A negative picture for the u. K. And labor economics does not necessarily tally with whats happening. We are getting some details on whats happening in the u. S. Housing market. We are dealing with that. This is a month on month number. Last month it bounced back strongly. This month the market was a 16. 6 number and we are ahead of expectation. Yearoveryear, we have seen this out of the come back. The last time it was at 10. 4 and we were expecting 2. 2 on that number. Expecting 12. 7. This is more positive. Alix but can we sustain it if we dont get sustained stimulus . Coming up, kevin johnson, the starbucks ceo will be joining us. And patrick will be talking about the tech hearings and what he has to say area to say. Peter is joining us now, nothing is expected today, but what can say to reassure markets that they are all in . Ritika not expecting a whole lot, peter not affecting a whole lot, but i think that the press conference will be important, certainly powell will have to addr
In dubai. F quite the riskon rally along these markets. Let me give you a rundown with stocks in the u. S. , with futures up. 7 as we speak, and this is given thee impressive climate. Monetary currencies are powering forward. Eurodollar trade at the highest since march 10. In terms of the bank space, we have the german10 year the german 10year, again, a lot of these haven bids. Barrel, you are looking at counterbalancing forces that are kicking in, even though they are revising their forecast to the plus side. Lets get to the first word news now and cross assets with leighann gerrans. Hi, leighann. Leighann good morning, yousef. Beijing is in a new position that drew a rebuke from china and added fresh uncertainty for businesses in the Financial Hub. Legislation,gned saying u. S. Officials responsible for cracking down on dissent in the city. Italy has set a course to nationalize controversial tollroad operator auto strata after all night talks on the politicallycharged issue. Taking t
Struggle just to keep up. Look. I think that all of these have one thing in common. They all believe that the future is a little bit better and a little bit faster to come than many of us believe it is rather remarkable to see a consensus overnight from companies that basically say, you know what . Darn covid full speed ahead that includes boeing boeing has what i regard as being a very bullish scenario involving good cash, involving the possibility of returning to much more flight in, lets say, the next year. And even after 1,600 flights of the 737 i dont think theyre going to call it maxx anymore i dont know i think were growing to have a hard time keeping us down today unless faang keep us us down because the hearings go badly. We have a couple of guidance. Ebay the other one that raised guidance. Starbucks had a lot of things to say analysts recommend stocks its an exciting time. In a lot of ways, youre with a tesla call it turns out tell la sla is goi be a big car company thats no
Looking at a life picture of the openest ware with San Francisco in the background and its a foggy day for many people to start. Although steve says its going to burn off later and well have sun and breezy conditions later on. By the way, the top floor of the eiffel tower has reopened for the First Time Since operation since closing in march due to the pandemic. A max of 250 people will be allowed to visit the top floor at one time. They will have to wear masks and follow social distancing guidelines t. First two floors of the eiffel tower reopened late last month following the monuments longest closure in history. Some things are reopening and closing down. Lets join the crew here mike filling in for gasia, its claw dean how are you . Hi, how are you . Gosh i dont feel like im going anywhere any time soon but i love the eiffel tower and ive been there once. I would love the day when we can go back and try to plan a trip like that. A loft americans right now, were not allowed in europe
The heads on the you know the sky skulls and spikes and all that stuff and you can see that the madness that we had the willard or the marlowe in the case of the Joseph Conrads heart of darkness character that weve arrived into this heart of darkness this mad death in the stars hurts filed for bankruptcy so obviously. The price so warners another look at that same chart the market summarized the 1. 00 chart chapter 11 Company Hertz is now worth more than before the bankruptcy what cheap money can do incredible oh oh oh yeah captain well are going up forever into the heart of darkness pursuing colonel kurtz who is in this analogy the central bank hes gone rogue his methods are on sound hes surrounded by heads on stakes as you mention and were artifacts and jungle creatures and of course thats the Balance Sheet of the Federal Reserve bank and Dennis Hopper is an acolyte hes hopping up and down talking about fractions talking on fractions you know what does that mean i think youve got som