Speed on the market action. Futures are a bit firmer. 0. 3 . Market,tion in the fx the bullish dollar call. The euro is a touch solid softer. Yesterday, massive repricing. 220 on the 10 year. Alix time for your morning brief. We get weekly crude inventory for the u. S. Trading at a oneweek low. Watching that later. Speaking gothe fed a conference. 2 00, the beige book, survey of regional economies, what does it say about the reflationary theme . Jonathan do you read the beige book . David i do not. Alix i will skim it. Jonathan it is a reason it is beige. Prime jonathan Prime Minister may will take questions and later, over in the u. K. , as they will debate the call for a snap election. It was not meant to happen until 2020. Two thirds need to vote for the snap election that Prime Minister may would like. David . David Morgan Stanley was not the only Bank Reporting results. Blackrock posted better than estimator earnings. It is the cover story of markets magazine. The ceo, larry fink,
This is an emerging discussion, and it like every other combination moves right into the search for nominal gdp. This is directly linked to the world of janet, mario draghi, mark carney, and everyone else in the economics game. When in doubt, merge. Francine investors seem to like this because both stocks are up. Lets get the bloomberg first word with caroline hyde. Caroline thank you. Financial authorities have identified the third attacker from harris. They say is a man who left from syria in 2013. All attackers were killed. Two detonated suicide vest and a third was shot. The u. S. , congress is trying to increase security in the wake of the recent terror attacks. The house overwhelmingly voted to bar people from visiting from iraq and syria in a program that allows visa free entry. Iraqi forces have made a breakthrough in their fight to recapture a key capital of the Islamic State. They say they have regained control of the section of the city of ramadi. Iraqi forces are getting ai
Better performing housing sector . We well, it really feels like a santa claus rally is getting under way. Stocks are up for a third day. As we stand, lets take a look at the numbers. The dow is currently sitting at 17,559. It is not break even get for the year but it is up. The s p 500 is one point in the green for the year. Its crossed over that break even line so many times. Were rich, were rich, were rich. I never thought santa was going to come, and i still believe in santa. Oil soaring. New data showing a big drop in inventories. Crude up more than 4 , about 3. 9 for west texas. Highest levels in more than a week. Gasoline up 5 tracking for its biggest oneday gain since last november. Well, as for chipotle, those shares are edging higher this hour by 0. 2 , but the embattled mexican fast food chain has been taking drastic steps as the restaurants try to contain the e. Coli crisis. Morgan brennan has more details on this. What are they doing . On the heels of the outbreak that sic
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