Basis points reduction and that has perhaps helped. Certainly in the uk itself as you see the ftse 100 up 1. 3 . Our 10year note yield hovering lets call it around the 1. 5 level and crude, which has been an important story in the movement of our broader markets during the course of this week, look the that, flat, 40. 83 after dropping below 40 this week. Lets get to our road map and it does start with the bank of england rate cut as it ripples across the globe. Markets we will get mark carneys take. Major media earnings, fox and viacom shares both moving this morning in different directions. Whats behind the quarters at fox and viacom, what about the turmoil. Frankly at both companies. Tesla misses estimates, but that didnt stifel, what is this all in the family, stifel elon musks optimism. We hear his outlook for the companys future. Futures on the rise a bit this day after the dow broke that sevenday losing streak. The bank of england cutting its benchmark Interest Rate for the Firs
Securities unit posted a loss in the Fourth Quarter with each of the business is reporting a slump in revenue. The bank posted a net loss of 6. 8 billion euros for 2015. Dont miss our interview with the cfo at noon u. K. Time. Federal reserve chair janet yellen and her colleagues have opened the door to a change in our outlook for the u. S. Economy this year and possibly a slower pace of Interest Rate hikes. It is closely monitoring Global Economic and financial developments while assessing their implications for the labor market and inflation. Facebook shares soared and extended trade after delivering another quarter of record revenue. Fourthquarter sales and profit billionimates at 1. 6 users logged on every mod. 80 of revenue came from mobile devices as facebook continues to sell targeted ads across the spectrum using video. Video is an important part of the facebook experience. And continue to invest here is important for a lot of people to share some of the most engaging content.