Anywhere in the bond market. Crudear yield totally bucking its train from yesterday. Were selloff in over four years. The worst selloff in over four years. We are going to kick things off , the morningtters news that is moving the world. We are going to kick it off with china responding to the trade escalation. Ministrygn spokesperson saying china will have to take necessary countermeasures. We took now to bloombergs chief is a correspondent chief asia correspondent enda curran. Enda a pretty robust response, as you would expect. They said they will retaliate if the u. S. Goes ahead with these tariffs. They stop short on specific details, but the thinking is that china could respond by making life much more difficult for u. S. Companies operating within china that could divert purchases of agricultural goods away from the u. S. And scrapped those promises to buy more u. S. And they could let the yuan soften against the dollar. They probably have some restrictions on what they can do in
A hot bed of separatism and extremism is remarks to us. It illustrates once again, the kind of political space that has been given in the country and canada to separate it as a 2 week stream is him and hes still going for us. The french president again raises the spectre of putting french troops on the ground in ukraine. If indeed he of aust ford, calling valley and russia must be stopped. The, with you on use in your top storage front and center, unfiltered, as always, you wont be getting any mainstream narratives on this channel. Of course, its not but youre not going to believe the scenes. Were going to show you from countless American University campuses to kick off this hour. As israel continues to pound gaza, the pictures were going to show you basically its chaos. And for now, 0 and you know, the police. So the university of california los angeles, as a move in to break up the demonstrators of the dozens of pro palestinian demonstrators, were detained. While reports claimed the
Shazam is this an Artificial Intelligence play . Were going to look. Whats to buy ahead of tax reform debate on whether Airline Stocks could be the big beneficiaries of any tax bill. But we do start with the story thats taken wall street, main street, any street, frankly, by storm, and that is bitcoin. Bitcoin futures popping in their first full day of trading on the cboe Cnbcs Bob Pisani joining us with that story. Bob, everybody is talking about it. It is and its finally happened the good thing is at least trading has happened and relatively orderly we passed 18,000, folks. Bitcoin futures opened 6 00 last night eastern time, 15,000, moved up very, very quickly. Here you see its over 18,000. So its been small, 3,600 contracts, figure the math here. 17,000 p 17,000, 18,000 about 60 million. Thats not a lot but its a start at least heres whats important. Lets go over what exactly a futures contract is, why this is so important first of all, its just agreement to buy or sell a commodity
Gas prices have been going up despite oils drop. Weve got Joe Petrowski telling us what he calls a potential fear premium forming in the gasoline price. Here is a question ive been asking. Is outer space big enough for along musk and Richard Branson . Well tell you about the new satellite war brewing between these two billionaires coming up in a while here. Plus, the Commission Free trading app robin hunt has done 1 billion in transactions. How lock can it keep those trades free of fees . Well ask the founders when they join us live. Lets begin with walmart and home depot and the mixed fortunes they presented this morning. Courtney reagan joins us with that story. Its been a long and short day all at once. Walmart and home depot are dow components. Some small merchandise categories cross over. The reason for guidance updates widely. Home depot, inline enings, stronger than expected samestore sales and better spending among higher income consumers and professionals. Home improvement ret
Decline isterlings listing the ftse 100. 1 ofund was down 7 10 of she dollar during may speech. She said the u. K. Will honor its commitments made to the budget bonds commodities. This is your final three columns. This is a wonderful function on the bloomberg. We used it ahead of the u. K. Election and ahead of the french election. And we are using it ahead of the german election on sunday. It is everything you need to know about the german election. The race for third place action end up having an outside influence on the election. Merkel is poised to win a fourth term. There is a combined tally of about 22 . Sociale as schulzs party score. This is one of the charts. I can bring up 11. The other partys languishing in third, fourth, fifth and sixth place. It is going to be a fascinating sunday. This is how the German Market is faring as they prepare for the election. Equity investors are not being complacent. Timesx trades at 13 expected profits over the next 12 months, well below the