Cash trade is less than 30 minutes away. I want everybody to know there are no circumstances in which i will ask brussels for a delay. We are leaving on the 31st of october. Matt scheduling difficulties. Chinese and american officials failed to agree on a day for their next meeting. Rebalancing the numbers. M s looks seter to drop out of the ftse 100 for the first time in years. Welcome to the european open. Less than a halfhour away from the start of cash trading. Im looking at the pound. This goes back to the beginning of 2017. I see the pound coming down, continuing to drop down to 120 01. Keep in mind, it has not closed below 120 for many years. Just didnt down below there. We are watching closely. Look at futures. Futures, wec, dax are looking at a mixed trade right now. Cac futures are marginally off. Decks futures fractionally higher. Dax futures fractionally higher. European futures looking better than a mixed asian session. Markets come back from the labor day holiday. A littl
Tumbling. And a new u. S. Cyber agency says priority number one, countering threats from china. How it plans to keep the tech supply chain safe. First, ramping up the trade war. Eared down onmp b china in a series of tweets, writing in part, the vast amounts of money made and stolen by china in the United States for decades will and must stop. Our American Companies are ordered to start looking for an alternative to china. For more i want to bring in sarah mcgregor, who has been following the back and forth. Talk to us about this new round of tariffs, soybeans, cars, oil. Who will be hit hardest if these go into effect, and how . The fact that china is retaliating when the Trump Administration announced these new tariffs, china said, we will respond. 75 billion worth of u. S. Imports isnt a huge number, but politically sensitive products, things like agriculture, cars, it hit some of those states where they produce these items where trump has his support base. Emily sarah hang on a mom
European markets, as you can see, have opened, and on the whole pretty flats. And how low can you go . Signals of rock bottom borrowing costs from top central bankers and Global Growth jitters. Its been a busy week in news. Well get the inside track from our friday editor. Today we want to know fortnites worlds cup, 30 million up for grabs, as a 15 year old brit reaches the final, are parents right to tell kids gaming is a waste of time . Let us know just use bbcbizlive. Hello and welcome to business live. We start with Online Retail giant amazon, because it has revealed another set of mind boggling sales figures. Ceo jeff bezos says efforts to make one day delivery the norm for prime customers are paying off, with accelerating sales growth. Shares have fallen, though, as investors were disappointed with how little profit amazon is making on all that business. Lets show you the details. Amazon made revenues ofjust over 63 billion in the three months to the end ofjune. That was up 20 on
Musk and ford, a rough road ahead for the automaker. Those shares head for a lower open today well tell you why all this earnings news plus an ecb meeting. The European Central bank expected to lay out the ground work for policy easing down the road and this could put more pressure on fed chair Jerome Powell to do the same. Its thursday, july 25th Worldwide Exchange on cnbc begins right now good morning welcome to Worldwide Exchange. Im dominic chu in for Brian Sullivan the dow looks to be hovering around flat at the open. We would open up around 24 points for the dow if these futures gains hold into the start of regular cash trading. The nasdaq and the s p 500 coming off alltime intraday record highs and closes. The dow is less than a percentage point away from joining that alltime high club as well. On the bond market side of things, were watching yields as we do every morning here a tick lower tenyear note yields moving to 2. 3 thats a sharp move to the down side the twoyear note yi
Ahead of testimony. Will he provide a clue as to the Central Banks path after july . Forecasts net inflows in the first half despite an overall loss of 14 million francs. Scherzer called hire at the start of european trading. U. K. Mps backup plan to prevent a no deal brexit but Gordon Johnson refuses to rule out suspending parliament in a debate with jeremy hunt. Welcome to the European Market open. Session inkluster the asian markets, range bound on many markets waiting for Jerome Powell. It looks like we will be range bound at the start of the trading day in europe. Here came futures pointing flat with a slight downward bias. A few interesting corporate stories and global stories that might be expressed through european equities. This is the gmm function on the bloomberg on the asian session. It flags any outsized moves based on standard deviations. Weve got some markets to the upside in asia but the overall move in the asian market is pretty balanced. In a Holding Pattern in Global