And im watching copper acteding better than expected up 1 . Now for a quick look at the week ahead. It is quite a week. Tomorrow earnings from bank of america and Goldman Sachs. Then Morgan Stanley. Then the inaugural meeting of the u. S. China economic dialogue will take place in washington. At 8 30 on wednesday we get u. S. Housing starts data. Economists forecast a jump for the first time in four months. Then thursday, followed by the president 45 minutes later. And the bank of japan will release its Monetary Policy decisions. At 8 30 eastern its weekly jobless claims. Then friday well have earnings rom General Electric and honey well. And then shell watch her episode of game of thrones. Overnight we have important and encouraging Economic News from china. Joining us now from hong kong, it looks like a beat pretty much across the board. Take us through it. Good morning. A big set of numbers for china, shows that theyre on tract to contribute one third of Global Growth this year. Its
Beating Goldman Sachs. Coming in atates 1. 5 billion. R. O. E. Over 9 . There with us to discuss is Alison Williams of Bloomberg Intelligence. Your take on the earnings . Too few things . Wealthover 9 and their margin coming in at 25 . We saw that strength at bank of america, we saw strength at wells fargo which was a precursor but those are key metrics. They focus on that r. O. E. And the margin is one of the goals they focus on to get there. Fixed debt in line, the banking fee is something we have seen. Alix what have we learned about Morgan Stanley on Goldman Sachs . Is it all about commodities . It is more execution. Alison it to be a little bit of both. Every quarter is going to be different in terms of where the strength of the overall business is and depending on where the strength in the industry is, that is going to impact who is doing better. And of it is just business product but goldman also says for a Second Quarter in a row they did not navigate markets well. That is what
Shortly. And here at the London Stadium it was a disappointing night for Great Britain at these World Athletics Championships. There was heartbreak for heptathlete Katarina Johnson thompson, who was one of those who missed out on a medal. And coming to a street near you, the growing number of bikes you can rent and then leave anywhere when youve finished. And carol has the weather. Today A Band Of Rain Crossing england and wales, not getting to the far south east until later and the far south east until later and the Highgate Sunshine and showers, the Highgate Sunshine and showers, the heaviest of which will be in scotland. More in 15 minutes. Good morning. First, our main story. New laws which will give people more control over what happens to their personal data online are to be introduced. The government is billing the changes as the right to be forgotten. People will be able to ask for personal data or material they posted when they were children to be deleted. The bill will also r
Claim aanother one. Guy you are welcome. It is daybreak. It is our flagship morning show from london. Regain there is breaking news, yesterday trillions across the month from equity and bond. Today, the guy has raised. Manus it raises its overall loss for 2016. But this great, global reflation trade, is it just as donald trump took the mark, or what is driving at . With fallinga prices and the question for markets is, we have had the Third Straight month of gains and advances in the ppi. You are looking at an 11th month high for the ppi. Export is it going to the relation to the rest of the world . Mining is up. It was nearly a percent last month. Could they be in hike mode . That is what some people are saying. We will transfer this. Stocks are trading and momentum is building. Take a look at the top of the screen. Up by more than. 5 . Another record. And call options on the s p 500 are hitting a record. 9000 contracts, that is what they have their hands on. This has only happened on
Into the market. And there he was. The man known as the god father says the market is setting the stage for a vigorous rally. Ralph acampora will explain why. Goldman sachs has been the big winner since the election. The banks ties to what is being described as one of the largest financial flaws in history could be a red flag for investors. We have details on the important story coming up. And a survey says economists are skeptical of president elect trumps growth plan. Billionaire carl icahn appeared on Halftime Report earlier today. Hope you saw that great interview. He is concerned that the money going into the market right now is coming from people who just dont study the market. There is a lack of stock for sale. Yet on the buy side from what i consider a lot of investors that really dont study the market. They are giving it to people, giving it to a buyer of etf. They tell you the goal is to buy through a black box. There is nobody deciding is this a good stock. Can you decide if