Expected to move to trial, the phase one china trade deal expected to be signed at the white house this morning top trump economic adviser larry kudlow joins us first cnbc this hour. And financials are in focus, bank of america beats for the quarter, goldman hampered by litigation charges target shares are plunging. Holiday sales miss on estimates on weakness and toys and electronics. The u. S. china phase one trade deal said to be signed this morning this is what secretary mnuchin said about the agreement earlier this morning on squawk. We need to put together very significant laws to change rules and regulations and made strong commitments to our companies there will not be forced Technology Going forward thats a big win for our technology companies, businesses and American Workers we look forward to learning more in the wake of this signing. Jim, mnuchins appearance this morning brought us something new, the notion of phase 2a, phase 2b, phase 2c, so stories evolving rapidly i think
Checking with equities on the cpi print really playing out in some senses. Its a bit of a core reaction to it by equities, but tech dragging the Hong Kong Market down, in particular. That is the yuan at the bottom of the screen. Trading the onshore yuan. Theres a look at chinese or should i say, Hong Kong Markets and tech as well. Yvonne its not just the yen against the dollar, we are watching most of these majors, especially when it comes to the euro. The end this weakest than stew thousand eight against the common currency. We are eyeing 145 for dollaryen right now. Joining us now is our effects and rates strategist, michael wilson, with more. We are getting close to those intervention levels now. Are we really focusing on this now . Are we likely to see anything . Michael good morning. Just above this 145 level, i would think not. I think we have to Venture North of 146, 146, 148. It would have to be done in quick fashion to get the ministry of finance hot and bothered. The way that
Property belonging to the public. And not subject to the particular Decision Making of any particular justice when he or she leaves the court, and when you ask what access means to me, everyone that responded in terms of extreme particularity, i wrote some statistics down. My wifes grandfather was a friend of Justice Douglas and we discovered when he passed away that he had a number of letters from douglas and we were kind of trophy hunting going through the papers and seeing the stuff. So i looked it up online to see what i could find out about the papers of Justice Douglas and where they were. And, of course, you go to the Supreme Court website and immediately send you someplace else because its not the kind of thing that they are collect and gathering, although they should. As you make your way through a number of other websites, i found with great particularity great information about the papers of Justice Douglas, which i will share with you. Theyre at the library of congress. The