Of the morning. We will have the latest from the egyptian capital. So were less than 30 minutes now until the European Equity market opens. How do we think its shaping up . Negative. This is the impact of the fed minutes, rippling through asia and the effect in europe. Looks like we will get a negative start. There are duties in the market today, down by a tenths of 1 , on the fairx lower value calculation. Why . Let me show you. This is the work function crest go and you get a whole lot of other asset classes. This is whats happening on the work function, and what it is showing you is what was only a tiny fraction a few days back is now at 32 . The june selloff could be july because we have brexit in the referendum in june, but we will watch carefully how it works its way through to the market. Lets get you caught up among me you need to know what the bloomberg first word news. Haslinda an egyptair plane headed to cairo with 66 people on board has disappeared from the radar. It was op
Tenyear eeled reacting to a ppi number that did run a bit hot, first rise in a few months and europe in the green at least for now. Our roadmap begins with a cnbc exclusive. With both apple and china mobile ceos, apple shares rising in early trade on the tech giants new deal with china mobile. Bank of america reporting betterthanexpected Fourth Quarter results. And as new ceo mary barr takes the helm, gm expecting pretax profits to rise modestly this year but margins remain flat until 2015 on the back of news that the automaker will pay its first Quarterly Dividend in almost six years. And elon musk taking on the government for the proper term for teslas fixes. First up, though, apple shares rising in the premarket on optimism surrounding the companys deal on china mobile. Tim cook saying it will help bolster sales in the Biggest Smartphone market and china mobiles chairman said the agreement will entail various cooperative ventures and will not be limited to iphones. Cnbc spoke exclus