On 110 billion of product. The apple watch among products subject to the new levy. China responds with incremental duties on 75 billion of u. S. Goods. Official pmis for china show a Manufacturing Sector that is still in contraction. The u. S. The u. K. Labour party readies legislation to prevent a no deal brexit as Boris Johnson pledges billions in domestic spending when parliament returns tomorrow. Good morning. Welcome to bloomberg markets. Im looking at bones. We are seeing that actually the yield is coming back up. Investors are not as worried as you might have thought. Take a look at futures throughout europe. We do see when you look at the futures trade still some green dax futuresexample, are up. Ftse futures are up a third percent. Open,not, at least at the turning out to be a risk off day. The u. S. Has slapped tariffs on 110 billion dollars more in chinese imports. The 15 duty came into effect yesterday. Consumer goods ranged from textiles like the apple watch to Technology
A warm welcome to bloomberg daybreak europe. From here in the city of london, im anna edwards. Welcome to vienna. The sun was shining as they began to arrive yesterday afternoon. Duration of the november agreement, 6, 9, 12 month at 54. N, and crude the scale of the cuts, 1. 8 Million Barrels is what they had agreed the last time. Could they go for something much more significant . All take you back in time. 5 Million Barrels back in the late 1990s, and the grand coalition which is ok and nonopec. Do the heavy lifting and get on with your job. That is the message, but could they bring more nonopec members on board . They get together today to study the prospect of what a 12 month extension might mean. We will be chasing around vienna all day. Anna some critical things to talk about with regard to the oil crisis oil prices. Oil prices will supported right now, partly on the back of the opec conversation and also with the u. S. Data in mind. Technical indicators suggesting put someures i