Asset for you. Futures are a bit softer. Down 0. 1 . The story in europe is a stronger euro. Alex on the short end of the curve, you continue to see the yield grinding higher. A big move. Dollar is a little softer. Gold also softer but crude on the rebound from right around the moving average. See what has happened in the last 24 hours. Snap is still trading. Up about 24 . The high was 41 from the offer price. We are now down here. What will it look like today . It will tell us about technical and momentum trading. The real story has to do with the fed. Janet yellen today at 1 00 p. M. All eyes on what she may say about march. You can see what the market is saying about march. The implied probability of a rate hike is now add 90 . Is now at 90 . What will be the word that signals march from janet yellen today . She does not have to prepare markets for march anymore. If she does not like the idea, she has to lean massively against it. If you want to take march off the table. There are v
Trading 30 minutes until the end of the wednesday session. Stocks rebounding from earlier losses when they were down for the six and second day, worst stretch since november. The sterling was lower ahead of the budget from chancellor Philip Hammond. Still down for the third day. Look at the yields creeping up across europe. Lets talk about adidas. Shares of to a new high today. 8. 9 higher. Biggest gain since november 2008. Raising is sales and earnings forecast through 2020. 2017 forecast ahead of analyst estimates. Business should rise between 20 to 22 through 2020. Raised their outlooks four times in the last year providing a springboard for the new chief executive who did the rain from herbert. Plans to over invest in the u. S. To catch up with nike. We were talking earlier about gold futures falling for a seventh consecutive day. Etf Fund Investors holding on to their goal. Money has been moving out to the etf as physical gold. It is the largest u. K. List. The prospect of higher
Im going to be interested in the contrast between Monetary Policy and the skinny budget. The first budget from the Trump Administration, it will be fascinating to see. Alix and dynamic scoring. Here is where we are stacked up. 2. 5 hours before the open in the u. S. Equities softer, s p futures off. 10year yield on the margin, the basis point down. 1 ascatching a bid, up 1. The pound recovers. Europound was down for a while and is now reversing. Im taking a look at where volatility is nowhere, up by just. 5 . Goldman sachs says buy copper and oil, market not listening. A 60 losing streak, the longest since november. Kicking off this big week for Central Banks, our guests. To me, the big question is 2018. It shows the possible rate hikes the markets are expecting. For 2018, we are just over to michael. What is it going to take for the fed to move that line . Its going to take more clarity on the fiscal front. An interesting disconnect is it being pulled up on fiscal but not expecting th
Ctas biggest show is in las vegas during the winter, but every spring the Association Sponsors a show where vendors and Technology Companies come to capitol hill to display their technology and electronics to policymakers. We spoke with some of the people at the show. Host and now joining us on the communicators is the chairman of the energy and Commerce Committee, congressman fred upton, republican of michigan. What are you doing down here at the cta show on the hill . Guest well, i was very sad that i had to miss the show in vegas this year, and thats always, you know, a prime deal. So this is a little event with lots of vendors to show us while were working, while were literally having votes some of the top things coming, changing in technology. Some of them not offered yet. As the former chairman of the auto caucus and as a ford owner, i wanted to see some of the upgrades that theyre doing in terms of mapping, music, phones, technology, directions, and they got it down. Host what d
Need to think about direct job creation particularly in some of the communities that have been so hard hit. We could go on for a long time. And we even have questioners waiting, but weve reached our witching hour, and were going to have to quit. I want to thank david and gordon and their absent colleague, david dorn, not only for being with us today but for really doing the kind of indepth work on these issues that needed badly to be done, for having enriched really the country and the worlds understanding of these issues and therefore helping pave the way for policy changes that will help preserve the benefits of globalization. Were all deeply in your debt. We thank you for being with us today. Jared, thanks to you for your comments and policy advice. Thanks to the audience for being here. Meeting adjourned. Thanks very much. Coming up, next a discussion on islamist terrorism in europe. After that a House Transportation Committee hearing on the rising cost of federal Disaster Response