. >> and i'm julianna tatelbaum. these are your headlines. >> china seeks to stem a slump in the proxy sector, but defies expectations and calls for more stimulus cutting the loan prime rate and leaving the five-year rate unchanged. >>> natural gas prices surge as un union leaders warn of strikes with platforms offline as soon as september 2nd. >>> german producer prices ease back in july for the first time in two and a half years thanks largely to cheaper energy costs. >>> u.s. treasury yields jump with the 30-year treasury going to a high and this leaves jackson hole to end the hiking cycle, but keep rates higher for longer. >>> good morning. it is a special monday because i'm joined by julianna tatelbaum. >> we're back together. it feels like ages. >> stop going on holidays. >> i know. same to you. so nice to be back together. >> good to being back. did you have a restful time? >> it sounds more restful than you. >> it was busy. >> we thought august was quiet. u.s. numbers better than expected. slightly hawkish fm

i'm julianna tatelbaum >> i'm arabile gumede.hese are your headlines >>> bp quarterly profit sinks 760% on the back of energy prices, but boosts dividends with a buyback the ceo explains the reasoning to cnbc. >> because of the confidence the board has and performance of the company, the outlook for the company and importantly, the reduced share count, we also announced we would increase our dividend by 10%. >>> hsbc first half net profit tops $18 billion more than doubling on the year before sending shares to the top of the stoxx 600 ceo noel quinn says they will gain from the performance. >> if all goes to plan this year, we should be above the pre-pandemic level we are paying a flat 10 cents. >>> investors in high spirits as diageo posts a beat in full sales and operating profit the ceo says double digit net sales in beguinness is a driver for the group. >> people love guinness right now. >>> and daimler helps offset pressure with the bullish guidance for the trucking sector we will hear from the ceo martin daum this hour >>>

i'm joumanna bercetche >> and i'm julianna tatelbaum.hese are your headlines this morning. >> profits plunge 40% for aramco the oil giant proposes a bumper dividend and says supplies will remain adequate ass saudi arabi continues the oil path. >>> and end of hiking after steep losses and u.s. futures point to an upbeat open as cooler numbers marks the fed has reached the end of the hiking cycle. >>> and siemens has a net quarter loss the ceo tells cnbc it will take years to work through the challenges >> keep in mind the charges are provisions for the future. we expect this over the next year to evolve and it will take us two-to-three years to work through this of >>> and berkshire jumps to $150 billion with warren buffett posting a 7% rise with chevron paying off for the oracle of omaha. >>> very warm welcome to "street signs" and special because it is the first time in over a month we're back together. >> we calculated it. five weeks we haven't done the show together. >> i missed you. i missed the show. >> it feels good >> with that, i

. >> and i'm julianna tatelbaum.hese are your headlines. >> tracking gains in asia and a bid to boost the sputtering market. >>> gina raimondo stresses the important relationship with china as she touches down in beijing for a series of touchy talks with business leaders. >>> fed chair jay powell delivers a hawkish speech at jackson hole saying he is not afraid to take action against inflation leaving the door open to further hikes. >>> another day in court for trump's lawyers as the special counsel looks to confirm a trial date in federal court next year on the charges that the former president tried to illegally overturn the 2020 election results. >>> happy bank holiday. if you are tuning in to the channel, there is a lot to go through in terms of market reaction. we had the jackson hole symposium last week. all eyes were on what the fed chair jay powell was going to say and while the take away was that he deparidn't really surpr in the speech, saying the fed is prepared to raise rates further if appropriate, but n

i'm joumanna bercetche >> and i'm julianna tatelbaum.hese are your headlines >>> shares plunge with italy's biggest banks post numbers. >>> and the biggest decline posting 14% in july damping the prospect of an economic rebound. >>> glencore hit by a pull back in commodities prices. easing inflation and policy support should help in the second half. >>> and softbank surprising with a loss despite son returning amid tech sector gains >>> let's get straight to it european banks in focus after the italian government decided to impose a surprising windfall tax on net interest income for the italian lenders. you see it is dragging down the sector unicredit is one of the best performing stocks not just in the ftse mib, but the stoxx 600. it was up 700%. unicredit down 5%. really, really sharp moves d downwards in the italian banks this was a surprise to the investment community and banks and i was speaking to the unicredit a coueo a couple week ago. the government has come out with the measure. i would say a lot of it is down to the fact that

