Coming up later on the program prepares to mark the 25th anniversary of black wednesday. That is Norman Lamont at 9 30. Lets get straight to your data check. Quite a lot going on in the markets. We are seeing a little bit of risk off. Stocks are mixed in europe. Edging lower and then going higher. What investors are nervous about is north koreas latest Missile Launch, raising geopolitical risks. Gold and yen showing markets are becoming immune to the provocation and diplomatic reaction. There is not much of an impact on yen. We are seeing pound, the 25th anniversary of, of course, what we saw in 1. 34w31. There is a little bit of movement on treasury. Lets get straight to the bloomberg first word news. Sebastian President Trump says he likes and respects janet yellen not made a decision on whether he will re nominate the Federal Reserve chair for another term. Treasury secretary Steven Mnuchin sets janet yellen is among those being considered to run the central bank. In the u. K. That
A briefing set to begin any moment now about these new sanctions. Well bring you those comments live as soon as they begin. We may have to interrupt this next segment in the meantime. New developments on another big story out of washington today, the s. E. C. Hack you heard about this eamon javers has more. Reporter bill, thats right. This is a little bit alarming. The s. E. C. s edgar system is the Database Companies use to file Public Disclosure documents with the s. E. C. , get access to just about every piece of important Financial Information from Major Companies before theyre released publicly. Hackers apparently were able to get into that. Heres what the s. E. C. Said last night about this hack. They said that the incident happened back in 2016. It was originally detected that year but it wasnt until august last month in 2017 that the s. E. C. Learned this attack may have provided the basis for what they call illicit gain through trading, in other words, cyber Insider Trading. T
Then one of our most eclectic fed president s, gary stern with firstrate academics. I would suggest out of minneapolis, a really unique, regional aspect, minneapolis economics. All of the fed Bank President s take on greater importance, because there are fewer people on the board, which brings me to my question. A lot of people have suggested lotyou were a fed staff, of people say the fed staff runs the fed, especially in the absence of a lot of governors with academic and economic credentials. Is the staff going to be pushing jay powell around . Should we be looking to the head of the Monetary Policy division for guidance . I think it would be a mistake to try to push him around. He is pretty solid and hes been working hard. Hes been around Financial Markets and policies since the 1990s. He was in part hired for the job because he represents continuity. The destiny that he will be his own person. How much can he be his own person in the face of 12 regional Bank President s who as voti
Stocks at the head of the quarterly report. Features look like this after two days of power forced out prices. A record day yesterday for the nasdaq composite closing at an alltime high. Nasdaq above 6000 for the first time ever. Looking at the nasdaq 100. A different embassy in talking about. Take a look at market today on the dow industrials. In europe next performances. The ft and dax index down and the cac quarante up a fraction. Best performer was japan. Nikkei average up 1 . Chip will be getting grilled. The Company Warning its Payment System was hacked. What you need to know coming out. Verizon continues to embrace unlimited. A nuke repaid data plan but is that worth the heavy price tag . Joining me to talk about it, Fox Business Network taking the battle, Kristin Haglund and were waiting on kevin kelley. Dagen guess we are, the fabulous always bright shiny, not always correlate. Maria weve been waiting for this day. And it has arrived. Dagen finally getting a little bit of info
Energy contract has not been destruck ted by the boycott. Theres no interruption at all. We have flow of gas and oil going all the way to our client, no interruption. And in another cnbc exclues if, ermotti says investors are looking for sustained period of calm before they take out money from cash reserves geopolitical front is, you know, quite a warning in respect to whats going on almost every day, so investors are really fundamentally touched by all those, and need to see prolonged and stable pattern Going Forward. There are a lot of green tiles today on this screen european markets off to a positive start this week stock europe 600 is tracking up over a third of 1 today seen some gains from friday when we had solid job numbers lets look at whats happening in individual european indexes it is around a third percent the italian ftse up by a half so far today lets look at what sectors drive the gains this morning we see real estate is in the lead almost up by just over sixtenths perc