Eurodollar, 1. 20 two. A lot of the conversations today will focus on the dollar. Im looking at gold for a second day, down a touch. Coming up on bloomberg surveillance, we talked doing business in italy and natural gas. Later on, we also speak with margaret from the World Economic forum. She joins us to talk global risks. Plus, janet henry talks trumps first year with us. She the global chief economist there. Lets get to the bloomberg first word news. Heres nejra cehic. Nejra the u. S. Secretary of state offered a sobering assessment about the possibility of war with north korea. Madeillerson said advances the situation very tenuous. He was speaking in vancouver, where top diplomats gathered to explore new ways to enforce sanctions. North koreans know our channels are open, and they know where to find us. But a sustained cessation of threatening behavior is necessary indicator of whether the regime is truly ready to pursue a peaceful diplomatic resolution to the Security Threat it has
The Italian Economy grew by. 2 . The estimate was. 3 . France is stagnating and germany missed. Francine has had a little bit of an impact on euro dollar. Breaking news from greece. The government there is to request a confidence vote after talks concluded with the countrys creditors. Anchor it will follow a pame. To the e. C. B. Lets get straight to mark barton at the breaking news desk. This is a series of events that we thought might happen. Who brought this confidence vote forward . Mark yes, the vote passed. A majority of more than 151. Big majority. Hence we have the confidence vote after august 20 which as we know is the day that greece owes the e. C. B. Money. It needs that money to pay the e. C. B. So were in the quite there yet. Thet is just another day on calendar on top of a lot of dates in the next few days starting with the euro area finance ministers meeting at 3 00 p. M. In brussels. Lets remind our viewers what happened. Lawmakers approving that bailout that may unlock
Cheryl so where is the money going on wall street . Well, right now its flowing into banks. Financials are flexing their muscles once again, taking stocks to a fiveyear high. Hello, i am cheryl casone, it is the last hour of trading, and the countdown to the closing pell begins right now. Good news overseas leads to buying in the u. S. Chinas exports jumping more than 14 in december, providing more evidence that growth is accelerating. Stocks are off nearly the highs, but partly in the green, we are near session highs. The dow up 68, s p higher by almost 9 points as you can see on your screen. Now to those financials, this is the group it is a leading the pack right now, especially one stock. That is bank of america. Take a look at bank of america, 11. 79, this is one of the dows best performers right now. Investors have also plopped money into shares of Goldman Sachs and Morgan Stanley. Take a look, Morgan Stanley up almost more than 4 . Jpmorgan chase winning as well. Fireworks have
friends first you will hear from the boy s father who says race may have been a factor. a weather alert in texas. overnight a tornado touching down near san antonio. take a look at the screen. we slowed it down a little bit so when the lightening strikes you can see the twist in the distance. there are reports of people trapped in their mobile home. several parts of texas are under a tornado watch. maria molina coming up in just a minute. three children and a rabbi. the killer opened fire and set off on a motorcycle overnight. the gunman may have filmed the attack. one of the guns used was the same one used in two separate deadly attacks last week that left three paratroopers dead. they fear he might strike again. the terror alert has been raised to the heist level. the budget battle begins all over again today. that is when paul ryan unveils his 2013 budget. ryan wants to spend $19 billion less than the limit congress agreed to last year. he also wants to simplify the
zimmerman. he has not been charged. he told police he fired in self defense. they have no evidence to refute his story. coming up later on fox and friends first you will hear from the boy s father who says race may have been a factor. a weather alert in texas. overnight a tornado touching down near san antonio. take a look at the screen. we slowed it down a little bit so when the lightening strikes you can see the twist in the distance. there are reports of people trapped in their mobile home. several parts of texas are under a tornado watch. maria molina coming up in just a minute. three children and a rabbi. the killer opened fire and set off on a motorcycle overnight. the gunman may have filmed the attack. one of the guns used was the same one used in two separate deadly attacks last week that left three paratroopers dead. they fear he might strike again. the terror alert has been raised to the heist level. the budget battle begins all over again today. that is when