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Passes the italys president to decide whether new elections need to be called. Donald trump says he has been looking for a possible tax cut for a long time as he kicks back against the threat of a u. S. Recession. Think the word recession is a word that is an appropriate, because it is just a word that certain people im going to be kind certain people and the media are trying to build up, because they would love to see a recession. We are far from a recession. Matt Boris Johnson comes to berlin to meet Angela Merkel. Germany prepares a 30 year bond sale with a 30 coupon. I will speak later with the German Economy minister this afternoon. I will ride my motorcycle to leipzig and try to get a question in. We are less than a halfhour away from the european open. U. S. Treasury yields bouncing back up. This is a threeday chart ....
Yuan down 477. Beijing sites protectionism as agriculturallt imports. Asian equities down the most since october last year. European and u. S. Futures point to another day of heavy license heavy losses. Hsbcs ceo steps down. Good morning, matt. Matt good morning. Less than half an hour away from the start of european trading and it will be a negative session judging by futures. Gold surging again back to the highest level we have seen since 2013 as investors seek safe havens. Look at the futures trade across europe, a loss of more than 1 in ftse futures. We are dax futures down 1. 3 . It looks like it could be a very negative open. What are you seeing on the gmm . Anna a very negative session essentially through the asian markets as china hits back. The chinese currency being allowed to weekend weaken through seven. China asking importers not to buy u. S. Agricultural products. This is what we are seeing in the markets in the asian markets. You dont see china itself on the gmm, its not ....
Institute for research for catholic studies at au. I just confirmed with him a few minutes ago something that i thought might have been unlikely but its true. He has two books hot off the press just in the last few months. These arent just any presses. From Cambridge University press his book legislative hardball, House Freedom and power of threat making in congress, and a few months before that, choosing the leader, u. S. Elections in the u. S. House of representatives which looks like this, because it is this. I think theres some copies in the back maybe. No copies but ill talk about that. Ill leave that to matt. Matt was originally supposed to speak with his colleague doug harris from the university of bal mer who couldnt be here. Well leave that with matt. Thanks for making time to join us here today. Welcome. [ applause ] well, thank you very much and thanks for the ....
Debt default in argentina hit 75 as all the nations assets plunge in value. The embattled president warns against a return to the previous regime. The greatest problem we argentines have day is that the alternative to the government doesnt have international credibility. Ive been saying this for three and a half Years National investors dont trust us. Protest fallout. Hong kong stocks lead declines tearfully the ceo decries the chaotic situation in the city. And lower for longer. U. S. Bonds hold onto Massive Gains as the spreads hit their narrowest since 2007, negative rates coming to america. Good morning and welcome to bloomberg. First off, i have yield on chinese tenure debt falling to read percent, the lowest weve seen it since 2016. Ats not just europeans negative, u. S. Debt is falling to record lows. Lows the likes of which we havent seen in a few years. Futureseuropea ....
Propaganda,o speak but to talk about their leadership and how it has harmed iran. Matt from the german capital berlin, good morning. Nejra i want to quickly go through numbers out of renault, the french carmaker. Linyear revenue, the top e, close to last years level. Previously it saw a rise, so Renault Joins the slew of carmakers cutting back on the forecast, the outlook for the year, with slowing auto demand in europe, down 1 , down 7 in china last month. We see a global slowdown of autos, and renault is joining. We will talk to their ceo later on today, just after 9 00 a. M. This morning. Nejra . Nejra u. S. Equities yesterday fell from record highs. All 11 Industry Groups fell on the s p 500. Futures are a little higher on the s p 500, up 0. 2 . In europe, the big story was mario draghi, somewhat undoing what the ecb statement said, hinting rate cuts and more stimulus, bu ....