Characters in a bid to have wider debate. Kathleen i dont care how many twitter characters you have come it would take a massive tweet to tweet out so much in Janet Yellens speech today. When you look at the citations, the charts, 20,000 pages. I think she had one message, the fed is going to hike again, even if inflation is below target. Yvonne pretty much. I wonder what the president thinks about that twitter development. But then again, you mentioned about janet yellen. She is onopart a twopart mission, normalizing the Balance Sheet. We saw the market move on this, futures up to 70 for december. Kathleen lets look at what the stock market it, rather muted, but everyone digesting what janet yellen said. You have the dow closed flat. 22,284. 0. 2 of500 gained about a point. The nasdaq up nine points to 6,380. Yvonne big movers were in the bond market, yields heading higher and the dollar. Lets see how things are faring in new zealand. Just getting underway in the last hour two hours,
And taiwan in the next. David is having a look at general sentiment. We saw wall street client, and that normally has an impact here as well. We are expecting volumes to be fairly light over the next hour. Gdp of china comes out midmorning. Meantime, this is what were seeing across the region for taiwan, malaysia, and singapore. The cost be up 0. 4 . We are seeing a drop in the japanese yen. I will show you what is happening in just a moment. Top performer, the nikkei 200 205 the nikkei 225. The dollar is softer. It spiked in the last few minutes or so. Dollar10 climbing up as well. Dollar yen climbing up as well. A huge move down yesterday, 17 drop in 10 year yields. I think were seeing a bit of a rebound today. Food prices, we are below 48 for the new york knicks. As you can see, brent is below 49. That is obviously weighing on stocks. In australia, that sector group is getting hit the most. Oil and gas down 2 . A big move down on oil prices. Iraq the latest in terms of news. Record
Is going to move back up to the 60 to 80 range then certainly Second Generation ethenol will continue to move and i see investments coming into that area. A different story for s. A. P. After slashing its Profit Guidance for 2017 due to trouble with its cloud transition but the ceo tells cnbc that revenues are on a steady path. What i wanted to model for the investors is show them that the core is still going to grow. That cloud will grow even faster and the Business Model makes its full transition will you have more predictable revenues after 2017. Now our attention turns to Morgan Stanley. Earnings taking center stage in the u. S. After the Holiday Weekend with investors honing in on fixed income and the banks commodities business. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. And to our top story, chinas Fourth Quarter gdp held at 7. 3 growth year over year. While the reading wasnt lined with Third Quarter growth missed the official target for
All right. Were back. Hello, welcome to Worldwide Exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Heavy metal profits brings the first u. S. Company out of the gate with earnings season. But results will continue to be pressured by weak demand. Samsung electronics operates a fifth straight quarter, but sales flip. And government is on track for the austerity measures as Angela Merkel gives up for election. And aig just finished off paying off its massive bailout, but the company is now weighing on whether to sue the u. S. Government over that very rescue. Now 2013. Its been so long. How long has it been . Months. Better make the most of it, though. Two days. Yeah. Two days. Then its onward. Anyway, look, were here. I still dont know what time zone and country im in. There was snow, right . There was. It was beautiful. On todays show, we hone in on samsung in seoul. Im all frufterred because youre back. The electronic giant will expand its
Staff will lose their jobs gordon hit a huge audience i had no idea. The rabble sure got that whistleblowers and penalty points. Mr says he respects the dollar can see but were addition to sports. I have my own backyard to their watch. And to claim tend to be as transparent as i popped to be in terms of caring people that be. Skinner jailed for life. The nineteen year old auckland man who boasted that the chasing pack is found guilty. One year on from the comments i love my job at that age and income and colleagues and friends appeal for information. Three doses will be gone. And then. It is only one piece. The welcome to six one. The privately owned mt carmel hospital in dublin is too close for the loss of three hundred jobs. Liquidators been appointed by the high court after being told the company which owns the hospital is insolvent and cattle pay its debts. The states Assets Agency now not been taken over one of the loans but is not prepared to provide any further money. A combined