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7 billion flowdan to Crypto Assets last week we will discuss that with the delta plot we will discuss them in so much more throughout the hour. Lets get to markets, a hotter than expected cpi print that drove the narrative. In the equity space it was a negative reaction at first. We havent changed her mind about the idea that if a rate cut is coming from the Federal Reserve is not coming until june. We are now up by a percentage point and a lot of the legwork coming from the earnings story. Semiconductors higher. Even as you see rates creep i. The 10 year yield was creeping up and bitcoin is down 1. 36 . Just above 71,000 u. S. Dollars per token. Talking about this upside and equities is probably oracle that accounts for that. The story, 20 5 topline growth in this cloud business. If you look at the analyst known there is an ai detail went. Lets get right to the conversation ....
Of vladimiritic putin discusses russias influence in the u. S. And other countries. Washington journal is next. Returning to the Legal Framework that covered the president rom clintons announcement in 1996 to 2015 is not going to destroy the internet. It is not going to and the internet as we know it. High the fcc chair a jeep pai reversing regulations from the Obama Administration, known as Net Neutrality. Ahead on the washington journal, we will begin with your calls and comments, your reaction, and mean for you. All eyes on Congress Next week with the expected vote on that republican tax bill, but new concerns this morning from the hill. Com. Obstacles emerge as the gop races to the tax finish. We will be talking about all of these, but we want to get your ....
Our focus, Net Neutrality. Yesterdays fcc decision. We want to welcome randolph may, the president of the free state foundation, which is what . Free market think tank, freemarket think tank. Host and chris lewis, with a group of the foundation of Public Knowledge . We want to give you a sense of what is happening outside the fcc yesterday, as inside the commissioners were deciding the threeto ruling. [video clip] is it any wonder they want to shut it down, silence it, and stop it . Are we shocked . . Shocked . No. Are we going to let them get away with it . No. Post some of the demonstration outside of the fcc. Access isrnet overturned by the fcc. What you heard outside in this headline, randy may, is it accurate . Mr. May no. Really, what happened yesterday was going back to the type of fromnet regime that we had the beginning of the regulation of the internet until 2015. ....
Asia. A brandnew trading year gets underway in hong kong and china in just under 30 minutes. Singapore and taiwan just starting theirs. For a look at what its going on, here is david. David the regional benchmark is flat. If you take japan out of the equation, of course. A positive start to 2017. That being said, australia is at the highest level so far this year. Tos goes all the way back june of 2015. That market momentum seems to be filtering through into 2017. We are not looking at any sort of volume there. At this time of the trading day. 2031 is the level for the south korean benchmark. Japan is closed, but futures ares ill trading. Still trading. Singapore 120 points to the upside here,. 9 . As soon as japan is open, we will be getting a decent bench for that market as well. Three markets opening today, malaysia, taiwan, singapore. Somen have a look at how of these benchmarks are trading early on. The tie index had a very good 2016. A lot of that comes down to the apple effect, ....
They are the highs of the session but that is not saying much. Stocks are up about. 2 across the board. The gains we are seeing are relatively muted today. The nasdaq about. 3 and the volume is low. Look at the volume by sector, all of these are as you see at the top of your screen are down. Telecom and materials Trading Volume seeing substantial declines across the board. 20 dropeing about a versus the 20 day and 100 day averages. If you take a look at oil prices, that is something that is worth mentioning. Were some headlines coming out saying that even though iran was not ready to freeze production now, it would be at some stage. There was commentary iran wants to ramp up its production before they want to do any kind of freeze. They come down and volatility has coincided with an increase in oil prices and stocks for that matter. Bank of america and merrill measure of volatility in white has come down as crude has come down. Fe ....