Why . Because of comments out of the delayed speech. Mark carney seemingly talking of holding off weight kite rate and weaknesses in domestic inflation pressure. This affects the u. K. Yield, so bonds are rallying. Up about. 1, but not seeing that correlation we usually see with the british pound. That seems to have broken down and barclays, down. 25. Four former executives charged of conspiracy to commit fraud. We will be taken that further as we go on. We have had a weaker day for the pound. This is on the back of england government saying they are worried about the impact of brexit on the economy and mark carney signaled they will not be rushing to raise Interest Rates. Given the mixed signals on Business Investment and Consumer Spending, and the inflationary pressures that are subdued and anemic wage growth, now is not yet a time to begin that adjustment. Francine joining us is , and they willr give us their take, simon, it seems as though from philip view,ds points of finances rea
Aides try it to style them back. It happened yesterday. He was asked about north ring remarks, saying his remark. I dont ink they mean that. I think its the first time they heard it like they heard it and frankly, maybe it wasnt tough enough. David that was the president yesterday. This to sayis had about diplomacy. The americane effort is diplomatically lead it. It has diplomatic traction. It is hitting diplomatic results. I want to state right there. The tragedy of war as well enough known. It doesnt need another characterization beyond the fact it would be catastrophic. David to take us how this is playing out, we go to our chief correspondence. Lets start with you. How is this in asia . Reaction is one led by the australian Prime Minister who came out strongly to emphasize their alliance with the u. S. President ed with trump early in his term. The newspaper reported the moving interceptors and the place. China should stay neutral if north korea provoke the u. S. Into war. Andhe u.
Right now. Good morning. Welcome to Worldwide Exchange. Im sara eisen with dom chu in for wilfred frost today. Good morning. Good morning. Busy already. Already, yes. Monitoring the wires from the uk. Well get you there in a moment. A check on Global Markets after another selloff for wall street. Not so sharp. Not as sharp as session lows. Those stocks look set to bounce back. Dow futures higher by about 16 points. S p is up 2. Nasdaq futures up less than 5 points. The tenyear treasury note yield, saw that yield decline by 7 basis points or so. Bouncing become a bit this morning. 2. 41 is the yield on the tenyear. First we wanted to get you that breaking news out of europe. The Supreme Court in the uk ruling against the government in a key brexit decision. The vote means that Prime Minister may must get parliaments approval in order to trigger brexit. As for the reaction in the british pound against the dollar. Lets show you whats happening you now. It was lower before. Its lower still
Exchange on cnbc. Im wilfred frost. Im seema mody in for sara eisen today. Welcome back from paris. Thank you very much. Great to be back. Great to have you alongside. Amazing to see how that French Election is still impacting marketing. Lets get straight to the market action. U. S. Futures, yesterday a big rally on wall street. Gains of 1 or more across the board for the s p 500. Dow jones aup 1. 2 . A relatively positive session in trade. Dow jones up about 40 points, nasdaq and s p also up. Financials up 3 . And it was that election result sunday night in france that led markets higher. European stocks clearly rallied more than the u. S. 4 of gains in france. 2 in london. They are holding firm today. Slight gains for the main indices. Nothing too massive compared to yesterday. The important thing is they are cementing the big gains we saw yesterday. It was also banks in europe that led the charge higher as it was in the u. S. Big moves. Socgen, Deutsche Bank up nearly 10 . Lets sum
Good morning. Welcome to Worldwide Exchange. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Lets check in on the Global Markets on this final trading day of the month. What a month its been. A strong one for stocks. The dow jones outperforming the s p, up more than 5 for the month. Futures indicating a higher open. Dow futures up 22. Oil has a lot to do with that, i would say. S p futures up 2. Nasdaq up 1 1 2. Yesterday the close was stronger, but just barely. A mini rally, not a full recovery from what we saw the day before. The russell ended yesterday lower. It has been the outperformer so far for the month. As for the price of oil, just mentioned some strength. Well get to vienna in a moment. Its been an actionpacked morning there. Some comments, positive ones from key members like saudi and iran helping to lift crude prices. Wpi surging 5 . Brent pore than 5 , 48. 91. Wti, 47. This after a selloff yesterday left wti below 46 a barrel. I put this 5 gain, the