I am will fred frost. And i am sara eisen lets get to the Global Market picture on friday, essentially margts were flat end, dow s p as a whole, down around 1 . The dow was up half percent, s p flat as far as sector performance, tech the worst, down a for the week as a whole on friday itself energy was the sector that outperformed up a percent as all prices rebound toward the back end of the week have a look at what futures are doing, higher by 74 points gains in europe and asia at the moment more on those in a moment. British pound for you this morning holding just above the flat line, up about a quarter percent. 128. 04 brexit negotiations begin to take place also because of a developing story out of london. We will come back to markets in a moment a man drove a van into a crowd near a mosque in london. Reporter good morning. Unfortunately this is an all too familiar sight in central london, fourth attack in the uk in less than four months what we know is shortly after midnight, a man driving a sizable white van swerved off the road onto pavement aiming at a number of pedestrians. One man pronounced dead on the scene, police arent sure it is a direct consequence of the attack, another 8 injured and taken to hospital, two seriously injured were told by the police as far as were aware, couple mosques close to here. All were members of the Muslim Community. The understanding is this is a terrorist incident, these people were specifically targeted by the 48yearold man taken into custody. We have no further specifics about his identity we have been told by metropolitan police he is undergoing Mental Health assessment once thats finished, he will be handed to Police Custody in terms of political reaction in the uk, following a series of incidents in recent months, we heard from theresa may, chairing a security meeting this morning. Her main political opponent, jeremy corbyn, this is his local constituency we heard how shocked he was at the incident we understand later today will be joining some of the local Muslim Community at prayers not far from where i am. To slightly switch focus specifically from developments overnight, we have brexit talks starting today and over the weekend it has been a tough time for the Prime Minister being criticized for reaction to the Grenfell Tower fire last week. How much pressure is the Prime Minister under at the moment reporter huge amount we heard from back bench conservative mps the last few days, they have been briefing, criticism of theresa may david davis, brexit secretary currently in brussels about to go face to face with head of eu representation when it comes to brexit negotiations and faced a huge amount of criticism from people across the political spectrum, local people in northwest london where that horrific fire was last week, not turning up quickly enough to talk to local people havent seen a televised statement this morning one majs once she finishes that security meeting, we will see her talking to the press thanks so much. To the markets we go a look at how stocks fair in europe in early trade monday a strong start for european stocks german dax up 1 keep an eye on france cac. Cheering after macrons new Political Force winning comprehensive majority in parliamentary elections, and investors like what they have to see there. Ftse 100 as brexit talks begin, thats up sixtenths percent and the uk referendum vote, saw that up 17 in the uk. Italian stocks higher just fractionally on the day. Turn attention to asia Interesting Data out of japan. Weaker exports than initially expected japanese nikkei with that disappointing number, closing higher higher in hong kong and china. They will decide whether to include china shares a big thing. Shanghai composite up seventenths percent theyll stay flat around 2. 1, 2. 2 last week, despite a rate hike oil prices for you which did rebound friday allowing the Energy Sector to outperform slipping again a third this morning. 44. 6 price of wti dollar for you, pretty much flat for the week as a whole. Little Dollar Strength to talk about against the yen. Exactly flat against euro, the pound had been flat itself gold prices to round things off, soft week, down 1. 2 last week, today down a third percent friday was the worst performing day of 2017. As we were telling you, almost one year since britains voted to leave the European Union. Today formal talks begin the brexit secretary david davis will meet with eu chief negotiator in brussels to kickoff the process, must be completed march, 2019. Discussions come less than two weeks after theresa may and lost the majority clearly a big week for the uk. A very good week, start of a big 18 months opposed to expecting anything specific out of negotiations this week. The most important thing is both sides intending to set the tone in positive light to try to regain each others trust. I dont think theyll iron out the final details this week. Key take away from what did the uk election mean for this, the most important point still 80 voted for carries to carry out brexit labor between this and macrons comment, he would still take them back, thats not the case