Good morning. Very warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im susan li in for sara eisen. Lets get to the Global Market picture, coming off a day where the dow ended ets eigits day losing streak. T it was financials bouncing back and leading the charge to the upside that allowed that recovery. Today we are flat in the premarket. A bit of red for the dow and s p. The nasdaq in the green. Yields recovered from the lows, back above the 2. 4 level. Sitting at 2. 409 today. Yesterday we were up around 2. 2. 4 2. 42 . So slipped a bit over night. The tight correlation between what the tenyear yield is doing and what bank stocks are doing has been extraordinary to see. As yields moved higher yesterday, as did banks, that dragged the rest of the market with it. Lets check on asian equities this year. Asian trading off the end of the dow losing streak. Minimal gains across the board. Saw japan up 0. 1 . The hang seng advancing, shanghai lower by 0. 3 . Asia, we finished th
Trading, youre already going to see that things are fixed there as well. The dax is higher as well as the cac. Ftse relatively flat. The tenyear note. Yesterday the yield was settled in, back above 2. 4 . This morning still sitting at 2. 416. If you check out crude oil prices, which were slightly higher yesterday, this morning wti is up 28 cents to 4. 65. Couple big stories to watch this morning. British Prime Minister theresa may triggering a brexit. Signing a letter to invoke article 50. The letter with be land delivered to the European Council president in one hour from now. Todays actions mark the start of official divorce talks between the eu and the uk. Wilfred frost will join us at the bottom of the hour to talk to us more about brexit. Fed impending home sales come out at 10 00 a. M. Charlie evans, Eric Rosengren and John Williams will start to speak later today. Well watch for that. In an interview on cnbc yesterday, which hopefully you did not miss, because we told you not to
Tong forward its important get the laws changed so we do not have a report that just sits on the shelf is we cannot afford to have this kind of tragedy. Be of our work will important. I turn back and thank the chair. Let me close by thanking the officers. You are true heroes to me and this committee. Thank you for my Watertown Police patch. I will wear this very pro next, the house debates the federal budget. Then this weeks Prime Ministers questions from the british house of commons. Followed by a house hearing on the oneyear anniversary of the bombings. Athon the next on washington journal, a look at the differences between the budgets released by House Democrats and Budget Committee chairman paul ryan. Our guest is congressman john of kentucky, a member of the Budget Committee. Representative aaron schock of illinois, a member of of the ways and Means Committee, will theere to talk about prospects for tax reform in congress. Washington journal is live starting at 7 00 a. M. Eastern,
And it should not be the facts of 2014. It should not be the way things are. You you know, theres been a lot of discussion around the opportunities for women and obviously weve grown you cant see 20 women in the United States senate and not think that were making some progress. But we have to think not only about those women in professional occupations but those women who are our school cooks and our janitors, like my mother, those women who are working every day at the diner to put food on on the table to to put food on their familys table and food on the table of their patrons. And so when were talking about this i also talk about the need for an increase in minimum wage, which i know is is a topic for further discussion on the floor. But i like to remind my fellow senators that the current minimum wage which as we all know overrepresented by women the number of people earning minimum wage, overrepresented by women is less than 9 is less than 9 of a congressional salary. And we have
On the next washington journal a report showing that the number of stayathome mothers is on the rise here in than a Washington Post reporter looks at the challenges facing the next secretary of health and human services. Then a discussion about the u. S. s contribution to the u. N. Peacekeeping operations. You can join the conversation on facebook and twitter. Washington journal live at 7 00 a. M. Eastern. Reddish Prime Minister David Cameron answered questions wednesday about the resignation of the culture secretary arena miller. She resigned over allegations of excessive spending and expenses. Minister cameron believes that she should have been able to apologize and carry on with her job. This is just over 30 minutes. Off the ground. Order. Questions to the Prime Minister. Number one, mr. Speaker,. Prime minister. Thank you, mr. Speaker. Mr. Speaker, this morning i had meetings with ministerial colleagues and others, and in addition to my duties in this house, i shall have further su