And china were really close to a deal and that has really pushed markets to new highs over the past couple of weeks and this also is adding to concerns after. New tariffs again freya the u. S. France argentina brazil and the days theres really a lot of a lot of concern and uncertainty about how u. S. Trade policy is going to play out over the next several months or its whats most was there for the markets Josie Delaney in frankfurt thank you. Lets go to hong kong now where chief executive carrie lim says u. S. Legislation supporting protesters may damage Business Confidence in the Financial Hub she said the u. S. Move to sign into law a hong kong human rights bill was quote unquote wholly unnecessary the former british colony is currently going through its 1st recession in a decade as riots continue to spook tourists retail sales are also collapsing lammas announce new aid measure to try and boost the citys economy the government has already pledged 2700000000. 00 to help the transport
A deal over the next couple of weeks just last week that said were in the final throes of an agreement so there had been a lot of optimism that the u. S. And china were really close to a deal and that had really pushed markets to new highs over the past couple of weeks and this also is adding to concerns after. New tariffs against france the u. S. France argentina brazil and the e. U. Yesterdays theres really a lot of a lot of concern and uncertainty about how u. S. Trade policy is going to play out over the next several months or its whats most was there for the markets Josie Delaney in frankfurt thank you. Lets go to hong kong now where chief executive carrie lim says u. S. Legislation supporting protesters may damage Business Confidence in the Financial Hub she said the u. S. Move to sign into law a hong kong human rights bill was quote unquote wholly unnecessary the former british colony is currently going through its 1st recession in a decade as rights continue to spook tourists r
And china were really close to a deal and that has really pushed markets to new highs over the past couple of weeks and this also is adding to concerns after. A new tariffs against france the u. S. France argentina brazil and the e. U. Yesterdays theres really a lot of a lot of concern and uncertainty about how u. S. Trade policy is going to play out over the next several months all roads with small tuesday for the markets Josie Delaney in frankfurt thank you. Lets go over to hong kong now where chief executive carrie lim says u. S. Legislation supporting protesters may damage Business Confidence in the Financial Hub she said the u. S. Move to sign into law a hong kong human rights bill was quote unquote wholly unnecessary the former british colony is currently going through its 1st recession in a decade as riots continue to tourists retail sales are also collapsing lammas announce new aid measure to try and boost the citys economy the government has already pledged 2700000000. 00 to h
Protesters withstood heavy rain in hong kong to march for an 11th straight weekend. Organizers say more than 1. 7 Million People took part across the city. The protests shut down major boulevards. Ekendsaken demonstrations were mostly peaceful. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im ritika gupta. This is bloomberg. David it is 1 00 in london, 1 00 in newon york, 6 00 in london, 1 00 a. M. In hong kong. From bloomberg World Headquarters in new york, here are the top stories from the bloomberg and around the world. All eyes on the bed. Fomc chair jay powell will kickoff the Kansas City Feds annual jackson hole Economic Policy symposium. Wall Street Apartments are not selling like hotcakes. We will tell you what is behind the slowdown. And its been a little more than a year since the sports world changed forever after the Supreme Court clear the way for states to legalize sports betting. W
[music] the World Trade Organization warning that restrictions on are at their secondhighest level potentially on record. Oecd also warning on u. S. China trade tensions. They have held a conversation, at least talks aout talks, ahead of potential president ial meeting on saturday. Theyre having those ahead of osaka. Meanwhile, we talked about how markets are drifting. Higher here for the asiapacific. Were still seeing optimism to that meeting between the u. S. And china and japan. Up about 1 10 of 1 . Not thaty story, interesting here with your u. S. Futures here. Were slightly higher here after we reached those record highs, came off a bit in the last couple of sessions. It is that dollar story that continues to weaken. Moment of truth as jeff said, when it came to the broke belowr we that average. We did see the dollar weaken thenst most, except for japanese yen. The wan, still the big beneficiary of this. Were talking about april highs for the currency here perhaps on ais trade opt