Stimulus plan to really help countries in the eu. You do wind up having larry fink say if you are a longterm investor, you want to buy risk. You have the dollar seeing its worst week since 2009. May be some of the liquidity funding pressure is taking a backseat. Today we are going to take a look at the market moving news from around the world, focusing on washington, as well as new york. The house is expected to approve that 2 trillion rescue package. House Speaker Nancy Pelosi told bloomberg tv they will move quickly to get that. Rep. Pelosi will have a strong bipartisan vote that, hopefully by noon will be finished. That depends on how we have to come into small numbers to vote have we have to come in to the chambers in small nubbers to vote. In small numbers to vote. Now is kevin cirilli. What comes after that . Kevin all of the house members will vote on this to trillion dollar stimulus package. From there, the president will sign it virtually immediately into law. After that comes
About a hard brexit. The boj has to push back its inflation target one more year. Selling on the margin when it comes to the german 10 yield bund. Morning,ming up this 7 45, the important ecb Rate Decision followed by Mario Draghis News Conference 45 minutes after that. Initial jobless claims and the fed survey. At 10 a. M. We will get the indicators. After the bell we will have fourthquarter results from microsoft. Now, lets get an update on headlines outside the business world. Emma a startling admission from the president about jeff sessions. The president tells the New York Times he would not have appointed sessions if he knew that he would recuse himself from the russia investigation. He called sessions decision unfair to the president. The president may take another shot at getting a Health Care Bill passed after the present parish republicans to stay in washington until they repeal obamacare. Republican senators met with the president. Mitch mcconnell still was to hold a vote on
It is our flagship morning show. A happy new year. What does the year have in store for you . If manufacturing is anything to go by, things do not look too bad. Dataellow line, the china stability. Towardsge line heading 2012 peak. Looking at the white line, the u. S. Is expecting a Strong Manufacturing number. Europe, the data coming through yesterday. The purple line. Growth that reflects more on your perspective of what growth is. Europe is expanding at the fastest pace since 2011. Europe is at the highest in three years. Concerned,hina is they still have a certain number of risks to deal with. One is the Federal Reserve and one is the triumphant donald trump. Reserves, we will get that data on january 3. Let us look at the risk radar. The china data is playing out across the spectrum. Emerging markets. A nice rally there. Longest winning streak in almost four months. on the msci em engaged again in terms of rate rises. Gold is up by 0. 9 . The world is not void of concerns. Now, wh
Whats driving it . S in past 20 minutes, theres been a reversal, dow and s p snapping a two session losing streak, up arrows across the board right now, and dows up 48 points, and, well, we have more declining stocks than advancing ones, but up arrows. This is what happened. Moments ago, the Atlanta Fed Bank president essentially said this tapering that we are talking about and expecting to happen next month might not fully happen because the Economic Data that weve been getting is relatively uneven, so, perhaps the qe continues longer. Up arrows right now. Back to you. Take it while we got it. Headline with attention, the department of justice and states suing to block the merger of American Airlines and u. S. Airways. We are joining right now live by capital chairman and fowppedzer, also former Continental Airline ceo, Frank Lorenzo on the telephone. Thank you for being here on fox business to help us understand what the ramifications of the doj move are, and what are they . Caller w
EUR/USD remains cushioned above 1 0800 on improved Eurozone s economic outlook fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.