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After shaking up his cabinet without consultation. 5 0000 and the emirates, in london. Just a day in hong kong. A strong day across the asian markets. We are seeing the benchmark gaining with some of the margin markets leading. Goal function the on bloomberg, you can see these gains in the equity market. The south korean won also leading. Although, there is caution on the won and a taiwan dollar as having depreciated to quickly. On friday, we saw a rally after the new york fed president s had there is no urgency to raise rates. We are seeing sovereign bond markets in asia also gaining ground. ...

Jim, what tung b about this. 12 month base case, s p 500 target. 2700. Its a bold call. The number that i quibble with is 12 months. I think thats more of a 24 month figure. For that to happen within 12 month, youve got to see a lot of clarity on trumps policies. Particularly tax reform. Unless the price of the index, but i think its a 24month target. Not a 12month. Steve, they say it has less to do with trump in term of the rally. Hes just turbo charged it. They say the cyclical upturn that began a year ago has less to do with trump and more to do with the Global Business cycle that bottomed ...

After glencore may dig deeper for more cash. And constitutional countdown. Italian equities slip as investors remain skittish with three days to go until the countrys referendum. They warned cnbc of the consequences if yes wins. Translator i do not know what the Prime Minister renzi is going to do. Were used to his promises, which are later denied. We are used to him doing one thing and doing anothers absolutely unreliable. Including with he is saying now in case of a no or yes victory. Good morning, everyone. Lets straight to Macro Economic data in the form of the eurozone november manufactur...

Good morning, guys. This postelection rally goes from strength to strength. The dow and s p are in record territory inching higher. Are we setting up for an all in, all go rally like the summer of 2016 . Our guests joining us now. A cnbc exclusive outlook for 17. John, waugh us throulk us throu think 17 is going to look like and specifically if all this enthusiasm about equities is transferring to a macro view. Certainly it does. Always good to start off a morning with a little eric clapton, but the market is a leading indicator. What the market and the yield curve are saying is were walking t...

2,094. We got to get to dominick chu. He has a market flash. Global retail now. Earlier in the past hour we told you the news about walmart taking a 5 stake in jd. Com. Theyre going to swapt businesses a little bit. Walmart giving over the china operations to jd. Com and getting a 5 share. They were up about 8 pat going into that trading halt. They are now up about 8 . So trading just a little bit below where they were when that news first came out. Just call to your attention what is happening. There again, michelle, all of this on that bit of news that walmart is turning over its walmart chi...