Is meeting with the National Association of manufacturers. Hes expected to make some major announcements on trade today with two executive orders. Our ylan mui is in washington, d. C. With all the details. Reporter sara, executive orders are focused on rooting out trade abuses designed to put other countries on notice and commerce secretary wilbur ross fired a warning shot on cnbc earlier this morning. There are unintended consequences of doing nothing as well. So as to doing something, tough think about it this way, we are in a trade war. We have been for decades. The only difference is that our troops are finally coming to the rampart. The first order calls for a review of any country with which the u. S. Has a trade imbalance, the biggest one of course is china. Theyre looking for currency misalignment, over capacity in any industry and perhaps even lax enforcement of existing agreements on the part of the u. S. This review will be due in 90 days. The second executive order will bol
Doctor p dollar per barrel level. Brent up to 52. Is it still linked to the dow the way it had been in. Seems every other day. Every other day. Not like every day. Among todays top stories, china reported gdp of 6. 7 matching forecasts, retail sales rose. Urban investment rising 8. 2 . Industrial output only growing 6. 1 . Markets in asia overnight, lets see. Up on the nikkei, down slightly on the hang seng. And just call it unchanged on the shanghai. Back in the u. S. , another busy day for earnings and economic data. September Housing Starts are out at 8 30 a. M. They are expected to have rebounded after falling 6 in august. At 2 00 p. M. , the monthly beige book report tracking conditions in the feds 1 districts. A trio of fed speak today. San francisco fed john williams, dallas fed president rob kaplan and new york fed president bill dudley. Look for results from Morgan Stanley before the bell. American express and ebay after the close. Apple is launching a new imac at an event on
Stopping every hundred miles calling baton rouge welcome to squawk alley. With me at post 9, kayla tausche. A head bop. Yes. Jon fortt is at the vanity fair summit and joining me. Jason calacanis. Good morning to all of you. The clock is ticking to the start of the final president ial debate between donald trump and Hillary Clinton, 9 00 p. M. Eastern time from the university of nevada in las vegas. Our own john harwood is on the scene with a preview. Good morning again, john. Reporter good morning, carl. I want to play for you some of the sound that we talked about last hour showing highlights from the first two debates, which are the most important ones, because the viewership was higher than we expect it to be tonight. In the first debate, the most effective thing donald trump did was make an argument for change, and Hillary Clinton baited donald trump in ways that paid off later. Take a listen. Why are you just thinking about these solutions right now . For 30 years youve been doin
Van into a crowd of people. The driver expressed support for Islamic State and searched online for information about the attack on a nightclub in florida. I am mark crumpton. Bloomberg west is next. Emily i am emily chang, and this is bloomberg west. Investors are dumping netflix shares after reporting its lowest subscriber growth in year. Can it recover . We will break it down. Softbank throws down its biggest arm. Let yet,a a bid for what the deal means for semiconductors. Chuck robbins speaks to us about brexit, m and a, and whether or not he is backing donald trump. Hours, plunging after down 15 on disappointing earnings. Subscriber growth dropped with only 1. 7 million new subscribers this quarter. Reed hastings says it is due to price increases, not market saturation. With new members, we have not seen any effects. We changed our prices last october. We have had a couple quarters of great growth. This is around change resistance. Whatever the price is for something, people do not
We will have exquisite interview with the chairman and founder of Colony Capital, tom barrick. We want to check in on the markets. Jon is taking a look at the turkish indices and the turkish lira. Jon equity markets are down 5 . Not reflected elsewhere, you can see markets in europe fairly stable, the ftse outperforming, a third of 1 . There is a big move there. There is a 40 premium offered by softbank or that deal look looks like the ftse gets a nice little lift. Market, the turkish lira, a big move. Slightly stronger in todays session. But that riskoff tone not really reflected in the fx market, it is a weaker japanese yen story. We trade at 105. 62 on the session. In the bond market, this is where things get interesting. Last week, an ugly session for treasuries. Ields up 20 basis points again today, you see bond yields inching higher on treasuries. In the commodity market, slightly softer. 47. 36 is how we trade on brent. Alix there is news concerning lending club. Chiefk dunn wil