The brokers still love apple. The stock remains on most out perform lists. Coming up on the program. S p cuts brazils Credit Rating. Also the case against a rate hike is at its most compelling. Find out why he wants the fed to wait. We break the latest results later on. Something new today. New hair cut . It is a very warm welcome to london, susan. Thank you. Its good to be here and great timing to be here. Whats happening in asia and how its effecting global markets. The last month or so has been the most crazy. As you say, the real spark for this correction is china. It has been about china and what theyre going to do with the policy response. Do they know what theyre doing at this point. People thought whats happening in one corner of the world we dont really care. We dont just have china but the fed. Theyre saying please dont hike and then the emerging market chiefs, some of them saying i think the fed should hike. And japan, the biggest points gain since 1994 we saw yesterday. Its
One was anticipating. You know the Central Banks are good about telling the markets what theyre going to do in advance and when that doesnt happen you see swings like this. The Swiss National bank coming out with its news saying it was going to delock the swiss franc from the euro. Since 2011 they had been tying the currency cap in 2011. Swiss national bairng was saying you had to have 1. 2 swiss francs to the euro. They let that go unexpectedly. Moved 30 . Basically 120 euro. 120 swiss francs to the euro. Yeah down. 86. Right. Its complicated stuff and theres a lot to get your head around but this is a massive move. Weve never seen a currency swing like this before. It was also the u. S. Dollar we saw the swing against because the dollar was high against the swiss frank because it was tied to the euro. When they let that go it was a massive snap. So it had been that they were benefitting by being tied to a weak euro but it wanted to go much higher and obviously i want it wanted to go
And now i realize why people live there. Why do we live in the northeast . It makes no sense. Because of jobs. Good morning, g20 finance ministers are gathering in istanbul turkey. Here at home the employment market front and center. The Labor Department will release its latest job openings and latest Turnover Survey the jolt survey at 10 00 a. M. Eastern and on the earnings front dow component cocacola is among the names set to post Quarterly Results before the bell that means this morning and Pay Attention to currency as well. Well see how Unfavorable Exchange rates may be impacting cocacolas business around the world. Lets also tell you some stocks to watch this morning. Qualcomm agreeing to pay 975 million to the Chinese Government. This settles a 14 month long probe into alleged anticompetitive practices. The second gaps january same store sales decline 3 . Its a bigger drop than expected and that was above wall street consensus and then aeropostale shares soaring on the boost. Fo
Terrorists stand for. They have nothing to offer but hatred and human suffering. We stand for freedom and hope and the dignity of all human beings. Thats what the city of paris represents to the world. And that spirit will endure is for ever after the scourge of terrorism is banished from this world. [applause. ] i am at knoxville not only because i just like knoxville, but i am here today because one of my resolutions is to make sure that folks across this great country feel like they are coming back there is no doubt that the steps we took early on to rebuild this foundation and put it on a new Foundation America is coming back. [applause. ] president bush president bush president bush i am not running for office anymore. So let me just present the facts. I promised that 2014 would be a breakthrough year for america. This morning, we got more evidence to back that up. In december, our businesses created 240 new jobs, our Unemployment Rate fell to 5. 6 , which is the lowest in six and
Democrats alike to prove we can regain the trust of the American People. Rose we conclude this evening with markus roberts, the great pianist. The biggest difficulty in jazz is while you are playing, you need to be able to have a mind that can still comprehend what other folks are trying to do. And even though you might not like what somebody is playing, you have to make it sound good and not get in the way with your individual agenda. Thats what makes jazz more democratic in terms of relating to the principles of our country because we ultimately have an individual agenda and perspective and approach but we have to try to put it inside of a shared common purpose. Reportsrose marco rubio and marcus roberts. Funding for charlie rose is provided by the following additional funding provided by and by bloomberg, a provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Markco rubio