we're going to send it over to julianna tatelbaum live in our newsroom julianna, good morning. >> frankgood morning despite what goldman sack and others have said, the direct financial impact of this downgrade should be limited, we are seeing sizeable selling across the globe let me take you to asia where equities moved lower in the overnight session and a pretty siza sizeable move. hang seng china holding up a little better but still dropping the nikkei 225, 3% lower it corresponds to a rally in the yen. let me take you to the dollar/yen trade you've got demand for the yen rising overnight as investors seem to be fleeing for quality the save haven yen typically a chance for investors when there's a risk-off you have every major region in the continent is trading lower and the uk fitcy 100, down. clearly you see here 1.5% lower for the most part for every major region in terms of the bond market, the reaction has been a little more mixed. the 10-year trading at 2.94% you mentioned treasuries, frank. we'll just stake you to the japanese bond, the 10-year jdp trading at 0.4%. in addition

i'm julianna tatelbaum >> and i'm arabile gumede.hese are your headlines >>> amazon shares pop nearly 9% in extended trade as cost cutting efforts help the giant on the on top and bottom line. that as apple shares sink lower. >>> equity markets in europe shrug off the u.s. credit rating downgrade as they look to close on the upbeat note and investors are looking to the fitch fallout. >>> and a second quarter earnings and buyback plan is dam dampening the rise in profits. the ceo speaks out about the performance. >> the past year is a 1.1 billion euro and you have to stretch low to find similar results. it is more than a decade ago >>> the non-farm payroll reports lose and the u.s. economy forecast adding 200,000 rin jul. >>> welcome to "street signs." apple has posted a mixed bag for the third quarter beating soft wall street expectations on revenue and earnings per share, but reported the third straight quarter of declining sales nearing the longest streak in 20 years. apple fell more than 2% in extended trade putting the $3 trillio

i'm julianna tatelbaum and these are your headlines.>> european stocks open firmly in the green catching the positive hand over from u.s. and asia. >>> and nn group tops the stoxx 600 after the net income of 600 million euro. the ceo speaks out about the rates. >> higher rates is good news. also also, we are strong with 201%. if we would have volatility in interest rates, our sensitivities to upward or downward are low. >>> u.s. commerce secretary gina raimondo proms ises to open dialogue with china and stressing there are no compromises on national security. >>> mark your diaries. the date is set for the washington trail. a day before the super tuesday primaries. >>> warm welcome to "street signs." happy tuesday. welcome back to work if you are joining us from the uk. here in europe, we are marching higher again this morning. the last week of trade for august has started out positively for a number of markets. wall street with a strong session yesterday. asia strong overnight. now europe is joining the pack again up 0.4%. in terms of t

i'm joumanna bercetche >> and i'm julianna tatelbaum.hese are your headlines >> nvidia blows past expe expectations as sales double and net income surges 800% sending shares sharply higher overnight. >>> the sentiment spills into europe with the chip makers leading gains and putting the stoxx 600 firmly in the green. >>> the brics group is set to expand for the first time since 2010 as it extends invitations to saudi arabia and uae. >>> and gop coming out swinging for the republican party's first debate as former president trump goes it alone. >> i say why am i doing it and i'm going to have eight people or ten people, whoever made the debate, all these people screaming at me and shouting questions at me. all of which i love answering, but it doesn't make sense to do it so i take that pass. >>> attention turns to jackson hole today as u.s. treasury pares back from the multi-year high as jay powell may strike a dovish tone. we are live on the ground to bring you a host of fed voices >>> good morning a lot to get through in terms of market

