Hello, good morning. Iam Annita Mcveigh and welcome to bbc newsroom live. The us director of National Intelligence has rejected suggestions made by donald trump that Official Agencies Leaked claims russia had Compromising Material on him. In a statement, James Clapper said he had called the President Elect to say the information had not come from the us Security Services. Meanwhile the bbc understands the ex mi6 officer who is believed to have prepared the memo containing the unsubstantiated claims is now in hiding. Christopher steele, who runs a london based intelligence firm, is believed to have left his home this week. Our washington Correspondent Laura Bicker has the story. Donald trumps not a huge fan of the press corps, but he had a message to send to the media and to Us Intelligence agencies. He believes they leaked unsubstantiated allegations that his Election Team colluded with russia. It is all fake news, it is phoney stuff, it didnt happen. There are also claims that russian
Its assertiveness in waters in the region. The issue in the South China Sea is linked directly to instability and is concern to the entire international community. Chinas recent build up increased regional tension. The philippines and other countries have overlapping claims there. On bilateral cooperation abe proposed setting up a joint committee to ensure Infrastructure Projects in the philippines effectively. He also offered to share japans facilities in rehabilitation of drug addicts. His tough stance has been questioned by human Rights Groups and members of the international community. Abe will also travel to australia, indonesia and vietnam for a six day tour. He is expected to highlight the importance of free trade deals. It will be less and less likely that the Transpacific Partnership deal will happen. The incoming u. S. President said he will pull his country out. Abe also hopes to bolster security tie with the countries. Donald trump gave his first News Conference as u. S. Pr
Good morning, guys. This postelection rally goes from strength to strength. The dow and s p are in record territory inching higher. Are we setting up for an all in, all go rally like the summer of 2016 . Our guests joining us now. A cnbc exclusive outlook for 17. John, waugh us throulk us throu think 17 is going to look like and specifically if all this enthusiasm about equities is transferring to a macro view. Certainly it does. Always good to start off a morning with a little eric clapton, but the market is a leading indicator. What the market and the yield curve are saying is were walking through a door of opportunity and certainly the equity market makes it easier to finance deals and make a lot more financial activity. I think peoples expectations for tax reform certainly have made an opportunity for greater Economic Growth. As far as our outlook goes, business equipment, Infrastructure Spending is improving in the year ahead and Consumer Spending really solid. So, yes, Financial
We are getting breaking news. Eurozone pmi Manufacturing Service figures. A touchhanged at 53. 1, below estimates, but not by much. Manufacturing pmi fell to 51. 5, also lower than expected. We were expecting 51. 9. Remember, anything above 50 still means we are in expansion, however we are seeing a little bit more of a fall than was expected. This is the picture for eurodollar. Weve had a lot of currency moves, as a lot of central bankers were in japan. You can see eurodollar 112. 14. This is. European stocks falling. 19. E oil, 48 it data briefly sink below 48. Emergingmarket shares extending the rebound we saw on friday. I also want to show you bayer, making an unsolicited 62 billion allcash offer to acquire monsanto, as shareholders worry about overpaying and valuation. Lets get to the first word with nejra cehic. Nejra thanks. The u. S. Economy should be solid enough to merit an Interest Rate increase this year, and the central bank wont cave to political pressure to refrain from