Countrys Gross Domestic Product for the Second Quarter was 7 which was the target. And nasa Officials Say theyve received the first signal from their new horizons space probe after its fly by of pluto. Shinzo abe and his government have won crucial approval for a package of bills on National Security. Members of a special Lower House Committee of the diet have given their backing to the legislation. It would allow japan the right to collective selfdefense. The vote was a scene of chaos as opposition lawmakers shouted out in protest. Members of the Ruling Liberal Democratic Party and komeito voted in favor of the bills. They hold the majority on the committee. Opposition lawmakers have called the deliberations insufficient and said the bills dont have the publics support. The committees approval clears the way for the legislation to go before a full session of the lower house for a vote. Coalition members are aiming for passage on thursday. The bills would then be sent to the upper cham
We still have some markets closed overseas. Volume was down 20 versus its 10 day average. Within the s p, energy was the biggest laggard, off by just 1 2 of 1 . You had Consumer Discretionary and materials leading in the winners category. General electric at its highest level since 2008. It was like a stealth rally. People were talking about it so much on Program Twitter that our social velocity index had an alert. I cannot find a reason for it. Tracy i did not see was there a reason for it . Alix a very interesting development. Tracy i wonder whats going on there. Jolly take a look at currencies . Shall we take a look at currencies . We did see the u. S. Dollar snapping a sixday rally, this again thanks to traders thinking about the potential or not potential for a fed Interest Rate rise. We saw some disappointing economic interest economic information today. ,ooking at the brazilian real that continues to rally. It is absolutely amazing. We had speculation that the president is getti
Here. Bucking the trend of ipos, look at ferrari. Those shares are trading on their first day of trading at the New York Stock Exchange. Luxury automaker also lining the outside of the exchange with all these different models. You can see whether the stock can hold on to these gains as we head into the close. Looks like the most expensive used car lot in the world outside on broad street today. Meanwhile, carl icahn is getting political. Hes launched a 150 million super pac with his own money. Well break down whats behind the billionaires move. And china versus mexico. Henry mcvey in a cnbc exclusive. Hell tell us what he found over there. Very, very instructive. You want to stay tuned. Lets start with this crazy story about valeant pharmaceuticals. Meg has this story about the huge decline. And finally the Company Coming back with a response of some kind. It has been a crazy day for valeant. Lets start by whats been going on. Today there have been some reports into relationships with
This week, investors will closely watch the quarterly results of major companies, India’s infrastructure output, bank loan growth, deposit growth, and the US Fed interest rate decision.
This week, investors will be focusing on the quarterly results of some major companies. Besides the F&O expiry, Bank Loan Growth data in India, along with GDP Growth Rate in the US are major market events that will keep the markets buzzing.