Speaking in philadelphia, trump underlined his determination to mexicans pay the billions of dollars for the walls construction, adding that a meeting with the mexican president would be fruitless at this current time. Onoftentimes, theyd say television the president of mexico, and myself, have agreed to cancel our planned meeting scheduled for next week. Unless mexico is going to treat United States fairly, with meeting would be fruitless and i want to go a different route. Have no choice. Ahead more, lets straight to mexico city and speak to our correspondent, who joins us now live. Atasha, this is the latest in pingpong of exchanges between mexico and the u. S. , over this wall. Tell us more. Reporter well, before todays quite dramatic turn of events, this game of political pingpong over the wall had already been going on months, even after trumps controversial visit to mexico. Uring his campaign after after he left, there were nietong between president and trump about the wall. Its
Kongcurran is in hong wanting to know when the fed will raise Interest Rates. Matt miller is in berlin. Lets begin in greece. Finance ministers have reached an agreement that will allow aid to be released to ease the debt burden around the country. Marcus joins us live from athens. Aid disbursement means greece will not face a massive payment crunch to the ecb in the summer. Theres also some extra money that allows it to stopping down taxes are about to rise. Its not going to cause jubilation on the streets. They can expect a little bit of stability over the summer. Jonathan thank you. David are you wondering when the fed will next raise Interest Rates . Chinese officials will ask their u. S. Counterparts about the timing of the next increase. Curran in honga kong. When are they going to ask this question and where . Good morning. It shows how nervous chinas leadership is of the looming fed rate hike. Issuelan to raise this when diplomats meet as part of a strategic economic dialogue.
Coming up on thursday. David historic. Share thiset market check. Lets get you up to speed. Futures now higher this morning. S p 500 futures up about the exploits. Now futures up 33. A rally in the a rally in europe. Switch at the board to much longer dollar story on most of the crosses this morning. Dollar yen inching higher. Euro sterling, brexit spread, we will talk about that in about 10 minutes. At inches away from that 80 pence level on friday. Treasury yields up a basis point at 1. 78 . Lets get over to vonnie quinn for first world news. First word news. Vonnie more flights scheduled to leave the Brussels Airport a day after it reopened. Only three flights the parted yesterday. Flight schedule to the u. S. And africa today. Because of the damage caused by the attack, the airport can handle less than 20 of its normal passenger load. Investigators in europe say least what two members of the terrorist cell to the paris and brussels attacks are still at large. Officials tell the jou
Flat, fractionally higher from fridays close. The aussie dollar in focus today, a little weaker, . 76. Rva expected to keep it at 2 tomorrow, but increasing sentiment that rba has to cut. ,outh korea getting other way fractionally higher. Korean yuan down, but strengthening. Now, and5 online right this is the view. Futures had been pointing to a higher open, and now we are seeing a selloff. It is still strong yuan right there. Has finally got his hands on sharp. Chairman of foxconn technologies signed a deal for a controlling stake in sharp, saying he respects its innovation and leadership. Sharp shares surging in tokyo. Our tech reporter joins us right now. It has been a long, hard chase. Is it really over . Good morning. The money is literally in the bank. Transferred ¥100 billion to sharp on march 31, ending the chase. Finalizing the deal, a sale of ¥400 billion of new shares to give it full control. As the dust settles, the attention turns to the turnaround ahead. Angie aside fro
On what were seeing on major heat waves. Well be exploring the markets all afternoon for the next two hours and beyond. Lets get more now on todays slide from bob pisani on the floor of the New York Stock Exchange. Bob . Hello, tyler, and what were seeing is a little bit of a reversal of some trading trends, specifically around the dollar and also to a trading around the dollar. Modest rally. Look at the dollar index moving down all throughout the quarter here. The lows recently. Thats reversed a little bit today and some people are debating. The dollar may have bottomed and that may have factored. Energy financial materials were weak today. You know what the market leaders are. Energy financials and materials this quarter and a very specific reap. Those are cyclical stocks. Very specific reasons why cyclicals have done well this quarter. Let me show you the q2 trade, the trade everybody is doing. You have the weaker dollar and combine it with a stable china and you combine that with o