he also said g7 leaders could takegree on what it would to invite russia back into the group of leading democracies. abeident trump and shinzo are hoping to make their trade agreement a done deal . that is when they are planning a signing ceremony. onan will cut tariffs american beef and other agricultural products. that will help farmers hurt in a trade war with china. meanwhile, the u.s. will hold off on imposing tariffs on japanese cars. brazil president joe your bolsonaro faces domestic and international pressure to combat the crisis of wildfires in amazon. he pledged action to control the fires. the u.s. has offered its support to tackle the disaster. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i m mark crumpton. this is bloomberg. york,: it is 1:00 in new 6:00 in london, 1:00 a.m. in hong kong. i m vonnie quinn. welcome to bloomberg markets. from bloomberg world headquarters in n
not for a not for profit group. 251 mass shootings in the u.s. david: so the shootings over the weekend were one of many political developments we re watching all over the world this morning starting with those violent protests in hong kong. president trump tweeted this morning in part, we cannot let those killed in el paso, texas and bloomberg daybreak die in vain. we can never forget them and those many who came before them. he just tweeted out a few moments ago. the new york stock change and the nasdac will observe moments of silence and president trump will make a further statement later in the day. we welcome marty schwenneker to the show. the president said he s in favor f background checks. that s not going to happen. it did pass the house overwhelmingly. it was stocked like a lot of legislative efforts in the senate. mitch mcconnell can bring that bill to the senate floor. he can call back the senate to pass such situation but conflating it with immigration refo
saying this is really serious. livedt, kyle lowry, who in toronto but now plays for the golden state warriors, said this is not toronto. we are nice people. in fairness, the crowd just immediately reacted, but then there was an eerie silence after they figured out what happened because he was really badly hurt. alix: nothing like sports to bring up the massive competitiveness. in the markets here, on a news flow basis it feels very calm, but we are seeing some fall through to the rally. we are continuing to climb higher. s&p futures up by about 12 points, euro-dollar flat. you are buying stocks, selling bonds, but only in the u.s.. the move not really seeming to freak anybody out quite yet. we had a huge rally in bonds last week. are we reversing now in crude? up 7/10 of 1%. david: in the morning brief, 8:15 this morning, uber s ceo is speaking washington, d.c. at 8:30, u.s. ppi numbers for may. at 1:00 this afternoon, the u.s. treasury is selling $100 billion in three-year n
is up today. incomehe question be where does that leave boeing liability. bloomberg intelligence puts potentially $1 billion in assets for the law sets. david: and that is just for the wrongful death lawsuit. are stillmax 8 s sitting on the ground. alix: definitely a story we are going to be watching for the next couple of hours. in the markets, we are looking at a really solid risk on rally here. that is the big take away. european stocks sitting at a six-month high. you have selling off in the bond market. commodities rallying, brent above the 200 day moving average. on declines. on rise after declines. over the weekend, people were really anxious about the economic data coming out, and it seems like we are off to the races this week. it is time now for bloomberg first take. we are joined by, o brien by emma o brien and sarah ponczek. let s start with the china/u.s. trade talks. i will start with you, emma. there are a couple of little problems, like to the tariffs come
points and now is maybe 100 points higher. part of that had to do with oil. oil really lost steam in the middle of the day, kind of tracking stocks down a bit with it. but the nasdaq, that was a big winner of the day. in part because of apple ,onceding its best rally rallying to a three-month-tracy: you mentioned oil just then. i want to bring in currencies because we are seeing a move in the dollar off the back of yellen s dovish stats from yesterday. five-your local man off the back of that we have the emerging market currency rally specifically being led by the russian ruble at the moment, which is really having a big, big jump against the u.s. dollar, and of course, the brazilian real. alix: we had volatility in the currency market but not really in stocks. this cool chart comes from oliver renick and it basically looks at the close to close absolute value of the daily move in the s&p. that redline their means a 1% move. march has just seen three days with at least 1% cha