China signals a broad u. S. Trade deal is off the table. Talks pick up thursday in washington. Hsbc cuts deeper. Another 10,000 jobs will go at the bank. European operations are said to be the hardest hit. Activists in hong kong call for more protests today as the city recovers from one of its most violent weekends yet. Good morning. Matt good morning. Less than a halfhour from the start of european trading, looking at the futures, sorry, the 10 year yield to start off the week. This is a threeday chart. You can see thursday and friday there. We came down a bit on thursday, but we have not moved down much further today. We dont really have a great clue as to the direction equities are going to take at the open in just about 30 minutes time. Take a look at the futures trade. Thats also mixed this morning. 0. 2 . Dax futures gaining cac and ftse futures down this morning. U. S. Futures are also falling, and more seriously across the board. Daye it could be a risk off after markets starte
We have details. And whistleblower speaks. Christopher wylie from the Cambridge Analytica scandal joins me. Highlevel trade talks picked up this week in washington after tapering off in july with no clear breakthroughs. Chinas vice premier was greeted by treasury secretary Steven Mnuchin and trade representative Robert Lighthizer before talks resumed thursday. The stakes were extremely high as President Donald Trump threatened to raise tariffs on 215 billion worth of chinese goods on october 15 if there was no progress. The Technology Sector paying close attention to those sessions as intellectual property is playing a prominent role in the negotiations. I spoke to someone from a firm who helps u. S. Firms protect intellectual property. Eric a fairly Large Company in china, just saw 100 million in revenue that files and protects intellectual property for clients that have previously mostly been in china and is now expanding into the u. S. Thats what we are doing here based out of bosto
We dig into the details. Digital currency regulation. Weighing in on whether Central Banks should be issuing their own guidelines on cryptocurrency. First out of story. Netflix reported earnings on wednesday. International growth eased investor worries. The streaming giant topped earningspershare projections. It new subscribers fell short of estimates. For more, i want to bring in our analyst in los angeles. Is it really the new subscribers overseas that are allaying concerns . Investors were clearly worried that netflix would have another bad quarter. They added a few million ittomers your than an spect investors expected another bad one. One i spoke to said that sentiment was awful. Yet they come in right around expectations. They nest in the u. S. But they were above internationally and that is where they have been telling people for years their future is. Its a sign of where netflix is going. They will have one of their worst years in the u. S. This year but one of their best inter
Its wednesday, october 2nd, fbn a. M. Starts right now. Hands on your waist and go. Get up, get up. Hands on your waist and go. Get up, get up. Lauren cheryl welcome to fbn a. M. And good morning. Im cheryl casone. Lauren good morning. Im lauren simonetti. Cheryl lets take a look at how your money is moving on this morning. This bright and shiny morning. Not so shiny. Dow is down 116, s p down 14, nasdaq down 45. Were going to get breaking Economic News later this morning. Adp jobs report is going to be coming out, private sector jobs, pmi, measure of manufacturing activity, that will be closely watched after yesterdays big miss with manufacturing data. Lauren worst read in 10 years for u. S. Manufacturing yesterday. That is chilling stocks worldwide, in asia down arrows, the kospi is down 2 in you south korea, china still closed for a holiday. Cheryl there is pressure on european stocks. We are waiting for Boris Johnson to officially announce an i ultimatum to the eu. Lauren we have d
This month on the social networks controversial cryptocurrency. We have details. And whistleblower speaks. One of the people from the Cambridge Analytica scandal joins me. On the riskslie ahead of the 2020 election. Highlevel trade talks picked up this week in washington after tapering off in july with no clear breakthroughs. Chinas vice premier was greeted by treasury secretary Steven Mnuchin and trade representative Robert Lighthizer before talks resumed thursday. The stakes were extremely high as President Donald Trump threatened to raise tariffs on 215 billion worth of chinese goods on october 15 if there was no progress. The Technology Sector paying close attention to those discussions as intellectual property is playing a prominent role in the negotiations. I spoke to someone from a firm who helps u. S. Firms protect intellectual property. Eric a fairly Large Company in china, 1600 people, just sub 100 million in revenue that files and protects intellectual property for clients t