Exclusive deal to debut a film of the pop stars world tour. Good morning, everyone. Were roughly 1 15 into the trading session and this is what youre seeing. Youre actually seeing green. I guess very few people had expected this after the poor showing that we got after the asian trading after the big dropoff from u. Is the dropoff on friday. The dow was off 3. 3 . The dow off 4. 1 for the week. The ftse 100 off of. 5 . The xetra dax up the same. The cac 40 up even higher at 0. 9 . This week we saw it in asia and the junk bonds and the oil route. In asia the shanghai comp is up 2 . The Macro Economic data was up better than we expected. The fixed Asset Investment is at least in line. The anything kay is also off by 1. 8 . Meantime, the yuan has hit a fresh year low. The trifecta in china. U. S. Futures, pretty tough week for wall street. Markets slumping. All big three indices falling more than 3 . We saw the biggest single daily decline for the Dow Jones Industrials and the s p 500 sin
Hong kong. And president ial candidates clash over how to keep the u. S. Safe through future attacks. Donald trump getting most of the heat. Donald is great at one liners but he is a chaos candidate and he would be a chaos president. He would not be the commander and chief we need to keep our country safe. Hello and welcome to worldwide exchange. Lets get you straight to the data from the euro zone pmi breaking just as we speak. Its a flash figure and they come in at 53. 1. Thats better than a forecast for 52. 8 and the euro zone also better than the previous months at 52. 8. If you look at the composite on the month of december it was 54. Now that falls just shy of an estimate, 54. 2. Now we can look at services. We did see some disappointment in services from france earlier and overall 53. 9 again. That was just shy of an estimate through 54. Euro dollar trade up just about 0. 1 . We have seen this relatively flat movement all session as we did see some Dollar Strength throughout the
His lead widens on the field. Hill Hillary Clinton weighting in with comments last night on late night with seth myers. I have to say, seth, i no longer think he is funny. Yeah i carted stash. Maria well have latest developments in San Bernardino, california. Fbi focusing on a lake near the terrorist attack. Divers looking for missing exciter hard drive. In sports, Arizona Cardinals clinch ad trip to the playoffs. They beat the Minnesota Vikings 2320. Back to our top story right now. Islamic state militants stolen up to one billion dollars from bank vaults in syria and iraq. They made another half a Million Dollars in black market sales of oil. This according to a top u. S. Treasury official. What is more, syria and president Bashar Alassads government are merging in millions and millions of dollars in oil trade with isis, despite being at war with one another. Want to bring in congressman lee zelden, good morning to you. Good morning, maria. Maria what is the take on relationship betw
Growth for the u. S. Economy . Higher rates are always going to be worse for the economy and the stock market than lower rates. But a country with real job creation is one that can support itself and doesnt need the fed to keep propping things up. That real growth and not a steroidal pumpup is more sustainable, lasting and will be more lucrative. Emphasis on ultimately, though, than weve had over the last few years. You have to believe me on this. This is what i study. It doesnt mean we wont have to make adjustments if we own individual stocks but it means a locomotive of Economic Development can pull up a lot of Companies Even if china or europe or latin america cant. Are we Strong Enough for a rate hike . Yes, as long as you understand that we mean some companies and not others. So with that in mind lets go to the game plan for next week to demonstrate how this positive news plays out in the real world of the stock market. Some of its good. Some is bad. First up on monday is pricelin
Our top story oil prices. Rising for the first time in 8 days. Among reasons the American Institute says u. S. Crude stocks fell last week dropping by 3. 9 million barrels. Oil prices right now, up about 2. 5 for wti, 31. 2. Well have more on that story in a minute along with what the Energy Expert told cnbc this morning about where he sees prices going from here. But first heres the other big stories. China central bank holding the line again on the currency of the yuan for the fourth straight session. They did come out better than expected overnight on exports. Till shares in china couldnt hold on to early gains. They dropped in another late session sell off. But we did see green arrows in the rest of asia. The nikkei posted the first gain of 2016 thanks in part to the weaker yen which were seeing in todays session. The yen surging up 2 so far for the year that was a concern for stocks everywhere. Some relief there in hong kong as well. Perhaps the stability of the currency has been