Uncertainty with access to finance and some uncertainty over what the relationship will be with our trading partners. The chinese president steals the spotlight at the devils forum. Debatetsche bank ceo our at 730. This hour, were going his first interview of the day. A warm welcome to you here on our flagship morning show. To thes get straight World Economic forum. It is great to see you. Hope you are draft up and ready for the lineup. What do we have to come . This is the coldest one in memory. We will speak to the Asset Management ceo about what we heard from theresa may and where the Single Market puts a lot of of the bank and the Asset Managers. Have thelater, we Credit Suisse ceo and the back of opec cuts. Thank you very much. Francine will be back shortly. We have plenty to talk about. Where we areou with various Asset Classes and the lingering concerns about what we do or dont know about trump. You have movement in the cold there is a and burnish mint of credentials. 1200 and h
Focus, warning that the central bank has limited tolerance for rising prices. Cpi data due at 9 30 gmc. Francine and live from the World Economic forum in davos, switzerland the future of finance. John cryan joins our debate about the transformation of the industry, do any moment. And in european banking, we will be speaking to the Credit Suisse ceo. Dont miss that exclusive interview at 9 15 u. K. Time. Stealssident xi jingping the spotlight, with his first speech ever at the forum. Lets get back to the World Economic forum in davos, with bloombergs tom keene and his panel on the future of finance. Tom if you dont make it every 90 days, the world falls apart. We have a panelist to provides us with a terrific historical committedwho has been to acquiring for the United States of america different pieces of our heritage and history and possibly understands the 1930s like no one in the room, and certainly a political moment we are in worldwide. Finally, we have a panelist to full disclos
Attack by the president elect. Its tuesday, january 17, 2017. Worldwide exchange begins now. Good morning. Welcome to a very special edition of Worldwide Exchange. Im sara eisen. Im wilfred frost. Were coming live from the World Economic forum in davos, switzerland. This week its the annual gathering of the Global Political leaders, ceos, bankers and decisionmakers. As u. S. President elect trump prepares to take office friday. Among our guests this morning, we have the ceo of Society Generale here. And we have jacob frenkel. We will talk geopolitics with ken rogoff. Ian bremer joins us as well. So many big stories to talk about. A forum of international leaders, ceos and global elite. Starting in just about ten minutes time, president xi jinping, the leader of the biggest communist economy in the world will address a whole load of corporate leaders, likely to back up the argument for free trade. In three days time, the new leader of the biggest capitalist economy in the world will lik
We need to get a snapshot of todays action with julie hyman. Julie we havent had big pullbacks recently. There has not been that Much Movement either way in u. S. Averages. The fact that we are seeing a pullback that is good getting there are these concerns about growth. The strategist over at Goldman Sachs says today that the recovery we have seen in the United States in the stock market is likely to falter before gets a second wind. There arere was two big issues. A slowdown in the buyback activity. He thinks the other reason is going to be the drop in profits for the s p 500. Take a look at the bloomberg. We are seeing the s p 500 strategists are still pessimistic. The median forecast is 2150. And im going to send it back to you. Belowthe dollar falling ¥110 for the First Time Since october of 2014. That means the yen is at its strongest level in a year and a half. It just illustrates the risk off trade we have been seeing. Negative Interest Rate policy continues to give jim at jap
News. Uk had its best manufacturing numbers in three years but the Ukraine Tensions remain as well. Our road map begins with the markets right now futures edging higher as the nasdaq looks to bounce back from the worst threeday drop in over two years. Will i turn around . Citigroup agreeing to pay over a billion dollars to settle claims dating back to the financial crisis in 2008 but thats not the only tough news for the companys stock. Well explain in a moment . Another rough quarter for samsung, operating profit falling over 4 this year. Does the tech giant have some reason to smile . Its coming in a box this week. Well talk about that in a few minutes. First up, what will it take to end the stock markets losing streak. The nasdaq suffering another big drop closing at a two month low and down more than 6 from their recent highs hit a month ago. The dow and s p posting their worst threeday losing streaks since late january. Jim, yesterday on this show you said you would not be afraid