Deutsche bank is said to be considering funding private equity firms to buy distressed loans. How will the u. S. Authorities react . Lets talk about the markets. Im going to do gmm first. A quick look at what is happening around the world. Japanese yen, big move. Trading 116. 01. We are seeing a weaker dollar. The bloomberg dollar index down 0. 6 . The danish krone is moving. The euro is up 0. 5 against the dollar. The dollar, despite fed fears, is actually going down. Take a look at the Commodity Markets as well. Theres a big china story. Zinc on the move today. You are also seeing copper on the move as well. Familiar to the beginning of last year. Lunar new year is coming up very shortly. The markets on the move. Heres the bloomberg first word news with juliette saly. Juliette thank you. Donald trump has picked a wall street insider to the his top regulator despite railing against the industry on the campaign trail. Clayton toinate jay head the sec. Clayton has represented Financial
Cutting rates. When will mark carney act . Terror in turkey. Blamed for state is the attack at Istanbul International airport that killed at least 36 people. What islk you through happening in terms of Market Action right now. E have seen a rally maybe starting to show signs of having legs here. Asia has been up quite nicely. Lets talk about what is happening with the European Equity markets right now. As you can see, we are around 1. 3 . Looks like we will see another positive bounce today. Yesterday, the footsie up ftse up 2. 64 . Caroline we are seeing that following over to asia. This is your msci asiapacific index, showing a significant uptick at the moment. The biggest move that we have seen for asian stocks within the week. We are seeing it at about 1. 7 overall. Fascinating moves across the board when it comes to some of the key stocks. Brent crude up. Speak,o pound flat as we but we have seen the pound generally under pressure today. Guy lets just run you through. The turkish
Alix and we will be previewing that speech. Were going to speak with the chief Global Equity strategist in just a moment. But first, checking on the market heres. Calm, but overall no, big positions being put on ahead of riday. Jonathan futures doing ok. Equity market in europe they can d. A. X. Up agassi. 8 . Ftse up. 5 . He story in the f. X. Market is weaker. You see in the stronger cable rate, we have a 132 handle very briefly on the pound against the u. S. Dollar. In the commodity market, the retracement continues. Big week on w. T. I. We come in at. 9 on w. T. I. We trade with 4698. All the focus on treasuries still. 10year yields higher up two basis points. I will say though another auction, more supply. Thats going to be a focus 20 e twoyear notes are billion worth. Alix now lets go around the world with check in with more top stories with caroline. Could it be a 50 premium on before any of these talks started to be decimated . Its been a roller coaster for monsanto. But it loo
Later. Joe holly lives right next door. Its sad. It was sad. Its not it didnt catch me by surprise. You hear it now every day. Always some tragedy going on, so should not be but it happens. Reporter today the boys mothers boyfriend 24yearold Zachary Tricoche was charged with first degree murder. Investigators say he beat the twoyearold boy to death. The child who is not being identified by authorities did have siblings but its unclear if they also lived here or if they, too, were abused. Holly said he never saw any child here, not ever. No, uh. Reporter never. No, no. Reporter but you saw the boyfriend. In the morning about 6 oclock in the morning, 7 oclock. About 6 oclock i see him get in a cab and he leave. Reporter now, there was a delay i releasing the details about this murder because authorities needed to track down the childs biological father. Tricoche is being held in the Camden County jail at this hour. He will be arraigned in camden tomorrow. Live in pennsauken, im Sarah Blo
Of the table despite market expectations. Well talk Central Banks in the reason why hans is in frankfurt. Jpmorgan trading revenue dropped 20 this year amid the global rout. But the bank is gaining share in europe. Is this bad news for Deutsche Bank . We will talk about that during the next hour and a half. We are a half hour with the European Market open. Let me show you the fair value tech elation we have this mark. Fairly flat, i little bit of civility may creeping back into these assets after some fairly big days. You can see london just a little bit higher. Let me take you through some of the other assets you need to know about this morning. Pound thatg at a is back above1. 40 but has gone below that overnight. If youre on the bloomberg, go check it out. It is a great story but where economists see the pound going. Dollar yen continues to move. You could see in overextension of the fed doesnt hike. You could to the move all the way to 1. 05, what would that do to the japanese econ