And the attention turns to the whistleblowers complaint in the latest twist in this impeachment inquiry. And Boris Johnson faces the angry. So disagreed with the governments commitment, they could have voted for a general election welcome to street signs. Political uncertainty on both sides of the atlantic this week. Before we get to that, there are some key corporate stories Imperial Brands is flat. Ecigarettes are under threat. The companys stock is now down 9 this morning. British American Tobacco down almost 3 . Fullyear operating profits will come in at the bottom end. British education came in weaker than expected on the course web business you can see it trading down more than 6 . In the airlines sector, recent pilot strikes forced iag to issue a profit warning the airline said adjusted profits will be 215 Million Euros lower pilots have already walked out two days theyve canceled strikes scheduled for tomorrow finance damage has already been done back to the politics President
Trump and you jinping say they will meet at the next summit. At the u. S. President not softening the rhetoric. We are either going to have a good deal and a fair deal or we are not going to have a deal at all. The white house explored demoting jay powell. And iag puts in an order for 200 of boeings grounded jets. Theceo says get on board max tomorrow. More to talk about with regards to the aviation sector. Wax today, maybe we will find out about who is going to follow him. November inuntil office. We will hear from Jeanclaude Juncker. There is that horse trading going on in brussels. If it is not going to be a german, she is probably going to want to have a german in charge of the ecb. The dovishat change policy mario draghi wants to put in place . The key personnel decisions, crucial to where the central banking decisions go. We are not expected to go anywhere in a hurry. Similar to u. S. Futures, range bound, waiting for that big decision later on today. Get. Uidance we the statemen
Hurricane otis making landfall near acapulco after exploding from a Tropical Storm to a category 5 in just 24 hours. Forecasters calling it a Nightmare Scenario why it took so many by surprise new video, the pilot accused of trying to crash a plane, led away in cuffs. And were talking about shaft. Remembering iconic actor, Richard Roundtree. Announcer this is Nbc Nightly News with lester holt good evening, and welcome. Congress has a new House Speaker Tonight Ending three weeks of uncertainty and chaos that along the way crushed the hopes of a string of highprofile republicans, all seeking the job after Kevin Mccarthy was booted from the post instead, late today the republican Majority Mustering the 217 votes needed and then some to lift a relative unknown, louisianas mike johnson, to the speakers podium johnson, a hardright conservative, who in just hours was propelled from minor Party Leadership role to second in the constitutional line to the presidency the new speaker sworn in this
At 1. 9s coming in billion. Investment banking revenue at 1. 3 8 billion. We will discuss later in the hour. Well get Goldman Sachs. David time for the morning brief. We will give you you as production data. The greek Prime Minister will be visiting the white house today. There will be a joint News Conference at 1 30 this afternoon. At 3 00 we will get an idea of how the fourth round of nafta investigations have gone on. President trump will deliver a major policy speech on tax reform tonight in washington. Thats coming up at 7 30 this evening eastern time. In the u. K. Data came out showing the highest inflation right in more than five years in september. Increasing the odds for boe policymakers to raise rates for the first time in a decade. Earlier this morning mark carney reiterated the bank expects inflation to peak above 3 around october. After the data came out the pound raced in advance. Hsbcrevised forecast expects the pound to reach 135 of from the initial call of 120. Now we
Over 25 billion. Betty i think i even read somewhere that discounted at lobsters were for sale for singles day. Everything was on sale. It is going to be another we have had a whopper of the week last week, it will be another busy week. I want to point to one very key report that will be happening here in the u. S. , that is the cpi, the Inflation Report on wednesday. Right before that we have ppi. What traders are saying is this is the last Inflation Report before the fed makes its decision next month, so it comes in either too hot or too cold, that could have a Significant Impact on the fed and their decision. Lets take a quick look at this it is just a bloomberg chart i pulled up here, it shows specifically how the yield curve has been flattening out. We seem to be on this particular expected rate hike path. Futures are showing over an 80 chance we will see a rate hike next month. If wer, as i mentioned, see a really wacky Inflation Report, that could pull back expectations. Yvonne