Live for. We have chad pergram with the latest on capitol hill. How are you . Neil very good. The house has started final debate on the tweaked version of the senate bill. They had to pull things out to match budgetary rules in the senate before we passed it in the wee hours of the morning. The house had to be in alignment. When they made the changes the house bill and senate bill did not sync up. We will have in 20 minutes, what will be the final, final vote for the tax bill. Then it will be shipped to the white house. The question is when President Trump will sign it. Neil i was asking you the question, when . I always think these things can be like closing on your house that you buy, if you dont wrap up quickly something could very, very, very wrong. I spoke to senators yesterday, chad, if we had our druthers we would sign this fast. Here is the problem there. Is a rule on the hill called capitol hill that is budgetary, paygo, pay as you go. That is important term. If they sign the
U. N. Ambassador nikki haley issuing a new warning to the u. N. , announcing a major budget cut. Former u. N. Ambassador to the u. N. John bolton says taxpayers shouldnt fit the bill for the u. N. s ineffective bureaucracies. He will coin join us coming up. Border wall backlash. Theyre facing growing boycott from democratic cities across the country. California lawmakers pushing for Pension Funds to End Investments with these companies. How they are fighting back c apple today pulling back. There were concerns on heels of a report from taiwan economic daily, a report that basically said shipments for the iphone x will not be as many as expected. Some who were bullish hey, the shipments are going to continue into the spring. So dont slow down but in the meantime we did see apple get a little spooked. That was down 2 1 2 . All suppliers went along with it were also to the down side. Oil, 59. 76 right now. That got to the 60 a barrel mark. That is a big deal. We have not seen that in 2 1
Draghi said the ecb will keep as much stimulus as the eu economy needs. We have an exclusive interview minister,s finance Pier Carlo Padoan. In london, european stocks, little changed. One hour into the trading day, up marginally for the fourth consecutive day. Best run since september. We have had fresh threats from north korea, sending money into haven assets. The euro falling for a second day post the german election down to 1. 1813. Falling five basis points in the wake of the german election. Brent crude is just a low 60 a barrel, down by. 6 . Why we saw gains in the last 24 hours, turkey threatened to shut down curtis shipments shutdown kurdish shipments through its territory. There is no a seven dollar spread between the benchmarks. Greece willank of start stress tests to determine if they need fresh capital before the greek bailout program. The results of the test could be ready in early may. That comes as maria draghi said yesterday the single supervisory mechanism might hurt
Volkswagen hopes to clear the air, since the cheating scandal emerged in september. A very warm welcome to the program. This is countdown. Live from london, i am anna edwards. Manus and i am manus cranny live in dubai. You have a chart. Anna when we need the keep an eye on of course. This is the implied probability of the betting market of brexit. , 25. 68 . Down at 26 last week we went as high as over 40 on this particular measure of whether it was likely or not we would see a brexit. Of course last night, manus was dominated, the heated exchanges at wembley arena, maurice a holding pop concerts, but that was the faceoff between the remain and leave campaigners. It seems that we have some big moves on monday, slightly smaller than yesterday. Now just pausing for thoughts, manus seems to be the way we describe this morning. Manus we are, indeed. The riska look at radar. I think it is fascinating. We have done a little bit of that isour pound index, what you want to look at. What you ha
This is what they are telling us. Rebounding with the pound. Oil a touch lower. Global equities advancing slightly for a fourth day. The pound strengthening a touch. The final trading session before tomorrow. Britney goes to vote for the membership of the European Union. Britain goes to vote for the membership of the European Union. Nejra janet yellen has sketched a cautious view of the u. S. Economy in the first of two days of testimony to lawmakers. The chair says she sees near and longterm fact is clouding the outlook or chi warned of the possible fallout if britain votes to leave the European Union. This is a unique circumstance. This has no close parallel. It is hard to know what the consequences would be. There is uncertainty globally. We operate in an uncertain environment. Nejra mario draghi says the ecb has plans in place in case the outcome of tomorrows Eu Referendum starts market turmoil. We are trying to be ready to go with all possible contingencies. At this point, it woul