Europe is a big week personal income and spending is roughly in line. Our road map begins with apple, nearing an all time high, expanding ipad and air pod demand, Services Growth offsetting that demand social media twitter banning political ads, facebook defending its decision not to, saying, quote, its not all about money, facebook shares by the way rallying on those earnings head winds, markets are set for a mixed open, a report about chinas longterm doubts about a trade deal with this white house. Well begin with apple, though, higher than better expected revenue, despite iphone sales, results got a boost from stronger demand for ipads and air pods as well as growth in services they are issuing upbeat quarter guidance jim and josh lipton talked to tim cook about better sentiment in china as well. I was surprised with that, when talking with tim and with josh and on the street the whole tone of the discussion was that things are pretty much on track, more than we realize optimism by
European headquarters in london. , renzi to the up rescue as italys new Prime Minister tries to form a government. Hospitalityaltitude. We will show you the hotel that is pushing the limits of good service right up there in the swiss else. Alps. You a lets bring bloomberg exclusive. We have been speaking with bank of england policymaker david miles. They should not be tightened because there is so much Spare Capacity in the u. K. Economy. To my mind, there are clear signs that there is slack in the labor market. First, although unemployment has come down fairly sharply, it almost certainly remains above the level consistent with our hedging inflation targets. Flak there. Egree of runemains above the long equilibrium rate. About britains property markets. He says the bank of england is doing enough to stop a housing bubble. The situation we are in at the moment is the Financial Policy Committee, as a firstline line of defense, against the risk as the Housing Market starts to generally o