Controversy coming up. Another rate cut to tell you about, mornings with maria begins right now. Maria wig but this morning, joining the conversation, dagen mcdowell, founder and ceo, liz peek, great to see everybody this morning. Good morning. Maria lots to talk about, also on deck, ihs, we are talking oil, entered a bear market. Assistant to President Trump for trading Manufacturing Policy pete navarro to talk china and the fed, check out the oped and the journal about that today. 3time mlb, mvp and 14time allstar Alex Rodriguez, arod, they discuss the sports business and podcast and all things baseball, dont miss a moment of it. A lot to talk about, another rate cut overnight this morning from the philippines, look at the markets of 67, nasdaq up 40 points. Investors shaking off the trade tensions and growth worries when all said and done yesterday with dow industrials down 22 at the lose, s p in positive territory and nasdaq up almost 30 points, Fourth Central Bank in 2 days cuttin
Senator Bernie Sanders and senator Elizabeth Warren at the debate last night tackling topics like Climate Change, tariffs and trade. You outcompete them and put chief manufacturing officer in place to make sure we rebuild the manufacturing base, we have to fill the factories, we have to fill them with workers that are making batteries, charging stations, making sure making solar panels. Senator warrens plan basically that she would put out we would not be able to trade with the United Kingdom. We would not be able to trade with the eu, its so extreme. Thank you, congressman. What the congressman is describing as extreme is having deals negotiated by the American Workers for American Workers. American workers want those jobs and we can build the trade deals that do it, people want access to our markets all around the world, then the answer is lets make them raise their standards, let their workers unionize, Environmental Standards before they come to us and say they want to be able to s
94 this is wednesday, july 3rd. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange. Im contest is a brewer. Brian sullivan has the day off heres how your money is setting up the day s p implied open is up ten points dow futures opening higher the nasdaq up 40 points. Yeartr falling back below 2 . The german bund yield has fallen to a new record low. The tenyear t note at 1. 953 . Shares of tell la are taki tesle taking off tesla popping up 7 the company reporting record deliveries and production of its electric vehicles in the second quarter, confirming predictions from elon musk in an email to employees last month tesla hinting at a strong Third Quarter saying it has a backlog of orders. Tesla delivering 95,200 vehicles, thats a 51 increase from the First Quarter and a 5 increase from the record from q4 last year. The overwhelming majority of deliveries were the model 3. Tesla says they will deliver 360,000 to 40,000 vehic 400,00 vehicles this year only an
In europe, also eagerly anticipating the jobs report fractional losses across the board with the dax down 0. 2 a check on treasury yields, we have yields, the tenyear specifically, the lowest level since november of 2016 1. 96 on the tenyear. The 30year at 2. 47. The countdown to the employment report is on. Forecasters polled say the u. S. Likely added 165,000 nonfarm jobs in june the Unemployment Rate is expected to hold steady at 3. 6 . If those predictions are right, it wont likely be enough to discourage the fed from cutting Interest Rates later this month. Well have a lot of predictions about all of this. A developing story off the coast of gibraltar British Royal marines interce interceptintercep intercepted a super tanker they believed the super tachktar was heading to a syrian oil rig. Iran has demanded the tankers release. U. S. National security adviser john bolton praised the move calling it excellent news. Wti is down a percent. And samsung saying its Second Quarter profit
Youre watching daybreak. Asia coming to you live from new york, sydney and hong kong. Were counting down to asias major market opens the top stories this hour. Asian stocks set to follow wall street lower as strong us retail sales signal rates may be higher for longer. Dollar strength sinking apac currencies to this years low decision day for the reserve bank of new zealand. With cooler inflation and higher unemployment supporting another hold. Plus, china said to mull cutting stamp duty on stock trades as defensive reaction to a surprise rate cut shows president xi facing more tough choices. Lets take a look at us. Futures now down. The stock market had kind of a tough day today. Were seeing now some green on the screen. However, just basically still pretty much unchanged. And in fact, the the feeling here was that retail sales in the us stronger than expected. Why wasnt that good for stocks . Because Neel Kashkari, part of it at least, president minneapolis fed says he doesnt think t