Falling for two consecutive days. Something jumped out at me earlier. Not the u. K. Bond market, which is barely changed. , like forthe u. K. Like sales posted the worst tune in almost a decade. They are spending more money on ledger activities according to the high street sales tracker. Consumers are more confident about their financial situation. They spend the extra money on eating out and going on holiday. Other data today, eurozone services, u. K. Pmi services, eurozone retail sales. Lets look at stock markets. They are down for the week. Equities headed for their first weekly drop in a month. The msci index on track for its biggest fall since march. European stocks are on track for their biggest weekly fall since may. Mixed start at the open. Tick tock, tick tock. Jonathan mark barton, thank you very much. That is the early mood in europe. Lets head over to hong kong. David ingles standing by. You, morning, i say to another chopping session in shanghai. Talk to me. Absolutely, jo
Ahead of this take a look at the futures. You did see an update for the markets but now things are relatively flat based on the big swings we have seen this week around greece. It does look like were looking at green arrows with the dow futures up 24 points. S p futures up by 5 and nasdaq up by 10. Greece negotiations between athens and creditors, thats off. At least for now. Everything is in a Holding Pattern ahead of this referendum off the countrys future that comes on sunday. It would back pension cuts and other measures and a no vote could trigger greeces exit from the euro despite the attempted reframing by the greeks. We have a lot more from michelle in athens and shell be with us in a couple of minutes. I agree with the greeks. I dont think either one would result in an exit. Theyre saying a no vote means that we should go back for tougher negotiations and the other europeans are saying thats not what that means. I think both sides are do you remember suicide isnt painless . Yo
Almost a week having gone by we are two, four six. We are now 2. 389. Lets get to our road map this morning. As you expect it starts with the employment number. A steady increase in jobs added last month. Unemployment ticked down to 5. 3 . Perhaps some worries as the Participation Rate slowed. As we head into the weekend, no deal insight for greece. Finance member is threatening to quit if the vote is yes. We will get information live from the market. Deals continue in health care and paypal buying zoo. Here are the numbers for the jobs. Nonfarm payroll, up 223,000. Gains in april and may, revised downward. The Unemployment Rate fell to 5. 3 a sevenyear low. The labor Participation Rate declined as low as it has been since 77. Wage growth stalled. Average Hourly Earnings came in flat. Later this morehour, we are going to look at the obama administrations numbers. We sat down here. He said not so great. Not so great on the headline number. A little disappointing. Still under 2000. They
Falling for two consecutive days. Something jumped out at me earlier. Not the u. K. Bond market, which is barely changed. , like forthe u. K. Like sales posted the worst tune in almost a decade. They are spending more money on ledger activities according to the high street sales tracker. Consumers are more confident about their financial situation. They spend the extra money on eating out and going on holiday. Other data today, eurozone services, u. K. Pmi services, eurozone retail sales. Lets look at stock markets. They are down for the week. Equities headed for their first weekly drop in a month. The msci index on track for its biggest fall since march. European stocks are on track for their biggest weekly fall since may. Mixed start at the open. Tick tock, tick tock. Jonathan mark barton, thank you very much. That is the early mood in europe. Lets head over to hong kong. David ingles standing by. You, morning, i say to another chopping session in shanghai. Talk to me. Absolutely, jo
Falling for two consecutive days. Something jumped out at me earlier. Not the u. K. Bond market, which is barely changed. , like forthe u. K. Like sales posted the worst tune in almost a decade. They are spending more money on ledger activities according to the high street sales tracker. Consumers are more confident about their financial situation. They spend the extra money on eating out and going on holiday. Other data today, eurozone services, u. K. Pmi services, eurozone retail sales. Lets look at stock markets. They are down for the week. Equities headed for their first weekly drop in a month. The msci index on track for its biggest fall since march. European stocks are on track for their biggest weekly fall since may. Mixed start at the open. Tick tock, tick tock. Jonathan mark barton, thank you very much. That is the early mood in europe. Lets head over to hong kong. David ingles standing by. You, morning, i say to another chopping session in shanghai. Talk to me. Absolutely, jo