By 2015 nuclear deal after the killing of its top general. President trump threatens disproportionate u. S. Retaliation should tehran take military action. Aboveextends its search 70 a barrel after the u. S. State Department Warns of missile attacks near military bases and Energy Facilities. Plus, riskoff rules as global stocks trade to the downside, gold searches to the highest level in more than six years. As i said, just under one hour away not from the start of cash equity trading in europe. Futureske a look at this morning after the first couple of days of the year traded in different directions. We are now headed firmly down in terms of sentiment. Clearly, over the weekend, after the attack that we reported on friday, you can see cac and dax. 75 . S down take a look at u. S. Futures. You also see losses there, about three or 4 10 of 1 . To a veryinting riskoff open. What do you see on the gmm . Anna the gmm giving us the same riskoff picture. As you point out, we see futures sugg
And ibm. The bloomberg dollar index right now down nearly 1 at session lows. On paper, its worst day since march of last year. This after treasury secretary Steve Mnuchin said in davos that a weak dollar helps us, good for u. S. Trade. We see the dollar down on this following a big down your last year. Lets take a look at the fact that was secretary Steve Mnuchin was talking about. The bloomberg dollar index down nearly 1 , its worst year on record. The dollar index, its worst you last year since 2003. The point we want to make here is when we have declines, they come in clubs of twos. A twoyear decline seems pretty fitting even though it is early in the year. Lets take a look at the big movers of the day. Ge down. 2 . This on the news of the sec probe into the company. Recently announced a charged related to the legacy business. Texas instruments down on earnings. Ual, same deal, down on earnings. United continental saying they will be matching pricing. Investors clearly not liking th
Out of 30 cabinet ministers who backed a leave vote back in june. She joins us at 9 40 u. K. Time. First things first. Lets check on your markets. We are just three days away from davos. To a lot ofpeaking former Prime Ministers, current Prime Ministers, heads of state, and ceos. The dollar set for a weekly loss. Stocks climbing. Gold a touch on the up. Be the mood in the market that investors are trying to assess whether markets move higher since the u. S. Election may have gone a little too far. Lets get straight to the bloomberg first word news. Heres sebastian salek. Sebastian chinas exports remained subdued last month as weak Global Growth laid on demand. Overseas shipments fell in december while imports rose more than 3 to leave a 41 billion trade surplus. The Worlds Largest exporter faces challenges as it braces for potential trade frictions with the u. S. Under a Trump Presidency. Fiat chrysler milan shares are on the up having plunged yesterday after it was accused of cheating
And globally. We have been covering the politics and the Market Reaction all morning. We are catching up with the research coming from the banks. Everybody is struggling to work out what is happening. Intot will force denmark intervention. If that is not enough, a rate cut could follow. Denmark might need qe to fight safe haven flows. Simon kennedy was telling us we might the responses from the bank of england, but also global Central Banks. Including some who have been treated as safe havens as of late. Manus the irony is not lost on anybody. Guy will take us through the Market Reactions of the moment. We spoke in japan, suggesting that g7 was ready to open swap lines, if needed. Liquidity will be the key word throughout the day. When you look at some of the market commentators, they are s aying they would not sell if eu markets fall the on 15 . This is about market wit interpretation. Anna lets get to the latest results of the referendum. They started coming in around midnight, u. K.
Shuttle. New at 4 00, we have learned the two victims were thrown from the shuttle and Robert Goulston is live in east boston. You have been investigating the crash all day long . Reporter blair, we are learning the Airport Shuttle was leaving the hotel and heading to the hampton inn in revere when it was rearended by a subaru, thats when Police Say Two of the people on board the shuttle bus were thrown out onto the streets, the pig question is, what caused this the crash shut down route 1a this east boston while investigators tried to figure out exactly what happened. Police say the Airport Shuttle being operated by revere hospital, which is affiliated with hampton inn in revere, was rearended by a subaru. The shuttle veered off course and hit the barrier. Police say 59 yearold Joseph Rodriguez and 47 yearold sandra air owela were both thrown out of the shuttle and killed. Two other passengers and the driver of the shuttle were taken the driver of the subaru was also rushed to the hos