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(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. A U.S. demand that China spell out how it plans to reach as much as $50 billion in agricultural imports annually has become a sticking poi…
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The full D.C. Circuit voted 8-3 not to reconsider an earlier decision by a three-judge panel that ruled against the president. Trump’s lawyer says he will appeal to the Supreme Court.
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A prominent member of Iran’s powerful Guardian Council has told The Associated Press that the Islamic Republic should stop honoring all terms of the collapsing 2015 nuclear deal with world powers amid tensions with the United States. The comments by A…
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One person killed in Woodford County car crash – ABC 36 News WTVQ
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Brexit Party leader Nigel Farage on Thursday rejected demands to further help British Prime Minister Boris Johnson by pulling out of contests with the opposition Labour Party, saying his aim was to win enough parliamentary seats to hold Johnson to acco…
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Days to Brexit deadline: 78(Bloomberg) — Sign up here to get the Brexit Bulletin in your inbox every weekday.Today in Brexit: When the history of Brexit is written, expect a chapter on one unlikely factor: the great British winter.What’s happening? Wi…
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Turkish officials say two explosions at an ammunition depot in southeast Turkey have injured 16 military personnel and one civilian. Gov. Abdullah Erin of Sanliurfa province has told reporters that the explosions occurred late Wednesday at the command…
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Exclusive: Stephen Miller’s messages with then Breitbart writer Katie McHugh attempted to steer the website’s coverageStephen Miller, a senior adviser to Donald Trump, promoted racist fears in emails revealed by the Southern Poverty Law Center this wee…
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(Bloomberg Opinion) — “Technological sovereignty” is one of the European Union’s buzzwords of the moment, conjuring up an image of a safe and secure space for zettabytes of home-grown data, free from interference or capture by the U.S. and China.Both …
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(Bloomberg) — Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.The Conservatives are trying to put immigration at the center of their campaign on Thursday. Home Secretary Priti Patel published analysis — which Labour rej…
November 14, 2019Read More
(Bloomberg) — Want the lowdown on what’s moving European markets in your inbox every morning? Sign up here.Good morning. U.S-China talks hit another snag and economies are slowing due to trade tensions, but oil is bouncing back. Here’s what’s moving markets.SnagU.S.-China trade talks hit a snag over the agricultural purchases the pair have been negotiating, news that sent cyclical shares tumbling for a second day on renewed jitters about how the talks are going. Asian stocks dipped a little on this, along with Chinese data and worries about the situation in Hong Kong. Beyond those snags in the U.S.-China talks, U.S. President Donald Trump said he wants to strike a trade deal with Turkey and described Turkish President Recep Tayyip Erdogan, a pariah in Washington over his country’s military offensive into Syria, as a “good friend.”SlowdownIf one were looking for evidence of the impact those trade tensions are having, economic data from China and Japan lays it bare. China’s economy slowed further in October, with trade concerns and subdued domestic demand offsetting the piecemeal stimulus the government is pumping in to shore things up. Worryingly, economists say the slowdown there is yet to hit the bottom. Japan’s economy, meanwhile, slowed sharply in the third quarter with exports falling, all as its government considers the size of a stimulus package it intends to launch to counter the weakness.Bounce BackIt’s been a busy week for energy traders, what with Saudi Aramco’s initial public offering and the International Energy Agency’s views on when crude demand will peak spooking parts of the market, but oil is bouncing back. Crude futures are up for a second day after a report that the OPEC cartel sees a potential reduction in supply coming from non-OPEC members along with an “upswing” in the forecast for demand growth. This as the U.S. Energy Information Administration raised its forecast for crude output in 2020, even as the pioneers of the shale boom think production growth will slow.Election LandThe parties fighting the U.K.’s election continue on with what has been an uneasy campaign thus far. Conservative leader Boris Johnson faced flood-hit communities in northern England and said Brexit is holding back the country’s economy. The Liberal Democrats, who support remaining in the European Union, see an opportunity after the Brexit Party’s retreat from hundreds of seats. Social media pasts are haunting many of the candidates, the Netherlands is making a play to take London’s spot as the top restructuring hub and Brexit has cost the U.K. a Tesla factory. Just another day in Brexit election land.Coming Up…Investors will be digesting yesterday’s first day of public testimony in the impeachment probe into Trump. There are a large number of central bank officials speaking, beyond the Federal Reserve’s Jerome Powell testifying at a House Budget Committee meeting. Central bankers from the Fed, European Central Bank and Bank of Canada are all on the slate. Euro-area and German GDP data are due too and there will be an interest rate decision from Mexico later.What We’ve Been ReadingThis is what’s caught our eye over the past 24 hours. WeWork’s quarterly loss doubled as its IPO faltered. There’s a flaw in McDonald’s ordering kiosks. Mental health is still a “don’t ask, don’t tell” subject at work. A genetics company wants everyone to live to 99. Mongolia is a hotbed for road rage. Open-source code can survive the apocalypse. Travel hacks from the youngest person to visit every country.Like Bloomberg’s Five Things? Subscribe for unlimited access to trusted, data-based journalism in 120 countries around the world and gain expert analysis from exclusive daily newsletters, The Bloomberg Open and The Bloomberg Close.Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.To contact the author of this story: Sam Unsted in London at [email protected] contact the editor responsible for this story: Phil Serafino at [email protected] more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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