The german dax down nearly 3 today. Futures down sharply following yesterdays fed decision to stay pat on Interest Rates. Most fed policymakers are not ruling out a rate hike by the end of the year, four of them are forecasting an increase in 2016 or later. At yesterdays News Conference chair yellen outlined her case for holding off on a rate hike. Light of the heightened uncertainties abroad, and the slightly softer expected path for inflation, the committee judged it appropriate to wait for more evidence including some further improvement in the labor market to bolster its confidence that inflation will rise to 2 in the medium term. Jim, some video of you as the decision was coming across the screens. You were excited. Because you did not want them to hike. Now everyone is worried about what theyre calling the third mandate, somehow the rest of the world is driving our Monetary Policy. What i like about it, carl, its over with. We can focus on companies doing well and buy their stock
Rates by a bigger than expected 50 basis points. Two president s, two messages. Barrack balm ball and Vladimir Putin hold discussions agreeing that the syrian conflict needs to end but disagree over the rule of the assad government. Lets remember how this started, assad reacted to peaceful protests by escalating repression and killing. We need to admit that nobody in reality is fighting islamic state. Good morning, everyone. Quick check on markets. Stoxx europe 600 is lower and one sector bouncing back today is basic resources and that is really driven by glencore. The stock was up by more than 5 . Well talk more about that during the trading session but too i want to show you what happened in the u. S. Markets overnight. We saw sharp, sharp falls once again. The dow off by 1. 9 . S p 500 off by 2. 5 and the nasdaq falling 3 . Lets look at european markets and how theyre doing. Xetra dax off by 0. 6 . One of the big determine nanlts of how the ftse is doing is glencore. We saw many of
Now. Good morning and welcome to Worldwide Exchange here on cnbc. Wall street waking up to a world of worry again from china growth fears to investors here at home. We have it all covered for you. Its so good that youre here with Global Investors on high alert. All the threats right now coming internationally. Geo politics, economics, you name it. Its great to be here and discuss it but the real expert is coming up which is special guest Peter Oppenheimer to add all of his perspective north korea with its First Hydrogen bomb test. It could be the First Nuclear test since 2013 and continuing un sanctions, the White House National Security Council not confirming the test claims just yet but in a statement a spokesman called on North Carolina to abide by its International Obligations and commitments. The Global Market on edge as the situation does of course add to already existing geopolitical uneasy. U. S. Equity futures under pressure. Theyre down to the tune of about 20 points the s p.
The main stadium for the 2020 olympic and Paralympic Games in tokyo. It aims to pick a winner later this month. And last dance. French ballet star guillem is ending the final world tour of her czech cades long tour in tokyo. Pu denies charges of insighting social unrest. A ruling is yet to be announced. As one of the 1989 Tiananmen Square leaders, authorities detained him in may last year. The charges relate to comments he posted online that were critical of the governments policies on tibetan and uighur minorities. His lawyer says he admits to posting his views but denies trying to provoke trouble. Outside the Courthouse Police pushed away dozens of supporters as well as foreign journalists. Police also tried to prevent foreign diplomats from making statements. We urge chinese authorities to release mr. Pu. The u. S. Diplomat said human rights activist like pu should not be subjected to what he calls continued repression. Japans Sport Council disclosed two technical proposals for the
Anna a lot to talk about. Manus the market has moved. There is a lovely line in our story. This trying to find was the close of business at the end of december. The market was saying 52 probability of another rate hike. The line in the story is about a soft backpedal. They are monitoring the economy and discussing the implications for the labor force and markets. Anna it was a fine line they had to walk. If you look at whether they spooked the market, it rallied well stable itbating how was. Weakness in the chinese session. one thing that caught my eye, dollar volatility. It was the least a volatile session in the dollar against 10 currencies and since june, 2014. All eyes down in terms of volatility. U. S. , 15. 1s in the we will talk to our guests against about that. Manus one of the biggest pharmaceutical companies. Iny delivered the 5 rise terms of the sales. This is on a exchange basis. Of other lines, the dividend comes in at 8. 10. The estimate was 8. 40. A little bit more conce