About this episode
A gesture of goodwill…Asian equities are in the green after President Trump decides to delay tariffs on $250bn of Chinese goods as the People’s Republic celebrates its 70th anniversary. Beijing responds in kind by waiving levies on several American products. But the real action is in Frankfurt, where Mario Draghi is expected to fire his big parting shot. The ECB is widely expect to cut the deposit rate, revive quantitative easing and add a number of other easing measures to offset the slowdown in the euro zone. The Hong Kong Exchange launches a $37bn takeover bid for the London Stock Exchange but political concerns could still derail it. The former CEO of the LSE tells CNBC that the proposal is an ‘aggressive move’ that will attract close scrutiny from shareholders. And we are live at the Opec+ meeting in Abu Dhabi where the group is meeting to discuss oversupply concerns following its cut to the 2019 oil demand outlook. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .