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Launched an icbm for the first time. President trump tweeted that perhaps china would end this nonsense once and for all. And china willia be meeting. Chinas official news agency, trade between 33 inand china raised the first five months of the year. Further questions about Donald Trumps travel ban. The state of hawaii is challenging the enforcement of the order. They asked a federal judge to deny. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am emma chandra. This is bloomberg. Thank you very much. Those are the headlines. Lets look at the markets to show you where we are on the European Equity session. The fourth of july is celebrating in the u. S. This is the picture right now. 0. 2 at the moment. We have seen north korea digesting the carried out that icbm launch. Some strengthening. We have the dollaryen stre ....
Looking at closing record highs in the s p 500 and nasdaq to the nasdaq trading at an alltime high see the down at an alltime high. The dow lacking a little. The big story is whether or not 20,000. Can achieve we have been watching for that for some time. If it happened last week, it would have been the fastest 1000 point rise for the dow since the 2000s. Now, it will match the fastest streak in 1939 of 35 calendar days. We will watch if that will happen. There is risk on the markets with stocks trading higher. Oil trading higher for its seventh day in a row. Since opec and not affect cut supply barrels. Gas and gold trading higher. Looking at the 10 year yield, it is housing having its biggest spike in about two weeks. This is represented in the red. Three basis points. This matches the risk on pictures asked stocks rally and bonds are selling off. Vonnie i will actually take it from you because they are still on vacation in london. Boxing day holiday. Thank you. Mark will be back wit ....
And monte dei paschi problems. Moodys extends its review of the baseline Credit Assessment as the ecb sees the troubled lender needing almost twice the amount it had thought to raise in a failed capital increase. Welcome to the program. We are less than half an hour from the start of European Equity trading. Could be thin volumes, being a home period between the christmas and new year holidays. This is what we expect at the start. Futures suggest a stronger start of trade in europe. A generally positive handover coming through from asia as well. The Australian Market up and back in action after the chris pratt. Get to the gmm function on the bloomberg. The gmm for the d10 shows equity markets dominated by the move in australia, up just over 1 . We see anpacific, increase for the first time in seven days. That is o ....