Countdown. I am anna edwards. Manus breaking news, let us take it off with statoil, the Norwegian Energy giant. The market was looking for profit of 294 million. That is considerably less, the understatement at the start of the reporting day. Adjusted earnings at 913 million, that was after 1. 3 billion Capital Expenditures cut, adjusted net loss at 28 million. The estimate was for a net of 294 million. They are holding on to their output guidance. However, they have cut down to 12 billion, the first of a feast, as it were, a breaking news. We will have the ceo, eldar saetre. Anna let us get on to another corporate breaking numbers, that is santander. The bank of course based in spain, but operates globally, they have given us a net profit in lineillion euros, with the estimate of 2. 8 5 billion euros. They say they have a goal of raising Dividend Per Share in 2016. A business that has a number of headaches, eliminating around 1400 jobs in spain just this year. Low Interest Rate enviro
We are getting a headline from it is a of japan and significant number because it is double yesterdays amount. We are seeing bank of england and bank of japan. Are we seeing the limit of what they can do . Tom i am kind of amazed. Francine, it is the most interesting day and then we go into the jobs report tomorrow. Everybody will recalibrate. Theve one item that shows central bank dysfunction that you talk about. Francine if we compare, which i know we will do. Mark carney on the speech june 30 was very careful. Lets get to the bloomberg first word news. Taylor sticking with Central Banks, economists predict the bank of england over deuce the benchmark rate to a record low. Mark carney surprised investors by keeping rates unchanged and they signaled they would cut this month. The central bank will publish the first full assessment of what the brexit vote means for the economy. In london, one person was killed and others injured in a knife attack. Police are looking into whether terror
Happy friday and welcome to World Wide Exchange on cnbc. Im sara eisen along with my friend don chi todwhich yo chu wilfred. Together we will lead our party back to the white house, and we will lead our country back to safety, prosperity, and peace. We will be a country of generosity and warmth, but we will also be a country of law and order. We will discuss his speech, ivankas speech, in just a moment. First lets checks on the global marlinskets this morning we mentioned the dow breaking that nineday winning streak. Still not off from record highs. Indicating a modestly higher start for wall street futures. Dough futures up 33. Nasdaq futures up 11. 5. As for the 10year treasury note yield we saw yields come down just a bit in the selloff. It was a reversal of what we had been seeing in the past two weeks or so. Yields are stable at 1. 56. The money has poured into stocks instead. We are still near record highs despite that nineday winning streak. Were taking some of those queues from
Jobs . May and april payroll was revised downward. The june unemployment rises average earnings rise. 1. The biggest month on month. It is very muted considering how much bonds have rallied, considering how the expectations have been completely bled out of the market. This didnt really change the picture yet. I think it will restart the talk, but the burden of proof is really high. This looks like a pretty choppy environment now. That said earlier this morning before the number came out. You said 230 might get us back into a conversation that might be live again, right . Obviously we have two more jobs it has to be ratified by the rest of the economic markets. The fact that the treasure market is basically shrugging its shoulder might tell you the burden of proof is even hire. 147,000, i think those that were worried that may was an anomaly and janet suggested that it was. They got their proof that it was. Not only the snap back from the verizon, a lot in the services seconder, hospita
Today . Speech therapy, trying to deal with the mutiny that was coming as a result of Bernie Sanders supporters who did not want to give in. After a storm calls for unity is the headline in the philadelphia inquirer. As the night went on it looked like the bernie supporters had finally calmed down. You heard john harwood report earlier about how Sarah Silverman told them they were being, quote, ridiculous. And that seems to have helped. Lets see what happens tonight with the big headliner. Former president bill clinton, historically hes always a crowd pleaser. But, guys, he has run into trouble with the black lives matter protests as hes been on the campaign trail a couple of times. But you can assume this is probably going to be a pretty friendly crowd tonight. Lets get over to brian and tyler back at cnbc headquarters. All right, michelle, thank you very much. So a ton in the Business World going on as well. Your power lunch menu seems very appropriate today because mcdonalds is the