i'm craig melvin. thank you for watching. [music playing] welcome to street signs. these are your headlines. >> order order. >> aye's 328 the noes to the left 301 not a good start boris. >> downing street defeated conservative rebels help boris johnson's opponent move closer

to blocking a no deal october brexit as he says he'll seek an early election. >> vote tomorrow to stop negotiations and to compel another pointless delay to brexit potentially for years and that would be the only way to resolve this >> european stocks jump with german car makers feeling the relief the ftse mib out performed while italian banks back a new coalition with the pd. >> and luxury stocks laeap alon side the hang seng and the executive sparked anti-government protest weeks

ago. well, a warm welcome to street signs we have a packed show. a lot to get to we had much better numbers out of france and the preliminary number also better in germany but italy has come out a little bit weaker so broadly speaking putting all of these together, it does paint a picture of at least from the pmi perspective, the data appears to have bottomed from where we were in july. it's early to say that.

>> it's interesting to see how the ecb reacts to the latest data now in terms of the ecb is the banking sector and we have our eye on a key meeting happening today there you can see the head of deutsche bank speaking he said that we have completely eliminated positions from cash trading and equities and starting to down scale corresponding systems and he also said looser ecb monetary policy may have serious side effects. in terms of the effect from further interest rate cuts by the ecb for the economy as a whole, the effect will be marginal in his view so we'll be keeping an eye on comments as the morning progresses not only on deutsche bank itself but the broader european banking system and

germany in particular. >> and it's going to be a big deal for the banking sector, what the ecb decide to do with the interest rate decision on september 12th whether they cut is a big topic of discussion. but first let's talk about markets and the price action over the last 24 hours wall street ended the day in the red. we had the dow close 285 points lower. 1.1% weaker on the session the first print since early 2016 so warning signs in u.s. manufacturing and one of the reasons why u.s. equities did end up in the red but overnight the mood shifted particularly in asian equities on a couple of reasons. number one, the parliament has actually agreed to push forward legislation that will stop a no deal brexit that's giving a lift to sentiment in broad markets and not just in the u.k. today

and as we just found out a couple of hours ago there's reports that local media in hong kong is suggesting that we have the hang seng index up about 4%. so lots of positive signals from asia which is one of the reasons the stoxx 600 is up today. let's talk about individual markets. the focus is on ftse 100 let's talk about that. yesterday on the crucial day for the parliamentary session we had some of the brexit sensitive sessions like home builders, banks, the airlines all trade a little bit heavy but on the news that the government was defeated with this motion, we are seeing some of the sectors see an uplift this morning. ftse 100 up .8%. i just mentioned that we had the final pmi numbers that came in better than expected but we're also seeing positive signs in autos today and this a very auto

heavy index so that's giving some boost as well we also have here for example that it's up about 6%. just very quickly. i want to point your attention to ftse mib up 1.6%. italian index doing well today after they gave a green light to move ahead so italian assets doing very well sectors all in the green up at the top, up 2% banks getting a lift up 1.8. 21 conservative rebels snatch control of parliamentary business in a late night vote. it paves the way for a crucial ballot today on legislation designed to stop a no deal brexit which the opposition is also expected to win boris johnson confirmed that he will seek an early election if the bill is successful

tomorrow's bill would hand control of the negotiations to the eu and that would mean more delay and more confusion and it will mean that the eu themselves would be able to decide how long to keep this country in the eu and since i refuse to go along with that plan we're going to have to make a choice mr. speaker. i don't want an election the public don't want an election but the public will have to choose who goes to sort this out and take this country forward. >> the 21 conservative rebels have been expelled from the parliamentary party. they lost the working majority

earlier in the day after he defected to the liberal democrats. here's the dramatic moment he crossed the floor of the house of commons during the prime minister's statement he wrote the party was infected with populism and english nationalism. we saw substantial swings in sterling initially dropping to a 3 year low versus the dollar yesterday but it's been gaining ground now and is up more strongly this morning about 0.5% so was this outcome last night a surprise well, in the sense that we knew a number of mps were prepared to vote against the government the answer is no. if you have been very closely watching the career of phillip lee over the last 14 months or so perhaps the answer to that would be no as well.

