Blade runners disappointing response this weekend. Look at amc down 7 , and regal down 4. 5 . Only did 31 million over the weekend, they were expecting double, more than that well talk about that. And a massive unity rally being held in sfan this weekend. Were going to look at what this all means for the countrys relationship with catalonia and its place in the European Union. Former head of the European Central bank, jeanclaude trichet, himself, will join us is a cnbc exclusive coming up looking forward to that very mump. First, Goldman Sachs out with a new note saying tax enthusiasm will outweigh an earnings slowdown this quarter a feud between President Trump and a key republican senator could put tax reform in jeopardy cnbcs editor at large john harwood has the details. Let me put it in a bigger picture. The feud with bob corker is one of many challenges facing this tax bill first of all, it doesnt help to antagonize the Committee Chairman as the president did over the weekend and
Im Francine Lacqua in london. We have a lot to get through today. We have quite a lot of news. Mark carney and Philip Hammond, and we will get on to brexit. First, let me show you your markets. A lot of the movement we saw in the last hour reports to what we heard from the chancellor and the boe governor. I would suggest it is really what is happening in the u. K. That many to look at. 675. Can see the pound, 1. 2 when it says market matrix, it is basically the difference between the two year gilt yield and the 30 year gilt yield. That curve is kind of flat. The u. S. Dollar, pretty much unchanged at 1197. The two year u. S. Yield, 1. 36. Lets get straight to the bloomberg first word news. Fourter barclays and former executives have been charged with conspiracy to commit fraud. The u. K. Fraud office said john varley and roger jenkins, and oth faced charges, along with the bank. Barclays says it is closed considering his position in relation to the allegations. U. K. , a 47yearold man
Be as markets are giving us a lot, a lot of news, just in themselves. There is a lot overall. Oil is still sliding. Global stocks are retreating and you can see that clearly in europe with the stoxx 600 down 0. 7 . The yen strengthening. We see a risk off mode with crude oil tumbling into a risk off mood. That will persist. We also want to look at the shanghai equities, and the chinese domestic stocks. I will show you that shortly and then the pound, of course, it is the cleans speech it is the queens speech today. Lets construed to the bloomberg first word news. Reporter saudi Arabias Deputy Crown Prince Mohammed bin Salman Al Saud has replaced his son as heir to the throne. The shocking announcement sonsidates the sokings power. Algian shoulders have shot suspected assailant from brussels. Had allin station wit tarins haulted. The interior Affairs Ministry confirms that military staff had intervened to neutralize an individual. Chinese stocks will be added to the msci indexes. While
We will learn later today. A saudi rate output confirms its commitment to stabilizing the market. Questions swirl about opecs ability to manage the price of oil. Let us take a look through 30 minutes until the cash trade right now at the futures action here in europe. We are looking at gains across the board. Fight gains, but nonetheless, green arrows there, slight gains, but green arrows. What do you see for bonds . Guy want to talk about the pound. Bunds pretty critical as well. Let us deal with the first columns. Let us talk about a bit about what is going on here. Im not sure exactly what scream we have got which screen we have got up at the moment. Let us see what happens when i move this. I think that is going a little strange. Anyway. We will come back and talk about the markets in just a moment. Let us go to Juliette Saly for the first word news update. Guy, thank you. President donald trump made more than 152. 7 million and paid 38. 4 million in federal taxes in 2005 according
Oil has been rising for two weeks. Lets get an update on what making headlines. Vladimir putin is condemning the u. S. Strike against syria, calling it and asked of aggression against the sovereign state. 59 cruise missiles were fired at a syrian airfield after accusing a syria of using chemical weapons. Tonight i ordered a target military strike on the airfield in syria from where the chemical attack was launched. Rush is promising to help beef up air defenses. The kremlin says only 23 of the missiles actually struck the base. Six syrian fighters were destroyed. President trump says he forged a president in the first few hours of his summit with the chinese president. They had dinner and will have discussions today. He is expected to push him to open Chinese Markets to American Goods. He wants china to put pressure on north korea over its Nuclear Weapons program. Employers in london are having trouble finding workers and brings it may make it harder. From the recruitment and Employmen