Soul cycle says its going blik with an unusual filing that cites its culture of yes and mission to aspire to inspire. All right. We had just had eurozone july cbi number. That came in at 0. 2 a year. That was bang in line with expectation. Steady compared to the prior month. Were not seeing a reaction in the eurozone right now. Inflation stable at 0. 2 . Far away from the ecbs target. As we saw in the german cpi print yesterday, the Energy Prices are still weighing on the price level. That is something that the ecb mentioned in the monthly report yesterday. So as long as energy doesnt bounce back were not going to see a sustained rise in Inflation Numbers for the euro zone. Deflation is something hay have to consider. There was an overlying concern that greece could cast a shadow. Not so much. It doesnt really. The euro holding on against the u. S. Dollar. Look at u. S. Futures. What can we expect on the last trading day of july in were in for a higher open. At this point, the dow up a
Starts in the sale of its brazilian unit. Meanwhile, the german bank profits double. Heineken shares maintains guidance in strength in most of its markets upsets weak demand in africa. It tells cnbc is can weather the challenges. If you look at the next coming 25 years, the first big positive for our industry was some hiccups, but they will remain positive for the long time. Good morning, everyone. Lets get straight to some Macro Economic data in the form of eurozone july manufacturing pmi. That came in 52. 4. Versus a forecast of 52. Slightly better than expected. The june was 52. 5. What were seeing in july a tine will slowdown. Lets just go through the different economying. Spains Manufacturing Sector saw a surprise slowdown in the month of july 53. 6 below expectations but still expanding but we saw the fastest rise in employment since the start of 2007. Lets also talk about france. It was below the boom bust line of 50. July, 49. 6. But the german number was slightly better than e
U. S. Auto sales are expected to past 17 million for the third month as suvs and pickup trucks remain strong in july. And youre fired. Donald trump slumped because of racist comments but now first in the polls. Meanwhile, joe biden is reportedly thinking about dipping his toe into the race. All right. Welcome back. Lets have a quick look at the athens Stock Exchange. It opened for the first time in five weeks today. And it is down quite heavily as expected. It was off by roughly 20 . This is what we were expecting. Based on u. S. Traded etf of good stocks, this big decline is by no means a big surprise. But as you can see, the banking stocks are the hardest hit. National bank of greece off by 30 . And were seeing those declines across the banking sector. The banking sectors got a 20 rating for the index. And theres still a lot of question marks about the health of these bank given that 93 need to be recapitalized. Its not just the market that is suffering this morning, the economy as w
Intervention is not the solution solution. They are desperate to try to keep this market up and theyre trying every rule in the book to do that. Unfortunately as you know the more they do the more uncertainty is imposed on the market. Its official puerto rico defaults on a Debt Repayment for the first time ever. The governments debt spiral warning comes to fruition. Putting the brakes on profits. Toyota calls china a difficult environment while bmw warns of slowing sales. Coming up on the show hes a man with a plan. Obama talks tough on climate change. What would you give the president for his birthday which, by the way, is today . The numbers are in and its not looking good for Hillary Clinton. Stay tuned as we unveil the results of the latest wall street journal poll and angry gamers. Why the app ruffled some feathers, later in the show. Welcome to the show. It was an ugly start to the month of august with stocks falling across the board. The dow losing 91 points. A lot having to do
Lift off in september. The stage is set for thursdays show down. The lineup for the first debate is revealed. Coming up on the show, is apple becoming a roten stock. Well explain next. Well take a look at a Luxury Retailer looking to go public for the second time. Also coming up on the show, putting your money where your mouth is. A leading investor from index ventures explains why food delivery apps make for a good investment. Welcome to the show. Yes, this is worldwide exchange. Those comments really sending shockwaves across wall street yesterday. Stocks ending lower. In fact, appleby far the biggest drag on the dow. The worst performing stock now tracking for its 5th consecutive down day. One of the reasons we saw the nasdaq underperform. In todays trade we have a dose of Economic Data plus earnings continue to be a focal point for investors. Nasdaq up 8 points in premarket trade. The dow up just slightly. Despite the sell off on wall street over the past two days s p 500 only 2 aw