Page 2 - Statement Bank News Today

We bring you todays market moving news from around the world. Our bloomberg voices are on the ground with this mornings top stories. We want to begin with china. The government has agreed to cut import tariffs on a wide range. F goods joining us is stephen engle. Break down what we know about the tariffs, why now, etc. Stephen this comes fresh after a trade one agreement a phase one trade agreement. A gesture, yes, to show its lowering trade barriers, but it also wants to spur domestic spending ...

Timeline solidified for putting the max back into air, and get everything going again. Guy why now . Why not later, and why not earlier . George this is sort of the season where you see some of these changes happen. It seems like it was a little earlier than we thought it would happen. I personally think the faa timeline we got a couple weeks the pushing things into earliest midfebruary to get the max back into fleet, i think that had something to do with it. I think the star liner might have ac...

The etf industry, big numbers are par for the course. Our analyst Eric Balchunas is used to big numbers. Eric this is no exception. This is the end of the year, the last show, so normally go over weekly. You today numbers are big. 324 billion. That is the second biggest year of etf flows ever. 7 organic growth. Lets look at the top leaderboard of the year. Bti broad market. 31 , that is the best return for the s p since 1997, even though it did not feel like that. Usmv was a shocker. Interesting...

On friday. So more rain at times everywhere today. Also lots of dry weather, its mild, and its rather windy as well. So ill start to the morning, the initial rain is pushing its way northwards. Lots of cloud, but lots of dry weather as well, particularly through the mid to late morning into the first part of the afternoon, before further pulses of rain just afternoon, before further pulses of rainjust put in afternoon, before further pulses of rain just put in from the south. But turning dry aga...

Towards the close. The s p is below the daily average, so there may be headlines that wont matter to the market because you have to look past it, but maybe they were all transfixed in watching it on tv. That is your close on that for the day. Thinking about that shuffle near record highs. Is bigger than one year. Range. The volatility there is that horrible volatility to the downside. Welp into oversold territory. We go into somewhat overbought territory. Uout. The s p 500 stalling that rsi is o...

Rates are the second time this year, but Jerome Powell says only moderate policy moves are needed from here. Down, a more turn extensive sequence of rate cuts could be appropriate. We do not see that, it is not what we expect, but we would follow that path if it became appropriate. Anna the fed also plans a cash injection to tame the repo markets. Sticking to its guns, the boj calls for an october review after leaving policy unchanged. Investors look to the bank of england for their Interest Rat...

Yes, it is now a consumerdriven economy. We do want to alert you to new protests in hong kong. Nothing major so far but its just 9 00 at night over there and protests generally pick up steam in the hours before midnight. We cover this because these protests are a wild card in the china trade talks. They could affect our market and because we respect the courage of those youngsters demanding freedom. Now this. There you go. Which is the real Elizabeth Warren . Take a long, hard look. I couldnt te...

Breath. Reports about the scrapping yield curve control along with buying of etfs and all with rate hike potentially. Lets look at how markets and japan are faring. You get the sense regardless of the normalization of policy, markets believe the nikkei can run higher. The fundamentals are intact amid all this Corporate Governance improvement. We saw it decline in the morning session but it did close 2. 7 higher just yesterday. We see in the options market, for example, the contracts for the stri...

Helicopter crashing in southern california. And in new mexico, a massive fire at this Plastics Recycling plant. A health alert now issued and a developer story from suburban maryland. A body is found along a popular nature trail one day after a woman was reported missing by her boyfriend. What investigate are now revealing growing fallout after this riot in new york, social media star cosmonaut now facing charges for an electronics giveaway that turned into mayhem. So who is cosmonaut and does h...

And right now 61 Million People on alert for extreme heat from new mexico to florida. Summer of the strike. Thousands of city workers in los angeles now join hollywood actors and writers on the picket lines. The disturbing brawl on the water front in montgomery, alabama. So many sharing the video. The shocking moment of attack when a dock worker was doing his job. How did it get so out of control . Four active warrants now out and what the montgomery mayor is now saying. Also this morning, could...