Appointed e. U. Commission chief has warned of challenging times ahead as she congratulated barres johnson attachable has all the European Reaction from powers. Well the main concern for many european leaders really is what world Boris Johnsons appointment mean for the briggss process Boris Johnson has made it very clear that he doesnt wish to shy away from a deal breaks it but a no deal breaks it is something that most european leaders have been saying all along for months and for years its something they would like to avoid they say that it doesnt serve the interests of any member state in the European Union and that it doesnt serve the interests of britain and theyve worked very hard to push away a no deal scenario so theyll be very worried about Boris Johnsons next move now weve heard from some key european figures the french presence a man on my call who congratulated Boris Johnson on his appointment as britains new Prime Minister he said he looked forward to working with not just
Yvonne this is after Boris Johnson seemed to double down on the fact that the eu, he will not start to brexit talks unless they reopened the previous deal they reached with theresa may. That santa the pound dropping like a rock, at 1. 21, as we mentioned. Whether the boj can actually whether the latest meeting, and tamp down expectations, the yen will strengthen and the dollar will wink it weaken if the fed does cut. Here,interesting to note we always talked about the average time to make a policy decision. The shorter time perhaps mean they will not make a decision. The longer, perhaps that means surprises. David 11 hours and 11 minutes from now, keep your eye on that. Flip the notes. Final word on the aussie dollar. Now on the longest using streak since 2014. Here is a big nothing burger for you. Nothing happening across the bond markets right now. Lets go over to su keenan. Reporter lets start with vietnam, which is being warned it must reduce the trade surplus with the u. S. This a
Going to be most interesting is how the stocks react and what was already built in or was this just kind of a big trade into big cap growth and were not really talking about the quarterly results. Its just a placeholder type investment or are we really banking on great numbers from the likes of facebook and the others . I mean, microsoft is really interesting. Flawless quarter, stocks getting a nice bump, but its not running away whats amazing to me is just how big these companies have become if you look at the numbers and the actual earnings, i like to look at the earnings,theyre not that great earnings from the Technology Group are down this quarter. Earnings from the Technology Group are down in the Third Quarter. The semiconductor has been generally bad with a few exceptions and yet people keep buying these stocks and they keeptelling me well, theres nothing else to buy in growth. Semiconductor index, the smh, weve talked about this before, 2 from historic highs horrible commentato
Hello and welcome to world news today. Iran has strongly rejected Us Accusations that it was behind attacks on two oil tankers in the gulf of oman calling the the claims unfounded and iranophobic. The tankers were hit by explosions in the busy shipping channel, the strait of hormuz on thursday. Now the us has released a video which it says shows Iranian Revolutionary guards removing an unexploded mine from one of the ships, and President Trump says hes convinced tehran is to blame. And a short while ago, the Uk Foreign Office issued a satement backing the us version of events, saying, no other state or non state actor could plausibly have been responsible. Our Diplomatic Correspondent James Landale has more. These are the pictures the us sees as proof of irans involvement in the attacks. Pictures showing what they say are Iranian Revolutionary guards removing an unexploded mine from the side of one of the two stricken oil tankers. The us also released a photograph which it says, shows
Giant as oil jumps today is this beaten down sector finally about to move up the Investment Committee is ready to go. The Halftime Report with scott wapner begins right now. Welcome our Investment Committee today, joe terranova, steve weis, john and Pete Najarian. Lets begin with the markets and that semi surge. The chips on pace to close above a key level. Their 50day moving average for the First Time Since early may still a long way to go to get back to the highs but, pete, if this is legit, it could be extremely positive for the overall market it sure could people were leaning on this. This is exactly why this particular name moving everybody else, micron, thats why it was beaten down as much as it was. You look at yearoveryear numbers, this is abysmal but they priced in the fact they werent looking year over year but for this quarter can they beat, and they did. They beat on earnings and on revenue by a little bit, not a lot. And you look at the company. We all talk about valuation