Like it or not, we are big spenders and big borrowers, too. Now look at this. Boris johnson is the new Prime Minister of great britain. In a gracious victory speech, he said he would complete brexit, unite the country and beat the socialist jeremy corbyn. Hes the first to admit he has an uphill struggle but hes got a sense of humor and reminds me very much of donald trump. More on boris coming up for you. Look at this. Stocks going up again this morning. A series of Solid Earnings reports are clearly helping. Two dow stocks, cocacola, united technology, they are standouts. Obviously helping the overall average. Profits across the board are strong. Stocks also getting help from the budget deal. The governments not going to run out of money and they can borrow. The dow is going up triple digits, about 100 points. S p up 11. Look at that nasdaq, up 33. Thats close to a half percentage point gain. Summer doldrums . Not here. Varney company is about to begin. Stuart a little time with me. I
Will hear from Data Security health care officials, just Getting Started live coverage on cspan2. Shedding light on so no pressing issues of our time when it comes to cybersecurity threats and how they impact our nation. For todays briefing i think specifically of seeing a number of very highprofile, expenses and quite like a potentially dangerous cybersecurity attacks on our Nations Health care sector. We brought in two individuals today set up a wealth of knowledge in this area, both robert lord was a chief Strategy Officer at the tennis protenus and youll be here to give a presentation to us to talk about this important topic as well as we have jen covich was the ceo of dhi. Without further ado i will that the first presentation get started. Thanks a much, great. I very rarely give talks that are standing room only, to really appreciate your guys interest today. As great dimension im robert lord, cofounder and president chief Strategy Officer of protenus and also im a a fellw at new
Toward em debt. He also weighed in on the fx manipulation debate. The currency weapon has been on the table for a long time after the chinese have used that weapon. Manus a warm welcome to daybreak europe. Lets tell you what is going on in the market. What is happening with the dollar . Will we see a new form of fx wars . Bloomberg dollar index, this is five days. We have been down three days in a row. Is it slippage or selling . Europe, slams china and both in terms of their foreignexchange policy big currency manipulation game, and the question he poses. Do we need to match or continue being dummies . What does that mean for the market . We will look at risk on and risk off assets. Gold we just talked to mark mobius. Everyone should have a little gold in their pocket. In the next fed rate reading cycle, the last cycle gold flew to the heavens. We will delve deeper. Oil, a little slippage in the market. Stockpiles were down for the third week in a row. Globally, the market is debating
Warm welcome to daybreak europe, i ran says the door to negotiation is firmly closed. Diplomacy is closed. What will it mean for the oil market . We are still at 8 over the past number of sessions, this is fiveday momentum. Are we hitting a plateau . In terms of geopolitics. The next thing for the market to look at is opec plus. They will need to extend the deal until late 2020. Issue calleder demand. The real fundamental lets have a look at some of the other risk markets this morning as we look at the dollar. The longest losing streak is september 2017. Blackrock is neutral on the dollar, Jerome Powell speaks today. What will he have to say, adding to last weeks shift from patients . This is as trump calls the fed a stubborn child and its refusal to move. Keep an eye on gold, the bulls are backing control of the market. , and wetanley top pick are also seeing a shortage in the physical supplyside which gives sucker to the bullish story. Good morning. The markets cant get away from spe
Afford to reach in the admin. Soaring food and fuel prices add to the suffering of to 9 years of civil war and spoiled nothing junk of it. Just play this post singles match the United States since the 2021. The us open final. The 23 time grand slam champion was in the 2nd round action at the open. Well hear from the former wells on the one later in the program. The so we begin this news with the latest attempt to resolve the political crisis in asia defense gees from the west african block equal us. That means you can go on to, to discuss the Ministry Intervention since the q and is your last month. Ministry leaders have ignored tools to reinstate the to pays president , but havent buzzing and the planning to charge him with trees. And theyve also point to the new Prime Minister an interim government. The roof is a Ministry Intervention. Could the stabilize, the region says those defense minutes is just arriving in that credit and the meeting should get underway shortly. Lets close it