Steeper falls on this but this is still early doors with what is going on with the benchmarks. Certainly what we also have going on is the treasury market as well. Seen a bit of the paring of the gains we have seen. Yields moving slightly to the upside. 1. 71 or thereabouts on that. Looking at futures. Flat for the s p on the futures. Lending a little bit of support. Cnh pretty much on move, we could see a gradually could get weaker. The offshore yuan 7. 07. Looking at sterling, we have 1. 30. Ver we have continued polls coming out suggesting the conservative well, boris johnson, did with the majority after the december 12 election. Thats what we have at the moment. Lets go to new york and join su keenan. Su we start with President Trump who is done a you turn on nato switching 180 degrees from his criticism to claiming credit for strengthening the alliance. Trump was especially vocal on efense spendingspens complaining that washington bears the burden for your safety. He warns nato me
As temperatures continue to rise. So do the risks of hot car deaths this. It is bound to have under this heat distracted parents who accidentally leave their children in a hot car. Mississippi senator roger wicker knows families back home who have made this tragic mistake i had killed my son. Course we know more. Earlier this summer Miles Harrison told lawmakers how it happened to him harrisons newly adopted ta other chase died of heat stroke. After he forgot to drop the boy off at day care on a 90 degree day chase would have been a teenager today i still have not forgiven myself. And dont know if i have the capacity to do so wickers bill the hot cars act would require all new vehicles to alert parents when someone is still in the back seat after they turn off the car. The legislation failed 2 years ago, some manufacturers have since built in the technology. Others continue to resist it. Basically from the midwest all the way to the east coast get triple digits. Lawrence yeah its going
Last we checked. Markets are coming online at lake jakarta in the last hour. Taiwan, down one and a half percent. 19,000 on the hang seng index. It jakarta coming online as well and there is a lot to get through, everything from china, weakness across asia fx, 30 year bond option looking ahead to. The inflation print of the United States. What are you watching . Yvonne you talked about u. S. Inflation. It is interesting to see yields are lower on the back of yield options. Many were thinking this would be a selling week. It goes to show there is demand and it is looking solid overall. What fixed downgrade . It seems investors are overlooking that so even if we see in inflation overshooting if it is marginal maybe it wont change anything in terms of the bond rally. China is another discussion. Inflation, what does it mean for the world economy. Theyre going to be front and center to really engage where the consumer is. Rishaad growth in commerce revenue and we had four consecutive decli
Kriti good morning. Im dani burger in london and these are the stories that set your agenda. Asia stocks in u. S. Futures slide with disappointing earnings from metaat the tech giant warns of economic uncertainty. It sinks past 150 per dollar raising the risk of intervention. Banks are in focus this morning. Morgan stanley names their next ceo. Standard chartered drops on disappointing thirdquarter results. Bnp paribas earnings crossing this moment. We will break down the numbers and bring you interviews the cfos of both companies. We are live in athens where todays ecb Rate Decision is being made. President Christine Lagarde says the fight against inflation is not over yet. Third quarter net income for bnp paribas is a mess at 2. 6 6 billion euros in the estimate was for 2. 7 5 billion euros. Trading revenue is slightly lower. It is 1. 20 2 billion in the estimate was 1. 0 5 billion. Mostly it online but trading has been spotty across various banks. The cet1 ratio is 13. 4 , higher th
Off a little bit still at 1253. 5. We see oil continuing to rise. Nymex crude now trading at 90. 63 per barrel. That is putting pressure on the market. N in the strike story, getting you up to speed in auto stocks. Mix performance from ford, gm, and it still and tense with us to lantus and gm higher on the day and forward a little weaker. For those wondering why you might not see a sizable selloff in the names, the Analyst Community has been weighing in with the argument being that most people expected we will get would get to the deadline and ultimately have no deals. Because you are seeing a strategic approach or by the uaw, the damage in theory could be worse. We will find out what happens over the days ahead. We are watching weakness in the supply chain. The car stocks. The Auto Industry publicly traded version. Carvana and carmax are down today. They were up into the news. Advanced auto parts down it now. We will continue to watch all the names. If there are fewer vehicles coming