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Their lives every day on the frontline, to Law Enforcement officers and First Responders, all of whom cannot work from home. To our businesses adapting to meet critical supply shortages, and to our public officials, and of course to our president. Americas best shine brightest when needed the most. All fighting to keep our country healthy, safe, and secure. And then theres us. Every day americans who have our own hopes and fears and struggles but still see simple acts of kindness and generosity all around us. We tell those stories tonight. Tonight, we highlight those helping to unleash the american spirit when its needed the most. Over the next hour, were going to tell stories, big, and small, of hope, inspiration, and every day heroism. The spirit that embodies america s strength and resolve in times of crisis, and continues to prove what makes this country the greatest na ....
Just a little bit of selling often treasuries. Crude oil is strong today, above 60 a barrel, giving a boost to some of the Oil Producers as well. In europe, we did get some disappointing ism data, but that is not doing anything to hold back markets. Stockocks euro 600 the euro 600e stoxx up. Sterling is off of its high, which was above 1. 35, after the election results. 1. 3334. The renminbi at 6. 9 nine today. Lets get to the latest on the geopolitical and mark laid implications of the phase i trade deal between the u. S. And china. Joining us is tom orlik, chief for bloomberg academics bloomberg economics. Tom i think there is a tangible sense of relief that a phase i deal is going to get over the line, and that those december tariffs are not going to go into effect. The rollback of some existing tariffs is an additional positive. At the same time, we dont have to go very far back in history to osaka over the summer or on a serie ....
Will we had that 2 as we continue to get a trade deal . Time now for global exchange, where we bring you todays market moving news from all around the world. From hong kong to beijing, london and washington, our bloomberg voices are on the ground with todays top stories. In asia, chinese economy is showing signs of stabilization and regaining some kind of growth momentum in november. Chinas Industrial Production and retail sales both meeting estimates. Joining me on the phone is in an. Current is enda curr give me some of the details in the data dump we saw overnight. Enda these clearly signal that the economy is ending the year on a better note. 8 . Il sales climbed Industrial Production rose 6. 2 . Theres some caution around the fixed Asset Investment number, which only grew 5. 2 , but nonetheless, the ....
Is fundamental to the government who is concerned about the economic fallout. Im Tom Mackenzie in chatham in square where china is celebrating 70 years of the peoples republic and communist party rule. Paul just want to get you to some breaking news out of south korea. We have Consumer Prices for the month of september. They are coming in weaker than expected. Cpi on year declining by 4 10 of 1 . Readingfollowing a 0 in august, which up until today, was the lowest reading in history. Now we have a new low. A contraction in cpi of 4 10 of 1 . That is the first drop on record. Auth korea is not facing deflation according to the finance ministry, which made comments moments after the release of these figures. We have oil prices weighing on the picture and south korea. The bank of korea has reduced its inflation forecast to 7 10 of 1 from 1. 1 . Well short of the 2 goal. This con ....