David if they could get the pay equal to the americans we would have all would be all set. Finals on sunday, right . Scarlet yes, it should be a great match. Cant wait. David neither can i. Scarlet looks like were going to have a higher day on wall street, building on gains after the s p set two record highs the last two days. A lot of data coming up over the next hour and a half. Weve got factory orders, durable goods, i. S. M. Services and euros, slightly firmer against the dollar. P. M. I. Improved in june. But all the growth is really in service, not in manufacturing and the demand for havens continues. You can see the green color showing buying and treasuries, bringing the yield down. 1. 95 . And with that demand for havens, extending. G gold euros sixyear highs. David its time for the morning brief. This was coming up today. Were going to get u. S. Trade balance data for may may. Around 9 15 this morning, ford will be releasing its latest sales for america. And we get june Market
One that is as short as possible and that ends when we pass a deal and we need to be clear what such an extension is for, to insure we leave in a timely and orderly way. Out of fashion burberry shares sink after jp morgan cuts its fullyear core profit forecast. Its highly exposed to brexitrelated sterling volatility and santander reaffirms its medium Term Financial Targets and annual cost savings of 1. 2 billion euros in its latest strategy update. We speak to deputy chairman he ana bottin later today its its been an exciting half hour for euro zone data we have the final composite numbers for the euro zone for the month of march, and those have come in at 51. 6 slightly higher than the flash estimates of 51. 3. Just a tad below where we were in february. I want to point out, though, that the Services Components of that, the march final services pmi came in at 53. 3. This is much higher than the flash estimate of 52. 7, and indeed, higher than the february final estimate of 52. 8 youre
Alix it would be super dicey if you did that for days before the fed meeting four days before the fed meeting. Here in the markets here, not as boring as yesterdays trade, but not that juicy, either. S p futures up five. Eurodollar modestly weaker despite the fact that you had good earnings. The pmi and services up across the board. Euro a bit lighter here. A bit of selling on the margin. Yields up one basis point. Crude also quite as well, down. 1 . More governments in europe continue to add onto support for juan guaido. David time for the morning brief. U. S. 45, we will get 9 45, we will get u. S. Services. After the bell, snap and disney earnings. 8 30, the state of the union. We are all watching that closely. He will try to reach out and say we want to come together but we. Lso want the wall whitelawmakers will wear in solidarity with the suffragettes. Thats what we are told. We are joined by paul sweeney and marty schenker. Lets come back to the state of the Union Address. Lets t
Distinguished shirts for distinguished gentlemen including Prince Charles. Well be talking to the boss of the clothier turnbull and asser. Japans shinzo abe vows to raise retirement age. What age do you think youll retire if at all . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Worry not, sally and i will be here well into our 90s doing this programme, i have a feeling. We start in the us where it could be a difficult day for some of the biggest names in tech. Wit the us midterm elections less than two months away, the Us Government has called tech bosses to washington, to explain what theyre doing to prevent foreign manipulation of elections via social media. Today, bosses of twitter and facebook will answer questions from the Senate Intelligence committee. Facebooks chief operating officer, Sheryl Sandberg will say the social media giant has already disabled almost 1. 3 billion fake accounts a staggering sum and the firm has doubled the number of p
1 . It would be down if you strip out energy names. The only thing supporting us at the start of a new month is no longer receiving a bid. It is one of the big laggards of the g10 space. This is a good read on how much this market has decided to flip post jobs report. Are we poking holes through it or looking at things like manufacturing in the u. S. To decide maybe the fed is not done . Is the boe done . We were starting to price out some hikes from the boe post American Labor report. That has also started to undo itself. We are still buying bonds. Alix have to point out as we head into a long weekend in the u. S. , maybe there is some derisking off the initial positions. The s p is up by. 1 . We were up more after the jobs number. Manufacturing came in better than estimated. Prices paid rose and so did employment. There were some have sent havenots in the report some haves and havenots in the report. The initial buy the beginning of the curve is reversing a touch. It was buying equit