Message because it will have an application on markets. Tom not a usual summer friday, folks. The news flow is absolutely extraordinary. We are going to get ourselves around what we are going to be doing with the democrats now moving to the republicans and the president , the usual convention cadence of august in an election year. But that is not the headline item today. The headline item is 13 consecutive hours in our thon. Llance francine will be with us through the morning and through our simulcast as well. I really look forward to it. This news with the slowdown in france and Emmanuel Macron is not a small item, francine. Francine im also looking forward to our tv and radio marathon. Surveillancethon. Francine i dont know if we will have to file for atv divorce after that. Tom we have already done that. I would not know anything about that. Francine which is why we get along, right, tom . Here is ritika gupta. Ritika joe biden slimes president as a National Embarrassment and vowed
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
Bank. Widely expected to keep its Monetary Policy steady but investors will be scouring Mario Draghis remarks for any clues about future moves. Left in theutes equity session, global macro movers, stocks rising for the second consecutive day. We have been in a narrow trading rate since july, trading range of just 18 points. The stoxx 600 is trading in a narrow range since 2014. Is gauge of volatility slower in a month as well, but stocks are rising. And commodities, lets get on. Lets talk about car for, the french retailer. Strongerthanexpected growth in its home country, the chief a plan tois pushing modernize stores and at collection points for online orders in france amid tough competition. The company has also been suffering from deteriorating Economic Conditions in other European Markets. Interestingly, they have fallen by 10 . This year, the cap 40 is down by 3 . The maker of nero than 10 killers reported missed estimate demand. After deathsring in south korea were linked to some
Surprises. Thats how we started with jpmorgan. Premarket, futures, where are we . Points. Res now up 99 the big story in the last 20 minutes, a bit from jpmorgan, and upside surprise. That upside surprises what takes is higher come up by 2. 73 in the premarket. Couple of fx to a pairs for you. Some dollar strengthened the g 10 today. 13 . At wti, the output freeze meeting in the rumor mill and the rumor mill is in full swing. Crime organized profiteers have raided the offices of the Panama Papers law firm. The rainfall is the leak of millions of documents on tax havens set up for wealthy international clients. The attorney general searched other subsidiaries of the firm in panama and the firm has denied any wrongdoing. Some 3500 candidates mine for he 250 parliamentary seats assad said he and his wife cast their votes in the Assad Library in damascus. Vice president is drawing up plans to form a Transitional Government in brazil as dilma allegationsrpens that he is the leader of a coup
Harvard Business School is here. Nejra cehic joins us now. Republicans and democrats are condemning Donald Trumps call for a ban on muslims entering the u. S. Trump wrote a Statement Last night at a rally in south carolina. Donald j trump is calling for a total and complete shutdown of muslims entering the United States until our countries representatives can figure out what the hell is going on. Jeb bush called trump unhinged. Chris christie said this is the say whenhing people they have no idea what theyre talking about. Beijing haven raised in air pollution alert to the highest level. The smog is seven times the level considered dangerous to health. Beijing has suspended schools and banned outdoor barbecue. Oscar pistorius is now free on bail. Under housein arrest while appealing his murder conviction for killing his girlfriend. South Africas Supreme Court of appeal overturned his lesser sentence of manslaughter and convicted him of murder. You can get more on these and other breaki