European equities on that historic day for the uk. We were just talking about this, the ftse 100 almost 6700. This index has recaptured its prebrexit highs and then some. The german dax still lagging. Italys might s mib is lower. Spains i bex is higher. There has been so much action lately. The euro hanging in there about 1. 10. The yen has been weakening again of course after the elections and bernankes trip and whether or not theres going to be helicopter money. Finally a check on crude oil. Yesterday the rally did the traders on the floor contribute to the rally we saw in stocks broadly. Energy one of the best performers. Today its moving the other way. Wti and brent lower. Which is by the way the best performer of the year. Up nearly 1 again at 2. 75. Todays economic agenda. Followed by the monthly federal budget and beige book. Kaplan and harker are speaking today as well. Young brands report earnings. Two prominent members of the fed making comments. Neel kashkari saying it isnt
Sharp jumping on rumors at changes at the top. The ceo set to resign after the foxconn deal. ,ollow me on twitter rishaadtv include trendingbusiness as well. China markets underway. Good morning. Asian stocks swinging today as investors weigh chinas move to cut its Economic Growth target. Afterse stocks falling capping the best three weeks since 2014. The nikkei down, but investors say the recent rally and japanese stocks will stick. Off ahead of a Rate Decision on thursday, another Rate Decision in new zealand. New zealand stocks currently unchanged. Up, energy asx producers leading gains with that rebound and oil. Oil just capping the best threeweek rally we have seen in , gaining 1. 5 per barrel, helped by speculation that a firming u. S. Economy and Government Data showing production is starting to fall. Let me take a look at the aussie dollar, falling 3 10 of a percent after climbing in the last few days. Andlimbed all last week defies forecast, rising Commodity Prices, falling an
With tom keene. Tom you have an optimist to keep us going. Francine mark carney. Employment figures and deflation. Onus Christopher Wheeler banking with those bankers coming out of the United States. Lets get to the first word desk. Here is vonnie in new york. The four challengers took on frontrunner Hillary Clinton. At one point clinton and Bernie Sanders does a great about wall street. It is the greed, recklessness, and the havey are a wall street where fraud is a Business Model helped to destroy this economy and the lives of millions of people. When i think about capitalism, i think of the Small Businesses that were started because we have the opportunity and freedom in our country for people to do that, and make a good living for themselves and their families. I do not think we should confuse what we have to do every so often in america, save capitalism from itself. Theie Bernie Sanders said American People were tired about hearing about her emails. According to the new york times,
U. S. Regulators open investigations into junk bond liquidation on rumors some investors knew what was coming. Good morning, everyone. We are looking at markets that are higher. Ftse 100 up by 1. 4 . Rebounding after yesterdays losses. The cac 40 also up by 2 . Were seeing a little bit of stabilization in oil prices but also a little bit of Company Specific news. Also i want to show you whats going on with the euro dollar because were seeing the euro dollar at a 7 week high. 11030 crucially above the 110 handle and thats because were seeing profit taking and the dollar. I guess the dollar is really priced for perfection. For the first time in a decade. U. S. Futures looking like this. Were expecting a higher start to the trading session. S p 500 seen up by roughly 10 points and the nasdaq up by 28. Nancy. Yeah, we have to keep this rebound we saw in wall street in perspective. It was the biggest volume day in almost three months with 4. 6 billion shares traded on the New York Stock Exc
The story there, the biggest acquisition by a Chinese Company. The Technology Grab as well. They are talking about gm products. Lets get more on these stories. Lets go to Caroline Hyde. Caroline chemchina has offered to buy syngenta for more than 43 billion. The plan to take over the swiss seed maker comes as the company extends its shopping spree. The allcash offer would be the biggest yet by a chinese firm. 30 crude is trading below a barrel again. Japanese shares plunged more than 3 in less than two weeks. Biggest twoday drop in almost seven years. U. S. Industry data shows crude stockpiles increased. Analysts are predicting oil prices will climb by around 50 by the end of the year. Crude will reach 46 a barrel 48 t will trade at 48 a barrel. Guy, back to you. Guy thank you very much. Less than half an hour ago until European Market opens here it opens. Take a look at where we think thats telling us it is likely to be half percent lower on the ftse 100. 8 . Ax lower by jonathan Japa