David Powell News Today

The meeting and it is still on. Manus a warm welcome to bloomberg europe. Zurich for a in couple of days. Wobbling. Omewhere is as Martha Malone says you are asleep at the wheel, opec. Is rate cuts the right policy response . Nejra and how long can that little rounds last bounce last . Are you moving from survival to strategy . Manus the dollar seems to have taken a new lead. Take a look at the dollar, down for the fourth day in a row. Deutsche bank says it is time to sell currency. The biggest ...

United states and weak business in fixed investment. I sit at the time we should do modest limited adjustment to the fed funds rate. The other thing i was worried about is the curve was inverted and i felt it would be much better if we had an upwardly sloping curve. To me, the curve is a symptom that maybe our adjustments were about right it was not intended to solve these issues but intended to adjust policy in light of these issues. I think the curve being upwardly sloping tells me we are in t...

In order to get that meeting. That really followed up on a public tweet from Rudy Giuliani in june where he was criticizing the Ukrainian Government for not having started an investigation into the bidens. Detailds an interesting to the focus on whether there was a quid pro quo. We expect the impeachment inquiry to dig deeper into the public hearings. These are transcripts and things we have had. We will have public hearings. What is important there . One of the witnesses will be william taylor....

Qualcomm up 8. 5 on a better earning quarter. Down 26 . No improvements throughout the session. Whoalked to the ceo earlier seems to not be worried but analysts on the street are calling out the unit. Airbnb, google not placing it as high in the search results and saying there is a lot of uncertainty ahead for expedia. Year is up by30 nine basis points right now. Were seeing a similar move over in the United States as these are substantial moves in the back end of the bond market. We are also ge...

Leading economic indicator. David the big question is what can be done about the slower pace. We will come back to you and talk about that. First we want to go to david powell in london because we have German Service numbers not encouraging. David p. there was a downward revision to the servicing pmi for the month of september on top of an initial decline we already knew about. Evidence of a slow down in the Manufacturing Sector is spreading to the Services Sector , affecting the entire economy....

Number for manufacturing. We received a number of reports over the last many months about trade uncertainties, about how Manufacturing Enterprises were a bit reticent to expand capacity. Capital expenditures have been very weak. I think it is a little more confirmation of the reports we had been seeing, and i think it will be very important to see the progression from here. Guy does that point the fomc towards a rate cut . Manufacturing is not a huge part of the u. S. Economy, but it is a signif...

Trumps latest trade rhetoric calms markets, but unease sets in with futures wavering in europe and america. Close to a coalition . Italys fivestar and democratic parties are near agreement on a new government with Giuseppe Conte staying on as premier. Said he would be open to talks with the u. S. But only if sanctions are lifted on his country. Matt less than a halfhour from the start of european trade. Take a look, first off, at gold holding gains. Not as high as yesterday, before the start of ...

Amazon, the latest in the eu cross hairs, facing a probe over possible anticompetitive Business Practices. Plus, ralph lauren and le le strauss in the red, both downgraded to sell at Goldman Sachs. And a tariff fueled strategy shift. Apple reportedly set to begin trial production of air pods outside of china and into vietnam. Another case of big tech under International Scrutiny amazon facing a formal eu antitrust investigation into its dealings with third party merchants. European competition c...

filing today, there is about four main requests. now, one is for a special master. thats a third party to be appointed by the court, who oversees the review of the evidence, on either side of the parties. another ask they have is to pause the doj from reviewing the evidence until that review by the special master has been completed. theyre also seeking a more detailed receipt, shall we say, of the property that was removed from mar-a-lago, and they want doj to give them back whatever n...

judge to appoint a special master, an independent third party, to review what the fbi seized at his florida estate. trump also wants a more detailed receipt of what was taken by the feds. and for the government to return any seized documents that were, quote, not within the scope of the search warrant. >> while trump attempted to get his hands on those records, investigators are trying to track down additional surveillance footage from mar-a-lago. according to "the new york times," thi...