This after china is not ready for reserve status just yet. Meanwhile, it floats its currency sending it lower. Supermarket sweep. Profits rise amid stronger online sales. A merger looks more likely. All right, good morning everyone. It is coming. Minutes from last months fed meeting show, most officials believe theyre approaching the first rate hike in nearly a decade. Steve breaks down the Market Reaction to the news. A controversial and even confusing set of minutes from the july fed meeting in which the markets clearly saw them as dovish recommending the best chance of a first rate hike in september but a lot of them seeing them as neutral and period even slightly hawkish. Peter said fomc minutes, get me an advil. He thought they leaned dovish. What they said is the conditions havent been achieved yet but hold on because the conditions for a hike were approaching they said. Some said the conditions either had been met or would be met shortly. Now it also said a prompt start to norma
Companies progresses. L brands raises its full year outlook as Second Quarter profits beat expectations. Sales at victorias secret, the main growth driver. The great rate debate wages on. We did get the fed Meeting Minutes out of july. Not as dovish as people were expecting. So the economists expecting a september rate hike has been reduced from 40 to 45 ahead of the minutes being released. Futures pointing to a lower open. Were down triple digits on the dow. The nasdaq lower by 28 and the s p 500 also indicating a lower open. This as the ftse cnbc global index, this is a good gauge of stocks around the world. Not just europe but asia as well and were sharply lower in todays trade by 16 points. Very close to session lows. A lot of that having to do with the underperformance in asian markets. Were looking at the xetra dax down triple digits. Thats a 1. 2 move to the down side. The german dax hitting its lowest level since january. Thats a significant move. Just think about how ecb qe po
And by contributions to your pbs station from viewers like you. Thank you. So pleased to welcome Gretchen Carlson to there program. Her new book is titled be fierce stop harassment and take your power back. This is the first time ive been on your shows over the years, first time having you on our set. Thank you so much for having me. I appreciate it. Honored to have you on let me start with what was in the news this weekend. I think a lot of people were just shocked to see that 32 million figure that mr. Oreilly apparently allegedly according to New York Times paid to another fox analyst. Youre and chore, but another fox analyst. When you saw that figure, when you saw that story, how did it hit you . Well, i was horrified that any company would resign an employee after that kind of a money settlement. An employee who had been dismissed for those kinds of allegations. I was outraged even more to the same extent that that same person was invited back just a month ago. If those revelation
And by contributions to your pbs station from viewers like you. Thank you. Pleased to welcome Oona Hathaway to this program, she is an International Law professor at yale law school, and she coauthored the book, how we plan war. Welcome on the program. Thank you for having me. I want to start at the obvious place, President Trump on his way to asia shortly. High expectations, low expectations . What do you make of the trip . Well, i think that everybody is kind of holding their breath to see what is going to happen. I think many are worried about what might unfold. Were all hoping that there are no missteps. But one never knows with President Trump. What is there to worry about specifically . Well, its a very fragile region, a region where there are a lot of animosities. Where is there is historical differences, where the moment of course we have the tensions on the korean peninsula, where it has everybody scared and rightly so. Its a very delicate place and he is not known for being d
And by contributions to your pbs station from viewers like you. Thank you. So pleased to welcome Gretchen Carlson to there program. Her new book is titled be fierce stop harassment and take your power back. This is the first time ive been on your shows over the years, first time having you on our set. Thank you so much for having me. I appreciate it. Honored to have you on let me start with what was in the news this weekend. I think a lot of people were just shocked to see that 32 million figure that mr. Oreilly apparently allegedly according to New York Times paid to another fox analyst. Youre and chore, but another fox analyst. When you saw that figure, when you saw that story, how did it hit you . Well, i was horrified that any company would resign an employee after that kind of a money settlement. An employee who had been dismissed for those kinds of allegations. I was outraged even more to the same extent that that same person was invited back just a month ago. If those revelation