All of our kids are hard workers, right . They work, and we love to see it, and theyre doing a terrific job for our country. Ive come to the great city of pittsburgh to stand with people, and those people are incredible workers, and to show the world that america is back, and that we are coming back bigger and better and stronger than ever before, and were making our own product again, and were opening up our factories again. [cheers and applause] i mean, you take a look at whats going on where toyota is coming in and the other day you saw chrysler announce theyre moving from mexico back to michigan. You dont hear that too often. [cheers and applause] with a big, big, monster factory. Going to spend a lot of money. A the center of americas resurgence are the massive tax cuts that i just signed into law, and its also reform, but i usually just say tax cuts. People dont want to hear about the reform. Believe me, the reform is very important, we dont have to go into it. But the tax cuts a
Inventories build, but not as much as analysts were looking for, as 2. 6 Million Barrels as opposed to 7. 4. Bullish for oil prices, and as you saw him a picture of crude oil rising off the back of his inventories. Nejra heres how european equities are trading right now just under 30 minutes to the close of equity trading. It has been a day of red pretty much across the board. You canat wn go come see that down about 6 10 of 1 . Weakness on the ftse 100. 1 . Ibex in spain up 2 10 of down. Psey broadbased losses there. You got repetition of what is happening in equities here on the left. Greece a little higher up, he tenths of 1 . The euro has been choppy 8 10 of 1 . The euro has been choppy. The pound has a snapped four days of losses, now up to tenths 10 of 1 . Weve seen yields track lower along with the 10 year treasury yields. We were just showing wti. 7 10 ofude higher by 1 . Weve seen weakness in metals on the london metal exchange. You can get look at the euro, we are higher toda
At 1. 9s coming in billion. Investment banking revenue at 1. 3 8 billion. We will discuss later in the hour. Well get Goldman Sachs. David time for the morning brief. We will give you you as production data. The greek Prime Minister will be visiting the white house today. There will be a joint News Conference at 1 30 this afternoon. At 3 00 we will get an idea of how the fourth round of nafta investigations have gone on. President trump will deliver a major policy speech on tax reform tonight in washington. Thats coming up at 7 30 this evening eastern time. In the u. K. Data came out showing the highest inflation right in more than five years in september. Increasing the odds for boe policymakers to raise rates for the first time in a decade. Earlier this morning mark carney reiterated the bank expects inflation to peak above 3 around october. After the data came out the pound raced in advance. Hsbcrevised forecast expects the pound to reach 135 of from the initial call of 120. Now we
But really and meeting. Opening up society. What we were talking about just now, we met all sorts of women who were saying ive owned a car for a decade but i have a driver who takes me to and from work and i cant wait to learn how to drive lot are starting to learn how to drive but in terms of how the culture is moving. Saying publicly they are looking to are a more moderate society essentially. By the way more moderate form of islam this is not without controversy though im sure. There is a huge other side. Hes pushing through, trying to push through this transformation and theres economic, by the way the entire driving industry, you talk about drivers, because all the women most professional women have drivers every day what happens to the drivers . But theres a whole thing going on with all of it but that whole 500 billion Economic Zone theyre going to create, the whole new city in the middle of the desert with klaus. With klaus its amazing we should all go there in ten years from n
The shanghai up by half a percentage point in europe in some of the early trading right now we are seeing things a little bit mixed across the board. Ftses hanging in there up by. 10 of a percent. They are seeing pull backs by the dax down and the cac off by 1 3 of a percentage oint. Crude oil prices on a climb again last week where oil was up by just over 1. 10 this morning wti back 1 cent i take that back, its unchanged at 56. 74 lets tell you whats going on couple stories were watching this morning couple big ones. General electric is going to announce a major restructuring is going to happen today ge will focus on three or four units, aviation, power, health care ge is planning to shed its majority stake in oil and gas operator baker hughes. Remember that big bet that shedding . Shedding. Shedding. Like skin. John flannery expected to announce the changes at a meeting. Theyre getting out of it he got into it, now hes getting out of it. You build it up and you take it down were goin