Helsinki, Michael Mckee in new york, and Kevin Cirilli down in houston. There was a bloomberg report trumpday that president might have a ceasefire, and the president basically confirmed it. Pm johnson i see a lot of pres. Trump i see a lot of analysts seeing we will do a piecemeal. Easy or hard. Theres a deal or theres not a deal, but it is something we are considering. David there you heard it. It looks a little like the chinese may have responded this morning. Right. Xactly some economists are talking about a mini deal. Theres the prospect of china buying some u. S. Agricultural products and exempting pork and soybeans from additional tariffs. Expectedtowards these talks in october at a high level between both sides, there is a word of caution as well in all of this. China has always been in the market for more agricultural goods. Dating more pork in particular because of swine flu. Theres certainly evidence of some good gestures, but no signs of a major, sustainable breakthrough ju
There is no evidence of a crime. This isolation has been used [inaudible] mark whelan who holds british, irish, and Canadian Citizenship was arrested in moscow of december of last year and charged with espionage which carries up to 20 years in prison. He has complained about poor conditions and said his life is in danger. Nebraskas highest court has lifted one of the last major hurdles for tc Energy Policy keystone xl pipeline but challenges remain for the 8 billion project which has been on the drawing board for a decade. The project is tied up in a legal battle in montana over itmits and tc energy says has already missed the window for beginning Major Construction work this year. Environmentalists claim the pipeline would contribute to catastrophic climate change. David cote him an industrialist libertarian and philanthropist is dead, according to the bloomberg billionaires index, he about 59h of billion, tying him with his brother as the worlds seventh richest man. Coke industries,
Lets continue with these market themes and try and understand where we are this week. U. S. Stocks fluctuating. I think we are building up to the payrolls. Treasuries continue to attract a bid. We are watching the data. Theres not as much now, but there will be more later this week. We saw the weak pmis. Italian tenure debt briefly going negative for the First Time Since the coalition was formed. ,ark cudmore joins us now normally based in asia, now here in europe, for a take on what is going on around the world. You are more bearish than you were last week. Why the change . Ive met a number of clients for oneonone talks, and i think they are hearing the bullish arguments out there. None of them seem to be overly compelling. Think the two main hopes of the bulls is that ultimately there will be a trade deal. I think that argument is not very strong because i think the longer is trump the only person controlling these trade talks. I dont think china once a deal unless they can be seen t
System. The crew capsule was jettisoned to safety. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, 1 00 in hong kong. Im shery ahn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and from around the world we are following. Restarting the ipo engine. Saudi arabia reviving preparations for a potential aramco ipo, after months of putting the planned listing on hold. The u. S. Is intensifying its trade fight with the eu over aircraft subsidies. The administration is proposing new tariffs on eu goods worth about 4 billion. A monster month for fiat. Truckof the ram pickup almost catch up to the topselling truck in america. We have the latest in auto sales. Halfway into the trading day, lets get to abigail doolittle. A down day for equities and yields. Abigail sma
3. From new york to frank for, Christine Lagarde heads for the euros ofs slowing and the need for fresh stimulus. Shery lets get a quick look at how the markets closed in the u. S. Stockmarkets removing with between gains and losses throughout the session before moving decidedly higher in the last hour of trading or so. We have the s p 500 falling to session lows when we heard from cleveland fed president Loretta Mester talking about the fact she could not support a rate cut. We saw a estate, utilities, communication stocks pulling the market higher. The s p 500 closed 3 10 of 1 higher. It was a session of low volumes. We are headed towards a july 4 holiday and not to mention that trading will help only during the morning session. We have seen a little bit of light volume in this session. Not to mention that we have a lot of ecodata coming around the holiday, including the labor report on friday. Take a look at tesla. This was one stock that moved with a surge in late trading, gaining