Dani good morning. This is bloomberg daybreak europe. Im dani burger in london with the stories that set your agenda. Countdown to the u. S. Cpi print. Asian equities mixed after a techled to selloff on wall street. Disney gains after i words after hours as tax cuts and hollywood strikes save the Company Millions of dollars. Gas prices jumped the most since march as lng workers in australia vote to strike. Brent crude traits near an eightmonth high. I will bring you the market check. Were looking at equities that are bouncing back after yesterday. Yesterday was led by tech, the selloff. A little consolidation in front of the cpi, topping necessarily specific. Futures are doing better this morning, up by about 0. 4 . Treasuries not doing too much either, were expecting a 30your auction following the 10year auction yesterday which had solid demand. Yield coming in below 4 . We got siemens earnings. It is a miss pretty much acrosstheboard, weighted down by china decline and wind turbine l
Trade overall, it takes us to our talk of the tape, the great bounce back for stocks and whether it is sustainable. Lets ask adam parker, ceo. You are not so sure this is sustainable and more cautious in a few months . Yes, last week when we spoke, conditions are still the same, an equal chance of a 10 up versus 10 down, that makes me less confident because the data are mixed. For every good thing, i get upside on retail sales, down on housing. There is some good and some bad and enough to feed the bulls and bears. You have to get to a soft landing somehow isnt that the definition are you looking for where are you looking for the economy to keep rolling along and figuring out the inflations way to work in your favor even if it didnt . Erode not imploded, the hominid dialects we knew we were going to slow but at what pace . The good news is, you dont have a synchronous contraction, so many things the cycles were at different times, housing on a different cycle than auto. On the things t
You are correct if youre saying or thinking why isnt he campaigning with 13 days before the election, but no doubt mr. Trump counting on the symbolism of presenting yet another major real estate project completed on time and under budget. That tends to appeal to undecided voters who are crucial right now. In just minutes mr. Trump will reveal plan for economic revival in americas inner cities. Team fox business live in all the right places will take the speech. The weather gods have spoken and they are saying push out the clock now after nailing game one of the world series, the Cleveland Indians have lost one whole hour of rest, so are the the cubbies. Live pictures of the radar. The rain heading straight to the buckeye state. Kevin is dawning rain jacket for day two and will give us a preview and scoop. On wall street, the market mixed as Oil Reverses Course and then reverses course again. Battling it out for the first four hours, the bulls have put green on the screen. We are less t
The heat wave is in full effect. Meteorologist krystal klei is keeping her eye on those rising temperatures. Fill us in. Dont blink. Temperatures will shoot up as we move through the afternoon. We are looking today under your first alert. Still very hot in the afternoon. Heres good news. A little less humid for us and near record heat, not record heat. Thats good news. Still though very hot for us. Monday looking worse off. Were tracking temperatures that should set a new record for heat. On top of that, were also talking thunderstorms possible by your monday kicking off the dnc possibly with storm activity and as we move throughout your workweek into your next weekend, well have that possibility of more scattered showers in the forecast. So here are your temperatures as they are this morning. 81 degrees in mt. Holly. Trenton, 80. Wilmington, 83. Out to the shore, Atlantic City at 81 degrees. Already in the 80s. Well be cranking it up to the 90s in most areas. The shore excluded. May s
2024 NJBIZ Power 100: K – Z njbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njbiz.com Daily Mail and Mail on Sunday newspapers.