Th aussie dollar bond market remain unfazed, as the rba keeps rates unchanged, but warns further tightening may be required. In asia, stocks selling off. Bonds under pressure. Cleveland fed president Loretta Mesters has one more hike maybe in the cards this year. Jamie dimon warning the u. S. 10year could go much higher than expected. Can it go to 7 . The answer is yes. Are there factors that would drive it higher than where it is today, yes. Is supply and demand kaput . Yes. Kriti bank of england takes aim at the central bank forecast, predicting permanently higher Interest Rates in the u. K. Lets get right to the data because you will see action coming across futures. The theme of the day around the world seems to be a more hawkish tone for Central Banks. Do the markets believe it is the major question. Take a look at this a lot already underway in the futures market. A lot of this will be impacted by sentiment in asia. Euro stoxx 50 futures down 0. 8 , ftse 100 futures outperforming
Mark we will discuss that. And speaking in the nexty hour. And getting real on the rally. Our stock valuations getting [inaudible] says yes. Every bit of good news seems to be incorporated into the market rises right now. There is not a lot of room for bad news. Matt we are less than half an hour away from the european open. We will see how european stocks do this morning. Futures are pointing to a positive open. We do see green on the screen when we look at equity index futures. The interesting thing i think to look at his treasuries. We saw yields creeping up toward 2. 6 percent again today. I have a threeday chart of the u. S. 10 year and you can see we are almost there. Not quite at the level. 0 on treasuries. To computer is rounding up 2. 6. We know better. Tom keene taught me to go out four significant digits. They are significant. Lets see what is happening on the gmm. Wonder whether the bund is going to be the tail wagging the dog today on the treasury market. Keep an eye on th
Things right in the winter. Trading, 30ities minutes from the friday session in end. Stocks higher today after dropping for a third consecutive month, the worst stretch since february of last year with the index on track for a weekly gain after falling last week. Likex market is looking this with sterling rising against the dollar and these other currencies falling with bond yields gaining and commodities the final u. K. I data out of orders andxport domestic demand with Companies Reporting the strongest intake of new order since they were bolstered by the weak sterling, the currency depreciation. Also it is contributing to Purchase Price gains, accelerate for the first time in seven months but at a slower pace since the start of the year. Overall growth slowing in the first half of the year as Consumer Spending some boe policymakers calling for a rate increase to keep a lid on above target inflation. That is the data highlight in the u. K. Sterling in august, worst month against the d
Two attackers stabbed and shot people on a bus before one of those attackers was killed and the other captured. At about the same time, another attack at a bus stop in another part of the city. That killed at least one person before that attacker was shot and killed by the police. And the violence there in jerusalem continues today. Lets get to iran. That countrys parliament. The voter to support the nuclear deal. If you look closely in this video, youre going to see it in a moment. If you look closely, youll see members of the Iranian Parliament laughing and approving the deal. And selfinspections of Nuclear Facilities and gives them billions of dollars. More with that on our military strategist chris harmon, in ten minutes. They think they won. A tripledigit loss for the dow industrials. Were coming off seven straight gains. Of course, we ask the constant question, the dow closing at 171, will we hit 18k by the end of the year . Well answer the question, we promise. Look at twitter,
You remember the not ready for primetime players, dont you . Coke take as direct aim at soda by buying Green Mountain. New speculation is that pepsi may buy the home soda maker soda scream. Well talk about that. And which is the best buy . No coke and no pepsi. We will explain about that. And then, take a look at twitter stock now. Down 212 3. A stinker, if you will. Is this the big crack in social media space many have been waiting for . Well talk about that as well this hour. Busy hour. Tylers off today. Bill griffeth is my partner. Im back. Three sectors beeing the weakes. Today among the strongest. Look at that. Consumer discretionaries, and industrials, materials, that kind of volatility this new year in 2014. And now, of course, weve got the jobs report coming out tomorrow. At this point the consensus says well get about 189,000 net new jobs created, nonfarm payroll jobs in january. Jeff killer ke ke what do you think . Get in that number, well see tick up. You hit the nail on th