Today, extraordinarily low volatility. Basically, a market that means nowhere and seems to be unchanged every day. Amanda it is inching higher. The s p 500 hit that intraday record. Scarlet maybe hitting is not the right word. Inching up. Amanda playing around with. Huge tech week. Amazon, apple that. Which had a rather good week, was a weight on the market. Basically flat to slightly sold off. A little profit taking. There is hewlettpackard, though. Report today, report only, that kkr and carlisle are considering a run at hp and that has the stock shooting higher. Speculative move up. We have no confirmation of that but the market is interested in the rumor. Joe lets take a quick look at u. S. Government bonds. Lower across the curve today. One of those days were equities rise and bonds and treasuries rise as well. Kind of the story for a while that we see equities and treasuries doing the same thing on the same day. Scarlet in terms of currency, we are focusing on the dollar this wee
Headquarters. I am francine lacqua. We have a great and busy lineup of earnings and we speak to the cfos of brochure and captain me. We speak to the ceo of eula. Lets speak to lets get to bloomberg first word news with caroline hyde. Caroline Hillary Clinton has been nominated as the first woman to run for president of a Major Political party. It happened after Bernie Sanders to the microphone to ask that is former rival be unanimously named the nominee. Madam chair, i moved that the convention suspend the procedural rules. I moved that all votes cast by delegates be reflected in the official record, and i move that Hillary Clinton be selecting as the nominee of the Democratic Party for president of the United States. Shares jumped in extended trading. That is after the companys lowercost iphone see gained more traction with users. The tech giant forecast sales which fell for a third consecutive quarter. It was better than most analysts estimated. The two bank says its Second Quarter p
A broadening verizon. Yahoos long fight for survive comes to an end. This episode of sportscenter is presented by verizon. Is said to be offering 4. 8 billion for the assets. Carol massar take it caroline hyde, take it away. Ericsson shown door after 28 fantastic years. The shareholders went out. The c. E. O. Is shown the door. Futures up and ready to go. We are seeing currently flat outlook. Not a single move when you are looking at the futures. Cat 40 down by. 1 . A little bit of profit taking. Remember the b. O. J. This week and the Federal Reserve as well. Check on the assets. Asian stocks have been trading. We have seen the asiapacific up, clinging on to gains by. 1 despite the slump about we have seen in nintendo. Scales of opportunity are limited when it comes to the exuberance surrounding pokemon go. So much hope for stimulus coming from the bank of japan. Gold as you see currently down. 4 . Lastly, oil up by. 3 . That is what we see, the pick up in riggs making the numbers sen
Im francine lacqua. Lets get to the markets. But we are getting a little bit of data. This is a picture from eurozone manufacturing for july. The survey was 51. 9. We got plus 52. This is the picture for today. You can see banks on the backside of those stress tests a little bit lower. I wanted to show you yen went up. 34. To four european stocks gaining a touch. Lets get straight to bloomberg first word news with nejra cehic. Nejra data on chinese manufacturing in july has left analysts scratching their head. Both gauges little significant this year in chinas important manufacturing sector. Ber will emerge with didi that is according to people familiar. They say the new company will be valued at 35 billion. Business loans and u. K. Are set to shrink to the lowest in more than a decade since weaker economic prospects are following the brexit total will thet and a number markets have recovered from the shock of brexit. In managing director said strange and said the eu and the backlash t
Companies later in the program. A warm welcome to countdown. , the yen onthe boj a merry dance this morning. Yen strength, up more than 2 . Here are the charts of the currency markets verdict of what the boj announced this morning. Yen strengthening following the announcement. Thesions culminating in buying of more etfs, dollar lending, but no change in the bond buying program. Some disappointment about the extent to which of the boj was prepared to act. Ify say they will do more needed, but say they will review policies today. Fixed income markets, 10 year , the biggestsing since 2013. Lets get to some breaking news. Inbev, out of ab organic Revenue Growth 4 . The estimate was 5. 8 . Volumes down, 1. 7 . The estimate was 1 . Those numbers look to be light in terms of the expectations. Adjusted organic growth also disappointing. They are talking about the sab miller deal, still see that closing in 2016. Because of the declining popularity of some of their brands, they have been pursuin