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Time now for global exchange, where we bring you todays market moving news from all around the world, from hong kong to berlin, dubai, new york, and washington. Our bloomberg forces are on the ground bloomberg voices are on the ground with todays top stories. Boeing and airbus will go dubaiohead at the annual airshow. We will be talking about may be the first next year, possibly even a bit longer. But in the end, i will repeat the question, the only entities which will sanction the flying of these aircraft are the regulators. It is not boeing. Alix for more, our correspondent joins us on the phone. Walk us through some of the big take away from the dubai airshow and some of the surprises. Reporter thank you. A maxlly, boeing secured , the biggest order after a drop. Version ofse, the the max has been [indiscernible] 8 secured the 737 max from a supplies only character in the uae. [indiscernible] airline, ofsister emirates airline, which makes it the second largest customer for the 737 ....
Of 2. 32. For the quarter, they see earnings at the low end. The estimate was for 1. 51. A large part of this will be how are they going to offset Rising Labor Costs with lower fuel costs. When does that shift happen, and how are they benefiting from the 737 max . Will that benefit continue . That stock getting hit in premarket. In the market, it is still overall about trade. It was very whippy action here. Those numbers on your screen do not revisit the last 12 hours of trading for s p futures, now down just 0. 1 . We will get to some of the headlines in a second. Eurodollar at a twoweek high, and oil on the move. The opecaving secretarygeneral speaking at the oil and money conference today. He is saying some interesting things in terms of oil in particular. Hes talking about opec plus will take appropriate, strong decisions in december. Also the charter they are extending to the u. S. Trying to bring in other countries into ....
Inside and outside tomorrows meeting . Oil rebounds. Crude came back from the date biggest daily loss in four weeks area your stockpiles declined. Is the glut cyclical or structural . We will talk about what that means for the global economy. Were less than half an hour away from the start of trade. Lets look at where the bloomberg is telling us trade will take us. It looks like anybody is going to be sleeping peacefully through the market open. The moves are even more subdued than we saw at this time yesterday. European markets are going to be going sideways. Lets take a look at what the jim m us about the picture around the world. Ats focus in on the number of areas. The peso has been a number an interest. African market bouncing back. We see the indian market is a focus of attention up by. 4 of 1 as we continue to digest the impact of the new sales tax. That is what the market is doing. Here is the number first word news update with juliette saly. Juliette thank you. The u. S. Has t ....
We have sufficient growth to support continued improvement in the labor market, and we have seen, you know, maybe not progress over many years at a pace that would be ideal, but Real Progress that will continue. Thank you. Time of the gentlelady has expired. The chair recognizes the gentleman from new jersey. I thank you, mr. Chairman. Ms. Chair. A couple questions, we finally over here. On this side. Oh, sorry. Thats okay. Finally, after many, many months, weve got responses to the questions that we put to you months ago. One of them one of the questions came about because one of the fed governors have stated they believe a failure of a large broker dealer would be destabling to the economy. So we asked you, do you support expanding the feds discount window during turbulent Economic Times to expand your regulatory you said no, i do not favor expanding the window to broker dea ....
Yourself. My observation during these times of both prosperity and during times of financial crisis is that we have leaders and a professional staff at the fed who have conducted themselves with honor and who have been true public servants. So let me thank you as well as your professional staff and as well as your predecessors for serving the people of america in this most important and tremendously demanding position. Thank you, congressman. I appreciate that. Thank you. Weve seen that fsoc where the fed is a key player exercise the authority granted by doddfrank to designate institutions as cifis or financially systemically important. This is included Asset Managers and Insurance Companies which has been somewhat controversial. My experience is that there is often a greater resistance to a designation or a ruling when the parties feel they hadnt been consulted or the p ....