Fed, the chair saying inflation is still too high. Weve got a big day for apple, which will report its earnings after the bell, this amid signs of an iphone slump and, of course, potential struggles in china were keeping an eye on shares of carvana. They are up as much as 40 in the premarket. Remember when that thing was close to bankruptcy . Well, this was a recordsetting quarter, and were going to talk with the ceo that will be next here on squawk on the street. Lets begin with the markets and the fed, the day after the chair delivered this message on rates. Its unlikely that the next policy rate move will be a hike. I would say its unlikely. You know, our policy focus is really what i just mentioned, which is how long to keep policy restrictive. Lot of takes today, jim bmp unequivocally dovish, you agree . Thats a hard one, because i think that b of a saying fomc meeting, wait and see. Fomc bias here, Morgan Stanley firm hold with the firm hold. Fomc stalling for time, wells fargo.
The fed kicks off a swathe of Central Bank Rate decisions. Will the dots deliver a more hawkish message . Delivers. Day of trading. We will take you live to the uae for an update. Matt as you alluded to, we may see a delay in the open, we will see a delay in frankfurt. The trading system has been disrupted because of technical problems. X is experiencing serious issues. Delay, aoking at a likely delay. We do not know how long it will take or if it affects all assets that we will see delays on the sessions eurex trading. Lets take a look at where the futures are pointing us. You can see that the ftse futures are virtually unchanged at the moment. You will see in a moment rates look the same. Down. 1 of 1 . Take a look at the treasuries. 2. 3976 field. It has moved sideways since the close of trade yesterday. This is a three day look at the treasury yields. Not getting a lot of direction from there either. I absolutely. It could affect other markets. Austria could be affected. I am told
As steve smith wrested back all the momentum at the end of day two. Thanksjohn and darren bett has all the weather temps dropping a bit . It will be cold and things changing gcioss it will be cold and things changing across the weekend, i will tell you about that in a bit. A choir of people who cannot read but making music together. The eu has formally agreed to move to the next phase of talks on brexit. Theresa may welcomed the move as an important step on the road to ensuring a smooth and orderly brexit. It is always a little bit chaotic toward the end of an eu summit, a bit like a feeding frenzy, all of these journalists running back bit like a feeding frenzy, all of thesejournalists running back and forward to different press conferences. There have been press conferences. There have been press conferences from Emmanuel Macron and ankara merkel and everyone reacting to the idea that the negotiation should move on to the next phase. The test of sufficient for progress has been met a
With our rulses to suspend trading because we wanted to make sure that nyse stocks wouldnt be negatively impacted. Trading on platforms other than the floor was uneffected and despite the halt nyse consolidated volume which captures trading across all platforms was heavier than normal due to the Global Market sell off. Speaking of stocks lets check on how todays session is shaping up. U. S. Equity futures looking for a bounce back after the big sell off yesterday. Dow futures implied with an open plus 150 points. Heres big stories were watching today at this hour. Well start with china. Beijing taking drastic steps to prop up its market there. Along todays move banning shareholders with large stakes in listed firms from selling. It closed up nearly 6 . Elsewhere, south korea rates overnight but did have the countrys Economic Growth forecast. And then of course have to keep updating you on the situation in greece. Meantime germanys Central Bank Warns that greek solvency should not be in
The long going standoff and says the only way to solve the crisis is for the u. S. And south korea to stop joint military exercises, which it called a rehearsal for war. President trump is losing another white house aide. Insiders say it could be the most damaging. Keith schiller is leaving. He was director of oval office regulations. He was once mr. Trumps bodyguard and closest confidant. Senate colleagues welcomed back john mccain in washington. The six term arizona senator had been receiving chemotherapy for cancer in phoenix. He is the chair of the Armed Services committee. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti. This is bloomberg. Bloomberg technology is next. Emily i am emily chang and this is bloomberg technology. The American Dream in limbo, nearly one Million People who arrived in the u. S. As children face deportation after the Trump Administration pulled the curtain down on daca. Our deep