There was a lot to worry about in that speech and then with us very much a focus on things business speak money not so much on the smaller person the everyday person. We begin the day at the World Economic forum in davos switzerland u. S. President trump told leaders gathered there america is open for business but that the u. S. Wont tolerate trade practices he sees as unfair one of his key messages to the business and political elite was that growth in the United States spells growth for economies around the globe ill get some analysis on what that could mean in a moment for people all around the world but first lets take a look at how the day unfolded in davos. The anticipation was palpable politicians and high flying executives waited in line for over an hour to get inside the hall where donald trump would deliver his speech the first u. S. President to do so since bill clinton two decades ago. And eventually has plenty of pomp trump arrived on stage. He didnt mince his words. As pr
Devaluation was confusing. Repeatingeading his claim to china South China Sea. Let us know what you think of our top stories. Follow me on twitter rishaadtv, include trendingbusiness. Shanghai, shenzhen, and hong kong reacting to that u. S. Jobs report. Here is juliet. What a disastrous number for that payrolls number. We are seeing weakness come through from a laser on the open. Singapore opening higher. From malaysia on the open. Singapore opening higher. Most of the weakness coming through from the nikkei 225 as the yen holding near onemonth highs. This is a story of dollar weakness. The likelihood of a june rate hike in response to that jobs number now only 4 , down from 30 . The likelihood of a july hike down from 50 to 27 . Down 1. 4 with the yen holding on to those highs. Australia, up by a third of 1 . Gains from gold players. That shows you how much there is in terms of risk off sentiment. Investors flocked to that safe haven gold price. Zealand closed today, also korea for a
Lets check in with Ramy Inocencio ramy . Ramy we are at session highs of 1. 5 or more across the board with the major indices. Ever since the brexit, markets to 2. 5 since 2 june 23, right before brexit actually happened. The dow is up 1. 5 . Nasdaq is up nearly 2 . Lets take a look at the intraday chart. The s p, we see we have been on the up and up for the whole entire day. Up for0, getting a leg the dia inventory. We have been higher. Will show you the imac function, the s ps 10 sectors and their health, and is good today. Green across the board. Even up 0. 2 . This is, an energyled rally. Commodities are jumping, financials in second position, up 2 , health care, industrials also following similarly. Lets talk about energy a little closer. I want to show you why it is moving. It is because of what is happening with nymex crude. It is up 10 off of session highs. You can see we crossed the 50 barrel market in the past 15 minutes, 30 minutes or so. This is on the back of eia inventory
President obama starts speaking and listening in on the q a as well. Kelly . Here in aspen, weve got highlights from my conversation this morning with black rocks larry fink, hedge fund giant, and hear what they had to say about britains vote to leave the eu. They all had very different points of view. And why singer thinks it could trigger a global depression. And yuri milner is coming up after the close, bill. And so much more. But lets start with this rally on wall street that continues. Bob pisani is smack in the middle of all of the action here on the floor of the stock exchange. Robert . Maybe its the end of the quarter bargain hunting, maybe its something bigger than that, i dont know, but i can tell you, the rally is continuing. Take a look here, folks. Nine to one declining to advancing stocks, thats better than it was yesterday. The volumes on the heavy side, too. Its not just that buyers dont care, buyers do care. Theyre buying stuff and the volatility is still dropping righ
On every security and global challenge, we are partners. And we are united by common values for democracy and pluralism and a commitment to human dignity. Over the past eight years, ive worked to strengthen our partnerships with our friends and in america. That begins with our strengthening of the partnership between canada and mexico. We boosted exports by about 50 . During my administration. About american 2. 8 million jobs and today as justin and enrique described, the ability process. We make it easier to do both this business together. So that our region is even more competitive. We are bringing more advanced technology to the border crossings which will reduce wait time for travelers and make it more affordable to trade. By the end of this year, we will have a single trusted Traveler Program for all three of our countries which will make it easier to travel while at the same time improving security. We will continue to line our standards and regulations which are important for Sm