Bitcoin extending its bid slight, falling to around threemonth lows, below 7,000. Broadcom is higher, rising its takeover to 82 a share, but qualcomm shares falling after a Research Note says apple may drop the company in favor of intel for its next generation of iphones. Michelle will join us in a couple minutes its fast money trader guy adami, who will be with us for the entire show, but well begin, as we obvious do, where the action is, with bob pisani. Hello, tyler, quite a yoyo of a day traders are trying to figure out the bottom where to look for it in a market bottom first. Sellers are exhausteds, you want to see the selling stop and then if buyers have some kind of interest i would say right now were in an indeterminate moment. They tried to rally, but there really wasnt enough buying interest and then we drop below the low of the day, and then saw volume pickups for most of the etfs that are out there. Now i think you see a small attempt to rally, and then move back down here
And the spanish bond market, 1. 67 is how you print on the 10 year and a good rally in the ibex up 1. 5 . Highlighted dollaryen because japanese stocks are at the highest level since 1996. Crude i wanted to highlight as well, up 4 10 of 1 . They boosted Oil Demand Estimates as the Global Economy we hear that from all of the Major Players in the oil space. They do see less call on their crude. Actually, sequentially higher their crude, 32 Million Barrels this year, 33 Million Barrels next year. David it is time for the morning brief. We will hear from imf managing director Christine Lagarde speaking at the annual Membership Meeting of the institute of International Finance at 10 00 a. M. Then we will get minutes from the federal open Market Committee meeting at 2 00. At 2 40 we will hear from San Francisco fed president john williams, speaking in salt lake city. President trump will go to harrisburg, pennsylvania today to address tax reform at 5 45 eastern time. There is news in europe.
We have the brexit show coming up, brexit negotiations over last week. Beopean stocks seem to pretty steady. There hasnt been that much move over the last five days. Study after yesterday. Concern that of the u. S. Tax reform plan is encountering stumbling blocks. Gains, asng back some theres not so much of a risk. You can see the vix index up 5 . Heres nejra cehic with first word news. Nejra President Trump has arrived in vietnam and delivered a speech. He said that washington will only make trade deals with countries that play by the rules. Not formally will meet with Vladimir Putin. There has been speculation that the president and his russian counterpart what cost talks today. Letident trump will not the United States be taken advantage of anymore. Put americagoing to first, the same way i expect all of you to put your countries first. The u. S. House ways and Means Committee has approved intervention of tax cut plans. Bill costs have been trimmed, while adding limited Liability Co
Check out crude oil prices, which went fuderwacken again yesterday, according to mark grant. Wti is up by just 1 , to 46. 36. Brent crude sitting at 44 th49. President trump abruptly fired james comey. Comey learning of the firing while speaking with fbi agents in los angeles. This morning there is bipartisan outrage as congressional members on both sides express concern about the sanctity of the Ongoing Investigation into President Trump and his ties into russia. Eamon javers has more on this continuing to develop story. Good morning. It was a dramatic and Stunning Development last evening as the white house announced that the president fired the fbi director. This is something that caught all of capitol hill by surprise. It caught all of the Law Enforcement community by surprise. It caught the Intelligence Community in washington, d. C. By surprise. Heres what the president of the United States wrote to the fbi director who is conducting an investigation into whether or not officials
Hildebrand, the vice chairman of blackrock, the Worlds Largest money manager. Then we have an exclusive with egyptian finance minister amr elgarhy. Stocks definitely higher, so they are gaining 0. 2 , dollar weakening, oil expanding gains. Our manus cranny on the ground in vienna. Eurodollar 1. 1243. Lets get to bloomberg first word news with nejra cehic. Nejra Police Investigating the manchester bomb attack have reportedly stop sharing information with the u. S. After leaks to the media. Gordon to the bbc, the decision over amid outrage information from the day brief appearing at the New York Times. Prima nasser theresa may will raise the subject with donald trump later today. Thees of violence across capital city of brasilia. Theviolence ratchets up pressure on the government. Opec and its allies are pleased to expand production cuts for another nine months after last years agreement failed to clear a Global Supply glut. We will be live from opec in vienna later in the show. The minu