Recouping that april route. This is thanks to fed optimism, as well as pretty Solid Earnings out of the u. S. As we saw overnight, u. S. Stock string of gains has stalled. Asia stocks, a struggle for direction and the clients are being led by japan where we are seeing strength is in the u. S. Dollar. Thats putting pressure on u. S. Currencies. Put the board. I wanted to show you some of the stocks we have been putting it keeping this is a repair firm in south korea, and it made its trading debut today and a splash. 45 gain at one point. This really helps to cement south koreas presented position as one of asias busiest venues for fundraising, especially after a slew of reforms to unlock shareholder value. The other stock we have been watching, nintendo, we got earnings in a week outlook slumping by the most since february. But in general, tech shares in asia have been under pressure today as their u. S. Counterparts struggle for gains overnight. Thats what the board because as we searc
They have now arrived on capitol hill we take you behind the doors right now apollo ryans office the speaker of the house this is a powwow that involves the four most important people marked short who is of course the white house director of the affairs. And then of course the minority leaders in nancy pelosi. At the house they will sit down with the president but with these two administrators to try and stave off the next government shutdown. January 19. Thats all we head between now and then. To come up with a budget that has been pushed back twice now. Moments ago and here is a video on the right. Long and short term that could impact your money and how business of the government is operating and how your business and your money will operate. First and foremost. This group needs to come to an agreement on a planet to keep the government open be on that date i just gave you. That is when the Government Funds run dry. Actually two times ago it actually ran dry. The continuing resoluti
Entering the United States. A financial crisis all star cast for pimco. They name their advisory board. Okay lets check in on european markets. Volatile session yesterday on wall street. We were down 200 points. One point for the Dow Jones Industrials managing decline just lower. Today were looking at losses across the board. Ftse 100 is down by a quarter and cac 40 suffering losses as well. Heres the lead, disappointing chinese export numbers which will go through in just a bit being lead by a lot of the big mining shares with the collapse that were looking at in prices and other commodities. Here you go, lost 1 and also lower by close to 2 and u. S. Futures are looking like this after a decline across the major benchmarks today. We are lower. The Dow Jones Industrial is called down by 33 points. S p 500 pricing in a small up session of maybe one point in the open and the nasdaq looks like were down some 11 points or so. Much of the decline in u. S. Markets yesterday was due to the de
Coalition has helped the average british consumer. We have seen disposable incomes increase so most families in the u. K. Are better off by an average 16 pounds a week and weve seen Consumer Confidence increase as well. He is to release his final as ceo. We speak to him about the numbers and who should win the u. K. Election in 15 minutes time. Bond yields continue to edge higher. European markets on the flat line in early trade following a broad sell off on wall street and in asia. And welcome to the show. So we have less than 24 hours until the polls open in the u. K. Its look too close to call this morning. It is looking too close to call. Theres an implicit feeling and ill say this on the record. The polls are wrong and actually the tourists are going to get in again and form some form of election. Maybe that was a majority for a coalition. I was wondering if that was come play senty over a benign outcome too. Lets face it. It may mean all kinds of referendum issues. An snp Labor C
Line, General Mills exceeding expectations. Prime minister netanyahu declaring victory in israels election. Tim cook explains why its okay that you dont flowknow yet why you need his watch as apple gets set to join the dow after the bell today. Investors bracing for the fed statement. See theyll drop the word patient. Janet yellen will hold a News Conference. Well have complete coverage of the fed decision beginning at 2 00 p. M. Eastern here on cnbc. Its being called the end of an era, end of the zerp era and end of an era that promises low rates for a given period of time. The word patience. The reason its important, if she does remove it it gives her flexibility to lay the groundwork for Interest Rate increase as if it werent a high stakes fed meeting, how about the letter from ray dalio, major Macro Hedge Fund strategist, talking about risks here. To be clear, we dont know nor does the fed know how much tightening will knock over the apple cart. What we do hope the fed knows, which