If enacted, it would focus on tech that connects vehicles to the outside world, such as bluetooth, as well as driverless systems. There is currently minimal use of chinese or russian made software in american cars, but Commerce Secretary Gina raimondo said the plans would reduce the chances of us drivers having their personal data stolen. Chinese officials said the concept of National Security was being broadened to unfairly target chinese firms. The proposed ban is part of a much broader struggle between the us and china, the worlds two biggest economies, Overthe Technologies of the future. Boeing has offered Factory Workers a 30 Pay Rise over four years, as it tries to end a strike which has shut down its Manufacturing Facilities in the us pacific northwest. The Plane Maker also offered to reinstate a Performance Bonus and improve Retirement Benefits if workers accept the offer by friday. The strike, which began earlier this month, involves over 30,000 workers in portland and seattle
An estimate of expansion. About 1. 3 . Switching out the boards and having a look at the other asset classes, which are in the mix at the moment. The u. S. Election, according to a survey, sending the dollar in opposite pumps. If donald trump wins, we could see a stronger dollar. If joe biden wins, the reverse. Also wests going on with the also was going on with the yen. Against the backdrop of a slightly better industrial read out of japan. Opposed to. 8 . Al, despite coming back, has 36 a barrel handle. Oil is set for its worst month since march. It is down to coronavirus demand fears hitting things. Bring livee want to pictures from vietnam, where mike pompeo is meeting with the vietnamese deputy Prime Minister hanoi. Counterpart in this is part of his tour in asia. Some have called it an empty china tour of asia. Thats happening right now. Both are expected to exchange ideas. Up relations with the two countries. Vietnam had been boosting its import of u. S. Products. Mike pompeo wr
You can see individual markets and you can see how we are seeing most of these north asian performers here. Hong kong is up about. 6 . We just heard from carrie lam who said the social distancing measures may be on for a while in the city. Jakarta coming on pretty strong. We are counting down to that rba Rate Decision and the budget announcement. Super tuesday in australia. We take a look at the yield curve as well. That will be the story here. A massive steepening overnight. Take a look at the two and the 10. As well as the 30 year. That yield reached the highest since june as we continue to price in this blue sweep. Powell the fed chair jay speaking later on. We will watch the aussie 10 year. 89 business points for the aussie tenure. The dollar also selling off on expectations of more fiscal stimulus. You do have the aussie as well. That has been gaining ahead of that dual announcement coming through. Heading closer to 6. 7. Haslinda we want to show off u. S. Live pictures. Mike pomp
Session here. We are seeing korean stocks up, some 4 . This has certainly been a shift in the risk on sentiment we are seeing. The concerns over the waves are being brushed aside. Across assetsg here. When it comes to your bond, we are seeing yield ticking higher. 73 basis points for your u. S. Tenyear. We saw a rise but it is petering off. Did selloff overnight. Take a look at currencies, the dollar dropped will be the key story here. That is living these markets here today. As aen has been steady rock here. Despite the volatility we have seen. That should give some breathing room for the boj. Perhaps they are likely to sit tight when it comes to policy levers but look for hints on what they do with the Corporate Funding program. Youre seeing that dollar is really trickling through here. The taiwanese dollar is blaring green here today. We are up a third of 1 . The korean won strengthening. 7 . Mmb is unchanged. There has been a sense that the feds have the markets back. Letting the C
This is bloomberg surveillance. Im Francine Lacqua here in london. These are your markets. Global chief economist. A lot of the focus is on the next, the mastercard trade war. A lot of the focus is on data executive vice chair on out. We see pound. Diversity and her thoughts on we are of course watching that because we are one month exactly the apple card gender bias issue. From the early election, this is bloomberg. December 12, and the u. K. After the brexit party said they will not expand conservative seats. 1. 93. 0 year yield at coming up, we will be speaking to musabbeh al kaabi, the chairman of Mubadala Petroleum at 9 30 a. M. U. K. Time. That is manus cranny bringing that live. Lets kick off the show with the latest from hong kong. Rn that the city is on the brink of total breakdown as protesters rocked the citys financial district to a standstill. The chaos follows a flareup in violence after the first fatality linked to the protests. Is it different from yesterday . Is the mo