Good morning on a monday and welcome to Worldwide Exchange on cnbc. Im sara eisen along with dominic chu. Thaps for sitting in for wilfred frost. Great to be here. Investigators searching forrancfo forranfor answers on the gunman who killed three Police Officers and injured three others. And then a deadly military coup attempt in turkey has failed over the weekend. Thousands have been rounded up and arrested. A report from istanbul coming up as well. First, a lot of geopolitical uncertainty. Global investors shake it off. Were green across the board mod erately speaking. The Dow Jones Industrial average up 37 points and nasdaq, 9. Yes, green, again, but not crazy to the outside. Tenyear treasury notes currently yielding 1. 5, 11. 8 . Lets take a look at whats happening in europe because were seeing equity market strength now. We did see a little bit flatness but the german dax, flat again. Theyre all ratcheting back a little bit. Of course, powered by that arm holding deal. The ibex 35 in spain fractionally to the downside, sara. Thats what happened in aovernight. The japanese nikkei finished higher. Home prices there moderated potentially weighing into the trade. Now lets go across and show you the broader market. Currencies, the british pound is higher. If you got a 32 billion deal, thats a whopper of a currency trade because they have to buy it in british pounds. So the pound continues its strength. Its post brexit recovery, were a lock way off unlike the stockmarket. As for the dollar yen, thats a focal point. Clearly the weakening japanese yen continues. This after the worst week for the japanese yen in decades. Thats been helpful to the japanese stockmarket. It continues above 105. Oil prices were down. Theyre pretty flat to modestly higher. Wti pushing. There we go. 46 a barrel. Brent, 46 a barrel. And as for gold, sold off a bit in the wake of the recordhigh stockmarket. A little bit higher. Up a buck. Its going to get heavy on earnings this week. Its interesting. It didnt happen as much as we thought it would. Then as it became clear that erdogan was still in control and regaining control potentially a lot less uncertainty. You could see there on the boards, dollar turn eric lira, 2. 95. Of course, that means weve gotten just around half of the losses that we saw turkish lira. That was the concern early on friday. In deal news, japan softbank, more than 32 million. Thats about a 43 premium. This is an all cash deal and its been approved by both k companies directors. The combination comes less than a month after the uks decision to leave the European Union, the socalled brexit, which has push. It shows that britain remains attractive for investments even after the brexit vote. Were showing a pound dollar chart right now. If you look at pound yen, of course, this is a pound yen play, right, because you have the safety bid coming back for yen over the course of the past few months. You have the pound weakening. So those yen crosses you love so much to talk about, sterling yen, theyve got a great discount. It used to cost you 195 yen to buy a pound a year ago. Now it costs you 140 even after this deal. I got to a low. After the brexit it lost 120 of its value. That was clearly the impetus for the deal. Strategically if you look at what oshies son has done, hes continuing work through dealing. They control sprint in this country. And that was a 20 billion three years ago. This is a huge deal and they also say its a play in the press release on the internet of things. This is a chip company that powers all sorts of thing. And a samsung 1u7 plier. That goes into so many devices. The question potentially is are the regulators going to approve. Theresa may is the new Prime Minister of the uk. I wonder how cautious shell be. As a result of brexit because politically speaking that could be a problem as we continue to see this. Of course, i it would also be a signal that their trade doors are open. They dont have an yoep lapping business. Well see if it goes through. Switching gears, an investigation under way after three louisiana Law Enforcement officers were kill and three more injured during what officials have been calling an ambush. Jay gray is live in baton rouge for us with the latest. Jay. Hey, there, sara. This is where it all unfolded. A rolling gun bat frl this car wash across to that Convenience Store. Police and federal agents still learning for evidence and answers. Were learning more about the victims and the suspect whos responsible for the deadly attack. As the shots exploded sunday morning in baton rouge. Shots fired, officer down. Shots fired. Reporter three officers were killed. Montrell jackson, matthew gerald, and brad garafola, all three husbands and fathers. Three more wounded. One of those still in Critical Condition. Officials in louisiana have called it an ambush, carried out by a lone gunman, gavin eugene long on his 29th birthday its unjustified, unjustifiable. The violence, the hatred just has to stop. Overa long time long had a long name. Describing himself as a freedom strategist and spiritual adviser. Five polices were assassinated by a sniper. After that he spoke about, victims fighting their protesters. Protests and tensions have been building in baton rouge after the controversial death of ail on the sterling. Sterlings family made an emotional plea for peace. At the end of the day when these people call these families and they tell them that their daddies and mothers are not coming home no more, i know how they feel, because i got the same phone call. Reporter the call echoed for the second time in two weeks across a city and nation mourning the loss of those that wear a badge. Now, just hours before there was a cryptic message. Just