i'm willem marx. >> i'm julianna tatelbaum. >> mike pence says the u.s.l no longer yield to china but hopes for a sweeping deal. >> the era of economic surrender is over. for too long, one administration or another, republican and democrat, were willing to accept extraordinary disadvantages to american workers and american jobs in the name of trade with china. >>> billionaire investor tells cnbc the fed is, quote, screwing savers and says donald trump is wrong to attack the central bank >> the president is doing a lot of damage with all of this assault of the fed i wrote down yesterday when the fed cut rates, i said consumer confidence is up, retail sales are strong, employment is strong, consumer network is at record levels. economy is growing at trend. >> aing negative rates delivers a contentious issue and warns about ultraloose policy. >> it is a strange thing it doesn't fit in any textbook i ever read. >> treasuries trading negative is the most absurd thing treasury has ever done >> sterling hits a two-month high after juncker says a brexit deal is p

i'm joumanna bercetche >> and i'm julianna tatelbaum. >> the rates peek ahead of the fed's decision projecting an extra $75 million to markets >> the kingdom's oil supply will be back on line by the end of the month. >> where would you find a company in the whole world that went through this devastating attack and came out like a phoenix from the ashes none by saudi arabia >>> luxury at a tipping point. ubs down grades. >>> airbus brushes aside concerns to raise the forecast for the next 20 years. we'll speak to play maker's chief commercial officer at 12:45 cet. >> good morning and welcome to "street signs. big day today. all eyes are on the feds the market is anticipating a 25 basis point cut. it is about the language that will come out of the committee remember the term midcycle adjustment didn't go down well last time. we'll see how the language has developed. we'll be looking for potential decenters. watch out for that too also, i want to point your attention to activity that has been going on in the very short term of the interest

. >> i'm julianna tatelbaum and these your headlines. >> uk cabinet minister resigns and a legal challengeounts, but uk brexit secretary steve barkley tells me exclusively that the government is working on a brexit deal with the eu and denies accusations it is not making real efforts. >> it's been going on for three years. we've already had two extensions let's get this done, but it does require the commission not just to say in public that they'll be creative and flexible, it also requires them to private to get into those discussions with us so we get this deal over the line. >> european markets trade cautiously higher and asian equities rally after beijing cuts the triple r as export data shows the trade war with the u.s. is taking its toll. >>> oil prices rally after saudi arabia energy minister and puts in place royal for very first time i caught up with the u.s. deputy secretary of energy and he says the man has a tough road ahead. >> got a very tough road ahead of him, i must say u.s. production will continue to go up all throughout 2019 and certainly into 2020. our own ei, and info

about the pr z president's tariffs and the bond market >> welcome back to "street signs" i'm julianna tatelbaum and i'm joumanna bercetche. >> chaos in the house of commons after parliament is suspended and boris johnson loses a second attempt to hold an election. unconvinced about making progress on the irish backstop >> we continue to be highly skeptical whether those kind of ideas are capable of responding back to the unique needs of the irish border on the island of ireland. >> casting a shadow over the frankfurt motor show continuing to say tariffs continue to be bad for business. >> china is continually hit by the trade war. it is tough for us we would hope these threats would go away which we don't see. >> crude prices extend gains after saudi arabia minister backs cuts and aramco leader says the company is ready for a listing. >> as i mentioned, we are getting the uk employment data let me bring those numbers to you. the employment weekly earnings jumped 4% year and year through july this is the expectation. this is the biggest increase since july of 2008 up lone the biggest increase si

i'm joumanna bercetche >> and i'm julianna tatelbaum. ecb releases a big stimulus package to help deal with negative rates >> president trump says he would consider an interim trade agreement with china in another sign of thawing relations. >> and saying he sees a 75% chance of recession before the next presidential election >> opec plus relies on members to fall into line. telling cnbc exclusively that donald trump's tweets have no impact on his price impact >> we see the prices go up but then return. there for, these are not fundamental factors. fundamental factors do not lie in words but actions >> let's take a look at where things stand the day following the ecb meeting where mario draghi delivered the bazooka markets were waiting for we are seeing green across the board. in italy, the ftse up about half a percent. yesterday, as joumanna highlighted, we saw some major movement in the banks yesterday initially rallying on the news and plunging in the middle of that ecb press conference and now today bouncing back as they piece through

