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July 16, 2024
Comprehensive deal beats a partial deal is where the president was going. Down necessarily mean a partial deal is in the offing but at corner of wall and broad they think one is. As i told you many, many times, trade talks, whether they look promising or not indicate the direction of stocks. Better for trade, better for stocks. Worst for trade, worst for stocks. The ministers gather in washington this week to hammer out some sort of an accord or at least a preview of one. Lets not get ahead of o...
July 16, 2024
The feds Robert Kaplan says hes not sure the u. S. Economy can avoid a severe downturn. Tim cook defends apples decision to remove an app that tracks hong kong police. He says it was being used maliciously. Shery lets get you started with a quick check of the markets. We see u. S. Futures gaining. 2 after President Trump said u. S. China trade talks were going very well. That optimism translated into the regular session and we saw the s p 500 game. 6 percent. As we finally had the first day of t...
July 16, 2024
Here this have a look around the living queuing up. To come inside a vote which is just started inside here people join the line when they get to the front. You have to come in here and then theyre checked against the electoral register now theres been some controversy over the electoral register not so much he removed that as a province just to the north Rights Groups and the opposition complain that its been inflated by 300000 people the words there collect their ballot paper for coming this w...
July 16, 2024
We are seeing a markets trading sideways. A lot of the focus is on potential risks and the potential headwinds that could hit the markets quite hard. A lot of it to do with geopolitics. Keep an eye on the u. S. China trade talks. You can see the stocks europe 600 gaining. A similar move for the s p 500 futures and the 10 year yield is at 1. 54. Coming up, we will be speaking to the shell chief executive. Dont miss that exclusive interview just after half past 10 this morning. Lets get straight t...
July 16, 2024
Point with them the investigators and asked him about this we have absolutely zero evidence that he was informed about it. Loud protests get underway in hong kong amid tight security as china celebrates the 70th anniversary of the founding of the republic of china. Boris johnson says they are prepared to present a plan for the eu a rise in operating profits to more than 5 billion euro by 2022 saying exclusively that the firm can handle the deadlines we have contribution of airfreight slowing dow...
July 16, 2024
I am Francine Lacqua in london. And little optimism seems to be fading away. We have the 600 opening unchanged. A lot of focus is on the economy. We had a little macro risk out there for now but they seem to be in check. We are getting euro area september manufacturing pmi, 45. 7 is a touch above estimates. We expected a 45. 6. It is below 50, but 0. 1 percentage point higher. The u. S. 10 year yield at 1. 72. Coming up, we speak to david herro on the fallout from the Credit Suisse scandal. That...
July 16, 2024
Joining the conversation Fox Business Network dagen mcdowell, daily caller editorinchief chris bedford, former republican candidate steve forbes, great to see you this morning. A lot to talk about, also on deck this morning former Senior Adviser for president george w. Bush, Fox News Contributor karl rove to preview democratic debate tonight. Also Peter Navarro is here this morning to talk u. S. China trade when we do have big news this morning on that and North Carolina attorney general josh to...
July 16, 2024
Would cut more than this. Alix but it looks like they actually cut more than expectations because it was 19. 75 , go into 16. 50 . It appears they did actually cut, so50 basis point it seems like it was a little deeper than even the most dovish expectations. 19. 75 , and was they cut it to 16. 5 percent. So it did exceed expectations. Alix but yet, you have the lira moving higher. I think that is never a good sign, when you have the currency moving higher when you have a 325 basis point cut. Int...
July 16, 2024
Of going up in smoke. And the latest from the markets, this is how they have opened up in europe. And well be getting the inside track on the big tech stories of the moment, including mindreading gadgets and a week to forget for Office Rental firm wework. Also Japan Airlines has introduced a child icon on its seat booking system is it a good idea . What do you reckon . What else would you want to be informed of before boarding a flight . Just use the hashtag bbcbizlive. Hello, and welcome to bus...
July 16, 2024
P power lunch starts rite now. Welcome to power lunch. Stocks taking a turn mid day after the trade headlines. The dow is down about 75 points here a quarter of a percent. The s p down a quarter of a percent. Nasdaq is being hit the hardest. Momentum is under pressure check out shares of roku gett tg slammed after one analyst says stocks should be cut in half its on track for its worst week ever lets have more on the trade developments weighing on the market now we have the very latest. When tra...