Good morning to you. Im wilfred frost alongside seem se we saw the nasdaq decline yesterday, 8 out of 11 sectors were out more than 1 , real estate and telcos were the outperformers, but all sectors down. The likes of alcoa disappointing. Will that be a sign for the rest of earnings season . And the pound weighing on sentiment. Futures are called higher, pretty much flat but slightly higher. That may be because the pound rebounded. The fear that brexit could derail markets is helping futures this morning. We are up 1. 16 . It comes after theresa may made a concession to Parliament Offering to let Lawmakers Debate her brexit plan. This is important to focus on. Markets have rallied significantly on this. This is not a vote shes promising. All this move in terms of the pound falling, a lot of it related to the fact shes focusing on a hard brexit, not a soft brexit. If the rally is based on this, i think thats a slight overreaction. Its not a real concession, its yeah, well discuss it. Sure thing. If thats what the rally is based today, i think its a slight overreaction, i think we found the bottom of the range either way. Some kind of bounce back was justified. Some kind of range or support level would be supported by investors given that we have seen massive depreciations down about 18 , since the uk referendum. On that note, lets look at european equities. Keeping an eye on the pound. Its a mixed day of trade. Germany, france and the ftse 100 which hit an alltime high yesterday, a lot of has having to do with the weaker pound is lower by 0. 4 . A bit of green in italy and spain. As for asia, risk sentiment slightly on the low side. Following that selloff on wall street. The nikkei down about 1 . Not helped bay stronger yen. Hang seng lower by 0. 6 . The Chinese Market ending lower. Theres a new concern around the chinese Central Banks management of the currency. The yuan has deprecated for about six days. It was guided lower again today for the sixty session in a row. Thats the longest streak since january. Its about a quarter percent decline from yesterdays mid point. It sits at the lowest level against the dollar since september of 2010, but reigniting fears of what happened in january of this year and august of 2015. Oil prices slipped about 1 yesterday. This morning, lets look at how theyre trading a bit higher. Were still above 50 bucks for wti, just shy of 51. Lets look at the dollar. It was noticeably stronger yesterday, particularly against the pound and also the likes of the euro. Thats one reason why equity markets in the u. S. Sold off significantly. This morning a bit of a Dollar Strength out there, but not so meaningful. Fractionally vong stronger agai the yen. The pound at 1. 227. The tenyear treasury note, thats why we have seen the pound the Dollar Strengthen in recent days. Its risen significantly since the june lows and risen over the past two, three weeks. 1. 776 yield there. In corporate news, we continue to watch Deutsche Bank. The firm carrying out an internal shakeup of its senior banking investment staff and returning to the bond market yesterday raising 1. 5 billion. Last week it raised 3 billion. It faces the highest borrowing costs among european peers. Investors are still waiting for a settlement between Deutsche Bank and the u. S. Justice department. The fed could play a role in todays trade. Minutes from last months fomc meeting will be reemployeleased afternoon. Kansas city fed president Esther George and bill dudley will speak today. Railroad operator csx reports after the close. Landon dowdy joins us with three things to watch in the csx report. The street is expecting earnings to be a bit of a bumpy ride in the third quarter. Heres three things to watch. The numbers. The street is looking for the eastern transport to post revenue of 2. 7 billion earnings, a 13 drop in eps year over year. Most analysts forecasting weakness over the entire sector. Second volume decline impacted nearly all markets, with coal declining more than 30 . And the firm said volume is likely to fall by high Single Digits in q3. Theyll want to see if coal volumes improved. And guidance. Enthusiasm for transports remains tepid given volume pressure. Barclays noting they do not believe 2017 is shaping up to be a robust growth year, but that could make some names in the sector cheap buys. Shares of csx up more than 12 in the past three months. In other corporate news, samsung slashing its forecast by a third. John sculley talking about samsungs problems on closing bell yesterday. Samsung is one of the best component designers in the world. My guess is its a production problem. They made a production error. The challenge is you cant quickly go back and fix those things. You have to go back and redesign if thats a problem. This is not a quick fix upon for samsung. This could take many months to correct. Yesterday samsung confirmed a total fauhalt to the galaxy n 7. The note 7 only makes up 18. 5 of the total model in terms of earnings. So the Share Price Movement compared to that is large, but this is a major brand damage moving forward. Does it damage all the sales. And we also are talking about suppliers, chipmakers, those that make the glass on the phone. Ill be curious to see if there are larger ramifications. Other stocks to watch today. Ericsson taking a hit after the firm issued a profit warning. This comes a week after the Telecom Equipment firm announced plans to slash about 20 of its Domestic Work force. Shares of Barracuda Networks rising. The i. T. Firm reporting earni t consensus. Shares of a suber Security Firm announcing preliminary results for q3. Revenue and eps well below the streets targets for fortinet. Delta announcing an executive shuffle. The executive chairman retiring. Frank bates will take the title of nonexecutive chairman. Shares up 0. 