. >> and i'm julianna tatelbaum. these are your headlines. >>> there's a sharp rating downtrade, citing fiscal deterioration, throwing anger from the white house and sending u.s. futures into the red. >>> europe's stoxx 600 falls to a two-week low as markets take an infectious supply move while treasury projects lower for a flight to safety. >>> shares in semins as diagnostics takes a hit in the third quarter. the ceo says he's still confident despite some challenges. >> we saw some headwinds from foreign exchange over the year and we guide for this in the last quarter and because of this, we see very well underway to get to the lower end of the original guidance. >> four charges and six alleged co-con co-conspirators. former president donald trump is indicted for attempting to overturn the 2020 election and conspiracy to defraud the u.s. >>> well, good morning to you. here's the news we've been breaking across the morning. fitch stripping the united states of its aaa reading and down to aa it's over the standard of

i'm joumanna bercetche >> and i'm julianna tatelbaum.hese are your headlines. >> a bumper day in germany with the index increasing in early trade, but siemens misses the quarter forecast on falling consumer demand. >> this was impacting our business we had a strong order in stake the previous quarter this is the reason for the slowdown revenue still going. we will see how this develops. >>> the second quarter sees europe shine with the sector moving 2%. premiums will stay elevated to combat inflation. >> there is inflation pressure, but we have rate increases and those are we have the ben pefit from investmt income. >>> and we await the latest inflation print with the federal reserve possibly looking to the end of the hiking cycle. >>> and disney revealed a larger than expected subscriber loss. bob iger pledging to sharpen focus. >> we are prioritizing our brands and franchises and rationalizing the volume of content we make and what we spend and what markets we invest in >> good morning. welcome to "street signs." let's kick off with da

. >> and i'm julianna tatelbaum. these are your headlines. >>> european markets shrug off disappointing pmi data in france and germany. where business activity contrasts at the biggest pace in three years and european yields drop off sharply. >>> the 10-year treasury yield in the u.s. nears a 16-year high has investors bracing for a potentially hawkish message from jerome powell ahead of this week's jackson hole summit. >>> nvidia pulls back with options traders eyeing potential double-digit moves in either direct on the back of its highly anticipated earnings report due today. >>> and the republican party confirms its lineup for tonight's first primary debate with one notable absentee as donald trump says he will surrender to authorities in georgia on charges of trying to overturn the 2020 election. ♪ >>> well, good morning, everybody, and welcome to "street signs." we are just getting some key data for the month of august for the year. now we just got the flash pmi numbers. those came in much lower than where we we

. >>> let's see how things are shaping up overseas with julianna tatelbaum. >> great to see you, frank. as for trade, we have green across all major regions. the asian trading session is showing strong gains. hang seng is nearly 2% higher for the benchmark within the index with byd surging overnight. they reported more than 200% jump in first half profit. that company continues to go from strength to strength gaining market share in china. outside of hong kong, nikkei up .20%. in the shanghai, trading 1.2% higher as investors continue to watch the visit from the u.s. commerce secretary to beijing. as for europe trade, green across the board. ftse 100 is up 1.25%. uk was closed for the bank holiday yesterday. a catch-up trade in that index. outside of the uk, modest gains with the dax up .25%. ftse mib up .40%. the data points on thursday for european investors. flash inflation prints due which will be important in terms of where we go from here for ecb policy. frank. >> julianna, thank you very much. julianna tatelbaum live in the london newsroom. >>> time for the check of the corporat

i'm joumanna bercetche >> i'm julianna tatelbaum and these are your headlineses. >> asia looks to closehe week on an upbeat note with hopes that jay powell will keep higher rates at jackson hole. we will have the speech at 4:00 p.m. today >>> fed policymakers split if they reached the end of the hiking path. patrick harker takes a dovish stance >> i'm in the camp of let the restrictive sense play out for a while. that should bring inflatio down >>> stop the clock shares and watches in switzerland plunge after rolex acquires the company. >>> and donald trump surrenders in georgia fourth arrest in five months as he poses for the first ever mug shot of the first former u.s. president before posting bail. >>> happy friday warm welcome to "street signs. let's have fresh efo numbers the climate index number has come in at 85.7 for the month of august that is below 86.7 in terms of current conditions, the index has come in 89 in august the reading990 the more forward looking component here has come in at 82.6 in august against consensus of 83.8. the he can expectation index ist of all for the

