A very good morning to you. Lets get straight to the Market Action and take a look at futures at this hour. Last week, we saw around about half a percent of gains for the week as a howhole. Mostly coming through on friday. Allowing the Interest Rate sensitive stocks to do well, the likes of utilities outperforming in some of those other stocks like financials in the other end of the curve. Disappointing on friday, but for the week as a whole, financials still did pretty well. Were looking at things today in the futures market, we are called higher, only slightly. The dow expected to ep up 22 points. If we look at the yield on the tenyear note around 6 . Pretty much where it was the week before. Little bit of movement during the course of last week, but ended things and started this week at a similar level. 1. 60. If we take a look at european equities, similar market tone here on monday. Mixed cay of trade by the german dax higher around. 20 . Keep in mind germany factory orders did pi
Expected job report from the fed. Were going to talk a lot about that this morning. In the meantime, take a look at what happened overnight in asia. The nikkei was up a quarter of a percentage point. Markets higher in china too with the shanghai up. 60 . Hang sang putting in a similar gain. If you take a look at whats happening in the early trading in europe, things are mixed at this point. Dax is up a third of a percent. Cac is up just under. 20 . Ftse is down. 20 and check out crude oil price this is morning, up 1 settling in just under 45 for wti. Among stop stories. 65 billion transaction bayer hiking offer for monsanto to 127. 50 a share. Up from 125 offer. Monsanto acknowledging the latest offer. Calling the discussions con struckive. Have been in talk since may. Bayer believes acquiring the seed maker would position the firm to help farmers produce for a larger population. Well have a lot more on the potential deal in just a couple minutes with an analyst. Other news, volkswagen
In the might be team take a look at what happened overnight in asia. Right now, asia closed up just slightly. The shanghai comp was down slightly. The hang sang up. 30 . Europe in the the early trading right now. See red arrows across the board. These are declines. Pretty mad rat. Basically a quarter percentage point decline across the board. If you check out crude oil prices big thing to watch yesterday. Crude oil up jed yesterday. Biggest jump in five months. After we saw that confirmation of the drawdown that had been suggested the night before, you see right now wti giving back a little gain. Decline of. 51. Breaking news out of north korea overnight that could be ralting markets this morning. The country claiming to have successfully tested a Nuclear War Head in what may have been most powerful detonation ever. South korean said it was the fifth test and had the impact of a ten killton explosion. President obama was briefed on that test aboard air force one. He said any provocativ
We both always struggle with the dates. Should have that preprogrammed. Either way, a very good morning to everyone if youre just getting up. Oil prices and fed speak in focus this morning. Well bring you up to speed on both in a minute. Plus, well be talking politics. Here are the projected results from last nights gop caucuses in nevada. Donald trump taking the top spot by a pretty big margin, followed by marco rubio number two and ted cruz number three. More from the campaign trail later in the half hour. Looking ahead to super tuesday with clearly trump gaining momentum. Three states hes won in a row. Absolutely right. Hes got the momentum behind him. Can marco rubio be the one to stop him . Doesnt look like it at the moment. First, a check on u. S. Equity futures at this hour. We are pointing to a negative open. Yesterday, all three of the main boards down 1 . U. S. Equities really dancing to oils tune with the main orchestrator saying the saudis wouldnt cut production. Were looki
Look at the down arrows. Japans nikkei falling 5 . Hang seng and kospi dropped more than 1 each. Lauren big driver is oil prices which soared on top of an opec Production Cut. Meanwhile gold fall back a bit after big runup for yellow metal. Nicole pandora, the stock to watch today. The stock soared yesterday on news it was putting itself up for sale. Fell shortly afterhours trading fell short of wall streets expectations. Welcome to fbn am, first look at what is breaking in todays markets and latest breaking news in the day ahead. Lauren well kick it off with the breaking news this morning. Democratic candidates Bernie Sanders and Hillary Clinton clashing over oneonone debate over wall street. That not insult the intelligence of the american people. People arent dumb. Why in gods name does wall street mike Huge Campaign contributions . I guess just for the fun of it. I guess they want to throw money around. I made it very clear no bank is too big to fail, no executive to powerful to ja