Surveillance. Goodning orbit more afternoon or good morning. We saw a bit of a lift in asian stocks. Now, the stocks europe 600 down. 27 . It always honest President Trump and xi jinping can find a solution. They will sit down and we will see if we have something at the g20. The u. S. 10 year yield, the story of the day, actually, the year. The nymex at 54. 12. We understand opec may have found a date with a could meet, the first of july. Coming up, we have an allstar guest lineup. At 930, we have an excuse of interview exclusive talking luxury and the chinese of watching. At 11 30, we are joined by blackstones chief executive Steve Schwarzman. And later on, we speak to the facebook coo sheryl sandberg. But first, lets get straight to bloomberg first word news. A bloomberg scoop. President donald trump asked white house lawyers to explore his options for removing Federal Reserve chairman Jerome Powell. Happened earlier in the year, less than two months after trump discussed firing him.
alert and new warning from beijing, and major escalation of rhetoric out of china. suggesting if house speaker pelosi flies to taiwan with a fighter jet escort, the chinese military could shoot her plane down. happy friday, i m john roberts in washington. hi, sandra. sandra: developing story. that is brand-new, i m sandra smith in new york. that stark warning just came from beijing, it happened moments ago. china state media saying a fighter jet escort for pelosi would constitute a invasion, but still no word whether pelosi will be visiting taiwan. yesterday chinese president xi warned president biden not to play with fire, meanwhile russia publicly standing with china on this matter. john: fox team coverage to kick off the hour. the rising red threat. begin with jacqui heinrich, live on the north lawn. jacqui, new information about how the chinese might respond to pelosi s visit? sure do, john, concerning suggestion from state media that the chinese could shoot down
But this is an external narrate week, nasdaq up 2 extraordinary week, nasdaq up 2 . Pretty incredible comeback. S p, if you look at the this is a 50 day moving average, so maybe a mediumterm trend line. We are right above that level. What does that mean . Is a sign the s p is above moving average for the First Time Since october, or is a negative side because the 50 day average has moved so much lower . When a continues to come down, that could be dangerous for site stocks. Joe we saw a solid jump in the twoyear yield. This is after a very solid core pc report, the inflation the fled it looked at the fed it looked at. None of these are based in reality, so it probably means more rate hikes, higher shortterm rates. You can see where we were. Alix report was embedded it within the gdp growth, which showed better than expected growth. In terms of currency, the story remains on the count. Anxiety. It continues to sink today, and sterling has rounded off its worst week since january 2009. T
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