Hour, ill speak with President Trump ex chees exclusively abou, huawei, the g 20 and Robert Mueller testifying. Thats all coming up, President Trump, live, 8 00 a. M. Eastern, join us. Markets this morning are higher, take a look at futures indicating a higher opening for the broader averages on renewed hope of a u. S. China trade deal. Dow futures right now up 114 points, the s p futures up 14, and the nasdaq futures higher by 58 points, three quarters of 1 . This after yesterdays selloff in stocks, the worst day for the month. Take a look at yesterdays damage, dow industrials down 180 points, twothirds of 1 . S p was down 27 points and the nasdaq was lower by 121, one andahalf percent. Losses accelerated throughout the day after comments from fed chair jay powell who said the fed will take a wait and see approach to lowering Interest Rates. In europe this morning, markets are higher, fq100 up 10 points, taking a cue if wall street, cac up 12 and dax higher by 74. Markets were mixed o
Geopolitics and what is happening in gaza and israel and what is happening in ukraine and russia and the economy as so much more. We will bring you all of that conversation ahead over the next three hours. Well be showing you pieces of that interview all morning long. Andrew, your biggest take away the biggest thing you think will be most important for the markets or investors watching with us . You know, we got into the conversation which we will show you in the 7 00 hour with the euro it is likely the ecb will move ahead of the fed and that will weaken the euro. There are a lot of take aways how he is thinking about politics and we talk about the issues with china and we mentioned tiktok i mentioned that in new caldonia, where there are riots taking place, they shutdown tiktok he had pointed words with how the United States is thinking about china as an enemy or frenemy. There will be pieces of this that folks will be watching. The euro is down 2. 5 on the year just on those concerns
Of momentum out there. Commodities also fallen, especially oil. Rishaad venezuelan politics as well. The dollar has been steady of late. Nifty futures, there you go. Having a look at these. Various things will be on the agenda for investors. We also have reports that india will be skipping the belts and road forum. You can see there is a move downward for the dollar against the rupee. The rupee at a record low when it closed off trading. Yvonne we have been talking about the big theme, which is the middle east, and whether moves when it comes to oil markets, how sustainable are they as we wait and see if the risk becomes more of a wider conflict. We heard from the fed chief of philadelphia repeating his call to the central bank to stop raising, that Small Businesses in the United States are struggling to cope. A lot of these Companies May not make it with the higher rates. It feeds back into my view that this is why we should hold rates steady. We should not be thinking about increases
Hello and welcome. The us general manager of tiktok has said the chinese owned video sharing app is here for the long run after President Donald Trump said he would ban it in the us. Vanessa pappas told tiktoks more than 80 million us users in a video statement that its staff were building the safest app possible amid us concerns about data protection. Jack kilbride reports. You have heard you out soaring of support and we want to say thank you and we are not planning on going anywhere. Fighting words from an application the us president is threatening to ban. Tiktok, for millions of young americans, is afun millions of young americans, is a fun video sharing apple of dances and memes but for donald trump, it is a National Security concern. We are looking at tiktok, we may be banning tiktok, we may be doing some other things or a couple of options but a lot of things are happening so we will see what happens. The issue for the president is that the application is owned by a chinese com
Well, i think where we can, were celebrating turn in all honesty. Yes, it might be that next month in phase wants to continue to come down. Whys that . Because Energy Prices have come down as the price come down at the same time, we still see that way you saw rising in the us. The labor market is strong, so i think were celebrating to early, even if its late. My continue for a couple of months to come down or is thats the view in the us. What about here in europe . Does this reading in the us . Does that tell us anything about what we can expect here in europe . Well, no, no, not really well. It shows us that when Global Global Energy Prices come down, we should also benefit from it in the euro. But dont forget, global Energy Prices are in boston, us dollars, and we have a very weak current you right now. So this should almost offset the drop in global Energy Prices. At the same time, we see with germany, for example, that governments have introduce relief packages. They put some cap o