Most are the 1st to. Enter politics confrontational and story. 5 adventures. One goal. The preservation of our climate. Starts nov 6th on t. W. President ial before hitting the shelves turkey calls for a sweeping boycott of french goods escalating standoff between the 2 countries over the free speech also on the show a new w t old leader at last nigerias former finance minister gets the backing of all 27 year countries to become the 1st woman at the 1st african to head to the wall street over 6 and inflight dining has never been so grounded Singapore Airlines serves up food. Movies in the east re a beat that doesnt take off but demands. Im chris cuomo welcome to the program the raw between turkey and friends over islam and free speech is turning into a trade battle turkish president type and a number of arab countries have called for a boycott of french goods now while france has withdrawn its ambassador from turkey tensions over the issue are flying high in the muslim world. French Da
Chinas exports expanded in august but imports tell a different story as shares of the chipmaker, smic dive. And u. K. Officials are said to designed toa law override the brexit agreement. It has just gone 6 00 a. M. And that in london and dubai. M. In will Christine Lagarde said quietly on friday . Squarely back is on the agenda. Good morning. It certainly is back on the agenda. Look at cable trading this morning. As you say, Boris Johnson playing hardball and the u. K. May introduce the bill that may dilute the agreement that they have come up with which will more complicated. Im interested in the hurdles state aid and fisheries eight hours dedicated to each of those pocket topics this week. The question is about the repositioning on tech. Andill dig into that whether or not the market is beginning to turn order is it going to bifurcate more profoundly . Today. Markets are closed but the nasdaq 100 futures softer this morning down more than 1 after a selloff. As a my see down 18 in ho
New zealand going to issue 60 billion kiwi with Government Bonds between now and next year saying the net debt will rise. That will be in 2023. That is coming out of wellington. Looking at what is happening we have got the australian markets on the way. Of huge ball in the number people out of work but the Unemployment Rate better than expected, down to the dissipation rate their, falling quite drastically as well. That is where we have it. China 10 year bond. We have got yields going back as the price goes up. Risk off sentiment, facing unprecedented threats from the coronavirus and monetary and fiscal policy makers must rise to the challenge. Jay powell pushback talk of negative rates. Is an unsettled area i would call it. There are fans of the policy, but for now it is not something considering. We have a good toolkit. That is the one we will be using. Haslinda joining us from new york is nicole webb from weld enhancement group. So the fed saying not likely to go negative, but it is
Were not seeing that, but im looking at tech stocks we are seeing still dramatic moves, pintrest up about 10 shop fie up about five the market faded gains yesterday in the 10 00 hour bounced back by 11 00 and close we were about flat you never know which way that is going to go, right, morgan thats true, jon. We have averages up about 20 off the march 23rd lows. One of the questions being debated on wall street right now is are equities ahead of reality . The focus has been for investors for the market the curve of the virus. We are seeing some of the hopeful signs thats maybe flattening in the hot spots like new york, new jersey, some of the other areas that have been epicenters here in the u. S at some point in the coming days, hopefully based on the models well get past that projected peak and i think the question shifts to what does the medium and long term impact of covid19 look like on the economy and also what thats going to mean in terms of a rewriting on earnings, which were f
the running to had the trade body. no negative rates and no curves for now, that is the message from the federal reserve vice chair. joining me doubt is michael mckee, bloomberg international economic allah see consultant. equity has really started to rollover as we have talked about the fact that we are nowhere near a yield control situation. michael: the yield curve is not moving fast enough, they don t have to worry about it right now. the headlines out of the speech, besides the fact that the fed will not start raising rates just because unemployment goes down, which chairman powell told us last week that they will not be doing anything to push down on the long end beyond forward guidance and their statements. no negative rates, no yield curve control. claridat clara to said, the potential benefits from this approach may be modest. most of my colleagues judge that yield caps and targets were not warranted in the current environment but should remain an option. he later