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Largest economy in europe for 2019. There are more concerns about the global trade deals than there was yesterday. You can see european stocks pretty much flat. The dollar pretty much a steady. We are getting some data out of germany shortly. We also speak to the dallas fed president , Robert Kaplan at 3 30 p. M. London time. Lets get straight to the bloomberg first word news. Now, u. S. Story for tariffs on china staying put. The Trump Administration is likely to keep them in place until after the president ial election. Any relief is also contingent on compliance. Steven mnuchin and says tariffs wont be removed until the next stage of a trade deal. These tariffs will stay in place until there is a phase two. If the president gets a phase two quickly, he will consider relieving tariffs as part of a phase two. It has nothing to do with the election or anything else. Toda ....
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Says valenzuela was speeding and suspected of dui. When she lost control at the intersection of desert inn and theme crashing into the barrier. I am glad that he tried his best to save them now a connection between strangers. And comfort to a family in pain , marti glaser 13 action news we continue to follow breaking news with Hurricane Matthew right now is heading toward the bahamas after making landfall in cuba eastern cuba was hammered with high winds, heavy rains and surge flooding. Hurricane and Tropical Storm warnings are now in effect for floridas east coast. From ft. Lauderdale to miami. And the threat for the southeast coast could be growing. So far seven deaths have been reported. In haiti and the dominican republic, we know alot of you have family lets check in with. 13 first alert. Chief meteorologist. Bryan scofield. Whose tracking matthews every move. Bryan. ....
Going to be up at the open. It would appear at least judging from the futures. European markets have had more or less reasonably decent day. Good, love to see it again. Thanks everybody. Thats going to be a constant now. You see the one outlier is the ftse 100 in the uk. 10year note yield and crude oil, crude was a story yesterday going down, 10year note yield around 1. 5 and now crude up a bit but did seem to take the market down a bit yesterday. As it weakened in the session. Alibaba reporting its earnings this morning and they did top estimates. Overall revenues were up 59 year over year. Gross merchandise volume jumped 24 . Joe tsai is the executive vice chairman of alibaba and he joins us now from hong kong. Its always nice to have you, joe. Theres a long delay, i should let our viewers know. I will talk and then you talk. Not sure were going to be able to talk back and forth as much as we might want to. Let me start with this, joe. Of course a very strong quarter. You did report ....