brexit expected to happen. And debate between soft and hard brexit, get a pound rally if brexit is softer philip hammond, seen less hard on brexit than theresa may making it clear if we carry out brexit, that means leaving Single Market and customs union. It is like a pound rally and softer brexit doesnt make sense. Either way, they start today talks must be finished by march, 2019. Other news from europe, the french president his party scoring a victory in second round of parliamentary elections. Despite low turnout, he has a majority, around 360 seats restoring the countrys influence in europe. The real losers as in the president ial election, the socialist party, outgoing government crushed, holding on to only 44 previous 284 seats. The center Left Political Party in france has been decimated by macron now to politics in the u. S president trumps American Technology council will hold its first meeting at the white house today. Attendees expected to include Senior Executives from firms including apple, facebook and google, but no official list has been released. The council was established by the president last month, will focus on modernizing Government Technology and increasing Cyber Security measures. Paris air show taking flight heavy hitters in Aerospace Industries are talking deals and the latest technology. Phil bow is live exclusive interview. Good morning to you. Reporter good morning. Very busy day in paris on the defense side as well with commercial aircraft. Who better to talk about that than the ceo of rockwell collins, not only big with defense, well talk about that in a bit but on the commercial side you finished the be acquisition. How is that going as you bring them into the rockwell family . Going really well closed middle of april be is Market Leader we have the full gamut of capability to offer airline customers. Do you see slow down in demand for commercial aircraft not really. Air traffic is very strong seeing stronger demand for narrow other than wide bodies, theres a replacement cycle in wide bodies as well. We feel confident long term ai traffic growth is there, markets are strong. So much is about interior, cabin of the plane connectivity is a big part of what you push these days youre on the cusp of the next generation as far as connectivity, correct . Thats correct. We acquired a Company Called air rank three years ago to provide that base capability were installing Broadband Systems on aircraft that will provide much better quality of Service Offering to airline customers. You heard from people who said it is great they offered this, but quality is not there when does that start to change it is starting now, were about 25 through the market we have 75 left to go we provide a more broadband system which will improve service to passengers. Shift to the defense side f35 flying here, you have the helmet pilots used in the f35 on the defense side, you were mentioning this is a busy show for you, isnt it. It is defense business is improving, particularly u. S. Government business so were very busy with new opportunities. I feel good about our positions in the defense market. How much is payback for sequestration. I think a lot is payback foresee questions trags. That was detrimental to readiness. Seeing a lot of money put back into buckets of capability that bodies well for the company. Trump Budget Proposal when it comes to defense spending, how much do you ultimately see going through. Do we get everything he is zg for, look and say we will get a fair amount, not everything. You never get everything you ask for. I suspect there will be negotiation. We think we can see low to mid Single Digits growth in defense budgets. Guys, i heard this from everybody from kelly to other ceos of defense contractors, more meetings than ever before defense in demand and seeing that in paris. Back to you. Great stuff we look forward to ongoing coverage through the day lots of exclusive interviews to come. Still ahead on Worldwide Exchange. Live in cannes, battle for ad space is brutal. Who is competing, whats at stake. Stay tuned back in a couple of minutes. Anyone can dream. Making it a reality is the hard part. Northrop grumman command and control systems always let you see the complete picture. And were looking for a few dreamers to join us. Thithis is the new new york. E . Think again. We are building new airports all across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new University Partnerships to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov good morning welcome to Worldwide Exchange. Up to speed on the market picture. U. S. Futures taking a lead from asian and european trade which is positive. Decent moves infutures market, particularly from nasdaq, up 0. 7 and the s p and dow higher by a third to 1 . Dow was higher by a half percent, s p flat as a whole look at Oil Prices Energy was the best performing sector friday. Oil prices bounced back a half percent for the week as a whole, energy did underperform oil prices down 2. 