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Empire comes in ahead of expectations and well get Industrial Production in just a few minutes. Our roadmap begins with a close eye on dow 18k and what to expect from doha. Citigroup sharers are trading in the green, this after the Company Reported a better than expected quarter despite a decline in profits. And senator sanders going after it again with jeff immelt in a very heated debate in brooklyn last night. First up stocks looking to extend their winning streak. The dow ending within 74 points of 18,000. Meantime Oil Prices Falling this morning ahead of the meeting of the Top Producers in doha. And the chinese economy grew 6. 7 in q1. Thats exactly in line. Theyre starting to deliver on the governments numbers. The fact that they couldnt deliver the ....
Marketsen futures in the red. Fallout from the Swiss Central Bank move continues with sharp moves in the oil market. Earnings from Goldman Sachs, intel. Goldmans down 2 in premarket. Favorable and selective treatment in luxembourg. Eu lays out its case. Stocks in the midst of a fivesession losing streak. Markets continuing to absorb the surprise move by the Swiss Central Bank. Oil prices on the rise after iea slashes growth forecast for nonopec oil supply by 350,000 barrel as day, adding signs are mounting the tide will turn when it comes to price recovery. Jim, seems like currency brokers will get the lions share of the attention early on. Yeah fxcm the outfit everyones talking about, david, when i was getting made up, have you looks at fxcm i steal your thunder. Yes. You move fast in 25 minutes. When you tell me ....
Forth. Look at oil, brent down and look at west texas, down. Major historic lows on a 2 slide in oil. Theres the euro dollar trade. The euro and the dollar inching ever closer though the year row is euro rowe is up. Sara iverson is in. Hi sara. Hi. The british, german and french markets all up nicely. Lets bring in bob pisani. Whats up . Normally we have that kneejerk reaction. Thats not happening today. Lets take a look at the s p 500. This is pretty strong rally that weve seen. It helps to have euro weaker euro strongering dollar weaker. This is one of the rare days. Thats helping here in the United States. We take a look at europe though. That kneejerk reaction. Youd think theyd sell off europe. Another high for germany. That didnt really happen. Obviously when you have q. E. Occurring that trumps everything. As for the stocks here in the United States, look at the dow mover ....
Good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. If europe, higher by 0. 8 . Coming off the 3 1 2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. We saw quite a rally in the u. S. On fridays close and that is feeding through to europe here this morning. Ftse 100 higher by 09 , xetra dax by more than 1 and ibex 35 more than half a percentage point. The bond markets, the question is whether or not well see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks continuing. Right now were seeing the yield on on the ten year bund just a little bit higher. Were seeing a bit of buying taking place in the spanish and italian debt market on the ten year and a little bit of selling on on the gilt. The currency markets just to give you a full update on where we are, we h ....
Peter, we finally get a break. How long are they off for . Not long enough. It is remarkable. Scarlet, this is very important. Lets go to our surveillance vacation expert, peter cook. For americans, this is all a joke. What is constructively accomplished on recess . They cannot do any harm in washington. They are not here they cannot do anything. The Midterm Elections get underway. These folks get to go home and campaign. Do they go all main campaign, go to the diner, cup of coffee, listen to the voters, or the something new worth they try to wear a a lot of money . They do all those things. You cant go back, not try and raise some money because you have to raise money. It is the professional job of congress these days. You have got to raise a lot of money. They are doing all of those things. The reality is they are leaving town without getting a whole lot accomplished. We just had the ryan budget passed in the house. The senate ....