Said he would advocate American Energy in all forms, including the normals. Renewables. With this witnesses say some of the witnesses say some of the victims in the Historic Building ran backart of tehran into grabbed valuables. Will be the ambassador to the u. K. Trump congratulated johnson, and referred to him as an ambassador, and said he was going to st. James, a reference to the london posting. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. I am taylor riggs. This is bloomberg. Scarlet live from bloombergs world had quotas new york, i am scarlet fu. Joe and i am Joe Weisenthal to we are 30 minutes from the close of trading in the u. S. Scarlet u. S. Stocks are lower with the Dow Jones Industrial average drag down. Joe the question is whatd you miss . Scarlet the hearing for Steven Mnuchin has just ended. We will look at the tough questions he had to answer on tax reform. Ibm reports after the market close. Investors are b
Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. We are coming to you once again from the World Economic forum in davos, switzerland, an annual gathering of political leaders, ceos, bankers and business decisionmakers. Our special guests this morning, david rubinstein, he will join us in just a minute. Later, tim adams from the institute of International Finance and bill browder will join us. All of this as well as investment ideas from jpsJoshua Friedman. Yesterday we saw slight gains for the nasdaq and s p. The dow had its fourth negative session in a row. Albeit slight declines. Right now, 27 points on the dow called lower. We did see a rebound yesterday in the dollar, but also in the yields. They pushed higher having hit a low of 2. 3 during tuesdays trade. Today the yield on the ten overnote is 2. 43 . Its been 67 sessions and we have not seen a down session. The top stories today, central banks, ecb holding its first policy meeting of the year
Third. Hang seng down 0. 2. European equities, heres a look across the board. Seeing red, that is bleeding over into our markets. The ftse 100 the worst performer, down three quarters of a percent. The german dax, relative outperformer, down 0. 1 there. As we keep an eye on the trading in that session. Crude, obviously continuing to be important for the market. Kind of hovering around these levels here. 51. 52. Wti, brent both up a bit. Nat gas making a move as well. It has been whipsawed around the last couple of weeks. Ecb holding its first policy meeting of the year. President mario draghi will hold his normal News Conference at 8 30 a. M. Eastern. Last month they decided to extend the Bond Buying Program until late 2017. Look at the euro. We are trading 1. 06 versus the dollar, the yen, 114, and against the pound, 1. 23. In the u. S. Today, fed chair janet yellen will deliver another speech. This time in stanford, she will take questions from the audience. In remarks yesterday, a h
Finance committee in about an hour. Well bring it to you live. Plus netflix boom ten years after launching its u. S. Streaming service. Netflix crushes earnings expectations. Not just its largest quarterly subscriber gain in history. And ecb leaving rates unchanged. Nasdaq futures pointing to a mostly flat open but dow on pace to drop for a fifth session in a row. First up, more trump cabinet picks heading to the hill for more confirmation hearings including Steven Mnuchin, president elects choice for secretary treasury to appear before Senate Finance in about an hour. Expected to be grilled on his role overseeing foreclosures while running one west which was indymac, also expected to be asked whether he agrees with weaker dollar policy, a lot to get to today. Look, i was involved with in indy mac, which he bought, people are willing to leave their homes before they leave their cars and it was the most reckless there was and they reamed me on it. And this guy went and bought indy mac a
But i recognize how important it is to provide business, the Public Sector and everybody with as much certainty as possible as we go through the process. So where we can offer that certainty, we will do so. That is why, last year, we acted quickly to get clarity about farm payments and university fu funding. It is why, as we repeal the european communities act we will convert the body of existing eu law into british law. This will give the country maximum certainty as we leave the eu. The same rules and laws will apply on the day after brexit as they did before. It will be for the British Parliament to decide on any changes to that law after full scrutiny and proper parliamentary debate. When it comes to parliament there is one other way id like to provide certainty. I can confirm today the government will put the final deal agreed between the uk and eu to a vote of both houses of parliament before it comes into force. This weekend on American History tv on cspan3, saturday night at 9