5 have recovered in the last hour. We were down last hour flat now that stability also encouraging equity markets the cannes advertising festival under way in the south of france, the worlds most powerful brands and biggest agencies trying to figure out where to put their ad dollars. Julia abnorm Julia Boorstin is there with the big moves. Reporter good morning to you. Tens of thousands of ad executives will walk this beach as digital ad platforms try to lure more ad dollars facebook and google not only dominate digital ad market, they dominate the beach as you can see from branded beach ka ban as, challenges are in focus, google yesterday saying doing more to combat extremist contact. And reassuring brand safety from the two giants there were issues around measurement, then right behind that in beginning of this year we had all this noise and it is real noise about brand safety. I think those are really the underlying issues that are facing marketers how do you address those issues. The most prominent brand visually is snap with giant ferris wheel looming over the beach. As snap chat grows to fight ad dollars. Pinterest, with interactive kiosks, the visual search here making a splash on the beach, oracle and ibm, putting Ai Technology in the spotlight. They offered tools to help brands better measure who is seeing their ads, what kind of impact theyre having. This as brands across the world are pushing to understand their return on investment guys, back to you. Julia, this is the first time snap has been there as a publicly listed company, lots of focus on their share price as it dipped below 17 is this a make or break week are we going to see share price moves off the back of it if they announce certain deals reporter well, they announced news a week ago. We dont expect any big news from snap out of here. Whats been interesting, will, talking to snap content partners and advertisers. They seem pretty happy with the relationship, happy with return on investment as they put brand and content on the platform. The question really that i am hearing from brands and advertisers is whether facebook and instagram will have ability to crush snap as they copy some of the most popular features i dont think we see big news but definitely conversation about snap. Looks lovely. I am sure coverage will match through the day. Still to come here on Worldwide Exchange. Youve heard about singles day the biggest competitor in china broke a major sales record of its own. That story coming up. First, todays National Weather forecast from bill karins good morning to you the big story is storms through the northeast and heat wave in the west 60 million at risk, including big cities on i95 biggest threat is high winds with thunderstorms as they roll through. A lot of lightning, could get flash flooding out of that how about the heat ridge in the west, some areas seeing the hottest temperatures in nearly 20 years because of a huge heat dome, continues through the midd middle of the week until it breaks next weekend. 118 in phoenix cooler in the great lakes. Theres storms in the midatlantic later today tomorrow we jump to 120 in the valley of thsue n. Thats Business Travel forecast. More Worldwide Exchange when we come back just imagine if all the machines at work were constantly thinking. Always on the lookout for patterns and connections to make everything work better. I call it the internet of everything, but its really the internet of everyday life. The partnership between Dell Technologies and sap helps make the promise of the internet of things a reality for our customers. We know how powerful live data can be. We use sap at dell to run everything from finance to procurement to travel expenses. And thats the same kind of live insight we can now start offering to all of our customers. And as we get better information, better insights, it can improve virtually every aspect of society and the economy. Thats the opportunity of our generation. The next industrial revolution. Thats why Dell Technologies runs live with sap. Welcome back to Worldwide Exchange. Some stocks to watch shares of british online super market ocado up. Theyre a takeover target for amazon this morning, framed by some analysts as making ocado more attractive as a takeover amazon up 7 in european trade. In other ecommerce news, jd. Com had a sale over the weekend, a record setting event. Good morning reporter thanks so much, will fred. I am surrounded by toys, diapers, home appliances, everything you would see in the house are here at this jd delivery center. This is just one out of 6900 delivery stations across the country that jd has. In this one alone 10,000 packages are going to be shipped out today. Thats because over the weekend sunday was the culmination of jds summer sales event. This is an event similar to singles day is a big shopping bonanza. It marks the First Anniversary and is a day they give customers steep discounts. The company said that they have had record sales from this event. They said over the 18 day period, they saw 17. 