Mexico and canada finalize a new trade pact to replace nafta. Now u. S. President donald trump has mocked impeachment charges against him labeling them weak Democratic Party leaders announced 2 articles of impeachment on tuesday charging him with the abuse of power and the obstruction of congress and makes trump only the 4th president to face a formal process to remove him from office castro reports from washington d. C. Standing before a portrait of one of the nations Founding Fathers George Washington House Democratic leaders made a historic announcement today in service to our duty to the constitution and to our country. The House Committee on the judiciary is introducing 2 articles of impeachment charging the president of the United States donald j. Drum with committing high crimes and misdemeanors the 1st article is abuse of power for withholding security aid and a white house visit with ukraines leader in exchange for political investigations that would benefit trumps reelection
The duke of edinburgh has returned to sandringham in time for christmas after spending four nights in hospital. Prince philip walked out of the king edward vii hospital in Central London, and got into a car before being driven away. He travelled to the hospital on friday as a precautionary measure. Buckingham palace say his four night stay was for observation and treatment. A statement from Buckingham Palace said the duke of edinburgh has today left hospital after being discharged by his doctor and is now back at sandringham. It went on to say his Royal Highness would like to thank everyone who sent their good wishes. In a moment we will be speaking to our correspondent, charlotte gallagher, who is at sandringham. But first, lets go tojohn mcmanus who is in Central London, outside the hospital where Prince Philip was receiving treatment. We still dont know why he was in hospital but people will be relieved to see him walking out himself. Unsurprisingly, the king edward vii hospital beh
The dollar index stronger by about 0. 3 . We are not back at the previous strength. Just one stock to watch, d. R. Horton. If though Goldman Sachs upgraded the homebuilders, it actually put a sell rating on d. R. Horton. Eurodollar, you mentioned what was happening with the bloomberg dollar index. You can see that reflected in the euro. Negative by 0. 4 . The relative growth story out of other side of the atlantic looking quite different at the moment. Weve had some bad german data today when it comes to manufacturing. Initially after the payroll number came out, we spike higher. We since faded that move here and the german tenyear. We are back to flat. Just went to quickly show you what is happening with the brent market as well. A big move over the last few minutes as we start to get details from the opec meeting. We are going to get a 500,000 barrel a day cut, but it looks like saudi is going to shoulder the bulk of that, which probably means this is more of a real cut than the mark
Move we had early in the week and post thanksgiving. We are right back to where we were in yields, with the 10 year at 1. 83 percent. The dollar index strengthened poste jobs report. That said, it is still below 98. 2. 75 onachs is up news it may be close to settling with the Justice Department and other agencies on that probe into its dealings with 1mdb, the malaysian state Investment Fund. Nothing has been decided, and it may stretch into january, but low 2 billion would be considered a win for goldman. Guy i am being told the week Inflation Expectations component in the michigan data is the reason why bonds on yields have rolled over. We are back to 30 on the german tenyear. In terms of stoxx, we continue to be relatively strong. The other point is that at this point, it doesnt look at the fed is going to have to raise again next year. There might be diminished expectations for how high rates can actually go, and that could be putting a cap on rates here. Guy definitely a possibilit
Tough. In a few minutes, mr. Trump meets face to face with e man yale Marrone Emanuel macron, the president of france. Later he meets the queen at Buckingham Palace. Oh, to be a fly on the wall. The president s negotiating from a position of economic strength. We can wait, chinas in trouble, but investors do not like it. The dows going to be down another 250, 260, maybe 280 points. That would be better than 1 . Same loss or almost the same loss on the s p, down about 27. Nasdaq taking it on the chin to a tune of a 1. 1 . Big deal, big selloff. Another big show on its way. Varney company is about to begin. Well see what happens, but im doing very well if i want to make a deal. I dont know that i want to make it, youre going to find out pretty soon. In some ways its better to wait until after the election with china. But im not going to say that, i just think that. I just tell you in some ways i like the idea of waiting til a after the election for the china deal. But they want to make a