Yesterday. David time for the morning brief. Apart from the all important fed a. M. Steven 8 00 mnuchin speaks at the independent Community Bankers capital summit. We will get adp Employment Data, the consensus for 185,000 jobs added last month. After the bell, it is earnings watch. Facebook and tesla will be reporting. Alix decision day for the Federal Reserve, the bloomberg surprise index starting to roll over. Sales, week core cpi, week march job numbers. Mckee. Shington, michael how does the fed a dress the weaker data we have seen . Michael they are going to have to mention the fact that the economy slowed in the First Quarter but they do not want to take june off the table and do not believe this will be a continuing problem so they will probably talk about it being transitory. They may mention seasonality problems we had. Tractornta fed, gdp now comes up close to the average gdp numbers we get, shows First Quarters have been terrible for the last couple of years, but look at tha
Launched an icbm for the first time. President trump tweeted that perhaps china would end this nonsense once and for all. And china willia be meeting. Chinas official news agency, trade between 33 inand china raised the first five months of the year. Further questions about Donald Trumps travel ban. The state of hawaii is challenging the enforcement of the order. They asked a federal judge to deny. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am emma chandra. This is bloomberg. Thank you very much. Those are the headlines. Lets look at the markets to show you where we are on the European Equity session. The fourth of july is celebrating in the u. S. This is the picture right now. 0. 2 at the moment. We have seen north korea digesting the carried out that icbm launch. Some strengthening. We have the dollaryen strengthening. Yields are weaker. Is a little weaker now. Stories, north korea claimed they successfully launched an
We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
We had a long weekend. Abigail they are getting back to work with more records. We have the dow, s p 500, and nasdaq trading nicely higher, hitting another day of simultaneous highs. Anyway you slice this, we are looking at very bullish assets. It is the best monthly performance since march last year, a continuation of the rally out of the election. Administrationp will reinvigorate the economy. Have a 1 move up or down for the s p 500. If you go to the bloomberg, the top orange line is a 1 move up and the bottom orange line is a 1 move down. We are on day 50 without the move in either direction, the. Ongest streak since july 2014 investors are waiting for more information before they make a bigger move with the s p 500. Have a somewhat stilted rally of rally ofgh stealth record high after record high. The fed in march, what it actually does for stock. But we are looking across asset class, it is a bit of a reversal. The bloomberg dollar index was trading higher by 4 10 of 1 . The 10 y
Coffers were looking at politics in the u. S. Firmly. This is what the data is telling us, you can see stocks in Europe Holding high. A global rally pretty much saying the same as yesterday. It did pick up speed a little bit. Concernedares were about what is happening in north korea with the artillery drills but that also did little to ruffle financial feathers. Gold down a touch as well. Riskonn the mood mood. Donald trump calling for tax cuts to individuals and lowering the corporate rate 15 . From plans to make public the broader lines of what he plans to change in the tax code with details left until late in the negotiations among officials from the treasury. Stepping downis as head of the National Front party in order to be the candidate for all of the french people. Facesve comes as she centrist Emmanuel Macron on may 7 in a battle between nationalism and globalism. Norons candidate says he is clear policies, he would be here for you are good for europe. In other of unsold london