Amazing bon jovi to kick off this monday morning. Welcome. Each dominic chu and im seema mody. First day of the second half of the year and it is a holiday shortened trading day on wall street with the New York Stock Exchange droe closing at 1 00 p. M. So lets get a check on the Global Markets well see green to start the day if things hold we have s p up by about 8, dow jones up by about 65 and nasdaq up by about 25 points. If those hold, we will have a green open to start. We have seen moves higher and the trend takes us to around 2. 32 . And for the ten year u. S. Government note, some signs perhaps of optimism or perhaps of more inflation ahead. We dont know. The rise in the yield certainly something were seeing around the world sentiment beat expect aboatione. And in china, pmi also topping expectations in the month of june touching its heist level ighest three months and you have the china bond program with hong kong taking off. You can see a positive session in asia, japan, the nikkei there seeing a gain ever around. 11 . Hang seng tlat on tflat but alse green. And lets take a look at europe. Early trade there, data in focus. Manufacturing pmi rising to its highest level since 2011, fwauling short of consensus. Were weighing taiting for the meeting to kick off where geopolitics certainly will be in focus. Dax around. 07 and so perhaps starting second half on a strong note. Strong gains for sure for those european markets as for the macro picture, you can see strength in oil prices right now. Wti crude 46. 15. Last trade there up by about a quarter of 1 . Ice brent crude almost flat. As for the dollar and occurrence city side occurrence are city c, 1. 13 for a euro, and the pound 1. 2965. Occurrencecity currency f things, 1. 13 for a euro, and the pound 1. 2965 gold prices, perhaps a sign of well call it flat for now, now about down half percent, 1235. 60 in early trade so again watching the macro pictures unfold. Oil prices a focus for a lot these days of course today is the first day of the second half of the year a good time to check where the major averages stand the dow is up 8 for the year. That year to date period, you can see there, the s p 500 also up around that same amount as well the nasdaq higher by 14 really pacing the advances there for technology the sector winners again tech the best performer, rising more than 16 of year to date and health care up 15 and consumer deposit kregsaiscrp 10 . Of year to date and health care up 15 and consumer discretionary, up 10 . F year to date. And health care up 15 and consumer discretionary, up 10 . year to date and health care up 15 and consumer discretionary, up 10 . Telecom is off 13 year to date, and real estate up by a little and weve seen some volatility in the secretarying tore, but for the month in june financials also saw a pretty sizable gain, a sign that perhaps is it the yield that banks are responding to or perhaps the anticipation of that or the stress tests of course there. Right msr had a big impact but lets talk politics. Steve bannon is reportedly pushing on a tax hike on the wealthiest americans to pay for steep middle and working class tax cuts a axios is reporting that bannon wants the tax bracket to have a four in front of it. Currently 39 p. 6 for americans who earn more than 418,000 annually President Trump tweeting about the state of the markets and the economy as well. The tweet reads, quote, stock market at alltime high, unemployment at lowest level in years, wages will start going up, and our base has never been stronger so again, President Trump are kind of weighing in, hes still tying himself to the idea that the record stock market levels are at least a swrinvindicationf what hes doing as president some of the stocks to watch today so far, you have on the other side of the atlantic, selling dairy business to stone anyfield for 875 million. The sale is part of an agreement reached with the doj in connection with danones recent acquisition. And also vivendi acquiring a majority stake in havas for about 3 billion the Company Plans to follow up with a tender offer for the shares it doesnt already get. Tesla model 3 will begin production this week after getting a regulatory okay. The companys elon musk expects production of 20,000 per month by december. And we have fair fax media scrapping talks with private equity suitors shares of fairfax down as much as 17 today federal investigators believer caterpillar failed to submit several export filings with the government wall street journal reports the findings are still preliminary, but could open a new avenue for u. S. Tax investigators and an update on the toshiba chip sale. The plan reportedly included an option for the company sk hynix to take a minority state, this is a contra decision to the public statements. The stock down about 3 . Dropbox is reportedly looking to hire underwriters for a possible ipo that could come later on this year if that does happen, it would be the biggest u. S. Tech company to go public since snap back in march. Dropbox was valued at nearly 10 billion in one of its fundraising rounds back in 2014. Reuters reports the company will start interviewing investment banks in the coming weeks. This could be a big deal, but again, a very competitive space for dropbox. Box is already public and you have a lot of cloud offerings from alphabet, microsoft as well amazon, everybody else out there. So competitive space a and good sign that the momentum will continue all right. Lets talk about spacex making news over the weekend. Last night they called off a satellite launch from the nasa Kennedy Space energy jucenter j seconds before of liftoff due to a technical issue. The next launch opportunity is tonight. And the companys reusing dragon supply ship will travel back from the International Space stays. The