Daybreak europe. Im kriti gupta in london. U. S. Stocks poised for their biggest monthly loss, as the bond selloff defense, at the same time as the boj announces unscheduled bond buying. Euro area epi due later this morning, the next puzzle piece for the ecb, one day after german inflation plunged to its lowest level in two years. The uaw plans to expand its strike against detroit automakers. Over in washington, a Government Shutdown draws closer. A lot of crosscurrents around the world. Quick market check. We do know Chinese Markets are closed today. The rest are open and having a read through into futures action. Euro stoxx 50 was virtually unchanged, ftse 100 slight outperformance. Similar story looking at the futures and nasdaq 100. The narrative is the idea that you are not going to be seeing a ton of movement when there are so many unknowns. We are getting commentary on the rates story, earnings are trickling out, but all eyes on that Government Shutdown and what that might mean
Company announces a 1 1. 7 billin charge from the deep water horizon disaster and says Cash Payments for cases will rise to 3 billion in 2018. Shares in hugo boss jumped after they beat sales expectations amid strengthening u. S. Markets and robust online trade. And asian equities swing back as china fixes the one mid point at the strongest level against the dollar in two years. U. S. Futures point to a big open for the dow after a long weekend there. Good morning it is tuesday. You can see the handover from asia was strong overnight. Hang seng has made new highs up 1. 1 , on track for the highest close on record. We also saw good performance from nikkei up 1 in overnight trading. Topix had a decent session overall for europe the picture is more positive stoxx 600 up around 0. 1 lets switch into european markets and see how things are shaping up there ftse 100 is the laggard there. We get uk inflation data in a half hours time thats expected to dip a bit xetra dax up 0. 2 . Cac is flat
Trump and a couple of prominent fox news host at a fox news town hall. President trump sends a warning to iran tweeting if teheran wants to fight the United States it will be quote the official end of iran. Good morning. It is monday, may 20th. Im Yasmin Vossoughian alongside nbc News White House correspondent jeff bennett who is in for ayman mohyeldin. Republican member of congress becoming the first member of his party to call for impeaching President Trump. Congressman justin amash of michigan posted his conclusions to social media. Writing one, attorney general bill barr has deliberately misrepresented Robert Muellers report. Two, President Trump has engaged in impeachable conduct. Partisanship has eroded our system of checks and balances. Four, few members of congress have tread report. He went on to write this in comparing barrs principal conclusions, congressional testimony and other statements to muellers report its clear that barr intended to mislead the public. Adding contrar