Investors, waiting, chomping at the bit after the feds announcement on Interest Rates a little later. An Interest Rate hike is forecast. 2018 the expectation for and 2019 that will be in focus. The bloomberg dollar index, in the wake of the Alabama Senate election, falling today. Down by about 0. 2 . Crude rising ahead of key stockpile data. Marketsp, we will talk with christian nolting. With lapos elkann and Dennis Gartman. Sebastian the European Union againsted the u. K. Rollback on the agreement they have made last week. Michel barnier says britain cannot try to unpick the deals they made on friday. Still, europes leaders are planning to hand the u. K. A carrot for future relations. Former french president Francois Hollande says hes is a possibility for britain to strike a trade deal, but speaking exclusively to manus cranny, he cautioned that there are certain red lines. Eresident hollande a trad agreement is always possible, but it needs to be clear that it cant happen at any cost
These are your markets. We see a little pressure on the stoxx 600. In treasuries,. 0297. We will delve into that deeper and what that means for kuroda. We are getting breaking news. The conference number a touch below estimates. Look at the markets and it is not having them a seven impact. Coming up, the chairman of geo group joins us. We also speak with jeffrey you. , imtle bit later today excited about this interview. Conversation with the latvia governor. First, heres nejra cehic. Theresa may and colleagues will try to thrush out an agreement on what kind of trade deal they wont the European Union. It comes with just over 30 months until brexit day with may urgently needing to spell her blueprint. Meanwhile, the u. K. Has asked the eu for flexibility on the length of the brexit transition with a longer bridging face that phase. Bank of america is the first to commit his longterm future to the u. K. Even as the country depressor brexit. They have extended the lease in the london head
Failing to complete safety recalls. The carmaker will now be monitored. Welcome, good morning. Im caroline hyde. He has some breaking news from ubs the bank is publishing secondquarter results early. Lets get out to ryan, at the breaking news desk. Ryan 1. 21 billion is the net income, 53 from what they did last year. Thats better than what analysts were expecting. They expected something closer to 900 million, and the reason is private Wealth Management. Sergio armani issued triumphant earnings today, saying he was very pleased with how things were going. They cut costs and obviously revenue is coming in well. Capital rates shows the company staying above target 14. 4 . These numbers came out earnings came out over the weekend in the swiss newspaper and it left a lot of people confused. Ubs this morning said it also misled people and that is why they moved their earnings up. It is kicking off a very busy week for the bank. Caroline thank you very much. More breaking news lets kick it
Replace obamacare. Hospital stocks are leading the way, but insurers are outperforming the market and drugmakers, too, have been going up well have much more on the proposal and the impact on various stocks thats coming up in just a few moments here. Molina health care is one insurer really profiting from obamacare. How will the bill affectmanage cops like molina well have the ceo weigh in. And were pleased to welcome Goldman Sachs new president and chief executive officer Harvey Schwartz who is with us here at the New York Stock Exchange. Well talk with him exclusively about financial reform, the latest round of the stress tests which, by the way, are coming out a little more than an hour from now a lot to talk with harvey coming up in a little bit here. Lets begin though with the Health Care Stocks rising after Senate Republicans released their discussion draft of the bill Kayla Tausche joins us from washington with some key takeaways. Kayla. The discussion draft is seen as an openin
Some are coming in. 44 basis points, a big move this week. Sterling is a little bit weaker after the weaker confidence numbers. The vix is up 50 yesterday. Its the weakest quarterly average since 2006. Gold futures pretty much go nowhere. Is important Economic Data coming up at 830 a. M. Eastern. May, data is of being watched. Time, they are calling for little change to the preliminary estimate. At 1 00, investors will be watching the weekly recap. This is the longest uptrend in two months. Alix look at that. Ofy good Economic Data out europe today. A prudent call for approach to normalization. Thats a good sign. They want to see proof it it can be sustained. , we haverom london Michael Mckee from bloomberg. Do you see the reflation in the day that . Mike you do a little bit. Its hard to take anything out of one month. The Energy Prices are out of the european numbers. Inflation rose from the prior month. You can see it in the energy numbers. And only 4. 6 in may 1. 9 in june. You have