The opening 20 minutes or so from now we are positioned for a higher stock market at that 9 30 mark europe has been open for some time and over there it is also been largely a positive day so far. You can see germanys dax of course and france the best performer. The 10year note yield so much of a focus yesterday as it same close to the 2. 9 not sure we ever got there were above it now thousand. Yesterday we flowed 2. 89, 2. 915 and stocks dont see particularly concerned wti is down though, higher than it was this time yesterday this morning stocks are looking to extend their daily winning streak, five all three indexes gained more than 1 yesterday shrugging off the stronger than expected cpi after what was a sharp decline early in the session and inflation data out this morning shows Producer Prices rose. 4 in january. That was matching forecast now the core rate minus food and understand also up 4 . That was twice what many economists had been expecting. What a difference a day makes.
Davos keynote. We will take you live at 1 p. M. London time. And some like it hot. Mario draghi says the euro area is firing on all cylinders. Hes not going to get in the way. When does the first hike come . The cognitive Monetary Policy is still required. Matt we are less than half an hour from the european open. We are looking at gains across the board. Futures up to 10 stash. 2 . In cace strong gain futures and euro stocks. You can see this is a threeday chart. You can see the big spike there. Now coming back down. Still at a relatively high level. Coming off the highs we had previously seen. Guy european equities would generally lower. Equities saucer from sweden to denmark to norway. The nordics didnt have a great day. The kiwi trading down by. 7 . The aussie dollar, the norwegian krone, the swedish krona, yes there is a relationship. Day for the dollar and for the single currency. Lets talk about lets happening elsewhere. We could be about to head for the first negative week for
Loss overall to the quarter. The stock is trading higher in the market, up over 1 as you can see there. Heart,me karen it will who covers g4s. Ge for us. So it comes back to power. Margin, 2. 8h a 3 percent, which was totally surprising. Sales were down 15 , really bad. Voters are down 25 , so this will continue. The order of magnitude is worse in terms of profitability. David when you we knew they were struggling with power. Is this worse than what the market expected . , 6 operatingy 5 margin was expected and we got 2. 8 , so not awful, but not going in the right direction. And that is the big ugly, nobody knows how bad it is going to get, and it is the biggest business for ge. So what does this tell us about plans going forward, spinning things off, consolidating . Does this bad performance point in a new direction . Karen i think they have already laid off 18 of the people. They will need to do more on the cost cut side there. Were worried about a goodwill writeoff. I do not think
Feared trapped under the rubble in duma and protests against the president calls for the guatemalan leader to resign over corruption claims and i have all the sport. Usain bolt is officially the fastest man in the world. He was not the favourite but was good enough to win a third title in the 100 metres. We begin in lebanon where one died and several others wounded during antigovernment protests if the capital beirut. Clashes are ongoing in the lebanese capital with Security Forces using tear gas and live ammunition. More than 30 officers have been wounded. Some are in a critical condition. Its the worst unrest in a month of demonstrations triggered when rubbish began to pile up on the streets. As lebanons economic crisis deepened, the Prime Minister warned it could become a failed state and hind hinted he might step down. Do you know in the future we may not finance our debt and it may lead to our country being classified as a failed company. All this i will put on the cabinet next we
With that in mind, starting on my immediate right. Senator Joseph R Biden junior of delaware. [applause] please, we save time for the candidates to speak. Former Arizona Governor bruce babbitt. [applause] jesse jackson. [applause] Massachusetts Governor michael dukakis. [cheers] junior of albert gore tennessee. [cheers] misery covers been richard gephardt. And illinois senator paul simon. ] may have remind the audience these men are restricted to a minute and a half of time and if you apply the they will have less time to express their views. Director canal, farm of km a radio in shenandoah. George riley managing editor of director ofnews kagan ss radio in sioux city. The official timers are john delight and phyllis sherman. The ground rules for the audience for this nonce partisan nonpartisan debate, no carefree no campaign her yet, no applause until the end of the debate, interruptions by resulting your candidate being deprived of that much time. We ask you please remain seated durin