Since i had a pool of you our european guests. Eleven years ago in two thousand and seven i have joined to putin i mean the deal police peace in you can kill place in view we must take all that many challenges ahead of us and make euro for the future stop being the ability security prosperity. Its for us and to us to say thank you. If not you can rise to this difficult task to achieve. The bargain voice to be heard locally and prominently in you tonight and in the next six months and beyond. Also coming up tonight britain and brags it calls to rethink the exit just got louder as breaks its ears but their hopes and i bask. Jan from scotland by the way that could of course be stopped with you in terms of how much you appreciate is that what weve got from why fantastic english cheeses that that which im sure will appreciate because weve got a huge market in cheese and what were trying to do hey we show that once we leave the European Union youll have some great products european style nev
Welcome to countdown. 6 00. Don, it is here and the sun is in the the sky. You have the commodity story havell us and we volumesed questions of and we had all of that with the traders overnight. Chart andhis on the we have a new sevenyear high. We had up to the 23rd of june and the referendum on the eu and we had three polls that we and 5 . Bout between 2 we had one that was a lot closer to that and it will continue to be all over the place. In and youthe run commodity inberg the bull market. It is a tortured run and citigroup is raising china demand and there are a number of facets in their. They have all but taken the punch bowl a way from june and july. Go to rosalind chin. Clinton has secured enough delegates to secure the nomination. Sanders has decided to stay in the race and force a contested convention. A former bank of Japan Executive says they should abandon the timeframe for action to avoid more drastic action later. Had policies that defied common sense and they have a lot
Caroline the war of words continuing, but i think getting the use out to vote, it has been so persistently about the economy. When will we see it and sent of is to exert their democratic right right . Poor, 0 ,ne looking no change, no growth for european retail sales in the month of april. The market is expecting at least. 0 0. 4 increase eurozone still not looking all that pretty when it comes to the data. Polarity of the consumer in europe versus a better consumer and the United States, Charles Evans coming up. Our first word news. Nejra the u. S. Labor departments monthly job deport do well later this month later today. Payrolls rising by 160,000 in may. That would equal aprils total but would mark a slowdown from average monthly growth of almost 230,000 jobs. British Prime Minister David Cameron denying accusations he is ratcheting up fears about the impact of a potential brexit. Last night he defended while outlining the potential economic headlines from a departure. We have to ne
And this thursday morning, it is kayla tausche, and jon fortt, and joining us is hep ri blodget. Tech is up 0. 75, and the nasdaq is still down 2 , and not that far off, henry, from nasdaq 5,000. Is this what is going on with the buy in may and go away. Well, we who own the indexes are happy about this. And looking at apple, we went through the period of where all of the bad news was priced in and now looking forward to the iphone launch in september, and lot of excitement about that, and probably not revolutionary or anything, but in the buildup of that, people are excited, and so i am not surprised to see the stock move. But it is about enterprise, and the ipos working and the consumer hanging in there, jon . Well, it is about the winners pulling away. I think that there is a lot of fear in february that the whole story about cloud, and the whole story about everything, and even smartphone, it was falling apart, but adobe touched the alltime highs today, and that is for me in tech is
Of average. Take a look at what this is doing to the markets at this point. Well, you know, weve we came back yesterday. You can see we are looking for a slightly lower open as of now. European markets already in session. And on the closing end of their day you can see kind of a mixed session over there. This is where we may see the most move is in the tenyear note yield. You might expect of course the expectation the feds going to move now in june has fallen dramatically. Will it even be july. There it is, the yield now 1. 72 . Weve been sitting of course a good 10plus basis points higher than that until this number came out. Weighing on the may payrolls of course were job losses in construction, mining and manufacturing. Even without that verizon strike, payrolls would have only increased by 72,000. You may recall verizon had 34,000 employees on strike. The Unemployment Rate though fell to 4. 7 . Now, that is due in part to people dropping out of the labor force. Average Hourly Earni