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Transcripts For CNBC Street Signs 20240714

High ahead of what could be a major storm of americas Hurricane Season 1. 4 million on the table, which also races its guidance, sending shares to a threemonth high and three shares sink after they cancelled the 4 billion listing for its uk live business from institutional investors. Big news out of waux d. C. Where Federal Reserve chair has said cross currents have reemerged. And that they will quote act appropriate. There will be a rate cut july Meeting Minutes from the june meeting, they showed there was an increasingly strong case for rate cut in his testimony in Congress Powell said issues may negatively impact future growth. We see the economy as being in a good place and were commit ood cruising our tools to keep it it there. As we discussed the overall economy is performing reasonably well but what we call cross current currents principally trade developments and we see these and sniffinant partis it. Ssaw that as weighing on the it outlook and calling for posabl more accommoda

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London

Transcripts For CNBC Street Signs 20240714

Objective. President trump continues his state visit to the u. K. Playing down dirchfferences over huawein promising a great postbrexit trade deal. The United States is committed to a phenomenal trade deal between the u. S. And the u. K. There is tremendous potential this that trade deal i say probably two and even three times of what were doing right now. The imf trims its 2019 frost for the chinese economy saying more policy easing could be called for trade tensions escalate. And hedro trades near the top of the stock after the aluminum producer delivers better than expected First Quarter profit and signals production is closer to capacity good morning, and a very warm welcome to street signs. Weve got fresh data coming through for the euro zone. That is the final composite pmi numbers as well as services. Let me bring you what those numbers are. On the composite number, the final pmi has come in at 51. 8 for may. That is slightly better than the flash estimate of 51. 6 it also is hi

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