Require the commission not just to say in public that theyll be creative and flexible, it also requires them to private to get into those discussions with us so we get this deal over the line. European markets trade cautiously higher and asian equities rally after beijing cuts the triple r as export data shows the trade war with the u. S. Is taking its toll. Oil prices rally after Saudi Arabia Energy minister and puts in place royal for very first time i caught up with the u. S. Deputy secretary of energy and he says the man has a tough road ahead. Got a very tough road ahead of him, i must say u. S. Production will continue to go up all throughout 2019 and certainly into 2020. Our own ei, and Information Administration is projecting well see at least 13 Million Barrels per day producing United States by the end of this year. And air france shares fall on disappointing traffic figures and speculation it could rescue troubled airline while a pilot strike grounds nearly every british air
Plus Consumer Confidence slips but less so and bill dudley says the fed shouldnt enable the disastrous path of trade war es ka ligs and should attempt to influence the election not cutting rates further. We have it all coming up in hour joining us for the hour is steve grasso here at post nine good to see you. Good to see you. A wobbly session today in terms of the market. Up on the dow. That didnt hold but we are also kind of oscillating off the lows here still within this monthlong range. I think its about yields german yields, negative yields around the world probably heading even lower from there and taking the equity markets with it. Thats it from the 50,000 foot up and now trade headline, dudley today writing today and trump tweeting dudley in any other news day i think dudley should have been the focus from start to finish but when you have rates and when you have headlines on trade that kind of gets lost in the shuffle and been covering it quite well but that to me is something
Flagship fund suffering one of its worst first half performances in two decades. Disney breaking office in the a box office, this time its the lion king hauling in the biggest opening for a july movie ever. Its monday, july 22nd youre watching Worldwide Exchange, and it begins right now. Good morning and welcome to shWorldwide Exchange im domic chu in for Brian Sullivan today. Stock Index Futures inindicating the dow will open up by 54 points the s p would be up by 6 points and the nasdaq up by 20. The major averages all coming off their worst week since may on the treasury yield side of things, were seeing a slight tick lower in tenyear note yields the twoyear 1. 82 lets go worldwide in the asian trade. Japan, this morning, you can see here down by about one quarter of 1 this as shinzo abe the Prime Minister declared victory in the countrys National Elections just yesterday its a win that could ensure his place in history as japans longest serving Prime Minister also in china, were se
Joining us is lindsay bell i hear you, i think earnings seeing the twoweek bounce in the market, whats happening with expectations . We are seeing second half earnings, especially the Third Quarter numbers come down a little bit this is going to be after a Second Quarter where we see a decline of 1. 4 . Thats the expectation as we all know, earnings coming in better than expected. I would expect flat to up slightly in the Second Quarter but it is all about guidance as it always is because these tariffs the numbers havent been accounted for in the second half. Broad come a wakeup call it was. Theyre expecting 500 billion of imports to be tariffed by the end of the year so we wouldnt be surprised to see more companies to do that with us for the first hour of the story. Kayla tausche has the latest, meg terrell with the latest and phil lebeau at the Paris Air Show kayla . Theres hearing under way, a last roadblock to President Trump putting those new tariffs in place on the remaining chin
Time for a look at the weather. Heres sarah keith lucas. A bit of spring sunshine. Of us. This is the picture in east sussex. A little bit hazy if you have blue skies. For most, sky is a little bit more like this, the picture in cumbria. A lot of cloud and for the rest of the day producing showery outbreaks of rain drifting east, but quite mild. Particularly in the south and south east. We could see 17 degrees this afternoon, down to the fact the winds are coming from the fact the winds are coming from the south westerly direction, so we have the warmer air mass and weather fronts continuing to produce rain particularly across parts of Central Scotland, quite persistent here, and Northern Ireland. Heavy showers across parts of england and wales. Temperatures, 16, possibly i7 across parts of england and wales. Temperatures, 16, possibly 17 in the east of england. Typically single figures in Central Scotland with more persistent rainfall. This evening, still got the rain in Central Scotl