Alix bunge crushed it. Carlisle group was kind of interesting. A lot of shareholders have been pushing for it. David they are making it much more transparent, where everyone else seems to be going the other way. Including ing they are getting included in a lot of indices because of it. Alix it is still going to be a soggy day headed into the fed meeting. S p futures up by four, eurodollar flat. The outlook not good, but the currency market not really moving on that. Crude up 7 10 of 1 . That is a geopolitical risk story. It is going to be basically put the pause button on until 2 00 p. M. Unless you are trading individual stocks. David thats right. Kawa andined by luke vince cignarella. The fomc will announce what they decide to do. It feels like Everybody Knows whats going to happen, one cut of 25 basis points. The question is what comes next. Vincent everyone thinks they know what happens. This is the fastest few minutes in five in finance. At the question is is beginning of quantita
Nejra welcome to surveillance, with another record on the s p 500 yesterday. We could have another flat day. What will earnings bring . Thanksunderperformed underperformed banks underperformed. The fed decision is a big focus point at the end of the month. Yearrday, we saw the 10 bund yield dropped the most in four weeks. Edging up a basis point. Coming up, great interviews for you today. The acting managing director of the imf, david lipton at 10 a. M. London time. We begin with citigroup vowing to keep cutting cost despite managing to save more than expected. Trading revenue dropped 5 , Investment Banking slumped 10 . The chief executive says this year it aims to return 12 on tangible equity. Nancy pelosi says the house will vote on a resolution condemning President Trump for his attacks on four female lawmakers. Says the comments wont distract them from pursuing their agenda. Have beenents tweets widely condemned. If you are the leader of a great multicultural, multiracial society,
Lisa but interestingly, they also took down their loan loss estimate, so that basically speaks to the strong consumer. The question is if wall street revenues dont pick up and trading volumes dont pick up, will it be enough to have a strong consumer to drive Bank Earnings Going Forward . David it is not just jp morgan. It is also Johnson Johnson. We got earnings from them, and they beat on earningspershare and revenue. 2. 58,spershare was revenue was 22 billion. It was driven by pharmaceuticals, but most of the queries will be about the legal complications from opioids and talchis asbestos in allegation. Lisa it will be interesting how they frame that. David we will have more on j js earnings later this hour with joseph wolk, Johnson Johnsons cfo. Climbing a little bit. The dollar getting a bid, and to year yields up just a basis point. David at 7 30 this morning, Goldman Sachs reports secondquarter earnings, followed by wells fargo at 8 00. At 8 30, the u. S. Releases retail Sales Num
Heading towards louisiana. Not pictures we want to see. David and it can really affect oil prices. A lot of facilities are closing, offshore platforms, and it oath course will reflect refineries. Alix we see people taking taking boatspeople down streets. Meanwhile, we have near record highs on u. S. Equities, trying to push higher to get back to those highs for the nasdaq. Euro gaining just a touch versus the dollar. 30 year yields unchanged after yesterdays really violent session, a real increase after a bad option. Crude prices climbing a bit on the storm and geopolitical tension. David it is time now for the mooring brief. Eastern,his morning ford and volkswagen will announce details on their big on electric and on most vehicles. On00 we get u. S. Ppi Autonomous Vehicles. At 11 00 we get u. S. Ppi data. Angela merkel joins Emmanuel Macron in paris. And we get important economic from china, including gdp growth. Now we are joined by rachel evans, who heads bloombergs etf coverage, an
The visit to stake out Common Ground in their struggles with President Trump. The u. S. Supreme court says a 40 foot cross can continue serving as a or memorial in a busy maryland intersection. Justices rejected arguments that the nearly one hundredyearold monument represents an unconstitutional government endorsement of christianity. The concrete memorial was built to honor 49 local men who died in world war i. Global news, 24 hours a day, on air and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Live from bloomberg world headquarters, im taylor riggs and for shery ahn. We are joined by our bloomberg and bloomberg audiences. Here are the top stories we are following. S p 500 is touching a record high. Chairman powells dovish delivery has fueled the global bond rally and boosting stocks. Setting up a day to go public. Slack technologies sword on day one and gives this company a market value of more than