For border security. The Supreme Court has sided with President Trump. Allowing the administration to fully enforce the policies cracking down on asylum claims. And attorneys for former National Security advisor for Michael Flynn say the Justice Department new that they were at the very least problems with the fbi investigation of flynn and that the case should be thrown out. Fox chief intelligent correspondent with the latest. Thank you and good evening. According to the records unsealed by the federal court, i flynns legal team believes theres a letter from the British Embassy warning about the dossier credibility in the alleged was withheld by special counsel prosecutors. The defense team motion states in part, a letter delivered by the British Embassy to the incoming National Security team after donald trump selection and outgoing National Security advisor susan rice says the letter just about or more British Secret Service Agent and causes credibility into question and declares hi
Market is expecting . President trump delays his latest tariff hike on china by two weeks, and bloomberg learns that asian could allow companies goods. Importing farm and come a ab inbev is said to be looking to raise 5 billion for its unit in hong kong. Less than half an hour to go until the start of a european trade. Good morning and welcome. Lets look at futures and where they are heading this morning. Riskon seems to be the scene this morning. No surprise when he see what is happening in asia when you coider the symbol losing from what we are seeing on trade right now between the u. S. And china. No surprise are seeing some moves higher indoeuropean features. The screen shows us the moves that are outside our normal trading standards. We the equity story on the left side. Looks a little mixed, but positive for the markets in the asian session. Chinese markets of the more than 1 . We have seen it in the two tariffs by the u. S. , our colleagues have also brought up a move that china
Joining the conversation Fox Business Network dagen mcdowell, daily caller editorinchief chris bedford, former republican candidate steve forbes, great to see you this morning. A lot to talk about, also on deck this morning former Senior Adviser for president george w. Bush, Fox News Contributor karl rove to preview democratic debate tonight. Also Peter Navarro is here this morning to talk u. S. China trade when we do have big news this morning on that and North Carolina attorney general josh to talk about perdue farm opioid settlement, big show coming up. Ii want to kick it off with u. S. China trade olive branch, if you will, President Trump delaying a 5 tariff increase on chinese goods, delay that by 2 weeks, the president tweeted this, at the request of the vice premier of china lou he, celebrating seventh anniversary on october 1st, weve agreed as gesture of good will to remove increased tariffs, 25 to 30 , prooctober 1st to october 15th, the president also spoke about china at th
Would cut more than this. Alix but it looks like they actually cut more than expectations because it was 19. 75 , go into 16. 50 . It appears they did actually cut, so50 basis point it seems like it was a little deeper than even the most dovish expectations. 19. 75 , and was they cut it to 16. 5 percent. So it did exceed expectations. Alix but yet, you have the lira moving higher. I think that is never a good sign, when you have the currency moving higher when you have a 325 basis point cut. Interesting. We will have to watch that currency. That feels very much like the playbook last time we saw a cut from the turkish central bank. You have the, yes, turkish central bank. Now we are pushing ahead to the ecb. S p futures unreal, up over the 3000 mark. Hold . He rotation we seen we took a pause yesterday. Odollar euro firmer eurodollar a little firmer this morning into the ecb. A little bit of wiggle room when he market. Youre seeing a little bit of buying in the bond market in the u. S.
For border security. The Supreme Court has sided with President Trump. Allowing the administration to fully enforce the policies cracking down on asylum claims. And attorneys for former National Security advisor for Michael Flynn say the Justice Department new that they were at the very least problems with the fbi investigation of flynn and that the case should be thrown out. Fox chief intelligent correspondent with the latest. Thank you and good evening. According to the records unsealed by the federal court, i flynns legal team believes theres a letter from the British Embassy warning about the dossier credibility in the alleged was withheld by special counsel prosecutors. The defense team motion states in part, a letter delivered by the British Embassy to the incoming National Security team after donald trump selection and outgoing National Security advisor susan rice says the letter just about or more British Secret Service Agent and causes credibility into question and declares hi