In europe in this early hour, this has been our focus all week as concerns about the brexit rose. Weve been looking at weakness in european stocks. You can see in early trading that most of these shares are up by 1 . Dax up by 1 . Ftse up close to that. Take a look at crude prices. Crude under pressure once again and again this morning. Wti is below 48 a barrel. Sitting at 47. 95. Brent sitting at 49. 12. Lets get you through the big stories were watching today, it is another day and yet another survey on the brexit survey. Coming from comres showing that the poll remain leads, in favor of the uk staying in the eu which is recovery from 55 reported yesterday. On some of the polls, by the way, the margin of error, on some of these, is looking like 10 . Hard to make a judgment whats going on. On the economic front, prices expected to rise. 3 . The fed announces its decision as we said 2 00 p. M. Eastern time. I laugh, because we know what the decision will be. And we will look for, as jo
We are seeing the euro at 110. Things have appeared to calm down a bit. What about the oil markets. Crude oil rising yesterday and looks like it will rise again today. We are seeing crude oil up 57 cents a barrel to 48. Yield on the ten year treasury note unchanged at 1. 45 percent. Get ready for Mortgage Rates to fall again. If youre a metals investor, youre up slightly this horng. Those explosions rocking turkeys largest airport last night. It appeared to be a coordinated attack with gunmen opening fire at Turkey International airport in istanbul and detonating decides bombs. Much of it kaugtd on video that has been seen since that point. Turkey is blaming isis for the attack. Joining us now, its great to see you this morning. Good morning. It feels like we are talking to you more and more often about attacks that are taking place around the globe. What do you think is happening in turkey. In is the fourth or fifth attack in turkey just this year. There were others earlier. The earli
Enough to hear what people attribute stock markets moves to. Everybody atrilktds it. The crazy stuff. The cause and effect. Thats no crazier. Hes not a trump fan, really, but his point is that since brexit t mark brexit, the market has been straight up. Its also koicoincided with tru getting the nomination. Thats his point. Although he talks about the social and situational risks of admitting that you were voting for trump. Holeman has been, at the end he says trump still has to convince conservatives that its okay to put their faith in him and talking. The fact a lot of Business Leaders are voting for him, but dont want to say theyre voting for him. Exactly. We might want to have holman come back. We dont need to debate it. People can have opinions. Everybody can have an opinion. You dont need to try to undercut his opinion. Unle. S. Equities trying to undercut the futures this morning. Dow open 7 points higher. S p 500 up 9 points higher. The nasdaq up about 28. 5 points higher. Wher
European equities on that historic day for the uk. We were just talking about this, the ftse 100 almost 6700. This index has recaptured its prebrexit highs and then some. The german dax still lagging. Italys might s mib is lower. Spains i bex is higher. There has been so much action lately. The euro hanging in there about 1. 10. The yen has been weakening again of course after the elections and bernankes trip and whether or not theres going to be helicopter money. Finally a check on crude oil. Yesterday the rally did the traders on the floor contribute to the rally we saw in stocks broadly. Energy one of the best performers. Today its moving the other way. Wti and brent lower. Which is by the way the best performer of the year. Up nearly 1 again at 2. 75. Todays economic agenda. Followed by the monthly federal budget and beige book. Kaplan and harker are speaking today as well. Young brands report earnings. Two prominent members of the fed making comments. Neel kashkari saying it isnt
European banks. This morning, things are shaking some of those concerns just a little bit. The dax is up. 75 . The cac in france up. 30 . The ftse is flat. Crude oil picked up. Pushed back above 40 yesterday towards the later half of the session and that did help stock prices. This morning, wti giving back about. 25. 40. 60 is like a c minus. Every time it fulls below 40 m people think ha is going on. We did get numbers on gasoline drawdowns. That helped some of the oil prices. Maybe the demand picture not as weak as people have been concerned. Well talk oil over the next three hours. Good morning, everybody. Also on your agenda today, bank of England Holding the policy meeting. Due out in about an hours time. The bank of england is expected to cut rates and could also launch a new round of quantitative easing so we could get some action around the boe coming up. In the meantime weekly jobless claims out. They are expected to hold right around 265,000. Then at 10 00 a. M. Eastern look