The hardliners of iran. It is an unusual coalition. Olivia Vice President joe biden called the letter beneath the dignity of the senate and sends a signal that the president cannot deliver on americans commitment. Oil shares up 9 after a shakeup of the top at the top of bank american. Brady dugan will be replaced by prudentials Tidjane Thiam. He is one of the few leaders of a global banks to have survived the financial crisis and the many scandals that followed. Brady dougan European Finance ministers are warning that time is once again running out for greece. They want the greeks to open their books and follow through with their pledges to reform the economy. Greece is in danger of running out of cash this month. The leaders do not want to give greeks more money unless they deliver on promises made two weeks ago. Apple bets their first new gadget in five years will get customers rushing to stores. They finally released full details for its new apple watch. It offers health and fitness
Releases its minutes. This is Ben Bernankes last meeting. We will see if they had champagne. Maybe they had a party, we will find out. Its about the handoff. What happened inside the fed and what was the conversation as chairman bernanke he was handing off to janet yellen . What else do we have . We have earnings before the ball from carlisle and him jim resorts and six flags. After the bell, tesla along with marriott and avis. President obama is traveling to mexico for trade talks with the leaders of mexico and canada. Treasury secretary jack lew will speak today on the economy in San Francisco. Its a very busy day. Lets do a data check we have elevated hydrocarbons. The next screen shows us Foreign Exchange. Golub will join us with a hugely bullish call in this hour. R. On the bloomberg terminal, its the ruble basket. The 2008 with a weaker ruble and this is good news for Vladimir Putin and this weakness of the ruble is really breaking out to a new level after a 2 billion transaction
No one expects any change on rates. What will he say about the future . French markets are closed today because thats the way they do it in france. It is a 33 hour workweek. Nightent on twitter last about 1945. I cannot say enough about the Rick Atkinson book, the three volume. And then concentrate. Put it down and think about it. I read this about six months ago. George will did a great review of it. He is the only person ive ever known who can speak in paragraphs. Every time he opens his mouth moving on to Economic Data in the u. S. , it 8 30 a. M. Is the initial jobless claims, 9 45 a. M. , bloomberg and so bloomberg comfort index and earnings before the bell, wendys, dish, Liberty Media and after the bell, cbs, news a. M. , janet 930 yellen testifying today in the senate and yesterday was in the house. We will talk about that as well. We say good morning to all of you in london particularly at the london city airport. Congratulations to Maureen Maguire and all our team and bloomber
The nook. Crook. Ok with a let me just mention mcdonalds. Potentially third consecutive month. Four states go to the polls today. Vote onork, we get to the Party Nominees for governor. President obama is meeting with congressional leaders on how to deal with islamic state. Lets look at the clarity of the data check. The turn to the equity markets is all about currency this morning. We will address this through all of bloomberg surveillance this morning. On to the next screen. The fix. Vix. A little bit of angst on monday. Sterling continues to get crushed. Gold is doing a turn. Lets get some dollar perspective. This is the plaza in new york. Strong dollar. In this has been the persistent decade trend. Were at a critical junction. These are standard deviations. We dont discuss those in september. No one is talking about the currency war, but we are not ready to proclaim this an era of strong dollar. Everyone is saying we are almost at a critical junction finally. In other words, the lon
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