Bottle. We seem to like to talk a lot about alcohol on this program. Lets head to the markets desk where julie hyman has the latest on that. I dont want to speculate why. Julie i think its obvious although im disappointed if it is 35 grant a bottle, we will probably not get a taste test. Lets take a look at whats going on with averages. A pullback here after a big update for stocks yesterday. We are seeing selling despite what was largely a morning of stronger than estimated economic news. Even Industrial Production came in better than had been estimated but that is not helping stocks. The imap for the groups on the move, Consumer Staples pulling back the most today along with health care shares. Consumer discretionary lower. Ofrgy industrials are kind limiting losses we might otherwise be seeing overall. I did want to talk more about home depot. Is it a bright spot in retail . Not if you go by what the shares are doing. They are pulling back. On the one hand, home depot did come in ab
Count them. Im anna edwards live in london. It is 6 00 in the morning. The broader equity picture in asia is quite stable. They posted stimulus from a central bank, entering into the market psyche. Lets have a look at what is happening with the pound. The pound catching his breath its breath after the dreadful selloff we have seen over the last couple of days or so. Down to 1985 levels. The relative index perhaps signaling the plunge may slow. Lets bring up our risk radar justin at you just to show you where the markets are. It is up around half a percent in the asian session. The yen fairly flat at 102. 02. Pause for thought. Abe will be watching foreignexchange and stock markets closely. Lots of talk of cooperation between Central Banks and finance ministers from the japanese. A fairly substantial pickup of 1. 4 . The nigerian ceasefire seems to be having an impact. We will take a look at supply data later. Lets get the bloomberg first news. Central banks have been reacting to brexit
About six points and the dow futures are down by 43. Overnight in area, the nikkei was down by 1. 6 the lesser gains for the hang seng and the shanghai composite which finished almost flat. If you want to take a look at early trading in european markets, across the board, you see some red arrows. The dax in germany down by. 7 . 75 decline for the cac in france and the ftse is down by 1. 3 . Take a look at crude oil ahead of tomorrows opec meeting. Oil was up 20r9 month, but you can see the wti this morning is down by 1. 5 to 48. 36. ] p e much more on that opec meeting in just a moment. Here are the big stories we are watching today. In corporate news, softbank selling at least 7. 9 billion in shares of alibaba. Softbank is softbanks largest shareholder. Its staples dropped now from 30 to 28 . Shari redstone says she has no interest in managing viacom. Red deny stone says on todays economic agenda, april Construction Spending out at 10 00 a. M. Eastern time as followed by the feds beig
Than a virus right now. Last night i hosted the emmys. And its weird [ cheers and applause ] weird to come back and do a regular show after doing a big thing like that. And nothing against you guys. But the audience last night was dressed much, much better. [ laughter ] there were no crocs. I didnt see anyones toes or anything. We went to bed very late last night. Last night i went to bed, also at the time it happened to be babe ruths career batting average, 3 42 was the time i went to bed. There was a party after the show so we stayed at a hotel but it had to be at work in the morning. Before bed i called down and i ask the for a wakeup call which is terrible, you have to find the phone, theres no snooze button. The phone rings, i pick it up. A chipper woman says, good morning, this is your wakeup call for 8 00. I said, thank you. As im hanging up the phone im thinking, if it really is her pleasure to wake people up over and over again every day . Kind of a sick woman, right . [ laugh
Im in no condition physically to be hosting anything other than a virus right now. Last night i hosted the emmys. And its weird [ cheers and applause ] weird to come back and do a regular show after doing a big thing like that. And nothing against you guys. But the audience last night was dressed much, much better. [ laughter ] there were no crocs. I didnt see anyones toes or anything. We went to bed very late last night. Last night i went to bed, also at the time it happened to be babe ruths career batting average, 3 42 was the time i went to bed. There was a party after the show so we stayed at a hotel but it happened to be a work morning. I ask the for a wakeup call which is terrible, you have to find the phone, theres no snooze button. The phone rings, i pick it up. A chipper woman says, good call for 8 00. I said, thank you. She said, its my pleasure. As im hanging up the phone im thinking, if it really is her pleasure to wake people up over and over again every day . Kind of a si