The dax is down some 1 . A little bit of pressure on the stoxx 600, i guess a little bit of concern over the tax overhaul. There is a little bit of pressure on miners. The bloomberg dollar index again, the dollar seems to be pretty steady. I am looking at the pound because of theresa may and there could be some kind of rebellion brewing. We will get our Political Correspondent on that. We talk economics and Monetary Policy with larry hathaway. He is the head of investment solutions. Then, we discuss as it presses we discuss asset prices. Overhaul. The tax we are also just getting some breaking news out of indias central bank. It is maintaining its neutral Monetary Policy stance. I know we will get the chart of for you and i will bring you any breaking news that we have from the rbi of india. Lets get straight to the bloomberg first word news. Nejra donald trump will formally declare jerusalem to be israels capital and direct the state department to start the process of moving the Ameri
Their losses. The shenzhen composite fell more than 2 . Earlier this month, china plus government took unprecedented steps to bolster its stock. In greece, the latest talks on a bailout have begun this morning with the disagreement. Prime minister Alexis Tsipras says lawmakers have approved austerity measures, the creditors disagree. They say more reforms are necessary before greece can get any of the 95 billion worth of aid. Donald trump is worth 2. 9 billion. The celebrity president ial candidate has said he is worth more than 10 billion. The bloomberg billionaires index shows that the majority of his fortune comes from real estate holdings. Bp has reported his slowest quarterly profit in at least 10 years. The British Energy company has been hurt by the end of the boom in trading. The conflict in libya forced bp to write down almost as hundred billion dollars. Brent oil is 20 below its peak in may. The newest book from dr. Seuss has hit stores today. What cap should i get . Is the f
It has got for Sports Companies later this hour. Have a look at where european equities are trading right now. We are under 30 minutes away from the end of the wednesday session. Stocks are rising for a consecutive fifth day, the best run since september 12, the highest run for the stoxx 600 since july 19. All of these currencies falling against the dollar, bond yields gaining. Some Corporate News to tell you h utility fortum could turn into europes biggest acquisition. For a deal were e. On the offer of 22 euros per share of all unit per investors. Niper is thebuy upi biggest plan since germany split their utilities in 2016. Shares are down one half of 1 . A tough month for precious metals. Buying as little as. 71 ounce of gold on tuesday. That is the least going back to 1987. Taking a hit for diesel cars is compounding the impact for the diverting and diverting some investors from metals. That is the focus of that chart. More thanrst time in a year, local currency and egyptian bonds
Is now my high honor and distinct privilege to introduce to you the president of the United States of america, president donald trump. [applause] [applause] thank you very much. Thank you, mike. I really appreciate everything and i appreciate you being here but i especially want to thank secretary elaine chao, leader kevin mccarthy, thank you, kevin. Chairman bill shuster, thank you very much, bill, and all the members of congress, many of them here today, for joining us as we prepare to enter a great new era in american aviation. [applause] its about time too, i can tell you. But before discussing our plans to modernize air travel, i want to provide an update on our efforts to fix and modernize Vital Services for our veterans, our great, great veterans, who we all love. For decades the federal government has struggled to accomplish something that should be very, very simple, seamlessly transferring a veterans medical records from the Defense Department to the veterans groups and to th
Goldman sachs. Some pretty harsh words. We have details on that coming up here. Reversal that continued from the session on monday. Really tech has beenleading the marke again today, but underperforming over the last month. We have a debate on which names in the sector are worth buying right now. And President Trump criticizing china for its economic relationship with north korea in the wake of north korea launching that icbm over the weekend. Were going to take a look at what the president s rhetoric could mean for u. S. Companies doing business in china. Thats momentarily but first, you saw it here on cnbc the fed releasing minutes from its most recent meeting in june there seems to be some debate among the fed members about when the fed will actually start reducing assets on its Balance Sheet. Joining our closing bell exchange, we have with us, peter from the Lindsey Group steve from stewart frankel, and our own Rick Santelli is in chicago. With a fine tooth comb no real surprises.