This critical summit for him. The president will be talking to nine of the 20 leaders. That will start tonight japan time. President trump will be talking trade with japan and china. On japan, the u. S. Trade representative Robert Lighthizer believes he could have a deal, a trade deal in place within weeks, on china and in exclusive phone interview with our maria bartiromo, President Trump says the next round of tariffs on chinese imports may not be 25 . I havent done phase two yet. Now, phase two doesnt have to be 25 . It could be 10 which people can absolutely handle. But our people arent going to pay for that either. And the president argues that Chinese Government is actually paying for these tariffs and the way he says that is the Chinese Government subsidizes their companies to keep the export costs low on to these tariffs. Thats the way he says china is paying for this. This week will go a long way to see if we can have a trade deal in the near term or longterm with china. A sou
First time in a decade. Orders on uncertainty from brexit. Input cost inflation slowed to the weakest and more than a year. New orders rose. The composite index, which encapsulate the manufacturing gauge, the Services Gauge also beating estimates, rising to 55. 8, the highest since april. Services job creation fell to the lowest level since march. The businesses reported entrenched Economic Uncertainty and maurice about Business Investment among clients. This is a wonderful chart. A, the blue line. Y, is the pound. It shows the correlation. What is fascinating is the inverse relationship between the ftse and the sterling has never been stronger. The 40day correlation between the two the lower chart, reached the most negative yesterday ever. The most negative ever after the boe raised rates. The relationship to give the ftse a big boost after the brexit vote has propelled it in recent weeks to near record. We had an intraday record yesterday because of the weakness of sterling. Vonnie f
First, to our lead. Anticipation has been growing around the release of Samsungs Galaxy s8 smartphone with more than one Million Advanced orders, a new record for samsungs home market, but will the demand be there. Growth is expected to slow down this year. We caught up with an analyst and cory johnson. There is a lot riding on it. Samsung has a reputation to repair. We collaborated with the to do this quick study to see. The note 7 issues did not seem to be a barrier. They said that was not a deterrent for them to consider. With existing owners, it was 65 , so i dont think that is in the mind of a consumer as big of a deal as people made it out to be. They may be more cautious in their review to say this happened. I think they are playing the cards, but the reviews have been good, and people have been raving about the screen, so i dont think the note issues are as bad as people think, but now samsung needs to ramp up their marketing. Caroline you have been cautious to get to excited a
First, to our lead. Anticipation has been growing around the release of Samsungs Galaxy s8 smartphone with more than one Million Advanced orders, a new record for samsungs home market, but will the demand be there. Growth is expected to slow down this year. We caught up with an analyst and cory johnson. There is a lot riding on it. Samsung has a reputation to repair. We collaborated with the to do this quick study to see. The note 7 issues did not seem to be a barrier. They said that was not a deterrent for them to consider. With existing owners, it was 65 , so i dont think that is in the mind of a consumer as big of a deal as people made it out to be. They may be more cautious in their review to say this happened. I think they are playing the cards, but the reviews have been good, and people have been raving about the screen, so i dont think the note issues are as bad as people think, but now samsung needs to ramp up their marketing. Caroline you have been cautious to get to excited a
First to our lead. Anticipation has been growing around the release of Samsungs Galaxy s8 smartphone, with more than one Million Advanced orders for the device in south korea, a new record for samsungs home market. But will the demand be there . Growth is expected to slow down this year. We caught up with an analyst and cory johnson. There is a lot riding on it. Samsung has a reputation to repair. As we were talking about, we did some research. We collaborated with them to do this quick study to see. The note 7 issues did not seem to be a barrier. 60 of consumers said that was not a deterrent for them to consider. With existing owners, it was 65 , so i dont think that is in the mind of a consumer as big of a deal as people made it out to be. I think the media is being more cautious in their review to say, this happened. I think they are playing the cards, but the reviews have been good, and people have been raving about the screen. So, i dont think the note issues are as bad as people