Businesses are failing, tourism has collapsed, and confidence is shot. Sweeping new security loss for hong kong later on tuesday after imposing visa bans on americans it says are interfering in its affairs. Look at the take a set up after the u. S. Paring back some of the gains. Betterthanexpected housing data overweighting these continued can turns and continued resurgence. Continued returns and continued resurgence. Sophie. Sophie futures are pointing higher. Chinese pmi is expected to show some stabilization from manufacturing while Services Face a setback. From south korea, we are getting a may industrial output. That was a bigger contraction than the expected 4. 5 via well vol that was seen in a survey. Nikkei futures in chicago heading higher and this is adding up the topix for the best quarters 2016. Since 2013, for the last of market rights, raising concerns with heavy concentration on japanese growth stocks. The yen wrapping up a sleepy quarter. Valuations as cheap as they com
With tim cook. And one company is shrugging off concerns about an economic slowdown in china. Well tell you which one it is. A moment of truth for lyft as insiders get their first chance to sell shares at the open stocks are set to build on fridays rally, were heading into this mornings trading session, the dow is within 394 points of recouping all the losses from that wednesday selloff of 800 points is the economy at risk of recession . Take a listen to what the president and some of his top aides said yesterday i dont think were having a recession. Were doing tremendously well. Our consumers are rich i gave a tremendous tax cut. And theyre loaded up with money. And theyre buying i saw the walmart numbers, through the roof. I dont see a recession we had some blockbuster retail sales consumer numbers towards the back end of last week. We had the strongest economy in the world money is coming here for a stock market also coming here to chase yield and our bond market. Vice president tod
Abramowicz some Jonathan Ferro your equity market on the s p 500 slightly negative this morning fantastic lineup looking ahead retail sales just around the corner. Earnings from home depot dropping across the bloomberg tomorrow. Numbers from target results from walmart on thursday. But once again this morning, we have to begin in china. Rate cuts bramo and the data not great at all. The biggest rate cuts going back to 2020. The data coming weaker across the board. Whether it has to do with retail sales, whether it has to do with industrial production. They scrapped their youth unemployment metric, which is not exactly encouraging. And now the question is, are they preparing a big enough stimulus to really stave off weakness that is much deeper than people expected . This is the right signal. The big question, youve alluded to it, whats next . Heres the commentary this morning from standard chartered. The cut has been aggressive from sogdian. This is unlikely to be the last measure. So,
America and it was also very sad driving through washington, d. C. , seeing filth decay, and all of the broken buildings, graffiti this is not the place that i love, this is the persecution of the person that is leading by very, very substantial numbers, in the republic primary and leading biden by a lot, so if you cant beat him you persecute him our prosecute him. Maria former president also writing on truth social i need one more indictment to sure election jon ernst Moxila Upadhyaya great to see you. Thanks for being here Moxila Upadhyaya thank you Moxila Upadhyaya how do you access what is taking place senator . What i hear from iowans is that they believe there are two systems of justice we have one system of justice, if your last time is trump and you have another system of justice, if your last name is biden. So, of course, iowans are upset, they want those who have done things wrong held accountable they dont see that in this case they see this a political move with the latest
Aleppo the yuen says that it is concerned about reports that hundreds have gone missing after entering government controlled areas of the city. It is estimated that about a hundred thousand civilians are trapped in those areas. A new report into systemic russian doping is detailing a wideranging institutional conspiracy involving more than a thousand athletes and more than 30 sports. The findings from the World Antidoping Agency was at the 2014 winter olympics. Statementsdenied any about the doping system. Global news, 24 hours a day, powered by over 100 26,000 journalists and whether 120 countries. This is bloomberg. Bloombergs world headquarters, i am scarlet. We are 30 minutes from the close of trading here in the u. S. This question is what did you miss . Talk about bad timing, these chairs under pressure today after they say they wont grant raise capital. Ill is happening after italian authorities are to form a new government. The topen is said to be candidate for the president el