Will they moved their headquarters from catalonia . You are seeing the selloff continue on the periphery debt, 2 . Ish yields up about sterling, this is one for you, year. He worst of the can headlines get any worse for theresa may . Jonathan i think that is theresa mays cross. David if they can get worse for her, it will. It is jobs day and coming up at 8 30 a. M. We will get september data from u. S. Nonfarm payrolls and Labor Force Participation rate. We will hear from the fed president s. We first want to focus on the jobs numbers and turn to julie hyman in washington, d. C. She will get the numbers before we do and she will come tell us at 8 30. What are you looking for . Julie what we have been looking at, the hurricanes will make this not a very normal jobs report. There will be a lot of what economists like to call noise in this report because of the various hurricanes. Harvey made landfall august 25, irma september 10, and the survey period ended slightly after that. The nonfa
At the bottom of the statement. New fed vice chair for supervision Randal Quarles casting his first vote. It is all about who donald trump taps to be the new fed chair. If it is going to be governor howell,ell jay get might have made for interesting conversations. The latest word from the white house is we will get that decision tomorrow afternoon. We should mention that even if janet yellen is not renamed renominated, she is gone but not forgotten. She has two more meetings to preside over, december and january. Tom i have to go with a double prediction. Powell or taylor . Lets say it is Michael Mckee, and far more important, dodgers or astros . You have mike to go with the home team and say the dodgers. The papers tell me it is going to be jay powerll. Idea of where the economy is given low gdp. Some people say it is below 2 . To this any umph economy that gives the fed the ability to move beyond december 13 . Mike there is nothing that would change the outlook at this point, which i
London. Barton in we are one hour into the tuesday session and docs arising for the second day. They were rising and now it is dipping with the second day of gains. This is the first time this has happened since midjune, but we are down by 1 5 of 1 . The german 10 year yield is rising, it fell by three basis points yesterday because of a more hawkish president draghi. Down for the third and itinst the dollar, is the best performing g10 currency against the dollar so far in 2017. Big stockpile data expected from the eia tomorrow. We should continue to see a drawdown. 1 5xcrude, lower, down by of 1 . Lets get the bloomberg first word news. Reporter President Donald Trump has nominated quarles to be the federal reserves top banking regulator. He was a senior official in the george w. Bush ministration. Quarles, who will be the first person to solve than the to serve and the role of the vicechairman, will be a pivotal part in easing after the financial crisis. Donald trump juniors lawyer h
Oh, snap, oh, oh good morning and welcome to Worldwide Exchange on cnbc im sara eisen. Good morning from me as well. Lets check in on Global Markets, show you what Global Equities are doing after the nasdaq outperformed the three major averages, which were little changed, though you did see big moves, lower for instance in retailers. Walmart was the biggest drag on the dow yesterday. Prime day kicked off last night. Well get to that in a moment. Dow futures are higher, though s p futures are little changed, down less than half a point. And nasdaq futures are down about five points. As for the 10year treasury note yield, lets show you where we stand. We had yields come off recent highs yesterday, though not meaningfully, and were still sitting below 2. 40 on the 10year yield. Still multiyear highs. Yields moving up again today. Seemed like yesterday in europe it was single day of yields slipping a little bit. Data out of asia car sales returned to growth in june with total vehicle sales
U. S. Equity futures this hour, lets show you whats going on, suggesting a flat open s p opening lower 1 1 2 points, the dow slightly lower and the nasdaq lower by four overnight in asia, quiet session around the world, generally. Hang seng higher over 1. 5 , but t shanghai was lower european equities. The dax is higher by 0. 25 france and the ftse slightly lower. Italys higher by a third and spain is lower by 0. 25 . Their yields are backing up over there once again that has resumed take a look at crude wtis lower by 20 cents, a decline of 0. 5 , 44. 15. If youd like crude delivered in august pepsico just out with Quarterly Results. Sara eisen has the numbers 10 cents above on earnings, i see, sara. Sure looks like a big beat. Eps 1. 50, versus the 1. 40 expected it includes a 6cent gain from a sale, but its an estimate, so its unclear whether that factored into the analyst forecast, but either way, a beat on the profit line, a beat on revenues as well for pepsico, 15. 7 billion. The