Im gigi stonewoods. And im frances rivera. A new week and a new phase of the impeachment inquiry on Capitol Hill House Intelligence Committee chairman adam schiff early as th congress on a twoweek recess. The members most focused on impeachment will remain in d. C. Through the break. At the white house, President Trump is mounting a fiery defense, lashing out with nearly 80 tweets throughout the weekend, last night directing his ire at the whistleblower saying, quote, i deserve to meet my accuser and that he wants schiff questioned at the highest level for fraud and treason. The president also adding that he wants to meet not only his accuser, but also the person who gave the information ending with was this person spying on the u. S. President big consequences. Meanwhile, a cbs news poll finds that the majority of americans now back impeachment with 55 voicing approval of the inquiry. Nbcs Kelly Odonnell has more from d. C reporter the ukraine call whistleblower, unseen, unidentified,
Cramer. You can see the dax, which is not having a great year is up. France and the ftse is down ever so slightly. 10year note yield and wti right at 50 bucks and brent a bit above that. The yield at 1. 854. Lets get to our road map this morning. It begins with more painful retail. Were going to break down all of the big earnings that are out this morning on that front. And is the ipo market back . There are Six Companies making their debut today. U. S. Foods we just mentioned here at the nyc, set to be the second largest initial Public Offering on the year. I think Mgm Properties will be the largest still. And what role will apple play in the future of television . The deal, i dont want to say it, were going to talk about this fun story. Its fun. Its never going to happen. Kim jong jim if you havent seen that one. I dont think of you as the fearless leader. No, and i havent spent a lot of time with Dennis Rodman either. Crude surpassed 50. Stock futures also up following on the gains
Bank, nowsche commerzbank, the share prices are likely to come down, despite thing dividend is up, but 9600 jobs will go. Tom it has always been the news, and it has been for years, what to do with commerzbank. It will be a good hour to inform people of the dissensions between commerzbank and beleaguered Deutsche Bank. There are differences between these stories. Francine you are absolutely right. They are different. This is surprising because it is after brexit. We will get more on that. Bloombergstraight to first word news. Here is taylor riggs. The army says it and selected heavy casualties on militants trying to infiltrate india. No more attacks or plans. The attack was in retaliation for a Deadly Strike on the indian army earlier this one. Eight and soldiers were killed. Meanwhile, pakistan denied the Indian Forces staged a raid, saying they fired across the border. Congress has top suspending the u. S. Government shutdown through the summer ninth. It puts money forth to fight the
Were happy that. We have Raphael Miranda with a look at the temperatures today. Good morning guys. Efrp was out and about yesterday enjoying the beautiful weather. Even milder today. Well make it back into the 70s. That has a lot of people smiling this morning. You can see on storm tracker, very quiet right now. Expecting loads of sunshine. It is chilly at this hour. Dealing with temperatures near freezing in many spots. In fact, we have patchy frost thats a concern. We have frost advisories in effect. Ill show you those in a minute. Take a look at the chilly temperatures. 35 in poughkeepsie. No tshirts in newburgh. As the day goes on, it gets much milder. 40s at this hour. Back to the 60s by lunchtime. Todays high, 71 degrees. The second time this month weve seen 70 degrees in central park. That mild feel continues through the afternoon. Even this evening. 6 00 p. M. Temperature, 69 degrees. Start marking outdoor plans. Rain in the forecast but not a lot. Back to you. Raphi, see you i
Once again, when you talk about data coming out of china. Guy it seems like a familiar theme. But the aggregate is interesting here. The chinese inflation data and aggregate again just adding to this overall picture, the chinese economy is slowing. And as a result of which, maybe well see reaction. Cpi story, speculation the central bank would do more to stimulate the economy. There is ongoing weakness the factory gate deflation story. We have a chart that shows just how long we have been in negative territory, that the 2012 is as far as you have to go to find a positive number. 43 those are the months that we have seen it in negative territory. Guy that has an impact around the world. With weakcoincides growth, we have a chart here on bloomberg that shows the deflationary trend running around the weakening and Global Growth that we saw. Guy we have intelligence out overnight, a company is breaking estimates. We will bring yo that and have back and analysis in a couple of minutes. It l