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currently down. we are still trying to figure out what the next leg for a lot of these markets is. industrials are under pressure today. we are still trying to figure out the aftershock from the global selloff that we saw on tuesday and wednesday. the other thing that i am looking out for is the yuan, dropping the most since august of 2015. some trade figures in china disappointed and of course it is boe day. bloomberglso on to a fewnce., we speak guests. kaplan of the federal reserve bank of dallas joins us in an hour. a little bit later on we will be axeld by axa labor weber. let s get straight to the bloomberg first word news. societe generale has the estimates has beat estimates. it was expected to post a loss. the ceo of france s second-biggest lender is upbeat. first of all, fourth quarter we did better. decline.very modest u.s. senate leaders have announced a budget agreement that would provide nearly $300 billion in additional funding. extend- the pl ....
end? matt: it will be interesting to talk about that, only an 800% gain for bitcoin. i m going toy go speak with the ceo of ing and of, deutscheeo deutsche bank, and i will stay here to see how janet yellen get on with mario draghi of the ecb. take a look at where futures are pointing this morning. as we see the pound down, we ve had a game in u.k. futures. futures,ee cac ibex futures, also pointing to a strong gain. that has a lot to do with the currency moves, as always, guy. guy: what is happening with the pound is fascinating this morning. the market is getting antsy about theresa may s action. down, but itng is interesting to see how much support there is, trending down 9$ on gol.d up.ssive rally take a look at the mliv. it s sitting right on the trend line. there was a lot of selling in the last 20 to 25 minutes of tradeing, and it is nice to see what kind of support there is. that is where we stand at the moment. as matt said, it looks like we will see a slightly ....
10 year. let s get your earnings. walmart coming out with earnings, second-quarter adjusted eps coming at $1.08 above the estimate of $1.07. walmart seeing years adjusted $4.40 to $4.30. nothing that stands out in terms of missing or beating estimates. in theown by about 1.23% premarket. on the year, what a performance so far this year. jonathan: they have really come back david: they have really come back. jonathan: up 17.4%. david: time now for the morning brief. we will be getting weekly u.s. jobless claims and the philadelphia fed s business outlook. bill ackman will prevent his adp thesis, addressing questions from investors and analysts as he makes the case for improving the company s performance. we get u.s. industrial production data for july and we hear from robert kaplan speaking time.as at 1:00 eastern all through the day, we are all going to be focused on washington and the aftermath of the collapse of the president s very is leadership councils. kevin cir ....
usually about a million people or more are here for the pride celebration. this year may top that. today, folks talking about work that still needs to be done for equal rights at the historic supreme court allowing same-sex marriage across the land. but happy to be out here in the moment. it s the one day that you see people being free and being themselves. and even in a society like san francisco, people still have an element of hiding. and here you know it s the one day you see people for who they are. the fact that that has changed for the rest of the country kind of brings a lot of joy to even californians. reporter: now, today also about 100 people gathered for the pink triangle commemorating. as one said the community has turned hatred and oppression into positivity and pride. but there is still a lot of work to do. a pink party going on. i think we ll head there next. and of course the big parade tomorrow morning. christie smith, nbc bay area news. and on ....
stocks are going to end. ceo jimin charge, moran, joins us later in the program. first, markets. david: in the markets this morning jonathan: in the markets this morning, s&p 500 futures down. over in europe, a day of gains. the ftse up 510 and the dax up 1/10 of 1%. we will get through the other asset classes for you. cable, big story. the pound at 144 as i speak and the euro at 1422. 47 .75.ti up about 1/10 of 1%. around the world and check in with our bloomberg team for in-depth coverage of our top four stories. mike mckee on a barrage of u.s. economic data this morning. guy johnson has details. will kennedy is in london for the latest on the oil rally and home depot beats the street. we will break it down with matt townsend. in new york. plenty of economic data including consumer prices, and housing starts. michael mckee has great sense with his presence. this is all about inflation. how decisive will today s cpi really be? , for two t be decisive reasons. the fed ....