Stay updated with breaking news from Division earnings. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Afternoon if you are watching from asia. Im Francine Lacqua in london. Ato era july manufacturing 46. 5, a touch above expectations. Watch,llar is one to also the u. S. 10 year yield. The markets broiled from what we heard jay powell say. Said they peace time rate cut has had an impact on the dollar extending. European stocks up. Pound is the one we have been watching for. 2110, this depends on whether goes for a hard brexit. Oil, 57. 8. We have an exclusive conversation with an exclusive executive and joining us later, the global head of research for blackrock. Before we get to all that, lets get to the first word news in new york city. Quarterpoint cut from the benchmark rate by the fed. That says it will stop drinking the Balance Sheet in august shrinking the Balance Sheet in august. This move dashes hope for a move. E ....
David . David for now whats making headlines, we have kayley here with the first word. Kayley President Trump has set aside longstanding differences with former republican president ial candidate mitch romney. The president endorsed his run for a u. S. Senate seat in utah. Romney has been critical of the president but lens are trying to hold on to their majority in the senate. Meanwhile, President Trump is open to tightening background checks for gun buyers. The white house said the president talked with republican senator john cornyn about his bill to improve compliance with the background checks. The republicans long proposed bills but is finding a way to curb gun violence after last weeks shooting. Teresa mays team has a plan to halt brexit payments in the European Union back slides on a trade deal. According to tho ....
Bullish like the one of we had today, 174 points. S p 50012. 67 and nasdaq at a new high. I tend not to like those figures as indicators, spoonfed. That doesnt change the fact this is what investors really care about. However, there are a couple of joyous weeks every quarter their collective results control the allegation of trading, they sent the tapestry and mosaic and service the evidence how companies are doing and how their stocks are performing and how weak the economy might be. Before i go to the micro that influenced companys action today. I need to give a nod to the winds that allowed this bullish fire to rage. They came in at a two month old and technically oversold. The financials one of the highest in the market. Theres so much worry about the upcoming French Election on sunday. Third treasury, secretary steve mun nu shan predicted we get meaningful tax reform this year due to the looming debt ceiling stalemate. You c ....
The open. Stocks surge and as bloomberg reports the boj may help banks offer negative rates on some loans. Good morning to you, caroline. We got a whole bunch of really cool stories doing the rounds. We are watching what is happening with this brexit story. Obama intervention could change the terms. Does this convince britons that maybe the u. K. Should stay in . Cars are in focus as well. Caroline they are. The british pound getting a bit of a pop on the back of that, with the u. S. President saying the u. K. Is better off in the European Union. In berlin, im seeing mercedes on every high street, and daimler once again being embroiled. Tore seems to be no end where the scandal starts and lies. Weve had mitsubishi, now time for, the u. S. Wanting investigation. Already trading on the futures market down 7. 7 according to trade gate. Could see some big moves lower from daimler. Mention of that story we saw last night in the numbers ....