Year yield. Really talking about when you look at the 10 year yield, you look at the charts, it is starting to make an uninversion of the yield curve. When that starts to happen, call your mom or head for the exits. Again, 4. 2 a and new home prices, nothing much to say there. The big story we are continuing and some ofbrexit the key crosses here on sterling. The headline is we are weaker on cable, but if you take a trend from 124, it is something we are trading right now. Lets stay on for brexit now, Boris Johnson will make a fresh attempt to deliver on his pledge to deliver out of the European Union. Supporters say he has enough votes to get a deal out of parliament. The u. K. Prime minister has formally, but reluctantly asked the eu to delay brexit until january 31. Here, justheadlines bring us up to speed. Saturday, he faced a defeat and parliament when he was supposed to be able to bring forward his boat, a meaningful vote to get parliament to this side whether or not they were on
Check on markets. Some positivity still feeding through the back of that china data that came in better than expected in terms of the retail sales. S p futures on the front foot, up. 2 . Four days of gains. Closer to above 3000. How much farther does the rally have to go. We look ahead to earnings. The 10year yield is backed up a. 2 curve. Lets get the bloomberg first word news. President donald trump has been accused of racism this after suggesting four female lawmakers to back to their crime invested crime infested places they came from. Of the four women were born in the u. S. And are racial or ethnic my own minorities. The purchase of a Russian Missile defense system. The u. S. Says deploying the missiles jeopardized a fighter jet. The white house as picked a package of sanctions for turkey with an announcement coming soon. Dozens arrested as protests continue in hong kong. This includes clashes with the police in a shopping mall. Emmis traders were demanding demonstrators were dem
A daunting proposition when the weather is going to turn to 97 degrees later this week. To the day,his is, the anniversary of when it happened in 1997. Questions. A lot of in the meantime, it is a quiet morning ahead of the u. S. Open. Some muted price action. Brent crude reaching the highest level since may. German three year yield dipping a basis point. On theg market currency heels of a less bad that expected gdp report from china. David today we mark the beginning of a big week for bank earnings. At 8 00,with citi tomorrow. Y jp morgan we also get retail sales and Industrial Production numbers. Companies Tech Companies face questions on capitol hill. Netflixy, we get earnings. Thursday, gm unveils its own new made engine corvette. In british open begins northern ireland. That is all coming up this week. We are joined today by Gina Martin Adams and damian sassower. Lets start with those china numbers. I will put up a chart that basically shows what happened. It was the lowest on rec
Well with the stoxx 600 up 2 10 of 1 . One of the outperform is is up and the cac is also positive. It is a racing some of those gains now. Lets get to the main story the Standard Chartered bank head of global fx research. Quarter gdpsecond growth doesnt sound like a massive slowdown but there are some warnings here, what should we make from this . Olds long as there is china just chinese growth over 6 , they are doing fine. They hit Market Expectations with aq2 number and we have not experienced the full brunt of the last rounds of tariffs which will be felt inq3 for the monthly numbers surprised to the upside and thats in the hope that maybe things are beginning to stabilize there. Its like a 14 trillion economy and its carefully managed and this is a managed slowdown. Should investors take flight at all . Investors have to be cognizant, every set of policymakers whether emerging or develop markets are trying to control their economies. There is strong debate as to how good their too
Plots and they wrote these guys into do it and now to las vegas, the mystery deepening. The police there just wrapping up a press conference moments ago. They still do not have a motive for why the mass murderer Stephen Paddock committed the most deadly mass shooting in American History but more details continue to come out about the killer. Welcome to risk reward im elizabeth macdonald. First your money the dow hitting record highs nearing 23,000 despite a disappointing jobs report for september. 33,000 jobs lost due to hurricanes irma and harvey. The restaurant Hospitality Industry hit hard. A good sign though more people pouring into the workplace, a Record Number of people in the labor force, now at 63. 1 and wages growing nearly 3 yearoveryear and were on this story tonight President Trump doubling down on his recent calm before the storm comments at a photo op with the military keeping up the mystery of what he means. Weve got an allstar line up to weigh in. Former Deputy Assista