because he previously re-signed because of the way he saw it going to the liberal democrats in terms of the scale of that conservative rebellion, 21 of them some of them the most well-known and high profile members of the house of commons that is some what of a surprise even to boris johnson himself and now he faces this very significant challenge because not only has his negotiating tactic been torn away from him later this evening if they manage to block a no deal but he also loses control as to whether he can call an election on his own. this is going to be the challenge and it's been something really prioritized by the opposition parties, specifically labor this morning with their brexit spokesperson doing the media rounds here in westminster to the british media talking to them about how they want to make sure that the sequencing stays correct

here's how jeremy corbyn put it last night. >> if the prime minister has the confidence in his brexit party he should put it before the people in a public vote. so he wants to table a motion for a general election, fine, get the bill through first in order to prevent -- in order to take no deal off the table >> so we will be prepared to go have a general election if this bill passes through. after that parliament is suspended for five weeks that's one of the various challenges so they're hoping to

get it through later on the second reading and through the house of lords thursday and friday and back for final reading on monday. and that would block no deal brexit for the end of october. if you look at the polls there's a huge amount of uncertainty there's no clear majority for any one party. >> indeed. of course we all remember what happened in 2017, the last time a snap election was called thank you for your coverage. i want to bring in the chief global strategist. it's great to have you with us on such an exciting 24 hours let's start with the move in sterling we have rallied a full two points since the lows of yesterday. we're back up at 120-160 for

anyone trading the pound, this is trading on headlines rather than an investment decision, isn't it >> when you look at sterling against the dollar it almost solely reflects the u.k. story on brexit and that's moving around it turned around before the vote here and the pick up. and it's very volatile and it's bumping around very close to it and not making a low at nominal terms the lows we wereat in 2008, th lows we were at on that flash crash and we're not breaking through at the moment. >> it seems to me that if you look at the likely outcomes.

perhaps a snap election which would be disruptive as well or even a no deal brexit that's not completely taken out of the picture. so at most you'll probably end up around here with an extension but then the down side risk is more prevalent. >> if you take no deal off the table forever, we won't have a referendum we won't need. >> the market still has more priced in for bad news than good news i think that's still it so that negative sentiments and you're right in the sense that it changes with time. yesterday's u.k. pmi data and we have the service numbers coming out pretty soon that changes it. clearly always muddlen and chaos

is having an effect on the economy now. >> u.k. manufacture is to a 7 month low in august. the weaker pound is supposed to help would you expect this dynamic to change post-brexit >> not particularly quickly. in 1992 we got an incredibly rapid recovery in manufacturing after the pound fell when the u.k. left but you have to remember we had very high interest rates we had a housing crisis and we had very high unemployment so you cut interest rates and this time you don't get a kicker on trade and the one thing that you know that a no deal brexit would do well would be to ruin short-term trade prospects i don't think you get a recovery in those numbers the fear i have, globally manufacturing heading toward a

recession. it's how fast and how far is it going to spill over in the u.k. into thebigger part of the economy? we saw those construction pmi numbers that were awful as well yesterday. >> and in terms of the boe, has anything that we have seen in the last 24 hours or so changed how you think they're going to kick off their mess angeage whe heard from them next >> that message is if we get increased uncertainty from brexit but otherwise the inflation doesn't warrant it >> they'll end up cutting rates, that's clear. >> let's switch on to italy where members of italy's 5-star party voted in favor of forming a coalition government with the pd an online ballot showed 79% of voters approved the partnership. it paved the way for the prime minister to present the president with plans for a new administration speaking after the vote, 5-star leader said he was happy with the results.

i'm very proud of today's vote and someone decided not to allow us toachieve anymore. coming up on the show, we'll take a short break but hong kong equities pop on reports the city's leader is set to bow to protest demands and kill that controversial extradition bill do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand.

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good boy. hey. hey. you must be steven's phone. know who's on your network and control who shouldn't be with xfinity xfi. simple. easy. awesome. hong kong chief executive called an urgent meeting this afternoon at the city's

pro establishment camp that's after several media reports suggest she is set to formally withdrawal the bill the hang seng closed almost 4% higher on the news and we're also seeing luxury stocks in europe today and some of the french names also rebounding nicely in europe here and some of the stocks that are up around 3 to 4% today on exposure to home kong and the potential downgrade of the tensions that we have been seeing between the demonstrators and the officials there. that's the picture for some of the luxury makers in europe. let's get out to emily emily is joining us with more. emily, a formal withdrawal of the extradition bill is one of the requests of the pr pro democracy demonstrators. is it going to be enough to put an end to this crisis?

