Course, the uk down ever so slightly. 10year note yield hanging around what has been and continues to be that lets call it 1. 58 level. Crude oil down after a move up a bit over the last couple days. Although yeah, weve been around the 46 level for a little bit. Its been a level where when we get to 50, a lot of the Oil Producers sell a lot of futures and thats because they can thats a lot of debt payments. They sell futures and capture. Get back to 40. And then you see more cessation of rig count but rig count up 30 this year. Low base. But rig count, its very big since the oil took out the 50 level that one day. Im sure well get to more on oil and gas a bit later in the program. Our road map starts with the last trading day of august, thats today. Its been a flat month. Things could be ramping up in september. Apples 14. 5 billion tax bill from the European Commission is stirring up a lot of global concerns. Were going to take a look at what may be far reaching ripple effects and the
Highexecutive pay. Coming up. The deal of the day, big deal 65 billiondollar merger. We will bring it to you. Cyber threat of american athletes, credit cards, we use them every day but a new study says most americans probably do not understand the contract because theyre too hard to read. What you need to know to protect yourself. In markets futures indicating stocks will open fractionally better this morning after another big move yesterday. In europe take a look at how the tone was set, rebound in the price of oil, in asia overnight declines across the board. Kospi index in korea closed for a holiday and all the stories coming up this morning. Joining me to talk about maverick cochair morgan and scott martin and former cia diligence president mike baker. Good to see, everybody. Morgan good morning. Maria a lot to talk about this morning. Definitely, the markets have been front and center this week, havent they . We went through this period a couple of months post brexit. So much on t
Decision just hours away. Will they or wont they hike . The ceo of mylan takes the hot seat on capitol hill today where shell be grilled on the companys epipen price hikes. What to expect today and the highlights from yesterdays heated wells fargo hearing. Shares of fed ex higher after better than expected earnings and raising their guidance. Well take a look at what drove that quarter. First up, the bank of japan surprising the markets by introducing a zero rate target for its government 10year bonds in an effort to stoke inflation. The boj saying it will purchase bonds if yields begin to rise, lend money at a fixed rate if yields move much lower. That all comes ahead of the feds latest policy statement at 2 00 p. M. Eastern time. Fed chair Janet Yellens News Conference half an hour later. Yen had a run and then the narrative began maybe this is an admission theyve reached the logistical limits of accommodation. Look, i find them flailing. I just find them look, they surprised because
Alix and we will be previewing that speech. Were going to speak with the chief Global Equity strategist in just a moment. But first, checking on the market heres. Calm, but overall no, big positions being put on ahead of riday. Jonathan futures doing ok. Equity market in europe they can d. A. X. Up agassi. 8 . Ftse up. 5 . He story in the f. X. Market is weaker. You see in the stronger cable rate, we have a 132 handle very briefly on the pound against the u. S. Dollar. In the commodity market, the retracement continues. Big week on w. T. I. We come in at. 9 on w. T. I. We trade with 4698. All the focus on treasuries still. 10year yields higher up two basis points. I will say though another auction, more supply. Thats going to be a focus 20 e twoyear notes are billion worth. Alix now lets go around the world with check in with more top stories with caroline. Could it be a 50 premium on before any of these talks started to be decimated . Its been a roller coaster for monsanto. But it loo
Several days after donald trump did the same thing, were going to take you live to louisiana and hear from the people themselves about how they are accepting his appearance, his visit. Are they appreciative . We will check it out. 400 price hike on the epipen, shares of a virtual lock on the life saving product. Were looking at that not to mention other stories were focusing on right now. Stocks are pushing higher. How high in the nasdaq its got close at 5262 to get into the books. The s p 500 is trading near record highs. The level to watch there, 2190 for the win. We have breaking news right now. We are minutes away, in fact, we already should have seen it to another tesla reveal. Elon musk cryptically tweeting that a tesla Product Announcement would come at 3 00 p. M. Eastern time. Well, its 3 01 p. M. Eastern time. Were watching and waiting. You know they are slow to start in california, watching and waiting and looking at elons twitter feed. Well get you the news the second its ou