Thisyou need to know on monday, futures advance through the hour. Upures up 0. 7 , dow futures 0. 2 . What i find fascinating is the centralbank action no one is talking about. It is almost as if the Central Banks dont exist in july. Jonathan it is just assumed that they continue doing what they have been doing. The ecb coming up this thursday. The focus is on the variable policy move. That comes from the fiscal authorities in the United States over the next month and in europe. European leaders meeting going into the weekend. Guest after guest lining up the hind a long europe view. Thats going to get the test this weekend. Tom part of the test is going to be the bank earnings. Lisa abramowicz, i guess we have a flat yield curve. I guess weve got a completely odd bond market. How does that benefits the banks . Lisa the answer is it does not. The flattened yield curve is negative for the banks because you borrow short, lend long. You are nothing for it. On the other hand, the low rate r
Tom lets begin our friday coverage. Here are top headlines with vonnie quinn. Vonnie they would have had real snow, where beijing will have to import snow. Representatives of the ecb, imf and European Union are meeting in athens with the cabinet minister. Tsipras made troika a dirty word during the campaign. There is a rebellion among members of his party. He told lawmakers today he never had time to lead greece out of the euro. Shares of linkedin are falling in premarket trading. The professional networking website forecast revenue. There is concern that linkedins growth is slowing down in its core business. President obama is warning that opponents of the nuclear deal with iran are putting the squeeze on congress. He held a Conference Call with allies last night and said supporting that it will be tough for lawmakers i can tell when they start getting squishy. A Top Lobbying Group is pressing for the deal to be rejected. And fitness fanatics cannot get enough of soul cycle. The chain