Percentage point the shanghai up by 0. 4 . In europe in the early trading, you will see green arrows across most of the major indices. The dax is up by a half percentage point, the cac in france up by a quarter percentage point crude oil prices which were up sharply yesterday, are down by two cents. Wti about 47. A couple big stories were watching this morning. Shares of tmobile are moving higher the Company Reported earnings of 67 Cents Per Share beating estimates of 29 cents. Revenue Beat Estimates tmobile added 1. 9 million new cust nomers in the quarter. Facebook confirming its working on a subscription feature to let publishers charge for stories on the social media site this could take pressure off of them in terms of the battle with the news industry. The pay wall will be available through instant articles starting in october. It would likely kick in after a user reads ten articles in a month. Facebook shares up 15 . On the wall street agenda another flood of Earnings Report abb
Off of 11week highs in europe. Lets look at the action in the crude markets. Opec members have agreed to cut production. Wti down today 1. 2 . Brent down 1 . Taking a breather. Its been a torrid run in the oil market. U. S. Federal reserve will announce the latest Interest Rate decision. The fed expected to raise rates for the second time in ten years. Also expecting an updated economic and Interest Rate forecast. You can watch all of this, the full coverage of the fed announcement and Janet Yellens News Conference on cnbc. There are a few other key reports to watch today. Heres whats happening. 8 30 a. M. Eastern time, the Producer Price index and retail sales come out. At 9 15 a. M. , Industrial Production and business inventories for october. Thats at 10 00 a. M. Eastern time. Now lets talk a bit of politics. President elect trump will be holding a roundtable summit with Tech Industry leaders today. Among those expected to attend, the man who put this together, peter thiel, bet on t
Finally a look at european equities at this moment. Green pretty much across the board except for the ftse 100. Joseph, nice to see you back. About to be here. Couldnt be you know, it if you could do that, monday, tuesday, thursday friday. You like that schedule . A little recess . Yeah. Hump day . Slept until 7 00. Wow. 7 00 a. M. Was up until 9 30 the night before. Whoa. Living dangerously. Threw caution to the wind. Didnt think about going up until 9 00. They say nothing good happens after 8 00 p. M. Theres a song on alt nation, nothing good happens past 2 00 a. M. Little different. Bare hands. You dont know that one . No. You millennials dont listen to the new music. I thought nothing good happens until 2 00 a. M. I know you. I know you. I know you, my man. Any way thats when he gets up to start prepping for squawk box. Thank you. Thank you. Column, tv show, deal book. Davos man. Broader markets. Treasury yields, 2. 6. When is the last time we were at 2. 6 . Two years ago. Did we g
Lee k shang lee k shang. They are revealing a new location for the Gemini Bitcoin exchange. A fundamental shift in the last 24 hours, a swing back towards remain over the weekend with the markets moved to go with it. Big gains in new york, the biggest pop since august of last year. It will continue with features firm. Board, a bigthe day for sterling yesterday, the biggest pop since 2008. The gains continue, pretty much unchanged for 2016. The euro is just a little bit lower and the fed chair is that to speak in just a few hours time. The euro down 1. 68 on the u. S. 10 year. David ok, john. Thes check in with Bloomberg Team for an indepth coverage of top stories. Anna edwards and it is in westminster and guy johnson is an london. Is in brussels, and Erik Schatzker is an washington. Jonathan all reporters and the lives of the stories are stacked. Withdwards joins us live the very latest on the polls from westminster. Guy johnson alongside me to talk about the market reaction. Anna, the
Sectors, all of these working together and pulling in the same direction. We need to customize Welfare Benefits to meet a persons particular needs and always, always, always reward work. Remove this trap. Fix these benefits to help the actual person get from welfare to work. Measure success based on results, not efforts. That is what we have been doing for 51 years. About the same poverty rates as when we started the war on poverty and success is basically how much money are we spending and how many programs have we created and how many people are on the programs . On flip that and focus peoplereally getting out of poverty . Our whole economy is suffering as a result of this. If we want to create more good paying jobs, let me tell you one more thing we have got to do. We have to fix the tax code. I spent years working on this in my last job as ways and means chair. Overseas, which means Lake Superior where i come from [laughter] we need to customize Welfare Benefits to me a persons par