Churning in from rise around the world. International my names you know our top story north korean negotiators have arrived in sweden to resume talks with the u. S. It comes just a few days after pyongyang said it had successfully tested a new seal on in a move that caused the alarm in western capitals. The secretary had a call with japanese minister defense kono where they discussed north korea they both agree that the north korea tests are unnecessarily provocative and do not set the stage for diplomacy in that north korea should cease these tests north korea seems its missile is capable of being launched from a submarine which would represent a major advancement of its weapons capabilities some analysts are calling it the most significant test since that country entered into dialogue with washington in 20. Well just a few hours after the hurt the u. S. Carried out i did so in launch it fired an Intercontinental Ballistic Missile over the pacific saying the test was for National Secu
Cheryl and the crazy reasons that americans are canceling dinner reservations, plus, who are the best and biggest tippers. It is thursday, september 12th and fbn a. M. Starts right now. When the lights go down in the city. And the sun shines on the bay. I want to be there in my city. Cheryl beautiful shot of the city on this thursday morning welcome to fbn a. M. Good morning. Im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving. Wwe didsee a pop in the futurese u. S. And china seemed to dial down the trade rhetoric. The s p is up by 4 andahalf and nasdaq is up by 27. The dow is on track to have seven Straight Days of gains. Lauren lets take a look at the ecb decision day, the yield on the 10year treasury down 1 basis point. Cheryl watching oil, opec cut the demand forecast, a fourth weekly supply decline in this country, pressure on oil. Lauren the trump tariff delay boosting stocks across asia. Hong kong closed lower. South ko
We saw the ceo by out 10 million worth of shares. The 10 year yields at 148. The worst performer today in the s p 500, tyson foods is cutting its outlook as a meat processor. We are going to be speeding with nomad foods and its ceo. We are going to be talking about meat substitutes. About u. K. Talk assets that are on the move. Lets take a look at what is happening with sterling. Being 120 yesterday on the cable rate, we have related to 122. In market starts to price the possibility that a no deal b rexit is off the table. We have seen a significant move in the gilt market. Bonds generally are on the move. Decent side move decent size move under the bond market. We are seeing a decent move to the upside when it comes to equities. Stark contrast to what we saw yesterday. There is the other bond market move we are seeing in your. The german tenyear moving five basis point. A massive move to the downside yesterday. Bouncing back today. Very different session today. Vonnie exactly. We are
Yesterday. Today. Lls not deterred keep an eye on the bank stocks. We saw them significantly higher yesterday, getting a little bit about bid today despite a lot of the expectations for additional fed rate cuts. Definitely a big factor in what we are seeing in the markets on the u. S. Side. Guy thank you. Front and center in europe today, stoxx 600 up. The banks execs is up. Theres a whole lot of factors. We have seen the ecb and the market with another trove being kicked out. Extra liquidity going into the Banking Sector of the ecb. The takeup was not as big as anticipated. Yet the general rate policy story that is a factor as well. All of that contributing to a big bout of european banks, peripherally particularly peripheral banks. The other story is Credit Suisse will be charging rick clients to have a bank account, rich client staff a bank account, basically. More stories coming out of the gulf. Romaine were going to begin with our big story, the Federal Reserve divided. Policymake
Long wetlands on china, is starting to look like its biggest handicap. Going global. We hear exclusively as the Company Lands a worldwide expansion drive. Look atts have a quick how markets closed. 500 closing near session highs. Every sector was in the green. Communication and tech stocks leading the gains. The nasdaq was higher by 1. 3 while the dow gained 270 points. We had more positive sentiment when it came to trade both in the u. S. China front but also in the u. S. Japan front. President trump opened the door for a potential sit down with the iranian president. Thin. S were u. S. Futures at the moment not doing much. Lets see how we are setting up asia. Selena nursing mark green across the board. We are thinking we stocks trading almost at. 8 . Whipsawed by being the backandforth escalations of the trade war. There are fears of a global recession on the rise and rising protectionism in the calendar. Investors seem somewhat the ebullient again. Oil futures with changing rhetoric