Does rbc have to say about the sell off and jp morgan is boosting the annual fee for one of its most popular credit cards. Worldwide exchange begins right now. Good morning. Welcome to the show. Stock futures pointing to more gains at the opening bell following yesterdays turn around the s p around record levels as well it did set record interaday highs. Up another 18 points implied today. The dow up by 153 and 60 for the nasdaq looking at the bond market yields are rising off of the lows we saw in the wake of general Qassem Soleimanis killing. 1. 874 twoyear 1. 58 as well going worldwide. After seeing a rebound innizia you can see a lot of green on the screen nikkei in japan up almost 2. 5 nearly 1 gains for the composite index as well. Lets spin that over to what is happening in early european trading. I dont see any red on there up 1 . Same for the ftse in the uk and for the dax in germany oil sinking 5 as tensions cool off for now. Crude oil for u. S. Based benchmark, wti up one qu
Ready to go. Halftime report starts now. Welcome good to have you with us on this monday our Investment Committee is here with us. Chief Investment Officer at boston private wealth. Begin with stocks battling back heightened tensions in the middle east continue to drive trading. Watching gold, oil hit highest level. Weis, happy new year, havent heard from you in a few weeks. The question we have today, are the risks becoming too big to overcome this rally . I dont think so. I dont regard happening in iran as geopolitical risk a factor. Weve seen it so many times before markets have gone through it if oil has a sustained rally and moves higher, that will impact the economic picture particularly in europe i dont see that happening either were the large zest producer. We can measure demand to meet prices to me a bigger risk that just came out is bolton testifying in congress in the impeachment hearing. Youre reading news its literally just crossing the tape we might as well tell everybody
The start of equity trading. Here in europe, but as ever, our coverage is global. Lets check in with what we need to be watching for. We are live in hong kong and paris to give a rundown of the stories you need to focus in on. We have Global Coverage coming in from the team as we focus in on the weekend events in hong kong. A budget to talk about in saudi arabia. An protest activity in france that matt was just referencing. Lets go first to stephen engle, who joins us with the latest protest activity. Give us a rundown of what has been happening. Question is how long will these protests continue . Ongoingeen six months with violence over the weekend and late yesterday we had the first major march again from the ch rf, the organizers of those large million plus person marches back in june. They have had their applications for marches denied by the police up until this weekend. It has basically been carried off without incident. There was some vandalism at the high court and some graffit
Off. It was a busy earnings day dominated by corporate news. And we begin with something no one saw coming. Biotech firm biogen surprised investors when it said the experimental alzheimers treatment was ready for the Regulatory Approval press. As you may recall, seven months ago the company discontinued the study of the drug which some expected to be the next blockbuster. Analysts say the profit potential is huge because there are no current therapies to reverse affects of the disease. A disease affecting millions and projected to affect millions more in the years to come. The news sent smars of biogen 26 , the best oneday gain since 1996. But as meg tyrell reports while there is hope there is a long road ahead. It was a diagnosis you dont expect in the early0s. Jeff was only 51 when he was told he has early on set alzhmerss disease with no drugs approved to slow alzheimerss progression he enrolled in a Clinical Trial of an experimental drug made by biogen designed to attack the am man
A meeting between president obama and raul castro. The president is expected to urge castro to seize the opportunity to improve u. S. Cuba relations by expanding human rights and Economic Opportunities. For the second time since friday, north korea has conducted Ballistic Missile tests in the sea of japan. Officials say kim jonguns regime launched five short range missiles today. Earlier this month, the United Nations Security Council enacted sanctions to punish korea for another Missile Launch as well as a nuclear test. The German Government says it took in 2 million refugees last year. A 49 increase compared to 2014. Of those 2 million, 860,000 have moved to other countries. Angela merkel has resisted measures to control migration such as putting a constraint on the number of refugees. ,lobal news, 24 hours a day powered by 2400 journalists in more than 150 news bureaus around the world. Im pimm fox. Matt thank you very much. Good morning. Take a look at markets in europe. The dax ha