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We went to a bull steepener from a bear steepener. Time never global exchange. We bring you todays market moving news from all around the world. Joining us from hong kongs frombergs karen leigh, mumbai are bloomberg executive producer, and Michael Mckee is in washington. We want to kick it off in hong kong, where chief executive carrie lam invoked Emergency Powers and banned facemasks as protests continue. Not an easyis decision to legislate to ban the masks, but given the Current Situation in hong kong, this is a necessary decision. Alix karen leigh has more. Whats been the response . Not a g...

Investigation. His lawyer said that is not true. Haidi hello from sydney where it is past 8 00 a. M. This is daybreak australia. The first major markets open. Betty it is after 6 00 a. M. In hong kong. I have come all the way here. I am almost where you are. We are looking at all the action on wall street playing into the asiapacific trading day. All this week we are here in hong kong covering the u. S. And asian markets. Along with political stories we are tackling later in the hour including brexit and toshibas semiconductor unit, a huge corporate story. We want to get viewers caught up with...

These numbers are relatively weak but not too much worse than have been estimated, so we will keep looking at the data and bring you information and the reaction to it over the course of the session. We are seeing u. S. Stocks make their lows this session. As this risk aversion comes back into the market today. I wanted to look at how the major averages have been doing since the close of the vote on the thursday before the u. K. Vote, or before we learn the results. If you look at the s p 500 on june 23, we are off about one and a quarter percent. We came within a much smaller margin at one po...

The heels of that Disappointing Services report. Joe energy, utilities also in decline. Day. R a pretty solid we have that feeling when you are so high on the s p 500, you dont even need to do much to get a new hive. Im going to look at the market minutes for stocks and looking at some of the sectors in particular, one in the energy group. Despite oil being down recently, energy has held up fairly well. We are year to date up 15 and largely flat since the start of july where oil has had more volatility. Is veryor that important Going Forward is the financials group. We were looking at some wea...

In asia the shanghai composite closes lower after an erratic session that saw shares dip into direction territory. The french drug maker with one of the best performing stocks in europe with reports that pfizer is eyeing a takeover bid. You have a duty to change the face of fifa. These are the words of Sepp Sepp Blatter speaking ahead of a vote on his reelection as president. Italys numbers just hit the table. Growing 0. 3 from the First Quarter from the Fourth Quarter of 2014 confirming a preliminary estimate and also revised up to 0. 1 year over year. Taking a look at the euro a little highe...