>> basically this withdrawal of the extradition bill is something that protestors have been demanding from the get-go there's five demands that they have made because she had only previously suspended the bill, even declared the bill dead but that is not enough to calm them to appease the protestors and that's why the protests have endured for more than 13 weeks in this business, more than three months what's happening now, chief executive of hong kong is meeting with pro-establishment allies it was set to have started at 4:00 p.m. local time so just at the top of the hour. delegates of the national people's congress and that's the china people's political conference, the cppcc. more than 100 people are expected to be gathered there as she is expected to be explaining her decision to formally with draw the extradition bill.

now what started out as peaceful protests in hong kong have gone into vandalism and violence and they were not having their demands met by the government. it was falling on deaf ears. now basically the first demand is to draw the bill. and the third is to grant amnesty to those that have been arrested more than 1,000 people have been arrested if a person is convicted of rioting in hong kong they face up to ten years in jail. the fifth demand is to restart the process. what that was was in 2014 the reform package handed down by the national people's congress standing committee hong kong people, the

legislative counselors did not approve it and because of what and what happened, later on dissended into the protest and get hong kong paralyzed. i'm sure that you remember that today. it was the fifth anniversary of that august 31st decision so that was what happened this past weeke weekend. this is the fourth conference since the protest began. they did touch on for the first time that process. and that will allow beijing to screen out candidates it does not deem trustworthy it's meant so hong kong people's could elect their chief executive and subsequently the

legislative counsel. so what's happening right now is hong kong's chief executive in government house meeting with pro-establishment allies delegates where she is expected to be telling them that she wants to formally with draw the extradition bill now this has hong kong very, very excited the hong kong market today closed up close to 1,000 points. 26,523 are big heavy weights trading up more than 3%. property stocks are also getting a big leg up up about 8 to 10% because the latest data has shown that sentiment has been hit in hong kong property sales shown by the land registry have had since the protest began in may p. retail sales also taking a hit down 11.5%. so of course, again, what we're waiting for is any announcement

by lam that she is going to be with drawing the bill. she is currently meeting with pro-establishment allies in government house. >> thank you for the latest. we'll keep a very close eye on developments there meanwhile in the monetary policy space, the split in views was layed bear in comments made by two prominent policy makers. james bullard called on the central banks by half a percentage point at this month's meeting. bullard said we are too high adding the fed needs to get ahead of market expectations for a rate cut meanwhile, he doesn't see the need for a cut saying as long as it remains healthy i'm not worried. >> let's talk about the ecb. in an interview with a french newspaper, trade tensions

created uncertainty about the source of the current slow down adding that the question of beginning asset purchases says this is still needed to be debated. the ecb is widely expected to cut it's debates and announce the restart of the asset program at next week's huge policy meeting. let's bring in the chief global strategist what is an ecb bazooka at this point? what does the market want to see? can you define it? >> the market wants to see a rate cut and more qe there's very clear indications that they're going to do more. that the market would like some sort of whatever it takes message from the ecb the problem is i don't own an bazooka. cut rates by 1%. i'm not sure that it will make much difference at this point in time europe needs fiscal easing that's it. monetary policy is almost done the difficulty for the ecb is we have ourselves to a position where disappointing expectations

is bad. >> quick question, is there a lot of down side risk priced in because of brexit as well? >> they certainly go down together euro dollar will fall on a no deal brexit. gets no help from the manufacturing -- from the manufacturing news, the u.k. economy imploding is in no way good news. >> we have to bear that in mind as well. we have to leave it there. the chief global fx strategist and also coming up on the show, the top man gets heckled for reclining across the benches in the house of commons more in a very dramatic day in parliament that's coming up next. we call it the mother standard of care. it's the idea that if our mothers were diagnosed with cancer, how would we want them to be treated? that's exactly how we care for you. with answers and actions.

