Network Dagen Mcdowell as always, pwc partner and cfr Mitch Roschelle and lindsey bell maria markets this morning, quiet situation going do what could be fireworks in next 2 days, dow industrials down 71 points, nasdaq down 27, Federal Reserve jay powell testifying before the House Financial Services Committee Later this morning, markets are watching specifically to see if powells comments indicate signs of a future rate cut, a lot of people yesterday, Jon Hilsenrath said, well, if its not july, itll be september, lindsey, you have a lot of thoughts on this. Yeah from the testimony today and tomorrow, im not speaking anything new out of fed chairman, he will stick to the language that we heard in june that hes here to support the Economic Growth that weve seen so far, i dont think we will hear anything about the change of Monetary Policy or any type of rate cut, how much it will be if there is one to come, and the thing i think that the investors in the market are really going to look
U. S. Is threatening to pull one agreement with turkey to produce f. 35. 00 jets something that benefits Turkish Companies by after 12000000000. 00 with a struggling economy thats hard for unca to ignore while some fear possible u. S. Sanctions on the Turkish Defense industry could cost billions of dollars others believe the u. S. Is triggering the tension to stop turkey from buying the s. 400. 00 Missile System but the common concern is that if theres a crisis with washington it could cause a recession and force the only route to lose its value even further see memphis soul of aljazeera stumble were going to weather a tape here of the saudi arabia faces global outrage after sentencing a teenager to die for attending antigovernment protests plus. We have to trust our own judgment fast advice from astrologers or just a 2nd opinion its all in the stars well explore the cup the deep Cultural Roots of astrology in thailand. Ok the rains are making themselves felt in central and Southern Ch
Session. The French Market has been up 1. 3 for the week. Fresh alltime intraday high yesterday. Although there is softness on the dax, we are seeing fresh territory. As we get going this morning, we are seeing green moving on the board of the stoxx 600 and fresh alltime highs yesterday. We are looking for the levels to be breached today. Stateside, data is expected which is producer prices. The last seven, the market was questioning the theory of the deep disinflationary cycle. Just challenging the narrative on that perhaps thinking we may have sticky inflation. What we are reading the ppi prices is key. On the consumer, we will see how resilient main street is at this stage as we continue to see pressure on the household wallets. Retail sales will be important. We have a little bit of green on the boards. Up modestly at the sector level which suggests we are mostly positive. A couple of red arrows at the start. Basic resources down. 25 . Shuffling weaker with the banking names. Stand
Man, Brendan Clarke smith. Hes giving his full reaction to a calamitous day in politics. Another vote on rwanda in the commons. Is it rwanda or bust for rishi sunak . People. The vultures are circling. Our leadership challenges coming through 40 letters now apparently in of no confidence on rishi sunak and a 23 point poll deficit to the labour party, that poll dropped just about an hour and a quarter ago. Let us know what you think. Use your ways. Vaiews gbnews. Com. Should they just get rid of rishi sunak and try for a new leader, or is it just too late and the party needs to stand unhed . And the party needs to stand united . Let me know what your thoughts are. But first, its time for your latest news headunes time for your latest News Headlines with sofia wenzel. Headlines with sofia wenzel. Thanks, martin. Good afternoon. Its 3 02. Im sophia wenzler in the gb newsroom. Your wenzler in the gb newsroom. Your top story this hour. The government has started to identify which Illegal Mi
To get worse. You see security collapse and you we are returning to the house for votes on bills debated earlier. On House Resolution 1052, adoption of hous if ordered, ano suspend the rules and adopt House Resolution 1061, and House Resolution 3821. And pass h. R. 3821. The first electronic vote will be conducted as a 15minute vote. Pursuant to clause 9 of rule 20, remaining electronic votes will be ducted will be conducted as fiveminute votes. Pursuant to clause 8 of rule 20, the Unfinished Business is on ordering the previous question on h. R. 1052 on which the yeas and nays are ordered. The clerk will report the title of the resolution. The clerk House Resolution 1052, resolution providing for coverings the bill h. R. 2799 to make reforms to the Capital Markets of the United States and for other purposes and providing for consideration of the bill h. R. 7511 to require the secretary of Homeland Security to take intoliens who have been charged in the United States with theft and for