Im sara eisen along with Michael Santoli who is generously sitting in with wilfred frost who is also with us this morning, reporting live from london. Covering this weekends terror attack. Well have more from him in just a moment. First, lets check in on the Global Markets this morning. After u. S. Stocks made another move yesterday. They got a 1 gain or so for the week on stp. 1. 5 0 for the nasdaq. We start in the red just barrel. Dow futures down 6, nasdaq down 2. 5. S p futures down 1. 5 points. I want to show you crude oil prices which are rising still higher after saudi arabia, bahrain and the United Arab Emirates along with yemen all cut ties with qatar. Those countries are accusing qatar of meddling in their internal affairs and backing terrorism, increasing concerns about supply disruptions. Were now seeing 0. 8 move higher on wti surpassing 48 a barrel. The stock index dropping sharply, 7. 5 . Well take you to dubai for an explanation and more on the Market Reaction in just a
Believe this is happening in the uk. The funeral is held of martyn hett, a coronation street super fan, killed in the Manchester Arena bombing. Nurseries in england say councils are failing to provide enough money to fund Free Childcare for three and four year olds. Give that back and the mischievous minions return in despicable me 3 well get Mark Kermodes thoughts on this and the rest of this weeks new releases in the film review. Hello, good evening. Our main story at 5 its emerged that the cladding used to renovate Grenfell Tower was changed to a type which cost nearly 300,000 pounds less than alternatives. Documents obtained by bbc news show that officials originally chose a Zinc Cladding for the building, but then decided on a less fire resistant aluminium version. The cladding is thought to have contributed to the spread of the fire that killed at least 80 people. There is no suggestion a deliberate decision was made to cut fire safety, and kensington and Chelsea Council insists
Good morning to you from me as well. Good to be back. Great to have you back. A little wedding weekend in san diego. Checking in on markets after a mini rally yesterday sent the dow higher by 39 points. Oil firmed up. A rally is jen roycgenerous. Mini rally i said. A fractional day. We have mixed signals on the futures market. Dow futures up less than 8 points. S p down 1. Nasdaq futures down 1 as well. As for the tenyear treasury note yield, hovering around the 2. 35 level this morning. Inching up to 2. 36 on the tenyear. Do have some potentially market moving information today including adp read on private sector jobs. Ahead of the big jobs report on friday and the fed minutes. More on the markets in a moment. Rex tillerson will a terse response to north korea launching a mittal. North korea launched yet another intermediate range ballistic missile. The u. S. Has spoken enough about north korea. We have no further comment. The question is can anything be achieved on that topic betwee
Francine safety in havens. The dollaryen, 109. 61. We are now rolling over just a bit. The vix still steady but over 15. That has be fixed the vix breaking the 15 level. Gold softer after a big move yesterday. Oil on the front, 5 10 of 1 . Wrappedt is the markets up. Coming up on the program, guests including the eu commissioner of the economic Financial Affairs. Larry summers, the former u. S. Secretary and a ceo. David geopolitics continue to take center stage for business and markets today. Secretary of state Rex Tillerson meeting with the foreign minister in moscow and saber rattling over north korea. We are joined now by our National Security adviser. In new york, we have our chief washington correspondent Kevin Cirilli. Starting with nick, as i understand, the secretaries meeting with Rex Tillerson right now. What are we looking for . The u. S. Has low expectations for these meetings what they are hoping for is for russia to say we will think about it. The u. S. Proposal is that
Number one, mr. Speaker. Prime minister. Thank you, mr. Speaker. I know the whole house will wish to join me in congratulating on winning the premier title. Here, here. 5000 to one outsiders at the start of the season. They showed incredible resilience and a great team ethic. Mr. Speaker, this morning i had meetings with ministerial colleagues and others, and in addition to my duties in this house, i shall have further such meetings later today. May i start my associate myself with comments about the victory. The foreign secretary said theres a need for an initiative in dialogue to keep it alive. Will Prime Minister with drone strikes which have done nothing to bring about peace and redouble his efforts to securing political resolution to war to a new dialogue as recommended by the foreign secretary . I think we should do both things which is to continue to hit daesh terrorists because they threaten our country but at the same time do everything we can to support dialogue between oppos