Expected to move to trial, the phase one china trade deal expected to be signed at the white house this morning top trump economic adviser larry kudlow joins us first cnbc this hour. And financials are in focus, bank of america beats for the quarter, goldman hampered by litigation charges target shares are plunging. Holiday sales miss on estimates on weakness and toys and electronics. The u. S. china phase one trade deal said to be signed this morning this is what secretary mnuchin said about the agreement earlier this morning on squawk. We need to put together very significant laws to change rules and regulations and made strong commitments to our companies there will not be forced Technology Going forward thats a big win for our technology companies, businesses and American Workers we look forward to learning more in the wake of this signing. Jim, mnuchins appearance this morning brought us something new, the notion of phase 2a, phase 2b, phase 2c, so stories evolving rapidly i think
Irans generals. VowSupreme Leader retaliation. Equities dip read u. S. Futures hardest hit, pointing to big losses at the start of trading. Golden touch a fourmonth high as investors flee to safety. Just under an hour away from the trading insh equity europe. We dont have the big drops now we are starting to an european futures that we do in u. S. Futures. Ramping up bigger and bigger losses. Ftse, only half of the sarah down only 0. 5 down. That is like the u. S. If you take a look at s p and nasdaq futures, you are going to see substantial losses. Dow futures down almost 2. 5 0. 25 . Interesting the way we have not seen asian equity markets showing up. The overall level of flights to safety. Money going into old. Gold. Around disruptions commodities expected. We have not seen equity markets selling off wholesale. We have some inflation data out of turkey. Iskey is one market that underperforming. We will speak to colleagues about why it is the European Equity market in terms of the f
3. 5 . Were at 63. 35 on that contract. Lauren stocks in asia, more subdued trading, shanghai slightly lower, kospi slightly higher. Cheryl taking a look at europe, theres going to be reaction the to this overnight strike and the possible tension escalation between the u. S. And the iranians. The ftse is slightly higher but the cac in paris and dax in germany are lower. And welcome to fbn a. M. And good morning, everyone. Im cheryl casone. Lauren what a morning. Good morning to you at home. Im lauren simonetti. Lets get to it. Iranian officials vowing to fight back after President Trump authorizes a massive air strike killing irans most revered military leader. Cheryl we have the breaking developments from jordan. Trey, good morning. Reporter good morning. Overnight, the United States assassinated the most Senior Member of irans military. This man was responsible for overseeing irans proxies throughout the middle east in places like gaza, lebanon, iraq and syria. What we are getting ac
In the sessionus that we had in november that he was going to try to start the trial on the second charge in september 2020. I was very happy. I said finally, we will see the end of the tunnel. We are talking about 2020. December,me on 26 when we had the pretrial, and prosecutorraid the cannot afford to have two trials at the same time. Too much work. So what did they say . They say i cannot promise the second trial in september. I am not going to commit, but certainly not before 2021. Postpone, postpone, postpone. It is always the prosecutor who prevails. This is number one. Number two is i want to see my wife. My wife. Want to see maybe for a lot of people, it would have been a lot of punishment not to see their wife it would have been not a punishment not to see their wife, but for me it was. They knew i love carol, and she is a pillar for me. Had knew this because they all the correspondence. They had the email. They were not supposed to have the email. They were not supposed to ha
Welcome to new america. Thank you for coming out in the what the Weather Forecast has called a wintry mix. Thank you for cspan for covering this. And welcome to the cspan viewers. Im going to introduce our moderator, sharon burke who is the Senior Advisor to the International Security program. She runs the resource security program. Shes a Longtime Department of defense most recent position was assistant secretary of defense for energy and security. Ill go to sharon now. Thank you. Sharon thank you very much. Apparently, you realize its snowing. So we thank you for braving the weather for joining us together for a very important situation and a fastmoving situation for sure. I want to start by acknowledging something that we just did with peter. Peter, of course has a new book out that you should all read. And when we were here talking about his book just about two weeks ago, i asked peter, i said you know, youre writing about a president and a National Security team before the story i