Headline. I think that is good for american workers. Looking at the wage growth, and you are looking at the unemployment number, which is the bright news here. Remember, janet yellen said in a healthy labor market wage growth is between 3 and 4 . So we are just about there. As long as wages begin to rise towards 3 , they certainly are. And i think the fed is a slamdunk in terms of raising rates in december. This confirms a story that has been permeating the market. The data is Strong Enough and the fed has said they will tighten, therefore december is pretty much in the bag. I think people will rightly interpret that the fed can move. They will go in december. We think two and three times next year. Jonathan joining me around the table and new york is oksana, from j. P. Morgan Asset Management. George, head of american fixedincome strategies. Plus coming to us from edinburgh, luke, Senior Investment manager at aberdeen standard investments. I want to begin with payroll reports and just
Headline. I think that is good for american workers. Looking at the wage growth, and you are looking at the unemployment number, which is the bright news here. Remember, janet yellen said in a healthy labor market wage growth is between 3 and 4 . So we are just about there. As long as wages begin to rise towards 3 , they certainly are. And i think the fed is a slamdunk in terms of raising rates in december. This confirms a story that has been permeating the market. The data is Strong Enough and the fed has said they will tighten, therefore december is pretty much in the bag. I think people will rightly interpret that the fed can move. They will go in december. We think two and three times next year. Jonathan joining me around the table and new york is oksana, from j. P. Morgan Asset Management. George, head of american fixedincome strategies. Plus coming to us from edinburgh, luke, Senior Investment manager at aberdeen standard investments. I want to begin with payroll reports and just
It is down because net income declines and secondquarter operating income missed. An operating lost expected in the Third Quarter. Negative headlights as amazon continues to grow and powershares crippled to down a can someone percent. European banks in the spotlight in europe with lowball the theme. 70 increase in secondquarter profits for Credit Suisse and ubs, core equity tier one ratio the story which fell meaning there may not be a lob pass left over for a potential buyback. Eley banks still getting their house in order. Jonathan a man wearing the biggest smile with the stock up to several huge interviews on bloomberg tv, including from the Credit Suisse ceo and just daily, the berkeley berkeleys chief to. The republican attempt to scrap obamacare has collapsed in a earlymorning vote. John mccain and two other republicans. 48 democrats to block a strippeddown repeal bill and the Senate Majority leader pulled the measure from the floor and said it is time to move on, they would have
We hear from both ceos. Man group exclusive. We speak to the man taking charge of the worlds biggest publicly traded hedge fund. Dont miss the conversation with incoming ceo luke ellis. Caroline less than half an hour to go until the market open and great sense of earnings interviews. Futures currently a little bit lackluster, but we are trading higher. We are seeking overall were seeing overall an increase on the board. Apologies, i just got to scroll through to get you to the right screen. Were having if you technical glitches. Having a look at some of the asset, it is all about the bank of japan, the affect on the yen. Were seeing the yen. Dollar falling, yen trading higher. 1. 2 , but i want to focus on commodities as well. Worst month in a year for wti crude. Were seeing inventories pick up. Lets have a look at the key news. David ingles. David thanks, caroline. Hillary clinton says america is at a moment of reckoning and has belittled Donald Trumps claims that he alone can solve
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