Im looking at the downside of the euro when it comes to sterling, down by 2 . The tech selling down by. 2 . David it is time for the morning brief. Will, Emmanuel Macron deliver a speech. He will propose reforms to the eurozone. This afternoon, janet yellen will deliver remarks at the in abe meeting in cleveland. At 1 45, President Trump will hold a joint News Conference with Mariano Rivera at the white house rose garden. We expectl, those after 4 15 this afternoon people later, trump will be traveling to new york. There will be a part of this rollout of a tax reform package. Running us with more is marty schenker. Program. Ack to the i want to start with marty. The president has put his priority, texas. We have three tweets. They are about the nfl, the nfl in the nfl. How does that fit together . Marty it fits together with the message that trump wants to project to his base. He is going on the stump. We have north korea threatening war. We have an entire travel ban that is in place.
Carolina will vote against the next round of Hurricane Relief funds unless Congress Cuts spending to offset costs. It is unclear how many more members will agree but it could complicate the path for relief. Democrats immediately rejected the demand. The Islamic State has last one of its has lost one of its last stronghold in iraq. The fight against the terrorist group is now focused on a stretch of border with syria. Because honestly is desperately trying to hang on. Vladimir putin met with saudi arabias king salman. This is the first time that saudi leader has visited russia. Theyre working on an agreement to curb oil production. Global news 24 hours a day. Powered by more than 2,700 journalists and analysts in more than 120 countries. Crumpton, this is bloomberg. Julia live from bloomberg World Headquarters in new york, im julia chatterly. Scarlet i am scarlet fu. Joe and i am joe weisenthal. Is whatd you miss . The house adopting the budget resolution for 2018, but the unity may not
David lets get an update from outside of the Business World with emma. Emma in spain, the government may begin the process of suspending catalonia within rules. Spain rejected the president s response to demands he clarifying his position on independence. Earlier today, he told the Prime Minister he has a mandate to declare independence but wants to have negotiations first. In austria, voters have turned to the right for 31yearold foreign minister to become the world east youngest leader of a government. He claimed campaign after a victory after the campaign took on migration. It may make austria a more prickly ally for germany. And in iraq, troops have moved over to take over oil fields from kurdish forces. It sees the refineries. And the Regional Government last month the kurds held a referendum that backs independence. Global needs, 24 hours a day, powered by more than 2700 journalists in more than 127 countries. Im emmanuel macron. This is bloomberg. Emma chanda. This is bloomberg.
Over the weekend, a Saudi Exchange just closed. It ended flat on the day. It was down earlier, but an unbelievable comeback. 95 isldings owned. That is down by 5 . Getting ang brent boost on that saudi news. Dollaryen flat on the day. David for headlines outside the Business World we turn to emma chandra. Emma Authorities Say a man walked into a church and opened fire with an Assault Rifle. 26 people were killed and 20 wounded. The suspect was found dead inside his vehicle. One official said he did not appear to be linked to any terrorist groups. President trump and Prime Minister shinzo abe are talking tough on north korea. Abe said he would impose additional sanctions. President trump warned that what he called the era of strategic patients with north korea is over. Broadcom news proposing to buy qualcomm for 70 a share in cash. The 100 billion deal, the question is what kind of fight will qualcomm put up. They are up 3 and broadcom up. 5 . The question is what do broadcom, qualcomm,
We are waiting for macys earnings to go across, and we look at you updated when they go across. Talking about a weaker dollar. Done 5 10 of a percent. Over all, you are looking at a nikkei that got wiped out. Really confused traders and market participants. Yen shooting up after that. I am taking a look at the contents, q 10s, flatter. Copper is an interesting options move. 10,000 copper by december of next year, started trading at 4. 5 million in on my trade. Jonathan i just assumed you have a bloomberg inside your head and you saw the earnings coming through. Coal, positive 0. 1 . And totalter sales coming and up 4. 32 billion. Estimate was 4. 3 billion. Inline if you are looking at sales. Here is the picture. Down 7 10 of a percent. A lot of retail coming through. Macys as well. Keep it right here. David earningspershare must a little bit. . 72, couldsed to be part of the reason ecb red number. That part of the reason you that part of the reason you might see red up there. First wor