6 billion of goods sold across their sites. I spoke with the founder, he told me what Consumers Want today from china is quality. Consumers buy high quality bands. Chinese they would like to buy high quality goods. Today these goods are being delivered by their 70,000 delivery people. Someday soon, hopes that drones are doing much of this delivery. As you know, amazon has been hot about drones but mired in red tape because of washington here in china, jd has been moving fast. They already have 40 real routes being carried out by drones. And their drones can carry things as much as 66 pounds, even working on one to carry one ton of goods what would you say how this helps jd. Com compete wi with alibaba. It helps them compete, theyre eyeing new consumers, especially in rural areas. To reach those people, you need to get over different types of land mass. Theyre talking about carrying lots of different products over to people who will soon have their own spending power now to sports. Winning the u. S. Open, he finished 16 under par, securing his first major championship the 27yearold took home 2. 2 million, largest single day earning in golf. Congratulations to him. Still to come. Round up of the top stories and Global Market. Live at the Paris Air Show where roacbiggest players in the aespe industry are gathered. Stay tuned all done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. Brexit front and center, kicking off a new trading week straight ahead. Deal making goes sky high. Were live at the Paris Air Show where theyre gathered today. Destinys children beyonce and jayz welcome twins and the internet goes wild top stories coming up. Youre watching Worldwide Exchange on cnbc. Good morning very warm welcome to Worldwide Exchange on cnbc. I have to imagine, thats one of your favorite songs of course it is in there, maybe in the top five lets check in, futures at this hour pointing higher nasdaq 0. 7 . The other two shy of a half percent gain. 77 points on the dow nasdaq higher by 40 points comes off a week where nasdaq did underperform, down a percent last week where the dow was higher by a half percent we are getting strong gains in premarket, because there are gains around the rest of the world. Asian trade looking good nikkei down a half percent . Bouncing back today over a percent of gains for hong kong and across the asian region. Gains in european trade of particular focus around 1 higher in french cac macron has a majority. The central Left Socialist Party getting decimated as it did in the president ial result. Gains around the world in the futures market. As for broader markets, check the price of oil which has been under pressure as of late we are flat at the moment. I will point out, prices for both benchmarks are down 14 since late may. Look at the ten year note. Hasnt been moving since the fed hiked Interest Rates by 25 basis points last week you see that at 2. 14 . This week, big data to keep an eye on, housing data home prices out later this week. Taking a look at the dollar which performed better friday, up a half percent against a basket of currencies higher against the yen at 110. The Pound Holding against the green back gold, interesting to see what gold does today. We did see gold trade lower friday by 1. 7 worst daily performance for 2017 second negative weekly performance. Today once again under pressure. Following a developing story, a van plowed into a group of pedestrians outside a mosque injuring ten people. Happened as worshippers were leaving evening prayers. Metropolitan police say the driver of the van taken into custody and treating it as potential act of terrorism more details when we get them. Brexit talks between the uk and European Union set to begin today. David davis will meet with chief negotiator in brussels later this morning the uk set to leave the eu by spring of 2019. Turning to todays agenda on wall street, we get q 1 current account figures tomorrow, followed by existing home sales wednesday and new home sales friday there are notable names reporting this week. Adobe systems and fedex out tomorrow oracle wednesday and bed, bath and beyond thursday. Wonder woman topping the box office as new animated film moves into first place thats been a big story for us i want to get back to the markets. It will be interesting to see as earnings season comes to an end, big focus has been on Profit Growth will that be enough to sustain markets to the up side, especially after we have seen recent weakness in the nasdaq. Big names under pressure. The encouraging thing in terms of that, when we have seen a big tech selloff, hasnt driven down the other markets and has been rather temporary. Nasdaq was down last week, but is rebounding today. Switching focus to Aerospace IndustryParis Air Show taking flight, annual gathering of executives from all of the major aircraft makers and suppliers from defense spending to innovation to m and a activities. We have an inside look at the health of the industry phil lebeau joins us hi, phil reporter hi, very busy morning in paris lets rundown key points on the commercial side and defense side on the commercial side, solid but not spectacular orders announced today. Frankly, thats what the industry wants theyre not looking for huge orders we saw a few years ago. Boeing announcing several orders for the 737 line within the