q were relatively flat up slightly, up about 2.5 points in europe we saw the active trading taking place all of this ahead of the fed meeting starting today the cac is the biggest gainer of the three major averages it s up by q%. you see gains of a half percent across the board and then if you want to seee1 what s happening in the treasur market here in the united states o0.042% there s no way bad news is good morgan stanley is soeñearish yesterday was the mostx boring day i watched ine the markets seeing the bug here and there at thee1 gym or whatever. i would look up. i have to check.e 46 i have to check. up 46. is it dog days yet it may be market breaking news. facebook officially unveiling its cryptocurrency currency plans. julia boorstin has more on that. facebook announcing its new digital currency called libra. it will make it easy to send money around the world the currency is set to launch the first half of next year. it will be run by a non-profit in
i m sara eisen. and i m wilfred frost. good morning to you from me as well. and happy friday. let s have a look at u.s. futures. sharp declines. over 1% in the dow. expected to open slightly positively. essentially we are flat in the pre market but called higher by 4 points. and the s&p by 1 and the nasdaq by about 17 points. let s look at the 10 year treasure note. yields ranging around 1.7 and 1 .9 over the last three weeks. china s central bank fixing its currency t yuan higher. in fact at the sharpest pace since 2005 when china removed its peg to the u.s. dollar. there have been huge swings in currency all week long led by yesterday s massive jump in the yen. how did i miss that? a 3% move in the yen. bank of japan s surprise decision to do nothing and leave the monetary policy unchanged. and of course the big importance is the chinese currency s depreciation in the beginning of the year that was spooking markets and it s gone the other way and that is calming. th
add further to a rally taken us up 7% from the beginning of june, sue. more than through the show. the dow up. now to tyler in midtown manhattan with more on when s happening at the cnbc and institutional institutions delivering alpha conference. great ideas last hour, ty. yes, indeed, sue. i was just getting the instructions right there. and i would say that a couple of things that really stood out when we heard jim chanos talk about hewlett-packard, if you tracked the chart of that stock, when he started speaking, and saying that sometimes in tech value stays value for a reason, meaning the price goes down, the price went down by about 50 cents a share on hewlett-packard right then and there. one of the other panelists talked about maybe an erosion of the british pound. a way to short the british pound as money flees the british pound in the years coming up. short platinum. some very interesting ideas across the board. rob, whom you know, sue, from blackrock, talked abo