A payroll tax cut to provide shortterm stimulus, pu sources telling cnbc the white house is far from ready to roll out the proposals and a number of Companies Cutting their dividends and Spending Plans guests this afternoon, the ceo of jet blue as the company pulls its guidance due coronavirus jim oneill joins us to discuss the Economic Impact and government responses around the globe and what to do with your money now. David herro will join us as we count you down into the close. 59 minutes left of trade joining us for the full hour, paul hickey and paul, you guys have been doing some research as to how key and how stomach churning this final hour of trade has been this really is the most important hour of the day lately over the last ten days zblsh repeat that. Most important hour of the day. Over the last ten trading days, weve seen an average move of 1. 1 in the s p 500. Weve only seen that five other times going back to the early 80s last 15 minutes of trading, average move of. 8
I think the project of the Founding Fathers of the e. U. Are very meant for us to live in peace. With one that youve got a bit of most of us doing before sentries for millenia if it were to humans in the middle ages and later weve always had had jim oneill aspirations in here up will be a thought and we have created a strategy that has enabled us to live together without any had to money or power as without hate in the need of large nations the smaller ones yes but we cannot say theres one dominant power of the runoff i think thats important there has never been a federal chancellor that led the way for the rest or french president that is important that is in the d. N. A. Off the field it is not a hedge ammonia project you know and this is a treasure weve created lets not forget that this is why weve lived such a long time in the peace and prosperity all continent has always gone through wards but for the last 70 years we have lived in peace. I do not want to lead of chancellor merkel
The latest. Dani definitely a mixed session. The stoxx 600 down. It is a macro heavy trading day between the u. K. Election, Central Bank Decisions and that the tariff deadline, we have traders on the sideline. Expandedy has really for sterling. Cable down about 0. 1 , but still trading at that 1. 31 handle. This is a conservative government priced in. Upside is really limited. We have seen sterling fall after the poll showed the conservatively it cut by about half and the concern is the Hung Parliament that would throw into concern the outcome of brexit. Some strategists have said that sterling may fall as low as 1. 22 if we do get a Hung Parliament. Brent down about 0. 5 tonight. We are seeing brent trade just under 64 a barrel. The aramco ipo hitting the 10 limit with shares surging so far today. Looking at some of the individual movers we have seen in the market. Jd sports is one of the biggest lacquers in the stoxx 600 laggers in the stoxx 600. Its biggest shareholder sold 2. 4 of
At 110. 18. Asian markets were volatile or a little mixed mother has to do with the trade war and how markets interpret whether we are closer to the deal. 1. 7u. S. 10 year yield at flat. Coming up we speak to jim oneill, former commercial secretary of the treasury, that kingdom conversation in just a couple of minutes. Lets get to the first word news in new york city. U. K. , the chief rabbi suggest people avoid voting for the labour party due to antisemitism, he says sanctions from the top. He is not calling on people to vote labour party, but he says british are concerned about a labour government, and the labour party says antisemitism has no place in the party or society. The president claims donald covered by president ial immunity, but he has been ordered to testify to the panel as it investigates, carrie lam isong, not offering any new concessions in her first Public Comment after prodemocracy forces won a landslide election. Lam is calling for dialogue in line with the plan sh
Into israel hours after a truce went into place. Hello im Maryanne Demasi in london with the top stories from europe including investigators probing the shooting down on the Malaysia Airlines flight in 2014 telephone calls showing close links between top russian officials and rebels and ukraine. And in sports as much cricket as sets returns of pakistan for the 1st time since 2009 acts on the host sri lanka 10 years after the Sri Lankan Team were attacked by gunmen in look. We begin this news hour with the global effort to defeat Foreign Ministers from more than 30 nations are in washington to discuss how to eliminate the group but on the other side of the atlantic turkey is sending more suspected i. So fighters and their families back to their home countries 7 german citizens accused of the longing to iceland in a short while ago another 23. 00 european nationals are expected to be deported in the next few days Officials Say just over 1200. 00 eisel fighters are currently being held in