i'm joumanna bercetche >> and i'm julianna tatelbaum.se are your headlines >> bank stocks lead higher after cuts by a quarter point. it fails to give a clearer picture about future plans >> this is a time of difficult judgements and different perspectives i really do think that is nothing but healthy. so, i see a benefit of having those diverse perspectives >> not so negative in switzerland. relaxing deposits and bucking the easing trend >>> the fed draws fire from trump once again >> saudi arabia say drone and missile debris calls out iran and mike pompeo calls the strike an act of war. >> a warm welcome to "street signs. plenty of central bank action. the fed and the s&b already. just in, we heard that norges bank has raised interest rates the question is if they would hike rates for the third time this year. we are seeing a jump on the back of this decision to raise rates. this is the third time this year that they have the question is will they change but they have gone ahead >> given the fact that they have and bucking the trend, it

i'm joumanna bercetche >> and i'm julianna tatelbaum. these are your headlines retailers are reel can hermes faulters. >> kcasino shares jump carfor denies the speculation. >> china assigned the trade war may be cooling >> apple shares rise as they unveil the iphone 11 and put a cheaper price tag on its tv service. >> good morning. welcome to "street signs." let me take you straight to the bryce action in europe we had a mixed session for wall street yesterday s&p flat, nasdaq a little negative again, the theme was that in the move of bond yields. it's affecting a lot of sectors. overnight, we had positive news. china published a list of tariff exemptions including livestock, does not include pork, soy or corn the market reaction has been positive you can see a full sweep of green. ftse 100 and we are all eyes on the october summit now up .8 percentage points. cac also up around half a percentage point changes around luxury brands and casino doing well up more than 1% the italian index also up. let's talk about sectors the number one the

i'm joumanna bercetche >> and i'm julianna tatelbaum. these are your headlines >> brent crude eases in the wake of an attack on the saudi oil supply president trump points his finger at iran >> we have the best equipment and missiles you just bought the patriot system i don't want war with anybody but we are prepared. >> oil and gas continue to power higher outperforming broader european equities >> investors await the fed's latest interest rate decision as president trump ratchets up the pressure on powell following the recent oil shock >> uk supreme court prepares to hear claims that the parliament suspension is illegal. after a trip to luxemberg. >> good morning and welcome to "street signs. all the happenings around oil and saudi arabia crude prices have eased. brent posted its best day on record after an attack removed half of the kingdom's daily output president trump said it looked like iran was behind the strike. u.s. intelligences indicate the attack originated from iran. officials say iranian weapons were used in the attack. th

. >> and i'm julianna tatelbaum. it is decision day the trade tit for tat turns positive after president trump delays tariffs on some chinese goods and beijing delays levees on several u.s. products >> and inbev reportedly looks to raise around $5 billion. >> audi arabia's energy minister says every country should comply with oil output cuts we'll sit down with russian energy minister later this morning. >>> today is the day we've all been waiting for it is ecb day. expectations are very, very high centering around an interest rate cut to the tune of about 10 basis points few are calling for more alongside tiering and restart of asset purchases. as well as enhanced toward guidance all of that is seen as the ecb bazooka. you've got ftse 100 up about a quarter of a percentage point. the italian index leading the charge this morning. the hand overfrom wall street is very positive. indices there is up a record high the s&p is at about 3,000. overnight asian equities responding well. positive sentiment this morning. how a

julianna tatelbaum is out of london. a lot of chaos out of london.us through if there's a chance that there will be an extension to reaching a deal between the eu and the uk. >> well, that is the question of the day. and before i get into what we're looking at today let me just remind you that boris johnson, the prime minister of the uk has said time and time again he is prepared to leave the european union on october 31st. the current brexit deadline whether they have a deal or not. opposition leaders within the uk parliament don't want to leave without a deal. so today, ministers of parliament are meeting to try to pass a bill that would effectively force an extension of that october 31st deadline to prevent the uk from crashing out of the e u without a deal. now, some of the conservative members, members of boris johnson's own party agree with the opposition labor party so they're considering backing the bill as well. in response to the developments, government officials have warned that boris johnson the prime minister would push for an election