Hollande is arriving for a meeting with the president. Gdp revised up to 2. 1. Caseshiller is out on your screen. Our road map this morning, the latest on the fight against isis including angry remarks from putin after that russian jet was shot down by turkey. And a couple more deals, nothing like yesterdays major deal. But 2. 5 billion Semiconductor Deal and a billion dollar acquisition in the food business. Shares of tiffany down big. First up, concerns about geopolitics weighing on futures. This russian warplane was shot down by turkish jets along the syria turkey border. The turkish Prime Minister said his country had the right to respond when its airspace was violated despite repeated warnings. Putin said this event is beyond the normal framework of fighting against terrorism. Of course our military is doing heroic work against terrorism, but the loss today is a stab in the back, carried out by the accomplices of terrorists. I cant describe it in any other way. In about an hour fr
Oil down 15 since the opec meeting. Our road map begins with oil hitting seven year lows. We have news on the m a front. The latest on deals that may or may not happen. And chipotle down another 5 premarket, dragging that stock down nearly 20 so far this year. The latest on the companys e. Coli outbreak. Futures moving lower following mondays stock market decline. November data showing chinese exports fell for a fifth consecutive month. Weve seen wti fall below 37 for the First Time Since early 09. Shares of Mining Companies taking a hit after Anglo American announced plans to cut jobs as part of restructuring. Rio tinto said it will cut cap x in 16. Its all over today. Rio is off 39, valet, 69 . When you slash 85,000 jobs out of 135,000, what does that say about the amount of equipment youll spend . What does it say about the ancillary companies related to mining . This is all related to china. 13 straight months of chinese imports slumping. You cant have a Strong Industrial economy w
A senator mr. President . The presiding officer the senator from north dakota. A senator i ask the quorum call be vitiated. Mr. Hoeven thank you, mr. President. I rise today to make the case for lifting the 40yearold ban on exporting crude oil. It will benefit not only my home state of north dakota but our nation and our allies in a host of different ways. He thatsie worked hard to include legislation repealing the ban in the yearend Legislation Congress now has under consideration. Importantly, this is mustpass legislation, meaning that it will be very hard for the president to veto the oil exporl export ban. Taken together, the reasons for lifting the Oil Export Ban are very powerful. Doing so would encourage more Domestic Production. It would increase the Global Supply of crude oil, reducing the cost at the pump for our consumers, particularly over the long term. It will help grow our economy and create goodpaying jobs for our citizens. And the last reason is vital the important as
We have shall numbers of this morning. We are seeing the impact it is happening having. Crude exactly trading a little bit higher. 38 was will became an on the year. We will talk a lot more about that. Jonathan talk about price action and the mayhem. The biggest move in just two weeks. The oil stock looking like a penny stock the moment. Well talk about that. So talk about super thursday can you call it super thursday . Is there anything super about it bank of england meeting at the moment . Is depends on if there someone voting for a cut, then things get a little bit interesting. We will talk about that for the program. Yous get you all the news need to know this morning with Caroline Hyde. The bank of japans negative Interest Rate could fall as low as 1 . That is according to an ally of governor corona. There is no 44 negative rates. That stimulus could still be expanded if needed. The bank of japan has signaled that it has many options in its armory. It could lower rates further. Th
Jamie dimon is expected to take part in a Conference Call with analysts starting soon. He just finished eight weeks of treatment for throat cancer. He made his first public appearance on friday. The government is now rethinking the way it is trying to stop the spread of ebola. Health officials cannot figure out how a nurse and dallas came down with the disease while she was treating. An ebola patient she had been wearing protective clothing. It does not change the fact that its possible to take care of ebola safely. Substantially how we approach it. Authorities are now monitoring more than 100 people in dallas for possible exposure to the virus. A picture of north Korean Leader kim jong un in , walking with a cane. There had been speculation about his health. A south korean newspaper said he had been hospitalized after surgery on both ankles. Thats in part your answer. It was a successful debut at the New York Stock Exchange for fiat chrysler. Shares rose almost two percent and the com