Plus more ceos head to trump tower. And another automaker, another emissions probe. We will fill you in on that. But it is all about the banks this morning. Wells misses, j. P. Morgan beats, b of a posts some mixed results. Jim, you just tweeted enough with the binary trade. What do you mean by that . Were in a difficult situation here because there are people whove been saying the banks have run up so you got to sell them. Thats trader talk. When i was at a hedge fund i would say ill put out bank of america at 23 buy back at 22. 88. These are unbelievable quarters, theyre unbelievable because theyve become growth stocks, cocacola, they do not have the ability to run this organic growth. These are remarkable quarters and we just started. Bank of america haechbt seen the gains yesterday. Numbers im looking at ive calculated 100 basis points in fed increase, you get 3 billion more. Just added on. Do you think that Proctor Gamble can put up that kind of number . 600 million baked in the n
European equities are trading 30 minutes into the session. Stocks are falling in europe, the biggest threeday drop since november 4. Donald trumps firing of the acting attorney general adding about uncertainty decisions in the new administration. Thats the biggest drop since november 2. And currencies are rising against the dollar. Look at the greek 10 year yield still no agreement between the latest bailout review itseen greece and creditors. Lots of Corporate News to tell you about shell accelerating its drive to shed assets, agreeing to sell its fields in the north sea and thailand. The disposals include the sale of half the companies north sea assets for about 3. 8 ilion dollars. 3. 8 billion. Bgts filing up after the 54 billion takeover. A swedish fashion retailer, h m, providing relief for the european clothing industry, reporting profits that topped estimates and setting a new annual growth target after missing estimates of five of the previous six quarters. Seasonable weather p
That is what we have up the moment. They are likely to restore the ideological balance. It was left a vacancy and hasnt been filled yet. Have a republican appointee with a decades long record on the federal bench. Just waiting at the moment for what is going on there in formerly of breitbart news, talking to a colleague there. This is what we have as we await donald trump to get to the lectern to announce his Supreme Court nominee. Repeat, the two names are neil gore such of denver and thomas hardeman. People are standing up. One can assume that donald trump is approaching the lectern. President trump thank you. Thank you very much. Thank you. Thank you very much, ladies and gentlemen. When Justice Scalia passed away suddenly last february, i made a promise to the American People. If i were elected president , i would find the very best judge in the country for the Supreme Court. I promised to select someone that respects our laws and is representative of our constitution and who loves
Those production perks. Its 8 00 a. M. Across the emirates and 5 00 a. M. In london. Less in am david eating hong kong where it has just gone past midday, midweek session, equities. Dollar on the back foot. It is really in the bond space. Yields on the way down across the region here. Let me just point out one of my charts right here, it really a has you shows you been up. Oil has been up as has the yen. But the help all of that compares when you normalize things in the volatility. We are talking about in that yellow screen. From monday. P yousef, very interesting times. Yousef risk appears to be coming back, gradually. Just a little bit camp or two yesterday. This part of the world is just under two hours away from the emirates market. Dubai and up with dobby, this is the state of play. Interesting that dubai and abu dhabi, this is the state of play. Consumer discretionary spirit the tadawul is down 2 10 of 1 . We are seeing a spike in activity in dubai. Still down if you compare it t
Cash and saudi arabia tested the waters with its first u. S. Dollar. A year since the reveal we spoke to the man with a seat at the table of change. Here is our conversation with the stretching the strategy advisor. When we look at the shift that is happening in Economic Policy, it is huge, different from what we had gone through. We used to call the fiveyear plan. Today, we have the structure that was set out last year. We can see today, fully operational. That is pretty clear for us when we report to the different government bodies. There is one of the entities that is called the performance center. It is responsible for gathering the data of all the programs, the initiatives, and the progress of the projects going on. As we have all seen, there was the initial report of the program. Most of the initiatives have already kick started and have gone with 5 to 10 completion. In terms of the policy changes, in terms of the mechanisms that they are driving a lot of the processes, talking a