Alix peak accretion greater than 20 . Those are pretty staggering numbers. David they are paying a premium of 45 . Alix we are going to keep following this and what it means for other health care in a day other health care m a. In the markets, sb futures pause until the g20 s p futures pause until the g20. The dollar hit a threemonth low yesterday. 2 . Ds did dip below now we are back about that. Crude a little softer. It feels like a teeny bit of a risk off on the margins, but nothing extreme. David a lot to digest. Go to the morning brief. At 8 30 eastern, we get u. S. Newhome sales data for may. Throughout the day, we hear from a range of said speakers, starting with jay powell, williams, bostic, and parkland. Bullards thenpresident will be on Bloomberg Radio and a conversation with kathleen hays. The best treasury will be selling 4 billion in twoyear notes. At the bell, we will get fedex earnings. Lets turn to bloomberg first take. We are joined by mark cudmore and romaine bostick.
Questions we have to tackle and you know pass to play a role and we only can do that when we are united. The u. S. House of representatives has voted to denounce donald trump for the president s tweets about 4 ethnic Minority Congress women all House Democrats condemned his call for the lawmakers to go home all but 4 republicans voted against the symbolic resolution but the u. S. Senate is controlled by the g. O. P. And its leadership is backing the president. And scientists in canada say theyve observed record temperatures in the worlds northernmost settlement the military top 20 to graze on sunday and monday in alert a military facility need north pole the average july high there is 7 to graze its the latest normally in what has been a warm summer in the arctic. U. S. Lawmakers grill a top facebook executive over the companys plan to leave cryptocurrency. If the tech giant cant convince washington to trust it what are the odds it can sway regulators around the world. Also on the show
94 this is wednesday, july 3rd. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange. Im contest is a brewer. Brian sullivan has the day off heres how your money is setting up the day s p implied open is up ten points dow futures opening higher the nasdaq up 40 points. Yeartr falling back below 2 . The german bund yield has fallen to a new record low. The tenyear t note at 1. 953 . Shares of tell la are taki tesle taking off tesla popping up 7 the company reporting record deliveries and production of its electric vehicles in the second quarter, confirming predictions from elon musk in an email to employees last month tesla hinting at a strong Third Quarter saying it has a backlog of orders. Tesla delivering 95,200 vehicles, thats a 51 increase from the First Quarter and a 5 increase from the record from q4 last year. The overwhelming majority of deliveries were the model 3. Tesla says they will deliver 360,000 to 40,000 vehic 400,00 vehicles this year only an
The drumbeats loader for rate cuts. Southeast asian leaders walking a fine line in the simmering trade war. We will bring you more from the meeting in bangkok and more with the Prime Minister of malaysia. Looking at how markets closed, it was a turbulent session not only because we saw the iranu. S. Tensions escalate but because futures and options expired on the same day on quadruple witching day. So at one point it was an intraday record high but then we thought ending. 1 down lower. Led by real estate firms. The dow falling. 1 as well after touching a high we have not seen since october. We had Energy Stocks gaining ground, the biggest on the s p 500 as we saw wti gain 10 last week on middle east tensions. At. Futures not doing much the moment. Lets see how we are shaping up. Sophie on friday asian stocks faltered but the benchmark managed to pull through with the best week of gains since january and this monday we have a lackluster start ahead for asian shares, kiwi under pressure.
Here in the lion city, we know that stocks and bonds are getting sold off. We have not seen those in a while. We are seeing a lot of red. If you think about how we got that harder than expected u. S. Ppi hotter than every economist projections, it is raising concerns of a hawkish tilt from the fed. As we wait for the u. S. Central bank to connect those dots, we are already getting the Chinese Central Bank keeping rates unchanged on the one year, as expected, but this is appointing some corners of the markets that were holding out hopes of a reduction. Csi 100, hans singh dragged by tech names. You can also see in australia, the financial, the miningrelated stocks are the big losers today as we see iron ore approaching the 100 a ton level. On the japanese yen and chinese currency, we are seeing the dollar story play out, and the yen is in a tugofwar between the boj and fed, and the tiebreaker could come in the form of durango today. We saw the pboc coming through with a strongerthanexpe