Ahead of fridays g20 summit. At 10 00 we get factory and goods orders for the of may. This afternoon the fed will reap the fomc minutes of last weeks meeting. President trump will be heading to europe for the g20 summit. The question is of may. This afternoon the fed will reap the fomc whether they are going to spend the time talking about geopolitics or trade. Heres kevin cirilli. We thought it was going to be all about trade. It doesnt look so much right now. It looks like its going to be all about north korea. The administration sending clear singles they are hoping to put pressure on north korea. As a result of their testing of an Intercontinental Ballistic Missile on the fourth of july. We should note that secretary of state Rex Tillerson has echoed u. N. Ambassador nikki haley who has called for there to be a laterl you in meeting this afternoon with the Security Council. I want to pull up a statement from the secretary of state who said in a statement that Global Action is requi
The adp employment report in july ahead of the jobs numbers on friday and at 8 30, the treasury refund announcement. They are refunding the treasury. They are going to be trying to limiting the effect of the fed reducing its Balance Sheet. Also what 8 30 this morning eastern time, alix steel will interview Goldman Sachs Ceo Lloyd Blankfein. Lesters speaks at a business conference, and John Williams speaks in las vegas on Monetary Policy. Late yesterday we got news of Apple Earnings for its Third Quarter and the tech giant Beat Estimates on earnings per share, robust growth and strong projections on revenue for the rest of the year. Here to take us through the numbers is angelo zino. He has a 170 target of the price and is joining us from adam sitslittle as area, bloombergs tech reporter. Give us the numbers that are most important to you. Adam the biggest thing is now about looking forward. There have been some concerns about the next iphone that adam apple will be producing will have
At 8 30, well get u. S. Housing starts and Building Permits for the month of july. Then talks begin between the United States, canada and mexico, get underway in washington with the first round of negotiations beginning at 9 30 this morning. And later in the day, the fomc will release minutes from its july 20 to 26 policy meeting at 2 00 eastern time this afternoon. But in the meantime, the fallout continues from the remarkable News Conference President Trump had here in new york yesterday, where he once again appeared to change his view on who was really to blame for the riots in charlottesville. And this as part of an attempt to refocus on infrastructure. Joining us from washington, bloombergs Senior Executive editor for International Economics and government. So marty, welcome back. I think its fair to say this was an extraordinary News Conference. I really want to focus on the fact that this was all to really focus on infrastructure. That was why he was there, we thought why he cam
10 year. Lets get your earnings. Walmart coming out with earnings, secondquarter adjusted eps coming at 1. 08 above the estimate of 1. 07. Walmart seeing years adjusted 4. 40 to 4. 30. Nothing that stands out in terms of missing or beating estimates. In theown by about 1. 23 premarket. On the year, what a performance so far this year. Jonathan they have really come back david they have really come back. Jonathan up 17. 4 . David time now for the morning brief. We will be getting weekly u. S. Jobless claims and the Philadelphia Feds business outlook. Bill ackman will prevent his adp thesis, addressing questions from investors and analysts as he makes the case for improving the companys performance. We get u. S. Industrial production data for july and we hear from Robert Kaplan speaking time. As at 1 00 eastern all through the day, we are all going to be focused on washington and the aftermath of the collapse of the president s very is leadership councils. Kevin cirilli joins us with the
And began running over pedestrians. That happened hours after 14 people were killed when a van ran them down in barcelona. At least 100 people were injured. Three suspects have been arrested and one is still being sought. Isis claimed responsibility. A Top Senate Republican said the president has not demonstrated the character to serve job. Bob corker told reporters there must be radical change of the white house did he said the president hasnt shown the stability or competence needed to be successful. He is chairman of the Foreign Relations committee. The white house says gary cohn will stay put as director of economic council. He is upset after remarks on charlottesville. He is not quitting. The president said he is one of the top contenders to be the next fed chairman and fed chairman. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries, this is bloomberg. I am emma chandra. David thanks very much. The attacks in spain come agains