Shanghai comp lower. European equities were mixed to flat earlier today and still that way. Theyre all flat. I mean hardly any moves worth mentions there. Take a look at the price of crude oil. Higher and wti still above 46, 46. 03. Brent at 48. 63. And dow component home depot out with results. Matched estimates of 1. 97 a share. Revenue essentially in line. Home depot did raise Earnings Guidance for the full year now at 6. 31 a share. Just below the consensus estimate of 6. 32 and analyst will join us to talk home depot. There he is right there. In case youre wondering what he looked like, i can confirm bryan nagel. A lot of these shots we get of people, you dont know what happened. He looked good. Didnt he . Happy. He is going to be on squawk box. And he covers home depot. You remember people used to cover the steel. They would come on and, but home depot, pretty good. By the way, you saw on the teleprompter. They is a Home Improvement retailer. Just in case theres anyone in the wor
Still there, 46. 21 for wti. Lower by. 37. The biggest market story is the dollar. Dropping to lowest level since brexit yesterday. Has since recovered on hawkish fed speak. The last 24 hours, atlanta fed president said two hikes were a possibility this year. Euro cost you a 1. 12. New york fed president suggested the central bank could raise rates as soon as next month. Two key events to watch today, st. Louis fed president James Bullard will speak and then well get minutes from the last momc meeting. And it is. The euro will cost you 1. 12. Pound 1. 30. The yen is at 100 yen dollar level. It had fallen below that yesterday. Violating what ive asked them to do. So now were back to maybe a couple of hikes when i think the probability had the hikes moved out to 2017. Well see. They love to pretend they might do something to get the benefit of whatever. Theres a lot of rumors about whats going to happen at jackson hole. About whether theyre going to say negative Interest Rates arent work
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