Break would give workers with big businesses. We are giving americans the freedom who have got health care over it they dont have the Government Program freedom like theyve never had before to buy health care that is right for them. This is clearly obamacare gone a new freedom. Maria breaking down the gop plan coming out. That military moving part of its Missile Defense system following recent Missile Launches to north korea. North korea coming out. Severe weather strikes the heartland. Everywhere from the midwest to the south. You may need more time to get through security when you travel. The outrage as the tsa is wrapping up his patdown procedure. Markets look like this. Features back. Dow industrials to be down 30 points. S p 500 negative territory. This morning dft 100 is up a fraction as is the dax cac in paris lower. Although the shanghai, hanks said all higher. Weakness heading home. Although stories coming out with a gimmick towel. Wall street journal editor and matteroffact n
First, the bloomberg first word news. U. S. , morethe attacks on the republican proposal to repeal under place of obama care. Major medicated sugar say they have serious concerns about the bill, which cut 880 billion from the medical program for the poor. Some republicans are worried about state budgets. Vote tomorrow. North koreas latest missile test has failed according to military officials. They stated missile appears to have exploded within seconds of launch. After theree days regime claim to have made a Major Development in the Missile Development program. In europe, turkey has asked it remove it from the place being covered by the new travel ban electronics on board when they fly to the u. S. The u. K. Has joined in on the ban but turkey says it shouldnt be joined in those restrictions. And french president ial gettinge macron is ahead of Marine Le Pen. 26 in a first round matchup with Marine Le Pen dropping to 24. 5 . Beats Marine Le Pen in a runoff. Global news, 24 hours a day
December as investors await their g. D. P. Numbers out. And that is what you need to know. David for more on those g. D. P. Numbers, we turn now to carl, chief of u. S. Economist. So we have five quarters of slim pickings. What are we looking forward to . Its growing at 3. 3 five quarters ago. Now were growing at 1. 3 which is below the feds neutral growth separate and thats problematic for the economy. Consensus going into todays number have steadily deteriorated over the course of the quarter from north of 3 , 3. 5 well say at the start of the quarter down to only 2. 6 . And i think theres a risk maybe that Consumer Spending which was the major Growth Engine in q2 could fire on a much softer level in the Third Quarter. Alix inventories. We saw it drop on the Second Quarter which is unheard of when youre not in a recession. When is the payback for that . That subtracted about 120 basis points off the headline growth figure. And the expectation was well, that will turn into a significa
Mark have a look at where european equities are trading. Green. Of equities in the left column and stocks rising. Volatilityl getting intraday for 10 consecutive days. Thats something that hasnt happened in well over two years. Look at these currencies are rising against the dollar. We had a big spike in sterling in the space of literally one minute. Sovereign bond deals are falling. Individualsome movers, this is the big decline or this is a u. K. Company that makes plastic caps and cigarette filters. It cut its operating profits forecast and says trading and components solution is in line. Performance of high Protection Technology remains subdued. On junea company that 9, shares fell the most on record after warning fouryear profit would be lower than expected due to the likely loss of a larger order from a major tobacco company. Shares getting hammered today, losing 1 5 of their value. I thought we would look at Recruitment Companies because hsbc has a raised recruitment hold. Ies t
Plows 1 billion in two uber rival didi. Half an hour away less than. Its friday the 13th. I wont draw any correlation between the date and the board. We are trading down, softer this value telling us that the axle open down around one half of 1 . Inlondon market looks like will be down 1 10 of 1 . Friday the 13 risk off. Caroline it is certainly unlucky along asian markets. People moving money into the dollar, outlining the hawkish tones coming out of the fed. Thats two days of gains for the dollar. Meanwhile, the yen is trading higher. But isromo. 6 this week currently off by 4 10 of 1 . A flight to safety, to gold, the index currently off by 2 . 21 to show you was the gold index, which is trading higher. Meanwhile, crude oil is off by a tenths of 1 . We have seen that rally, the inventories coming back, but today, a bit of the selloff coming off that sixmonth high we saw in oil. That was a check out on the assets you want to keep an eye on. Now lets get out to the first word news wit