because you wake up every morning does not mean youre living and just because you shed your physical body doesnt mean your dead. Part of the digital footprint at the center of the investigation going on here. Dominic and sara . Thank you very much. We oar going to move to cleveland where the Gop Convention begins today. John harwood is there. And in cleveland, it rocks. It does, so says the show back then from drew carey, but whats the feel from day one as we kick off the Republican National convention. Reporter its uneasy here. Republicans are concerned. Why . Because donald trump whos going to be nominated this week is trailing Hillary Clinton in the polls. He has huge advantages among white voters, young men in particular. Hes down 4641. Fivepoint spread down in all regions of the country except for the hoult but donald trump is hoping unease abroad but hoping turkey, the unsuccessful coup and that other cities around the country is going to buy him a boost as casting himself as a law and order candidate. Heres donald trump in a an interview with cbs yesterday. It doesnt necessarily given us a right to commit suicide as a country, okay . Ill tell you this. Call it whatever you want. Change territories, but there are territories and terror states and terror stations ta were not going to allow people to come into our country and were going to have what they call extreme vetting. Were going have extreme vetting. Theyre going to come in and were going to know where they came from and where they came from. This man is awed by the American People and not intimidated by tl world and donald trump, i believe, a good man, will be a great president of the United Statesing. Mike pence, social conservative, religious conservative, republicans are hoping he can unite party whos uneasy with donald trump. Theyve got a lot to do in four days to try to lift Donald Trumps image which is very mixed with the electorate right now, guys. John, very quickly, if you had to pin it to one or two points, what are the talking points trump and pence need to get across to the American People in the next couple of days . Reporter as mijsed casting themselves as the law around order ticket, w. H. O. Will stand up for the United States abros. And at home. In terms of the broader message about donald trump, hes going to have to convey in four days, especially in his sep stance speech on thursday night that he can be an applaudable president. Rehn, Hillary Clintons campaign against him is hes too erratic, unstable, lacks the judgment to be president of the United States. He has to show why he is suitable. Do they have unity on the ticket. I watch thad yesterday and i know there were a lot of questions about whether governor pence agreed with trump on a lot of issues including trade. Whats the reviews on that interview . It didnt look very comforten and cohesive, i have to say . Nothing, sara, about the weekend roll of the trump pence ticket was anything but awkward including rollout on saturday morning where donald trump didnt seem to want to be in the frame picture frame with mike pence where he gave a speech, where he was talking mostly about himself. Pence was a bit of an afterthought in that speech. Everybody knows voters go for the top of the takata, not t thats because a lot of the party is uncomfortable with the challenge. First he has to reassure his party, second that he can run a campaign, run a convention, and run the country as president. We eelg see how that goes this week, john. Thank you very much. Live from cleveland. Now to the week ahead on wall street. The Housing Market is on focus while earning season gets into high gear. Today look for the monthly survey from the National Association of homebuilders and tomorrow well get june housing starts. The philly fed survey. Well get a steady stream of earnings as mentioned with ten dow components and 85 S P Companies reporting. Bank of america, ibm, netflix, yahoo . Those are just out today. Goldman sachs reporting tomorrow. General motors, at t, and starbucks on thursday, dw e and American Airlines out on friday. Were going to be looking for a lot of symbols. First what are the multinationals saying about brexit and the European Business and the consumers in this country, how healthy its going to be and whether the legup can continue. They have sort of rotated into a better position along with this market. Well see if that continues. Of course an earnings parade. And coming up on the show, with ee were going to see. Well tell wu what Boris Johnson is saying to his counter parts next. Worldwide exchange is going to be back next right after the break. Hey, honey . Yes, dear . Youre washing that bakedon alfredo by hand, right . loudly yes, dear. Dish issues . Cascade platinum powers through. Your toughest stuckon food. So let your dishwasher be the dishwasher. This turned out great. Cascade. You gein your car. Odors you think it smells fine, but your passengers smell this. {ding} eliminate odors youve gone nose blind too, for up to 30 days with the febreze car vent clip. Wow, it smells good in here. So you and your passengers can breathe happy. Welcome back to Worldwide Exchange. A key u. S. Ally in the fight against isis. Thousands have been rounded up and arrested as alleged cocon spoir tors. Nc chief correspondent Richard Engel has the latest for us inside turkey. Reporter this is how turkey wants the failed military coup to be remembered. Unarmed civilians cowing down to tanks. The people defending their elected president , erdogan. He helped carry a coffin, his campaign manager. More than 6,000 alleged conspirators have been detained. The traitors will be rooted out like a conditionser, said erdogan. Cnn turk a local channel kept broadcasting