Negative rates in Germany, Chovanec on China hard landing
Bank of America notes that investor cash levels in the United States are “consistent with recession.” Further, the US Court of Appeals upheld the FCC’s net neutrality order. Ameera David has the details. Then RT Correspondent Harry Fear comes in from Paris, with a report on the sometimes violent protests against France’s proposed labor laws. Afterwards, Boom Bust’s Bianca Facchinei reports on why the EU envoy to Turkey resigned after a breakdown in relations with the Turkish government. And then, Ameera talks to RT correspondent Manuel Rapalo about the fact that the Orlando shooter worked for G4S, one of the world’s largest security firms, which provides security for 40 US embassies.
After the break, Ameera talks to Patrick Chovanec, Managing Director at Silvercrest Asset Management about China, Chinese trade and Chinese manufacturing. And in the Big Deal, Edward Harrison and Ameera discuss the German bond market now that 10-year yields are below zero.
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