Alix and we will be previewing that speech. Were going to speak with the chief Global Equity strategist in just a moment. But first, checking on the market heres. Calm, but overall no, big positions being put on ahead of riday. Jonathan futures doing ok. Equity market in europe they can d. A. X. Up agassi. 8 . Ftse up. 5 . He story in the f. X. Market is weaker. You see in the stronger cable rate, we have a 132 handle very briefly on the pound against the u. S. Dollar. In the commodity market, the retracement continues. Big week on w. T. I. We come in at. 9 on w. T. I. We trade with 4698. All the focus on treasuries still. 10year yields higher up two basis points. I will say though another auction, more supply. Thats going to be a focus 20 e twoyear notes are billion worth. Alix now lets go around the world with check in with more top stories with caroline. Could it be a 50 premium on before any of these talks started to be decimated . Its been a roller coaster for monsanto. But it loo
The markets continue to flow with new highs. Anthony are investors ignoring a buzz saw on the horizon . We are joined by Gabriela Santos and dan shaffer. August was a soso month for stocks and september the worst month since 1928. Should investors be more cautious than they are right now . This has been a good few months and its justified by better Economic Data earnings going forward. As we approach september and talk more about an upcoming fed rate hike. We are telling our clients we dont have to be scared of a rate hike. A rate hike would and good thing because it means the economy is solid enough to justify raising rates. Gary anthony mentioned september and august. Can we look back at history where a market is so controlled by the fed, when we think about looking back and thinking ahead . I go back hundreds of years in markets. Put this into 1928. Thats where the Federal Reserve is now. They manipulated the markets during the 20s and it got out of control. In late 1928 and 29 lot
The markets continue to flow with new highs. Anthony are investors ignoring a buzz saw on the horizon . We are joined by Gabriela Santos and dan shaffer. August was a soso month for stocks and september the worst month since 1928. Should investors be more cautious than they are right now . This has been a good few months and its justified by better Economic Data earnings going forward. As we approach september and talk more about an upcoming fed rate hike. We are telling our clients we dont have to be scared of a rate hike. A rate hike would and good thing because it means the economy is solid enough to justify raising rates. Gary anthony mentioned september and august. Can we look back at history where a market is so controlled by the fed, when we think about looking back and thinking ahead . I go back hundreds of years in markets. Put this into 1928. Thats where the Federal Reserve is now. They manipulated the markets during the 20s and it got out of control. In late 1928 and 29 lot
Say. Nikkei did not lose. That would be war or something. Okay. Lets also take a look at europe. You see the early markets there. The dax and the cac are slightly lower. The cac is essentially flat. Ftse up. 50 . Check out crude this morning, this is going to be interesting. This comes after the largest weekly draw down in crude stocks. Crude oil was higher yesterday during the session. When that news was released after the close of the session, wti traded everyone higher in extended hours, up another 1. 8 to 46. 32. New data from the American Petroleum institute showed a surprise plunge in u. S. Crude stocks of 12. 1 Million Barrels. That would be the largest one week decline since 1985. Couple other big stories were watching this morning. Hewlettpackard noncore with british micro focus. Hp at 21. 98. This is all part of hp to try to focus on areas like storage and networking. Reporting mixed results. Firm oos Current Quarter Earnings Guidance met expectations in a program note. David
Can they sell enough assets and will there be the buyers to make the regulars feel ok . Jonathan some of the regulators have already given that deal the green light. Its a more concentrated industry. Alix we will be discussing this economy as well as the fed and investing strategies for a low rate world. Will be here. We will discuss whether the recent volatility is here to day with Julian Emanuel. Relativesn asia but stability in europe. Jonathan we have a day of gains potentially in europe with the ftse up. 6 . Not much action in the fx market. We are stable at 132. Data come so pretty much unchanged versus the previous month. Helping over in london. Up by 1. 26 . Credit growth in china making a comeback. In a bond market here we are. Coming in by basis point at the front end. We are set up for another big day in the markets. That 30 year treasury auction not going very well here in the u. S. Ares go around the world indepth coverage of all of those top stories. Megan murphy is in ne