Olivia i like that. Newreece, may have elections to get rid of dissenting voices in his own party. Alexis tsipras said he would quit and copper new elections. He has been in office eight months and he was elected on an antiausterity platform but agreed to more tax hikes and spending cuts to get a badly needed a lot. Greeks, women and men, i want to be absolutely honest with you. We did not achieve the deal we were hoping for before elections in january, but we did not face the reaction we expected. In this battle, we make concessions but we brought a deal that given the overwhelming negative correlation in europe and given what we inherited from the absolute binding of the country in terms of the memoranda austerity measures, that was the best one that could succeed. Greece could hold an election as early as september 20. It received the first chunk of the 95 billion bailout this week which it used in part to pay back the ecb. In turkey, the president is faring is hearing up to call fo
Yesterday when protestors jumped on police cars and smashed through window and fought with Trump Supporters and police last night. We are also waiting on senator Bernie Sanders who is expected to hold a rally in california at any moment. He attacks the disney ceo who makes 646 million in compensation. Theres a lot going on the political front. The clinton campaign, though, frozen today by a new state Department Report that says the former secretary of state broke federal records rules by using her personal email servers. A Political Panel tell us if or how bad it could hurt her campaign. Venezuela, south americans economy in freefall, riots in the streets. What is going on there . In a fox business exclusive, we asked a former u. S. Embassador to venezuela Patrick Duddy how close venezuela is to descending into outright disaster and whether itll split and spill over into other countries, lets start the countdown. Liz for those who fear the fed, youre missing out. Right now on a two day
Im wilfred frost. Good to be back. Feels like a whole week. I had a few days off. You had wells fargo. Were back together on a friday. So much Market Action to be discussing. No one better i would like alongside that. Fears about the future of Deutsche Bank shares. Dropping to a record low this morning. As you can see around about 4 . Were off the lows that opened initially down. Were off those lows but still down 4. 3 in german trade. Well have a live report from the firms frankfurt headquarters in just a minute with lots of analysis coming straight up. First lets check in on Global Markets. We saw an impact on u. S. Stocks yesterday. In the session u. S. Futures looking up this morning. Dow futures are up 14. 5 points. S p futures up almost one. Nasdaq up about. 4 after a brutal sell off yesterday that took the dow down 200 points and s p 5001 . Deutsche bank was seen as the culprit. Those adrs that trade in the u. S. Took a slide after midday. For the ten year treasury note yield yo
That means for mortgage rates, housing markets. We went below 2. 2 down to 2. 19 . And four big threats to the american economy. They all begin with the letter e. Energy, ebola, earnings and europe. We will look at all four of the big es. That used to be known as elven hayes. 2. 2 should be the low for the ten year. Anything below that he said would force the feds hands into action and said the fed cannot tighten now due to the risk of deflation. We have been talking about that especially with energy and looking for a bounce for stocks. Of course, not bouncing but falling has been the oil market. Brent and crude. Now down 19 . The transports are bouncing back along with the Dow Jones Industrial average partly due to the drop in oil. They are up more than 3 although the transports are down more than 2. 5 in a week. Its been a very interesting trading session. We have a little more stability and bob joins me here on the floor of the nyse. He said he thinks alibaba put in the top for stoc
As we saw volatile day for oil, bill, as well. One of the days where bad news was bad news. You could have argued once an upon you could have said bad news would mean that the fed would delay raising Interest Rates and the market rally on that. That didnt happen today. And you wonder if thats the kind of action we will see going into 2015 here if suddenly now bad news is bad news and vice versa. Volatility bill seems to be here to stay. Yes, maam. It is. Well talk about that. The volatility index is moving up as well today. Theres the dow up 120 as kayla was mentioning. Down about 99 points at the apex of the day. The low of the day. Now down 30 into the final hour of trading and the volatility index. Made a liar out of me. Down to 1831 and rather elevated level when you consider the rest of the market has been doing. S p down 5 points today to start the new year. And the nasdaq down 17 at 4719. Before we sta start our panel discussion, we want to hear from you at home. Log on the to c