Is the boeing breaking up the duopoly . Brexitress on the negotiations. U. K. Economy is not growing at a rip roaring rate. Carney speaks in less than two hours. Matt good morning. From the index opening, and castrating, we see Index Futures here. We had a mixed picture yesterday. Not a lot of action. Today we see the same thing. 0. 2 . Ex is down about little change on the dax. Blooms had been stuck in a range for so long. This is a onemonth look at the german tenyear trade. Investors have started to stock up on their safe haven bets. Buying them and pushing the yield down. It is up a little bit today. You can see from that red arrow pointing up, dont let that confuse you. Right now trading only at 38. That is a pretty low number for german bund it yields. Guy take a look at what is happening with the u. S. Shape of the curve. Yesterday the curve flattened, again, and big. It was a really big move. It is what we are seeing in europe as well. The markets should Pay Attention to it. Let
In the u. S. After all three major averages reached records yesterday. The focus is more on individual Companies Reported earnings, and we are heating up in that department. A lot of Companies Reporting today and over the next couple of weeks. We are closer to a milestone. It is not the universe not the anniversary of black monday, although that is approaching as well, but we are going to match the longest streak ever without a 3 decline in the s p 500. If you look at the bloomberg, the last time we had that kind of streak from january 1995 to january of 1996, that was 247 trading days. As long as we dont see a few percent pullback this week 3 pullback this week, we will match that or exceed it. The blue line is this week back into the mid1990s. Health care shares of the bestperforming stock today, and that is led by united health, the nations Largest Health insurer, came out with its earnings. The medical loss ratio is lower than it had anticipated. Its medical spending by its custome
Livex is higher three quarters of 1 . All these currencies are falling on the second column against the dollar. The u. K. Fiveyear yield is lower by five basis points. Climbing in the u. K. To its highest rate in five years in september, boosted by the cost of food and transport. 3 , the prices rising fastest pace since april 2012. The increase in tense of five the squeeze on households. Could strengthen the case for the bank of england to hike rates next month for the first time in more than a decade. That view was given some backing by governor mark carney earlier in testimony. He reiterated his views that a rate hike may be coming. Lets stick with the u. K. , the year we officials have convinced economists a rate hike is imminent. More than three quarters of Analysts Expect the boe to raise in november. Up from one in five last month. They predicted that could be the banks last move for some time. The green line is the new forecast trajectory. The blue line is the previous forecast
Weaker looking at europe this morning, the early trading taking place, at least at this hour things are flat there the dax is slightly higher, the cac and ftse are slightly lower. Spain up by a tenth of a percentage point crude oil prices were up yesterday to a twoweek high, up at 51. 87 this morning those gains continue with wti for november delivery up by 21 cents to 52. 08. Wow dow component United Health is reporting. Stock has been on a tear for years, right in fact, the stock getting close to a new high, 1 186 billion market cap, almost 1 187 billion market cap reporting 266 a share. Thats tencents above expectation. For the year, they see 2017 adjusted net at 10. Medical loss rates, they call it Something Different now. They call it medical care ratio, 81. 4 thats like the inverse of profit margin. Revenue, 50. 32 billion you cant necessarily compare apples to apples, i like the earnings per share or the earnings increase. 26 . 26 earnings increase. That is what do you do with t
Lauren breaking news this morning. Are you ready for the drama of the voter rumble with the senate will vote on a budget bill that could clear the way. Cheryl fed chair janet yellen heads to the white house interview for the job shear the house. Will the president reappoint her next year . Lauren and then theres this. Its very strange antibullying ad for burger king. Fbn am starts right now. Train to and it is 5 01 a. M. In new york. Thursday, october 19th. Good morning and cheryl casone. Lauren good morning im lauren simonetti. Cheryl great day. Much in the markets this morning. We are also watching some breaking news. A photo from its beginning today. The senate will vote on a number of amendments before final votes on a budget measure that republicans must pass the fiscal 2018 budget to advance tax reform. President trump pushing for his plane in a meeting with members of the Senate Finance committee yesterday. Will cut the business tax rate from the highest in the developed world o