Im sara eisen. And a throwback. Backstreet boys. Im excited about the rest of the show. I wasnt beforehand but i really am now. Lets get to the markets. There should be british boy bands in there as well. I dont think we know them as well. Well, i do. Weve got a positive tone to u. S. Equity futures after another selloff yesterday on wall street wasnt as sharp and as extreme as we had been seeing but nonetheless, a weaker tone to the day. Nasdaq futures up a little more than 9 points. Were seeing fractional gains in the premarket, flat sessions in europe. As for the treasury note yield which manns the center of action lately, the tenyear hovering above. Weve seen the backup in yields which is sort of sharp. Were going into a fed meeting next week tuesday and wednesday. Well get the decision. The september odds, 20 that they raise Interest Rates. I wonder if thats low. Well talk than throughout the hour. Weve got a few guests on that. Absolutely. Were moving toward a new higher range. Is that going to be destabilizing . I think were at the new rates. Were back at 7. 1 . Its a significant step up but in historical terms still lower yields. Were flat to negative which has been really the same story for most of this week in europe. Next, bang on flat as you look at things. Not 2 . Were back to nut . Naught. Its trade im definitely willing to make. Lets look ahead. Career, china. One will close for the mid autumn festival. Autumn is our way for fall. We use that word here too. Not as often. Not as often. Lets look at the nikkei closing down at 1. 25 even though bank of japan suggested it may have to move into further Interest Rate territory which, of course, would be easing. We have seen the yen strengthen today. That derails the markets. The focus now is on how much control does the bank of japan have rather than are they simply easing or tightening. When people say they might have to go further into negative rates, it reminds people a little of how much they have left in their tool kit. We heard it from our deliver i alpha conferences, our central bankers are out of bullets and what theyre doing, is it even working . That question of efficacy which is the word of the moment which has been for a long time now, that is the question and that could be whats getting investors a little jittery. I say. I take credit first that word. Dropping below 44 a barrel yesterday closing in the 43 handle and look at that. The praise of oil continuing slide. 43. 64 even with that surprise draw. Brent hovers above 46 a barrel. A lot of focus on the demand side of this equation especially from asia after that warning this week that it was going to be lower than expected from the iea. And wti is down 5 . Energy, the worst sector yesterday. As for the u. S. Dollar, which usually moves in the opposite direction of oil and other commodities, a little further this morning. The dollar flat against the yen. Well see where that goes. Thats always a good barometer and the british pound weakening a bit. We did get data out of the uk, didnt we, including retail sales. Check out the rupee. We dont get action on this often. A report surfaced that the finance minister will propose a devaluation to promote dwindling exports. The finance ministry is denying that report. Still, it had an impact. The u. S. Dollar going up and the rupee, the indian rupee going down. Worth watching, of course, especially as the fed is on the brink of a move, whether its next week because emerging markets currencies are ones that we learned last december got hit very hard on the prospect of having seen it. Gold prees anniversary quickly for you, were looking at a slightly softer goal price, 13. 64. Todays an important days on the investor front. Were joined with what to watch next. Thats right. On the agenda at 8 30, the price index weekly initial jobless claims and the Philadelphia Fed release its Business Outlook survey at 9. Kenny 15 eastern. Here are the three main things to watch. Retail sales take center stange. If not for strong autos, july would have been clearly negative. It will likely put a damper on todays report. Forecast calls for my news 4. 1 . August producers is key as the prices of goods and services are of concern. Anything labor market relaces is key, so keep an eye on initial claims which are expected to tick up slightly to 265,000 and thats up from 259,000 in the weekend, guys. Back over to you. Heavy day. Landon, thank you for running through it with us. In political news republican president ial candidate donald trump will be addressing the Economic Club of new york today. Thats at 11 00 a. M. Eastern time. Hes expected to offer more clarity on the Economic Policy and in other news, Hillary Clintons campaign releasing a twopage note by the dock door saying she remains, quote, healthy, and, quote, fit to serve as president. Meantime trump will reveal more about his health when he appears on dr. Oz. Both of them selectively releasing the information about their health and taxes which brings us to our question, which we think is the question du jour on facebook and twitter today. Question du jour. Its the question of the moment. We try to capture the sentiment. Why not stick a little bit of fren nch there. I like that. I speak other languages too. We want to know what you care about more when determining health records, tax record, neither or both. Let us know what you think and well bring you that later. I think its the question du jour. In corporate news, wells fargo fallout. The u. S. Attorneys offices in manhattan and San Francisco are reportedly conducting probes and have sent subpoenas seeking information flts wells fargos share, of course, have been under pressure in recent days and Warren Buffett has suffer. Buffett has fall on the the fourth richest person in the world. Jeff bezos taking over third spot. The chap really there telling the whole story over the past couple of days but we are fla in the premarket today. In other corporate