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
Brent crude up to 55. 48. Okay. Breaking Global Market news some early news this morning. The Uk Supreme Court ruling against the British Government in a key brexit decision. The vote means the Prime Minister, theresa may, must get parliaments approval in order to trigger brexit. Look at the pound moving on a result of this. Youre seeing it falling there over a half percent this morning. A couple other big stories to tell you about, yahoo reporting better than expected results on the top and bottom line. The company saying the sale of its core Internet Business to verizon should be completed in the Second Quarter which helped ease investor concerns that the deal might collapse. The 4. 8 billion transaction was supposed to close in the First Quarter. We talked about it yesterday along with that news that the government was looking at yahoo and the fact it had not disclosed that breach earlier. Barclays turning cautious on apple. Downgrading the iphonemaker. The analyst is cutting apple
To brexit, we are joined by anna edwards in london. Two significant pieces of news. One really against the government and scotland and Northern Ireland will not get a say on the process. A this is a 97 page judgment handed down by the Supreme Court here in the u. K. Around 2. 5 hours ago. 97 pages here. The government will be trying to put something short and sweet in front of the u. K. Parliament. The lost their appeal at Supreme Court which means they have to put a bid in front of parliament. They will try to make it short so there is as little to object. O as possible heard from various parties in the houses of parliament that they will be looking to introduce amendments. That will delay the process. I just caught up with hillary from the labor party opposition. The timetable is still possible. That is what this is all about now. The timing and the softness and hardness of exit. Brexit. How many of the amendments will be able to influence just kind of brexit we get . The parliament
In the u. S. They were expecting 300,000. So 370 was 20 more. But last year in the same quarter they added 900,000 or 800,000. So wall street journal is making certain points. And then to almost double the bottom line when youre at hundred times earnings thats good but is it still pennies. What was the actual number . Pennies per share. Still pennies per share. Im sort of surprised the international, do they have the content around the world that people will pay for. They havent spent a huge amount of money yet on True International programming in the new languages and what it means is actually that american programming or u. S. Programming with ghienglish is working. They have a benny hill type show ready to go or monti python. Do they know the cultural . What youre finding is narco is working in a lot of places. Its working here and in south america and parts of europe. Its working. What does a billion dollars more spent on content mean in the number of shows and how many, how much n
We will have their ceo with us just before he goes on a conference call. Happened withat the failed coup on friday we want to see what the central bank ones are doing. They left their benchmark rate unchanged at seven and a half percent and cut their overnight lending rate about 25 basis points. We do have the lira depreciating slightly against the dollar. The Turkish Central Bank said it took measured steps for simplification simplification. The lira on the move to the downside. Lets get a check in on the rest of the market. Record highe fifth on the s p 500 in just under a week over a week. Future softer. The dax down by one full percentage point. All 19 Industry Groups on the stoxx 600 have been in the red so far. The ftse 500 down one third of 1 . Germany Investor Confidence absolutely plunging. The fx market, the aussie dollar getting absolutely whack. We have some minutes from the australia centralbank, very dovish minutes potentially setting us up for a rate cut. The dollar is u