last hour on the defense side, thats where all of the action is now heavy action for defense contractors. Theyre all talking about theyve never been busier before, in part because of increased defense spending in the u. S. And hot spots around the world. On the commercial side, International Air traffic is growing. Thats one reason why for commercial airplane makers like boeing and airbus, look at shares of boeing, they are announcing 737 max10. Heres the ceo talking about demand on the commercial side right now. We are continuing to see strong demand. Updated the current market outlook. Next 20 years, need for new airplanes, seeing lift there percentage wise, what kind of change about 5, 6 increase. Also seeing passenger traffic growth, year to date, 8 growth, more than historical average of 5 to 6 . Overall, demand looks solid. Reporter on the defense side, look at shares of Lockheed Martin it is negotiating new sale of f35 as it continues to tout that fighter jet that will be flying later this afternoon inparis. Had a chance to talk with the ceo about what theyre seeing overall in terms of interest from potential clients on the defense side of the business we are absolutely busier. We looked at what our meetings are, theyre up by large significant magnitude. We expect to have great interactions all day and throughout the week. We are just Getting Started in paris in the next couple hours, hear from ceo of United Technologies and in charge of commercial airplane side of airbus, which is having a big presence at the show this year further talk about demand that theyre noticing for narrow body aircraft, wide bodies tend to get a lot of headlines narrow body, thats where the orders are coming today. Back to you. Very interested by comments from the boeing ceo. 8 passenger growth which i think he was saying driven by International Air traffic growth yeah. Does that not play in as much as it could do into u. S. Airline stocks, theyre doing well domestically, internationally not as much market share reporter sure. Absolutely plays into the u. S. Airlines and what were seeing with those stocks and with those companies. When you look at the International Air traffic growth, that is far exceeding what people were planning a few years ago, and whether youre a u. S. Carrier, european carrier, asian carrier, demand is out there. Youre looking at them look at them introduce new routes between city pairs you wouldnt have expected in the past, whether in the united states, europe, or u. S. To asia, that will continue to grow thats why youre seeing stretch versions of like 737 max theyre in demand, they want greater range, more capacity i think what were noticing now is far greater growth than people expected a couple years ago. Great stuff look forward to ongoing coverage from paris through the day. Phil lebeau for us. Time for top trending stories. The twins have arrived beyonce and jayz welcoming their highly haepd twins this weekend. Sources say beyonce gave birth in l. A gender of the babies yet to be confirmed. Grandpa confirming news on twitter reading theyre here, happy birthday to the twins. Congratulations to them look forward to knowing the names as well. Yes not been revealed no. We look for that. Great day for them. Indian airline giving its youngest customer the ultimate birthday gift. Awarding a lifetime travel pass to a baby born on one of the flights. The boy born on route from saudi arabia to southwest india is the first baby to be born in flight aboard a jet Airways Plane hope he makes the most of it thats a great gift. Travel the world. So much you can do with that. Lets get more on the big weekend at the box office. Landon dowdy joins us. Cars 3 racing to the top spot at the box office over the weekend. According to comscore, it raked in 53 million domestically. The lowest debut for cars series the franchise is a money making machine, with merchandise generating more than 10 billion worldwide since the first release. Warner brothers, wonder woman taking in 47 million over the weekend. The movie showing super hero staying power with ticket sales following a mere 30 tom cruise in fourth with 14 million in the second weekend. Back to you. Thank you so much coming up, why it could pay to be in the big banks. As we head out, another check of futures pointing higher following lead of asian and european trade, around 0. 