Eastern time and mario draghi will hold a News Conference at 8 30 eastern time. The euro we saw 1. 5 yesterday. It bounced higher at 1162 and european stocks at least at this early hour they are relatively flat at this point the dow futures are up by 35 points. Nasdaq up by 3. The ecb is the talk of the down here in davos. Larry summers, and Goldman Sacks gary cowen all sitting on stage together. Expectations of a Bond Buying Program in europe already had an effect. She points to currency and where the euro is now countries around the world are already engaged in a currency war in an effort to boost growth. Press andrew is supposed to give a press conference later today about the sex scandal hes involved in. This is what people are really talking about here. We were 100 billion a month qe. At one point, yeah. Theyre doing 50 billion euros. That was money at one time. What was that . Probably 63 or something . Yeah among the biggest questions in europe right now is the fate of greece lo
Hello and welcome to todays edition of Worldwide Exchange. From davos, im Ross Westgate. Im kelly evans in london. These are your headlines from around the world british Prime Minister David Cameron promises to hold a referendum on the e. U. Warning that a concession for the democratic leadership is wafer thin. If we dont address these challenges, the danger is that europe will fail and the british people will drift toward the exit. Google could light a fire under u. S. Markets today as the giants Fourth Quarter profits top forecasts on higher ad revenues. And here in davos, bank ceos fight back against regulators in an exclusive cnbc debate, apologizing to scandals of the past but defiant it the role of the industry. I think theres so much misinformation out there thats used aggressively by people for their own purposes. We provide a service to you. We make a little money every time we do it. Thats what happens. And ceo confidence down for a third year in a row according to a survey h