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stocks jump as conservative rebels put the opposition one

step closer. five star party members back a new coalition. >> luxury stocks leap along side the hang seng on reports hong kong chief executive lam will formerly with draw the extradition bill that sparked protests 14 weeks ago. >> in an exclusive interview the prime minister oflebanon tells cnbc how he is trying to fix his country's struggling economy and says he fears tensions over iran could spark an all out conflict. how close are we to that >> i don't know. i don't think anybody wants it. >> is it a possibility >> it's a possibility. >> we have just gotten now the u.k., let me just break them

down to you. the august services pmi has fallen the 50.6 versus a suspected number of 51 so lower than expectations and this is lower than the july number 51.4. we were talking about the strength of the services pmi relative to manufacturing and construction and this does show that the services pmi numbers are leveling off still crucially but just a little bit at 50.6 u.k. services have been holding up the u.k. economy but we're beginning to see a moderation there. we have seen sub 120 to 121 right now. >> thank you very much let's get right to the pound versus the dollar currently trading back above the 120 mark

at 12140 that's half a percentage point today. initially we saw sterling sink to a three year low dropping below that 120 mark very early on but then it recovered some of the losses after boris johnson lost that working majority in parliament and then proceeded to gain throughout the day. but of course all eyes on westminster today and the euro meanwhile yesterday also hit a low versus the dollar. the lowest level since may 2017 and now today we're seeing a recovery there of about 0.15% and 1.099. equity markets here in europe and we're looking at green across the board for european markets and particularly the ftse mib up 1.5%

and very uncertain and the saga unraveling and yesterday a key development where we saw five star members. and markets like what they see in germany the dax up 1.2% and performing quite well right along side luxury in broader europe let's take a look at u.s. futures. yesterday we got the first real data point and it was weak it was the manufacturing ism which dropped into contractionary territory it looks like today we're going to see a bounce back in particular looking at the dow. more than a 200 point rally at the open. >> all right thanks of course brexit has been on everyone's minds french government ministers met with business leaders to discuss preparations for a cliff edge brexit

france's minister for european affairs said my only message is that there will be a future relationship and it's very important that we consider that brexit is not the end of history. a very important reminder. our french correspondent is back on the set >> so they were gathering representatives of countries and they're getting more and more concerned that they're not ready for the hard brexit. what they're saying is difficult to have the ceos of the small companies get ready for brexit and get ready for brexit and the threat hasn't materialized they really need to get ready so they have been showing them that that's part of what they have

been putting into place over the last six months. and also about 600 custom offices and be at the boarders and one of the french ministers to show how the port of calais was getting ready. so it's preparations because the french government is concerned about the impact of the hard brexet and it's also a little way to show the british government that come what may we are ready for a hard brexit. so it's also a hand to show we're ready. >> which brings us to the next question which is how likely is that hard brexit let's bring in richard it's great to have you with us as well. so a huge development in the last 24 hours and clearly the intention is there to stop a no deal brexit from occurring

is there a chance that the u.k. could end up in the no deal brexit situation >> yesterday was the day brexit finally broke the party. trying to push through a no deal brexit with this parliament was always going to be a tough task and i think the expulsion of 21 mps but this was a catastrophic day for the party but the only chance to rebuild is has an election change parliament. if boris johnson is successful in that we'll all have an election fairly soon a no deal brexit sbak back on t table. >> it's not his decision is it they have to get approval from the parliament and we heard from corbyn saying i'm not going to

allow this to happen until you completely rule out no deal brexit on the 31st so the ball is back in boris johnson's report you can go ahead and get shot down or wait. >> sequencing is an issue but one of the overarching points is no parliament can bind the hands of a future parliament parliament has this big majority is going to assert itself and pass this legislation. and those efforts are unlikely to be successful we have just seen the governing policy leaders majority that at normal times would lead us straight into an election.

we're not going to go into an election straight away but if and when that election happens if boris johnson wins that election and stacks parliament with pro no deal mps and wins a man date for that no deal brexit, he will try to renegotiate. i don't think there's any likelihood of that being successful so the future palment will essentially just counter whatever this parliament does in the next week or so. >> so doesn't necessarily rule out no deal brexit on october 31st i want to come back to your point about the party and implications for the future of the conservatives. what does this mean for this party going forward? >> well, i mean, you have seen the sort of purge of moderate stuff in this policy we're potentially going to see more extreme behavior and possibility that if the legislation goes through the government could try to deny

royal assent to the bill it hahn been used since 1708 these are very extreme measures. what we're seeing is a really molding of the conservative party. and on all sides of the u.k. ideological extremists and the party in the form of these u.s. skeptics with boris johnson leading that faction and labor in the form of the hard left. this extremism, all of them are having their moment in the sun at the same time it's difficult it's a difficult market for investors and the u.k. is still uninvestable right now. >> we heard from liam fox yesterday. he was citing a french

