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Kuroda feeling cautious. They tell bloomberg the nations cannot keep up its current growth rate, but how long can it continue this a comet is Monetary Policy accommodating Monetary Policy . It is looking to promote expedia ceo to run the global firm. He was not on the list apparently, but it looks like he could be the man. We are less than a half hour away from the European Market open. What are we looking at . Couldthe question is, not get anybody else to come in and run the business . Uses it a lot of the time, but it has come under fire lately for other issues, scandal , issues of the like. We are not showing the ftse futures because it is a bank and hopefully everybody in Great Britain is still asleep. We do see euro stocks, futures down, dax futures down, cap ....
That the ecb is continuing crude getting a nice bid on the iran conversation. Looking at the banks, bank of america up 6 10 of 1 . Wells fargo unchanged. It feels like a really solid quarter for bank of america on earnings. It was the Consumer Banking unit that felt really good. Loans and deposits were up. They werely only at 834 million. David it looks very solid but we looked back to yesterday and thought citi and jpmorgan were doing well and they turned over. Alix fic was down 22 . Is the focus for banks turning to consumer loaning, which will make wells fargo allimportant . We want to turn to Michael Mckee with a very special guest. Michael good morning. Washington federal and Eric Rosengren joins us on the boston fed annual Monetary Policy conference. A speci ....
I am mark barton in london. And i am Francine Lacqua, right here in rome. We have been in rome the last three days. When you look at the markets, they seem very calm. Be buying some of the bonds to keep that safety blanket in check. We will find out more on thursday, when i am sure mario draghi will be fielding a lot of questions about the political upheaval here. One thing i keep being told over and over is that investors burned by brexit are still burned by trump, but this time took the right positions. Timetable. Talk when will lindsay step down as Prime Minister . Francine at this point, we dont know. We know that the president met with the Prime Minister, matteo renzi. We understand they met twice yesterday, once in the morning and once in the evening, around 6 00, 7 00 p. M. The second meeting was quite long. It l ....
The u. S. 10 year is certainly very much the front end of the european really crossed and getting finland, germany, france, netherlands, belgium, some of the biggest moves you can see. Remember, these are standard deviations. You really dont ever see these kinds of colors. It is a huge move. The market is looking for safety. Platforms are being left to one side. So many big assets including sterling. We will talk to a lot of guests this morning. We try to get you an idea of what is going on. How did the smart money get it so wrong . Kramer from s p will join us later on. He told us that it was an automatic reaction of the smb would downgrade the u. K. We get his thoughts this morning. An ardent campaign to leave the eu will also join us. We will count you down to see where the market is going to open in 29 minutes time. We will be fascinated to see this move on the pound will take other asset class movements. Trying to get reaction from you as we have seen this leave the vote come thro ....
Stock markets closed for holidays in shanghai and south korea. Lauren Oil Prices Fell 3 yesterday in a supply report. rightparen gaining six and 43. 64 a barrel. Nicole more problems for wells fargo ceo john stumpf. Federal prosecutors now looking into the bake sales practices that led to last 6,185,000,000 fine. Lauren apple ceo tim cook must be smiling because apple stock up 10 as initial quantities of the iphone seven plus are sold around the world. Nicole chicago cubs are one game away from the title. A heartbreaking loss for the yankees. Other highlights coming up here in lauren 5 01 a. M. In new york. Welcome to fbn am from your first look at todays market and the latest breaking news in what to expect today i had feared trade jay donald trump in your quest is expected to outline the full plan. The nominee says it is completely paid for through Economic Growth and pro ....