Chairman powell says this is not the beginning of a move downwards. Capital gains. Boosting the ratio and outperforming rivals and Equities Trading. The ceo says he will not let brexitange his plans change his plans. It is a question mark. We are not making changes of saturday strategy because of the exit. Prices slump. We speak to the ceo shell. Take a quick look at my terminal. The u. S. 10 year yield, the dip you can see right after news of the fed rate cut. At first, and investors were buying bonds and pushing down the yield. Then during the press conference, it came back up. It does not look like the market is convinced Jerome Powell will keep cutting. Clear in the press conference he never said this is the only cut. There could be more to come. Take a look at where we see futures trading. It is a down day. Drops yesterday. Futures up 0. 6 . Ftse futures falling by half. We see the aftermath of the u. S. Session. Selling over and asia. The japanese market cushioned a little bit be
Aggressive policy, stocks get a boost. Sellers deal. Ab inbev of is selling carlton united for a 11 billion. And an ipo of its remaining asian unit is still in the cards. And a downed drone. Oil snaps several days of losses after President Trump says the u. S. Has downed an iranian drone. Matt, good morning. Matt we are less than 30 minutes away from cash trading across europe and in the u. K. Take a look first at the 10 year yields. A big debate today about whether the fed rate cut, almost a foregone conclusion, will be 25 basis points or 50. As a result, the yield continues to come down. Up a little bit today. Still, if it is a 50 basis point cut, expect to see the yield fall further. Look at futures. European equity Index Futures pointing up. Dax futures gaining. Cac and ftse gaining also. the markets have faith in the original statements from william. The asian equity market getting a boost from officials despite the walk back. The market buying into the idea that perhaps there is
That gives you much better sense of where it is the dow slipped and s p declined and nasdaq lost 7. 4 because of an escalation of tensions in the mideast against britain, the United States and iran and before that the market was doing well you need to understand were about to embark on the busiest week of the year for industrial earnings we will be flooded with new information. If you cant handle it if there is some sort of congregation in the gulf, this might be the perfect weak to take your Summer Vacation on monday we have two important quarters we hear from whirlpool, the appliance maker and hall l halln if the latest reports and revolutionary guards, Republican Guard seize. They seize British Royal tanker. The price of crude barely budged for heavens sake. Maybe halliburton confirms what schlumberger told us this market is not the least bit excited about oil. The banks have told us that the consumer is flushed. We heard that the other day at bank of america but how flushed . Wi wh
Car crash that happened this morning around 5 00. See the back up, see where the flashing lights are, by the emeryville tower, oakland span tower of the bay bridge where this fourcar collision was. Two of the vehicles need to be towed out of the way. You see the back up across the span. Lets show you the map here. This is creating quite a back up. Not just to the toll plaza but beyond. East shore freeway through past powell, its congested and also westbound 580 as well. There is a new report of a crash. A couple of crashes, they popped up in this back up. One of them at westbound 80, it connects with westbound 580. Also another crash just before the toll plaza. Give yourself extra time if you can, maybe take bart or figure out some other way to get in to the city if this is your commute. This is our photographer keith, driving in that back up on westbound 580, not just that crash on the bay bridge but two smaller collisions reported west of the toll plaza and east of the toll plaza and
Santa rosa 52. City at 54. Below average even though jim came in above. The last week of june was very cool and first for five days are going to be similar as well with temperatures winning below average because of the slow which has been parked there for about a week continues to turn offshore that is sending in high clouds, keep the onshore breeze in place and temperatures are slow to recover and water temps went down. 5253 in San Francisco buoy, if this is your kind of weather this is your kind of week because temperatures are not going far. Most morning due to low cloud deck and onshore wind still in place and cost about 30 out of travis now southwest the 20 and will not going anywhere until after thursday, 60s, 70s. Good news or more issues . Good news. I will qualify that. Good news if youre in the bay bridge of that short commutes. Not great news if youre coming in from tracy because that is still going a new problem there to tell you about. This is westbound 588. Malt feel. Was