The defenseliams on act and its use in the government. On this boat, the yaeah the bill is passed. Host good morning the Senate Approved a third economic aid package with a price tag of 2. 2 trillion dollars and it goes to the house for a vote scheduled on friday. And then, to the president s desk. We will get your thoughts on action to respond. 202737,000 you can text us with your first name, 2027488003e at or join the conversation on twitter and facebook. Let us begin with the action in the house. , democrat ofleader maryland sent a letter out to the rank and file members saying that the house will convene at 9 00 a. M. On friday to consider the bill in order to protect the safety of members and staff and prevent further threat, the republican leader and i expect the houseboat will be done by voice house vote will be done by voice vote. Members who want to come to the floor will be able to do so. We are working to ensure that those who are not able to return to washington may express
Amazon big quarter josh lipton live in san francisco. Besides the bottom and top obviously investors concentrate on the q 4 guided are guidance light. Between 86 and 86. 5 billion. Obviously for investors thats critical q 4, the Holiday Quarter dy just have a call with amazon cfo brian osafe ski. There are onetime items he mentioned weighing on q 4. He mention add consumption tax kicking in japan, from 8 to 10 . That created prebuying in september having a net negative impact in q 4. But the central question for investors is going to be the bottom line guidance well below what the street was looking for. On the call he fielded a lot of questions about that is it all oneday shipping he made it clear they are in investment mode and do believe where they need to be. They believe there is cost in the short run. He believes thats where amazon needs to be and there is evidence he says its paying off. Good increase in purchase behavior from prime members. Theyre buying more products, more oft
Aggressive policy, stocks get a boost. Sellers deal. Ab inbev of is selling carlton united for a 11 billion. And an ipo of its remaining asian unit is still in the cards. And a downed drone. Oil snaps several days of losses after President Trump says the u. S. Has downed an iranian drone. Matt, good morning. Matt we are less than 30 minutes away from cash trading across europe and in the u. K. Take a look first at the 10 year yields. A big debate today about whether the fed rate cut, almost a foregone conclusion, will be 25 basis points or 50. As a result, the yield continues to come down. Up a little bit today. Still, if it is a 50 basis point cut, expect to see the yield fall further. Look at futures. European equity Index Futures pointing up. Dax futures gaining. Cac and ftse gaining also. the markets have faith in the original statements from william. The asian equity market getting a boost from officials despite the walk back. The market buying into the idea that perhaps there is
Tencent or alibaba to list at home in hong kong. Engle ini am stephen tokyo. Shinzo abe wins the upper house vote but failed to secure a super majority. We will have results and reaction. Kathleen Market Action into asian trading, we have to take a look at u. S. Trading first. The stock market was on its way to a modest gain, mixed results on earnings reports, microsoft with a great report, netflix not so great looking over the course of the week. Friday it was news late in the day irans revolutionary guard seized a British Oil Tanker in the strait of hormuz. As you can see at the close we had the dow jones down a quarterpoint, 68 point decline. At. 75 percent loss. It is just after 6 00 in the u. S. , so futures are looking to decline on the s p 500. Also wondering about the fed friday, the president of the st. Louis fed repeated he is in favor of a 25 basis point cut a day after John Williams seemed to be saying he was on board for a 50 basis point cut. New york had to clarify he was
reporter: yeah, it is that continuity here in scotland. you had people coming out across the whole of north of scotland, from tiny villages as the queen s cortege made its way to edinburgh where the streets around me here, deserted now, but crowded earlier. the new king out being seen by people to quite some applause. at buckingham palace, massive crowds greet king charles ahead of some of his first meet tinges as the nation s new king. in wales, northern ireland and scotland, celebration as his royal proclamation is read out sunday. god save the king. reporter: a more muted town in balmoral where his mother passed away on thursday. the queen s coffin began a six-hour journey to edinburgh, part of a ceremony approved by the queen herself. crowds line the streets as the queen s casket passed them by. the cortege accompanied by the queen s daughter, princess anne, wound its way through remote villages and cities of scotland. edinburgh s royal mile packed with mourners. th