The russian federation. Their relationship has been the subject of speculation for months and Long Distance until today when they met at the summit in germany. First Lady Melania Trump interrupted to urge them to wrap it up, to no avail. Tillerson was the only other administration person. Began on an awkward note, the 2016 election. The two leaders differences may be intractable tillerson said in a briefing where cameras were not allowed. The president pressed president putin on more than one occasion about russian involvement and president putin denied involvement as he has in the past. But Sergey Lavrov described things differently, said President Trump accepted putins denials and said some are fueling stories of russian meddling. The intelligence communities concluded with high confidence Russian Hackers were responsible. Putin asked President Trump for proof. The two agreed to cooperate in syria. A limited cease fire in the southwest of the country but admitted key key details were
Sector is underappreciated and offers great Growth Potential raising its price target on allianz, aviva, and others. All right. Lets have a quick look at the European Equity markets this morning. Nancy, how are they looking . Looking at the stoxx 600, the picture is flat. This after some minor losses on the index yesterday. Overall, yes, we are looking at a loss of 0. 06 . This does not tell the full story. When we look at the individual markets here, once again were looking at the ftse 100, the star of the show this morning, hitting another record high above that 7200 level. Now higher by 0. 18 . Elsewhere, were seeing a bit of weakness on the german main market lower by 0. 1 . Weakness in insurers after a downgrade in that sector. The french cac 40 lower by 0. 2 . Looking at the italian main market in slightly bearish territory. Lets look at the sectors one by one. Telecoms moving higher by 0. 7 . Basic resources in focus throughout the morning and coming over from the asia session.
Appeal the decision. San francisco fed president John Williams tells cnbc exclusively that fiscal stimulus will only have a modest effect on growth, but says the fomcs aim to tighten policy is appropriate. The tendency of the views of my colleagues of one to three rate hikes are a reasonable view given that employment is 1. 6 , the economy is growing to 2 and inflation is growing back to 2 . Thats a reasonable assumption. Good morning. Tgif. We have a lot going on today. We have a preview to the jobs report. A big reversal in the yuan against the dollar, but its all covered for you. Lets kick things off with a look at European Equity markets. We are modestly trading to the down side to the tune of 0. 2 on the stoxx 600. It is jobs day in the u. S. The first jobs report of the year and were expecting a print of about 178,000 jobs. Lets look at the indices one by one. The ftse 100 eking out a modest gain of one or two points. The ftse is heading for the fifth week of gains. The xetra dax
Thats the strongest of the expansion. Well get to all the numbers of the premarket relatively steady. Europe is mixed. Yields actually if you just heard ticked up on that wage data. Factory orders, rig count and fed speak today still on the way. Roadmap begins with 156,000 jobs added in december, below what the street was expecting. The last jobs number under president obama. First it was ford then it was gm. This time the president elect goes after toyota sending alarm bells across the nation of japan. One retailer reversing the trend, gap shares are surging after a better than expected december helped by old navy. Well get into that. Aside from the december payroll figures, the Unemployment Rate coming in at 4. 7, as expected. And we mentioned earlier average Hourly Earnings up 2. 9 from a year ago, thats the biggest increase since 2009. Participation relatively flat, jim, i know you looked at with the revisions over the past two months people are calling it a bit of a push. I think
Outlook avenue. Oakland police say the 22monthold toddler was shot once while in a car with her mother. Investigators dont know yet whether it was unprovoked or an exchange of gunfire between two cars. From what neighbors tell us, there were many shots fired in rapid succession. It was about maybe four or five and then there was a pause and then there was another probably four. To me it sounded like it was probably nine or ten total. The mother and the child were in a vehicle at the time of the shooting, and again, the child did sustain a gunshot wound, 22monthold little girl. Now Police Confirm they are investigating to see whether todays shooting of the little girl was in some way related to the murder of a man on myrtle near 16th in oakland yesterday afternoon, perhaps some kind of retaliation, but they do not think the toddler was the intended target. Those who live here say this neighborhood known ads millsmont is relatively quiet. At this point, police are not releasing any suspe