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Q were relatively flat up slightly, up about 2. 5 points in europe we saw the active trading taking place all of this ahead of the fed meeting starting today the cac is the biggest gainer of the three major averages its up by q . You see gains of a half percent across the board and then if you want to seee1 whats happening in the treasur market here in the United States o0. 042 theres no way bad news is good Morgan Stanley is soenearish yesterday was the mostx boring day i watched ine the markets seeing the bug here and there at thee1 gym or whatever. I would look up. I have to check. E 46 i have to check. Up 46. Is it dog days yet it may be market breaking news. Facebook officially unveiling its cryptocurrency currency plans. Julia boorstin has more on that. Facebook announcing its new Digital Currency called li ....
It, where people arent going to say joe who . If you feel you can do it, you should do two. It gets you to the point where you need to be you will you are revealing i can give you a hint the average real heat feel was 115. And you werent out west . No. Thats a dry heat. This is a humid is that hot a place called the golden isle you have to google it. What state . Georgia heat index 115 . Yes you can fly into jacksonville. Why people go there in august . I dont know i havdont have an answer you have time coming up . It may be a good time of year to go to georgia quite the price to pay to get a couple months off. You have some experience dow is up 53 points right now. Continuing the snap of green after what had been more diff difficult. Maybe it is joe being back s p up ten points and nasdaq by 46 stocks sliding in asia lets mention treasuries this is what is interesting. Green in equities. Look what is happening with 10 and 30 the 30 at 4. 26 there are people who are concerned about the ....
Lets see what happened overnight in asia. The flnikkeiclosed down. Hang seng down by 5 points the shanghai composite up by a third of a percentage point. In europe in some early trading, looks like the dax is up by a third of a percentage point. The cac is up bay half py a half percentage point finally check out crude Oil Prices Crude Oil yesterday down by 1. 4 on some questions about u. S. Supply and also doubts about whether russia is going to be cutting output whether it will stick with that. This morning down 1 couple big stories were watching japans softbank offering to purchase shares of uber at a valuation of only 28 billio 4 . Thats a huge drop of the most recent valuation of 68 billion. Ubers board approved the investment in october. It would expand the board and cut the influence of founder travis kalanick. Big question about whether people will tend near this offer. The consortium is led by softbank, and they plan ....
Good buy into early end and maybe beyond. But lets start with todays rally. Joining our exchange today is jim kahn, sarge gilfoy, and Rick Santelli at the cme. Rick, im going to start with you if i may ahead of the fed meeting tomorrow weve got a bit of a stealth rally in the pound the pound. The dollar over the last week or so including a little bit today how many rate hikes over the next 13 months are priced in you know, i dont know that much of the dollar activity that were seeing today is necessarily predicated on what investors think about 2018 whether its two, three, some are saying four. I really think its more of a function of the u. S. Market kind of bucking the trends of europe, the spreads of our treasuries especially the long end is distancing itself from the yields of the long end of europe and as that occurs, if you were to put that on a chart, the differential at 210 basis points seems to be one of the factors that c ....