Getting real wage growth. 2. 9 wage growth is the headline. I think that is good for american workers. Looking at the wage growth, the unemployment number is the bright news. Janet yellen said in a healthy labor market wage growth is between 3 and 4 . Wages begin to rise towards 3 , they certainly are. Slamdunk infed is a raising rates in december. This confirms a story permeating the market. The fed has said they will tighten, therefore december is pretty much in the bag. I think people will rightly interpret the second move. They will go in december. Two and three times next year. Jonathan joining the is oksana, from j. P. Morgan asset management. Head of american fixedincome strategies. Coming to us from edinburgh, Senior Investment manager at aberdeen standard investments. I want to begin with payroll report. The estimate was 80,000. 33. Number was wage growth came in hot. 0. 5 month on month. Almost three Percentage Points of the year on your figure. George, it was a whether impai
The states haven safe haven and you mentioned the dollar index up by. 3 and you have retail sales and potentially more support for the dollar in the next couple of hours. David its time for the morning brief and we will get the retail sales that alex referred to alix referred to. Nafta talks and Missile Defense talks get underway. Walmart reports secondquarter results. York, today wew have President Trumps returned to trump tower for the First Time Since his inauguration and the chief washington correspondent has come to new york with the president. Kevin cirilli joins us from midtown manhattan. Welcome to new york. Let me ask you, why is the president in new york today . What does he have on his agenda . Events. Ot much public later this afternoon, President Trump will be signing some sort of executive order and action regarding infrastructure. According to a white house official, he will be establishing discipline and accountability in the Environmental Review process. No other detai
Put investors in a buying mood and lifted the major indexes for the first time in the fourt first, oil prices settled oh so close to 50 a barrel. Then there was a spade of solid economic repor that reversed fears that the economy hit a wall in august. More on both of those stories in a moment. First here are the closing numbers. The Dow Jones Industrial average climbed 112 points to 18,281. The nasdaq added 26 and the s p 500 was up 9. Lets talk about oil. First, which has its sights set on 50 a bar the price of domestic crude hit its high yefl level since june. The commodities settled up more than 2 to 49. 83. But will those prices hold at these levels . Jackie deangelis takes a look. Reporte the price of crude oil up about 12 in the last month. A tentative deal from opec to freeze product near record levels, boosting prices. While analysts feel capping producti at 32. 5 Million Barrels wont necessarily impact the supply demand dynamics, they think its an important step, a sign, perha
And lifted the major indexes for the first time in the fourt first, oil prices settled oh so close to 50 a barrel. Then there was a spade of solid economic repor that reversed fears that the economy hit a wall in august. More on both of those stories in a moment. First here are the closing numbers. The Dow Jones Industrial average climbed 112 points to 18,281. The nasdaq added 26 and the s p 500 was up 9. Lets talk about oil. First, which has its sights set on 50 a bar the price of domestic crude hit its high yefl level since june. The commodities settled up more than 2 to 49. 83. But will those prices hold at these levels . Jackie deangelis takes a look. Reporte the price of crude oil up about 12 in the last month. A tentative deal from opec to freeze product near record levels, boosting prices. While analysts feel capping producti at 32. 5 Million Barrels wont necessarily impact the supply demand dynamics, they think its an important step, a sign, perhaps, that saudi arabia is admitt
Shutdown statement and shes done that. But Global Markets are shrugging off the shutdown with european bourses edging higher after modest gains in asia. Now, this amid the ongoing uncertainty in rome where Sylvia Berlusconi faces dissent amid withdraw from the government. Shinzo abe is able to raise japans sales tax with a fresh stimulus package. Hi, everyone. Good morning. Really glad that youre with us for the next two hours here on Worldwide Exchange. Weve got lots to talk about. Of course, were going to be heavily dominated here on the show on this u. S. Partial Government Shutdown. Were just seeing the eurozone pmi manufacturing data coming through on the wires. 51. 1. That means weve seen a little bit of a fall. This is down from around 51. 4 that we saw the last time around, but bang in line with the flash estimates. Again, 1 51. 1. By and large, it does look like were seeing stabilization to the folds that we were previously seeing a couple months back. Lets grab the german job