From there in london. The markets appeared to be settling down and we are joined by outstanding guests today. Led by bill gates. He would join us to talk about biotech and drug pricing. Alix cromwell we be joining us more regulatory hurdles facing the banks. But first, we have a slight rally on the table for today. Jonathan features are firming up about. 2 and the ftse is an positive territory and raising all of the post brexit gains. He dax is up as well i want to talk about what is happening in other asset classes. Boris johnson does not run and cable jumps, the pound a stronger marginally. We will discuss why. 1. 52 . Unchanged at we are heading for the strongest quarter for crude since 2009. To wrap up all of the stories, lets go around the world and check in with our Bloomberg Team for indepth coverage of our top stories. Anna redwood is in london on the race to succeed Prime Minister cameron. Julie hyman in new york on the last day of the Second Quarter. Lets begin right here in
100 day moving average. Alixjon no conviction. Mr. Delay comes down and says right is live around 22 . I cant imagine why, given whats happened in the past, the markets wont believe them. Alix we will be watching all market it isthe sort of like all quiet on the western front before the fomc. Jon with the exception of moves and equities in europe. The ftse marginally lower come up by. 1 . In the fx market, low conviction, lack of direction. Yesterday, turn it upside down and thats what youve got. Weaknesses make him a strength today. Yesterday,ness strength today. The rally in brent crude, coming down a bit today. Citigroup saying the opec fueled rally should give you a bit of caution. Of the yield curve on treasuries, that will be in focus as well. To your notes up about one basis point. Notes up about one basis point. ,he long end of the guilt curve one or two basis points. Some superlong that over in the united kingdom. A little bit of extra supply. Alix lets go around the world and
Also what is happening now is economic numbers. Consumer confidence coming in for the month of april. Julie hyman a rundown of that. From falling in april march to 96. 1. Economists were estimating. Durable goods orders earlier also coming in below estimates. So for those folks watching the fed, most people in the markets, this might give more fodder to the doves. In their statement tomorrow. Markets have increased, up by about one third of 1 . Earningse watching very closely. About 10 of all members of the they00 will report, if have not already. Very busy for earnings. Apple is the big capper after the bell. We see a concentrated in industrial, for example. For whirlpool. Sales increase in north america but saw declines in all other regions. Dupont raising its earnings outlook for 2016. Merge with dow chemical by the end of the year. 3m, not much change. That company also beating estimates in terms of earnings. Sales in the electronics and energy unit down by 14 . Us more aboutk to w
Of these winners that we now affectionately refer to as the fang stocks . Two Money Managers go head to head, one still likes and the other one says maybe time to look elsewhere. Two emerging market currencies that could have major implications for the boarder market. Why everybody should be watching them, ahead on closing bell. Lets start with this friday selloff, bob pisani on the floor here at the exchange. The bottoline is we are not getting any bounce at all. We opened we gapped down more than 20 points on the s p 500 and essentially we have been sitting at the lows all day. There have been really no significant attempts to rally and every time we have hit a lower low weve seen a little spike in volume. Five to one, seven to one, somewhere around there declining to advancing stocks, notably weak of course oil and oil stocks under new lows here, right across the board, apache, big company down 6 , here is exxon, the majors arent down nearly as much, down about 1 . Defensive names a
It is 6 feet above the grade of mr. Peters property and supported by the region that runs along the Northern Property line of mr. Peters property. Mr. Peters filed this appeal because he knew that the building and the department and the supplying department and all of the permit holders have addressed mr. Peters questions regarding the impact of the project on his retaining Foundation Wall. It outlines the project and does not address the reviews of mr. Peters retaining wall and foundation. And in fact, the plan was engineered without reviewing this retaining wall which is visible only from mr. Peters garage. And i have a picture of the wall. That is the wall and that goes on top. That way . Okay. Mr. Peters wants the permit application to reflect the impact that does not retaining wall is going to sustain from the amount and the effect of the additional load that is going to be created by this addition to property and if any. And but the depth of the excavation and the method whether