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Production capacity of chinas immense. The logistics capability of chinas superb and its hard to replicate that anywhere in the world. Nejra and her lagarde enter lagarde. The german deputy finance minister tells us there should be progress on a Banking Union by december. Think its a question whether we will have something definitively agreed in the next two or three weeks. I think the key thing is that there will be progress soon. We aim to see first results in december. Nejra new pickup line. Entice newooks to buyers as he unveils a cyber truck in los angeles. We are live from the event. Manus a warm welcome to beijing. We are wrapping up a couple of days of great conversation. For me, the defining moment was Henry Kissinger when he sat on that stage yesterday and said we are on the foothills of a new cold war. If things are left unchecked, this could be as bad as world war ....
These are your markets. A bit of a move sideways for the europe stoxx 600. Mix the data across the world and mixed corporate earnings. If you look at the banking sector, it is one of the biggest gainers. We have a german manufacturing orders and Euro Area Services pmi for the month of october. Better than expected. Anything above 50 means expansion and we were expecting 51. 8. So look out for any movement on eurodollar and the u. S. 10 year yield. Coming up, we speak to the president of south africa. Come alk about s escom at a possible ratings downgrade. But first, lets get to bloomberg first word news. We begin with the impeachment inquiry for President Trump. The actions of Rudy Giuliani deeply unsettled to ukraine, outlining a quid quo pro. This is in exchange for investigating joe bidens son. Julienior ambassado ....
Lets put it this way. It will be challenging and it will be rocky. Meaning there are contrasting orces. A very warm welcome everybody todaybreak europe. Im anna edwards. Im matt miller here in berlin. Back in berlin after a week in frankfurt. D in speak about v. W. But for the moment lets start with equity markets and investors need to be protected against drop in equity markets. There was a Strong Performance yesterday in the u. S. All three major stock indexes closed at record highs in the United States yesterday. This is important. Have you taken out protection against a sharp fall in markets . The number of investors taking protection increased the most in 14 months. In early september, around the time we saw the north Korea Nuclear tests. The most powerful nuclear test wes have seen from north korea. Hat has focus ....
Instrument in the tool belt. The protests in bangkok gathered steam as demonstrators defined new security laws and surround key government limits in a bid to top trillion government. A boost for investors, the spanish oilmaker strikes a deal with argentina over a price for the stake in ybs in 2012. And shipping into gear, crisis as it intend toss lift shares on the New York Stock Exchanges. The automakers ipo plans will likely be delayed until sometime next year. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Announcer youre watching hello Worldwide Exchange bringing on todays show, were joined sclus you Business News from around ively by the the glo ....
Federation tells cnbc we expect sales to hit the groups. 9 forecast. Good morning, everyone. Well, if you celebrated christmas, hope you had a fantastic break. For me, usually these breaks are way too short. Let me tell you how u. S. Futures are shaping up this morning. Were looking mixed as far as the dow, the nasdaq and the s p 500 are concerned. The dow hit another record high in yesterdays trading session. It was up for the sixth straight session and hitting record highs on a nominal basis for the sixth day in a row, as well. The s p 500 also ending at another record high. The dow up about 0. 75 and the s p 500 rising around 0. 5 . Remember, jobless claims falling by more than expected yesterday at a onemonth low. We have a rally in retail related stocks after we got a data about the Retail Shopping season. That was better than speexpecte. I want to show you how european markets are doing this morning. They are back online af ....