politician and the warning from him that you must leave after your referendum because extremism in france came after the referendum on the e uconn city tugs that was ignored what do you think about that argument and how it applies to the u.k. >> i agree with that in the sense that, you know, referendums that reduce an inherented complex issue but we're already there. we already have the rise of the brexit party and already have the extremist lurch and in some ways we're already there and i think the problem that we have issen election is not going to solve anything and a referendum may not resolve it either. so we have an election and boris

johnson wins it and we get the no deal, no one thinks that's tend of the story. that just restarts negotiations on what the future relationship will be. if jeremy corbyn wins that election then we have a referendum that takes six months to organize and then after that, does corbyn go over the left wing a very hard left wing agenda do we get an independence referendum in scotland. >> i was surprised how much sterling pound bounced in the last 24 hours. we'll leave it there thank you very much. political analyst from strategy research and our french correspondent as well that joins us back on set and we'll be discussing the french angle a lot over the next couple of months too i want to take you to live video. live footage christi christine lagarde is in brussel

ahead of the vote on her candidacy today. while the vote isn't binding it will be her first major public test and could provide clues on how she will run the central bank >> i suppose we'll be guessing the color. that's a nice change of pace let's get into corporate news this morning it's not just about the politics here in europe organic sales growth for the year will be at the lower end of its previous guidance of 3 to 4% the french defense electronics firm said clients in the commercial satellite space were keeping a, quote, wait and see attitude as they wait for new technological innovations. >> and delivery hero expects full year revenues to reach to the top of its guidance range of 1.3 to 1.4 billion your rows they posted a 98% surge in first

half revenue which it says will help it finally break even in the second half of this year. >> we're going to take a short break but coming up on street signs, lebanon's prime minister backs his government over hezbollah. our exclusive interview with i cinupftisomg aer the break. interesting clock. oh, there weren't enough hours in the day to maintain are old data center. so we made a twelve a fifteen. three extra hours. but that really doesn't add hours to the day. yeah it does, look. i'm not sure it works that way, but at cdw we get that time is precious. so we'd access your needs then design a nutanix enterprise cloud. to give you more time to grow your business. yeah that's better. hey we still on for lunch at 15 o'clock? you bet. for private cloud solutions you need nutanix and it orchestration by cdw.

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we have breaking news for you in the last few minutes, john has re-signed his replacement has been named as patrick healy the ceo re-signed amid the hong kong protests and on that note, cnbc sources have confirmed hong kong chief executive lam has called an urgent meeting and that's after several local media reports is set to formally with draw the extradition bill that sparked these demonstrations and hang seng closed almost 4% higher and here in europe we're seeing a rally across a luxury. you can see a 3 to 4% gains and

all reacting very positively to this potential announcement. lebanon can face another credit downgrade and test of its peg if a decline of the country's foreign exchange reserves accelerate. and this is coming at a very crucial time for the economy debt to gdp of 150%. double digit deficits. the economy is only growing at 1% how are they going to turn the economy around >> that's an excellent question and one that i put to the prime minister several different ways over an hour long interview last night. one of the things i did ask him, this six month grace period that you're getting from s&p to turn this all around so you don't have another ccc rating, how quickly can you move on this it's all about, as you very well know, about political stability.

political will the courage to push forward with these reforms and he told me, listen, i do expect protests in the street because this hair cut we're going to have to give the lebanese is going to be one that's going to be pretty tough to take but he said i do feel that at this point at least we do have the political will to move forward as you know, this is a story that doesn't exist in a vacuum we can't talk about crumbling infrastructure and lack of investment in the private sector and systemic corruption without talking about whether the geopolitics play into whether or not someone wants to invest in this country listen in to what he has to say about hezbollah and israel. >> hezbollah is a regional problem. israel wants to have, you know, this scenario lebanon is responsible, what netanyahu says and you want to buy it, go ahead and buy it but he knows and the international community knows this is not true

we do not agree with hezbollah on these actions i do not agree with hezbollah on these actions. >> but can you stop them >> at the same time, i am a pragmatic person and i know my limits and i know the limits if people were serious about this issue, they would have done things 10, 15, 20, 30 years ago. now maybe they start to do something. it's not my problem that hezbollah became this strong it's not my fault that hezbollah became this strong but to tell me that hezbollah is running the government, no, hezbollah is not running the government sorry. i am running the government. the president is running the government with me as president. they're a political party. they have their size in the government and they have their size in the parliament they do not run the country but what they control is maybe a flair or a war that might happen

