Left candidate the only two options. Two candidates who wanted to take france out of the European Union. We do have Marine Le Pen. And centrist frenchelected macron. Because of those results, you can see the market is picking up a little bit of ground. Again, this is not unanticipated. This is what most people expected would happen here. There is one candidate that would keep france in the eu. Dow futures indicated up by 219 points. S p futures indicated up by about 29. And the nasdaq up by 58. Friday was a down day for the market. But it was still the best week the dow had seen since the beginning of the march. The s p 500 and nasdaq best in two months. Overnight in asia, take a look, japan up 1. 3 . Hang seng higher, 0. 4 . Shanghai composite was down by 1. 3 . In europe, early trading, again, based on what were seeing in the election, we do see stocks across the continent. In france, markets are up by 4. 3 . The dax is up higher. Ftse up in europe and spain also higher. Taking a loo
Even though officials did not exclude the bond buying thing extended. That is what you need to know. David continuing on the top story about the ecb. A many tempora cant a mini tenter hampshire a mini temper tantrum. Gradually tapering away from quantitative easing. We are joined by paul gordon, our editor responsible for covering Central Banks, and guy johnson in our European Headquarters in london. Paul guy, im sorry. I want to go to you. Tell us what the reaction was in the markets over there. Guy the Market Reaction was fairly fierce, to the honest. May of 2013. Be of the market was spooked by thats would have a ecb taper when the Current Program winds down. But the rational heads are working their way through this. Of course the ecb is thinking about a plan for when he needs to wind down, but if you took a look at the latest data, the expectations, in the ecb, the ecb downgrading its projections. The eurodollar rate, but it did not pick up inflation. It is not expecting to meet it
Julie they are considering raisin the stake in this company to 25 . Information. More i just wanted to bring you that headline initially as we get it read as the day goes on, things have gotten more negative. Initially, the read by economists was it was not as bad as it looked on the surface because Labor Participation had ticked up. Seasonally, we see september higher. That is not helping stocks. Stocks have continued to fall to their lows. You can see this on the oneweek chart. Today, stocks were dropping off. 9 10 for p is off weak. We are also watching the bond market. We have seen a muted reaction on the shorter end of the curve. Yields had briefly gone lower. The fed is on track to raising rates once more this year. Now we are going to get more details on that Deutsche Bank story. Written already had that some of the major shareholders and Deutsche Bank had been speaking with the bank about backstopping its liquidity issues. People are hearing from familiar with the plan who decl
Julie they are considering raisin the stake in this company to 25 . Information. More i just wanted to bring you that headline initially as we get it read as the day goes on, things have gotten more negative. Initially, the read by economists was it was not as bad as it looked on the surface because Labor Participation had ticked up. Seasonally, we see september higher. That is not helping stocks. Stocks have continued to fall to their lows. You can see this on the oneweek chart. Today, stocks were dropping off. 9 10 for p is off weak. We are also watching the bond market. We have seen a muted reaction on the shorter end of the curve. Yields had briefly gone lower. The fed is on track to raising rates once more this year. Now we are going to get more details on that Deutsche Bank story. Written already had that some of the major shareholders and Deutsche Bank had been speaking with the bank about backstopping its liquidity issues. People are hearing from familiar with the plan who decl
Julie they are considering raisin the stake in this company to 25 . Information. More i just wanted to bring you that headline initially as we get it read as the day goes on, things have gotten more negative. Initially, the read by economists was it was not as bad as it looked on the surface because Labor Participation had ticked up. Seasonally, we see september higher. That is not helping stocks. Stocks have continued to fall to their lows. You can see this on the oneweek chart. Today, stocks were dropping off. 9 10 for p is off weak. We are also watching the bond market. We have seen a muted reaction on the shorter end of the curve. Yields had briefly gone lower. The fed is on track to raising rates once more this year. Now we are going to get more details on that Deutsche Bank story. Written already had that some of the major shareholders and Deutsche Bank had been speaking with the bank about backstopping its liquidity issues. People are hearing from familiar with the plan who decl