About this episode
News of a U.S.-China phase one trade deal continues to power a global rally as Wall Street hits fresh records and Asia shares scale 17-month highs. Boeing shares slide after the plane maker halts production of its troubled 737 Max model after U.S. regulators dash hopes of the plane returning to the skies this year. In currency news, sterling stumbles against the dollar on reports that the newly elected Johnson government will block moves to extend the Brexit transition beyond 2020, in a bid to accelerate an EU trade deal. And, following stress tests, the Bank of England gives all seven major UK lenders a clean bill of health, but tweaks the amount of capital lenders must hold in their coffers. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .