Page 15 - Oil Patch News Today

Time for Global Exchange and bring you todays market moving news from around the world from hong kong to frankfurt to london to new york and washington. Our bloomberg voices are on the ground with this mornings top stories. Were going to start with the latest in asia. Trade uncertainty appeared to take its toll on china. The countrys economy losing more steam in october, factory input and fixed asset sales missing estimates and joining me from hong kong is bloombergs chief asian economics corres...

Key read on manufacturing in the next hour. Plus, streaming wars, apple launching its tv plus platform today. It is the latest volley in the original content battle between media and tech giants. And pinterest plummeting, losing a third of its value since peaking in august. And the Growth Strategy for starbucks, Kevin Johnson will join us first on cnbc this hour. Lets get to the jobs number, october payrolls well above expectations at 128k despite the gm strike. Unemployment goes down goes up to...

Probability an october fed rate to 90 Technology Leading todays come back nasdaq is higher up about 1 . We got our team of reporters standing by. They will break down todays whipsaw Market Action. First joining us is stephanie link interesting day weve had here we were on together at 10 00 market immediately went down i called almost a percent. Here we are back up. What do you make of it its a wild day its not over. I think its bad news is good news the data was soft. Both ism reports were soft ...

A variety of issues. Remember that when you see the speech. After the speech, President Trump will meet with britains Boris Johnson. Now, that meeting should be about a big trade deal. However, earlier today, Britains High Court ruled that the Prime Ministers suspension of parliament was illegal. That complicates an october 31st brexit, and you cant have a trade deal til the brits are out. Meanwhile, democrats are racheting up their calls for impeachment. This time its about that call to ukraine...

I sawed this loud and clear to everybody. Rob portman back immediate up. Theres nobody more honorable than rob portman of ohio he called up, please let the money go i said rob i hate being the country thats always giving money when ukraine helps europe and the European Countries far more than they help us theyre like a wall between russia and europe. Theyre like a wall. Theyre a big, wide, beautiful wall and he said, you know what but its important in fact, he came out and he said that this was ...

For the bad guys. That is investigating tonight. The market soaring on expectation of the Federal Reserve. It will cut rates even more after mixed jobs report. Plus bullish comments from larry kudlow on the trade talks. He says no recession. We have the economic update that you need on what you can expect about recession in the forecast for growth and peace in 2020. Also the update on the impeachment play. House democrats now requesting documents from the impeachment inquiry from Vice President ...

Ipo again. And what is the deal with netflix . Picking up a new sitcom to take on an old sitcom. Tuesday, september 17. Thats what it is today. You are watching Worldwide Exchange. It begins right now. Good morning. Welcome to Worldwide Exchange. Im in for brian this morning. Indicating the dow will open lower after snapping an eightday win streak you can see the dow jones is off by 27 the s p by 2 one bright spot, the Energy Sector that coming off its best day since january as we saw oil soar b...

Open up higher, just a little higher, and yes, we are still very close to record highs. The dow is going to be up maybe 15, 20 points. Very small gain for the s p, 11 points up for the nasdaq, but up is the operative word of the day. Now look at this. Street battles in hong kong. That is the right word to use. Water cannon was in use, police pointed their guns. There is a report of a shot fired in the air. Chinas leader has a growing problem in his own backyard. Tomorrows october 1st. Chinas big...

Have room to run we debate that but first i. C. E. Is that the Federal Reserve is that what its feeling right now . Under pressure it should be under pressure no its not it will come. Between the ecb relaunching open and monetary easing and the president tweets urging the bone heads of the fed to cut rates, does the fed have no choice but to move in that direction, guy. I hope thats not the case. I hope they back in october Jerome Powell when he first started in job he said we are going to do wh...

Expected, the question is how much. And bigtech in the cross hairs, Senate Committee holding antitrust hearing today. Companies expected to face tough questions from both sides, plus, President Trump ripping the New York Times once again, a lot to go at today including more problems for wework and half billion dollar deal to bring seinfeld to netflix, Varney Company begins right now. David day 2 of gm strike, Kristina Partsinevelos from picket line in arlington, texas, what are you hearing about...