Forecasts. The policy rate is unchanged. The central bank, in terms of Interest Rates, keeping them as they are, at 6. 25 . This is the dollar versus rupee. 57. 95, however at this point what is most significant is it has cut its 2017 Economic Growth forecast. We will get plenty more on that and market reactions, but first lets get to the first word news with nejra cehic. SharesCredit Suisse trading higher after the bank stepped off step up costcutting efforts. Down from an earlier goal of below 18 billion francs. The company lowered profit targets for its International Wealth management business and its asian division. German Industrial Production rose less than analysts forecast in october. Production, adjusted for seasonal swings, gain 0. 3 from the previous month, compared to a median estimate for a 0. 8 rise. It signals that europes largest economy took a slow start to the final quarter of the year. U. K. Prime minister has agreed to reveal more details of her plans for brexit, bu
I dont blame them. I was a rambunctious kids when i started managing my own money. At first i didnt know the rules then i spurned them because they cut off my upside. Even if they cushioned the inevitable downside. In other words, the rules kept me from making a huge amount of money when things were going gangbusters in order to keep me from losing big money. When things went badly. The house of pain. The rules im discussing tonight keep you in the game even when things are tough and you make mistakes. [ buzzer ] they protect you against your own bad judgment or whatever is happening in the market overall. But if youre going to make money using stocks because you just cant get much of a return anywhere else these days, thats pretty much the case you are going to have to work harder with your money to do so. And that requires discipline. Discipline because once you start buying and selling stocks, you can make more mistakes than if you just do nothing with your money. But if you do noth
Allegiance to isis in 911 call. Donald trump will make a speech focusing on terrorism after asking obama to quit after the wake of massacre. Flags flying across the country including the white house. The Empire State Building going dark and the Freedom Tower lighting only the colors of the rainbow. Also this morning we want to get a quick on Global Markets, asian markets selling off over night. Sharp declines across the board. Investors are on edge for many reasons this morning including this weeks Federal Reserve meeting in fears that britain will vote to leave the euro zone. The euro hitting a threeyear high. We are watching currencies this morning, weighing on european stocks and down across the board and in the u. S. As we wait markets to open several hours from now, right now u. S. Stock market futures trending to the downside, dow futures 63 points, youre looking at 3 tenths of a percent drop across the board. Here with me this morning fox business Dagen Mcdowell, recon capital k
Up. It will be beautiful on this saturday, june 25th. Quintessential summer weekend ahead. Not bad at all. Good morning, everybody. Happy saturday. Im rob nelson. I was going [sigh some [im michelle charlesworth. Amy freeze with the weather. We had some nice starts this week wh and the start of showers pretty low. Temperatures starting off at 65 degrees right now. East wind 8 miles per hour. Pressure is on the rise. As we get going all across the boroughs, weve got temperatures that are easy to take. You might notice some of the stickiness to the atmosphere. We get about 20 degrees. We have cooler spots, 59 in are shower free. It looks great on the eastern third half of the u. S. Under the influence of warmer than average temperatures. Things looking really good right through the afternoon. Well go with the upper 60s early on. Well go by mid70s Early Morning and 0s to top it off. Our daytime highs will be in the low to mid80s. Well talk about going down to the shore, the catskills and
Exciting and celebratory events taking place across new york city this weekend, each means a little more this year as participants stand in solidarity and strength. Its a time for celebration in the Lgbt Community pride weekend, kicking off friday with a major party on pier 26 spreading happiness in the face of hate. The moment of silence fell over the crowd as the names of the read aloud bite owner of the nightclub where 49 people were killed. Pulse nightclub employee neema asking attendees to spread compassion and kindness through a hurting community. Turn to the person next to you, give them a hug and say my brother, my sister, i love you. The rally to put pride on display also brought a message to lawmakers with rides advocates calling for stiffer gun policies. You get support for them to currently pretty much aware of the life threatening homophobia and fraud policy. Taking a stand is nothing new for the Lgbt Q Community in new york city. In 1969 the Stonewall Inn became known as