Of the allimportant decision tomorrow. This is the second to last that we will bore you with what the Federal Reserve will or wont do. Still staying a little bit higher today but we saw the dollar weakening ever so slightly after ticking higher up,erday to you had dollar just yesterday. You had dollar up and gold lower. We start to see the supply issues and concerns about inventories just waiting as they slightly slip. Lets look at what incomes are doing. A big move in u. S. Treasuries yesterday. We are now seeing just a slight reversal. It is just rallying slightly today. You see the money moving out since germany to the tune of nine basis points. Lets look at equities. We had some big market moves. Glencoe up 4 . A slight relief that they are managing to shore up their Balance Sheet to pay for the new equity. 1. 6 billion pounds of shares. Helps to protect their credit andng to a slight discount we see in rally today up to 132. 6. Morning,he calls this on the back of glencoe protecti
Car maker shift into overdrive. Is a bromance brewing in brussels . He received a warm welcome from the european president amist word he will try to convince him to try to increase the countrys bailout. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. And were just getting the euro zone composite pmi for january. This is 52. 7. It was forecast at 52. 3. This follows the numbers. The competition pmi was 52. 6. We had in the last 15 minutes or so data as well. Italy beat france beat and germany slightly below expectations. The euro dollar off session lows 1. 146. The overall euro zone private sector growing at the fastest pace in six months in january. Firms slashing their rate. January services pmi at 52. 1. The euro dollar trading at 1. 14. Interesting to see the reverse trade over the past couplel of months. Alexis is at the moment meeting with commissioner president. The Financial Times is reporting he will ask him for a technical extension of the
Augusta in the last pu minutes. Hell be here in studio. Futures are suggesting well have a positive open. Dow would open higher by 24 points. Nasdaq would open flat by 2. The corporate story of the morning, shells mega deal. Its the Biggest Energy tie up in more than a decade. Seema mody joins us from london with all the details. Seema. Hey becky. Good morning, its one of the industrys biggest deals in a decade. Shell paying 70 billion which represents a 50 premium to bgs Closing Price yesterday. Now the ceo of shell earlier this morning on cnbc europe explained why this deal makes since and how its not a bet on Lower Oil Prices. This is not a bet on the oil price. This deal works in a whole range of oil and gas prices. Of course we still believe in the longer run in a few years time we will see the longterm fundamentals will assert themselves. We see Higher Oil Prices than what we see at the moment and this deal will look not just very good. It will look fantastic. This deal gives u.
Road map begins with retail results. Costco sales, bed bath earnings dis appointappoint but walgreen off to a good start. Alcoa, the q1 results miss on the top line. Profit did beat. Shares lower in the premarket. Greece makes its payment to imf. European stocks at new intraday high. Christine lagarde first on cnbc later this morning. But first, davids got breaking news on intel. Thats right. We want to tell people about the talks that have been going on between intel and altera first reported march 27th, have ended. Yes in fact without a deal. Jim seems to be excited about that. I knew it was phony. I knew they were talk bug just another let me give you details. Just furiates a march 27th story, intel in advanced talks to by altera that got the stock price up and frankly intels as well what happen i can tell you now, intel made an offer, in the low 50s, which is significant premium to where altera was trading and a price that altera stock despite the move up on the wall street journal
Can takeoff amid concerns over safety. Million of people are witnessing the solar he clipgseclipse of the decade. Live pictures throughout the show. Welcome everyone. Hope youre having a great start to your day. Its friday. As we look back at the week it was the fed and janet yellen that became the big focus for the market but we still seem to be a little bit confused about whether that rate hike will come in june or october. Not only are we confused about when the rate hike will come but the size of the market moves weve seen off the back of confusion has been extraordinary. Wednesday afternoon huge moves for risk assets upwards and thursday big corrections in that direction. Thats a trend Going Forward as we potentially see rates normalize. The question is if we do continue to see this type of volatility how do you make money in this game . Do you stick to the sidelines and wait for the volatility to subside or do you try to stay active in this market . With the correction we saw on