They see an increase in the price of steel thanks to tariffs , so conagra is not doing well today. Down 2. 1 . There is a takeover attempt. It is being bought primarily for some of its features. Guy . Guy g20 leaders meeting in osaka this weekend. We seen the chinese president arrive in the u. S. President arrive. Investors watching for the outcome of the bilateral discussion between these two gentlemen, in particular whether or not we are going to make progress when it comes to the trade war. We are joined now by Neil Ferguson, senior fellow at the hoover institution. Good afternoon. What is your expectation for what is going to come out of this meeting . Neil i dont think a great deal is going to come out of it because i dont really see that either of the two leaders, trump and xi, have a strong incentive to make concessions. Trump i think senses that the chinese are on the back foot, that he has the upper hand here. Hes playing them, as he loves to do, by saying on one hand he is in
Brussels after a significant defeat forcing to give parliament a vote on the final deal. We are live at the summit. Security soft where maker jim wil focus onto accelerating growth. Lmatt where less than half a note half an hour away from the open. Much Central Bank News, volatility at a low level. We do not see much direction, direction but not much size as far as futures are concerned. Down across the board but only fairly small moves with the exception of when you get into the dax. Enter frankford a drop of one third of 1 . Take a look at oil. Interesting today, everyone is focused on rates, people will be focused on currency and stocks. Do not take your eye off oil. This is a threeday trade of nymex crude here crude. We are down 2. 5 as u. S. Output has risen to a 30 year high. Eight weeks in a row of gains for oil. Watch this space. I am behind you. Lets talk about the gmm and figure out what is happening. And what has been happening in some of the equity markets. Switzerland more
Will the sector drive the Global Equity rally through the european open . Plus, 1 billion in cost cuts. Rbs said to be eliminating jobs and close branches. Will it be enough to push it to profitability . Matt we are less than a halfhour away from the european open. Take a look at european futures. After the u. S. S p rose to an alltime high once again and asian stocks were up overnight, we see european futures pointing to a higher open. I should point out that none of the major indexes in europe is out on alltime high. The ftse hit its alltime high in the beginning of january. A lot of the other indexes are waiting until are a year away from their alltime highs. They were in 2015. Take a look at bunds. I have the open. This is a tj twoday chart of bunds. This is the friday trade. Opening with yields coming down somewhat, 0. 328 . I should point out that we are still at very low levels, if you look historically, and takeaway inflation. I have got a chart that shows andspread between the
Telling us some extra curriculer activities have been cut. I can tell you my daughter was in sciences. I was in art club. They cut the art club this week. She paid 15 last week to join art club and not getting the art club anymore. Reporter all right. As you can see, they are trying to let more people into this meeting right now. We should mention theres a for the november election. If that doesnt pass, the school board has threatened there could need to be even more cuts. Romona, mark . Mark denise, for those who might be new to the story, can you explain where this money went to begin with . Reporter mark, when we were covering the story, the superintendent said they have located where this money was where it was misappropriated students, we are told by the superintendent. We are out here and we will continue to bring you live reports as the evening goes on. Follow us on facebook and twitter for updates as well. Asking questions, getting answers in parma, denise zarrella, cleveland 1
House. The people who live here, well, they are focused on hope and prayer for the baby shot in the head and the little girl who took a bullet to the back. Chaos at this house on clevelands west side and today absolute heartbreak. I dont know who would do this. Sally davis is the mother of the girl on the right elizabeth and the grandmother little savannah both shot when someone opened fire on their house where they arms. My daughter was on the front stairs where her little girl was sleeping on the shoulder. The baby got hit in the back of the head. And it went from her head and struck my little girl sitting in a chair watching tv in her house. Reporter it happened at 9 30. 7 to 8 shots were fired and no one seems to understand why, a robbed a woman. Shortly after they left. The door was open. The shooter rolls by. You go and get this creature. Reporter sally says the older girl elizabeth is expected to be okay. The baby, they are told to prepare for the worst for her amazed she made i