Well. They move lower, too. If theres a bit of a bright spot today, it is in tech is that has dated positive numbers. All better than 1 . Energy is the weakest vector today. Keeping an eye there over the final stretch as well, 83. Thats a decline of 2. 5 . All of it takes us to the top of the table. Goodenough earnings begin in just a couple of days to send docs into a year ending runup. Lets ask dan greenhouse. Alternative massive out late strategist, hes with me once again in post nine. Rates have largely been cooperating in the last few days, will earnings . I think the answer is yes. I think this idea that earnings just need to be satisfactory or not is sort of secondary to the yield storage he just brought up. What i mean by that is, pretty clearly you have seen a relationship between the two since the end of july. Rates and stocks. Love the bank of japan, they all hit at the same time at the end of the month. That was essentially the peak of the stock market. Youve traded down ev
Donald Trump Campaign was in touch with russian officials who wanted to defeat Hillary Clinton. He revealed a former policy adviser has pleaded guilty to lying to the fbi about his contact with russian operatives. George papadopoulos is cooperating with prosecutors. Former campaign managerPaul Manafort and an aid charged with money laundering. And congressional tax writers considering a phase in for tax cuts. According to those familiar with the matter, they looked at a schedule that would slash Business Rates from 35 to 20 by 2022. The tax bill is that the be released tomorrow. And in spain, the Independence Movement in catalunya trying to find a way forward. Its a leader took off for belgium without telling senior party officials. They say he plans to seek asylum there. Majored has strengthened control of the Catalan Government and the Prime Minister has called for regional elections. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 coun
Serious about 50 year bonds will there be demand . We will talk about that. Climbing crude prices and continuing cuts. The dividend can be maintained without increasing debts. Lets talk about the markets and where we are. Yesterday, quiet. A takeaway from the u. S. Session. Close had a Single Digits for the banks. See, bloomberg as you can strongly up by. 6 . Europe opening up. 3 . Lets talk about what is going on more broadly. The show you what is going on here. A couple of interesting things to focus on. Lets start off first of all by saying the yen is down. That tells you about risk this morning. At 1. 09. Bid the French Election coming up. A lot to think about. Beyond that, that provides positive momentum for the currency. Lets talk about what is happening elsewhere. With iron oreon as well. A solid bit this morning by 3. 83. The metals complex quite interesting. Iron or rebounding. Now beginning to find a fair footing with positive trajectory. Here is the bloomberg first word news
Am guy johnson and paris alongside tom keene. It is crisp and cold all across europe and the u. K. It does make for a gorgeous eiffel tower. It is sparkles here in paris. We are watching the motorcade as it makes its way through paris with mr. Macron. Andt will be fascinating the different opinions we have heard about it. He maintained the enthusiasm and the optimism giving the harsh reality he faces from a divided france. Right now, it is not divided. We need expertise. John . N it is not a divided market and it has not been all week. We have seen your strength. Rength. Ave seen euro st the magnitude of the move, not much excitement. We are up one third of 1 . That may be where you see the most euro strength. Bid on the yen comes back out as well. Euroyen up. The story all week has been saving the le pen risk. Amazing. Tour boats are going by us. The waves are coming up almost onto the platform. The louvre is the most historic place, we all know it. It is the history and the fabric of
Am guy johnson and paris alongside tom keene. It is crisp and cold all across europe and the u. K. It does make for a gorgeous eiffel tower. It is sparkles here in paris. We are watching the motorcade as it makes its way through paris with mr. Macron. Andt will be fascinating the different opinions we have heard about it. He maintained the enthusiasm and the optimism giving the harsh reality he faces from a divided france. Right now, it is not divided. We need expertise. John . N it is not a divided market and it has not been all week. We have seen your strength. Rength. Ave seen euro st the magnitude of the move, not much excitement. We are up one third of 1 . That may be where you see the most euro strength. Bid on the yen comes back out as well. Euroyen up. The story all week has been saving the le pen risk. Amazing. Tour boats are going by us. The waves are coming up almost onto the platform. The louvre is the most historic place, we all know it. It is the history and the fabric of