Donald trump calling for an investigation into chinas import taxes just moments ago on cnbc. Also, Bernie Sanders saying hes proud Goldman Sachs thinks hes dangerous for wall street. And what jack dorsey says about investors lack of confidence in squares stock right now and why hes not worried about the short sellers. But well start with the markets. We mentioned draghi expanding their qe program to 80 billion euros a month, consulting the refi rate, cutting the marginal lending rate, the deposit rate, adding, jim that risks to growth remain on the down side and trimming their gdp forecast. What can i say, hes got the Bank Stocks Going i mean, if they wanted to, they could issue equity. We all know that worked here. The liquidity hes throwing at this is amazing. This guy, sum total, dollar going higher. So, i know everyones very excited. I know our futures are up big. When will people realize that these are not necessarily positive for us . Now, i had a ceo on last night, europe was ve
In on the markets right now. Ramy. Head over to ramy im going to call the session on to middle because we have going between the red and the green. You can see that we are pretty much at the zero mark across all of our major markets. Less than a 10th of a percent down across the board here. Some of this confusion might be coming from some negativity and positivity from the u. S. As well as around the world. U. S. Factory output from march down. Output upactory and china gdp up 6. 7 , which is on target. Let us also switch to look at right now and the u. S. Dollar is lower across the board against these major currencies. 1. 42 for the dollarbritish pound and one dollar will get you ¥108 down there. I will also talk about oil because it is on the mind of everyone as we head into sunday as that is going to be the round of the doha conference. Down, but off of the order of nearly 3 here. When it comes around, if those countries do fail to make any kind of freeze, you might expect to see o
We had some importing use. Market movement, a lot of volatility. Tom a lot of volatility. We will cover that with paul donovan. Excusepresident me, the president and the chair will meet today at 3 00 p. M. What chair yellen will discuss with the president , but they are meeting. Francine i dont know if this happens very often. They may talk longer term. Tom maybe they will look at Washington Capitals prospects. I dont know. The stanley cup is upon us. Francine there you go. Lets get to the bloomberg first word news. Heres Caroline Hyde. Caroline the international furor over the penama bakers the Panama Papers anders its second week. Over the weekend, cameron addressed concerned Party Activists that acknowledged shortcomings in his handling of the matter. President argentine is promising to put his assets in a blind trust after he was linked to two Companies Listed in panama. Foreign ministers from the group of seven industrialized nations are meeting in japan, calling for a renewed pus
Into the end is weaker. Tom a little bit. The euro has been the dynamic that has changed. That stronger euro gets my attention. What i know this buried in the numera announcement was that it would rationalize the americas. I have no idea what that means but i wonder if those with 1000 jobs are not just in london. Toncine he didnt come out confirm a lot he said when until april 22. Lets get to the first word. Authoritieslgium, have charged two more men with offenses related to the brussels bombing. Prosecutors say they were involved in renting a brussels apartment that served as a hideout for the bomber who attacked the brussels subway as well as a suspected accomplice. 16 victims died in the march 22 attack, the same day a pair of suicide bombers killed 16 others that brussels airport. Brazilian lawmakers have pushed the president a step closer to impeachment after a committee in the lower house voted for her to go in the first test of sentiment in congress. The real reached a sevenmon
But we hear they are still confident on china. I dont see people pulling out of china but i continue to see people putting money into china. G20 leaders warn russian president Vladimir Putin more sanctions could be on the way as they meet in brussels to discuss possible measures. Now to our top story, a quite astonishing story in japan. The gdp number shows a 1 president 6 contraction against the expectation of 2. 2 growth. One of the analysts said theres a big drop as businesses cut back on investing. Key consumption is another weak quarterly factor. Japan is now back in a technical recession following the drop in q2 after the sales tax came through. The latest fall is cementing last weeks rumors of the second tax hike to be delayed and a snap election will be called. Now what does that mean for the markets . The nikkei, sorry, the yen hit a sevenyear low of 117. 06 but they are currently up. 92 . Does this mean we get more easing or have a snap election . Or a sales tax hike is delay