And so well talk. No. Thank goodness, and lets talk about markets earnings. I want to know what hes fixing. Fixing facet. Lets talk about markets and the recordbreaking last week. Futures are pointing to higher ownership a 28 point gain on across the board after all three major market games finished in record territory on friday. Second quarter earning season kicks off in about two hours. City reports President Trump tweeting on the economy last night, were doing great economically as a country. Number one, despite the feds aint waited policy on raids and tightening room to grow. Mitch lets start with again the feds getting ready to cut Interest Rates based on all indications. So thats thats not tightening. But lets talk about earning season what do you expect because again, rip to, quote, ya a rip roaring market but you have earnings are expected to come in negative for this quarter. Last quarter same i mean for the Second Quarter, and negative even in the Third Quarter based on expec
Time for some sport, lets go to the sport centre, Gavin Is Standing by. The final two spots in the European Champions League quarter finals are up for grabs after arsenal and barcelona secured their places on tuesday. Borussia dortmunds game against psv was finely poised ahead of their second leg last 16 tie. Its 1 0 dortmund there in germany, with about 30 minutes gone. Jadon sancho with the goal. And inter held the advantage over atletico madrid, from their first leg tie. It is currently goalless there in spain. One game in the Premier League to tell you about its the rearranged fixture between bournemouth and luton town. Into the second half of that one and 0 3 luton. Tahith chong and Chiedozie Ogbene and ross barkley with the goals. This fixture was abandoned late last year, after Luton Captain tom lockyer suffered a Cardiac Arrest on the pitch. Luton are out of the relegation places with a win. Keep up to date with all the latest scores on the bbc sport website. Jurgen klopp says
Good morning, everybody. Welcome to street signs. It is uk inflation day and what we are seeing is that stirling is taking slightly higher after july inflation dates painted a mixed picture for the uk economy. Headline inflation came in at 6. 8 because you can see behind me, that was in line with expectations. But, both the core and services cpi numbers came in hotter than expectations. Jeremy hunter says the nation is not yet at the finish line in its fight against inflation as todays figure puts wage growth ahead headline inflation. The latest cpi print has overnight swap rates pricing and at an almost 90 chance the bank of england will hike rates again by 25 basis points at its september meeting and just over a 10 chance of a half Percent Inflation point. That is 50 basis point increase. Now, this is the reaction we are getting across the income curve today. Interesting. We have twoyear yields stronger on the day. 5. 10 is where we are at. 5. 1 . The markets are pricing in at this r
Ferro, Lisa Abramowicz and annmarie hordern. Jonathan lisa told me off last time we did this, lets get to the weekend. I will start every hour with that. Live from new york city, good morning for audience worldwide. It is payrolls friday, equity futures on the s p 500 positive by. 1 . The most important payrolls print since the last one, until the next one. Will a double down on the booming 353,000 of last month. Lisa we are positioned for heads i win, tails i win, ultimately no one is betting on a reaccelerating inflation growth and thats what we are expecting from the payrolls report. 200 k is the estimate this morning. Weve had the adp, the services component, the employment component. None of it was this big blowout upside surprise that we all feared a few weeks ago. I was going through this and every time i kept kicking myself everything about the data has been goldilocks. Its the reason why people are pricing out the idea of reinflating the economy or true real weakness either. I
The United Nations calls for a ceasefire in gaza, the white house rejects it. The democrats are divided on a ceasefire. Prohamas demonstrations on College Campuses and cities today again. Were learning iran proxies attacked american soldiers 14 times in the last week, some injuries. Blinken threatens iran with a decisive response. No ceasefire, a red line with iran, and today the president holds a news conference. Hell take questions. Will he backtrack on his israel policies . Find out at 12 30 eastern. The markets dominated not by the war, but by big tech earnings. A stellar performance from microsoft. Profits up, Cloud Business up, stock up 15 is at this point. Google going the other way. Down, what, thats about 5. 9, 6 , lets call it that. Thats premarket. Whats the problem with google in the Cloud Business falls short. Two big names report after the bell today, ibm and meta. Ibm walk as we walk up towards the numbers, meta is down 1. 80. Overall, a mixed picture for stocks. The dow