Of the biggest trade disputes in history. Tech earnings avalanche with microsoft, facebook, alibaba, alphabet, and amazon reporting. It is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Investors are betting on an expansion in corporate earnings. Asia up 8 this year. Let me show you the broader market. Let me give you a quick tour, asian equity session higher, led by the kospi. China down 1. 2 . To theto your attention Foreign Exchange space, the yen the study after the boj clarified comments on friday. Japan still getting its head around a stronger yen. Big moves in the swiss franc sanctions are expected from the united states, and in aussie dollar retreating from iron with losses in ore. , a squeeze concern on the supply side driving price gains. And showtch the board you the Energy Trades with brent crude specifically, still the years aslose in three hedge funds increase their bullish bets to a record high. Up. 10 year, we ha
To consider who we are as a people. Please bless all our citizens and those who would be citizens with generosity and discernment, that the National Discourse would be a wonder for the world to see and not a time of everwidening divisions. For the members of this wisdom house, we ask and patience that they might Work Together and through the differences that are all too familiar to a new vision of those qualities that might bring us together as one people. Finally, we ask your blessing on the people of texas, puerto rico, the Virgin Islands, california, oregon, washington and montana, all who suffer the ravages of extreme Natural Disasters. Comfort them and strengthen those who labor to bring relief to their hardships. May all that is done this day be for your greater honor and glory. Men. The speaker pro tempore the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1 the journal stands approved. Fo
If you go back to say 2013 and consider the until this year, the reasons why inflation was low are not hard to understand its a combination of slack in the labor market, declines in Energy Prices and strong dollar that pulled down import price inflation. So, whats important in determining inflation Going Forward is Inflation Expectations by some by many of professional forecasters those have been rock solid we do also look at Household Expectations which have come down some. Marketbased measures of inflation compensation as we mentioned in the statement, they have declined, and they have been snabl recent months, but they have declined to levels that are low by historical standards. That might suggest that Inflation Expectations have come down, but, when cant get at clear read, there are risk built in to inflation compensation that make it impossible to extract directly with Inflation Expectations are so, you know, there is a miss this year. I cant say i can easily point to a sufficien
And also a cnbc contributor. And a writer for your favorite newspaper, the new york times. There are some things from the federal reseventh. Reserve a lot of openings i l a lot of openings. And in three weeks, the president will make a decision on whether janet yellen stays or thats right. Usually the new president gives the old fed chief a a carry over. Hes a real estate guy. She has done well on starting the exit and she has done well in terms of her relationship with the president other people are eager, theyre being promoted from different circles, including up here in new york you look like the head of the he looks like he could be a ceo. Yeah. Thank mean, if thats all it took, you would be shoein same color hair as janet yellen 2529 on the s p did you see that yeah. Equity futures indicated higher this morning. Take a quick look at that. Overnight in asia, we did see positive news. There is this country up 2 on the s p. Dow jones indicated 4. Big gain yesterday for the dow jones.
Our unity cannot be shattered by evil. Gospel of john reminds us there is no greater love than to lay down ones life for a friend. The memory of those who display the ultimate expression of love in this unimaginable act of hate will never fade. Their examples will serve as an eternal reminder that the american spirit cannot and will not ever be broken. Train to the latest on the shooting in the search for a motive or may not. Despite strategy, strong day for stock prices. All the major indices closed at record levels yesterday and jeans this morning as well. Features up 30 points on the dow industrial. They look a european indices. German is closed for holiday. As you can see up fractionally moving. The nikkei average in the hang seng green at the other markets were closed for a holiday. Equifax is the former ceo said to be grilled by lawmakers later today as he outlines the response to the recent attack. Also, millions of more americans may have been affected. Fox business premiere li