Details of its streaming service. The price and big names it picked up as one of the rivals is putting Binge Watching obsessed customers to the test. The idea that has hal hollywoodp in arms. It is wednesday, october 30th. Fbn a. M. Starts right now. Caught you in the morning with another one in my bed. Dont you care about me anymore. Dont you care about me. I dont think so. Six foot tall. Came without a warning. So i had to shoot him dead. Cheryl welcome to fbn a. M. Good morning, im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving. Another big day for earnings today, ge, mckesson out before the bell. Dow is down 22, s p down 2 and a quarter, nasdaq down 3 andahalf. After the bell it gets interesting. Weve got apple, facebook and starbucks coming out. Lauren reuters is reporting that phase one of the trade deal between the u. S. And china might not be ready for signing early next month. The shaping high composite shanghai com
Maria we have a big show this morning. Joining the conversation, Deirdre Bolton is here this morning, real clear politics cofounder and president tom bevin and pwc partner, mitch rochell. Thank you for being here. We have a market under pressure as a result of some i guess digestion over this trade deal. Take a look at the markets where were looking at a triple digit decline this morning for the dow industrials. Bloomburg is reporting that china wants more talks before signing phase one of the strayed deal. The u. S. Trade deal. The u. S. And china made progress on friday. China agreed to buy 40 to 50 billion worth of Agricultural Products while the u. S. Will suspend a planned tariff increase set to go into effect tomorrow. Beijing addressing currency and Financial Services concerns but setting aside issues like intellectual property and forced transfer of technology. Senior counsel to the president Kellyanne Conway spoke with me yesterday and heres how she saw it. That would be two a
Talk commons. Of protests in hong kong, targeting chinese owned businesses. Kathleen downbeat on the deficit. The latest trade data at this hour, suggesting exports we can further. Exports will weaken further. Ishie taking a look at what going on with markets this morning. A cautious start to the work to the week. Ecodata could put fundamentals more sharply in focus. Getting more trading updates from australia. From south korea, thirdquarter gdp due on thursday. Export numbers for the first 20 days of october. Trade data overdue for japan, taiwan and japan. And china. Lets look at forex markets. The yen set for a fourth day of gains. Offshore yuan holding a two day advance. The aussie dollar, falling as much as. 2 . Bill evans expects the rba will rate will decide the cash lower bound is 50 basis points. In sterling this morning, halting afford again. If the brexit deal can pass this no deal scenario being priced at this month. Scenario been priced in. Scn scenario has been priced in.
Highlights. The senators blasted Dennis Muilenburg time and again on a wide variety of issues some accused boeing and the ceo of not being straight with them, outright lying in terms of questioning about the 737 max. Others basically said to him, youre the ceo, how could you let this happen . Youre the ceo. The buck stops with you. Did you read this document and how did your team not put it in front of you, run in with their hair on fire saying we got a real problem here. Those pilots never had a chance these loved ones never had a chance they were in flying coffins. I was walled walk before getting on a 737 max i would walk zbra there is no way just a few of the comments from senators asking Dennis Muilenburg and also offering their opinions in terms of the 737 max more Dennis Muilenburgs time he said time and again, look safety is at the core of our mission. We are committed to making sure the max is safe when it returns to flight and that the Company Makes changes that are necessary
Developments. Reporter reporters are staged just outside the oval office now ready to go into the oval whenever the president invites them in for his discussion obviously a much anticipated moment at the white house. Do they have a deal . Do they not have a deal . Do they have something in between that might be an interim step along the way to a deal we dont know as we stand here right now. A lot of rumors swirling around washington and wall street but the chinese delegation is here, theyre in the oval office now. We expect to see the president at some point we just dont know exactly what theyre going to stay Stephen Mnuchin came to the Briefing Room a short time ago, i asked him for an update on the talks and whether or not its possible we get to the end of the day today without an announcement of any developments at all we declined to answer the question he said the talks so far have been productive and that time of the day they were going in to brief the president but no specific in