space craft has been gone for a month and will return with more than 4,000 pounds of cargo and Research Material for nasa turning to the wall street it agenda for the week, there is plenty of Economic Data even with the fourth of july holiday. Look for the ism manufacturing index, Construction Spending and monthly auto sales as well the markets will close remember 1 00 p. M. Eastern time on wednesday, well get factory orders and latest minutes from the last months fed meeting and the june adp report and the ism Services Index and its all of course topped off with that big report, the friday june jobs number, that will be a big deal a lot of people looking to see if there is any validation coming out from the Economic Data about whether or not the markets should remain at these record high levels still to come here, a live report from the court where the former ceo of barclays and three of its exexecutives face allegations that they conspired to commit fraud. Stay tuned hey dad, come meet the new guy. The new guy . What new guy . I hired some help. He really knows his wine. This is the new guy . Hello, my name is watson. You know wine, huh . I know that you should check vineyard block 12. Block 12 . My analysis of satellite imagery shows it would benefit from decreased irrigation. I was wondering about that. Easy boy. Nice doggy. What do you think . Not bad. What do you think . You myour joints. Thing for your heart. Or your digestion. So why wouldnt you take something for the most important part of you. Your brain. With an ingredient originally found in jellyfish, prevagen is now the number one selling brain Health Supplement in drug stores nationwide. Prevagen. The name to remember. Thats why at comcast were continuing to make4 7. Our services more reliable than ever. Like technology that can update itself. An advanced fibernetwork infrustructure. New, more Reliable Equipment for your home. And a new culture built around customer service. It all adds up to our most Reliable Network ever. One that keeps you connected to what matters most. Welcome back lets go over to london where exbarclays executives are facing allegations they conspired to commit fraud. Hi, gemma. Reporter yes and its also barclays itself. And this is gaining notoriety worldwide because this is the first time that a global bank and its Leadership Team has faced criminal charges with regards to actions taken during the financial crisis so what is at stake here there is three sets of allegations here and all five defendants, being of course the four former executives and barclays itself, are facing the first charge which is conspiracy to commit fraud by false representation in the june 2008 Capital Raise. And barclays plus former ceo john varley and Robert Jenkins facing two additional charges, one in relation to the Capital Raise and also one in relation to providing unlawful Financial Assistance in 2008, they raised money in june and october and between the two, qataris contributed around 6. 1 billion pounds and they also arranged two side deals in which they provided funding to the qataris and the question at the heart of the matter is did barclays provide the funds simply so qataris could reinvest back into barclays a quick followup here when we talk about these deals, are there any ive seen a lot of the reports happening are there any real details out or are we waiting for the charges to really be unsealed and put out in public before we know exactly what happened with regard to what the wrongdoing was . Well, we just lost gemma but again, those barclays executives in london facing Serious Fraud charges. Well have details coming up as the day progresses and another story were washing asia, hong kong and china launching the highly anticipated bond trading program, the setup gives Foreign Investors access to chinas 9 trillion bond market through hong kong trading houses its actually the worlds Third Largest bond market and comes after giving china the green light in general, so a good couple weeks for china and the market as a whole as they try to open up that you were manywhere. And the top two u. S. And japan. And anyway, a group of four arab states that have cut ties with qatar are giving the country until tomorrow to dom app comply with list of demands. The Group Accuses qatar of supporting terrorism qatar says their demandsinclusas that the demands are too severe. And they extended the deadline as part of the efforts to mediate the issue. And moving on, the uk is pulling out of an agreement allowing fishermen from five other countries to operate in its waters the government announcing yesterday it will trigger the two year process to leave the London Fisheries Convention which lets france, belgium, germany, ireland and the netherlands to fish off the uk coastline. Britain signed the agreement before it joined the eu and would be bound by its terms after the brexit unless it starts the process to leave the treaty now and japanese Prime Minister shinzo abe suffered a rare election defeat this past weekend clouding prospects for his political agenda abes liberal democraticing party lost its position as the Biggest Group in tokyos met metropolitan assembly. The tokyos residence first party and its Coalition Partner won 73 and the ldp won 23. The vote doesnt alter the ldps power nationally, but it does raise concerns for abe ahead of the elections for the lower house of par arealliment that must be held by the end of next year they are looking at it as a bellwether for the influence that Prime Minister abes administration has and of course a referendum on the policies overall a stunning defeat and its interesting to see the market response. At first we saw the yen strengthen on this concern that aibs ru abes ruling party saw the loss, but then the yen came back so definitely something