We have very weak inflation data. Euro is down versus the dollar. The pound is down versus the dollar. The dollar is strengthening and that will weigh on market sentiment. We had the biggest by germany today in at least six years. Increasing, it will be interesting how the market digests it. It comes back to this argument ultimatelyirus and you have to make a choice on that you position yourself to one of the other when it comes to the bond market. In, you kind of layer there are still trade war is happening whether it is exit or china brexit. Robert lighthizer has been speaking to the house ways and means committee. He addressed the deal between u. S. And china. It is a complicated relationship. It has gotten more complicated because of actions they have taken weaselly. Billionin place 370 worth of tariffs. I think it is a really good agreement for the u. S. And we expect it to be honored. Alix joining us for more is the National Foreign trade Council President and former Deputy Direc
Guy johnson in london. Lets get the first word news. China is on a mission to create an Aircraft Carriersized investment bank. They are opening up 45 trillion financial industry would also wants to beef up its own players to go toe to tell giants. At the moment chinas brokers dont have much of an international presence. Adding together the 131 brokers have about as many assets as Goldman Sachs by itself. Germany expects the nord stream 2 two gas pipeline to be delayed but it should be completed in the second half of next year. Costs are rising after sanctions u. S. Sanctions on the project. Of japan and south korea are holding their first formal meeting in 15 months amid a longstanding historical dispute that hit trade in the region. It also had a trilateral meeting between the three. Theyve reached International Cooperation on dealing with north korea. 2019 has been a good year for the superrich. Almostrichest man added 17 billion to his wealth this year. Over 11 billion. , bernard,nn
We just met with china. We are doing very well im meeting with the vice premier at the white house i think it is going really well. Sap shares surge. Coceo tells cnbc mcdermott believes now is time for change at the top other than thinking about handing over the reigns and going through transition in the beginning of the year, he felt now is the appropriate time to come out we had a great strong quarter. Hugo boss cuts its out look for the second time. Puwlicis is also at its lowest since july 2012. A warm welcome to street signs. Lets kick off with a fresh report from the iea. They have reduced their Oil Demand Estimates for 2019 and 2020 to 100,000 barrels to 1 Million Barrels a day and 1. 2 respectively they lowered these to reflect weaker demand. They also noted that demand for opec they see falling in 2020. Also comments on supply there. Nonopec supply led by iran, brazil and norway to rise to 2. 2 million. Interesting that they continue to see a ramp upcoming out of nonopec count
It comes following the developments over the weekend with the planned meeting President Trump canceled with taliban leaders at camp david and comes at a crucial time with regards to the president s middle eastern policies. Remember, Jason Greenblatt stepping away from the administration and the last week. The longawaited mideast peace plan also anticipated sometime before the end of the year. Mike pompeo also weighing his political future within the next 12 months. A rumored senatorial run potentially in his future. A lot of moving parts on the president s Foreign Policy and National Security advising team. John bolton was a controversial figure within the administration , particularly with regards to his hardline approach on iran. There were several differences in terms of how he had assembled a team, but he does have its allies within the administration. The bottom line, breaking news, President Trump announcing on twitter that he has accepted the resignation of john bolton, his Nati
A divorce and custody fight stretching into space. The astronaut accused of accessing her wifes Bank Accounts from the International Space station. What both sides are saying this morning. And behind the scenes. Our exclusives at the d23 expo. The big disney convention. I went the reveal from star wars actors. And the latest from the marvel universe. Youre the first deaf marvel character. And frozen. Will olaf find love . Ginger gets the answers from anaheim. Good morning, america. Sam champion will be here at t desk there. Were also happy to have Terrell Brown from our chicago station with us this morning. Thank you so much for coming. Good to be back with you. A lot going on this morning. Youre here on a very busy news morning. President trump is on the world stage right now, hes meeting with Global Leaders this morning over at the g7 summit in france. A lot of thorny issues on the table here including climate change, russia and the president s escalating trade war with china which h