Where we are not looking at a record of some sort. S p 500 and nasdaq, small declines, down. 2 , these represent the worst inclines in the month of february. This speaks to the bullish action we have been seeing since february. The 10 year yield has been done recently, not influenced by the existing home sales report. Represented in green, telling us haven bonds are rallying. Looking at existing home sales data relative to those low inventories, if we look at the bloomberg, in white, we have the inventory numbers. There is the lowest level since when we are looking at now. Here are the existing home sales. Climbing but certainly constrained by those super tight inventories and the lack of homes for people to choose from. Speaking of homes to choose from, Toll Brothers popping higher today, on pace for its best pace since august after a massive earnings beat. They beat earnings by . 25 25 . , basedlivered more homes on the fact that there is less competition in the highend luxury buildi
With sally and World Business report. President trumps expected to ditch obamas Clean Energy Policies later today but the big question, will the move really help to boostjobs . And hit the road, jack. Ubers Self Driving Cars are going back on the road after a crash in arizona. Welcome to World Business report. Also American Airlines and chinas Biggest Airline agree a strategic partnership, rico will have all the detailfor partnership, rico will have all the detail for you partnership, rico will have all the detailfor you injust a moment. After weeks of delay and speculation, President Trump is finally expected to issue an Executive Order later today that will start to dismantle president obamas Clean Energy Policies. This includes a sweeping Environmental Protection agency rule that mandates cuts in Carbon Emissions from power plants. Its also expected to quickly end the freeze on new Coal Mining Leases On Federal Lands and reverse rules to curb methane emissions. During his Election C
And on that note, this week weve been asking for your questions about brexit we plan to answer them later on in the show. Keep them coming in. Just use the hashtag bbcbizlive. Welcome to the programme. With article 50 now triggered, negotiations on the uks departure from the European Union have begun. But this is notjust about what britain wants the brexit deal depends significantly on what the eu is prepared to give. In the next few minutes Eu Council President donald tusk will present the european guidelines for the brexit negotiations. So, what kind of terms can we expect from the eu . National parliaments of the eus 27 Member States will have a say in any future eu uk Free Trade Deal, plus consent by the European Parliament. Any future Free Trade Deal between the European Union and the uk is highly unlikely until the United Kingdom leaves the eu in 2019. There are Three Million eu citizens currently in the uk. The eu will want them to stay, keep theirjobs and have a right to health
Deal with the uk but warn britain would have to continue to accept free immigration from the continent. And former National Security adviser Michael Flynn agrees to testify in the russia investigation in exchange for immunity, as president Vladimir Putin tells cnbc that claims of election meddling are fictional. You and the russian government never tried to influence the outcome of the u. S. President ial election and there will be no evidence found. Read my lips, no. Hi, everybody. Good morning. Welcome to cnbc. Very glad youre with us for the next hour. The finance minister of south africa, Pravin Gordhan has been sacked in the capital reshuffle. Mr. Gordhan will be replaced by Malusi Gigaba, according to a Statement Issued late on thursday by the president s office. We are just glancing at some of these stocks exposed to south africa. You are seeing the trading down heavily here in the trade, off somewhere in the region of 4 to 8 when it comes to old mutual. Investec off by 6 , and
Capital there. And turmoil in south africa as the president sacks this man, his finance minister. Now threats to the president s power. Anchor i am brent goff. It is good to have you with us. In washington dc, dealmaking the world has not seen for a long time. Tonight, the u. S. President has backed his former national, Michael Flynn, saying he is right to testify to congress about the jump trump campaigns alleged leaks to russia. He says he is not worried what he will reveal. He is offered to testify only in exchange for immunity from prosecution. Reporter for just over three weeks, he was in the front row at the white house. As National Security adviser, Michael Flynn was in trumps inner circle. The retired army general was a close advisor on Trump Election Campaign in 2016. Back then, concerns were already raised for his ties to russia. Like his attendance at a dinner with vladimir putin. Michael flynn maintained the relationship even after the election. When president obama imposed