--- title: "Thursday, June 6: Five Things You Need to Know to Start Your Day" description: "Boeing is in talks for a megadeal that the trade war could derail. Asia equity futures are mixed after a U.S. stock advance. And the Trump administration readies a $2 billion Taiwan arms package. Here are some of the things people in markets are talking about today." type: "NewsArticle" publisher: "Daily Maverick" site: "https://www.dailymaverick.co.za" section: "Business Maverick" author: "Bloomberg" author_url: "https://www.dailymaverick.co.za/author/bloomberg/" canonical_url: "https://www.dailymaverick.co.za/article/2019-06-06-thursday-june-6-five-things-you-need-to-know-to-start-your-day/" published: "2019-06-06T03:12:51" lang: "en-ZA" word_count: 371 --- # Thursday, June 6: Five Things You Need to Know to Start Your Day > Boeing is in talks for a megadeal that the trade war could derail. Asia equity futures are mixed after a U.S. stock advance. And the Trump administration readies a $2 billion Taiwan arms package. Here are some of the things people in markets are talking about today. By Bloomberg · Published 6 June 2019, 05:12 SAST ## Content ## Boeing Megadeal Boeing is negotiating one of its largest-ever orders of [wide-body jetliners](https://www.bloomberg.com/news/articles/2019-06-05/boeing-in-talks-for-china-megadeal-that-trade-war-could-derail?cmpid=BBD060519_OAS&utm_medium=email&utm_source=newsletter&utm_term=190605&utm_campaign=openasia) with Chinese airlines. Talks are for a 100-plane deal—including the 787 Dreamliner and 777X—potentially worth more than $30 billion before the usual discounts, people familiar said. The U.S.-China [trade war](https://www.bloomberg.com/news/articles/2019-06-05/tillerson-says-he-s-concerned-china-will-give-up-on-trade-talks?cmpid=BBD060519_OAS&utm_medium=email&utm_source=newsletter&utm_term=190605&utm_campaign=openasia) is a complication for both sides, with the carriers waiting for Beijing's guidance before proceeding. ## Mixed Markets Asian equity futures may open mixed, with Nikkei futures slightly up, while the Hang Seng may open down. U.S. [stocks climbed](https://mercury.bloomberg.com/news/PSN6H5SYF020) on optimism [Mexican tariffs](https://mercury.bloomberg.com/news/PSMQ9M6KLVR8)will be avoided. Treasuries rose as a weak private-jobs report bolstered bets the Fed will ease, outweighing solid service-industries figures. The spread between 2- and 10-year yields reached the widest since November. The dollar rose against all G-10 currencies except the kiwi. Oil entered a [bear market](https://www.bloomberg.com/news/articles/2019-06-04/oil-slides-as-rising-u-s-stockpiles-stoke-fears-of-supply-glut) after U.S. supplies jumped the most in almost 30 years. ## Taiwan Arms Sale The U.S. is preparing a $2 billion arms sale to Taiwan that will include the [American Army's best tank](https://mercury.bloomberg.com/news/PSN5JG6KLVRA), the M1A2, a person familiar said. The package also includes anti-aircraft and anti-armor weapons, but not [F-16 fighters](https://mercury.bloomberg.com/news/PORHGJ6TTDS2), which are still under review by the Pentagon and State Department. Beijing opposes all weapons deals with Taipei and will probably issue a public protest. ## Prayuth Keeps His Job Thai junta leader Prayuth Chan-Ocha won a parliamentary vote to return as [prime minister](https://www.bloomberg.com/news/articles/2019-06-05/thai-coup-chief-keeps-job-as-prime-minister-after-disputed-vote?cmpid=BBD060519_OAS&utm_medium=email&utm_source=newsletter&utm_term=190605&utm_campaign=openasia) following a disputed election in March, defeating the opposition's Thanathorn Juangroongruangkit. The [former army chief](https://www.bloomberg.com/news/articles/2019-03-20/song-writing-coup-chief-looks-to-keep-power-in-thailand-election?cmpid=BBD060519_OAS&utm_medium=email&utm_source=newsletter&utm_term=190605&utm_campaign=openasia) was backed by the majority of lawmakers in a joint vote of the elected lower chamber and military-appointed Senate. He’ll lead a coalition with a razor-thin majority against a vengeful opposition tired of being silenced. ## Trump Disputes Execution Report Trump said a North Korea official who was reported to have been executed [really wasn't](https://www.bloomberg.com/news/articles/2019-06-05/trump-disputes-report-that-north-korea-official-was-executed?cmpid=BBD060519_OAS&utm_medium=email&utm_source=newsletter&utm_term=190605&utm_campaign=openasia). The president took issue with a [Chosun Ilbo report](https://www.bloomberg.com/news/articles/2019-05-30/north-korea-envoy-executed-over-trump-kim-summit-chosun-reports?cmpid=BBD060519_OAS&utm_medium=email&utm_source=newsletter&utm_term=190605&utm_campaign=openasia) that Pyongyang killed its former top nuclear envoy to the U.S. and four other foreign ministry officials in March after a failed summit between Kim Jong Un and Trump. Kim Hyok Chol, who led working-level negotiations for the February summit in Hanoi between Trump and leader Kim Jong Un, is being investigated for his role in the failure to reach a deal, [CNN reported](https://www.bloomberg.com/news/articles/2019-06-04/north-korea-nuclear-envoy-reported-executed-is-alive-cnn-says?cmpid=BBD060519_OAS&utm_medium=email&utm_source=newsletter&utm_term=190605&utm_campaign=openasia) earlier.