Page 7 - Base Point News Today

Off. We are looking at markets this morning, firmer tone. 102 points higher, nasdaq up almost 50 points, all three majors rebound yesterday on trade and currency fears, beijing and washington still in stalemate with china digging in for drawnout fight, pretty good market yesterday, lindsey, your reaction . Yeah, im actually surprised the market is taking everything that we learned through the last couple of days in such good stride, again, today like you said at the top of the show you see the y...

Against the dollar late yesterday. The u. S. Treasury in the day labeling china a currency manipulator. Since then Chinas Central Bank has stepped in we well speak with white house chief Economic Advisor larry kudlow in a few minutes. You and i were talking yesterday, jim, about what we might expect in the market during the course of the day the move down in yields and the 10year in particular also caught a lot of peoples attention. Here we are a day later. We looked like wed be down sharply aft...

Points higher right now. The s p 500 looking to open little over four points higher lets show you what happened over night in asia as well maybe were pushing a little bit i was going to say, i thought it would be the opposite situation but the hang sang off little over 1 almost 1. 5 . Shanghai composite down. European equities as well right now. We see whats going on there there you have green arrows across the board finally the number that Alan Greenspan says he likes to look at, treasury yield...

With hundreds of job cuts in its trading division. Banks either trading revenue slump. Banks see they are trading revenue slump. Matt we have breaking news out of the financial industry. Profitpany sees pretax materially below 2018. 2019 will be a big drop in pretax profit. The first half net fee and Commission Income was 171 million francs. Pretax profit was 2. 1 million swiss francs. Just. E money it has named a new ceo, Peter Sanderson will be the new ceo of gam. They are also lending a new c...

It is about half past four in the morning. You are up to date with the headlines. Now on bbc news, Stephen Sackur speaks to us republican senator rick scott on hardtalk. Welcome to hardtalk. Im at Stephen Sackur. Donald trump is the most unpredictable of us president s, as this is the briefing. Im sally bundock. Is evident from his policy approach our top story to north korea, china trade, iran, north korea accuses the us and a host of other domestic and of being hell bent on hostile actions, ju...

Incredibly tight range for european equities. The pound is down. We are expecting Boris Johnson to become Prime Minister tomorrow. The pound was down a little bit more earlier, bouncing off its earlier lows. We continue to watch the situation in the gulf escalate, and we continue to watch the situation between the u. K. And iran escalate as well. Oil trading higher. Vonnie time for a bloomberg spook now bloomberg scoop now. Carl icahn is ebbing up his Occidental Petroleum in letters to sharehold...

How about china trade . Thats a standoff. Lighthizer and mnuchin have been on the phone to their chinese counterparts. The chinese say we called them. President xi and President Trump will meet just within days. Back home, a standoff on money for the border crisis. The democrats cannot agree among themselves on new cash for detention facilities. Children are suffering. A vote on emergency aid which was supposed to take place today might not even make it to the floor of the house. Just wait until...

For the highlyanticipated rate cut. Tech sold out. The nasdaq hitting a record high before reversing lower as big tech is under fire the white house is hosting a summit targeting social media giants can tech rally in the face of the major headwinds or is the group handcuffed so many options as to where to go guy, what do you say first of all, this is unbelievable actually no. It was years ago it is interesting that, you know, billy joel, great artist and you played potentially his worst song. I ...

Trading resuming after all three major averages closing in record territory on wednesday and markets of course closed yesterday for independence day. Jobs report out in just over two hours. Economists are expecting 160,000 jobs added to the u. S. Economy. Unemployment expected to hold steady at 3. 6 . Joining me this morning, fox business jackie deangeles, max funds. Com cofounder, jonas and chief workforce analyst joanie courtney. Thank you all. Good to see you. One day after the holiday. So jo...

Welcome to post9. What do you think . We were down as much as 200 points on the dow earlier today. Now were down just 16 points. I think it really what were getting a feel for here whether you thought there was a 50 basis point coming or 50 base point rate cut coming, i think it goes off the table. It hit bull the hardest which is that inflationary hedge. It pushed gold lower equities have recovered but the moves we saw in bonds and dollar havent retraced steps. Shows the resilience and risk on ...