1. 5 . L one down the fed being a little bit harder on the credit card side of things. Guy we are waiting for that g20 meeting. We will be keeping in of it we will be keeping an eye on things in turkey, were president erdogan lost that Mayoral Election. Bond proxy stocks continue their incredible round. The dollar is down versus the euro. We hear from powell again tomorrow. Bid, 1406nues to be where we are now trading. Vonnie bitcoin above 11,000 right now, making a comeback it seems. Ins get more on the markets general, including how geopolitics are playing in todays trade. We are joined by ab emerging multiasset portfolio manager. Fedt the change in the tone has certainly supported risk assets more broadly. I think this is probably going to be a more constructive week going forward, but i think after the g20 meeting, it is more likely that people will be reminded we are in a slow growth, high volatility environment, so strategy set emphasize Risk Management and income are more likely
Ma mac, possibly some custom chips and well bring you key headline throughout this hour our own steve kovac is live on the ground at wwdc while rosenblats martin croquette and msnbc contributor are with me to discuss what the product means for apples bottom line with the event kick off as we speak lets get back to steve kovac out there in cupertino steve, people would be forgiven for thinking this whole thing is a headset unveil, but this is a developer conference which is paving the way for the new software for the next iphone and possibly macs that helped them gain a lot of market share during the pandemic. How important are those pieces during this event . Yeah. Incredibly important, jon. This is still some of the iphone companies and any updates to ios is incredibly important. What i will be looking for is around wallet and fintech, and they announced the buy now, pay later that sent shares of the firm down and they have huge ambitions for apple pay and there there was an interesti
Ahead of the open. Cloud sales growth accelerates the company also aims for spending more on a. I shares of starbucks under pressure theyre down after a decline in samestore sales it also slashed its forecast were going to be joined exclusive by starbucks ceo just a few minutes from now lets begin this new month for markets after ending a rough april with that selloff. Worst day since january 31st worst month since september 23. Some of it was because theres a belief that really, this happened in the last few hours yesterday that if the fed chief is asked the question, do you think that the next move should be increasing rates or decreasing rates, it puts him in a horrible bind . H what is he going to say . This was literally the narrative i heard yesterday as Interest Rates ticked up. You know that people are going to try to trap the chairman, but hes not easily trapped. No, hes not. Although youre not necessarily in favor of the press conferences, as i recall no, because these people
A draw dropping jaw dropping sale at christies. A 500 euros after peace by Leonardo Da Vinci 550 years old masterpiece by Leonardo Da Vinci sells. Can a painting really be worth half 1 million . Brent we are watching the clock tonight in germany. A decisive political moment could be at hand. The Political Parties involved in talks to form a new Coalition Government have just a few hours before a crucial deadline. A deadline who iron out their differences and going to government together. Failure could mean new elections. Chancellor Angela Merkel is confident a new deal can be done in what is called the Jamaica Coalition. The political partys colors match those of the jamaican flag. But she admits, there are some serious differences. Correspondent four weeks of negotiations passing the chances for a socalled Jamaica Coalition hover at today is te to put ourselves in the soe shoes of the other side and ask what is important to them. I believe we can achieve that and if we do we can achie
About this recount cnbc learns the current u. S. Tax plan features a 21 corporate rate as President Trump prepares to host senate and house tax negotiators at the white house. Fashion forward. Net profit jumps 6 for inditech as sales get a boost from 99 new store openings. Dixons carphones sales surge to the top of the stoxx 600 after theres a shakeup to the mobile phone Division Following a slump in first half profit good morning its wednesday its a bic day we have an action packed show for you. First one of our main stories, its fomc today. It will be Janet Yellens last press conference for her tenure. Lets look at how european markets are looking one hour into the trading session overnight asian indices drifted slightly lower the nikkei down 0. 5 a stronger session for hang seng the picture in europe is dim if you look at stoxx 600, the Overall Index is trading down 0. 1 or so lets look at individual european markets as you can see, its not a pretty day at all. Ftse 100, just below