Reporter the final evidence taking session will go to the witnesses now but first identify yourself for the record. Im a member of the british your campaign. A member of parliament. Thank you very much. Let me explain how were going to stretch of this. I invite each of you to make an Opening Statement no more than 500 words. Then we will put questions to each of you and give ten minutes into which to do so. Then at the end i may invite you to make very brief remarks and comments on things you may have heard in the session. So we can begin so we can invite you. Thank you very much chairman. I would begin by congratulating the committee on the nature of the meeting. I think it is probably the first time the s p and conservatives have joined platforms in support of this particular campaign. If its successful, time will tell. We are speaking in personal capacity, perhaps i should save to the committee where im personally coming from. Historically i have found it difficult to be at either e
Point trading range from top to bottom. Sglefr single trading day this year as youve said. Incredible were up 261 points. We should remind everybody in case you missed it this morning or some hugh a historic day. European central bank decides it will launch quantities taitz difference easing. Japan was first back in 2001. The u. S. Followed suit. Now its europes turn. The baton is being passed and markets are rewarding it. Say with us for a closing bell exclusive, david mckay in his first interview since becoming ceo. Much to speak with him about. Of course moved today by the European Central bank. Also canadas surprise rate cut yesterday. And they make a huge acquisition. National city bank today. He will tell us about it and their plans for the u. S. Denmark cut overnight by the way. Another surprise rate cut. Exactly. They have to respond. Its a cascade. A race to the bottom as it were. And when it has a gate at the end of it you know its big. And the nfls deflategate is now hit thi
Coalition steps up the air strikes on yemen ahead of a ceasefire. Central African Republic warring sides lay down their weapons. We examine the challenges to peace. The race to repair nepals heritage sites left in pieces after the earthquake. Later in the program we have sports including highlevel talks in spain. Theres lee wellings in the spanish capital there. Hello there. A very warm welcome to the news hour. We begin with the growing problem of people smuggling and trafficking, which is increasingly urjt for governments in europe and asia. We look at those rez could youed off the coast of indonesia and malaysia. The European Union has asked the u. N. For help. Its seeking a main date allowing military action to destroy smugglers boats in libyan waters. Almost 40,000 migrants have reached greece and malta by sea since the beginning of the 2015. Its a huge increase from last year. Addressing the u. N. Security council, the eus Foreign Policy chief asked for help to help those across
Currency markets, sterling is on a tear against the dollar. It is against the aussie. As i show you over the past five days, you understand the momentum that you have in sterling. We made it above the 155 level earlier. Lets get these stocks and Industry Groups that may see a move. Deals will get done. How many deals will get close today in london . The builders are going to benefit from this continuation of government. That is the theme, equity markets, the United Kingdom, the strongest growing economy in the g7 will continue on the policies. The banks have yet to open. Will lloyd hit the top of a political agenda . Will be chancellor go for a sale of more of lloyds this year . When will he do that . No opening prices as of yet for banks. Utilities again, the whole point is under the labor proposition within the Utility Space was there was going to be priced caps on controls. That potential risk has dissipated somewhat. United utilities is up, seven trent is up. I want to show you vol
The changing of the guard alibaba. The company having its best day since the company went public but will new blood help turn the stock around for the long term. Well ask that question. New developments you just heard in mcdonalds plan to turn itself around. Yes, kale is part of the idea. The new ham burglar. Even james franco has been weighing in on the role mcdonalds played in his early career in life. Cant wait to learn more about that. We are watching the markets though with just an hour going into the close. Stocks are near session highs. They opened in negative territory this morning despite the fact that jobless claims came in near a 15year low. You are looking at the dow up by 109 points. S p up by 10 points. Good for. 5 prp the . Interest rates and the european moves have been a big story. Oil down hard today, pushing transports higher. Lets get to our Closing Bell Exchange today. David kudlow from Mainstay Capital Management back with us, cnbc contributor Heather Hughes from