May. Ease trade tensions. This is the euro stoxx 600,. 8 her, eurodollar 110. 2 1. 1024. 1. 78. S. 10 year yield up at theup, the president Info Institute for economic research. It is not having much of an impact on eurodollar. We will see what that means for the health of the european economy. Thatn Business Confidence 95, in line with continent estimates. Lets get to the first word news in new york city with Viviana Hurtado. Green to buy is a tiffanys for over 16 billion and the deal is for 3500 a share. Lvmh isnt as dominant in jewelry as fashion or cosmetics. The taiex gives it access to 160,000 hearings 160,000 diamond chains and the deal is expected to close 2020. Michael bloomberg is running for president in 2020, joining a mix of race and brings a moderate policies and experience and business. The 77yearold says President Trump is an existential threat to the u. S. And its values. Michael bloomberg is the founder and majority owner of bloomberg lp, the Parent Company of Bloombe
Time to pause before any more likely action. Allthere are big names topping earnings estimates. Shery will have an exclusive interview with facebook coo Sheryl Sandberg in about 20 minutes. Lets get you started with a quick check of the markets. U. S. Futures unchanged at the moment, slightly higher after finishing the regular session. Following a 1. 2 session low center chile announced they would be canceling the apec summit for the u. S. And china intending to sign that partial trade deal. During the presser Jerome Powell said the fed was nowhere near contemplating rate hikes again in the near future, so we had the nasdaq gaining. 3 in the dow also outperforming. Her positive news coming from johnson johnson, and that boosting the dow. It was critical come that interpretation of jay powell saying there would not be fed rate hikes in the future as long as inflation remains sufficiently low. Were set for moderate gains after the u. S. Hit fresh record highs following on the back of fed
October 18 futures indicated up about 50 points for the dow s p indicating to be up about six points all of this riding on the big number it is jobs friday expecting an increase of 75,000 none farm jobs and increase of Unemployment Rate of 3. 6 . The numbers are weighed down by the strike at General Motors those striking are treated as unemployed thats important to remember overnight in china, new data showed factory activity slank. Analysts expected it to pick up from last month. All of this raises the stakes for the trade war. Eunice yoon has more for us now. Thank you, becky. That official number was different from the private survey that came out showing factory activity expanded at the fastest pace in two years. It could be because the private survey tracks small and private companies as open toesed to large ones. China this morning proved to be a tech power house the goal here for 50,000 they keep on serving now with the 5g enabled phone apple is on 4g and the huawei phone is 10
Sides. Hello there is may day here in moscow youre watching international our top story this hour hundreds of people have been protesting in the central russian city of surat of after the strangled body of a 9 Year Old Girl was found they are demanding that the suspected murderer be put to death. It was. Was it was i. Was ok well lets get more on this now if negotiate an author who joins us eagle what further details and can you tell us well lets just focus as to what happened exactly on wednesday a 9 Year Old Girl lisa as she went to school and never came home and for about 24 hours there was no information as to about her whereabouts what happened to her or whether or not she was alright or not and so that wait that information vacuum that was what drove people to the streets because the 1st information they got about the girl was not from the officials but from local media sources and those were unverified reports suggesting that the girl had been dead that she that she had been kil
Negative situation when the trading day gets underway. That is a long way off for the moment. Nikkei feeling it. The hang seng, lower. Shanghai feeling that down drop. Lets get to those moving parts. The u. S. 30 year treasuries, levels we have never seen before. 1. 9. The whole curve is below two into the u. S. We have stronger than expected fors fixed gain. Is the message still continually one where we are seeing them sending this message out that the yuan is not a oneway bet . 11 days of declining. The new Zealand Dollar on track to go down to 62 u. S. Cents. Confidence to come out earlier on in 11 years. We will be hearing what is going on. We will be talking to this San Francisco fed president mary daily later on. U. S. Dollar against the pound, here we go, we have the have the last headline. We will have five weeks of that parliamentary debate. Some are saying they are trying to stifle a deal on brexit. Effect, thees in most viable option, i guess the most embedded on option righ