Maria and we kick it off with Global Markets lets taken a look at european indices a selloff there as well. S p 200 down 250 points right now and paris down 165 and dax index in germany lower by 362. The European Union announcing the closing of its borders for 30 days to slow spread of coronavirus. In asia is overnight markets started with early rally on heels of wall street rally but then reverse course to finish in the red. Take a look at these numbers you have all of the major down better than 4 as you can see, the nikkei and japan and shanghai and composite 1. 8 and then theres oil. Oil prices tumbling touches levels not seen since 2003. As price of oil between russia and saudi arabia wages on demand is dropping oil prices right now at 25. 40 a barrel havent seen those numbs in quite some time. Check treasuries and yields right now on tenure treasury rising this morning once again, it is back above 1 . Tenure now sitting at 1. 8 that is up ten and a half basis points. The coronavir
Davos keynote. We will take you live at 1 p. M. London time. And some like it hot. Mario draghi says the euro area is firing on all cylinders. Hes not going to get in the way. When does the first hike come . The cognitive Monetary Policy is still required. Matt we are less than half an hour from the european open. We are looking at gains across the board. Futures up to 10 stash. 2 . In cace strong gain futures and euro stocks. You can see this is a threeday chart. You can see the big spike there. Now coming back down. Still at a relatively high level. Coming off the highs we had previously seen. Guy european equities would generally lower. Equities saucer from sweden to denmark to norway. The nordics didnt have a great day. The kiwi trading down by. 7 . The aussie dollar, the norwegian krone, the swedish krona, yes there is a relationship. Day for the dollar and for the single currency. Lets talk about lets happening elsewhere. We could be about to head for the first negative week for
The central bank raised the fixing rate less than anticipated. Tweeting for jobs. He may not be president yet, but donald trump is moving forward on creating jobs by tweeting about Companies Making things. Today, it is toyotas concern with mr. Trump threatening a border tax. That is what you need to know. Jonathan thank you. Todays job reports is julie hyman over in a d. C. Great to have you with us. What are we expecting . Julie let me run up to the numbers. Nonfarm payroll estimates 175,000. Dont applaud the Unemployment Rate is expected to pick back up by 0. 1 percent after a nineyear low in november. Average Hourly Earnings, 2. 8 gain is year after year year over year. 0. 3 . The three big headlight numbers we will be looking. ,lso key is Participation Rate which we have been watching, the Federal Reserve and economists and investors have been watching. It was 62. 7 . The fed in particular as pointed out on the bloomberg, the fed will be looking at the rate for folks between 25 and
Phoenix after being hospitalized. What an incredible career. Aliforeman. Float like a butterfly, sting like a bee. Given the events of the last 24 hours not the most surprising news. He was the greatest, one of the most decorated athletes of all time in any sport. He was a pioneer, author, crowned sportsman of the century. His persona took on a different form as he battled parkinsons disease. Here he is in 2010. He was so respected and he remains the only three time heavyweight champion. He took the belt from an undisputed champion on three different occasions. Muhammad ali gone at if age of 74 and he will be missed. We shared pictures of ally fore aliforeman. They just fought in africa, that was the ropeadope thing, and ally beat him. You look back on ali. You think ali and Howard Cosell. I remember having discussions like this when Howard Cosell passed away. Hes an athlete that trance cnns his time but his sport transcends his time and his sport. He was an activist. He went to help f
Salvog firing the latest in the smartphone wars, unveiling its galaxy s7. Virtua reality is the new growth partner. Follow me on twitter. Dont forget to include the hashtag as well. Stocks having a little bit of a bounce. Rally the biggest weekly in four years. Japan reversing declines. A lot going on. Heresnne yvonne. The nikkei off session highs. There could be boosted sentiment in equities. Overall, we are seeing, we are still down 5 this year despite the best week weve had since 2011. We have paired back from the losses, but we are closer to being flat on the regional benchmark. The big news, the head of the Securities Regulator in china, has been removed from his role. The government really taking action here after last months stock market rout, which did lead to that suspension of the Circuit Breaker system. Analysts say someone had to bear the responsibility. We will see how that reaction is. Bankormer chairman of as will now replace him. Hsbc earnings are out later on today. Lo