Social elect leaders that favor exiting the coalition with the cdu. Narrowing the lead, four of the five latest polls show the Uks Labour Party closing in on Boris Johnsons tories as President Trump visits britain for a nato summit. 7 30 in london and 8 30 in paris or berlin. 29 minutes from the start of the European Equity trade for monday morning and things look flat on the European Equity markets, but that is not necessarily the global picture overnight. U. S. Futures, looking a little more positive. Probably, we are reacting on the Positive Side of things to the data out of china, the manufacturing pmi coming in higher than estimates. That seems to be something that could lift equity markets in the United States later. Futures look more positive for the u. S. Lets get to the Asian Session and the gmm shows us where we are on asian equity markets on the far side of the screen. 4 , indonesia doing strongly and the russian market, not bad. A slight cleaning for the on equityrisk on mo
We will hear from qualcomm Ceo Steve Mollenkopf on the race to 5g. First, nasdaq climbing to a record even as the dow sank following disappointing reports from retailers. Some big tech names leading the way on nasdaq were facebook, broadcom, and tesla. Reports that u. S. And chinese negotiators may link the size of tariff rollbacks to terms set during talks in may. I went head over to new york where Bloomberg Cross asset reporter Sarah Ponczek is standing by. Are we ignoring the trade headlines . Sarah i dont know if we are completely ignoring the trade headlines, at least the good ones. That the u. S. Is softening its stance, that did engage in negative outlook. Take a day like yesterday, a bureau chief from cnbc noted that the tone in china is pessimistic. They were unfortunately seeing that the u. S. Was not going to rollback those tariffs. Focused on stimulating their economy. The s p 500 Information Technology index hit a new high, apple hit a new high. The bad news, as you said,
Maria joining the conversation, Dagen Mcdowell, former republican president ial candidate steve forbes. Im so happy that youre back, dagen. Dagen i was watching or trying to, i missed you immensely and i will leave it at that. Maria we will talk more about it. Maria steve, thank you so much for joining us, big day again. Consumer is still king. Maria we are wait on retail numbers, top story, markets hitting record high, futures on the way to another record at the start of trading, s p futures up 8 and nasdaq futures up 34 with a number of retailers to report quarterly earnings, home depot, kohls, tjmaxx among them. Lets get to home depot, Ashley Webster are the numbers. Ashley lets get right to it, home depot on the earnings per share coming at 2. 53 a share, that is one penny better than the estimate but revenue just a hair short, estimate for 27. 53 billion coming to 27. 2 billion, lets not forget home depot lowered guidance in last Earnings Report and reaffirming that, same store sa
Considers a doordash considers a listing instead of an ipo. We will hear from qualcomm Ceo Steve Mollenkopf on the race to 5g. Climbing to a record even as the dow sank following disappointing reports from retailers. Some big tech names leading the way on nasdaq were facebook, broadcom, and tesla. Reports that u. S. And chinese negotiators may link the size of tariff rollbacks to terms set during talks in may. I went head over to new york where Bloomberg Cross asset reporter Sarah Ponczek is standing by. Are we ignoring the trade headlines . Sarah i dont know if we are completely ignoring the trade headlines, at least the good ones. That the u. S. Is softening its stance, that did engage in negative outlook. , ae a day like yesterday bureau chief from cnbc noted that the tone in china is pessimistic. They were unfortunately seeing that the u. S. Was not going to rollback those tariffs. Focused on stimulating their economy. 500 Information Technology index hit a new high, apple hit a. T
Phase one trade deal could not happen until december at the earliest. Discrepancies any the disagreements as to where a deal could be signed. Iowa or that could be ohio or hawaii being next. Here we go. Came out. Stronger than expected. The philippine peso pretty much where it was. Had been trading higher before that print came out. 16 out of 26 economists had predicted bit protected it. We had a little bit of weakness. Continuing its lurch as well. We had a fix earlier, which was again showing a bit more strength for the cny. Just slightly above the fix. Up for the dollar, three tens of one presented moving things along, having a look at what is going on in new york. We are going to start in the u. K. If i did officials are set to deliver a warning shot the politicians budget officials are set to deliver a warning shot to politicians amid fears there could be an arms race of tax and spending promises. The outrage of responsibility could have 26 billion added to its budget forecast. Wi