South carolinas house approves the removal of the Confederate Flag. We canneot b happy that we no longer have a symbol on our st ate house grounds. Computer glitches affecting one of the worlds Biggest Airlines and the New York Stock Exchange. Obviouslyt thagh caut my attention. In my business you dont love coincidences but it does appear theres not a cyber intrusion involved. Chinas market crashed this morning. Baltimores belief chief abrupted willly fired after a spike in crime. Southwest forced to make an Emergency Landing as one of the planes engines burst on television. You dont know what youre talking about. Donald trump as brash and defiant as ever. She was theor wst sec of state in the history of the united states. A daujer and father caught in dangerous rip current. Luckily they were both able to escape. The tornado struck several buildings. An 11yearold girl overcoming with gratitude when taylor swift donated 50,000 to help her battle leukemia. I think im going to pass out. A
He knows how to build hype. Commodity crush. Gold futures hitting their lowest levels since april 2010. Live at the nymex on what is driving this precious metal lower. Its the stronger dollar of course. Google on a tear. Have you seen this yet between the two classes of stock, nearly 20 million shares changed hands today. Growth in Youtube Business is top of mind after last nights earnings report. Weve got the cofounder of a Media Company that specializes in youtube talent. We had to brush up on our youtube talent to prepare. You should see the amount of money these people are making as talent on youtube. And the amount of clicks they get. The new york fed says the strong dollar could lead to a hit for gdp. Jan hatzius gives us his take on that the economy and latest forecast for the fed. Lets start with tesla and elon musk with his latest announcement. Phil lebeau has the ludicrous details for us. I know you want to go in the ludicrous mode when you get a chance to. These are all prod
It is just 6 00 a. M. In london. Guy Commodity Prices and what has been happening to the rba. Dropping a critical line. It is focused on commodity adjustment and how it is feeding back into the aussie. Anna just a few months ago, the rba talked about needing further adjustments. The currency is down by 35 . Now, we are seeing a little bit of adjusting. Guy this is the aussie dollar versus the dollar. You can see a nice little spike happening here. A little bit of context is required. Let me show you some different time frames. This is the one year. To give you a sense of the declined we have been seeing. And the fiveyear. Anna it is a hurdle for any kind of further rate cuts. Lets talk about this in a little bit more detail. The bank of australia has cut the key interest rates. Bloomberg juliet is standing by with an update in hong kong. Tell us the latest. Juliet a nice surprise today from rba. Rates are on hold. Where carefully watching the language in the upcoming statements. Bloomb
What will macron deliver on brexit . Really enominated derivatives from london postbrexit, but can chicago come out the winner . Interesting question, guy, one we will talk about today. I will put that to Wolfgang Schaeuble a little later this afternoon. Stocks,f, a look at futures, gains across the board after drops yesterday. Then a look at ones. Investors selling off the german debt. Only to a lowlevel. The zero. 253 is what we are looking at. At theump in the yield beginning of the session this morning, about a half hour ago. Now, that yield has come down to almost unchanged. On your screen, it is showing as unchanged because it only goes two decimal places. 0. 253 in the german bund trade right now as investors look to get more risk in their portfolios this morning. Guy matt always taking the extra step. Lets talk about the gmm and walk you around the world. Energy stocks have done well in asia overnight. You are seeing this tech story fading and little. Intow a big selloff friday
Lets have a look at where european equities are straight ours trading right now. European stocks dropping for the first day in five. You can see broadbased losses 1. 4 ,germany down eurozone stocks down more than 1 , spain lower as well. If we look at the epic space we fx dollar weakness space we see dollar weakness as well. After that Health Care Reform bill, the dollar at an 11 months low. The euro gaining against it. 1. 15 against it. Sterling weakness coming through after the u. K. Inflation data unexpectedly softened off 3 10 of 1 . In the fixed income space, yields coming down both in the core and the periphery. We are seeing gold bid along with the yen for todays session. Crude is at 48 a barrel. Digging into equities, it is what happening with different Industry Groups. Tech stocks leading in the losses. A lot of that down to ericsson. Perhaps some of that feedthrough, with what we are seeing in u. S. Financials. Materials also lower. Commodity losses leading the gains yesterda