Ahead of todays key jobs report and promises from jerome powell. You have one week. The eu gives Boris Johnson seven days to revise his brexit deal, or risk a postponement of the u. K. s departure. And bob dudley steps down after a 48 year of the ceo of bp as the ceo of bp. Matt, good morning. Matt good morning. The are less than half an hour away from the start of european trading. Right now, i wanted to show you the 10 year yield. This is what happened yesterday when you got the ism nonmanufacturing number. Investors buying bonds, pressuring the yield down to a little more than 1. 5. We are looking at 1. 54 on the 10 year yield. We are looking at solidly green futures here in europe. Not huge gains, but the ftse futures are up, about 0. 4 . Tack and dax futures trailing a little bit. The dax was closed yesterday, so today is the first day after a short holiday. It was reunification day here in germany. Markets looking like they are going to open up positively, but u. S. Futures are d
Maria joining joining the convn fox business Dagen Mcdowell. Wall street journal assistant page editor james freeman, great to see everybody today. Great to be here. Maria we have the jobs number in 3 and a half hours. Dagen tweet get away last night. Jobs friday. Dagen we root for the american economy. Maria this week the kickoff to the Fourth Quarter, tough one for the economy and for the markets certainly dow industrials this morning looking down about 88 points, s p down 10 and nasdaq down 28, major averages on track since the worst week in august, investors waiting on jobs report, the expectations call for 125,000 jobs to have been added to the economy in the month of september with tun employment rate Holding Steady at 3. 7 , we are looking at this week that was tough because of manufacturing, ism data, the Manufacturing Sector weakening, but lets not forget this market is pretty close to alltime high. I think its 23 where it closed on christmas eve, 2018, as far as the job repor
There is a little bit of a lift to the market. If you look at the stoxx 600 gaining 0. 3 . Jobs reportg at the and whether that means the fed will have to cut a little bit more support the u. S. Economy. Thats after the energy weak in russia where Annmarie Hordern did a great panel to figure out if opec cuts will stay in. The euro is on the back of a little bit of brexit news. There was a brexit delay or even the possibility of a no deal. Coming up, we speak to the oil minister of the biggest opec producer. Dont miss our exclusive interview with nigerias new petroleum minister. But get straight to bloomberg first word news. Obviously is retiring after fullyear results in february. The upstream chief replaces him. He caps a 40 year career with bp with nine as ceo. Xi jinpingp says should investigate the biden family for remarks the remarks coming after reemphasizing his call to the ukraine president. Was just as bad as in ukraine but offers no evidence. Global news, 24 hours a day on ai
But the bank is hoping to close the deal by year end. U. S. Sends additional troops to the gulf. Iran threats are absurd. Its not the first time he said something ridiculous and laughable. The United States is our allies. The attack was against the whole world, not just saudi arabia good morning welcome to the program. We are closely watching the survey data this morning pmi after a weak read in on Germany Economy and france the numbers crossing for the eurozone, 50. 4 that is 50. 4 the flash pmi estimate was seen higher around 52, so it is weaker than anticipated but it is holding crucially above that 50 break even level. When it comes to the comparison to august, you can tell how quickly we have unwound to trade around the 50. 4 level today. When it comes to the deep level of pain across the eurozone, the manufacturing flagged up flash estimate at 45. 6 this is weaker than the 47. 2 anticipated. Also down probably 47 that we flashed up in august when it comes to services, and this is
Key. Trade tensions, not healthy matters. President trump opening a new front slapping dozens of new terrifs on goods coming out of the European Union and more road blocks for tesla a Record Number of deliveries was not enough to satisfied share holders. Worldwide exchange begins right now. Good morning and welcome. Shares of tesla setting up for a rough morning despite posting a Record Number. Tesla shares off by about 5 the stock has been struggling this year dpoun nearly 30 first, an october gut check for stocks, the dow plunging more than 400 points on the second day of trading in the Fourth Quarter. Over the past two days, the dow has she had 3. 1 the s p down 3 to start the month as well. This is the first time in its history, in its history the s p kicked off the Fourth Quarter with backtoback drops of a percent or more a piece. This morning, stock futures pointing to what could be a modest recovery at this stage. You see hear the dow especiallyiopening by just seven points. The