6 gains for the nasdaq back in a few minutes. What . We gotta go. Where . San francisco. When . Friday. We gotta go. [ tires screech ] any airline. Any hotel. Any time. Go where you want, when you want with no blackout dates. [ muffled music coming from club. Blue monday by new order. Cheers. ] how does it feel the travel rewards credit card from bank of america. Its travel, better connected. Welcome back to Worldwide Exchange. We have a big interview later today on cnbc. Goldman, sachs lloyd blankfein, thats at 6 00 p. M. Eastern on mad money. We will certainly be watching that. Time for must read stories big banks poised to step up payouts to shareholders. It is their take on the week ahead for banks and particular focus on stress test results which come out wednesday then later next week, see core, a little more important. The big take away, could get confirmation and reminder that improving regulatory outlook for banks, even if donald trump and his administration dont deliver further deregulation the tests themselves not being influenced by the new administration yet, banks thought to be better prepared if they do pass and get to pay out more, it will reignite investors realization that regulatory pendulum is coming back into banks favors, whether or not he manages to deliver more of it we have already seen the rotation in the past week out of tech and into financial, a lot coming down to deregulation of policies four ways google will help tackle extremism google general counsel kent walker writing we have invested in systems that use content based signals to help identify new videos for removal and developed partnership with expert groups, counter extremism and other Tech Companies i thought this was timely given that today trump meets with his American Technology council which includes executives from apple, google, facebook, among others, combatting extremism likely to be a topic absolutely. After recent London Bridge attack, that was something that theresa may mentioned in terms of Internet Companies doing more coming up, setting up for the trading day ahead. Stick around more Worldwide Exchange. Es to, looking from a fresh perspective can make all the difference. Blam will fred often reveals a better path forward. At wells fargo, its our expertise in finding this kind of insight that has lead us to become one of the largest investment and Wealth Management firms in the country. Discover how we can help find your unlock. You give us comfort. And we give you bare feet. I love you, couch. Backsweat and gordos everything. I love you, but sometimes you stink. New febreze fabric refresher with odorclear technology. Cleans away odors like never before. Because the things you love the most can stink. And plug in febreze to keep your whole room fresh for up. To 45 days. Breathe happy with new febreze. Exchange. Get up to speed with Market Action check on currency at this hour not Much Movement in terms of the dollar, slightly higher against the yen, slightly weaker against the pound. Approaching top of the hour. Team getting ready for squawk box. Becky quick has more good morning. How are you . Doing well. Getting ready to make your way here going to get through the final ten minutes, then hopping in the car. Jump in the car and run here. One of the big things we have coming up on squawk box, wilf joining us as guest host, as cohost for the hour we have two guest hosts, one is mark brant, joins us in 12 minutes. Talking about an hour about everything in the markets, showing how equity futures are shaping up and then at 7 00 a. M. , a second guest host sitting down with us, senator david perdue Mitch Mcconnell said he could be pulling a vote early as this week, wants a vote before july 4 on health care we have the senator to talk and senator john bore os oh who happens to be a doctor get their thoughts on whats happening with health care and what to expect from tax reform beyond that. Then commerce secretary wilbur ross and uk secretary for trade. I am looking forward to that. We have Energy Secretary rick perry, rick haze, joining us from Paris Air Show. We have a lot of things coming up an embarrassment of riches and looking forward to seeing you. Cant wait to get there squawk box starts in about ten minutes time. Back to markets here on Worldwide Exchange. Joining us, chief u. S. Economist at more began stanley. Good morning to you. Good morning. First thing to round off comments last week from the fed, which has been framed as a hike. With a little more hawkishness than expected. Is that how you would frame it as well . I think the hawkishness that investors were hearing, janet yellen didnt sound worried about this, seemed to gloss over it, not make too much of it, it is noisy, sounded like were going to motor ahead i think it is perfectly appropriate for her to take that stance pretty sure weakness is transitory with inflation. Pretty sure we get a few more months before core inflation sets up. Makes september a hard sell for rate hike. We agree the fed is in good position to kickoff Balance Sheet adjustment with announcement of that september meeting. Why is that a meaningful move in u. S. Tenure if thats the case ironically enough, investors have been pricing in that the fed starts Balance Sheet action. Mitch nodel, head of global trading, in my conversations with him, investors built that into the tenure. If the fed didnt kickoff Balance Sheet adjustments in september, the tenure might move lower. In fact, it is priced to markets. Thats whats probably more alarming it is balance sheelt adjustment without movement in the tenure. When do you expect the tenure to end, does that change your interpretation of what theyre doing . Are they trying to rush through hikes and Balance Sheet reduction in case she leaves in case the next chair goes another direction . I put it as this. Would chair yell enlove this to be her legacy, first