That is hurting profits. David they were downing trading but they were expecting to be down in trading. Its all about net Interest Income. It sort of like wells fargo yesterday. More nettually Interest Income than last year that it was below what is expected so they are getting punched a little bit. David we will keep our ought alix we will keep our eyes out especially in that conference call. We are in a tight trading range. The tightest weve been in since nine days over the last week and a half or so. Eurodollar pretty much flat. In the 10of Movement Year as well. Crude up by 8 10 of 1 . I felt like a left and came back and everything was the same. Pretty much steady as she goes. David things will really happen now. Eddie 30 we will get used u. S. Housing starts at 8 30 we will get u. S. Housing starts. Facebook has it second day in congress on his liber proposal before the House Financial Services committee. At 12 30 we will hear from Esther George on the Economic Outlook. After the
Im sure that will have some impact on euro. We may have to watch euro and mexican peso next week. Police in turkey have extended their crackdown. They had rounded up a number of kurdish lawmakers in latenight raids. President erdogan is consolidating power. In south korea, embattled president will cooperate with prosecutors investigating and influence peddling scandal. Confidence is at a record low. He has admitted to sharing government documents with a close friend. That friend has been arrested. Iraqi special forces have resumed their push into the city of mosul. They have launched attacks on urban areas of the city held by the islamic state. They are being backed by a usled coalition. The race for the white house enters its final weekend. Hillary clinton holds its holds a narrow lead over donald trump. Polls out there is a show clinton is either type or trailing in some battleground states. Clinton held a rally in New Hampshire on sunday. She is being forced to spend more money on a
Lowered the Economic Growth outlook. If growth is anemic, dont expect as many Interest Rate increases. Not this year, not next and not even in 2018. That is a big shift in the Central Banks thinking since the fed chairs last news conference. Hampton pearson has more on what has changed and what the fed is sayiow halfway through 2016, fed chair janet yellen and her monetary advisers are still on hold when it comes to raising key short term Interest Rates. We really need to look at the data and pre specify a timetable. So im not comfortable to say its in the next meeting or two. But it could be. It could be. The latest speed bump on the road the Interest Rate hikes, an anemic may jobs report. Part of a mixed economy in the eye of the feds were the pace of job growth has slowed while Overall Economic activity has picked up due in part to increased spending. The market appears to have slowed down. And we need to assure ourselves that the underlying momentum in the economy has not diminishe
Outlook. If growth is anemic, dont expect as many Interest Rate increases. Not this year, not next and not even in 2018. That is a big shift in the Central Banks thinking since the fed chairs last news conference. Hampton pearson has more on what has changed and what the fed is sayiow halfway through 2016, fed chair janet yellen and her monetary advisers are still on hold when it comes to raising key short term Interest Rates. We really need to look at the data and pre specify a timetable. So im not comfortable to say its in the next meeting or two. But it could be. It could be. The latest speed bump on the road the Interest Rate hikes, an anemic may jobs report. Part of a mixed economy in the eye of the feds were the pace of job growth has slowed while Overall Economic activity has picked up due in part to increased spending. The market appears to have slowed down. And we need to assure ourselves that the underlying momentum in the economy has not diminished. There is also concern abo
Outlook. If growth is anemic, dont expect as many Interest Rate increases. Not this year, not next and not even in 2018. That is a big shift in the Central Banks thinking since the fed chairs last news conference. Hampton pearson has more on what has changed and what the fed is sayiow halfway through 2016, fed chair janet yellen and her monetary advisers are still on hold when it comes to raising key short term Interest Rates. We really need to look at the data and pre specify a timetable. So im not comfortable to say its in the next meeting or two. But it could be. It could be. The latest speed bump on the road the Interest Rate hikes, an anemic may jobs report. Part of a mixed economy in the eye of the feds were the pace of job growth has slowed while Overall Economic activity has picked up due in part to increased spending. The market appears to have slowed down. And we need to assure ourselves that the underlying momentum in the economy has not diminished. There is also concern abo