Moving news from all around the world. Delhi, newg to new jersey and washington come our bloomberg voices are on the ground todays top stories. In asia, you had the pboc lowering the rate it charges on shorterterm loans to lenders. Index added 150 billion yuan into the banking system. Joining us is tom mackenzie. Is this the start of an easing cycle, or a shortterm term liquidity crunch into the new year . Tom it seems like more of a shortterm liquidity crunch. We are looking ahead to january, what it looks like you will get a withdrawal of cash out of the Financial System here of about 450 billion. They take that liquidity out ahead of the chinese new year, which comes in towards the end of january. It does seem like it is more of a seasonal effect. More broadly in the economy, credit has been tightening. We saw today from the pboc was some gradual measures to try and address this queasy liquidity, and a couple of basis points and a sevenday reverse repo as well. About 28ly, you got b
Arsenal and everton are in new talks its like the word moves. So just for new managers. Several jedi its like the word moves. So just severaljedi are stilljust a jedi. A story of Christmas Joy acorss the generations what happened when young and old got together for a festive celebration. Weve been hearing about how london good morning. Its beginning to look fire brigade has been criticised by inspectors, saying its not a lot like christmas here in covent well run. Garden in london, despite the fact weve been hearing this morning how that its raining. This rain will the london fire brigade has been criticised by inspectors, slowly from the south east through saying its not well run, the day. When the fog lifts, many of and needs to improve. Her majestys inspectorate of fire and rescue services said the brigade us the day. When the fog lifts, many of us will have a dry day but still had been slow to make changes which were needed after some showers in the north west. More the Grenfell To
Labour on 203 with some significant losses from 2017. The snp performing strongly in scotland on 48. The lib dems on 11, a relatively poor performance by then, alluding their leader, jo swinson, plaid cymru projected to end the night on 4. So, a very good morning to you, and you are watching election 2019. And here at new broadcasting house in central london, we are going to have this mornings headlines. We say a very good morning to louise minchin. Thanks, huw, good morning. With more than 600 seats declared, the conservatives have won the general election, with their biggest majority since 1987. Labour meanwhile has had its worst performance in three decades. Labour Leaderjeremy Corbyn said he was disappointed and wouldnt lead his party into any future general election. It was a poor night too for the liberal democrats, whose leaderjo swinson lost her seat. Jessica parkers report contains flash photography. He knows it. The conservatives have w011 he knows it. The conservatives have
Francine lacqua here in london. U. S. Treasuries are closed for the day. A lot of markets will be thin. Stoxx 600 gaining 0. 1 . The other big Market Movement this was happening is what is happening to the pound. We will speak to the pollster that put this yougov hole putting the majorities ahead. It always a good idea to look at yen. Gives us a good litmus test for risk out there. Coming up on bloomberg, we speak to the football legend Rio Ferdinand 30 minutes from now. Well ask him about what business can learn from sports and why he is working with the u. K. Property market. The Hong Kong Hong kong has found themselves at the center of tensions after President Trump signed a bill supporting city protesters. Requires special review of the trade status as well as sanctions against officials deemed responsible for human rights abuses. It threatens to copper gate trade talks at the two sides get close to a deal. Lets get the latest from jodi schneider. First of all, trumps action is exp
They say they need more time to evaluate sweeping changes affecting the brokerage industry. President trump urged voters in kentucky to reelect the republican governor today. He says it would send a message to House Democrats conducting an impeachment inquiry. Governors races in mississippi and louisiana are also seeing as a test of the president popularity, so our state legislator races in virginia. 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. Shery live from bloomberg World Headquarters in new york, im shery ahn. Amanda live in toronto, im amanda lang. Welcome to bloomberg markets. Top storiesare the we are following from around the world. Deepens bonds selloff thanks to optimism over a potential removal of u. S. Tariffs on chinese goods, denting appetites for haven assets. Curbing huawei. My conversation with sec chairman ajit pai unwanted want to Ban Companies