And Lisa Abramowicz. Jonathan this is bloomberg surveillance, on tv and radio, alongside tom keene and Lisa Abramowiczs Annmarie Hordern. The s p 500 is negative by 0. 3 . Under surveillance this morning. Boston fed president Susan Collins saying the rise of longterm yields surprising tightening financial conditions and persists which reduces the need for further Monetary Policy tightening in the near term. That is where our focus begins. Lisa a what we saw yesterday in the market did not have to do with fed speak with an auction that did not work well. There is a question of whether the fed has lost control of the narrative. Then speakers can keep coming out. We heard from Patrick Harker today. They have lost control of the market is what sign around with what they perceived to be inflation. Jonathan it is easy to blame inflation but they came in soft. Annmarie they will point the hands at congress for a number of reasons because they dont have a speaker. When you look at what the Con
, one of the three softer currencies against the dollar. I wanted to follow the tech selloff. Nasdaq futures are down again. 7 . We have seen that industry continue. Lets get an update and wants making headlines. Emma chandra is here. Am it there is a turn in the tax bill debate and Republican Leaders are scrambling to save the bill. Mitch mcconnell sent lawmakers home last night. They are looking to offset the cost of the measure. While republicans are asking the tax cut not drive up the nations debt. The price of oil is rising after opec will keep production curbs in place. Libya and nigeria have joined the agreement. Opec and allies like russia are trying to reduce global stockpiles. Oil prices are up 20 since september. Parties on both sides of the irish border issued are refusing to compromise. They are trying to deal with the hard border. The eu will not let trade talks continue until there is an agreement. Global news 24 hours a day powered by more than 2600 journalists and anal
Teleconference releasing results of the Fourth Quarter ceo outlook survey. Finally today, the International Olympic committee will meet in switzerland to decide on russias per dissipation in the 2018 games and south korea. Their decision is expected at 1 30 p. M. Alix that will be interesting. David there is a drug thing going on. Alix i would like to be a fly on that wall. Top stories this morning with first take, Deutsche Bank, tax reform and brexit. Joining us is the editor in chief of Bloomberg News and our chief content officer. Marty, what is Robert Mueller trying to ascertain with a subpoena . We do not at the question of the relationship between Donald Trumps businesses and Deutsche Bank has been subject of inquiry ever since he became a president ial candidate. Totsche bank has refused comment on the relationship, but now he has turned over documents to Robert Mueller and the thought is it is the relationship between donald trump and russia and whether those loans had any conn
A warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im Contessa Brewer in for sara eisen this morning. Great to have you with us we begin with breaking news out of alabama nbc new projects doug jones the apparent winner that States Senate race. Jones defeating roy moore. Its the first time in more than two decades that a democrat flipped a alabama seat moore has refused to concede saying its not over President Trump who endorsed roy moore seems to think its a done deal the president tweeting congratulations to doug jones on a hardfought victory. The writein votes played a big factor but a win is a win. The people of alabama are great and the republicans will have another spot at this seat in a very short period of time. It never ends. So quite conciliatory from him, maybe thinking he needs to work with jones in the future and knowing another election is going to come. And we know the president likes winners. But he doesnt like losing himself. The crucial thing in the shortt
Recovers. No one knows why. The question is was it all the algos . Emma chandra is here with first word news. Vladimir putin will have one less opponent in march. Russian officials formerly formally barred the Opposition Leader from running because of a conviction in a fraud case which has been viewed as political retribution. He could have run if his conviction had been canceled. A Spokesman Says the kremlin is concerned about the possibility the u. S. Might extend sanctions against russia. That took effect in august calls for the treasury to compile a list of business asders of the Companies Seen close to the kremlin as potential targets for sanctions. Last week the u. S. Added the names of several prominent russians to the list. Almost a year into Donald Trumps presidency the border wall he passionately promoted throughout his campaign amounts to eight prototypes. No more than 30 feet long each in the desert outside san diego. No funding has been appropriate by congress to advance t