Word of the day for traders. Chinese stocks extended the worst fiveday drop since 1996. The marx apparently unconvinced by the peoples bank of china decision to cut markets rate the apparently unconvinced. Stoxx 60019 indices are down here lets cross to our chief asia correspondent. Enda, a very good day to you. Markets simply unconvinced is the word. Enda unconvinced is exactly right. What the Global Markets wanted out of china was a Circuit Breaker. There is a feeling this crisis began in china. Dona needed to intervene, to something. It does not look like what they have done has been enough. The central bank will need to cut rates further. That the government will need to do more to shore up the chinese economy and turn sentiment around. The positive thing is that china has monday of more ammunition in its arsenal if needed china has plenty more ammunition in its arsenal if needed. Francine what is next . I guess the question is how much will they intervene . Enda well, so this is o
Look at the day the lord has made. We thought it was going to be raining, a wash out, look at this weather. Before we introduce our guests hey jared can you do a 360, we have more people here this early then any other year. Thinks our ninth year doing this we solute the military just to say thank you, thank you, thank you. Hello, family. We are all family today. I didnt see you standing there with the camouflage. Old joke, old joke. Lets introduce our guest. We have Major General christopher pence good morning to you. Good morning, thanks for having us. So glad you are here. Master Sergeant Larry williams, sergeant, good to see you. Thanks for having us good to see you. I mean today, just look at the news over the last 24 to 48 hours. We need you folks more than ever before. We have had a terrorist attack in london, already. I know that all branches of the service, maybe not coastguard but trying to fight off isis. I dont know if they take responsibility but it looks like an isis opera
Find durant, durant for three, bang. Star who stepped up big time for warriors, plus what happens between kevin durant and rehand a is joel embiid of the sixers know about this . Will look at him giving her the eye, shoot that shot. Yes. Shoot your shot 2017. Shoot your shot. Did you realize it was National Doughnut day. Oh, yeah. I realized when Dunkin Donuts pulled out a truck, all that junk in my trunk by the time i eat all those doughnuts yes. Nobody is out there yet. You watch how fast humans of olde city flock to fourth and market. Even joggers will be running by. One of the viewers said they have kate batter doughnut , turf try that. That sound so good. They have got ice coffee. It is all free. This is normally a holiday for me so i get a comp day. We are asking people if you know great doughnut places let us know if you would like to drop them off. We are big fans of Dunkin Donuts but we get doughnuts from other places as well. Where did my big giant cup of coffee go. I like to
Record profit. Haidi opening the bond market to renewed leverage. Some say this is not a great idea. Rishaad World Leaders preparing for g20, trade, migration, and north korea topping the agenda in hamburg. Lets get to this big corporate story. Preliminary earnings out of samsung, not the phone side doing so great, but should business with chip business and the Flagship Smartphone winning over customers following that huge the follicle following the note 7, 12 billion in the three months at the end of june. I want simplified chart to bring up, the function of financial analysis, and that is showing you the main drivers of growth. This is what we see with mobile. Nd semiconductors the oranges how much semiconductors are contributing to the bottom line, and green of being smart phones. That giving you the state of play for a Company Behind the scenes makes more money than what you see upfront. Haidi you have the reputational hit it took from the note seven debacle, but dont forget the he
Describing the dollar as strong. And Easyjet Brexit turbulence. The Budget Airline says sterling will impact earnings by over 100 Million Pounds. It rose 20 since october in the shares keep climbing . Matt well, we are looking at futures that indicate we could see gains across europe this morning as the ftse futures are at about. 3 , cac futures up about. 2 , dax futures very little change after drops across the board yesterday. We see further pound weakness today, or should i say we see dollar strength. The dollar, after coming off a little bit off Steve Mnuchins comments, starting to gain back the strength that have lost. Guy absolutely, let the show you on the gmm. The british pound is the big loser. This is advance of the Supreme Court ruling, which comes through at 9 30. As matt says, more to do with whats happening with the dollar. They got hit a bit yesterday, and now beginning to come back. This morning it is down but it is starting to rise. The yen is down as well. The aussie