The new health bill scrapes through the house. Ant financial remains optimistic despite fears the u. S. Regulator will block the deal. Rishaad a new era of competition, the maiden flight of a plane designed and built in china. That allimportant jobs report about 12 hours away. Significance given the weakness in recent months. Series of promises by President Trump as to how many jobs he will create. Need to. 5 million a year to reach that target, projected by that green line. We are not there yet. It would depend on sturdy wage and salary gains. Trend has been losing momentum in recent months, but gains in employment in march overstated that weakness, revisions as well. Sixmonth average is a bit , 163,000 jobs. It doesnt compare to last year, 237,000 created every month. Haidi thats right. That nonfarm payrolls number what the market is focusing on, also six fed speakers, including janet yellen. Fromll get more nuance that previous policy statement, the weaknesses transitory, whether th
Maybe next year. A couple of breaking news stories. That will help the markets. Skye. Keep an eye on skye and bp. Saying that they are going to keep an eye, i suppose it is the sports content and its division. That is a watching brief. Barclays, however, saying they reinstated overweight position on skye. With a price target of 10 pounds and 25 pence. Air france, klm three strikes. Down 6 . What you saw was the cost of the strikes causing the third profit morning in a row. Stock down 6. 5 . Basf coming out with their news that the worlds biggest is wheremaker, 70. 70 we trade, they has signed on a deal with gas prom. To swap some of their gas trading assets. The deal is falling apart. Those are three names in stock trading. Euro. The dollar is coming off its initial highs. Eurodollar trading just under 1. 23. I caught up with one analyst. He said get ready for the bank of japan to see dollaryen somewhere around 1. 24, the area of concern would be at 1. 30. Pressedressed him, and them a
Record stimulus program. Welcome to countdown. I manus cranny. And i am mark barton. Today,up on countdown these days vital records are big is this in vintage chic. 2014 has been a year of sales for vinyl albums selling across the one million mark for the first time in two decades. Find out which driving the revival will little bit later. Russian president Vladimir Putin reassuring his nations Economic Relief will come in two years and one western leader is helping his case. German chancellor Angela Merkel and David Cameron complies,russia french president Francois Hollande broke ranks from his eu counterparts saying in use in sanctions is possible. I consider that if the gestures rusher is making what we are waiting for, there is no reason to enact any new sanctions. On the contrary, they will allow us to start the escalating the situation. Barack obama signing legislation that gives him the power to impose more sanctions. The u. S. President said he would only act in line with europe
And margin calls are triggered over secession plans in the country. And japans Prime Minister hailed this weekends vote as an indication for economics. And paris taxi drivers stage a citywide protest against uber. Youre watching worldwide exchange, bringing you Business News from around the globe. Lets get straight to our top story this morning. The ongoing hostage situation unfolding in sydney. These pictures recorded earlier show armed officers outside a cafe in the Business District. A lone gunman is holding an undisclosed number of people but local media says about a dozen hostages are held captive. Within the last few hours, the number of people seen running out of the building. Earlier the hostages were also seen holding a flag against the shop window. Tony abbott said the governments allegations are known but well see if this is politically driven. This is a very disturbing incident. And i can understand the concerns and anxieties of the australian people at a time like this. Ou
Here in the u. S. , with indications the recovery will be delayed. And that changed investors course today after a string of market records today. They sold stocks. But that probably wasnt the only thing that pressured the major averages. There was weakness in the transports and wall street is still digesting majority leader eric cantors defeat in a primary last night. By the close, the dow fell 102 points, the nasdaq dipped 6, and the s p was off about 7 points. But by while world bank downgrades, the outlook for global growth, Steve Liesman says many here in the United States are more upbeat about the economy. Reporter slowly, americans are clawing back some of the optimism they lost during the Great Recession and the tepid recovery. The cnbc allamerica Economic Survey for june shows the percent of americans who say the current state of the economy is poor, this after seven long years and a surge to 70 at the height of the financial crisis, its now fallen back to its prerecession lev