list of u.s. goods that won t be hit by extra tariffs. corn, soybeans, and pork are still on the list. morgan stanley s ceo warns against the fed it cutting too easily and gives bloomberg his take on where rates sit now. i m very surprised. the tenureexpected to be around 3%. apple unveils an aggressively priced set of new phones and tariffs but the video service steals the show. good morning. matt: good morning. less than a half-hour away from the start of trading. looking for moves with those apple suppliers. and let s take a look at equity index futures. we are seeing u.s. equity index futures rising. right now, you see gains in dax futures of more than half a percent and gains over in paris of about .25% and ftse futures up over .3%. anna: interesting moves over in the asian session. the message is that things have been pretty strong. we have got chinese brokerages rising and all of this talk about whether we will be an extensive list of exemption. that seemed to list
hurricane irma cause devastation as it rips through the caribbean islands on a path to florida, where it s expected to strike this weekend good morning glad to have you on the show once again it s thursday, not just any thursday, it s ecb day we ve been waiting for the first fall meeting of the ecb, whether or not we get a tapering announcement today, that remains to be seen majority of economists expect more details in the month of october, but an update to growth and inflation forecasts today. let s look at how the markets are faring ahead of that they re not doing much at all. we re a fraction lower on the stoxx 600, roughly an hour and 50 minutes into the trading session. let s look at the indices one by one. you can see a bit of a mixed picture. ftse 100 is flat the xetra dax is higher to 0.2%. the auto sector is doing well. it s been higher for a fifth day in a row we saw a couple upgrades from jpmorgan and goldman sachs, so there s renewed interest in the german auto
we will talk about that. new ceoill speak to the about raising sales, earnings, outlook s, why he is putting hockey in the penalty box. let s turn to the markets. a number of factors that you need to be thinking about today. one of which is we have a decent bid on the yen. around .2 point .2 of 1%. policy is beginning to work in japan. you can see the yen up by .2 of 1%. the dollar is fairly flat this morning ahead of payrolls friday. yesterday briefly week session for equities. a leg lower this morning. let s move on and talk about what else is going on out there this morning. let s the bunds open so talk about what is happening. we see yields beginning to push a little bit higher. backing off their earlier session high. there is the open, bunds initially on offer but beginning to firm now. of where cashator equities are likely to go. we will talk throughout the program about this incredible spread that is emerging between what is happening with the german on market and th
overnight in asia, the nikkei flat. hang seng and shanghai were weaker. the shanghai down by 0.8%. in europe this morning, some of the early trade, just 24 hours after that announcement from british prime minister theresa may about a new snatp election, things have turned around. yau european markets in the green. the cac and dax up by 0.3%. the ten-year yield in the united states fell to a low of 2.165% on tuesday. that was the lowest level since november 10th. we ll keep a close eye on that today. the ten-year yield now is sitting at 2.209%. we ll have much more of this coming up later this morning. let s get you to some other big stories. in earnings news, ibm reported quarterly earnings that beat expectati expectations, but sales fell short of estimations. revenue declined 3% from a year ago. that marks 20 consecutive quarters of revenue decline. they have long talked about those revenue being empty calories, but a big debate about that remains. you re looking that the
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 long-term 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 tomorrow s eu referendum starts market turmoil. we are trying to be ready to go with all possible contingencies. at