Good morning a very warm welcome to Worldwide Exchange on cnbc im wilfred frost live in london this morning lets get straight to the market picture this morning futures pointing lower, quite significantly as welcoming off that fantastic rebound last week the dow was up 4. 25 it sits at 5 away from that late january alltime high last week was an impressive rebound following those turbulent weeks we had seen before that. The s p similar amount up last week, a similar amount away from the all time high. The nasdaq was an outperformer, up just over 5 . Its now 3 away from its alltime high. U. S. Markets were closed yesterday, while we saw a bit of a decline elsewhere around the world. Today playing a bit of catchup to the down side following yesterdays declines if places like europe and asia, but also perturbed by the higher yields were seeing so were down about 165 points on the dow the s p down 17. The nasdaq down 40 points. The tenyear treasury note, yields picked up on friday following
Market. Lenltds are a go. Airbus on hier plane deliveries. Booking a charge related to its military program. Good morning, everyone. Thank goodness, its friday. Lets get straight to Economic Data points. We just got the italian june unemployment numbers. It has jumped up to 12. 7 from 12. 5 in may. Another rise. A look at youth unemployment. Thats been worrying over the last couple of year as were just emerging out of the midst of the eurozone debt crisis. Even if the Italian Economy is recovering, were not seeing that through to the labor markets. The overall jobless rate, 12. 7 . Were expecting the euro zone jobless rate. That should hold steady at just over 11 . Lets go back to earnings. Frances biggest lender by ses t asse assets, bnp paribas. Lets get out to stephane who has been speaking to the cfo. The bank posted much stronger than expected earnings in the Second Quarter. A loss of 4 billion euros last year when the bang had to pay a settlement to the u. S. Department of justic
Good morning. Happy thursday. Im sara eisen here with mike santolli. Polls are open in london. Plus, it is throwback thursday. This week, were throwing it back with some songs from british artists. The clash can apply to a lot of these. Agree. But this one is for wilfred. Youre welcome. Lets get right to the markets this morning. U. S. Equity futures after a mini rally yesterday, a little bit of a comeback for stocks are higher again this morning. S p futures are up about 2 and nasdaq futures are up about six. Well watch the industry performance within the market this morning. Financials actually were on. Top of the pack for a change yesterday. Got a little lift in yield, some hope of deregulation and that fueled that sector as that has lagged behind, pretty much flat for the year. Oil, after a 5 slide yesterday on the back of a built in u. S. Crude inventories and gasoline inventories, a little bit of reprieve for wti after that slide. Its back above 46 a barrel. 46. 11. Up almost 1 .
U. S. Regulators open investigations into junk bond liquidation on rumors some investors knew what was coming. Good morning, everyone. We are looking at markets that are higher. Ftse 100 up by 1. 4 . Rebounding after yesterdays losses. The cac 40 also up by 2 . Were seeing a little bit of stabilization in oil prices but also a little bit of Company Specific news. Also i want to show you whats going on with the euro dollar because were seeing the euro dollar at a 7 week high. 11030 crucially above the 110 handle and thats because were seeing profit taking and the dollar. I guess the dollar is really priced for perfection. For the first time in a decade. U. S. Futures looking like this. Were expecting a higher start to the trading session. S p 500 seen up by roughly 10 points and the nasdaq up by 28. Nancy. Yeah, we have to keep this rebound we saw in wall street in perspective. It was the biggest volume day in almost three months with 4. 6 billion shares traded on the New York Stock Exc
Housing market, Interest Rate rises are ultimately inevitable. As long as mark carney pulls a shoe with his commentary in a gradual, limited process, we feel the market can deal with that. And missouris governor calls in the National Guard after tear gas is used in ferguson to calm protests sparked by the shooting of a black teenager by police last week. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Very nice to see you this morning. Plenty going on on the geopolitical front, no much on the market front, but lets look at europe. Every one of those rose represents a tenth of the market. 95 of stocks are in the green with only a small smattering to the down side. The netnet is that the european euro stoxx 600 is 1. 1 to the up side. Is that to the detriment of the individual bond markets . Well look in a moment, but the xetra dax, which has been so hard hit on concerns about exposure to russia is the best performing of those major intercre