Of toyota. And janet yellen expected to speak any moment at the Stanford Institute for research, we will take a preview get a look of a preview. Janet yellen giving her second speech in two days. She is speaking at stanford. Her topic, Economic Outlooks and the conduct of Monetary Policy. When she spoke yesterday, she caught the markets ear when she aid she sees a few rate hikes year through 2019. The same day that Consumer Prices came out there we talked about this 24 hours ago. They came out on the strong side. Kathleen she talked about reaching goals on employment and inflation moving towards its goal, around 2 . But not there yet, talking about how there are signs of the labor market, things not moving quickly. We will see what she says today. She could review yesterdays remarks, and will questions and answers from the audience, if there is a section like that, will they throw in more . And donald trump, a regime change or status of many things that changer so many things that coul
Seema mody. In for sara today. Good morning. Good morning. Lets check in on the Global Market action. We did see record intraday highs, so the dow and nasdaq yesterday, a record close for the nasdaq, not for the dow. But the daily moves higher were only slight. 0. 2 of gains for those two indices. The s p gains, but even less than that. This morning we are expecting slight gains once again. The dow called higher by 33 points. S p by 2. Nasdaq by 4. Yesterday Consumer Staples and tech outperformed energy, as Oil Prices Fell 1. 5 . Lets look at oil prices again this morning. The api reporting a large increase in weekly crude stockpiles than expected the. Up by 14. 2 Million Barrels last week. Official data from the u. S. Energy Department Later this morning. Oil prices looking at their fourth day of declines out of five. Third day of pronounced declines. 1. 5 for monday and tuesday in terms of price declines. Likely to keep remember sure on the energy sector. The bank of japan releasing
Now finding out who did it. The House Speaker rolls unfortunaup his sleeves to sell a plan. Wind rocks one girl off her feet. Blown in by fierce deadly winds from the midwest. Winter weather advisory has already been declared for the region which could be slammed up to 6 inches of snow. Nbc meteorologist bill karins is tracking the storm for us. Bill, where is this storm right now . Pennsylvania has taken the brunt of it and the timing for the morning commute over the top of the busy corridor from philadelphia to new york and portions of new england. Not talking about a blockbuster historic storm but the timing is just bad. Here is the track of the storm. As afternoon cape cod gets hit. The other story behind it is more significant how cold its going to be. Saturday morning windchill roanoke 15 and d. C. 10 and chicago 10 and boston negative 4 in new england. Sunday morning to atlanta the windchill is going to be 38 degrees. We are setting things up minisnowstorm today and cold this we
I am mark tucker. Is 8 00 a. M. Across the emirates, 4 00 a. M. In london. Im Tracy Alloway in dubai. David im david and glass in hong kong. There is a lot to talk about this week. The fed has not been fully priced in. Had you make money if everyone expects them to move . Have a look at some of these charts i have for you right now. It speaks to the risk ahead. First one, dollars saying. That they are saying is that hair you want to watch across asia because it has not really gotten ahead of the 55 day moving average. It bumped its head in late january and a few days ago, so this is something to watch. The other thing i will point out is when you look at their reflation trend, we had data earlier from japan ppi. When you look at the other charge, 6711 on the bloomberg, we now have both china and japan showing solid signs of reflation when it comes to the factory. That bodes well for the inflation trade and when it comes to pricing for the oldschool industrial conglomerates in both coun
Holden, the late show poking fun at news industry during the tv snowstorm. Lets not forget jim donovan, at one point or another, it has been you and i , as well. Yes. We want to give our thanks to the collogues standing outside during those storms or stand outside at all, during the forecast, katie. Trust me, i see the irony right there. It is so true though, you know , we have to show you what the conditions are like but yes, this is fun. This is really fun. It is really cold out here, guys, but keep in mind, winter coat, winter gear, still very much necessary and especially since yesterday in places like southern new jersey and delaware we have seen bottoming out of the thermometer. It is cold, below freezing, every where. Lets walk you through all this we will take things first and foremost to storm scan three. Wind, cold they are all typical qualities of the aftermath of the noreaster and in addition another typical quality is a little bit what you are seeing on storm scan. Not so