Cook. He will talk about product, politics and terrorism. Conflicting reports from Banco Popular paired popular. Is there a buyer waiting in the wings . Just 30 minutes until the open of stocks in europe. First off, lets check. Qatari stock market, right now what you are looking hang on for a second is yesterdays trade. Yesterday we saw a drop of 7. 3 , the biggest for qatari stock by9 after they were cut off four other gulf nations including saudi arabia. Today, we are seeing a less steep drop for qatari stocks. Down at about 2. 2 to an even 9000. We will keep a night on middle eastern stocks has this problem is being worked out. President trump assures the world he is going to step in and deescalate the situation. As far as futures are concerned in European Equity indexes, take a look at my screen. This is a weei screen. Youk on the futures box and get the mispriced calculation by bloomberg. Like we will see a down open across the board, the exception of the ftse in italy and the omx
We are discussing with joe manchin, the senator from west virginia. It is a big drama. Jonathan as you know very well, there is a big question of whether it is drama or it really affects the world such as markets. Jonathan thank you very much. Lets begin by getting a look at the markets. Looking at futures, this morning. We go nowhere. Up about a 10th of 1 . The euro a little bit weaker. Treasuries on offer at the margin yields, creeping back off those 2017 lows. Alix i am taking a look at dollaryen, a really interesting morning for that currency pair. Exit from a monetary stimulus could be on the agenda at the boj. Dollar caught a bid and now dollaryen up on the day by 2 10 of 1 . Definitely an interesting level to watch. The vix goes nowhere. Well,s where, gold as off by about two dollars. Crude up by 5 10 of 1 . Lets count down to one of the big events. Less than an hour from now, we will hear from the European Central banks latest Monetary Policy decision. It is believed mario drag
Matt im matt miller, in for manus cranny. Im really excited to see about this china decision, but we have comments from the fed that are moving markets and there is so much turmoil here in europe because of the brexit negotiations in the middle east with qatar. Anna we will get that decision later from the msci as to whether the chinese domestic concluded to the benchmark. Could it be fourth unlucky for china . This is the fourth time asking to be included within the benchmark. We have this chart here, showing the china rush. This is one example of the appetite for chinese assets. It shows appetite for a particular asia etf, listed in the united states. Investors anticipating perhaps, approval, but how much does this matter . We have seen real divergent performance between the shanghai market and the offshore market, which is trading near two year highs. The domestic market, really dwarfed by some of the new Technology Names that trade overseas, outside of the chinese main shares. Matt
Beating Goldman Sachs. Coming in atates 1. 5 billion. R. O. E. Over 9 . There with us to discuss is Alison Williams of Bloomberg Intelligence. Your take on the earnings . Too few things . Wealthover 9 and their margin coming in at 25 . We saw that strength at bank of america, we saw strength at wells fargo which was a precursor but those are key metrics. They focus on that r. O. E. And the margin is one of the goals they focus on to get there. Fixed debt in line, the banking fee is something we have seen. Alix what have we learned about Morgan Stanley on Goldman Sachs . Is it all about commodities . It is more execution. Alison it to be a little bit of both. Every quarter is going to be different in terms of where the strength of the overall business is and depending on where the strength in the industry is, that is going to impact who is doing better. And of it is just business product but goldman also says for a Second Quarter in a row they did not navigate markets well. That is what
Showdown in the white house over who has the president s ear. Will have the president , sean spicer, and anthony skerritt lucci on fox newsppearing with sean hannity. Julie together . To sendhey are trying some message that there is no beef between them. But i have spoken to several sources that are suggesting this is a political win for the two who were on with donald trump before sean spicer was on board. Business, the communities have worked for sean spicer for quite some time. He is not going anywhere after. Ugust julia i was watching him in and he talks about the symmetries and realigning them. Thate are more confident he gets the trade, the market. But does he understand washington and will you have the same kind of impact on relationships there that he needs to . A top he is in environment, especially from someone outside of this city. Is white house right now full of people other than spicer, who is now leaving, who are from new york. And they have had problems actually governi