4 this morning. Toyota and suzuki motor announcing plans to explore a business partnership. They say theyll look to Work Together in areas including safety and information technology. Both off a bit in japanese trade along with the market. And sprint is seeking to raise 3. 5 billion and mortgaging off 10 of its wire l wirele wireless airwaves. Add another Music Streaming Service to the lyncist. Amazon is offering a pay Music Service today. Amazon already has prime music, but that only has about 2 million songs. The ecommerce giant says the new service has tens of millions of tunes. Will they be successful at this . Theyre coming late in the game. Apple has come late, but theyre doing well. Amazon prime has lots of subscribers, but its annoying if you have to change all your existing services on to a new platform. I think its much more difficult for them. Is that switching cost, but targeting members who already subscribe to amazon prime that will be key. Next story, lpl financials exploring a potential sale. They are the largest broker dealer and Investment Adviser in the u. S. They are said to be working with Goldman Sachs to look into strategic alternatives. Regulatory compliance that resulted in lower commissions. Coming up on Worldwide Exchange, Vladimir Putin is speaking at a major Investment Conference today. Well tell you what hes saying about everything from oil prices to the u. S. President ial race. A live report from moscow is next. Stay tuned. Youre watching Worldwide Exchange. Welcome back to Worldwide Exchange. Were looking at slight gains in the futures markets, but not significant compared to yesterdays declines. Yesterday all three indices were all more than a percent. The nasdaq off 1. 5 . Every s p sector in negative territory yesterday. 8 out of 11 of them off more than 1 . Significant declines yesterday. Partly because of a strong dollar, partly because some earnings like alcoas were weak and because of wild card factors like the pond fell significantly reigniting fears that brexit risks may have been overly forgotten. Lets look at oil prices. They have been a significant driver recently. They were soft yesterday by 1 . Another factor for the equity market weakness. We are bouncing back today. About a third of a percent. Yesterdays declines in oil prices, were still above 50, just shy of 51 for wti. It was Vladimir Putin who earlier this week said he would be supportive of a production cut. Brent to a 2016 high. The russian president will be addressing a Major Investment Forum in moscow today. Thats where we find Geoff Cutmore live. Its great to see you. Youve been busy from d. C. To london to moscow. What can we expect from the russian leader . Good morning to you. I expect well get clarification on that energy price story, not least because we are heading into russian budget season. We think that the president will release some information about how the government intends to make up its budget short fall. Give than were hearing about president putin in the american election, i wouldnt be surprised if he has the odd word or two to say about Hillary Clintons accusations that the russians have been involved in cyberspying, and also on the issue of war crimes. Hillary clinton again alleging that russia has been involved in indiscriminate bombing in aleppo and syria. I think well get a mix of Economic News and focus on the geopolitical stories when the president gives his keynote address in a couple hours time. Back to you. Jeff, lets jump on those accusations of war crimes in aleppo. Hillary clinton mentioned it. Though stateside most comments around mr. Putin are, as you say, relating to his potential relationship with donald trump. How serious are those accusations around aleppo . We saw Boris Johnson bring it up recently. And a meeting mr. Putin was to have with hpresident hollande o france has been canceled because of it. They are serious and there is a coordinated effort among western countries to show it. The russians are saying our planes are not involved, the Defense Ministry came out and said this was all russia phobia. I think theres a lack of clarity as there always tends to be around these events as far as working out exactly who did what, when, and why. But clearly this is not helping with rising tension more broadly in relations between moscow and washington and western powers that not only involves aleppo, but cyberspying and the apparent movement of Nuclear Missiles in russia towards natos borders. How ever you look at it, we see a ratcheting up of tensions here. I suspect we will get mr. Putins response at this event on some of the more recent comments weve had from paris, london, and washington. Back to you. Geoff, thank you very much for that. Geoff cutmore live in russia. Coming up, donald trump unleashing new attacks on members of had his own party. Details from the campaign trail next. As we head to break, heres todays National Forecast from reynolds wolf. Lets look at that forecast. We do have some ugly weather to deal with. Rivers are rising across the midatlantic. Looker falling from the skies across the midwest. 