At 10 30, department of energy releases numbers for crude Oil Inventory and then more fed. Later in the afternoon, minneapolis fed president will answer questions. To round up a day, the u. S. Treasury will auction 10year note and that is coming up today. Jonathan we will be keeping an eye on this as the ecb president mario draghi addressing the Dutch Parliament. We will bring comments. Later, the headlines. David President Donald Trump late yesterday shocked just about everybody went abruptly fired fbi director james comey. We want to bring in reporters stock Marty Schenker bring in reporters, Marty Schenker and Kevin Cirilli. Kevin, tell us what happened and to anyone expected this . Kevin no one expected this. I spoke to republican political advisers to the president and senior aides and all of the pointing to the notion this decision to fire director call me will lead to some more confusion that any Political Capital that the administration had hoped to seize upon passing Health Ca
Emails for a break for a prankster pretending to be the chairman. Im guy johnson alongside tom king. Been quite a week. Quite a week. Had im not sure there is a correlation between your being here. Tom it has been an exhausting week. I cannot remember a week like that. We have got more reporting on that to all of surveillance. There is still a lot of other news out there including the german election. To the big one. Lets take a look at what is happening with the data. These are the numbers you need to know. The stoxx 600 barely budging. Tom, do you know what . We have had the biggest info into european equities on record this week. An in some ways, it has been incredible week but the equity markets have not reflected it. The german 10year is not moving very much. Tom maybe an oil lift. Guy up by. 2 . Tom i decided to do a data check. There is not much going on. That in itself is news. Let me get to my chart. A bloomberg chart on the atlanta gdp. For those of you not familiar, vyediffe
At 8 30 a. M. , it is u. S. Economic data as we will get housing permits for the month of april. Manufacturing employment and the number of hours worked last month. At 10 00, jp morgan holds its annual Shareholders Meeting in wilmington, delaware. At 11 30, the u. S. Treasuries will sell for 5 billion in fourweek bills. Back to our top story about what President Trump did or did not say to the Russian Foreign minister last week and whether put National Security at risk. Reportedington post information that trump disclose information with the Russian Foreign minister last week and subsequently the times follow that story. Our National Security adviser h. R. Mcmaster said that he did not disclose sources or methods. The story that came out tonight as reported is false. The president and the foreign minister even reviewed a range of common threats, including threats to civil aviation. At no time, at no time, where intelligence sources or methods discussed. And the president did not disclo
That is all pretty good. And ready to walk away. Talks, and the demand for a massive divorce payment. Eu leaders meet in brussels to define their negotiating position. This is bloomberg surveillance. Im Francine Lacqua in london. The president travels to israel and then on to the g7. Nato,o has a meeting with but lets check on your markets. We see a little bit of impact, following the bloomberg interview on oil. Equity is trading pretty much unchanged, a little bit calmer. Oil at 54. Lets get straight to the bloomberg first word news. Donald trump has told arab leaders that the war on terrorism is not a fight between different faiths. He also called for middle eastern allies to not wait for americas help to crush terror groups. The speech was emanmeant to declare that this is not a war on islam. When young muslim men and women should have the chance to build a new era of prosperity for themselves, it has to be done and we have to let them do it. Summitds help, this will mark the beginn
It looks like the worst decline going back to may 17 for the major averages. The nasdaq in particular is getting hit hard as we see Technology Sales shares selloff. It does look like this north korean rhetoric was the catalyst for this, but there has been more and more negative, at least cautious comments with disappointment on the earnings front. That, sort of, snowballing to create the selloff we are now seen for a Third Straight session. It is a broadbased selloff. All of the groups in the s p 500, save one, utilities, is lower today. Consumer, discretionary, financials each as individual groups are down by more than 1 . In terms of the individual movers we are watching today, it is a mix of earnings and this general unease. We have macys and calls getting hit hard after their earnings reports. Both reporting smaller declines than estimated, however the outlook for the second half is giving investors pause. We have apple selling off. It was, of course, trading at a record high. Now