even as rebel gunmen stormed their studios. There was a single shot that fired inside the building and thats the casing from the shot. Reporter erdogans jet was harassed by rebels flying f16s. While he was flying into istanbul, we know there were two, at least three f16 fighter jets they were automobile to control in the air. Reporter in a cockpit, controls warning. They locked on but never opened fire. Richard engel, nbc news, istanbul. Thats the latest coming out of turkey. Joining us to go over whats next, director of global strategy project which is a geopolitical risk advisory. Marco, weve seen all kinds of details come out. Thousands arrested, rounded up in this postcoup attempt. What expectly now is going to happen in turkey as they try to recover from this situation . Politically speaking theres going be reprisals. Hes going to be going after his enemies. Even though beyond those who may be directly responsible for this coup, anyone whos on his list of opposition, whether its the politicians, academia, it can be dissidents, anyone who basically he considers a threat to his power will be on that list and hes going to use that opportunity as a pretext to accelerate one of his chief priorities which is getting the constitutional changes necessary to create an allpowerful presidency. One News Organization is calling it a gift for him as he tries to consolidate the power even further. What does it mean for the United States . He called it a gift of god. With respect to the United States. The United States is playing it very carefully right now because the person who president erdogan directly accused of being responsible for the coup behind it is a gentleman by the name of man whos in the United States, whos been based in the United States for years who was once an ally of erdogan. That i had a falling out over the years whereby the president accuses him of using his network of people to try to topple him and there was fallout because both of them basically had the autocratic tendencietendencies. Now, for the United States, erdogan is eventually going to be calling for his extradition and its going to be difficult because the secretary of state already called for specifically for the proof to be given and the fact os to be given. Also for the United States, theres something else. Erdogan may want to use this as leverage for the use it, trying to get him into durky, use it as leverage for the u. S. The u. S. s key priority in the u. S. Is the war against isis. It serves as an important nerve center for that and theres a possibility that erdogan may use that as leverage. And in terms also for the United States is that turkey is and remains an indispensable ally not just for the u. S. But all of nato and the western alliance. Our thanks very much for for helping to break that down. Sara. Turn eric stocks down a little more than 4 . Meantime britains new sforn secretary Boris Johnson speaking to reporters ahead of we have to. It means were leashing europe. Were not going to be abandoning the leading role over all kinds. Well see how his european counter parts respond to him. Lets stick around for the whole britain instruction. Including 32 billion deal. Expectations for the rnc in cleveland and what appears to be a very resilient stockmarket. Stay tuned. Youre watching Worldwide Exchange on cnbc first in business worldwide. You wont see these folks at the post office. They have businesses to run. They have passions to pursue. How do they avoid trips to the post office . Mail letters, ship packages, all the services of the post office right on your computer. Gea 4 week trial,plus 100 in es including postage and a digital scale. Go to stamps. Com tv and never go to the post office again. Josh, dont you have fryeah, so . Ng over . It stinks in here. Youve got to wash this whole room are you kidding . Wash it . Lets wash it with febreze. For all the things you cant wash, use febreze. Fabric refresher whoa hey mrs. Walker inhales hey, it smells nice in here and try pluggable febreze, with up to 4 times the freshness. In one refill. Pluggable febreze and fabric refresher. [inhale exhale mnemonic]. Two more ways to breathe happy welcome back. Good morning. It looks like the bullish mood is continuing at least in the early session on dow street. Dow up, s p up. Nasdaq futures up seven following the early action in europe. Lets show you the boards across the continent in europe. Weve got a big deal to tell you about. 32 billion of Arms Holdings taking advantage of that weaker british pound especially against the japanese yen. The pound losing. Thats helping the footsie at 100. Thats the british index up a quarter of a percent. Pretty flat for the german dax and france. Also watching gains in italy and in spain, don. All right. So green across the board for many markets in europe. Although well see stability as well. And coming up, this mornings top stories plus the big issues youll need to watch at this weeks Gop Convention in cleveland. Insider tony fratto is our guest. Thats coming up next on Worldwide Exchange. Keep it right here. Breaking deal news. Japan softbank buying chip design maker a. R. M. Holding for 31 billion jo a new nbc news poll finds Hillary Clinton keeping a fivepoint lead over donald trump. And the resilient rally, despite the world of worry, stocks remain strong. Well tell you why. Its monday, july 18, 2016. And youre watching Worldwide Exchange on cnbc. Good morning and welcome back to Worldwide Exchange on cnbc. Im sara eisen along with dominic chu for wilfred frost. Its good to be here. Were following developing stories including this. Theyre searchier i a gunman killed three Law Enforcement officers and injured others. First lets check on the Global Market