Where we bring you todays market moving news from around the world. From hong kong to beijing to london to washington our bloomberg voices are on the ground with this mornings top stories. Start right now with hong kong with the citys financial chief said the economys set to contract in fourth quarter. Jeff joins us from hong kong on the telephonement welcome. Give us an update where we are. And how the economys doing there. Jeff good morning to you. The economy is hoping to see some kind of stabilization in the coming weeks. But the damage has already been done in the third and fourth quarters this year. We have only just seen a relative easing in the protests. But we are a long way from having an all clear or any kind of resolution to the political standoff. That means that the tourists and the spending that are the core of this economy, they are not going to return soon. We may see stabilization but it will be lower levels. David thank you so much. Jeff black reporting from hong kon
It is 1 00 in new york, 6 00 in london, 2 00 a. M. In hong kong. Im shery ahn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world that we are following. Two more trading days in what has been a blockbuster here for equities. While the euphoria last into the new decade . China takes another step to liberalizing its financial system, ordering lenders to adopt a new pricing regime. It is still early days in goldmans push to bank middlemarket companies but it is making progress in one count. Rating talent from rivals. Whats get a check on the market with kailey leinz. We are almost done with 2019. Kailey two trading days left. We are a little bit softer, invt easy. Right now, the s p is lower by. 3 , as is the dow and nasdaq, all of this on lighter volume. Even as stocks are lower, so our bonds. The 10year yield looking at 1. 9 . That is leading to a bear steepener money look at the spreads between lon
As of this evening to be impeached by the house of representatives. The president said leading into this he was not going to be watching what was transpiring up today up on capitol hill. Im told as it relates to the president over here at the white house he will be having a series of policy meetings throughout the day, probably making phone calls as well before he leaves for that Campaign Event in michigan later this evening. He did huddle last night here at the white house with Top Republicans in advance of this vote up on the hill today. One of those was Top Republican in the house, Kevin Mccarthy who gave this readout earlier today. Listen. He is focused on what the American People need but it is the strength of who he is. That is why we have a Strong Economy. Why well come out of this. Why, when you look at this, at the end of the day, everything speaker promised democrats, the poll numbers are low, theyre divided. Reporter democrat argue that the president abused his office by try
A new find from the e. U. Over the funny advertisers why are the french call the rules actions brutal and unjustified plus while i may be losing out on 5 Year Contract and it could be thanks to pressure being applied from Washington Well right down the latest and no matter how you feel about the price of big today turns out the leading cryptocurrency is far enough the best investment of the decade were going to tell you just how good it has been this is the one show you cant afford to miss so lets get started. And we begin today with reports that a facebook database was hacked and data belonging mainly to u. S. Users was posted on the hacker forum last week were talking about hundreds of millions of records so joining us now to break down this is boom bust course want to surmount as they all get their thanks for being here all right so once again facebook has another breach data goes missing it shows up on this hacker forum how many people are we talking about being affected were talki
Truth the time is now for watching closely watching the hawks. Join me every thursday on the alex simon show and ill be speaking to guests of the world of politics or business im show business ill see you then. This is good but broadcasting around the globe and covering the world of business and finance and the impact on us all on bins one and im christiane washington heres what we have in store for you today coming up google is facing a new find from the e. U. Over to funny advertisers why are the french calling googles actions brutal and unjustified plus while they may be losing out on 5 g. Contract and it could be thanks to pressure being applied from Washington Well break down the latest and no matter how you feel about the price of big coin today turns out the leading cryptocurrency is far enough the best investment of the decade were going to tell you just how good it has been this is the one show you cant afford to miss so lets get started. And we begin today with reports that a