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Stronger dollar story. People are still going shopping in the u. K. Retail Sales Numbers really strong in the u. K. Yields up by around two basis points. Much more on that in just a moment. Most the yields rose the it almost a year. Abn egypt air an egyptair flight has gone missing over the Mediterranean Sea. We have the latest with riad hamade in dubai. Please tell us what we know at this point about this egyptair flight. Unfortunately, we know very little. It took off from paris, disappeared around 2 30 a. M. Egypt time from the radar. Airbus 320. Is an it was given to egyptair in 2003. It is not a very old airplane. The pilots were very experienced. Right now, the militaries of egypt and greece are searching forn any debris. David weve heard president that no causeris has been ruled out. Was it at cruising altitude and what was the weather like . Riad as far as we know, ....
The august jobs report . Phil mattingly will bring those numbers. They expect 217,000 jobs were added and the Unemployment Rate fell to 5. 3 . Futures are down and stocks in europe and overnight in hong kong, they are always on our numbers but this is where i need to bring you in. The august jobs number is woefully unreliable. Jack yes, very unreliable. Of 217,000 may be with the number ends up. I think it will end up higher than that, but it could start lower. You are making this point, carl. You know the Historical Data. Carl i have to take issue with Historical Data you are referencing. Youre going back to 2011. Matt i do not think that gives you a great sample size. Erik revisions, revisions. The m interested in im not interested in the august number. Im more interested in the revisions for july. Erik this is a ....
Stock to talk about. Japans Prime Minister, shinzo pledged to lower Corporate Tax rates. The shenzhen composite index rose more than 3 . That is its second gain in a row. Indicate u. S. Stocks will open higher. S p 500 closed that more than 2 yesterday. Europe is being told it is time to act, and governments must take in 160,000 refugees from Northern Africa and the middle east. European Commission PresidentJeanclaude Juncker urge to the continent to share the burden. He spoke to the European Union in france. All of us should remember that europe is a continent where nearly everyone has at one time been a refugee. Our common history is marked by ....
Jobs in this country since late 2007. There is a discussion of the quality of the jobs. We will talk about that. Consumer credit comes out at 3 00. After the bell earnings descendents. Alcoa and bob evans kick off the earnings season. Bob evans, a nice place to have lunch. 1 00, richmond fed president jeff lacher speaking. Soon after in minneapolis, the fed president. Very interesting, maybe the fed president and nobody knows but should know. There is your morning brief. Lets look at the data check. Equities, bonds, currencies, commodities. A sustained equity market. 17,024 on the dow. 10year yield, 2. 59 . Nymex oil pulls back. 11. 33, still outstanding. Brent crude. And there is gold. Let me go to the monitor here. This chart does not go back to 1789. Year, new low rates. Irwin with a great article in the New York Times today. The idea that every asset around the world including spanish bonds is in a bubble. We will talk about i ....