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The omega Family Office. Nice to see you we just welcomed a conversation on stage. You just heard the Vice President who is on stage now describe the economy as booming, the stock market as near record high the fed cut Interest Rates yesterday. All makes a lot of sense. The administration wants even more what do you how do you make sense of it . Look, japan has had negative Interest Rates for 3 1 2 years what has it done nothing. Europe has negative Interest Rates. Their economy is doing very poorly the Vice President cited a bunch of factors, in of which on my list, Consumer Confidence is up, ret ....
Breaking into a Legislative Council building. They threw a chair against the door and tried to break it. It looks like they succeeded. Toy still want carrie lam resign. David the chief executive went to give a speech and it did not go so well. They are not very happy. Alix the Legislative Council issuing a red security alert according to local tv. These are protesters in hard hats. Staggering images when it comes to hong kong. David a lot of unrest. Alix we will be speaking on the ground to our reporter. She will be later on in the hour. In the markets, it is trade deal optimism. It looks like we will have the s p open at a record. How long can this risk on rally rally last . At one point did hit another record intraday low. And crude really popping up over 2 . But what does it say about demand . We will examine that over the next couple of hours. David we will look ....
Tariffs yet. China and the u. S. Reach a truce and stocks are set to surge at the open we do have those new records within striking distance plus, President Trump easing restrictions on u. S. Companies from selling products to, of course, the Chinese Telecom giant Huawei Semiconductor stocks are rallying sharply ahead of the bell on that news. And oil prices, well, theyre up, this after russia and saudi arabia agree to extend opecs deal to cut Oil Production by another 6 to 9 months. Stocks rising around the globe the s p 500 poised to open at a record high after the u. S. And china agree to resume trade talks. President donald trump offered concessions to his chinese counterpart xi jinping over the weekend, when they met at the sidelines of the g20 summit i ....
The june 20 record we had of 29. 54. At 2944. Now at 2966. To 14s fallen back down per ounce. We take a look at what that means for the two tens. Inare spending a rate cut july. Trying to get a lift, yields going out to 10 years. The story, as you know, always continues to be about trade in china. You are looking at dollar weakness relative to you on strength two yuan strength. Asiango over to our conversation, particularly over there with hong kong, we know in the last two hours we had protesters breach the Legislative Council for our global audience in hong kong. We had an update by sophie, on the ground for us. This is as they mark the 22nd anniversary of turning back over from the u. K. To china from hong kongs perspective. We will continue to get more updates from her in about 10 minutes time, where we will be live from hong kong. Guy absolutely. We are watching it very carefully in hong kong. Lets get back to what is ha ....