Green arrows across the board in europe the dax is up by 0. 3 . The cac adding 1 . The focus again today, because yesterday it was the fuel for that whipsaw action, treasury yields, 1. 727, much firmer than what we saw yesterday. We saw a low of 1. 595 we had record lows across the yield curve. Thats worth noting. A lot of strategists saying we could test 1. 35. Beijings central bank setting the official reference rate for theyuan to the weakes level in a decade. Eunice yoon has more on the midpoint number that traders are watching they do it now at 9 00 p. M have to watch all the time eunice its worth it its worth it to stay up that late the central bank set the midpoint fix weaker than 7, but it was actually stronger than what a lot of analysts were expecting. So because of that traders were taking that as yet another sign that the government here wants to pull the reins back on the chinese currency there was no official commentary today on the fix it was interesting to see what came
As nbc confirms a report that the president ordered Robert Mueller fired, but backed away when the white House Counsel threatened to quit. Im willem marx in london. Lvh shares beat expectations for the Fourth Quarter as Chinese Shoppers buy more handbags and champagne. And shares in swiss fragrance and fragrance manufacturer rise in net profit and a planned hike for its dividend welcome to street signs. We are awaiting President Trumps speech later today, but the president ahead of that speech telling cnbc that he would consider rejoining the Transpacific Partnership speaking to joe kernen in davos, he said he was here to negotiate. I like bilateral because if you have a problem you terminate. When youre in with many countries like with tpp, so you have 12 if we were in, you dont have that same you dont have that same option right somebody asked me the other day if i would do tpp. Heres my answer i would do tpp if we had a much better deal than we had. The deal was a horrible deal naft
Good morning. Welcome to worldwide exchange, im sara eisen. Im willfred frost. Lets check in on the Global Markets after another selloff on wall street. Energy bore the brunt of selling yesterday. Futures looking calmer this morning. S p 500 futures up 6. Nasdaq futures up 17. Here we go again, on again and off again risk aversion. The volatility is back and moves are getting bigger. Were not seeing a triple digit move in dow futures. We saw that yesterday and the day before and the day before that. Well see if this relative calm lasts. The futures market has not been a good indicator of the days trade ahead. Whether the futures have been green or red, weve led to some quite significant declines. Do keep that in mind as we get closer to the open. Yesterday big declines across the board. Tech was the relative outperformer, only down 0. 6 . Apple significantly gaining. It was the only stock to be up on the dow after some of the Telco Companies released early sales figures for the iphone.
We need people to step up. You see that happening in Corporate America. The tables are turning. I was going to say, willie, that they intended evil. They intended to pull this country back hundreds of years and actually if you just look at the headlines from yesterday, what they have done is something quite remarkable, these neonazis, these fascist, these White Supremacists have united the community in charlottesville and even united some raspberepus and ill just say one or two, marco rubio on the forefront. If every republican would show the courage that marco rubio is showing right now, i think the Republican Party might even be okay, but there are too many cowards there that are just saying we oppose neonazis. Guess what . In 2017 it gives you no credit. You have to be courageous enough to do i said marco but john mccain and others have shown the courage. Donald trumpthe coast guard the commandant of the marines coming out saying if the president wont say it, well say it ourselves.
The confidential settlement provided for a cash payment and promissory note to founder and former CEO Daniel Alarik. He is no longer involved with the company.