Who has in the, past been convicted of racism, made it to the second round of the french president ial elections in 2002. Anchor the Prime Minister of greece has resigned. Speaking on national television, Alexis Tsipras said his mandate was exhausted. He faced a rebellion in his leftwing party. He won party vowing to fight the austerity measures imposed by international creditors, but has had to accept them for new bailouts. He has called for elections as quickly as possible. I spoke with natalie in athens and she told us how Alexis Tsipras had little choice but to step down. We saw the growing rebellion in the party the last round to approve the bailout, 43 of his mps opposing or abstaining from the vote, leaving him with little room to maneuver. To implement the tough measures, including difficult reforms, he needed a strong and united and party behind him, and the elections were really the only way for him to do that. And asas he is concerned far as his officials are concerned, they
Thats still the case. Reaction to the north korean overflight also the euro is on fire. They dont want that. Tenyear yield. Look at that 2. 10. Jamie dimon must be thinking how am i going to make that how am i going to get my Net Interest Margin . Home prices is just out. Report for june shows prices up 5. 8 compared to a year earlier. Up 5. 8 that was a bit more than had been anticipated lets get to our road map this morning. It starts with that north korean provocation. A new missile test that flew right over the main japanese islands. President trump says, quote, all options are on the table plus, best buy is moving lower although, the numbers cautionary on the call, saying this is not the new normal. Were going to get into it, of course, here, and explain what exactly is going on of course, well be following the continued catastrophic flooding paralyzing Southeast Texas. Tropical storm harvey now one of the most destructive storms in the nations history and the rain, as youll see w
Bank. Tand shares in zalando fall after sales growth we have a lot of things to get through today. Lets look at the markets one hour into the trading session. The stoxx 600 is up marginally to the tune of 0. 1 , this is following a small dip to the tune of 0. 3 in yesterdays trading session. As we look at whats doing well today, we have outperformers like germany to be honest we had the first q3 Earnings Results rolling in, and they were disappointing. Talking about zolando and akzo nobel. Lets show you how were faring today. The cac 40, the xetra dax eking out modest gains we get the wage data later this morning in about a half hours time that will be key for boe watchers the ibex 35 continues to underperform off by 0. 4 well touch on what mr. Rajoy has been saying in the Spanish Parliament this morning. When it comes to the sectors, this is the view. Real estate, healthcare, travel and leisure outperforming, on the down side, construction, telecoms and banks not a lot of movement on
U. S. Equity futures have been indicated higher after the markets were down yesterday. The first time in seven sessions that the dow and nasdaq were down this morning a rebound from that these were modest declines yesterday and this morning s p futures indicated up by three. The nasdaq indicated up by 2. 5 overnight in asia, we have seen some gains in some asian markets. The nikkei up by a half percent. How many winning streaks is that 16 in a row that weve seen for the nikkei now trading at 21,805. Hang seng closed down bay half p percentage point in europe, as you look at some of the early trading, you will see green arrows across the board. Modest advances. Ftse up by 0. 4 . The cac is up by a quarter percentage point the dax up by 0. 2 look at crude oil prices looks like crude this morning is up wti up by 444 ce cents, brent u 57 cents. News out of Chinas Communist Party congress, members confirm president xi jinpings status as the most powerful leader since mao by writing his name
The tuesday trading day in the u. S. Julie hyman is here. We are in the green, at least. Julie more record, in fact. Even though we see relatively modest gains, it is enough to push to new highs. The s p 500 up for the sixth straight session. A lot of the again we have seen has been fueled by various earnings reports. Look at the bloomberg. Looking at the s p 500s performance, we see a 1. 7 gain. On the bottom, we see the number of companies that have reported. We are now more than three quarters of the way through in terms of companies that have reported. About three quarters have Beat Estimates in terms of earnings. Lets look at the Companies Reporting today, specifically within the travel industry. Here, we have oil caribbean on the upside. Thecruise line saying that 2018 itinerary is booking at higher rates and higher value, according to the cfo. Fourth quarter forecasts are below estimates, but its thirdquarter numbers beat. S pulling up other trip advisor and priceline reported n