108 points hire. So good news all around. Lets see if it can stay this way. Treasury yields, you can look at a 10year note at. 681 we have so much going on the fed kicking off a twoday meeting. The first since it put new framework into place isnt expected to change Interest Rates fed chair powell planning to answer questions about the outlook during tomorrows News Conference then we have the data coming in today where we get august import and export prices. The latest productions numbers and the earnings, we have fedex and adobe. A lot of other news, joe i can hear the bounce in your step i hear it in your voice. I think it might be the guests we have again today. I know you are excited for the hour we had great guests yesterday and great guests today we have bob from viea come cbs Jared Kushner coming up in the 7 00 hour. Kevin mccarthy then i realize we miss becky whenever shes out but you like to talk and i guess i do too so it is 50 50, instead of 33, 33, 33 you dont have to admit
Credit suisse posts 75 increase Standard Charter ceo tell cnbc the pandemic could still negatively impact the sector despite the early resilience the shock we are experiencing in the first place is as severe. As this pandemic unfolds and we wont know exactly or generally how this will progress, we have to suspect that impact is very, very material. The pope extends a prayer for european unity but divisions are expected to still dominate eu leaders go on line in a Video Conference meant to talk about further assistance to fight the pandemic a crude comeback buyers rush back sending u. S. Oil prices up almost 40 in overnight trade. Surprising tensions between u. S. And iran also supporting the price. Welcome to street signs. Lets kick off the hour with fresh eurozone pmi numbers we have heard of the french and german numbers now for the eurozone as a whole. The april composite pmi flash number has come in at 13. 5 that is much worse than the market was expecting we were looking for a num
Possibility of new deal being there. Some mps would like to remove that option. Lets bring in christian again. We have heard warning from the bank of england, the office for budget responsibility, saying a no deal would be disastrous for the dish economy. Boys it force johnson would be disastrous for the dish economy. Boys it forcejohnson and his supporters say thats a risk worth taking why is it that Boris Johnson says . They point to some of the comments from once you get through some of the mess in the short and medium term, longer term the opportunities for the british economy will be there. That is a debate that will form part of a general Election Campaign. Is it good for the uk economy or is it not . Ijust good for the uk economy or is it not . I just want to pick good for the uk economy or is it not . Ijust want to pick up on what youre seeing about the speaker because we should mention again, this is totally unprecedented what is happening tonight. What do you make of that tha
And well bring you that vote live. And you can send your questions for christian and for me using the hashtag bchs. We will bejoined we will be joined by Robert Watson as well. We think we are less than one hour away from a vote that is pivotal to the future of the united kingdom. The opposition, along with rebel mps from the Ruling Conservative Party, are seeking to prevent a no deal brexit in any circumstances. To prevent a no deal brexit if they succeed, the consequences are myriad. If and how brexit happens will be completely unknown, the Ruling Conservative Party will be torn apart as a series of high profile mps are expelled and Boris Johnsons government would appear to be untenable, meaning he may well call an election within hours. And remember this is parliaments first day back after the summer. The Prime Ministers argument is that he doesnt want a no deal brexit, but without the possibility of one, he cant negotiate with the eu. And during a series of bruising exchanges, hes
Dont know. A Study Reveals the lengths people go to to avoid awkward elevator encounters. Its friday, august 2nd. Fbn a. M. Starts right now. This is how we do it. Its friday night. And ill feel all right. The partys here on the west side. So i reach for my shorty and i turn it up. Designated driver take the keys to my truck. Cheryl welcome to fbn a. M. Good morning. Im cheryl casone. Lauren happy friday. Good morning. Ism lauren simonetti. Cheryl lets take a look at how your money is moving this morning. After yesterdays 280 point drop for the dow. Were down 104 in the premarket, nasdaq down 64 and three quarters. Lauren in the bond market, the 10 year treasury is down another 4 basis points, 1. 85 . Cheryl after yesterdays nearly 8 plunge on wti, taking a look at oil. Were slightly higher, 54. 94. Lauren a lot is moving the asian market, a sea of red. Look at the nikkei in japan, it is down more than 2 . The south korean kospi is down 1 . Japan has removed south korea from their list