1. 75 . And in europe in the early trading there, very similar trends. Dax down by 1. 5 . The cac off by 1. 75 . And the ftse 100 down by 1. 25 . Wti is up by 30 cents. Of course, we did see give back at the end of last week with wti pushing back near 44. 78. A couple big stories we are watching today on the economic calendar, we are looking for august new home sales out at 10 00 a. M. Eastern time. The fed officials are speaking today. The minneapolis fed press Neel Kashkari and dallas fed press rob kaplan. And well hear from Carnival Cruise lines and vail resorts. And then the big geopolitical plan from the boj. They are ready to use every tool to hit the inflation target. Theres no limit to Monetary Policy and that in designing policy the boj will relentlessly pursue innovation. Im not sure what all that means, but nevertheless, well talk about Deutsche Bank today. The shares of Deutsche Bank tumble to a record low according to a report in the german magazine focusing that Angela Me
Londonome we send it to for the first word is. Best first word news. Another victory for donald trump, his third in a row. The catch is 45 of the vote last night. Mark and ted cruz were battling it out for second place with 20 Percentage Points behind. If you listen to the pundits, oo werent expected to win t much. Soon come of the country is going to start winning, winning, winning. Republicans now set their sights on super tuesday. More than a dozen states and territories will hold primaries on march 3. One hit a recreational vehicle in louisiana. 30 were injured and others may be trapped in the wreckage. The u. S. And china close to agreeing on new sanctions for north korea. Both countries want to punish north korea for its recent Nuclear Tests. Chinas participation is essential. It is north koreas largest trading partner. Matt chesapeake out with earnings, coming in line on etf . 16 was the adjusted loss per share. That is what the market was looking for. It was not the earnings or
Surprises. Thats how we started with jpmorgan. Premarket, futures, where are we . Points. Res now up 99 the big story in the last 20 minutes, a bit from jpmorgan, and upside surprise. That upside surprises what takes is higher come up by 2. 73 in the premarket. Couple of fx to a pairs for you. Some dollar strengthened the g 10 today. 13 . At wti, the output freeze meeting in the rumor mill and the rumor mill is in full swing. Crime organized profiteers have raided the offices of the Panama Papers law firm. The rainfall is the leak of millions of documents on tax havens set up for wealthy international clients. The attorney general searched other subsidiaries of the firm in panama and the firm has denied any wrongdoing. Some 3500 candidates mine for he 250 parliamentary seats assad said he and his wife cast their votes in the Assad Library in damascus. Vice president is drawing up plans to form a Transitional Government in brazil as dilma allegationsrpens that he is the leader of a coup
Good morning, everybody. Welcome to squawk box here on cnbc. Im becky quick along with Andrew Ross Sorkin and Michelle Caruso cabrera. Joe is off today. Lots to cover on this friday morning. Everything from this civil gop debate in miami to apple and the fbi trading blows over its encryption battle. Check out the futures. Theyre in rally mode this morning. The ecb moves still in the market. Yesterday, the knee jerk reaction was a positive one. You saw markets up across the globe. By the enof the conversation, though, the ecb head mario draghi making comments that this might be the last that they needed to offer easing. You saw the markets go down before eventually finishing flat. This morning, doe up by 170 points, s p futures up by 20 and the nasdaq up by 52. In europe, you see big rallies there, too. The dax is up by 2. 8 . The ftse is up by 1. 5 . If you check out the currency markets, this is the story. The euro was down to 108 initially on this news all the way up to 112. You can
32. 52. Well talk about that in a little bit. A couple things on todays watch list. We have a busy day for Economic Data and earnings. Weekly jobless claims come out at 8 30 eastern time. Expected to pull back after last weeks spike above 290,000. December durable goods also coming up at 8 30 eastern. At 10 00 a. M. , were going to get december pending home sales. Today is the heaviest day for earnings for the s p 500 companies. Were going to be hearing from ah l alibaba, caterpillar, under armour, and ford all before the bell. Then amazon and microsoft to close out the day after the bell. Tonight, the final gop debate before the iowa caucus. Donald trump has announced he will not participate. Im not a fan of megyn kelly. I think shes a thirdrate reporter. I think shes frankly not good as what he does. I think they could do a lot better than megyn kelly. Im going to be making a decision with fox, but i probably wont be doing the deba debate. Senator ted cruz taking trump to task for sk