Straight to our top story. We had a little bit of breaking news. This is manufacturing pmi, it has risen and pretty much in line with expectations. Showsng above 50 expansion. It is the story of divergence of what china and china is doing and put on the table. Stimulus. Uch more every piece of data from the eurozone is important and has the potential of moving the euro up. Lester on the euro. The manufacturing pmi not as bad as expected, pretty much in line. Our top corporate story, a deal for digital. A 3. 7 billion dollars purchase of an american attack copy an american tech topic, sapient. Guys, thank you for joining us. Matt, let me start with you. Previously, wanted to buy another company and it fell through and they are going with sapien one guestt said it would. Begreat for digital and they always wanted to be in the Digital Space and that is where they are the weakest. To get backeffort on the front of foot after this deal fell through. A couple ofouple tough quarters and they
Spaceship. It disintegrated after a device to slow the spacecraft deployed prematurely. Pilot error is a possibility. The copilot was killed. The pilot was seriously injured. Known thatalways commercial space travel is an incredibly hard project. We have been undertaking a comprehensive test program for many years. Safety has always been our number one priority. We do understand the risk involved. We will not push on blindly. To do so would be an insult to all those affected by this tragedy. To takeon hopes passengers above earth. A big takeover in the advertising business. The worlds thirdlargest ad company has agreed to buy sapient. Moving on the new york city marathon. 50,000 runners had to deal with wind. 30 Miles Per Hour with the up to 50. The mens surge was won by a kenyan. The womens was won by another kenyan. It was freezing. It was cold. It was legitimately called. Cold. You did not see a lot of pain and agony in central park. Cold is better than hot, is my basic take. I trai
Rescinding the carbon laws. , data in the u. S. , 8 30 a. M u. S. Jobless claims. The Bloomberg Consumer comfort number at 9 45 a. M. P. M. , the Consumer Credit number four june. Earnings, before the bell, wendys, duke energy, and amc. Bell, news corporation, not 21st century foxconn with the unit that owns the wall street journal. I cant keep track of the names. It is the wall street journal, essentially. News corp. 19thcentury . This is what Rupert Murdoch loves. Maybe newspapers can make money on their own. With a pay wall. Cbs, lions gate, and solarcity as well. Bank of england comes out with its Rate Decision at 7 00 a. M. , ecb comes out at 7 45. Of the important out press conference for governor mario draghi. That will be a remarkable press conference. A data check. Stocks, bonds, currencies, commodities. Futures bounce after a tough number of days. Interesting to see how the equity markets in the u. S. React after what we healed from frankfurt. Oil south of 97. Vix, 16. 37. Ge
The European Central banks in physic and not fix the economy on its own but ready to take more steps to help. Here is ecb president mario draghi. It is necessary to further longss risks of too periods of inflation. The governing council is unanimous in using additional instruments within its mandate. One of those unconventional measures is buying government bonds. That is something that has not been mentioned before, at least not officially. His comments come less of three weeks before the next ecb forecast, which is likely to show weaker outlook for growth and inflation. In jerusalem, and attack described as the deadliest in years. Palestinians armed with guns, knives, and axes killed four israelis in a synagogue. At least six more people were wounded. Police still be two attackers. Jimmy netanyahu says the country will respond with an iron fist. Toyota unveiled a new car that emits only water vapor. It is toyotas bid to compete with teslas electric car. Only a few hundred will be sol
Growing concern that the greeks will exit the euro. The german magazine there spiegel d er der spiegel. Vanguard is the largest provider of index funds. The fees are also a fraction of the average mutual fund. The tragedy of airasia bad weather is slowing up the search. Searchers have found more bodies bent of located sections of the tail at the bottom of the java sea relatively shallow versus other parts of the ocean. Ice may have caused the airplane to crash. Pope francis and the Catholic Church out front on a global diversity. New cardinals, nine from the emerging markets, including tonga myanmar, and ethiopia. Lets look at equities, bonds currencies, and commodities. Futures deteriorate. 10 year yield is stunning. Scarlet mentioned a 1. 18 handle on the euro. Crude oil, im essentially speechless. Brent crude, 55. Euro yen shows not much going on. It is all about Dollar Strength against Everything Else. The German Government bond. We will talk about eurasia. Looking forward to that.