National Regional Parliament needs to approve a trade deal with singapore. Will it make brexit harder or easier . Easyjet firstquarter numbers , worse than expected. Is this as bad as it gets . This is the question we will put to the ceo, Carolyn Mccall. She joins us at 8 30. Matt less than a half hour away from the open. Take a look at where futures are pointing for European Equity indexes. We have a next trade, but almost no movement on futures. It almost feels like we have crested and are just hanging at the top. Global stocks yesterday rose to a record high on the promise of more spending out of china to boost global infrastructure. We saw at one point s p rising to its highest level. We saw at one point asian stocks, the nikkei touching 20,000. Things are coming off from their, but still relatively high levels, and we see futures hanging right now in the air. Take a look at the bund trade. Let me zoom in so you can get a sense of whats happened just in the past 10 minutes. Investo
Fast enough. Why is there a lack of trust . I think every day, theres negative headlines. You talk about the middle east. North korea. Whats going on in washington. The trump fade. Theres so much negativity in this market, but yet, we saw strong earnings, housing is strong. Youve seen employment strong and then if you add to that, this rush of indexing with all the money coming up to push up and propel the stocks, if you are taking the behavior rall view we do, dont p pull out yet. Its a slow creep higher. Is it . Is is the premise correct . I feel like weve been stuck here for many months now. You know, we did have that sell off wednesday, but it was over the next day, we were back on the rally. If you were going to have fear, i think youd have follow through. Look, love and emotions and their opinion, its going to vary one from one to the next. I dont particularly trust this market, but thats been opinion. Why . Because the earnings was priced in nine months ago and i think the trump
Central bank caucus trade. Selling continues in 10year german bunds. 3 isg dollar, cable up now on track for the seven day winning streak. Of by over 100 basis points. The one thats not participating in the central bank trade you have dollar higher, yen lower. Because kuroda is not on board. Anna have we made too much of what carney had to say . Time for your morning brief. Some u. S. Ego up data including the third reading of First Quarter gdp and weekly initial jobless claims. Fed president James Spurlock speaks in london. We will rate his disapproval of the pace of rates currently priced in by the fed. At 6 00 President Trump will meet south koreas new president. House. At the white they will be talking trade, geopolitics. Breaking news. Have a merger. Rite aid eight and walgreens are mutually agreed to terminate that merger. Really Interesting Development for the companies. You wind up having walgreens up by over 1 in premarket. Right eight seeing a nice pop as the merger is termin
So tastes like a guinness. A little early. Im Andrew Ross Sorkin. Joe kernen is here becky has the day off. A lot of news to get to. Dow up about 26 points nasdaq up about 5, s p 500 up about 2 1 2. Lets show you overnight in a a asia, green arrows across the board. And european equities well also show you, its green, green, green. And if youre buying wti crude by the barrel, oil is moving higher on news of a sharp drop in u. S. Oil supplies wti crude right now at 48. 29 today well get an Interest Rate decision from the fed this afternoon. Wall street is widely expecting policymakers to keep rates unchanged. Big focus is what the fed says about inflation. Well have full coverage beginning at 2 00 pchl we have 175 s p 500 Companies Reporting this week. Today its boeing, cocacola, ford and among all the names youre seeing there. But well get that before the opening bell and then we hear from facebook, gilead, whole foods after the close. And viacom looking to make a cash bid discovery al
Gary. Mark lets take a look at european equities right now. 30 minutes until the end of the session. It is a race on our go function. Equities are declining like they did last week. All of these are falling in the Second Quarter against the dollar. We are seeing yields rise. The highest level since 2015. Hit this critical phase of the french president ial contest. Cbs has lots of Corporate News to tell you about. Shares did rise as much as 4 earlier. The top estimates outlined this broadband Investment Plan designed to turn the former monopoly into a carrier on premium content under the chief italia. E Telecom Broadband services while facing new competition. Shares are up by 1. 7 . Led a surgeorders in the investment goods demand, suggesting a strong run of europes economy at the end of last year is set to continue. All of this a just for seasonal swings in inflation, and when they fell, a revised 3. 6 . It is included in the threemonth average. The purple line, which you can see is on