Can any number convinced the fomc to hike . Good morning, were less than a halfhour away from the European Equity market open. Lets take you to the bloomberg. Let me show you yesterday, positive. Decent closing. Up around. 8 to 1 . Let me show you where we are and it looks like we are going to turn around. We are going to have a softer story. This is a fair value calculation. It looks like we are going to be softer about 1 . London looks like it is going to outperform. Caroline it does seem that risk aversion is going to hit the European Asset classes it already feeding into asia. Test classes. Already feeding into asia classes. Already feeding into asia. What a selloff we saw yesterday. It slumped 7 as u. S. Stockpiles. He dollar index under pressure theus, 180,000 out japanese trading higher, dolly door. Dollar lower. Lets get caught up with haidi lun. Thank you, caroline. The Dallas Police Department Says two snipers shot 11 officers during a protest, killing four of them. The gunfi
In dallas. The demonstration is being held over the Fatal Shootings of two black men. Manus youre welcome to countdown. The very latest, we go to the front page. This is what we are looking at. Were talking about the dallas shootings. Lives protestck march in dallas. We understand officers were shot from elevated positions at about 8 45 p. M. Local time. Interest has turned themselves in any suspect was in custody after. The dallas to Police Department said with heavy hearts there devastated to report the fourth officer has been killed. The shootings, this attack comes in the aftermath of two more young incidents where two black men were shot in louisiana and minnesota. These protest marches have turned into something much more significant. This was a black lives matter protest. As we get more information on that situation in dallas, we will bring that to you. We are getting live reports across twitter and the bloomberg terminal. That is everything we know at this stage. As we get more
Slightly in positive territory, expanding three days of gains. Dow jones little bit higher, gaining. 1 , also a fourth day of climbs. The nasdaq, though, in negative territory, down. 2 , and reversing four days of gains. Morning, it this as 2120 six,slow but it clawed back most of those losses and is currently unchanged. We are seeing these industries known as defensive are the best gainers. Financials and banks currently unchanged, but if this does turn negative, it would in sixe first decline days, which would be the longest winning streak in three months. We are also seeing Energy Shares declining. Of course, we have crude oil reversing gains. Some of the biggest decliners, mostave Chesapeake Energy folding 6 . We also want to take a look at crude before we go. That is huge right now, falling 4 . ,ake a look at that tumble Industry Data showing fuel inventories unexpectedly grew adding to concerns of oversupply. Crude is now hanging around 45 a barrel. David thank you very much. App
Ahead of the jobs report tomorrow. Consumer discretionary leading the way whereas the ultra defensive utilities both days weekend. Matt im glad you bring that up because i thought the same thing before the program. I put together three indexes here the s p utilities in utilities index down. People pulling out of defensive sectors and the biggest gainer of the 10 Industry Groups are the momentum stocks. Thats why the nasdaq had a gain. Isomething i and keep am keeping my eye on in the world of government bonds, this is a three day chart of the bond spread between italy and germany. Thats one of the places you want to watch peripheral sovereign risk as we learn about political contagion. A lot of anxiety about those italian banks coming into focus. Keep an eye on that spread. This is much narrower than it was during the worst days of the crisis. Matt anything having to do with italy, especially the banking sector. I want to give you a quick look have onecy because we of the most Brillian
Werewolves of london good morning, welcome to Worldwide Exchange on cnbc. Im sara eisen along withdom chu. Thank you for being here. Wilfred is in london. For the big brexit vote. Well be joining him there tomorrow. First, lets check on the Global Market picture this morning. U. S. Equity futures giving back some of yesterdays pretty strong rally. Yes, stocks closed in a high. But still a broadbased rally. Look at the turnaround there. Futures up higher. Dow futures up nine, s p up 7, nasdaq up 14. Building on recent themes yesterday. The nasdaq and russell saw their best day in nearly three weeks yesterday. As for the treasury note yields, yields bumped up a little bit selling of treasuries as the riskon environment continues. 1. 67 as we look towards thursday and for janet yellen who testifies this morning on capitol hill. As for the dollar, five days in a row decline ahead of yellen. The euro stronger 1. 1335. Continues to valley. The british pound also on top of a strong, almost 2