Oil stocks and hopes opec plus would reach a deal to cut output President Trump has threatened to withdraw u. S. Funding from the who blaming the agency forgetting its virus all wrong and being too china centric. They could have called it months earlier and they should have known they probably did know well be looking into that carefully and put a hold on money spent to the w. H. O weve had Movement Across the italian bond yield curve after finance ministers failed to reach an agreement on the plan for the talk after 16 hours. Theyll reconvene for another video call tomorrow. The picture across other 10year, as you can see. The price a little higher here and reflects the market to reprice risk where we see it given that we didnt get an agreement. Silvi aur silvia was tracking the meeting and was back to us very early on caller after 16 hours of talks, there was no agreement among the 19 finance ministers the Member States have been divided over a developing credit line mechanism that d
Where did the time go . We recap the last decade. This is daybreak asia, live from u. S. And asian headquarters. Betty i am betty liu in new york, it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. I am yvonne man. When itte dance we see comes to communications. We saw a little choreography over many different reasons. You have yellen, mark carney, the bank of canada, all signaling rate hikes are coming. Take a look at market moves on my bloomberg terminal. Doing damage control after the many taper tantrum tuesday. Markets not buying it. On the move, but not recovering the strike in yields. The euro taking a dip. We have the pound and the loony surging. Betty global tightening is just around the corner. Not more than three months ago we were talking about, what about the reflation trade . It seems it is losing momentum. Here we are, all sparked by these comments from the Central Banks. When will theis, markets be convinced and how long will that last . Yv
S p futures up by 8 and the nasdaq up by 21. Quarterly results coming out from home depot. Heres whats happening. The company beating estimates by 4 cents with profit of 1. 36 a cha share. The Home Improvement retailer also forecasting full year profit and thats also exceeding estimates. Well talk about that in just a minute. Among the other big stories, the dollar hitting a 7 month high against the euro this morning. Among the reasons, expectations that the fed koul begin to raise rates next month. A lot of whale watching on wall street as some of the most powerful investors reveal their latest portfolio moves. Carl icahn swapping his stake in ebay for the same number of shares in paypal. The activist investor also disclosed his position in iag. Now we know the numbers. He has been calling for a break up of that insurer. Also David Einhorns Green Light Capital had a tough time of it boosting its stake in apple in the Third Quarter. Hedge fund also upping its holdings of General Motors
The month. David is here with the reaction. It is not very good so far. Certainly, we are continuing to see the headwinds from wall street friday. The gdp number that came out for the fourth quarter, not exactly the most ideal. A drop of 5 to 2. 6 picked 2. 6 . That is what asia basically woke up to. Kicking off a new trading month, take a look at what is happening with the nikkei 225. I will get to why a lot of these stocks rising. We are down about 1 . Dollaryen at a threeweek low. The yen is stronger against its u. S. Counterpart, despite the fact we have the u. S. Dollar strengthening against most other currencies. Some safe haven plays. A lot of ecodata coming out. China adding to the woes pmi unexpectedly drop into 49. 8. We were expecting to see a slowdown. Data suggest that the first quarter, we will see a little bit of pain in china. South korea, we are flat right now. The trade surplus falling. We are looking at 7. 2 billion, still a hefty amount for the current account. Of c
It lost out on a fighter jet deal in the euae. Russian president Vladimir Putin has reportedly freed the jailed typhoon khodorkovsky after a ten years in prison. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Were into the last Worldwide Exchange of the week. Plenty to get through on the program. Next, its two days after tapering and the ripples are still being felt across asset markets. Well measure the fallout. Its been well look at key drivers for the Global Property market. And the battle for control of italys Biggest Telecom continues as shareholders vote on whether to replace the Telecom Italias board. If thats not enough, gold is down after the feds taper announceme announcement, but should you be buying the dip . After a big fall this year of over 25 , well get analyst opinions in around 40 minutes. And if you have any thoughts, comments, queries or questions or anything else you want to say, email us, worldwide cnbc. Com. First,