Share for the rest. About 30 minutes into the trading day in the u. S. Abigail doolittle has the latest. Abigail we are off records for looking at nice gains, following relatively big declines for u. S. Major averages. Dow had the worst pullback on that fed rate hike decision since october 11. The reversal higher today with the dow at 6500 and nasdaq trading higher. Rightuts the dow 25,000 on the cable. Across Asset Classes to see what theyre doing in the wake of the fed, we take a look at the bloomberg dollar index. A little bit off the high, but the bloomberg dollar Index Trading at record highs. This comes on that rate hike. We look at the 10 year yield, interesting action. This is an intraday chart and we see it is wavering around even. The 10 year yield earlier hit a 2. 64 . Two point 64 now, it is trading around even, up one basis point but there are technicians talking about we could see a reversal. One technician in bloomberg says that 2. 64 is a fibonacci retracement and we lo
Speak and in the last halfhour tom keene interviewed Federal Reserve vice chair Stanley Fischer who weighed in on employment. We will be aiming and very likely close to 2 inflation and full employment, which somewhere around where we are now, possibly a bit lower. Jonathan joining us now is sebastien galy, Deutsche Bank director of ethnic strategy and from our european headquarters, speak,ek full of fed what have you learned so far that he did not know last week . I think what we have learned is the fed is really optimistic. The data has been ok, it is not than on fire and they recognize that. You have not preannounced something for march and they were not go into a march meeting and the market since then has repriced something between 223 hikes. Hikes. Two 23 the market is pricing some uncertainty between now and the end of the year something might happen. If there is a risk aversion event of the risk is to the downside to the market is priced almost perfectly. From our perspective at
And fight back. The people voted without knowledge of the terms of brexit. As these terms become clear, it is their right to change their mind. Our mission is to persuade them to do so. Jon guy johnson joins us now from london. Its a question i was asked this morning. What is he doing . Guy he thinks nobody is making the opposite case. Toys are in extent, he has a point. Theres very little that represents the people who voted remain. His tony blair the right person to be making this argument . Its very easy for Boris Johnson it because of tony blairs history of thinking about taking the u. K. Into the euro. He is an exceptional politician was anays speech incredibly wellcrafted piece of political speech writing. Is he is damaged goods in many peoples minds in the u. K. Jon he has the background to understand issues. The likes of tony blair will not make a difference in this debate. Who is his audience as he comes about the brexit situation and urge an uprising . Guy i think hes hoping
Attacks between donald trump and Hillary Clinton. You bragged that you have sexually assaulted women. Trump this was locker room talk. Im not proud of it. I apologized to my family and to the American People. Mrs. Clinton it is not only about it is not only these questions that he has also targeted immigrants, africanamericans, latinos, people with disabilities, p. O. W. s, muslims, and so many others. So this is who donald trump is. I think it is very important for us to make clear to our children that our country really is great because we are good. A divided we have nation because of people like her. Believe me, she has tremendous hate in her heart. When she said deplorables, she meant it. When she said they are irredeemable, to me that might have been even worse. I did not think i would say this, but i am going to say it but i hate to say it. If i win, i am going to instruct my attorney general to get a special prosecutor to look into your situation, because there has never been so
Here in europe just wants to know whats going on in the u. S. Tom a whole bunch of things to talk about. We have the fed meeting, the bank of england meeting, job state. I want to know why you arent doing a 4 00 a. M. Are you slacking off . Francine its the european way. I really dont know who sets the international clocks. There is always one or two weeks where the europeans go down in our. Tom this is what has ripped up the script all the way across the New York Times and every other paper in america, for our global audience all i can say is there is no other story. Will be joined in a bit just stunning what happened in the United States this weekend. Francine it is. People are transfixed. Lets get to the bloomberg first word with taylor riggs. Taylor the European Union side of Free Trade Agreement t delayed in belgium. Just injured was in belgium for the ceremony. The agreement will cut tariffs for eu manufacturers on hundred Million Dollars a year. The eu had to overcome objections