Surveillance. He was the two mario monti later. We are seeing that reverses to the earlier losses we saw. If you look at german stocks, they seem to be remaining lower. The dollar is little changed. Treasuries nudging higher. Lets get to the first world news. Here is sebastian salek. Mugabe failed to announce his resignation. The twist means he may face immediate impeachment hearings. He was expected to announce he was stepping down. Todays meeting with a command element has underscored collectivelyus to start processes that return our nation to normalcy. U. S. Senator Susan Collins has said the republican tax plan passed by the Senate Finance committee needs work. Thed if she can vote for measure as written, she said, quote, i have not reached that conclusion left. Republicans can afford to lose only two votes and still pass the bill. Ron johnson has artie said he cannot back the bill as written. Japans recovery remains on track with exports growing by double digits for four straight
Data check. Stocks them to be advancing. Dollar, treasuries, both slipping. The dollar is edging lower and treasuries are rising as janet yellen said she will step down when her term ends in february. I also wanted to talk to you about the turkish lira, you can see it at the bottom of your screen. It hit a record low against the dollar. We will get plenty more on your market moves. Now, lets get straight to the bloomberg first word news. Sebastian u. S. President donald trump is designating north korea a state sponsor of terrorism. The regime to additional sanctions. North korea joins syria and the sedan on the u. S. Terrorist list. This will impose sanctions on north korea and related persons and supports hour maximum Pressure Campaign to isolate the murderous regime. Sebastian janet yellen has said she will step down from the board of governors wants her successor is sworn into office. It widens the scope for donald trump to shape the Central Bank Leadership for years to come. Jerome
Investors failed to go ballistic. He will take care of the situation. Will he . 10,000. Rosses will we see aggressive profittaking . That today not see because bitcoin is up another 500 in todays trading. Currency gp. He xb if you look at the percent missed price it indicated again for the dax and the cap this morning, indicated loss for the ftse, the euro stoxx. Up. 51 . It does not look like equities on the continent will be opening a negative territory but there could be pressure in the u. K. Guy are we talking about irrational exuberance again . The famous greenspan words that came to haunt the markets. It took a while to get there but that was a factor that the markets ended up having to deal with. Lets take a look at the s p record after record after record on u. S. Equities. We were up another 1 , 26. 27. The ftse had a solid base and european equities had a solid day. A more mixed start. Futures are beginning to firm. Lets talk about what else where watching. The british pound
Lets check the markets. The europe 600 on a tear. Higher because of expectations of tax reform in the u. S. And what that can do not only to the dollar but to the world economy. It could make the spirits of the u. S. Move up a touch. Lunch in brussels. Will they are will they not . To severalspeak groups interested in brexit. Lets get to the first world news. Sebastian in the u. S. A Senate Investigation of the russian meddling in the trump case a instruction of justice case is coming. This is from Dianne Feinstein after Michael Flynn pleaded guilty to line to the fbi. I think we are beginning to see the putting together of a case of objection the case of obstruction of justice. I think we see this in the indictment please that take place in some of the comments being a. I see it in the hyper frenetic attitude of the white house, the comments, the continual suites. U. S. House republicans are drafting a contempt of Congress Resolution against members of the fbi. They claim that the rem
This is the final estimate. The earlier estimate was 56. 2 as well. The euro area pmi rising to 57. 5. The preliminary, 57. 5. Across data, flooding the eurozone today. As upn see, stocks are trading lower today, down for the third day surrounding optimism for tax reform in the u. S. Dying down. Before we look at sterling against the dollar, down by 2 3 f 1 , yesterday we were up 0. 5 . yesterdayp by 0. 5 and today we are down by 2 3 of 1 . Today talks will continue to get a conclusion of these talks. Nymex crude oil is down by 0. 4 . It rose by 1. 7 on friday before Government Data forecasted crude stock piles decreasing for a third week. A busy, busy day coming up on surveillance. We are going to speak to Stefano Domenicali later. Well get the outline of the Aviation Industry later. Trumps travel ban takes full effect while legal challenges go forward. It hands a victory and suggests the court will ultimately uphold the restrictions. The president can now restrict muslim basedx count