Also taking comments from top fed president. Trade turmoil, white house economic adviser larry kudlow signaling new in person trade talks with china and ecommerce on alert a new porch pirate threat that could have Online Shoppers running to protect their picnic baskets. Its friday, august 23rd and Worldwide Exchange begins right now. He faces one of the most divided Central Banks we have seen in ten years. Those comments are due out at 10 00 a. M. And well take you there live on cnbc those comments will be the ones traders pay the most attention to today now the stock futures indicating a higher open. The bond market always a focus right now and the ten year note yield below 1. 65 and the two year note yield 1. 64 . Checking that spread, as you can see here were moving and were pretty much flat at this stage watching that level here, its not inverted but its goingbac and forth between positive and negative well keep an eye on that. Lets go worldwide in the asian trade, to close out the
At the open. S p looking to be up by 1 point, the nasdaq off by 1 1 4 points overnight in asia, japan was closed for a public holiday. No trading or the nikkei most of asia was digesting Economic Data out of china the Second Quarter Economic Growth gdp slowing to 6. 2 , also coming off 6. 4 in the first quarter. Thats the weakest pace in 27 years. Industrial output, retail sales data also fixed Asset Investments were all above forecast chinese shares were down before the data was released. Then they turned positive. Overnight in europe, we are looking at i thought we were going to follow asias lead, pretty much flat across the board. The dakotas is off by 4 100 of a percent. The treasury yield market, the twoyear note 1. 845 . Just mention on the china data that markets responded better to the data for the first portion of trading in asia and europe and weve just sold off a little bit in the last few hours. As you pointed out that was just for june. Gdp for all three months it did see
China, wealth gap, taxes, tariffs, immigration, all taking center stage at the Second Democratic president ial debate well go live to miami with reaction and a brand of china and for china. Nikes mark parker channeling abraham lincoln. The stock up 12 year to date and is about to add more today its friday, june 28, 2019 Worldwide Exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Happy friday. Im Brian Sullivan the imac, the ipod, the iphone, new headquarters, just dozens of innovations designed by sir jony ive who said he is leaving apple after two years with the company. Its a big move and a big surprise much more on jony ives exit in a few moments. First lets get you set up on the final trading day of the month, the final trading day of the quarter, the final trading day of the first half of 2019. We are higher right now. Dow futures up 98 points remember, we need 1. 6 now to get to that new high we got c
Resolve on full display. The president demonstrating real leadership by calling off air strikes against iran. U. S. Military was ready to retaliate against iran for shooting down an unmanned u. S. Drone but when the president was informed, there would be casualties, he called off the attack. The president in no hurry to strike back against iran as sanctions he has placed on the rogue nation are crippling the iranian economy. And the president knows he has the upper hand. For more on the president s decisive action, which under correspondent, kevin corke. Good to be with you, david. The president said on twitter 150 people dying simply not proportionate to the downing of an unmanned surveillance drone. Which of course begs to question, was a satrap from the very outset by the iranians which is to say with a simply trying to spark an attack by the u. S. In order to build support inside their country for rapidly failing regime . Or were they simply you know, theyve had enough. If you like
Well, good morning, govern or good evening and welcome from wherever in the world you may be watching im Brian Sullivan here in philadelphia where the sun just about ready to rise and we are just outside of this Philadelphia Energy solutions refinery, which set off a massive explosion on friday and a fire that burned for more than 24 hours there were five minor injuries but the situation certainly could have been much, much worse and that is why we are here today. There are a number of reasons and explanations we need to dig into around this refinery and you see the explosion there and a lot of questions which still remain, exactly why did that explosion and fire happen. Investigators will be pouring in today. They were here over the weekend, at least three major federal agencies are indeed involved as well as the city of philadelphia what happens now the refinery theyre not giving us a lot of updates on exactly what the output currently is this is the 10th biggest refinery in the Unit