Bet on a blowout Earnings Report tonight. We will dig into those numberes. And facebook isnt the only set to announce numbers. We have a bunch. Weve got full Team Coverage of all the results coming your way. Love this time of the year, when the numbers are all coming out. Meanwhile, the Justice Department recently moved to block two huge health care deals and coming up, ralph will tell us what thats doing to the dealmaking climate and whether that is creating any tension between wall street and washington at a critical time of the campaign. And later we will hear from the top ranking executive at airbnb on his plan it win over the democratic party. Shouldnt be too hard given where he worked. But days after senator Elizabeth Warren called into a probe into whether sites like his are pushing up rental prices. Uber and airbnb, very big presence lobby wise at the Democratic Convention this week there in philadelphia. Lets start with the low earnings and low expectations and a pop for apple
European banks. This morning, things are shaking some of those concerns just a little bit. The dax is up. 75 . The cac in france up. 30 . The ftse is flat. Crude oil picked up. Pushed back above 40 yesterday towards the later half of the session and that did help stock prices. This morning, wti giving back about. 25. 40. 60 is like a c minus. Every time it fulls below 40 m people think ha is going on. We did get numbers on gasoline drawdowns. That helped some of the oil prices. Maybe the demand picture not as weak as people have been concerned. Well talk oil over the next three hours. Good morning, everybody. Also on your agenda today, bank of England Holding the policy meeting. Due out in about an hours time. The bank of england is expected to cut rates and could also launch a new round of quantitative easing so we could get some action around the boe coming up. In the meantime weekly jobless claims out. They are expected to hold right around 265,000. Then at 10 00 a. M. Eastern look
Has brexit shaken the foundation . We speak to the ceo at 7 00 a. M. U. K. Time. A very warm welcome to countdown. We are live from london. It is 6 00 a. M. Here in london. A quick look at what is happening. The asian equities session is underway, fairly flat. Weakness coming in through some oil related asset classes. Let us look at the risk radar. Oil prices weaker, down by 1. 3 . Weakness across the oil markets meaning the asiapacific energy is down for the fourth day. Prospect of increasing crude supplies. We talked about that story coming out of iraq. Prices are retreating from a sevenweek high. We talked about this a lot yesterday and last week with regards to the hawkish commentary coming in from fed officials. A little bit of a retreat from the highs we saw yesterday as we focus in on jack jackson hole where janet yellen will be speaking on friday. The fed needs to consider the cost of leaving Interest Rates low. We will talk more about that team as we go through the program. In
Competing for the limelight. A great exclusive with Vladimir Putin, that it is also jobs day. People want to see the indication of what the fed will do. Tom right. 8 30, but on jobs at certainly the putin interview is front and center. There are a lot of different themes here, francine, not only what he said but what he didnt say as well. Francine right. And it was a twohour interview so we have a lot to get through. Lets get now to the bloomberg first word news with emma chandra. Emma for more on that interview, russia wants to compromise in the dispute with japan, that stretches back more than 70 years. At the end of world war ii, the soviet union occupied four small japanese islands. In an exquisite interview, Vladimir Putin says he wants to develop a longterm relationship. [speaking russian] there is a discussion of this topic, and we did that, we met them halfway. Withe past couple years, our relationship from the japanese side, we have moved forward. Our partners are showing a wi
During the debate. Former headed of dnc howard dean suggestion using cocaine because he sniffled a huge crowd in florida last night picking up the pace, raised 18 Million Dollars in the hours after the debate, and today he will make three speeches in three different states, he is showing he has sam north america to bring out the crowds. In one hour goes to the capital of Violent Crime chicago we will take you there, that is at play trump fighting two opponents hillary and media we cover it veterinarian veterinariVarney Company is about to begin. Stuart all right. We are going to slightly higher on market this morning, one fed president says economy can handle rate increase here we go again, one fed guy speaks we are all supposed to jump, tired of it you got to deal with it, oil, still sitting around 44, 45 dollars a barrel. I am getting bored i ask experts what happens if we drop below 40 bucks do stocks go down or supply numbers, we are on it something to care about nike, biggest spor