David and how is he going to pay for it . The United States is a little bit behind the u. K. They are on their second female Prime Minister. Alix glaxosmithkline ceo andrew witty and tom fanning will join us to break down all their earnings. I turn to you and say it is all about fx. Jonathan what captures risk sentiment that are then dollaryen in the fx market . Tn back with a 105 handle. Firmer, apple helping do that in the United States, and equities firmer in europe as well. Fifth straight a day of losses for crude, down 244. 37. Down to 44. 37. You might forget that today is fed day. A lot to discuss. Alix what matters more, the boj or fed . Lets check in with our Bloomberg Team for indepth coverage of all of our stories. Carl riccadonna on the fed as it wraps up its policy meeting as well as Matthew Cantor men on in europe aschael Deutsche Bank signals deeper cuts, and megan murphy in philadelphia. Jonathan lets begin with coverage of global Central Banks. We will have a more inde
Cramer. You can see the dax, which is not having a great year is up. France and the ftse is down ever so slightly. 10year note yield and wti right at 50 bucks and brent a bit above that. The yield at 1. 854. Lets get to our road map this morning. It begins with more painful retail. Were going to break down all of the big earnings that are out this morning on that front. And is the ipo market back . There are Six Companies making their debut today. U. S. Foods we just mentioned here at the nyc, set to be the second largest initial Public Offering on the year. I think Mgm Properties will be the largest still. And what role will apple play in the future of television . The deal, i dont want to say it, were going to talk about this fun story. Its fun. Its never going to happen. Kim jong jim if you havent seen that one. I dont think of you as the fearless leader. No, and i havent spent a lot of time with Dennis Rodman either. Crude surpassed 50. Stock futures also up following on the gains
And well tell you if this is the next notouch sector for the rest of the year. First, the story of the day is shares of Deutsche Bank falling on a report that hedge funds are pulling their money from the beatendown bank through their prime brokerage accounts. Shares fell to an alltime low. Financials went down along with it. The question is simple. Is this shades of 2008 all over again or is this simply a problem with Deutsche Bank . First we want to go to kate kelly. Reporter melissa, good to be here. A number of issues plaguing Deutsche Bank, starting with the report that ten hedge funds were removing capital from the bank, presumably from their prime brokerage accounts but also through their derivatives positions that they had on. Bloomberg mentioning three specific names. I can tell you now, ive spoken to someone familiar with the matter at capula investment management, a European Fund managing 14 billion. They are definitely reducing the capital they have at Deutsche Bank, accordi
[laughter] im with people who think that. Good morning everybody. We want it start out with a warning about kids and drugs. A new study says almost one in five College Student abuses prescription stimulants. Younger kids are also using them. These are medications that are used for adhd or attention Deficit Disorder which is a common diagnosis. Many think this helps them some use it for Recreational Use as well. Dr. John duffy joins us with more on this alarming trend. Thanks for being here. Always good to see you. Cool tie i just noticed that. Lets talky talk about your. Its pretty cool. This is perfect for adhd. We were just talking about this on break. Now you know what adhd is. [laughter] undiagnosed. No medication here. [laughter] i think this is one of the topics we were chatting during the break because i was saying a lot of people try adhd medication because they have heard if you try it you will know if you have it, if you, because you will either be able to focus or you wont.
Begins with walmart taking a hit after the company cut its Sales Outlook for the year. The ceo is saying theyre on firm grounds in the United States. Another component on the move, ibm getting an upgrade at Morgan Stanley. Just the beginning ever apples battle for privacy. Number of ceos weighing in, including google. Walmart, a Fourth Quarter, 149, beats estimates, but revenue u. S. Compss to a stronger dollar, store closures and battles theyre fighting in places like brazil. Now, look, maybe they felt like they had to cool expectations. Its just an under promise, i dont know. The outlook, first quarter, 1780, the eps for fiscal year 2017, 4 to 430 versus 17 consensus, revenue flat . Versus plus three or four. Although they say if not 44 in 3 to 4 . Is that an excuse or not . Geez, i dont know. Maybe the 6062, but i think it ran to 66, because there was a whisper there was a turn this corner and not just that it was in line, but a turn. Im a believer of what hes trying to do. But if w