European equities still lower, down 8 10 of 1 on the stoxx 600 , every Industry Group heading lower except for health care with Health Care Stocks in the green. Energy very much underperforming and telecom and financials closely following in terms of the worst performers with the stoxx 600 heading for its worst week since november. We have also seen volatility spike on the euro stock 50, this is an interesting chart, this is looking at 20 day realize volatility. Showing the spread between s p 500 and stoxx 600. Showing european equities are more volatile than the u. S. By that measure. In the bottom half, you see the spread fear a few days ago, the widest spread in one year which has tightened up. You see the difference in volatility. I am looking at sterling and currency markets, we saw broadbased dollar weakness following the u. S. Data coming in soft beard euro stronger in the session against the dollar and sterling. Sterling unchanged. The five day chart to give you context, down 5
Astonishing that the editors tv anchor wife had 500,000 in annual income. He insisted that the Justice Department vasquez was likely motivated. Was sworn in as secretarygeneral of united nations. That the ninth u. N. Chief in the 71 year history. Thanl news powered by more 126 countries worth of journalists. Live from new york, i am scarlet and i am joe. U. S. Stocks are falling. The Energy Companies are failing. Joe the question is what did you miss . Scarlet are sendingrices them higher today. U. S. President elect donald trump has upped the ante with beijing saying he will use the one china policy as a bargaining chip to get a better trade you. We will look at why this is a big deal. Ugly explain how people make choices that seem to go against their interests. We will talk about the next. Joe lets look at where the major averages stand. Abigail doolittle is standing by. Were looking at what weve have been looking after most of the day. Mixed trading. That being said we do have the d
And seeing double. Luxottica agrees to emerge with the french rival. But how will investors view the deal . Were less than half an hour away from the european open, and it looks like investors are looking at equities in a negative way, with positive futures over in great britain. You can see futures down about. 5 , ftse futures up about. 25 . We saw the asian market overnight take a real tumble, then recover by the end of trading, to some extent. Not to gains, but not the kind midsession. Saw guy lets talk about whats happening with the pound. You talked about the overnight. The british pound down 1. 5 , treating just, just north of the 1. 20 line. Were clearly watching what theresa may will say on tuesday. We are still trying to figure out what will come through. It does seem as if there is the managing of expectations going on here, issues with donald trump, signaling that the u. K. Will be at the front of the queue. It doesnt seem to be helping out sterling. Its the easiest and most
Rate. What will officials make of the new commanderinchiefs first 12 days in office . The euro. Ting chancellor Angela Merkel hits back at a top u. S. Traded pfizer for saying germany is giving the fx market. Which side will the markets take . We are less than half an hour away from the open of european trading after a down day at a close yesterday. Futures are pointing to a positive open this morning. The ftse futures and cap futures dax futures. Cap futures up. 7 of 1 . As we saw yesterday, things can turn around pretty quickly. Guy they can. Forextake a look at the column. The dollar is rising a little bit. You have the japanese yen down by. 41 . The swiss franc giving back a little bit of ground, that it has been one of the risk trades that we have been watching. Lets talk about what we need to know. Lets get the details of the session i had. Ahead. President donald has named neil gore such. Scene triggering a showdown with democrats. He would become the youngest justice since clea
8 00 in thes emirates, 4 00 in london. I am uses community yousef gamal eldin into by. We had five Straight Days of declines. If you look at the reflation in the asian session, not a lot of conviction at the moment, is there . Shery it seems to be fading right now. Treasuries just climbing, reversing declines. Look at my gma function. We are seeing the markets in the asiapacific looking pretty maxed. A halfkei fell just percent. We have more strength for the japanese yen, up 0. 2 . When it comes to commodities, we saw the Commodity Index rebound over night, tracking gains in metals. Metals in asia gaining momentum. The big story when it comes to commodities, oil is swinging between gains and losses. Is a lot about oil. Let me show you what happened overnight. We did get debate out of u. S. Crude inventory. I put the wti reference price. That is your line in blue. The important one to watch out is the white line in white. You can see this is a build of 9. 5 Million Barrels last week. An