. >> i'm julianna tatelbaum.hese are the headlines. >> ubisoft announces it will sell the non-european streaming rights to get the deal past regulators. >>> the countdown is on. a.r.m. is setting the stage for the nasdaq listing which would be the largest since alibaba. >>> and a global rally taking on the positivity from the markets in the u.s. >>> south africa welcomes leaders of the bric nations as they look to expand the leadership to the west and g7. >>> welcome to "street signs." let's get to the top story. microsoft and activision struck a deal to acquire the games maker after the regulator confirmed the blocking of the original proposal for the call of duty developer. it opened a fresh investigation of the restructured deal and it can be completed by the october deadline. there is a look at ubisoft shares up 6% on the news. here is where we stand right now. the listing of microsoft for frankfurt with little change. let's bring in arjun with the major news from microsoft. >> the uk regulator initially bloc

let's see how thickngs are lookg overseas with julianna tatelbaum. >> frank, good morning.across the board. in europe, it is green for every region and sector. following the wall street higher from friday and asia overnight. for european investors, the big data point to watch this week is the inflation prints which we will get for a number of countries. that will be key. we got flash pmi for august which was downbeat. investors now questioning how much more the ecb has in store with rate hikes and if the inflation picture eases this week, perhaps the ecb will be inclined to take it the foot off the gas. now on to asia, this is the big story. you have green across the board here. this as china halved the stock trades after a major share index fell to a nine-month low last week. this is the first cut since 2008. the finance ministry is cutting the levy on trades to invigorate the capital market and boost investor confidence. so far, it has boosted investor confidence. shanghai trading 1% higher. at one stage, it was 5.5% higher overnight. we hhave pared back the gains. frank,

i'm julianna tatelbaum. joumanna bercetche is in zurich this morning and these are your headlines. >>> the sentiment fails to spill over into europe as things simmer, coming in higher on the month and lifting bond yields. >>> u.n. secretary ramimondo sas china is uninvestable, but china bites back. >> the ceo of abb says he's pessimistic on china and the properties and construction sector, but in an exclusive interview he says he's hopeful for a turnaround. >> china continues to be pretty soft. it's a big market, though, so it's not dead. it's still living there, but not really developing as we had hoped. >>> and hurricane idalia picks up strength as it approaches the coast of florida, threatening to become a category 4 storm while oil producers batten down the hatches and prices become higher. >>> a very warm welcome to the program, everybody. let's kick off the show with some fresh data out of germany. inflation in germany's industrial heartland rose, coming in slightly higher than in july. regional data i

cnbc's julianna tatelbaum live from london, thank you.bie. >>> still ahead what he revealed about being booked and fingerprinted behind closed doors. our coverage continues next on "way too early." doors. our coverage continues next on "way too early." mlb partners with t-mobile to not only enhance the fan experience, but to advance how the game is played. aaa relies on t-mobile's network to stay connected nationwide, so they can help get their members back on the road. and we're helping pano ai innovate, to stop the spread of wildfires. now's the time to see what america's largest 5g network can do for your business. sometimes jonah wrestles with falling asleep... ...so he takes zzzquil. the world's #1 sleep aid brand for a better night sleep. ( sfx: ding, ding, ding.) so now, he wakes up feeling like himself. ( sfx: crowd cheering ) the reigning family room middle-weight champion. ( ♪♪ ) get the rest to be your best with zzzquil. it's non-habit forming and powered by the makers of nyquil. better days start with zzzquil nights. and try z

our julianna tatelbaum is live in the newsroom with much more on the early action. julianna. >> frank, good morning. let me start out with what we've seen in asia overnight. pausing for breath, i think you could see. the shanghai composite ended flat. keeping an eye on gina raman do's visit to china, a four-day visit concluding today, suggesting china is uninvestable for a number of american companies. in hong kong we had a massive drive by the chinese maker. the nikkei 225 went up by 0.33%. as for european trade it's been championshipy throughout the morning, but in the last half hour, 45 minutes or so, we have taken a turn for the worst. the xetra dak doax down. we've had regional inflation rates come through. four out of six key german states have seen an acceleration in inflation. the bangs meet in a couple of weeks. if the german pier has actually deteriorated rather than gotten better, perhaps a rate height is more than likely come september. we're going to get the national inflation rate for germany in just a few hours. look out for that. tomorrow we'll get th