90s return to dallas. My apologies. Mean while, 60s up in seattle. Los angeles, 71. New york, lovely da plenty of sunshine, temperatures in the mid 60s. Atlanta, another banner day for us, 77 and sunshine. Miami, scattered showers may be poppi popping up. We have more Worldwide Exchange coming up after this. All the networks are great now. Were talking within a 1 difference in reliability of each other. And, sprint saves you 50 on most Current National carrier rates. Save money on your pho bill, invest it in your small business. Wouldnt you love more customers . I would definitely love some new customers. Sprint will help you add customers and cut your costs. Switch your business to sprint and save 50 on most current verizon, at t and tmobile rates. Dont let a 1 difference cost you twice as much. Whoooo for people with hearing loss, visit sprintrelay. Com. Welcome back. Lets get you up to speed on the market action. U. S. Futures calling for a higher open, around 15 points for the dow. Nasdaq indicating a higher open by 5 points. This follows what was a down beat session for wall street yesterday following a disappointing started to the q3 earnings season. Will this have larger r ramifications on the broader q3 earnings season. We have the u. S. Dollar gaining momentum yesterday sending stocks of multinationals lower. Keep an eye on the pound. It is strengthening here, up about 1. 2 against the u. S. Dollar. Still trading at or around a 30year low. In the commodity market, all eyes on oil. Vladimir putin speaking at an Investor Conference in moscow. He will signal further indications of his willingness to join opec leaders to cut production ahead of that meeting in vienna . Wti crude at 50. 98. Brent at 52. 75. Wilfred . Seema, thank you. Hillary clinton is heading out west today, donald trump is trying to regain momentum in florida. Tracie potts has the latest from washington. Good morning. Reporter in terms of these republicans defecting, Donald Trumps attitude seems to be let them go. Hes moving full speed ahead, especially in florida today, a battleground state he really needs to win. We have to investigate Hillary Clinton. Reporter this is donald trump as he puts it, shackles off. Trump tells bill oreilly, hes unfazed losing support from paul ryan. I dont want his support. I dont care about his support. I want to win for the people. Reporter to win, trump needs to win florida. Clinton leads florida by just a few points. Your vote really, really, really counts. A lot. You can consider me as an exhibit a of that. Clintons out west today after campaigning in florida with al gore, focusing on his signature issue, climate change. We cannot risk putting a climate denier in the white house at all. That is absolutely unacceptable. Leaked emails from the Clinton Campaign show an aide checked with the Justice Department about lawsus over her emails. Hillary clinton is one disclosure away from potentially have this race flipflop once again. Shes sending Top Democrats to swing states to talk about trumps lewd comments on women. I, too, believe in forgiveness and redemption, but that doesnt mean im going to elect the person president. Now, the white house is denying that the contact the Clinton Campaign has had with the Justice Department while they were investigating her emails, that there was anything wrong with it. Going to mr. Trump celebrating that he can take the shackles off his campaign, is that going to endear him to his own existing base of support but not so much the swing voters . Exactly. Its that middle ground that he really needs to catch up with, especially now that hes losing support with the party. Great stuff, tracie potts in washington. A new reuters poll gives Hillary Clinton an eight point lead over donald trump. The survey was taken after the tape scandal and sunday nights debate. As for who won the showdown, 53 of those polled say clinton. Which is a surprise to some. Clearly a tough weekend for him, but many thought he did better in the second debate. Over the first debate. Yeah. We have already moved on to sports. The cub s clinching a ticket to the National Championship series. The cubs trailed San Francisco 52 in the ninth inning, but they rallied with four runs against the giants bullpen to win a remarkable game. The other National League game, the dodgers beat the nationals 65 to force a deciding game five in their division series. The winner will play the chicago cubs for the National League pennant. A lot of action in the baseball game that didnt make sense. Baseball series . Keep going. Im good. Lets move on. Still to come, the top stories and a complete roundup of Global Market action. Amazon going head to head with spotify and apple music. Well tell you about the companys new streaming Service Launching today. Stay tuned. More baseball to come. I am benedict arnold, the infamous traitor. And i know a thing or two about trading. So i trade with e trade, where true traders trade on a trademarked trade platform that has all the. Get off the computer traitor i wont. cannon sound i wont. And its got the spring and bounce of a traditional mattress. You sink into it, but you can still move around. And now that i have a tempurflex, i can finally get a good nights sleep. Buy the most highly recommended bed in america for as low as 25 per month and a 90 night free trial. Good morning. Profit warnings, samsung slashing guidance amid its galaxy note crisis. And ericsson shares plunging after demand for mobile broadband is weak. A new day and new round of tests for stocks. The fed front and center ahead of the release of fomc minutes. And the top trending stories including covergirls first ever coverboy. All the news on that coming up. Its wednesday, october 12, 2016. Youre watching Worldwide Exchange on cnbc. Good morning. Warm welcome to Worldwide Exchange on cnbc. Im wilfred fro