Financial position of our company it is a noncash event. Janet yellen says theres a live possibility of a december rate hike as the french bank has offset volatility around central bank policy. Based on the monetary policies regarding the fed, ecb i remain overall positive for 2016 in particular for the europe and equity asset class and especially if, as we think, we see a further improvement of the economy. British oil and gas Services Firm amec loses a fifth of its value after slashing its dividend and increasing its cost cutting. Good to have you with us today. Lets kick off the program on break news on Monetary Policy since we have been listening in closely to janet yellen and her testimony on capitol hill yesterday. Norway which surprised holding steady. So the norwegian Central Banks and key policy rate is unchanged or holding at three quarters of 1 . Last time around they surprised the market by cutting Interest Rates. What are we looking at . Strengthening back on the back of t
Aircraft investigators are 90 certain that a bomb that crashed. The president of emirates tells cnbc the incident will have a lasting impact. The airline has been in its 30 year history so much like this. What happened in egypt last week is almost of a game changer. And u. K. Prime minister david cam rop takes to the stage in the reports. Hes preparing to make a report on a possible e. U. Exit. God morning, everyone. Heres how were looking this monday morning. Friday up 0. 3 . Today were dragged just a touch lower by the auto sector. Energy prices are rebounding. That means the Energy Sector is giving us a little bit of a tail wind. The dax is down. In the currency markets were seeing the dollar losing a little bit of strength. What is this . Maybe a little bit of profit taking after we saw the dollar extending. We got chinese trade data slumping once again. Exports dropping nearly 7 in october which is the fourth straight month of declines and well below forecasts. Imports falling 18
Exclusive deal to debut a film of the pop stars world tour. Good morning, everyone. Were roughly 1 15 into the trading session and this is what youre seeing. Youre actually seeing green. I guess very few people had expected this after the poor showing that we got after the asian trading after the big dropoff from u. Is the dropoff on friday. The dow was off 3. 3 . The dow off 4. 1 for the week. The ftse 100 off of. 5 . The xetra dax up the same. The cac 40 up even higher at 0. 9 . This week we saw it in asia and the junk bonds and the oil route. In asia the shanghai comp is up 2 . The Macro Economic data was up better than we expected. The fixed Asset Investment is at least in line. The anything kay is also off by 1. 8 . Meantime, the yuan has hit a fresh year low. The trifecta in china. U. S. Futures, pretty tough week for wall street. Markets slumping. All big three indices falling more than 3 . We saw the biggest single daily decline for the Dow Jones Industrials and the s p 500 sin
Break fees. There is an uneasy calm in financial markets. Thats the warning from the bank of international settlements. B. I. S. Which says that a fed rate hike could trigger renewed panic in emerging markets. Getting the icahn service. The billionaire investor takes a 12 billion stake in Service Retailer pep boys sending shares higher after hours. Good morning, im carolyn roth. Coming up on the show, nothing ventured, nothing gained. Googles head of Venture Capital says Tech Startups are waiting too long to go public. Sweeping changes in venezuela. We assess the implications of a new government after nearly two decades of socialist rule come to an end. And can climate talks in paris propel us towards a greener future. The ceo of vestas speaks to us later in the show. Here we are kicking off new trading week. Off the 2 rally that we saw on friday. Its the biggest number that weve seen. The implied open looks like we are above fair value. Looks like the rally continues today. Industrial
Levels expected to prevail in the longer run. Fed ex beats the street in the Second Quarter with profits rising 4 . Profits falling some 12 in the Second Quarter but its Cloud Business continues to show growth. Meantime russian president Vladimir Putin says a 50 oil price is too optimistic. But that is over for the countrys economy. So we had a 1 gain across the board yesterday. I guess after finally the first rate hike in close to 20 years. This is the day after Dow Jones Industrial up by higher than 2 points. The nasdaq gaining some 18. 5 points. We final have to lift off. The Federal Reserve raised rates. Unanimous decision. The quarter point marks. And the most accommodative policy. The fomc still sees four hikes next year. However the market is only predicting two or three for 2016. Were seeing the median forecast of 1. 375 . They have taken one hike off the table. Lets show you how a different Asset Classes have reacted. Were seeing a broad based rally and thats gaining more stre