let's check on the action in europe and asia with julianna tatelbaum in the london newsroom. good morning. >> frank, good morning. we have a lot of action this side of the pond. let's see what is going in asia overnig overnight. we have had chinese composite pulling back. the hang seng down 1.8%. overnight, as you mentioned in the headlines, pboc disappointed expectations. they announced a cut in the one-year rate, but kept the five-year rate steady. defying the expectation that investors would cut both rates. not as much stimulus support as expected or hoped. the underperformance in hong kong with the property sector. country garden is due to be removed from the market in september. that company has been struggling to make payments and driving concerns of the property market. japanese market is gaining 0.4%. in europe, we have a little bit more positive action taking place. green across the board. we have come off the highs, but we are still holding firm. ftse mib is out in front up 1.4%. you are seeing lagging gains in the uk market. ftse 100 is up .50%. basic resources up

let's see how europe is shaping up as the trading day gets under way with julianna tatelbaum in the london newsroom. >> frank, good morning europe is taking a cue from wall street let's start here with the gains across the board the standout is the hang seng rallying 2%. nikkei 225 in japan put on .90%. shanghai added 12 points as asian markets closed for the trading day, we got news from the brics nations meeting in south africa that they are inviting six additional countries to join their alliance this is big for china which has been a pioneer of the expansion of the alliance. that news came through over an hour ago in terms of european trade, green across the board following the wall street higher as well as the asian markets gained here spread evenly across the regions. there is one standout sector which is catching a strong bid the chipmakers in the technology basket the big names here taking their nod from the strong nvidia results after the close yesterday stateside. asmi up 3% you have asml trading up 1.4%. those nvidia results providing positive sentiment to the technology space f

. ♪♪ >>> time now for business and for that let's bring in cnbc's julianna tatelbaum who joins us livegreat to see you. investors are looking ahead to more earnings and key inflation data due out this morning, the last day of august if you can believe it. what can we expect later on? >> it's hard to believe, it sure is, john. well, u.s. futures point to a mixed open for wall street, this as investors turn their attention to weekly initial jobless claims data due out this afternoon. we're also going to get the pc inflation report for july which measures changes in the cost for living for households. we're also going to get earnings from lululemon and dollar general and all of this before tomorrow's nonpharm payroll reports. >> toy companies is not an industry we talk about a lot here, but they're struggling with profits per data, but there is one company building positive results wait for it brick by brick. julianna, who could that be? >> who could it be? well, if you guessed lego, you are correct. lego is a privately held danish company. i didn't know that until today. lego has done a

feel better now♪ >>> all right, it's time now for business and for that let's bring in cnbc julianna tatelbaumyman, wonderful to see you. >> we're reunited. who would have thought? so i've got to ask you -- >> it's great to be back together. >> i've got to ask really quickly so investors will be watching for earnings reports from some well-known names today. how's the market shaping up ahead of that? >> well, right now the markets looking pretty good. u.s. futures point to a positive start to trade on wall street. investor attention turning to nvidia, the major chip maker. one analyst called the ceo of there viddia the godfather of a.i. this has been a major reason for the a.i. boom we've seen take tech stocks this year. if the company reports after the market closes and gives strong guidance for the coming year and years to come, it could fuel another leg up in tech stocks. so that is absolutely the one to watch today. >> all of this comes after a slew of reports from major retailers yesterday. what have we learned so far about consumer spending? >> well, as for what we learned yesterday, the

. >>> time now for business, and for that let's bring in our friend, cnbc's julianna tatelbaum who joinslondon. great to see you. it'll be another busy day of earnings and economic data on wall street. what's the early read as to what's coming? >> john, it's great to see you. well, at the moment u.s. futures are pretty flat. investors bracing for some fresh jobs data today. we're going to get the report for the month of july, also the house price data. on the earnings front look out for best buy and hp earnings to come through. all three major indices traded higher in yesterday's session. >> so there was a glitch of some sort that led to widespread flight delays across the u.k. and of course rippled around the globe yesterday. what's the sense as to what went wrong there, julianna, and what was the impact? >> well, the scenes were just awful and the stories of passengers being stranded, massive major flight delays. we had disruption that grounded hundreds of aircrafts, thousands of passengers faced delays and cancellations. and the chaos came on one of the busiest travel days of the year