We have a busy day ahead of us. We have some great guests. The mood in the markets is often haven assets. Tom we see some weakness across all. I love the guests we have. To dive into productivity. We are doing around the world in 120 minutes. Thanks very much. The European Union is getting closer to a deal with turkey to stop the flow of migrants. Jacked up thehey price at the last moment. The turkish government wants to double the Financial Aid to more than 6 billion. Turkey made the most serious offer yet to stop the tide of refugees into europe. Malaysia is marking the second anniversary of the death disappearance of that boeing jet. They are committed to solving the mystery. Ships are searching the southern indian ocean this year. Chinas president thrown to punish polluters with an iron hand. There is evidence that iron hand is loosening its grip. There has been a number of days where air quality was listed as hazardous. Balancelem is the between the environment and commerce and Mi
Julie is that a thing . Users of Financial Information can we make the holiday . And this kind of disclosure want lets look at the quarter. It very much, but they do not e a coherent train work just atwant to look glad framework to receive and u. S. Stocks, but around the understand it. Ool are of the st globe. One of the few major benchmarks around the globe in developed markets where we have seen a positive return. Regulators concerned about the with the latest recovery that we potential Financial Stability and impact of large have seen, it is up a little more than 1 . Climaterelated risks that are undisclosed. The stoxx 600 is down by 8 here we are trying to solve three the nikkei down 12 . Problems for three constituencies with one solution the shanghai composite down 18 . Down 15 . The obligation to make this kind of disclosure is already there. Were trying to find a tool to going back to bill gross, in do it more effectively that terms of equity investments. That is what it looks
Official anymore . Scarlett i dont know. Wednesday is official because j. P. Morgan is reporting. Julie whether you are talking about alcoa or the banks, there is not a lot of optimism when it turns to earning broadly with energy or financials. We have seen a pairing of gains today as we have gotten deeply into the session. The s p 500, if you look at the intraday move we have seen, it has been moving from steadily lower, a leg up in the past few , downs, but none the less sharply from the highs of the session. Lets take a look at the s p 500 profit estimates and the change we have seen in estimates. This is the change that we get quarterly. We are talking about a 10 percentage point swing in these estimates overall. The estimate is for earnings to fall 10 in the quarter that we are about to learn about. Definitely a lot of pessimism going into the season. The caveat we always talk about his companies tend to be by a high rate. As always, it will hinge on not just the reportings but wh
Everybody. Im anna edwards. Lets update you on australia. Getting a few headlines coming through and if you market moves as a result of a reduced inflation forecast. Ive got a chart here. Inflation going down under. This is the headwinds, the challenge that faces the rba, like many Central Banks, hit by this global disinflation. This chart goes back to the 1990s. As a result, you saw the aussie on the move. Lets have a look at the risk radar. Real weakness coming through in the aussie as a result of this move. Yields on bonds lower. Threeyear yields hitting a record low in australia. Eightweek low on the australian currency. The big question, whether the central bank will do more to sperry inflation. Ive got the dollar index pretty flatness hour, but it is of course jobs day in the u. S. Headed for its biggest weekly increase in six months. The yen increasing against all major peers. Wti at 43. 84. Lets get to Arcelor Mittal, getting numbers from the steelmaker. This is the Worlds Larg
The Asian Session turning out to be a positive one. Really picking up from where he left off in the united states. A number of drivers in there, let us focus on them. U. S. Stocks advance for the first time in three days, as bank shares rebounded after we had numbers out of citigroup. They came in and help move the stocks higher. We also have this increasing sense that the fed is possibly not going to raise rates in 2015. Aspects of that stand at 30 . Julie hyman sends us this report. Julie u. S. Stocks rebounded after two days, and they gained strength and really quite a bit of strength as the recession went on. A couple of things in the game, we had better than estimated Economic Data in the morning jobless claims and prices coming in better than forecast. Also, strength of earnings have been driving things higher. On that from, we saw financials performing well. Citigroup came out and Beat Estimates that Beat Estimates, we have seen that trending. We sought trading revenues lag, tha