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Where we bring you todays market moving news from around the world, from hong kong to london, madrid, paris, and washington. We want to start with the latest trade development. President trump signals he would be willing to wait for another year before striking a trade agreement with china. Pres. Trump in some ways, i like the idea of waiting until after the election for the china deal, but they want to make a deal now. We will see whether or not the deal is going to be right. Its got to be right. Alix joining me from hong kong is enda curran. This is very different from what we heard yesterday from President Trump. Value, it is clearly the strongest signal we have had yet from the white house that we may not have this trade agreement by the end of the year. I think it will probably, something of a shock to both the chinese and Global Investors who have pretty much been ba ....
You had greeks being able to sell bonds for the first time a negative yields, so there is still search for demand in that negative yield world. Time now for global exchange. We bring you todays market moving news from all around the world. Current is in the is in the current is enda ant, anna edwards, and Kevin Cirilli. Reportedly, china is still open to a partial trade deal with the u. S. As long as no more tariffs are imposed. Enda currannt joins me from hong kong. Enda the fact that the hong kong delegation is still heading to washington speaks to the idea that china is in the market for some kind of agreement on the trade front. Colleagues in beijing are reporting today that china is willing to do more, perhaps step up its purchase of agricultural goods in the hope that at the y least, the u. S. Doesnt that the u. S. Withholds additional tariff increases. At the very least, it seems that there is some kind of play to get a part ....
Increase sanctions on iran road map begins with watching the fed. Investors expect the second rate cut in a decade. Stocks mostly lower ahead of the open. Fedex is falling this morning. Shares down in the premarket over trade worries policy uncertainty, of course, as well continuing to weigh on the delivery giant and right idea, wrong approach, House Speaker nancy pelosi sitting down with jim youll hear what she had to say about the president s china trade strategy as we said, a few moments ago, the president tweets, ive just instructed the secretary of the treasury to substantially increase sanctions on the country of iran. So nice that our country is now Energy Independent the u. S. Is in better shape than ever before, Strongest Military by far, biggest economy, no longer even close, number one in energy, maga e ....
Taking a look at under armour, Procter Gamble. Under armour pretty good. They see fullyear revenue coming up by 3 and 4 . The market still down by about seven points for the s p. Procter gamble pretty solid, up by 3 . 2020 organic Revenue Growth coming in pretty strong, beating estimates. Core Earnings Growth also beating estimates. David they see more organic growth coming up, so a good forecast as well. We will definitely get a good read on the consumer through the next couple of hours. Youre seeing the s p down by seven points. It is a mix. The cable rate completely falling out of bed. Where will you actually see the bottom . Finally it seems like markets are understanding a Boris Johnson prime ministership and the potential for crashing out of the european union ....