Repeal and replace bill passes the u. S. House. What does this mean for President Trumps ability to turn policy into legislation . Lets talk about whats happening in the markets now. This is the move you are seeing at the moment. European equities opening soft this morning. London looks like its going to outperform just a little bit. We will circle back in just a moment. Probably a bigger focus is oil right now and the rest of the commodity complex. Lets turn our attention there and take a quick look at the gmm. Seeing dollarcanadian dollar down. It is a commodities story. So the risk is up aversion trade is on. The Australian Dollar is under pressure. In some ways, you would expect this to be more under pressure. Were going to talk t about that with mark cudmore. Lets show you the column that really highlights it all. There are a bunch of contracts that you can use for iron ore. This is one of them. This is the deli at contract. It is down at the moment. Entire energy the complex, tra
Well. New music friday as well 6. We are listening to fifth harmonys new song called down. You looked at the prompter for that. You didnt know that. Did you . She literally just arrived. They closed the bridge. You cant get your makeup done in six minutes. U. S. Equity futures after a trifecta of a record close. S p, dow and nasdaq finishing at record highs yesterday. The strength continues this morning. Dow futures are up more than 50 points. Nasdaq futures up 20. S p futures are up 5 points. Russell didnt have a record close . I dont think so. Russell has been lagging a bit. That would have been quadfecta. I think it was quartet. Didnt we agree on that . Lets show you where oil prices stand. Part of the story. We did see a rebound yesterday in the trade. Wti down 2 . Wti at 47. 33. Brent down as well. 49. 57. The interesting thing on oil, obvious that this would react in that way, permitting more supply to come on from the frackers, does this allow more demand for the fossil fuel or
Welcome to countdown. Again . Candy king crush the cofounder of king as it launches its latest game. It is hard for any game to try to beat candy crush because of them massive success, crush is taking a great game that players love and the early indication is they do love it. Voters have voted the second u. K. Party candidate to parliament. The man who left the conservatives for a party which wants to take the u. K. Out of the European Union. He won the seat with the majority of 3000 votes pushing the thirdvatives place, it was a bad night for all the three major parties. Mark reckless dedicated his candidate victory to the vultures of rochester. Voters of rochester. Toi wish i had the word press how grateful i am because this is your victory. ,s you savor it think of this rochester was the 271st most winnable seat, if we win here we can win across the country. If you vote ukip, you get ukip. David cameron has not yet given his reaction but is expected to speak later this morning but t
Howd be affecting the move . Remaining flat. Markets are phenomenally resilient. Greece is one of them. Russia is another. Ryan chilcote calls the talks at the moment small fry. Wait until they get to merkel. Could we get any kind of ceasefire in ukraine . At the moment remaining flat after 20 or 30 seconds into trading. Were looking at some of the stories when looking at the euro. Basically flat against the dollar as we will see. Business coming off of session lows. The euro looking flat. We are seeing a bit of a drop in the oil prices once again. U. S. Supplied actually, we are turning higher. Brent is up. 4 . New shakes in the oil market but it fell that little bit yesterday. The u. S. Supply imbalance with the demand. No real fear or terror happening in the bond market. We are seeing greek foreign, trading down a little bit. Still above 16 . We are seeing money coming of germany. Yields creeping slightly higher. The fiveyear look, we are still getting negative yield for fiveyear ge
Lawmaker hiking its full year outlook as sales jumped 70 in the Fourth Quarter. Twitter finally sets the price of its ipo today after the closing bell. The most anticipated tech offering since facebook last year. Very warm welcome to you. We kick off with the final snapshot of the services pmi and the composite. The final services pmi, 51. 6. A pick up from the 50. 9 flash number. The composite pmi, then, 51. 9. It was 51. 5 was the flash of the composite number was picked up, as well. October Services Output prices, 48. 5. That is a slight tick down in prices from 48. 6. Which was the flash number. Euro dollar just moved away from that sevenweek low. 1. 3501. Were traiding between that 1. 34 level and the two of year high which we hit two weeks ago, 1. 3833. Well get more action on the eurozone economy as we go through the program. Also listen to go what ba systems has to say, theyre expecting to act around 1,000 jobs in three uk shipyards. They will make more announcement a little bi