Inflation unexpectedly slowed any third quarter. It could add to signs that the rbnz could deliver more stimulus in the coming months. Rishaad we are at the moment drifting. Lets have a look at what is going on with some other Asset Classes and benchmarks. Bloomberg dollar index pretty much unchanged after gains overnight. 10 year yield, very little going on. Still 85 basis point. Hang seng up about. 4 . Shanghai lurching slightly lower. We do have this headline. 9. 9 i posting near 10 , rise in revenues between january and september. They came in at 671 billion yuan. That is huawei coming out with numbers. But really, we are just sort of drifting, arent we . Juliette we are indeed. Lets get a check now of the first word headlines. Stimulus negotiators in washington say they are moving closer to an agreement with nancy pelosi, saying they are just about there on a relief package. The speaker says she and Steven Mnuchin are close to agreeing how to allocate funds while letting schools r
Contracted report for the commission on chinas expeditionary capabilities. Were really looking forward to that. At james, he specializes in emerging technologies, threat assessment, forecasting and data science. Much of his work analyzes chinas Armed Forces Modernization and u. S. Longrange strategic planning. Before joining james he was an extra Research Assistant for Yale University department of medical science where he did research on chinas naval modernization. Mr. Peltier has a master of arts in International Science from university of chicago. Good political real school. We will next year from kevin mccauley. Hes an independent analyst and was formally the scene Intelligence Officer for the soviet union, russia, china and taiwan during his 31 years in the u. S. Government. Hes senior china analyst for the armys National Ground Intelligence Center and he served on Advisory Board and working groups supporting the intelligence community, the National Intelligence council and the u.
Is when Prime Minister netanyahu faces a challenge up to the leadership of the party after failing to form a government. Lets talk about trade and not the usual tensions between the u. S. And china. There is escalation cost true trade wars two trade wars. Move is cutting tariffs, a partly aimed at expanding imports. The news comes as beijing and washington work to finalize the signing of the first phase of the trade deal next month. Japan and south korea agree to negotiate on export controls. President moon jaein and Prime Minister shinzo abe will meet for bilateral talks i tuesday, tomorrow. Joining us to discuss in more detail, bloombergs executive editor for Greater China john liu. Why is china cutting tariffs now . Remind us the process involved. John some of the products include pork, which is important to china. There has been a shortage domestically and we are coming up on chinese new year, peak season for me demand. Getting imports will be very helpful for president xi jinping
A shortened session tomorrow and were going to watch this news, whatever it is, as it is halted, currently for news pending comes on the heels of front page story in the times today, which says a couple of different things, one, he was dressed down by the faa chief earlier in the year told not to ask for any favors and says the halt of production of the max in their words is one of most consequential decisions in the companys 103year history. We dont know what this news is, jim, probably wouldnt surprise many people if it involved mull muilenburgs tenure. His top priority has got to be getting along with charming and sharing and being transparent with the regulators. I would have thought that would be Crystal Clear the day of the first crash. How did it reach that juncture shocking one thing he says is dont ask for any favors was he expecting him to ask favors that is not a good situation to be in. Thats just one small way, part of the way, this crisis has been handled for the last yea
Miss the mark. Joining us for the hour, stephanie link from nuvine what do you think is driving the action right now, if the calendar is so devoid of data points so much for a slow day today, right . You had boeing you had over the weekend, china, small stimulus, which i dont think got a lot of press, it should have. And the data was okay. Durable goods can be explained away from boeing for the most part new home sales, up 17 year over year i think thats good. Chicago fed at a twoyear high i think theres enough momentum between now and the end of the year to kind of continue to see green days maybe we tail off a little bit at the end of the year, but i think well continue to see green days into the end of the year were on a nice streak so far. Lets dive into the biggest story of the year, that is boeing our phil lebeau has the latest on that. Hi again, phil hey, carl Dennis Muilenburg was fired after the board met over the weekend. The decision was made sunday night. And this was not h