that our financial correspondent in new york has a luis to horo jose markets are always sensitive to any announcements on the trade talks between the 2 sides how are they reacting so far. well still an idea announcement of don't you tire of speed seem to d.m. certainty of when eve to walk we glean the day u.s. and china will be resolved and precisely targets and their impact will wide i want of the main factors that are taking the toll on global growth that so far the u.s. consumer seems to be humbly and will deceive to asian but by posing duties on every chinese product i will enter the us up there september 1st consumption can end up feeling pressures these also these also feeds in a way into the narrative of the monetary policy announcement has picked up followed the right cuts increase with the investors looking forward to at least 2 more cuts before year end that's. also increase inflation putting defending a very delegate and awkward position even. tarrance increase in day in the next month read is interesting that this announcement came a day after the fed announced its intere

and let's go now to our financial correspondent in new york jose luis to horo was a good to see there so say everyone everyone's watching germany here why is everyone watching germany why are investors so interested in german fiscal policy. well stephen as you mention even germany implements any kind of a stimulus that may have a recession or an economy get sick nation at a time that investors are you hearing wall street see a growing financial vulnerability of german households and companies germany is the biggest economy in europe and even if the european central bank will probably implement a fresh set of the stimulus it's in fact may be limited sense we are already close to that effect of lower bound of monetary policy so the possibility of a push from a different school side makes it markets to believe that the current downturn in germany will not morph into a long lasting crisis actually it could also help all the european countries and let's not forget that the e.u. is a key partner of the u.s. actually the u.s. that we has exported goods with $170000000000.00 so far this year