moves working in the opposite direction apple says the new iphone 7 has sold out. It wont be releasing its first weekend sales of the iphone 7. We learned that last week which spooked the investors but perhaps they underestimated for this demand for this new 7. This has been a very bullish move to the outside on this new iphone 7. I wonder why apple decide not at to wree lease these figures in the first place, possibly because they were expecting it to be weaker and they didnt want to have to release a number so quickly and now they probably wish they had. The excuse they gave it was more of a indicator of supply than demand so they didnt think it useful. But clearly investors assume the worst and that was wrong. Again, i made that point a lot of times. The offset compared to samsungs release of the latest galaxy is absolutely stark. I wonder if it has to do with people not wanting an iphone that catches fire. The latest version has seen a huge number of updates. Thats another factor thats fed into it. Particularly yesterday that data coming out. Interestingly id say the ios updates really down to how many times they annoy us whether to take the update or not. Im not sure i commend it. Its very popular. Everybody was trying to do their updates. Second quarter earnings and revenue beating forecasts. And the companys raising its fouryear outlook. It says it continues to see strong conditions in the nonal construction market. Its new drug to treat glau comany met the late goal. This is all in an effort to cut koufts except in the case of preapproved production or critical work. Boeing unchanged in the market. Pfizer says they. The circled black box warning was imposed in 2009 because of potential Mental Health side effects including suicidal thoughts. No move in the share praise. Mcdonalds receiving final bids from three groups. Reuters says royal ter and carlisle has teemed up for business which is worked up to 3 billion. Disney cutting about 250 people from its Consumer Products and digital units which were recently combine. That represents about 5 of the business. The cuts include people who work on video games as disney has moved away from its own content versus licensing kaurng ters. Mobile i has severed its relationship with tesla. Telling reuters that tesla was, quote, pushing the envelope in terms of safety saying its not possible to cover all crash situations in a safe manner. It was call into question after a fatal crash. Theres more for the Buffalo Bills than wins and losses. Its also a crucial test for twitter. This is the first of the games. Ojack dorsey has made ved owe central to the companys turn around. Twitter shares rising after the Company Announced its app will be available on apple tv, xbox one where others will be able to watch it gaining 1. 6 in the premarket. And well off the lows we saw steadily climbing back up. Its always the m and a chatter coming up. Coming upton show, the central bank is in focus. Will the fed and the bank of japan follow suit next week. Expectations straight ahead. Well need to read this tweet quietly so we can hear this boy band. Not british. A look back at history in 2008. Lehman brothers filed for the largest bankruptcy in u. S. History followed by downgrades and Credit Ratings largely brought on by lehman brothers. A good reminder that that massive massive event for markets was on this day. Were back in a couple of days. Good morning. Welcome back to Worldwide Exchange. Lets get use up to speed on the market action. Were expecting a higher open today. As you can see, though, only a slight positive open, around onetenth or twotenths. Were flat despite the overall levels. Pretty much flat. Yesterday, pretty slight decline. Lets have a look at oil prices because they have not been flat for the week. Theyre down about 5 for the week as a whole. They were down sharply. Energy within the s p has been the worst performing sector for the week. Perhaps that sector can get some reprieve today because wti is up 0. 6 having already declined 5 this week. Sarahing. Investors around the globe awaiting the decision on Interest Rates. Theres more attention than usual on this announcement especially as u. S. Investors await an Interest Rate decision from the fed next week. Our carolin roth joins us now with expectations and the economy, carolin continues to brush after the brexit effect. Thats been quite a big surprise for everyone. No surprise from the boe today. Theyre widely expected to keep rates on hold. Thats after they slashed its main rate at its last meeting in response to the brexit fall. Its surprising, again. The uk data has been a lost more robust than expected. That includes services, construction, and manufacturing pmis, retail sales for august this morning also beating expectations and some have argued that in light of the better data points they acted prematurely overestimating the negative effect. Hes likely going to emphasize once again that the longer term impact of brexit in justifying his dovish stands. I want to show you what sterling is doing this morning. Unchanged. Reuters pull out saying the uk economy will narrowly dodging a recessi recession. Thats down from 35 . Thats down 60 in the month of july and sterling once again seeing little bit of respite on the back of the august retail sales. Well wait for that commentary than decision, carolyn, in a little less than two hours. Carolin roth. A lot of it is being pinned on the weaker british pound. Its helping on the sales because the Foreign Tourists come in and buy more. Its helping with manufacturing. Can that offset the very negative predictions about the economy or does it mean it gets pushed farther out . I think thats exactly right. If you look at the one laggard in the data over the last couple of months, its been business investment. Were going to see through next year. Thats again why we dont expect easing today because the initial cut has helped. Theyre not going to want to keep