A little bit of euro area pmi figure. Little more than expected that is getting a little bit of a list to europe. The stoxx 600, little bit down. Maybe a little bit of angst about what is happening in the u. S. Tax reform. We were expected to have news yesterday. The vote has been delayed to this morning. Im looking at dollar index. That is a tax reform story. Any moves on the asset classes. Coming up, i am excited about talking markets. , he is at Goldman Sachs. Durlacher is the international ceo of julius baer. We will speak to Woody Johnson. Lets get to Bloomberg Business flash with nejra cehic. Nejra in the u. S. , the white house is weighing a plan to replace Rex Tillerson with mike pompeo. That is according to three of ministers and officials amid frustrations with the top diplomats so place just slow pace of hiring. Slow pace of hiring. U. S. Diplomats have trapped plans for donald trump to make a trip to britain in january. The president had been penciled in for a working visit
The riskoff sentiment also rattled the crypto world bitcoin falls to 6,000. But the ceo of bp tells cnbc that the rough years are over for his country, shrugging off the recent market volatility as they post betterthanexpected fourth quart earnings. We have gotten through years of difficulty. This market turmoil, we are only back to where we were on the 1st of january were very longterm good morning a bit of a bloodbath in europe the ftse down about 1. 65 . The dax almost down 2 the cac down 1. 25 and the ftse mib down 1. 25 . Lets look at the sectors across europe its not a pretty picture for any of them. We can see basic resources down 0. 25 . Financial services down 2 down. Industrials down almost 2 not a lot of good news for investors in europe. After a long stretch of complacency, volatility is finally back lets look at the vix. Note that it posted its biggest oneday jump in almost two years. It was interesting to note just the evolution of the selling on wall street overnight. It
As differences persist negotiators extend talks until friday over Irans Nuclear program to try to reach a deal. Somewhere its one year since israels 50 day war in gaza began. The territory is still in crisis. About 100,000 people remain internally displaced. The u. N. Is urging israel and the Palestinian Authority to face urgent crisis. 75 of the victims were children. Israelis, 66 soldiers and five civilians decide. Nearly 470 soldiers and 260 civilians were injured. The u. N. Said 89,000 ghast homes were damaged. At the time cost billions to rebuild over the next years. Still many are trying to recover from the trauma of the war. Imtiaz tyab reports. It is a moment that few forgot. A few palestinian children playing football on the beach targeted by israeli. Israelis. Four children all from one family. While he still likes to play football he never plays on the beach anymore. Saying its just not the same without his brother and three scuz ins whocuss ins whocousins who decide. He has
We are way beyond that. More work needed in the Oversight Framework as lamar mentioned the presence of Precision Medicine and what that is. The third area is strengthening our ability to carey out the mission. Mark couldnt be with us but talked about how important that is. We have a number of recommendations in the report relating to the fdas Human Resources and how do you hire people today. Many require collaboration with hhs and the office of personal management. We all know in government the hiring and firing and recruiting process happens in the legislatorive branch when legislati legislative branch needs to be investigated. We need to improve the publi publicprivate partnerships out there. And providing access to medical products and there is a Government Role and responsibility looking at the unmet needs that may not have a financial incentive for going there. The biggest, most important drug company in the world is not going there, scientist and researchers are not going there,
Are closing, and we have some direction, unlike yesterday. Bithe dow was a little lower, now it is a little bit higher. All three in the green at the moment, with Technology Leading the game at. 5 . We are still seeing low volatility, well, not still, but the return of low volatility after it reared its head, particularly in technology. It has gotten call once again. Take a look at the mix. We are seeing a 6 drop fix vix. And a seeing a 6 drop, drop in some of the performers in s p 500 today. Bed, bath, and beyond touching his lowest level in five years, and one guggenheim analyst says it was the worst quarterly operating performance in recent history. The share is down 12. 5 . Cisco, the Food Distribution , the food sysco Distribution Company sliding. Is there anything at this point amazon is not getting into . Cisco down 5 and whirlpool is down as well after it revealed one of the companys refrigerators appeared to have deadly tower fire in london. Whirlpool iseath continuing to inve