A very warm welcome to the program. This is counting. Waitingm london, we are for a host of corporate earnings this morning, particularly from corporate spirit we have been asking for a couple of days now when we will see markets adjust expectation. We heard a lot of hawkish commentary over the recent weeks, we got our answer. Fed a show you what the fund reaction was the reaction, we have a chart that shows that for you. Last night in the minutes, they said that depending on growth and the labor market and inflation, judging appropriate to increase rates in june. This is a chart we saw in terms of the fed fund futures. The function on the bloomberg, adjusted very quickly. Hike in 4 of a rate june on monday. And now we are 32 . A big adjustment. Let us go to the risk radar next. Tell you what has been happening overnight in those markets. This is all linked of course. 2 10 of aex of percent. Up in yesterdays trading session, near a sevenweek high. Speculation about a june increase in r
For heart surgery. He was 87 years old. Renewed concern about Deutsche Bank, lowest level in 24 years, reports say that Angela Merkel ruled out any governments help to german lender. That is setting tone for markets this morning. Take a look in the the u. S. Stock market futures indicating decline of 100 points. Clearly the Banking Sector among the weakest points this morning. We are going to talk about that and the impact on Deutsche Bank. In europe major markets slumping more than 1 . Big decliners, financials, energy, all down, the cac quarante down. Investors lower expectations over meeting. Plus one local brewery going back in time for tonights big debates, details on recipe that dates back to George Washington. Joining me to talk about it Fox Business Network Dagen Mcdowell, recon capital kevin kelly and pollster lee carter. Good morning. Dagen hilarious. Maria expectations for hillary, people expect her to know policy really be strong and good debater . Dagen i dont know, im alw
About the potential market impact. Togan stanley says you want buy a dollar papal calls that. David i dont think people are taking donald trump seriously, and its really getting narrow. Jonathan do you just go to cash in setback and we do see what happens . If you could pick a winner at this point, what happens after . Theres no consensus. David it also have to do with congress, whether it is split or unified. Alix we will follow this through the next three hours. And the one event oil traders have circled on their calendars, wednesdays informal opec meeting in algiers. Francisco blanch and Vice President of ihs dan juergen. Starting off with the markets, is decidedly risk off in the debate tonight. You may look at equities and europe. The banks of men actually hammered and the flashpoint is on the dax down by 1. 5 in frankfurt. The biggest loser is Deutsche Bank. Another record low for the biggest bank in germany. Some speculation on what that means to the bank Going Forward. Are we r
Good morning. Welcome to Worldwide Exchange on cnbc. Im wilfred frost alongside Morgan Brennan this morning. Good morning. Good morning. Congratulations on being halfway through a busy newsweek. Were not until were halfway through the show today. Almost there. Almost there. Lots of news to cover. Lots breaking in europe on Deutsche Bank. Headlines on wells fargo. Sara not here this morning. On assignment in chicago. Shell bring you an interview with imf head Christine Lagarde, 11 45 a. M. Eastern time. Sara with Christine Lagarde, talking about the woes in europe with the imf cheap. Lets check in on what markets are doing. A decent risk on rally yesterday, around three quarters of 1 of gains for the main indices. The nasdaq better. Of the s p 500 sectors, most were positive. Tech the best, utilities the worst. It was traditional, the exciting sectors do well, the boring sectors less well. This morning we expect that to continue. The dow higher by 31 points. Lets look at the tenyear tre
David this is not the first time mr. Krein has not thats had to come out mr. Cryan had to come out and say we are ok. Alix it is not a liquidity issue, it is a confidence issue. That will be a key point. David we have a lot to talk about. A terrific guest to help us. We are going to be speaking live with Stephan Engels. Plans to cut almost 10,000 jobs and suspend dividends. We will be joined by steven ratner. By steve rattner. The place for the record the race for the white house. First, jonathan is here with the market. Jonathan features here in the United States, a little bit with, but the spillover the ftse down by. 9 . It it is concerns of the house of Deutsche Bank continues to grow. Deutsche bank down almost 9 and one point. We are negative for on the session so far. Bloomberg dollar index about. 3 . It is risk off and commodities. W ti and brent soft. What we have seen, safe haven bids. Poor Government Bonds perform well. Yields lower right across the curve in germany. Negative