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Where we bring you todays market moving news from around the world, from hong kong to london, madrid, paris, and washington. We want to start with the latest trade development. President trump signals he would be willing to wait for another year before striking a trade agreement with china. Pres. Trump in some ways, i like the idea of waiting until after the election for the china deal, but they want to make a deal now. We will see whether or not the deal is going to be right. Its got to be right. Alix joining me from hong kong is enda curran. This is very different from what we heard yesterday from President Trump. Value, it is clearly the strongest signal we have had yet from the white house that we may not have this trade agreement by the end of the year. I think it will probably, something of a shock to both the chinese and Global Investors who have pretty much been ba ....
Time now for global exchange, where we bring you todays market was a news from all around the world. From beijing to riyadh, to paris, london, and washington come our bloomberg voices are on the ground with this mornings top stories. We started in riyadh come over saudi arabia released its latest in riyadh, where saudi arabia released its latest budget. Emco has significant value aramco has significant value. We have done everything by the book. We are very pleased with the feedback we are getting from investors initially. We will watch how the market reacts. I am very optimistic because the Company Value is very significant, and we will let the markets cover that value. Eldin, comegamal anchor of bloomberg daybreak middle east, joins us now. Sef Share Trading starts at 10 30 in the morning wednesday, 2 30 in the morning eastern time. I know you are going to stay up for that, a ....
Hour. Manus warm welcome to daybreak europe. The recommendation for shareholders. Quite a discussion. The board proposes no diffidence for the past fiscal year, so they are promoting the current offer, saying no diffidence for the current year. Ebitda. It is all about oil where i am on the ground. The ceo last night talking to me about volatility in the oil markets. He would not give me a price. 15 is the range. Sub 60. Pec, the call from morgan stanley. We have got the indian oil ministry. One of the biggest buyers of crude from this region. It is the air, it is not good. Nejra when you talk about oil, the line to be drawn for the trade war is clear. He might talk about sub 50 oil. Let me get the deutsche numbers here. They are saying the guidance for 2019 and 2020 is confirmed. The ebit guidance is reaffirmed. The context, the last earnings, the forecast with 5 billion in ebit for 2020. Then what we heard was basically the target. Post what, when deutsche said that in october, a slow ....
Ever been involved with them, good things beget other good things, or vice versa. Doingy i see it, and im my best to report this to you without divulging too much, the mood music is good. The negotiations are going well. Thought. E let me give you one additional thought. The official statements from china, let me repeat this. Back, andt, going ive been here almost two years, doing this nonstop, many times we had a more optimistic view, but then we would get statements and commentaries from officials in the key chinese ministries that suggested not so much optimism. This time around, regarding phase one, please note how optimistic the comers ministry, the foreign ministry, the finance ministry, and their leaders, how optimistic, how positive and constructive they have been. I used that as a leading indicator, jonathan. I dont want to get ahead of this story. I dont want to predict. All im saying is the phase one talks, which are here before us and which represented a change in the entir ....
Was going on in afghanistan. We had no troops, not an embassy. We might do a peace deal with the teleman, but they are not there yet. Says a democratic senator boltons firing was part of a familiar pattern with the trump white house. Exampleis just another of the president getting rid of anybody who does not agree with him. I clearly did not agree with boltons hawkish positions, but mark President Trump told reporters today that bolton was not getting along with other members of his administration. Somber ceremonies are being held to remark the to mark the 18th anniversary of the 9 11 attacks. A moment of silence was held at ground zero in new york city at 8 46 a. M. Local time to mark the moment the first plane struck the north tower of the world trade center. Global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more i am markountries, crumpton. This is bloomberg. Liv ....