to get Global Central Bank off and is she the first one to start the full back on the massive Balance Sheet. Would she love that to be her legacy, yes. Will she force the issue, absolutely not they have done the leg work, done due diligence, communicated early. Looks like they can have a successful start to it by being very gradual, making it expected i think regardless whether janet yellen is renominated or not, shes giving a gift to her succe successor, running in the background auto pilot and the successor doesnt have to worry about that how is data elsewhere stacking up . This week focus on Housing Market than other areas. I think that the data is never uniformly positive and in some parts can surprise to the up side and some to the down side. On net, focus on data is poor. Q 2 gdp is tracking around 3 . Does that mean we are 3 economy, no. That counts a big rebound from weak growth first quarter, will settle back into 2 economy. Nothing has changed. We have no fiscal stimulus, personal Income Growth slowing in the u. S. , moving later into the cycle. And more slack coming out of labor market fed should do more nothing fundamentally changed. I think we got ahead of ourselves because we moved into now the ninth year of expansion, june marks that. People are naturally just always scared of their own shadow expansion can end tomorrow. Inject markets into this discussion we are higher in premarket, but it was a tough week for u. S. Equities last week does that have to do with the fed decision or more to the story . I think the big rotation everyone is talking about, strategist thinks there could be more to go, but he would be a buyer here, and also that it is not the he can quit market getting worried, like the bond market, we are at the end of the cycle. Financial conditions are still loose, Interest Rates are low. Thats not a backdrop to tell you as investor to get worried. How encouraging is Global Growth picture at the moment for the u. S. Specifically, clearly helping european markets but does it make a big difference back here . I think this is the biggest market change for the u. S. Outlook, global trade started to turn upward last summer, not a trump effect, has nothing to do with the election. International conditions removed from the statement as concern. Even international hawks or watchers like governor braynard said International Picture is relatively benign. I think that goes very far in the fed having confidence in u. S. Outlook to continue to remove policy combination. The biggest risk . The biggest risk, if i look toward end of the year, other Global Central Banks talk about pulling back on the pedal. A lot has to go right. Theres a risk that the communication is well. To round it off interms of the dollar, talked about improving picture around the rest of the world which is a factor can a dollar remain as weak as it has been n the last couple months havent seen much reaction as an economist, look at Interest Rate differential fed continues to remove accommodation as other Central Banks are, that should keep upward pressure on the dollar. Hans ret kerr will talk your ear off about global flows it may be difficult for the dollar to turn back into this extraordinary bull rally if we see this environment where rates continue to rise, what does it mean for ian . It is lime a Real Estate Market in the Real Estate Market the Interest Rate increases had been on a slow bleed, a lot thanks for joining us lovely to see you. Quick check of the Global Market pictures as we head to end of the show. Futures pointing high around 0. 6 for nasdaq, having declined last week. Taking a lead from asian and european markets which are nicely higher as well. Thats it for Worldwide Exchange. Thank you very much for joining us squawk box comes next. Its what busch is known for. What are you known for . Oversharing. In fact, i have this thing. Nope. Nope. [sfx buschhhhh] tha. Oh, burnton gravy . Ie. Gotta rinse that. Nope. No way. Nada. Really . Dish issues . Throw it all in. New cascade platinum powers through. Even burnton gravy. Nice. Cascade. Good morning it is not over yet, talking about this move, markets on the rise he can quit futures point to a higher future. Full market rundown ahead. Tech ceos gather at the white house for first meeting of American Technology council. We will tell you who is expected to attend. Aviation executives are in france for the Paris Air Show. Ceo of airbus talks new orders and Competition First on cnbc. Monday, june 19th, 2017. Squawk box begins right now. Come and get your love come and get your love. Guardians of the galaxy, we like this song good morning, welcome to squawk box on cnbc we are live from Nasdaq Market side in times square becky quick with joe kerr anyone, andrew off today guest host is mark grant, chief strategist at Hilltop Securities great to see you. Great to see you, becky. Thank you for being here. My pleasure. A lot to come up. Lets quickly look at u. S. He can quit futures theyre higher this morning. Dow futures up by 70 points. S p 7. 5, overnight in asia markets were mixed take a look. The nikkei up by sixtenths, hang seng up