ammunition. Thats why i also think the criticism tore questions of mark carney and him going all in in terms of stimulating and easing may be too much. Well have to see as time passes of course and when article 50 gets involved, the uncertainty will pick up again and the business, that will be an area to focus on. Still to come, donald trump will address the cover of new york. The latest from the campaign trail coming next. First as we head to break heres todays National Weather forecast from weather channels jennifer car tag know. Good thursday morning sara and willard. There wont be much except for coastal impacts. Time of high tide in the morning just after 7 00 a. M. Could be some charleston issues and rain but mainly offshore actually it ooh is a tropical depression now. The big story will be the storms that will roll right across the midsection of the country. Severe weather possible with damaging winds and hail and theres a 40 chance of tornados in this area. Also later today another chance of storms across new mexico and west texas. New changes coming in after the front came through. Brought thunderstorms and rainbows in new york city. Big cooldown. Temperatures only in the 70s with low humidity. Thats your weather. Meteorologist jen car fake noe with your weather. Worldwide exchange continues after this. Were drowning in information. Where, in all of this, is the stuff that matters . The stakes are so high, your finances, your future. How do you solve this . You dont. You partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. Morgan stanley. Its scary when the lights go out. People get anxious and my office gets flooded with calls. So many things can go wrong. Its my worst nightmare. Every second that power is out, my citys at risk. Siemens digital grid manages and reroutes power, so service can be restored within seconds. Priority number one is keeping those lights on. It takes ingenuity to defeat the monsters that live in the dark. Sometimes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Welcome back to Worldwide Exchange. To politics, its an important day on the trail for both candidates. Hillary clinton released her health. And we should get detail on trumps economic plan. Tracie. Hi, will ford. Now with her doctors okay and down five points in the latest bloomberg poll, shes back. The theme being the key part of her speech stronger together her campaign tells us that shell focus on children and families. Hillary clinton is expected to attend a campaign this afternoon in north carolina, her first after collapsing on sunday. In a detailed letter, clintons doctor adds that shes fit to serve and in excellent mental condition. The doctors letter is actually fairly complete and shows that shes actually a very healthy person. Do you think hillary would be able to stand up here for an hour and do this . . I dont think so. I dont think so. Donald trump gave tv host dr. Oz his latest screenings, a bit overweight and on cholesterol meds but for the most part, healthy. Hes good for a man of his age. I feel as good today as i did when i was 30. Today trump is expected to detail his economic plan during a speech with mike pence in new york. Were going to cut the taxes for working class, Small Businesses and farms. The russians have been thered in the politics. According to the Homeland Security chair on capitol hill, looks like they may be targeting republican operatives too. The colin powell emails were quite something to read. Tracie, thank you. It brings us to our facebook and twitter question. Keep your responses coming here. We wanted to know what you care about more when determining the next president. Health records, tax records, neither or both all of which are an issue as we wish for answers from both candidates and so far its all tied up. For a slight majority here for neither, 33 . Another majority. Weve gone through this before. You know its a good question when its about 20 , 28 . Keep it coming. Its a good question du jour. Thank you. Still to come on Worldwide Exchange, well ask what the numbers could mean for the big fed meeting next week. Stay tuned. Youre watching cnbc first in business worldwide. Before the band separated over unknown creative differences. [ crash ] and reunited three decades later for a tour that sold out in three minutes. And your cisco hybrid cloud handled millions of ticket orders without breaking a sweat. Before all of this, [ crash ] the experts at cdw orchestrated a cisco hybrid cloud solution. Scalability by cisco. Orchestration by cdw. [ clock titime. ] you only have so much. Thats why we want to make sure you wont have to wait on hold. And you wont have to guess when well turn up. Because after all we should fit into your life. Not the other way around. Good morning. Sharpen your pencils. A flood of facts before next weeks fed meeting. Speaking out, why Larry Summers says new laws have not made banks safer. A 12yearold wins americas got talent. Its thursday, september 15th. Youre watching Worldwide Exchange on cbc. Good morning. Im sara eisen. And im will ford frost. Another selloff yesterday although those gains are slowly disappearing early this morning. Dow futures are only up five. S p futures are down less than half a point. Nasdaq futures in search of direction down one point. Maybe well get that. We get a deluge of Economic Data as will said. Flat to downward for the major averages over there. Energy has been away. We saw that yesterday. A mixed session. Asian markets were closed overnight. The nikkei found more than 1 . 1. 26 . Its now at a multimonth low. Stronger yen has been harmful as well as the volatility in the u. S. Seg. Australia was open and singapore slightly lowered. Its, in fact, slipped as the morning haas woken up over this side of the pacific. But lets come to Oil Prices First before we go to the dollar and were seeing Oil Prices Rebound a bit from yesterdays declines, about a third of 1 from wti. But oil is still down some 5 fo