Talking about oil, weve been watching oil along with wild moves in stock market all week and last several months michigan congresswoman House Community member is here. Talking about china trade dont ms a moment of it. So weve got a rally this morning underway triple digits move after we saw that huge wild week last week. Three down weeks in a row looking to break the longest losing streak since may if weve got china trade, tensions President Trump commented on negotiations yesterday. Heres what the president said. Monetary manipulation and pouring money into the krnghts because they dont want to lose jobs but losing as you know because you reported it but they lost over 2 million jobs in a short period of time and they want to make a deal see what happens but they want to make a deal. If i wanted to mawk a bad deal and settle on china market would go up but not the right thing to do. Im not ready to make a deal yet. China would like to im not ready. President says that apple ceo tim co
It is monday julynd fbn am starts right now. Good morning im Cheryl Casone. Im deirdre in for lauren simonetti. Great to have you here deirdre. Monday moving on this monday we have green arrows across the board pickup continues with dow up by 66 and s p up by eight and quarter and the nasdaq up by 30 and a quarter. Taking a look at the bond market with tenure treasury yield you can see 2. 04 , of course, a lot of that a lot of traders focused on had head meeting july 30th and 31st. Absolutely. Also, of course, weve got this british tanker that has been ceasedded near iran by iran, were wapping oil and again, it is up. 5 6, 79 a gain right now of a dollar 16. And overnight in asia, take a look youll see nikkei shanghai hang seng and all lower across the board. Finally over to europe taking a look at markets there as you can see green arrows across the board. And to our top story there will be no shortage of Economic Data this week so were going get a fresh look at the state of the Housi
And so well talk. No. Thank goodness, and lets talk about markets earnings. I want to know what hes fixing. Fixing facet. Lets talk about markets and the recordbreaking last week. Futures are pointing to higher ownership a 28 point gain on across the board after all three major market games finished in record territory on friday. Second quarter earning season kicks off in about two hours. City reports President Trump tweeting on the economy last night, were doing great economically as a country. Number one, despite the feds aint waited policy on raids and tightening room to grow. Mitch lets start with again the feds getting ready to cut Interest Rates based on all indications. So thats thats not tightening. But lets talk about earning season what do you expect because again, rip to, quote, ya a rip roaring market but you have earnings are expected to come in negative for this quarter. Last quarter same i mean for the Second Quarter, and negative even in the Third Quarter based on expec
Melissa 2020 census ruling coming out today from the nations highest court and now President Trump is responding saying the ruling is quote totally ridiculous. I can hear him saying that. We are live outside of the Supreme Court with reaction from both sides of the aisle. Plus all eyes focusing in on iran from the g20 summit in japan. How the commanderinchief is working with our allies as tensions with iran remain high. Candidates getting ready for night two of the democratic debate where senator Bernie Sanders and former Vice President joe biden are facing off. We have much more coming from miami throughout the hour. Big focus here on the g20 summit in osaka, japan. President trump is expected to meet with his chinese counterpart for the First Time Since the talks broke down in may. Lets go to fox businesss edward lawrence. Reporter melissa, before that happens, in four hours from right now President Donald Trump will meet the japanese Prime Minister shinzo abe. They will talk about t
Lucas has more from delaware. 11 warships in all. InterNational Waters off the coast of alaska early last week. The largest in u. S. History. There was no reaction between the chinese warships that a spokesman went on to say in a statement to fox north come acty monitored the naval patrol that operated near alaska early last week. Aaron maritime assets under our command conducted operations to make sure that the defense of the United States and canada that patrol ended up in National Waters and the patrol is not a threat. Guiding Missile Destroyers to shadow that appeared the u. S. Navy routinely does the same thing to russia and china sailing warships and Flying Spy Tray spy planes towards each country. Rc 135 our aircraft back in the South China Sea in may. Officials say the russian and chinese are just returning the favor. Dan sullivan says he is concerned about this saying this is unprecedented in terms of the size and scope of this joint naval tax force between russia and china wo