Headquarters. Zealand,oing to new seeing some weakness down 1 10 of a percent. Snapping that losing streak that they saw. We saw comments from the governor talking about further cuts likely to come, but he said several factors could be supporting growth in new zealand. It is not weak enough for large rate cuts as some have been speculating. The new Zealand Dollars but is actually gaining. We are counting down to the opens in australia, japan and korea. We are expecting retail sales from japan coming out later this hour. Bk 225 closing down 1 10 of a percent. Futures pointing to a higher open. The dollar yen is weakening. It is almost as if three weeks of intervention in the markets did not happen we are talking about china. The losses were not as severe as the day before but stocks went down nearly 12 since thursday. Juliette is watching the markets for us. Juliette security regulators say they will investigate what happened on monday when we saw the 8. 5 plunge. Yesterday selloff was
Much different situation. Santander gets a brazilian boost as the spanish bank sees profit rise 14 in the First Quarter, showing strength in south america. Kering shares hit an alltime high after the gucci owner reports a 28 rise in comparable sales for the First Quarter. Daimler shares shifting up a gear. They lift guidance with strong mercedes sales, helping to double profits. Good morning. Welcome. Glad youre with us for street signs over the course of the next hour. We have a lot to talk about. We see quite a few great stoke moves. When it comes to the european markets, were being called higher when marketed opened, and now on the mixed side with the ftse, the xetra dax and the minute lower, the cac just delicately bucking the trend there. A bit higher after we saw the Election Results coming through after this weekend. When it comes to the sectors out there, to the upside youre seeing buying into the likes of chemicals, household goods. To the down tidside, banks, rea estate and a
Im hoping we get up to six or seven, particularly National Security team in place on day one. Neil the vetting process Senate Leader is referring, consider some of the democrats, argue they are rushing to the confirmation table so quickly, they havent gotten their Financial Disclosure forms out or done, or any conflict of interest therein. They include, betsy devos would be the education secretary, wilbur ross for commerce and general john kelly, homeland security, they are the four not as least filed as of yet their conflict of interest forms, but would not be there for the actual committee hearings. That doesnt necessarily mean those forms wouldnt become available when the senate itself votes on each and all of these individuals, but it does come at a time when there is debate back and forth whether the president elect and republicans in general are rushing these names. There is precedent by the way, both barack obama and george bush before him would have as manials five confirmation
Mcconnell vowing that this is going to be a quick and smooth transition. Listen to him here. The first step will be taken in the senate by the end of this week. And then it will go over to the house. You have to vote repeal and replace. And i think there ought to be a great gap between the first step and the second. Trish senator rand paul says he has a replacement plan that will do just that. Hes going to repeal and replace not repeal and delay. The senate is expected to vote on his alternative plan later today. Im going to go straight to our peter barns for all of these developments right now in washington. Well, trish, you heard the senator Mitch Mcconnell say there that he wants to have as little of gap as possible between repealing and replacing, but it looks like there is going to be a gap of some time. A repeal quickly but then some kind of phase in perhaps a year or two or three with whatever republicans come up to replace obamacare. But as you said, starting this hour the Sena
Wait until you hear what jack ma sells on his site to make in the usa. Mark fields of ford. Did trump beat up on true red, white blue, ford a week afford abandoned plans to open as Assembly Line in mexico. We would ask mark fields what would henry ford think of trumps twitter shaming the Auto Industry. You have to hear what he said. It is important. Were still on dow 20,000 watch. Nasdaq is grabbing headlines in the final hour. Tech and health care driving nasdaq to another record high. Will we see three in a row with the nasdaq. Less than an hour until the closing bell. Start the countdown. Liz how long am i destined to drag this dow 20,000 hat everywhere i go, waiting for the moment the bluechips reach the peak. I cant show it raising the hot, that is very bad juju. Theyre superstitious at the nyse. After friday coming tantalizing close to dow 20,000. Were now flirting at session lows. The dow down 5points. Despite a handful of companies boeing on the shopping spree down 57 points. Y