I know, but this different, here is why turks are invading syria to wipe out kurds, they dont care about isis, they just want all of the the kurds dead, many of moment have been helping u. S. For decade, those kurds claim white house is abandoning them. And will make middle east or dangerous. Many of president s hawkish republican allies say this is a bad idea, today, president said, this is not our fight, watch. They have been fighting each other for centuries for hundreds of years this has been going on. We were put into this battle, interjected to be a 30 day period, we have been there for many, many years, it was time to bring our soldiers home, i see, i tell you, hardest thing i have to do by far, much harder than witchhunt, is signing letter to parents of soldiers that have been killed. A lib tarrian, i agree. I dont want the u. S. To be worlds police force, i dont think our troops should be stationed all over the world in bases far and wide on fight wars and start wars that have
Growth and increasing concerns about a slowdown in the countrys Manufacturing Sector. And shares in british Recruiter Hays a profit warning and Boris Johnson and Jeremy Johnson clash over no deal construction in their next bid to become Prime Minister lets start off by looking at how some of the markets are fairing. Yesterday in wall street we had a bit of a moderate session as the dow had its third negative session in a row s p ended the day moderately higher nasdaq up half a percentage point. Moderate gains for u. S. Equities asia pretty well mixed we did have the china inflation data coming out overnight. The ppi data had flat lined. As a consequence, we saw a little bit of weakness the shanghai down to the tune of 1 4 of a percentage point the theme in europe, we have stox down. 10 of a percentage point. Switching on though to look at the breakdown in the individual respective markets, and you can see that the ftse 100, which will come up in a second, is the relative outperformer a
Deutsche banks restructuring cost went to 5 billion euros and push them to its 4th net loss in five year and shares rise for the second day a 3. 4 billion euro takeover bid. Well, as you can see, italian bank stocks are rallying this morning. The highest level in over two years after italy avoided eu disciplinary action. It expects the country to fall in line while they promise to reduce the deficit over the next two years. You can see there are almost 2. 8 unit credit particularly well this morning. 4. 6 higher. Also not performing quite as well as some of its peers though up 3. 7 . Now this broad based rally also underpinning the move. The spread between italian and jeremy ten year bond yields touched its lowest level in more than a year as they were near record lows you can see that distinction falling pretty sharply there at the end of the graph with the italian tenure down at 1. 639 and 10 year at negative. 388 now my colleague just got back from brussels last night and is immerse
Year increases after reports that budweiser will delay sending it lower. And shares plummet to their lowest level on record after it reveals its in talks with china over a 750 Million Pound rescue plan it comes by so quickly every single month the decision, they say their output agreement does not change the output of an oversupplies market that is according to the International Energy agency. So in its latest report the iea says supply exceeded demand in the first half of 2019 and that rebalancing in the oil market has begun to slow. As ever, lets bring in nei neil atkinson. And just reading the major take away from the report is that essentially oil supply the first half of the year has exceeded demand you say that that number is 900,000 barrels. So despite opecs best efforts we still have the supplydemand mismatch we do thats a mismatch thats actually grown as new data has come in. And through the rest of 2019 well see how the demand issue plays out but as we move into 2020 the outl
Reportedly subpoenaing records related to the 787 dreamliner. And megadeal making in the sports world kevin durant, irving, Deandre Jordan all look ready to take their talents to the Brooklyn Nets its monday, july 1st and Worldwide Exchange begins right now. The greatest, the greatest good morning, everyone im con tessa brewer here at World Headquarters for cnbc. Brian sullivan is in vienna this morning. Good morning, brian. We took our talents to vienna, austria, the scene of an opec meeting well get to what is expected in just a minute, but we have to check stock futures because it alongs like the markets are going to surge today they surged in asia overnight, stock futures we could hit a new record on the dow. Remember, we hit records on the s p 500. Will today be the day the dow 30 does it . Stock futures are up more than 200 points a the moment as well. On that trade optimism that you referenced at the top, the asian markets up over 2 in hong kong and the nikkei in japan and the e