Largest topics, automation. How it is transforming the economy and the banking industry. We need to replace a lot of people who are filling the function of a computer. People should stop using their hands and eyes and use their brains. Value when much more we get computers to automate what we hope will be much more standardized business. Erik i continued that conversation. Some jobs will disappear, but more jobs will replace them. Back to you. Mark we will see you in a minute. We will look at where european equities are trading. It is all about theresa may today. The ftse down by 1. 2 . There is a reason why. Theling 2. 7 up against dollar. The biggest gain since 2008. Theresa may said that parliamentarians will get to vote on the final brexit deal. She is pulling britain out of the single market. She wants some part of the customs unity. Up u. K. Twoyear yield is today. Gold is gaining. It is all about theresa may today. There are big corporate stores. British American Tobacco shares
Keeping things unchanged. Strong showing for jpmorgan, Second Quarter revenue beating estimates. And awaiting the biggest po of the year. First lads for line. Stock set to open at record highs. The bank of england leaves rates unchanged but says stimulus is likely to come next month. Black rocks larry fink talked about the market rally this morning on squawk box sounding fairly skeptical. Take a listen. Here we are were seeing investors worldwide pausing, we have seen quite a large sum of money being pulled out of equities over the last year and yet we are at record highs. This rally in my mind is not i dont think we have enough evidence to justify these levels in the equity market at this moment. He does go on to say, jim, that if earnings come in above the minus 5 that everybody is expecting maybe some of these could be justified. Look, i spent all morning on this jpmorgan. Why . Because jpmorgan the largest bank, you have to stay focused on it. If jpmorgan is any precursor as was al
Can trackback. Use of the tool like thunderclap, can you commit that whatever your going to do with social media that you will use tools or leave in place an audit trail, inability to see where it came from and who did it . I certainly know who worked on these issues internally. Right. Was not able to retract that. One of the things i try to explain although i dont agree with gal come i am not disrespecting their decision. The guide in on how you would use this command we followed it and will make sure. There other information is coming in. Anonymously do things. The one thing you can be sure. I got you. Well, 1st and 2nd. There are other offices that are like ovens. Our system doesnt know the difference between winter and summer time. I apologize. We have a number of members have a numbera number of questions we would like to submit for the record. Like you dont have enough to do. Again, thank you for being here this morning. I thought it was incredibly informative. Thank you for bein
A very warm welcome to the program. This is live from london. 6 00 in the morning here in london. Let us put the First Quarter into context. We will continue to do that throughout todays programming of course, as we started the last day of the trading quarter. And with that in mind, here is a countrythe mcsi all coming through here in the white. You see the bounce at the middle of the quarter mark. And this would be circled here, this is the fed statement that two from four previously. That gave the equity market rally a bit of a boost. In the blue, the dollar index. You see the contrast or the way that these two Asset Classes are moving in the same direction, going up as the same time the dollar is coming down. He talked about this yesterday, after what janet yellen was saying. And we had another fed official overnight giving us kind of dovish rhetoric, the same kind of signals from Charles Evans. Talking about how the fed will be tolerant of inflation, above target for a brief period
Gains of lows. Overnight in asia, we can look at how those markets responded. Japans nikkei up about 0. 75. The yen has strengthened for several sessions in a row. The shanghai composite giving up three quarters of 1 . European markets are closed for easter monday. The tenyear note yield, watching that for a gauge on growth and inflation. 1. 9 is what were talking about this morning. Crude interestingly, a bit on the rebound, both brent and wti, still up less than 1 . Brent is above the 40 mark. Our road map starts with the last week of the quarter. The dow and s p hugging the flat line for the year. Where will we go from here . Bernie sanders gaining momentum over the weekend and the candidates are descending on wisconsin ahead of the april 5th primary. And microsoft throwing its hat in the ring for yahoo . Well look at potential deals that could take yahoo off the market. We begin with 72 dead and hundreds injured after yesterdays suicide bombing in pakistan. The christians were cele