Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. We are coming to you once again from the World Economic forum in davos, switzerland, an annual gathering of political leaders, ceos, bankers and business decisionmakers. Our special guests this morning, david rubinstein, he will join us in just a minute. Later, tim adams from the institute of International Finance and bill browder will join us. All of this as well as investment ideas from jpsJoshua Friedman. Yesterday we saw slight gains for the nasdaq and s p. The dow had its fourth negative session in a row. Albeit slight declines. Right now, 27 points on the dow called lower. We did see a rebound yesterday in the dollar, but also in the yields. They pushed higher having hit a low of 2. 3 during tuesdays trade. Today the yield on the ten overnote is 2. 43 . Its been 67 sessions and we have not seen a down session. The top stories today, central banks, ecb holding its first policy meeting of the year
He supported Hillary Clinton during the president ial campaign. Im pleased to have him at the table. Its always good to be here. Charlie lets take immigration. What are the repercussions of what he wants to do and the way he and the administration have done it. Michael i think that is a good way to frame it. First, is the impact of what the administration has done here. They say they are trying to make america safer. I really believe what they have done is going to make us less safe. Let me walk through that. First of all, there was already significant, i would not say extreme, but significant vetting of individuals from these countries. Individuals from these countries who wanted to travel to the United States, had to go to a u. S. Embassy or consulate and apply for a visa. Their names were run through every possible database you can think of. There were multiple interviews with u. S. Consular officials before they were given the green light to come to the United States. There has bee
George osborne former chancellor. He would say because hes shaking up the political establishment and reaching out the people who supported him for the rest of the world, britain included, it make it a challenge because the United States is a bit more unpredictable and we dont exactly know what the view of the u. S. Is going to be towards nato or russia or syria or trade. And you know, thats going to be something that i think is going to concern the world until we hear more from this administration. Rose mike morell and George Osborne when we continue rose funding for charlie rose has been provided by the following and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. We begin this evening with continuing coverage of the Trump Administrations opening weeks. We tawg tonight about the executive order on immigration. The order restricting citizens from seven m
George osborne former chancellor. He would say because hes shaking up the political establishment and reaching out the people who supported him for the rest of the world, britain included, it make it a challenge because the United States is a bit more unpredictable and we dont exactly know what the view of the u. S. Is going to be towards nato or russia or syria or trade. And you know, thats going to be something that i think is going to concern the world until we hear more from this administration. Rose mike morell and George Osborne when we continue rose funding for charlie rose has been provided by the following and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. We begin this evening with continuing coverage of the Trump Administrations opening weeks. We tawg tonight about the executive order on immigration. The order restricting citizens from seven m
They suspect links to international terrorism. It is 8 00 a. M. Across the emirates. Im yousef gamal eldin and by in dubai. Lets have a look at markets. More momentum as we made our way across em and to china where we are getting a decent bit of cross market. Especially when you look at the smaller markets. I talked about vietnam. Indonesian stocks topping another record high. Yousef in this part of the world, were just under two hours away from the emirates market. Dubai and abu dhabi at 10 00 a. M. Local time, there was some Downside Pressure from the lawyer oil price and hitting it hard. Down 1 to industrials and materials. Space beingfected consumer discretionary, down 1. 2 . Interesting what is happening over in kuwait. We are seeing a lot of buying from local investors in particular. We are watching where oil prices are trending. Rent has not recovered inventory reports showed a continuous builds in the u. S. Supplies. Pressure. This is the interesting one because there is still