Expected to move to trial, the phase one china trade deal expected to be signed at the white house this morning top trump economic adviser larry kudlow joins us first cnbc this hour. And financials are in focus, bank of america beats for the quarter, goldman hampered by litigation charges target shares are plunging. Holiday sales miss on estimates on weakness and toys and electronics. The u. S. china phase one trade deal said to be signed this morning this is what secretary mnuchin said about the agreement earlier this morning on squawk. We need to put together very significant laws to change rules and regulations and made strong commitments to our companies there will not be forced Technology Going forward thats a big win for our technology companies, businesses and American Workers we look forward to learning more in the wake of this signing. Jim, mnuchins appearance this morning brought us something new, the notion of phase 2a, phase 2b, phase 2c, so stories evolving rapidly i think
A vital gas pipeline with russia says washington is meddling in its national players. And as the uns 1st ever global refugee for wraps up we report from one of the key transit points for african migrants heading to europe this is where migrants are being hidden by smugglers who brinson across the Sahara Desert to be on the matter in safety after the smuggler has enough of them for one transport and then the dangerous and sometimes deadly journey begins well go to niger where despite times of borders migrants continue to risk their lives in the desert. Im called aspen welcome to the Program Later today u. S. Lawmakers will take an historic vote on whether to impeach President Donald Trump the democratic controlled house of representatives is expect. That to back the move that would make him just the 3rd president in 240 years to be impeached within trigger a trial in the senate on whether or not to remove trump from Office Thousands of demonstrators have rallied across the country in su
Mediterranean 21 in kabul and a fairly clear cloudy skies now across the Arabian Peninsula weve got temperatures had generally in the mid thirtys and again things beginning to fill best limited levels have been coming down steadily so fatal change monday into tuesday. In moscow 5 in doha and then we had down into Southern Africa a dry couple of days ahead into madagascar also mozambique dry as we go through monday maybe just a few showers we dont let fall south coast of south africa but staying dry in cape town at 20 celsius durban a bit of an unsettled flow for the next couple days so the chances of showers cooler choose day and. At 32. On the legacy of south africas a. N. C. Made quality all of these what is the power how does the old take us how a liability and how perceptions have changed of this former Liberation Movement turned government you think is appropriate for a man who went to prison for defrauding volman corruption to run your partys work on corruption the hosam goes hea
Breakthrough with the u. S. You dont get security by praying for it. You must invest, you must do what is necessary. And the europeans need to take the necessary action. The United States has, in my view, shot itself in the foot by withdrawing. Matt welcome to bloomberg surveillance. Lets check in on the markets right now. Here in europe, we see drops across the board. Not as steep as they were at the , but you can still see the stoxx 600 is down. 3 . And some of the individual or regional indexes are down further. The dax, for example, down. 6 . Down, as yous are would expect, with a big drop in netflix in overnight trading. Netflix said u. S. Users actually shrunk, shocking the market. Dragging on and adding to an already bad earnings picture. The u. S. Dollar is down. 1193. 55 and other currencies, especially the yen, are getting momentum. Coming up, we speak to the chief officer of a lecture looks electrolux. There are a slew of earnings coming out and it is moving the needle. Lets
Wednesday, forgive me, before the july 4th break. And the dow, nasdaq and s p 500 all in uncharted territory, still close to record highs despite looking down in the futures. President trumps salute to america speech from last night praising unity and american ideals, freedom and democracy. Thats what this country is all about but dont tell that to the left. They say trump got too political, shouldnt have taken the stage at all on Independence Day. Also, the largest earthquake in 20 years hitting california on july 4th. Buildings shaken, houses burning, highways cracking. But according to reports, no fatalities. We will have a live report for you later in the show. Varney company starting right now. Today we come together as one nation with this very special salute to america. We celebrate our history, our people and the heroes who proudly defend our flag, the brave men and women of the United States military. God bless all those people in the military. That was President Trump at the