Tuesday. The major indices have recovered about half the losses they saw on the lows from february 9th. From february 2 chnd to february 9th a big selloff, but weve seen half of that regained lets look at treasury yields. Yesterday the tenyear was sitting at 2. 837 . Once again this morning, tenyear at 2. 84 . 30year at 3. 124 . Overnight in asia, the nikkei was off by 0. 4 . Big gains for the hang seng. Up by 2. 27 . The shanghai was up as well. Check out whats happening in the early trading this morning in europe. Youll see green arrows across the board. The cac, the dax, and the ftse all showing gains of better than half a percentage point. Stocks are higher in italy and spain. Check out the dollar, which set a new low, 15month low against the yen yesterday. You can see that continuing. The dollar down once again, 10 7. 45, the dollar against the yen. Oil prices are actually below 59 this morning wti sitting at 58. 72 brent is above 60, 62. 43 those prices continue to drop. Couple b
The most watched debate in history. Anthony joining us is former ubs banking president robert wolf. He served on three Economic Councils for the administration. Monday the economy was the major focus. Lets take a quick listen to what donald trump said. We have the worst revival an economy since the great depression. And believe me we are in a bubble. The only they can that looks good is the stock market. But if you raise Interest Rates even a little bit, that will come crashing crown. We are in a big, fat ugly Anthony Robert wolf does a lot bubble. Anthony mr. Trump suggesting we of work with president r are in a bubble. Do you think we are in a bubble . I dont. Presidenpresident withpresid. The Housing Market has come off whats it likes to work with the a little and prices are off in president. Some areas 20 to 30 . No matter whether republican or democrat, pinch yourself. The stock market feels a little when you are sitting in the oval office talking about the economy. Its not partis
But were holding down the fort. Japans nikkei reopening after yesterdays Public Holiday and it plunged. 4. 8 . It closed at its lowest level since october 2014. The index is down in seven of the last eight sessions. That is coming as the yen has been rising against the dollar and it comes after yesterdays big selloff in the u. S. This years lowses have erased nearly 1. 8 trillion in value for investors just on that index. The s p is down 10. 5 since the first trading day of 2016. But u. S. Equity futures are rebounding this morning. Part of that is because of firmer oil market. Take a look at what crude is doing. It is bouncing back today following Late Afternoon comments by an opec Energy Minister from the United Arab Emirates that sparked hopes of a coordinated production cut. And though weve heard this story before and havent gotten anything out of it, the markets are interpreting that as a positive. Wti he crude currently up nearly 4 . 27. 21. Brent is sitting above 31 a barrel, up
Cnbc. Its good to have you here the. Busy market overnight. Global markets are crazy. We have one trading session left on the woke. A second down week in a row. Are we learning anything beside hes more doom and gloom . Not too much other than the Global Markets seem to be driving everything. Its all about yell. Which is why youre going to learn today that Worldwide Exchange is the most important show on this entire network. Happy to have you here. Investors are now lost, to my point, nearly 1el 8 trillion this year. The s p 500 down 10. 5 since the first trading day of 2016. Lets see how todays trading session is shaping up right now. After u. S. Equities did close lower yesterday, but way off the lows, perhaps it was a turn around in oil on some opec rumors. Either way, were looking at a rebound on this early friday morning. 111 is how much dow futures are up at this hour. S p futures up 15. Nasdaq futures up 41. Aside from the oil rumors that did happen in the arch, it happened just
Screeria nigeria. Discussion on the use of diplomacy in regions of conflict. The center for strategic and International Studies today looked at the priorities for congress and the white house when it comes to u. S. Policy in the Asia Pacific Region. Topics included u. S. Relations with japan and china, Upcoming Elections in burma and taiwan. This is an hour. Good morning, happy new year. Happy year of the sheep. Im mike green, Senior Vice President for asia. Thank you all for coming on what is probably the first day of work for a lot of people, including, i think, most of us. Tomorrow Congress Comes into session, and we face a new world in washington. A republican congress, democratic president and so far, on issues from immigration to cuba policy there are signs that the new congress and the white house are going to be colliding with each other, politically and over policy. What we wanted to do today and in the short report we have produced is spotlight one area where bipartisan coope