for regional reasons that we have no say in it in lebanon and this is the big quarrel between us and them and this is where i tell you, i mean, my logic is what do i do as a prime minister do i set and fight hezbollah day and night on this issue or do i make all the reform that are needed for country, strengthen my institutions, strengthen my isf, my central bank, all of my security forces, make a government, a strong central government and then also at the same time, the president has decided to open a strategic dialogue for how to defend lebanon from any intrusion or wars and we sit on the table and discuss things this is an issue that will take time people will say oh, well, you know, dialogue will not lead to

anything maybe. in the beginning it will not lead to anything but i will assure you in the end it will lead to something. >> now i don't know what you guys took away from that but seems to me this is yet another mideast leader that's abdekating responsibility for the things happening in his country bit i did push him on the economy again and again. he said he's going to tackle corruption and put a lot of people in jail 60 to 70% less corruption in his country in the next two years or so s. also talking to me about infrastructure and about taking on the $11 billion in loans from the conference we saw a couple of months ago. he says the country is ready to step up and take that money and put that money to work a few bright spots in the conversation but when i asked him the big question which is who is to blame here if we're going to blame somebody, who is to blame? i said are the lebanese their own worst enemy? >> he said of course. >> thank for that extensive interview. let's get an update on where

things stand with hurricane dorian it's edging toward florida after pummeling the bahamas causing widespread destruction jay gray is in savannah georgia with more. give us the latest. >> hey, those pictures from the bahamas just overwhelming when you see the amount of devastation this storm just sitting there for almost two days and lashing the island nation so our thoughts are with them as this storm does now begin to move toward the u.s. coast and it's interesting to see what's happening with the storm. it's lost a little bit of its intensity but it's spreading out so that's going to bring conditions into areas that may have not originally been on this track of the storm florida is starting to feel some of that with heavy seas. they're seeing rain and coastal surge in some areas. what we expect is that the storm is going to continue to mirror the coast line and a lot of communities from florida really through virginia are going to

feel hurricane force winds, see that rain and coastal surge. beach erosion is going to be a problem in some of these communities. if it does make landfall at some point, the most likely scenario right now is late this week in outer banks of north carolina. so millions still watching this storm trying to determine exactly where and when it's going to go. >> thank you for bringing us the latest stay safe chl. >> i want to bring you live shots of christine lagarde we were just saying earlier that it's not a binding vote but we will be watching out for any particular flashes or comments that will give clues on what type of leadership lagarde will bring to the ecb so far, one line that i do want to bring you is that highly accommodated policy is for a

prolonged period this must be mindful of effects and we have that september 12th meeting as you were discussing, the market was anticipating it but it will be interesting to see what form it will take the incoming ecb president talking about the negative effects of unconventional policies. >> on the back of the comments that we heard earlier in the show from the deutsche bank ceo that's giving that speech, the looser ecb monetary policy may have serious side effects so something that the european banking sector, germany in particular is keeping a very close eye on. >> what's interesting is the capitalist coming out of the ecb is the data at the end of the day. we have seen euro react on the back of that people are talking about the fact that perhaps july may have

been at the bottom of european data but it all depends on the larger ones like a no deal brexit, like potential tariffs out of the u.s. as well. lots of challenges still ahead for the european economy and certainly a big one that she takes on that role in the next few months before we head out i want to take you to u.s. futures we have all three opening up in the green today so changing mood from yesterday, dow up 230 points, s&p up 25 and that's after a positive start to european equities as well today. that is it for our show. >> worldwide exchange is coming up next. fun fact: 1 in 4 of us millennials have debt we might die with. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right - by consolidating your credit card debt into one monthly payment.

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it is 5:00 a.m. here and 10:00 a.m. at the heart of london and here's your top 5 at 5:00 the city's government is looking to officially with draw that controversial extradition bill stocks are soaring we'll take you live to hong kong in a moment. meantime, the u.k. drama is heating up as they look to force a vote to block a no deal brexit we have the latest in the saga investors bracing for wednesday whiplash stock futures pointing to triple digit gains at the open after what was a terrible tuesday for equities the gun control debate n