The lowest Unemployment Rate in over one decade and wages rising. This morning, i had meetings others inagues and addition to my duties in this house i shall have further meetings later today, this afternoon, i will travel to berlin to be chancellor merkel to discuss how we implement the decision the british people took any referendum and i expect we will cover a number of other pressing International Issues and tomorrow i will visit paris with similar discussions with their president. Can i warmly welcome the Prime Minister . Minister,the prime given her unwavering commitment to deliver economic stability and National Security in our United Kingdoms interest, that she welcome mondays vote in this house for the program . That ensures economic stability and National Security remain the Guiding Principles of her tenure ship tenure ship . Can i think my honorable friend for his kind remarks and can i join them in enthusiastically welcoming the vote that was taken in this house to renew ou
Prepared is the market for a hike . Financials are the only sector still in the red so far this year. Were going to talk to barclays banking analyst about where theres some opportunity. And our new Digital Series binge launches today. We talk to marquee names in the world of media for an inside look at whats driving our binge culture. Well give you an inside look at what to expect. First up investors focused on speech today set for fed chair janet yell. How the future impact Interest Rate decisions if you listen to some today maybe the chop in the data doesnt necessarily dissuade them from a june move. No, not one month at least doesnt dissuade them. I think the question has to arise exactly how much more data are we going to get before the july meeting that would actually give you assurance that it isnt the beginning of a trend. The fact that markets took it in stride relatively speaking, at least the stock market really just held in there, buying panic and treasuries of course. They
Futures seem to be negative. In a repeat of yesterday, down in the european session about dow. Points on the then we come back up as things start to unwind. Be interesting to see. Kicked back nicely yesterday. Pause or are we seeing a rotation or minitemper tantrum . That. Ll be dissecting we have some great guests for tabckling the feds. Scott e joined with minors. He will reveal his big call on year note. Plus, later were going to head buenes ares. But first, youre standing by to market. The it felt a little bit down this morning but except you look at commodities. Governors brainards speech. Struck by her. Ne they were. Wasfollow through to europe as follows. Three days of losses. We snap that up. Yesterday, a softer dollar session. Little reverted just a bit with the bloomberg dollar index up by quarter of 1 . Happening on the cable rate. Down by half of 1 . Inflation in the United Kingdom came below estimates. Downside surprise potentially the door if they so wish to cut rates aga
Mylan filing and pushing the nasdaq lower into the close. This is the outrage over the companys price hikes intensifies. For more, lets bring in meg. Hey, melissa. Washington really ratcheted up the pressure on mylan over these epipen increases today. This coming in succession of different areas of the government. Hillary clinton putting out a tweet this afternoon saying that epipens can be the difference between life and death. No justification for these price hikes sign iing it h. That means hillary herself was involved in that tweet. Then the white house weighing in. John earnest, he responded by saying while they cant second guess mylan, these kinds of price increases can raise moral and ethical questions. Pharmaceutical companies that often try to portray themselves as the inventors of life saving medication, often do real damage to their medication by being greedy and jacking up prices in a way that victimizes vulnerable americans. Finally, a letter being sent from the senate age
Cac in france up by quarter of a percent. Check out crude oil price. Crude oil down by 16 cents. 43. 14. Big news is whats happening in georgia and atlantis and other markets where they are having difficulty getting oil or getting gas to the pump. Its been shortages for a lot of drivers showing up and much higher prices for some of those drivers. Thats a story were watching very closely. Lets get an update on the man suspected of setting bomgs in new york and new jersey. Ahmed khan rahami is being treated for gunshot wounds after a shoot out. He was spotted yesterday sleeping in a doorway of a bar in linden, new jersey. Two officers sustained minor injuries after a gun battle. Rahami was conscious as he was loaded into an ambulance. Investigators say at this point hes the lone suspect in the case. Hes a 28yearold naturalized u. S. Citizen born in afghanistan. Hes been charged with five counts of attempted murder of a Law Enforcement officer and more charges including terrorism are expe