Nejra che risch nejra cehic in london. Futures turning negative. We are positive in the Asian Session but that could have been a technical bounce with the s p futures dropping below the 30 day rsi. Looks like we could see another day of losses. , down threeyield basis points. Two year yield a three year low. Lasthit that record low friday. Pricedh gloom is being and the Global Pandemic. The yen has been strengthening for days. Losses below 50 a barrel. Bob iger is stepping aside in a surprise shakeup. The as executive chairman through 2021. He takes over the immediately. Chapin we have someone we know very well. The thing ive really taken away from bob igers legacy is get the content right and Everything Else follows. Senator Bernie Sanders felt the burden of his frontrunner status of the latest democratic debate. All six rivals delivering attacks. Their aim, stalling his momentum. Another focus of attacks, Michael Bloomberg. This after spending more than 500 million on advertising. Mr
But the bond proxies are back and they are big, the car sector an similar stories like that are selling off. German tenyear yields catching more of a bid. Something i want to highlight this afternoon is we are seeing emergingmarket currencies being sold off, including the russian ruble and the south korean south american rant. South african rand. For a bloomberg scoop, sources saying Chinese Stateowned entities are in talks to invest 5 billion to 10 billion in aramcos ipo. This comes as saudi arabia seeks commitment from friendlier governments to shore up the sale. We are joined now by our bloomberg reporter. How much is this impacting u. S. Markets and analyst today who might be interested in the ongoing deal . We knew this was going to get attention from a lot of the big sovereign wealth funds, they were going to be the folks to put their money behind it. This is a huge deal for china. Most people want to wait to see what kind of dividends saudi aramco is going to have. They have com
We have a feed through from the chinese economy to the rest of the world through chinese investment, particularly Property Investment and infrastructure investment, and the news on that front is not quite so positive yet. We are still seeing relatively sluggish investment in those areas. A lot of the recent improvement has actually come from the consumer sector, which is a good thing for chinas economy, where we are seeing some rebalancing away from investment, but in terms of chinese demand for what the rest of the world produces, it is not quite as positive a development. Having said that, despite the continued weakness in the property sector, there were some green shoots in the data today. I think we could see a bit of relief for the Housing Market over the next few quarters and that definitely will be a positive for the rest of the world as well. Todays gdp news comes as president xi hosts an anniversary belt and road forum in beijing. The meeting celebrates ten years of president
China lose this team powering its Economic Growth. Well be looking at it in this edition of made the ws business magazine. And here are the other topics. Rushes, oil, exports remain stable, functions and effective results. Packet, stoney village becomes energy self sufficient, and is replacing kerosene with hydrogen. The key to climate friendly, flying into bondage and bellow. Welcome to a show to china has had an unbelievable Economic Growth story behind it. For decades ago, it was a poor country, g, d, p per capita, was 288. 00 in 1981 last year. It was around 12000. 00. This development can be seen clearly in the countries real g, d, p. The sum of all the products and services of an economy, independent of price changes in the nineties and the mid to thousands. Gdp increase is a 14 percent where common last year it was less than 3 percent. Double digit growth is now in the past, my colleague, no data smith has been looking at the chinese economy. China is moto, more growth, more exp
Youth unemployment is storing an Economic Data has been disappointing. Overall, how to china lose this team powering its Economic Growth will be looking at it. And thats the addition of made the ws business magazine. And here are the other topics. Process, oil exports remain stable, functions and effective remote i guess tony village becomes energy self sufficient and is replacing kerosene with hydrogen. The key to Climate Friendly flight to bondage and bellow. Welcome to a show. China has had an unbelievable Economic Growth story behind it. For decades ago, it was a poor country because g d. P per capita was 288. 00 in 1981. Last year. It was around 12000. 00. This development can be seen clearly some of the countries real g, d, p, the sum of all the products and services of an economy, independence, a price changes in the nineties and the mid to thousands. Gdp increase of 14 percent were common last year. It was less than 3 percent double digit growth is now in the past, my colleague