We heard from jay powell. We will hear from him again today. The eurodollar, 1. 1278. There is a lot going on, not only about trade. Official taxes that france will vote on. There is a mood on what happened to euro depending on what we get from the ecb minutes that will be released after midday. We will watch for that and any movement on currency. Coming up, we speak with the sao paulo governor, he is joao doria. Plus we will speak to sheriff brown about u. S. Politics. Lets get to the work first word news. Deutsche bank is now being probed u. S. Justice department as an expanded investigation. The u. S. Is reportedly taking a closer look at a former Goldman Sachs executive who later worked at the german bank. Authorities havent accused which a bank of wrongdoing. Another federal probe, the u. S. Investigating frances plan to tax tax giants. Socalled 301 investigation is the same tool donald trump used to impose tariffs on china. Korear japan nor south has much political incentive to c
To their higher product pricing. They implement it higher product pricing to mitigate the tariff issue in the marketplace, and that had an impact on their sales. Thats three through on tariffs, not being able to pass along prices, and having an impact on sales. David and it hit their margins. There was also going to be margin pressure. The question is what it says more broadly about industrials. They say they think the economics are ok. Alix as long as their margins might not be, but Overall Economic activity ok. News comingve some out of delta, up in the premarket. Its raised its earning per share view. Forecast now earningspershare, but i do not see their earnings. Alix it seems like you have full year earnings at the top end. They are upan see almost 2. 5 in the premarket. Alix people are traveling. They are moving. David good for them. Alix which i will be doing tomorrow. In the markets, you are also looking at day two of fed chair jay powell. This is a classic easing cycle fed pla
European equities. , bit of a down day to end though it does not seen anybody is taking a huge position ahead of that jobs data. We have stock and bond markets close in the u. S. Yesterday as treasuries get going again. ,e saw a bit of a basis Point Holding at 1. 95 on the 10 year yield. Bund yields are just above that level. The euro is weaker am a down. 2 , 1. 1265 f disappointing german factory data. Coming up, we speak to larry kudlow. Lets get bloomberg first word news. Thousands packing the National Mall to watch president Donald Trumps fourth of july speech. He praised the u. S. Military and American People, but also put himself front and center of the Independence Day celebration. The event included tanks, flyover jets, and culminated in an extended fireworks display. President trump we celebrate our history, our people, and the heroes that proudly defend our flag, the brave men and women of the United States military. Together, we are part of one of the greatest stories ever t
With customers . What are they saying . Will they continue to eat at his restaurants . Reporter right. We talked to a few customers, loyal customers. They say as long as the chef hallowell will change his behavior they will come back. They sale the reasoning for that is because they want to support the workers. They say they should not punish the workers over one mans behavior, especially those workers who rely on those paychecks. And support oakland, too. Da lin, thank you. The man accused of plotting a Christmas Day attack at pier 39 in San Francisco was in court today with his family. Everitt jamesons father declined to talk to reporters after his son detention hearing in frizz sons detention hearing in fresno today. The judge ordered him to remain in the county jail for the time being saying he poses a danger to the community. According to the fbi, jameson told undercover agents he chose pier 39 as a target because hed been there before and it was a place where he could inflict man
Stake. The head of our board has decided not to renew that agreement. Standard Life Aberdeen sees red after a 100 billion pound contract is ditched. And the end of the road for jacob zuma the South African outgoing president resigns ahead of a nonconfidence vote saying the anc should to the have forced him out this way make no mistake, no leader should stay beyond the time determined by the people they serve. Good morning airbus shares have taken flight to the top of the stoxx 600 after the Aerospace Giant reported a rise in fullyear operating profit and issued a bullish forecast for 2018. There was, however, a fresh 1. 3 billion euro charge related to its a400m military plane airbus raised its dividend also. Shares in nestle are heading the other direction as earnings disappoint investors shares hit a ten month low as the Company Announced a dividend below expectations lets look at some issues that those numbers have revealed. If we look, we can see the bottom line was mainly hit from