Wagging. Wagging. Kit juckes will join us in a moment. Jonathan looking at the msci world index global stocks, and august 2015 hi. 600 aope, the stoxx january 2016 high up one quarter of 1 . The story in the fx market is a little bit of dollar softness. We come in 2 10 of 1 . The cable rate pushes up to one point at 133. A fifth straight day of gains. The discussion for this program in the next 10 minutes, are the bears in the u. K. Starting to capitulate . In the bond market, the bulls are not capitulating. Crude gets back to work with a little bit of rally and russia joins the output. In the bond market, the story of last week, the long end of the jgb curve, the worst week for 30 year japanese Government Bonds, yields coming in three basis points from the session. The focus is whether the boj and governor kuroda allow the yield curve to steepen and hopefully assist the banks to make a little bit of money. David they have been waiting for that in japan and it has been tough. Lets chec
30 minutes into the trading day in the u. S. Thatmuch awaited data julie hyman is back. Julie in terms of that data, the nonmanufacturing composite index coming in with a reading of 51. 4, that is below the 54. 9 that was estimated. Above 50 is still expansion. The weakest pace in six years. We seen a slowdown in manufacturing as well. Softening in the economic numbers that weve gotten recently. We are seeing stocks hold up relatively well. The nasdaq still hanging onto a gain of. 25 . One thing that may be chipping away at the early gains today come energy prices. We are seeing oil come down after seeing a gain in the past several days. Over speculation of some kind of opec production agreement. Some disappointment being reflected in the outright freeze not being talked about. Down. 75 . We had some energy deal activity to talk about. And bridge will be buying the largestgy Energy Pipeline and Storage Company in north america. The largest foreign purchase ever by a canadian company. 1
About the potential market impact. Togan stanley says you want buy a dollar papal calls that. David i dont think people are taking donald trump seriously, and its really getting narrow. Jonathan do you just go to cash in setback and we do see what happens . If you could pick a winner at this point, what happens after . Theres no consensus. David it also have to do with congress, whether it is split or unified. Alix we will follow this through the next three hours. And the one event oil traders have circled on their calendars, wednesdays informal opec meeting in algiers. Francisco blanch and Vice President of ihs dan juergen. Starting off with the markets, is decidedly risk off in the debate tonight. You may look at equities and europe. The banks of men actually hammered and the flashpoint is on the dax down by 1. 5 in frankfurt. The biggest loser is Deutsche Bank. Another record low for the biggest bank in germany. Some speculation on what that means to the bank Going Forward. Are we r
Lows. And wells fargo shares under pressure. Ceo john stumpf, well take you live to washington for the latest details. Duncan donuts is teaming up with cocacola. Nigel travis is in the house and will be joining us here to talk about the news and what some are calling a restaurant recession. Get his view of the big picture in his industry coming up in a little while. Deutsche bank falling on signs that some of the counter parties are reducing exposure to europes largest investment bank. Joining us now with more on this, cnbc fast money trader brian kelly. We have kate kelly and senior markets commentator mike santoli. It started around mid day when word got out that these hedgefunds were cutting back on their Counter Party relationship. The report just to review was internal document suggesting that a bunch of hedgefunds reduced they are relationship there. And essentially this highlights concerns about Deutsche Banks Overall Health and whether it is the right place for hedgefunds to st
Evening. Rough if petaluma, southbound 101 an accident blocking the left lane by san antonio road and traffic is now stacked to East Washington for 45minute delay and there is not a real good alternate unless you take 116 to 121 to 37. Give yourself plenty of time and another accident in richmond westbound 80 left lane is blocked with 20minute delay back to mcbraid. Become to look at both of these with an update if a new minutes. Back to the breaking news, terrorist suspect is in custody and another is on the run. A report held a News Conference and we were watching it live. Tiffany, what happened . A lot of new information, European Forces initially told abc that the suspect had been arrested in connection to tuesdays terror attack but a belgium prosecutors denied that. Shear pa we have learned. This picture shows they of the suspects at the airport, the map on right is still on the run, belgium tv reported that he was in custody. The man in the mill is belgium been is identified and