By the way, james blunt stops by live in our studio this morning. So did you go to the concert last night, i heard it was packed. Let us know. Ed sheeran, james blunt, at it again tonight. But james is with us today. Look at that video and imagine just singing just to you. , who james blunt . Beautiful. Mable, a little later this morning. Well, now. Sue be . You wish. One wishes. It will be hot in here. Oh, wait, thats the wetter. Ya, well, this is going to be worse today. Even added excessive heat watch just for good measure, now down to seven out every ten in your weather by the numbers, here it is, the counties affected by the excessive heat watch. It is all the urban, i59 corridor there, will feel like it is in triple digit later on today, so prepare tore that. Do any exercising your tee do outside either this morning or late, late, late in the day, were off to muggy start with bus stop buddy and the dog and the water bottle by his side. 79 degrees, southwesterlies at 8 miles an ho
A gain of 115 points expected if we were to open here s p is indicated up by 8 points. The nasdaq up by 31 points overnight in asia, youll see that the market theres also ended higher with the nikkei up a third of a percentage point. The hang seng up 0. 8 . The shanghai up 0. 59 . And the kospi up 0. 84 in europe this morning, you will see similar moves. Gains across the board there the dax is up by 0. 55 so is the cac. Ftse up by 0. 8 . If you check out wti, crude oil, 50. 27 wti for july broke a fourmonth losing streak. Had its best month since april 2016 look at the dollar index, the dollar index saw its worst month since 2016 dollar is stronger against the euro and yen trading at 1. 1813 and the dollar yen at 110. 34 fifth negative month in a row. Lets get you through some big stories. The s p 500 will start excluding companies that have multiple classes of shares. The move bars snap from the index. The Company Offering new investors a class of common stock with no Voting Rights. T
A very warm welcome, everybody to the daily. Our flagship morning show. Im anna edwards. Im manus cranny. The disbandment of the Advisory Boards by trump and the fed minutes. Look at this. This is a band width of trading on the bond mash. It has been 29 the nair owest in almost narrowest in 27 years. April to may 20. What does it take to knock a ond trader into dislocation . The probability of a rate hike is dropping away. Is that enough . Is the trump political debacle enough to stir the moment . Not at the moment. When we see what happened in the last three months. The drama at the white house, we have the fed and questions around where that question goes. Geopolitical concerns over north korea. There are so many questions and yet we remain range bound. The stock market a quick recovery from last weeks selloff as well. We have a little bit of reaction that we are seeing to those fed minutes. E see the dollar index weak. In general decreasing the chances of a rate increase this year a
A border wall with mexico. I dont think a Government Shutdown is necessary. I dont think most people want to see a Government Shutdown ourselves included airline asset. Lufthansa reportedly submits a letter of intent for airline air berlins niki unit, as the german carrier looks to expand its spanish routes good morning it is thursday, and the stoxx 600 is not doing too much. It is inching higher up by 0. 2 . Still a cautious mode here as we head into the jackson hole symposium in wyoming, and we are getting the mario draghi at 8 00 p. M. Uk time on friday we will look at european markets one by one the ftse 100 is up by 0. 25 . The big story today, dixons down by roughly 30 well get to that story. The xetra dax is flat. And the cac 40 is up by 0. 2 by in large some small moves here to the upside when it comes to the sectors, the picture is retail off by 0. 6 travel and leisure off by 0. 25 . Construction utilities eking out modest games back to the corporate story i told you about Dix
After last years fiasco. Anna a very warm welcome. I am anna edwards. Manus i am manus cranny. Today is a little bit risque. Hasnt the tboned market that its key boots on. We are going to jackson hole. The market is getting worried about the debt ceiling. States coulde net be under pressure. What does the market do . They want their money and they wanted now. They want a premium. They want it now. They want a premium. They want their money for october and that king in the you curve is because in the yield curve is becoming more pronounced. They want a timely readdressing of the debt ceiling. Manner. A timely anna they are concerned if they do prioritize the repayments, what does that do to the other parts of this spending obligations . It would be in uncharted territory. Well discuss that later. In terms of the reaction, it was interesting when we were covering trump and everything he has to say about the wall and nafta, he didnt seem to move markets all that much. It didnt seem to mak