The bill awaits signoff from the president. Akron turns up the heat. France threatens to veto a brexit deal if it does not like the terms, piling pressure on the e. U. Not to make further concessions. Welcome to the program, everybody. 7 00 in london. 8 00 in paris. Lets look at the futures. We are fairly flat on futures. The young stock x50 futures flat. Yesterday, we saw some decent gains for the ftse, up by more than 1 and that was a standout compared to the rest of europe which was more mixed. It was mixed in the u. S. Session as well. We did actually see a bit of a late rally in u. S. Equity trading, up to some of those new highs we were talking about in headlines. All of that in the context of the hopes and dreams around u. S. Stimulus. The concern about what can legitimately be done in the shortterm and a lot of hope around vaccines. Perhaps oncent day some parts of the equities space and a late rally in the u. S. Yesterday and we are now pausing. We are pausing somewhat here. W
Prime minister and finance minister. Health minister Kato Katsunobu will become chief cabinet secretary. Foreign minister Motegi Toshimitsu will stayay in that role. And former state minister for foreign affairs, kishi nobuo, will be defense minister. As for the countrys top job, Suga Yoshihide is widely expected to be elected Prime Minister on wednesday at an extraordinary session of the diet. The vote among lawmakers is virtually assured to name suga as successor to Prime Minister abe shinzo since a liberal democratic partyled coalition controls both houses. The political transition comes after abes surprise announcement last month that he would step down to deal with health issues. Suga won a commanding victory in mondays vote from the main ruling ldp leader for the main ruling ldp leader. Hes well known to japanese as the voice of their longngestserving government, acting as abes chchief cabinet secretary fofor more than seven years. Elected on a promise of stabilility, suga is vow
Budget set to be outlined in parliament today. Tesla takes the trade war in its own hands. Suing the u. S. Government and Robert Lighthizer over the tariffs over imports from china. A warm welcome lets kick off the show with fresh numbers out of germany the Business Climate for the eve owe since september has come in a touch light. Current conditions 89. 2 for spent versus 89. 5. So just a touch light of expectations in terms of the expectations component, came in at 97. 7 versus forecast of 98. Slightly weaker but generally similar to what was expected the august numbers have also been revised we have the Expectations Index at 97. 2. These september figures and the forward looking part of this index has come in at 97. 7 for the month of september as business morale rises. This comes after data yesterday. The pmi flash for september showing that manufacturing in germany continuing to improve. Services contracted. Dropping below the 50 Mark Services trends in the economy we are going to
Beijing praises the decision while President Trump says he is not a fan. A focusson says now on his cabinet lineup. And plans for structural reform. Are seeing a lot of investors sticking by the sidelines, a quiet session in the u. S. Overnight. Wall street hanging out to see what further guidance we get from the fed after their decision. A great chunk of investors will be waiting for more details as to the revamp inflation target. We are seeing futures trading flat. This after we saw u. S. Stocks rising. The s p seeing a Third Straight session of gains. For a change, we saw gains across tech, outweighing the decline we saw across financials. Treasury yields at the dollar end of the day, where they started. We are seeing the likes of the dollaryen holding steady, this as we look set to see the appointment of yoshida suda as the new japanese Prime Minister. As well as hearing more about whether we will see continuity across his cabinet appointments. We are watching at to see if another
When we treat everybody fairly. Equalen we truly have opportunities. This is not a zerosum game. David i am the fellow for trade and economics at the Baker Institute. Thealso a law professor at university of arizona. I am pleased to welcome all of you on behalf of the center for nd mexico at baker and at rice. This is the first of our five planned webinars on the ,mplementation of the usmca which Everybody Knows went into effect on july 1. Just a quick plug for the other events. September 24, investor settlement, or the lack of. In october, the usmca governing trade and auto parts. That sector accounts for 25 plus Percentage Points of total manufacturing trade within north america. In november come november, environmental provisions. In december, we will focus on the stakeholder issues. Those Companies Directly involved in importing and exporting across the north american borders, who are dealing with new enforcement provisions, a different kind of certificate of origin, and other chal