to keep an eye on especially abe has really commanded his position for the last three or so years. And a little bit of strength right now for the dollar versus the yen. The china prz xi jinping is pointing to negative factors that have cropped up in the u. S. china relationship since he first met President Trump three months ago china state media is reporting the comments from a call xi had with trump earlier today, beijing has expressed displeasure with a u. S. Armed sale to taiwan u. S. Sanctions against chinese bank over its dealing with north korea. And the presence of a u. S. Destroyer near a disputed island in the South China SeaPresident Trump also spoke by phone with the japanese Prime Minister abe who pledged more cooperation over north korea perhaps a sign that the honeymoon might be coming to an end. Just so much back and forth positive headlines one day, negative the other hard to parse through well, still to come onwerer the trading week ahead and the g20 summit. But first, as we head to break, here is the National Weather report from bill karins. Good morning. As we go through the end of our holiday weekend, we are looking at thunderstorm rolling through arkansas and kansas. Slight risk of severe storms wichita to Oklahoma City again large hail, maybe damaging wind we could also see scattered strong storm through the ohio valley, pennsylvania and even areas near philadelphia and northern new jersey. So todays forecast, also going to watch thunderstorms in the southeast and areas of arkansas and through tennessee. As we look toward the fourth of july forecast, isolated strong storms in the middle of the country. Pretty warm everywhere no one will be washed out. These are hit and miss storms. Maybe North Carolina beaches not the best and wednesday when everyone is returning home, still the same locations with the best chance of storms. With the market right now, we see futures in the green. Dow up by about 63, s p up by about 8 points and nasdaq futures up by about 18 all about a third of a percent to the up side as for the currency side of things, we did mention some of the action in the euro Dollar Strength versus the euro, the euro following it will cost you 1. 2966 to buy a pound in the market right now. And of course oil picture, a big focus here, wti crude 46 and change were just about flat right now. Ice brent crude marginally lower by 23 basis points and rbob gas about half a cent to the down side the g20 summit set to take place on thursday but the focus over the weekend was on the president s twitter account. Tracie potts joining us with more reporter good morning. With the preps for the g20, health care talks continuing even during the congressional break, a phone call overnight with dhoois president , a lot of the talk here in washington is about the president having time amid all that to tweet this. A literal assault on the media an he had ilted individual use showing President Trump taking down a man bearing the cnn logo sent to millions from both his personal and official twitter accounts i look at and i shake my head people are now begging the president not to do this and he should stop doing i think no one would perceive that as a threat reporter cnn responds its a sad day when the president of the United States encourages violence against reporters the fake media is trying silence us but we will not let them reporter on sunday, impeachment rallies from los angeles to new york. He is a real true threat to our american democracy reporter the threat critics say is distramcting from real issues. Our focus has to the on the it Kitchen Table family reporter and mitch hk con he will increasing con he will is calling lawmakers during the break. Sometimes when you lump too many things into one piece of legislation, you doom its likelihood of success. Reporter President Trump is also calling lawmakers he can do more than one thing at a time. Reporter trying to give obamacare one final blow so on wednesday, the president heads to the g20 summit in germany where he is expected to have his first facetoface meeting with vladimir putin. And we will see what happens there. I was curious, do we know the reason behind trump calling president xi we know 1900 day plan is still in the works perhaps coming up around july 12th i know north korea has been the key agenda item. Reporter yeah, we know they talk about north korea and other regional issues. What prompted the call or whether it was sort of a regular thing on their agenda or whether they were trying to show that there is business as usual going on in the white house, we dont know okay. Clearly something that we will keep an eye on especially his twitter account at the same time tracie potts, thank you so much on now moving on to sports, the tennis world is all abuzz as the first round of wimbledon gets under way at 7 00 a. M. Eastern the top seed on the mens side, defending champ andy murray. On the womans side, Angelique Kerber security at the allengland lawn and tennis club is being stepped up over the next fortnight in light of the recent string of terrorist attacks in the uk. New measures include extensive bag checks, concrete barriers and bombsniffing dogs and youre a tennis fan andy murray will have to advance pretty far he has nadal, djokovic all hot on his heels for the number one ranking. So he has a lot of heavy lifting. One of the most beautiful tournaments. Im excited to watch and also in entertainment news, despicable me 3 is topping the box office the latest in the franchise is opening to a 75. 4 million start from just over 4500 locations. That is the wide he st domestic release ever transformers last night had a 17 million take and wonder woman continuing to dominate coming in third. Film on its way to 15. 6 million domestically during its fifth weekend overall. And th