Global economy and what about the threat of cyber security. The morning, everybody. You are watching Market Makers. Do we need to tell you where we are . We are at the World Economic forum in davos switzerland. We have to talk for a moment about the ecb. Mario draghi is going big all in. The ecb president announced a 2. 3 trillion asset purchase plan, better known as qe. Bigger than expected. Investors have responded by selling off the euro. Hans nichols was at the News Conference in frankfurt, germany. You have to explain this to us. This is a massive number. We were saying what about 500 million billion . Im having a like the movie with dr. Evil. And austin powers. Here is what we know. Here is what mario draghi just said in frankfurt. Remarkable in so many levels. 60 billion euros a month through december of 2016. They get you up to 1. 1 trillion euros for all asset back securities. And crucially, it includes it sovereign debt. Here are the limits. 25 of each issue no more than 33 o
Failed to see january shadows. For the second day running, a major springlike move higher than the Dow Jones Industrial average. Meanwhile and contributing to stocks gains, oil prices extended their rally, up about 7 . More on that in a moment. But first, disney. The house of the mouse which has seen its shares soar more than 30 over the past year out with earnings late today and they were anything but mini. Company earned 1. 27 a share, 20 cents better than wall street expected. Revenue of 9 to more than 13 billion and as a result shares popped. After hours, and that was on top of a more than 2 gain in the regular session. Julia boorstin spoke with ceo bob iger and has one big takeaway on disneys results. Reporter the key takeaway from disneys earnings is that igers strategy is working. All the companys divisions showing growth. Great great quarter for the company across the board. Clearly, i think it is a great testament to focus on franchises and our great brands. Parks and resorts,
Failed to see january shadows. For the second day running, a major springlike move higher than the Dow Jones Industrial average. Meanwhile and contributing to stocks gains, oil prices extended their rally, up about 7 . More on that in a moment. But first, disney. The house of the mouse which has seen its shares soar more than 30 over the past year out with earnings late today and they were anything but mini. Company earned 1. 27 a share, 20 cents better than wall street expected. Revenue of 9 to more than 13 billion and as a result shares popped. After hours, and that was on top of a more than 2 gain in the regular session. Julia boorstin spoke with ceo bob iger and has one big takeaway on disneys results. Reporter the key takeaway from disneys earnings is that igers strategy is working. All the companys divisions showing growth. Great great quarter for the company across the board. Clearly, i think it is a great testament to focus on franchises and our great brands. Parks and resorts,
Failed to see january shadows. For the second day running, a major springlike move higher than the Dow Jones Industrial average. Meanwhile and contributing to stocks gains, oil prices extended their rally, up about 7 . More on that in a moment. But first, disney. The house of the mouse which has seen its shares soar more than 30 over the past year out with earnings late today and they were anything but mini. Company earned 1. 27 a share, 20 cents better than wall street expected. Revenue of 9 to more than 13 billion and as a result shares popped. After hours, and that was on top of a more than 2 gain in the regular session. Julia boorstin spoke with ceo bob iger and has one big takeaway on disneys results. Reporter the key takeaway from disneys earnings is that igers strategy is working. All the companys divisions showing growth. Great great quarter for the company across the board. Clearly, i think it is a great testament to focus on franchises and our great brands. Parks and resorts,
S p futures off by five. A coalition of middle eastern forces pounding targets for a second day. Oil prices surging after a first roun of military action but right now crude oil prices are falling back down. Down over 2 for wti. Goldman sachs saying the strikes would have little impact on oil supplies because yemen is a small producer of crude but theyre worried about instability in the region. Crude oil prices are backing down. You can see wti is down by just over a dollar. 50. 28. Theres also a straight there with Something Like 4 million its the fourth largest position where oil is being moved through that. Just in trying to understand who is allied and who is not allied its almost impossible at this point and the talks, whether were doing it just to try to diffuse the Nuclear Situation and were not interested in being an ally of iran for some reason were definitely it looks like at least the people over there i heard on the other news networks, it looks to some people theyre not su