At one point, it rose to the highest since july. A slightly stronger, ahead of those gdp numbers. Weiland markets right now, are seeing ties stocks up about one third of 1 . A lot of focus has been on that as china says they will curb. India looks to be a green day. The rupee seeing strength at 63. 89. Haslinda taking a look at currencies, the aussie weakening after rising to fourmonth highs versus the greenback on risk on at 111. 29, up 3 versus the dollar since november. Investor interest in japan stocks. Bitcoin on a trip down. People are beginning to ask what does bitcoin and dotcoms have in common . That plunge spooking some investors. We stay prepared for the worst. We get more on the markets later on. On to theets get first word news. Rose chinas home prices in the most cities in six months in december even as the government prolonged a campaign to curb property speculation. Rose and 70 cities tracked by the government compared with 50 in november. Isis fell in seven cities from
The latest trend in fashion. , whichs a trend growing are u. S. Companies bringing their cash back from abroad. We know apple is the big one. They are going to be bringing billions of dollars back, which means theyre going to pay 38 billion in taxes. And that is really, for lawmakers to pass the tax reform, that is the eyes on the prize. They have built up this much money overseas, when are they going to bring it back, and how much is it going to bet go back how much of it is going to go back to the economy. In creating jobs, which is most important to the white house. Those numbers that were highlighted in the press release if you look underneath the hood, theres questions of how much is going to be repatriated back and where it is going to go . A lot of the money is in the denominated dollars. And will other Companies Follow as well . In the meantime, another note on that, apple is spreading the joy, with employees getting bonuses. We also have overall stocks up, and a wild ride that
Operation managed to save everyone on board of two boards distressed in libya. The recent humanitarian and medical assistance. The coast guard has saved more than a thousand migrants in the past week. European commission chief says that the offer is still on the table for the United Kingdom to remain in the eu, even after both sides have entered the second phase of their divorce talks. Addressing the eu legislature, he said that we are not throwing the british out, would like them to stay. The exit of Great Britain is a catastrophe. That we all have to deal with the consequences of. Says that even if article 50 is set up for the u. K. To leave, theres an article that would allow them to a seat again, and i would be happy to facilitate that. Proposedr says that he new puzzles to settle a 25 year dispute involving greece and macedonia were progress can be made. With the core shares of both countries today, he is very hopeful that this process is moving in a positive direction. Leadership
Equity, stellar, super killer, 1. 92 million. I want to highlight their Wealth Management. That revenue, 4. 4 billion, better sequentially. Margin dipped a little bit at 26 , but that is their breadandbutter and looks very solid. David they put so much investment into Wealth Management they said it is a big part of their future. The margin down a little bit, but they are still doing well. Morgan stanley does more equity trading than others, so there equities are good. Alix Goldman Sachs, the highlight for them was their Investment Banking revenue, but Morgan Stanley showing no signs of letting up. Is 1. 55 compared to an estimate of 1. 3, so they are beating there. Alix joining us are Alison Williams, and on the phone is can leon. He is a buy rating on Morgan Stanley with a price target of 59. You are big takeaway . Is an i would say ficc little bit of a surprise, but no surprise coming in strong. We expected markets to help their execution, and it looks like they are right on plan. Th
Mark we will discuss that. And speaking in the nexty hour. And getting real on the rally. Our stock valuations getting [inaudible] says yes. Every bit of good news seems to be incorporated into the market rises right now. There is not a lot of room for bad news. Matt we are less than half an hour away from the european open. We will see how european stocks do this morning. Futures are pointing to a positive open. We do see green on the screen when we look at equity index futures. The interesting thing i think to look at his treasuries. We saw yields creeping up toward 2. 6 percent again today. I have a threeday chart of the u. S. 10 year and you can see we are almost there. Not quite at the level. 0 on treasuries. To computer is rounding up 2. 6. We know better. Tom keene taught me to go out four significant digits. They are significant. Lets see what is happening on the gmm. Wonder whether the bund is going to be the tail wagging the dog today on the treasury market. Keep an eye on th