On the european stocks. They are retreating. Investor confidence remaining uncertain. I wanted to show you Retail Stocks because they are down 0. 5 . Lvmh leading some of the Consumer Companies to the worstperforming groups that make the stock 600. Stoxx 600. Halting a sevenday advance against the dollar after the japanese finance minister said that authorities are ready to act. Wan as a in the korean weak dollar boosted inflows. Has confirmed it will close certain businesses in europe and rationalize price of its operations in the americas. Tradingesearch fails, and underwriting for european japansill be shut, but largest brokerage says operations in asia will not be affected. The firm released its Strategic Plan when it reports earnings on april 27. Brazilian lawmakers have pushed a step closerseff to impeachment after her committee voted for her to go in the first formal test of sentiment in congress. The real has had a high on speculation that rousseff will b e ousted. She denies w
Im guy johnson. Details coming through from the norse bank. 75 . As cut rates to. We were at 1. . It is a 25 basis cutpoint. Basis points cut. This is interesting. This is a country that has an inflation rate of 2. 9 . That is about target. The reason for that has been the rise of the euro versus their own currency. 1. 71 after that rate decision. Later on, will we will talk at 10 30 with the governor of the norse bank. Governor olsen will be joining the pulse. How is the oil price impacting his thinking . What if draghi decides to push further q. E. . Plenty of questions for the government 10 30 u. K. Time is when you can tune in for that. Lets return to one of the biggest stories of the week. Vw shares on the rise again this morning following the resignation of ceo dr. Winterkorn last night. Giant is hoping to replace them by tomorrow and begin the job of repairing reciprocation following the emissions cheating scandal. Hans nichols is live on location. Hans, can we quantify, get our
After this hour dan is going to be breaking down how we behave, what we did. You end up not feeling very good. Dan now im selfconscious. Vonnie good morning. France preparing to extend the state of emergency that was declared after last fridays terror attacks. The French Parliament begins voting on the measure today that allows the government to ban public demonstrations and carry out searches without warrants. Statevideo, islamic threatens to attack times square. Police say there is no specific threat. Since the attacks in paris, new york has employed extra Police Across the city. When it comes to who has a better temperament to be president , republicans pick ben carson over donald trump hadbut ,when asked to can get something done, can fix immigration and manage the economy. Those responses were from the latest Bloomberg Politics National Poll trump was the first choice of 24 of republican survey. Marco rubio third with 12 . You can get more on these and other breaking stories 24 ho
Doing the best throughout the day. In the wake of the big star wars weekend, were seeing some declines driven by oil prices that are pushing down energy stocks. Oil falling after having an up week. Is now pulling back and stocks are at their highest of the session. We see them around the lows of the session, down by more than 3 . We see a very tight correlation for oil and stocks. Yearsthis goes back to two years. Off of stocks coming up the lows. It is something that has really been weighing on stocks. Betty tell us about some of the movers. There are interesting movers to talk about. Copper and gold have been one of the big under performers for the year. Trading lower today but the company is announcing one of the departing the company from his position as chairman. They have been struggling. Another we are watching, the former sallie mae lender. He company falling sharply the Liquidity Position is still sound. After Michael Pearson went on medical leave according to the company, he
Wounded. People had been lined up outside the building to get their National Identity cards. No word on who is responsible. Police in brussels arrested two people described as suspected terrorists as part of an effort to prevent terror attacks in belgium during new years celebrations. The texas teenager in the socalled affluenza drunk driving case has been arrested in mexico with his mother. Ethan couch had been missing for weeks. His lawyers argued that his wealthy parents coddled him into a sense of irresponsibility. He could end up in prison. We are seeing a rebound in futures today after declined yesterday on the last trading week of the year as stocks declined yesterday with oil. We are seeing the bounceback today. Change fromg little the averages for the full year. Seeing a little bit of a list this morning. Lift this morning. Lets check on oil. We will be getting stockpile data from an Industry Group today. Natural gas has been an interesting story. We have seen this rally in na