think clearly this year there has been some return of can have can den confidence and some return in the market. we ll hear more from brady dougan throughout the course of the show in a very busy earnings s season today here in europe. we ve had key chinese data as well and we keep looking at what central banks are doing. it s a super thursday, christine. yeah, it is a little bit. we re watching for what the pboc is going to do after inflation out today suggests a spike in inflation, people expecting 4.1%. so what else is china going to think except that, you know what, any hope of a cut in reserve bank reserves will get delayed as a result of stronger inflation number but, guess what, market reaction was more muted. we had gains in some of the property counters helping to offset any disappointment that any easing 0 would be delayed. the hang seng, we had the financials pulling the markets lower because any hope of a cut in reserve requirements would actually benefit the
disappointments. facebook sets the wheels in motion filing for a $5 billion ipo and giving the public a first glance at how it makes money from friend requests and the like button. okay. so welcome to the program. today we re going to focus right off the top on earnings and m&a activity. europe is one hour into the trading day. advances equaling decliners on the dow jones stoxx 600. it s about the detail of the earnings and the m&a news. we ll be digging into deutsche bank. cac is down. bond auction out of france today. ftse mib down 58 points as well. in terms of sector performance right now that xstrata/glencore boosting their stock. chemicals, financial services are firm here. we have seen disappointment from the licks of unilever, the trend seems to be weakening. we ll hear from paulman as well l. shell is weaker. that s dragging oil and gas down. here is the key thing as well. auctions not only from france but spain today so we ll keep our eyes on ten-year government
as the polls are set to open but newt gingrich says he won t give up without a fight. something different this morning. there s not the snowy backdrop, the slight chill on the back of my neck. it s warm for a start, christine. that feels a little different. yeah, welcome back, ross. we missed you. i was looking forward to the hat you were wearing at davos. i didn t see any. i m disappointed. a little bit. i don t think that works in the studio, does it? a fedora. you were wearing a fed 0ora? yeah. okay. take a look at the equity picture here in asia. a little bit of green, red, a mixed picture. a bit of caution going on as people wait for more conclusion about what will happen in greece, of course. we have the pmi data tomorrow. that s keeping trade cautious. take a look at the shanghai market up 0.3%. gains were up the upside was capped because of profit warnings from some companies. the hang seng pushed higher 1.4% mostly on bargain hunting. the 225 up 0.1%.
you can do great things as you ve done in louisiana and mississippi, but you guys are sitting between two of the best communicators the governors have. they re a peep in the square here that haven t explained to voters that they are doing and why and they re not going to get credit for it. i think frankly you in a to each other in the 90s, a lot of times it sounded like cannons. we tend to talk about that. you need to tell people what you are for, why you are for it and how it will help their families and communities. if you just keep that little simple thing in mind, usually you can get to the point if it s the right policy. but you are right and bobby is right. my experience when we lose it is not because people change their mind about the policy they want. it is because they change their mind about us. they decide we are not adhering to what they thought they voted for. and they ll personalize. i give you an example on taxes. i m fat now so i can do it as well as i use
having voted in the affirmative, the motion is not agreed to. mr. reid: i enter a motion to reconsider the vote by which cloture was not invoked. the presiding officer: the motion is entered. mr. reid: mr. president i move to ask ask i ask unanimous consent we proceed to morning business senators permitted to speak for up to five minutes each. the presiding officer: without objection. mr. reid: i ask unanimous consent the senate proceed to calendar number 290 and be in executive session. and that the nomination be confirmed, the motion to reconsider be considered made, laid on the table, no intervening action or debate and any statements appear in the record as if read. and the president be immediately notified of the senate s action. the presiding officer: without objection, so ordered. mr. reid: mr. president i understand there s a bill at the desk due for its first reading. the presiding officer: the clerk will read the bill fo