In the markets, we are seeing equities a little bit softer across the board. S p features down by about 0. 2 . Tech leading the declines lower in europe. Dollar seeing a stronger ish. Been about the reversal of the trends. Will that continue, or is today just a pause in this new shift in paradigm, as you have yields up by about one basis point . Time now for global exchange, where we bring you todays market moving news from all around the world. Soining us now is bloomberg and the karen bloombergs enda curran and michael mckee. An joins us from hong kong. Removed theave quota you need on stocks and bonds to buy in china. It is not necessarily going to be an immediate game changer. This is all about the narrative around china gradually opening up and trying to get the yuan used more globally. At the same time, it is an example of how china is incrementally littering on some of its pledges. Global message to the Financial Markets them china is open for business, and this would certainly
Negotiators are coming out and saying china is a problem. Resident negotiators with no deal odds rising. The timing is a hint there may be a willingness to talk. Rosalind another round of earnings reports sends signals about the Global Economy. Xiaomi is facing headwinds on a number of macroeconomic fronts. Certainly in europe, there is no question we are seeing , weakening. Rosalind Federal Reserve chairman jay powell speaks at jackson hole. And bloomberg gets exclusive insight. We are at a sort of equilibrium right now, and i would be happy to leave rates here. We have to be careful not to ease too much when we do not have significant problems. Lower rates will stimulate our economy somewhat. I dont see this as the end of a ratecutting cycle. I think right now we are where we need to be. Rosalind it is all straight ahead on bloomberg best. Hello and welcome. I am rosalind chin. This is bloomberg best. Your weekly review of the most important Business News and analysis around the worl
With noent negotiators deal chances rising. Another round of earnings reports sends signals about the global economy. Show me facing headwinds. Jayederal reserve chairman powell speaks at jackson hole. Of are at a sort we have to be careful not to ease too much when we do not have significant problems. Lower rates will stimulate our economy somewhat. I think we are where we need to be. It is all straight ahead on bloomberg best. Hello and welcome. I am rosalind chin. Bloomberg best. Lets start with a day by day look at the top headlines. On monday, markets responded positively to news that trade tensions. The Commerce Department announcing the u. S. Will review days soei waiver for 90 companies can continue to do business. They have 90 days for limited part of their business. This extends a reprieve. U. S. Customers of huawei, particularly those who run networks that depend on equipment. Headsetpliers of the business. Itsre looking at google and android software. This allows google to
Resident negotiators with no deal odds rising. There timing is a hint may be a willingness to talk. Another round of earnings reports sends signals about the Global Economy. Xiao me is facing headwinds on a number of Macro Economic fronts. We are seeing weakening. Rosalind Federal Reserve chairman jay powell speaks at jackson hole. We are at a sort of equilibrium right now and i would be happy to leave rates here. We have to be careful not to ease too much when we do not have significant problems. Lower rates will stimulate our economy somewhat. I dont see this as the end of a rate cutting cycle. I think we are where we need to be. Rosalind it is all straight best. N Bloomberg Rosalind hello and welcome. I am rosalind chin. This is bloomberg best. Your weekly review of the most news and Business Analysis around the world. Lets start with a day by day ns look at the top headlines. On monday, markets responded positively to news that seems to imply an easing of u. S. China trade tensions
730 7. 3 . Of i want to bring you this. What do we have at the start of the year . We are just 52 basis points now. That is probably factoring armageddon. What could possibly be going on in the eurozone to have yields that far out that flow . That is a thought. To new york and join su keenan. With germany,t this is a could muster 55 million in stimulus funding. The governmenth says it spent last time a crisis hit more than a decade ago. And it says it has the reserves to do the same again if necessary. The Prime Minister says action is not needed yet. The biggest problem is uncertainty costs in ongoing u. S. China trade wars. Senior white house advisers fanned out across the sunday talk show circuit to push back at fears of recession here in the u. S. They said the economy remains robust and consumers are still spending. Top economic aid larry kudlow and trade advisor Peter Navarro said there are no additional plans for not staying the course. I sure do not see a recession. We had some