By train to speak to commerzbank s ceo. Our cost cuts working for this german lender . Futures are positive for europe. We are in the thick of the corporate earnings season. We will be focusing on those corporate stocks. We have a positive start priced in for equities, castrating starts shortly. The story you need to take away is the dollar continues to remain bid. The euro is on offer. The greek market down by over 2 . Let me show you how the bunds are. The market getting more bid. Bit of aing a little fluff in the market but we are back to where we are in bund yields. The yield is. 296. Lets get a bloomberg first word news update. Societe generale has reported fourthquarter profit that exceeded estimates. Their income were 319 Million Euros to my down 41 from a year earlier but above the 350 million euro analyst estimates. The french lender announced plans for an ipo of its car leasing business. At the same time its deputy ceo told bloomberg why he is not concerned about the socalled
Our job to have a system with universal access to affordable coverage. Thats what we are according to be accomplishing. Maria the latest from the battle of Health Care Reform coming up this morning. Headed towards the northeast right now the midwest kings claim today. The highest snowfall totals of the year expected. We would take you ready for a snowy couple of days. One california town is looking to become a sanctuary city. The outreach coming out. Ambushed at an apple store. Sean spicer confronted while shopping. Now his response is going viral. Things rising to an alltime high. More than 500 a year just on caesar and your banking account. Future searching for direction today. Very much fractional weighting for a lot of things this week. Federal reserve decision later this week. Central bank kicking off a twoday meeting tomorrow when they appeared widely expected to raise Interest Rates. An announcement tuesday wednesday 2 00 p. M. Eastern. Take a look at markets across the yours. F
Contrast with their house of representatives counterparts nunes and schiff. First hearing set for tomorrow. They are on their way. This is President Trump focuses on health care and says lets have a doover. He is promising he and congress can come up with a deal that satisfies all republicans and yes, youre hearing me right, he includes democrats in that as well. And top gun hhs secretary tom price bringing the case for reform back to capitol hill but is Congress Ready to play nice on the president S Health Care and tax reform agenda . Fair and balanced. Ohio republican congressman and california congressman John Garamendi, the gentlemen battling it live. Can President Trump bring peace to the middle east in the controversial u. S. Ambassador to israel will be sworn in two hours from now. This as thousands gathered at United Nations today where i had the honor of emceeing a summit aimed at defeating the Global Movement to economically and politically boycott and isolate isel. Wait unti
For the price of oil. Tom we may have an agreement it is pretty sketchy right now. Javier blas is working on it with Bloomberg News. To me, its a lot of what if. Maybe the story will change up in the hour. Francine yeah. We definitely have a freeze. That is why the saudis are talking about the tar minister. Now lets get straight to the bloomberg first word news with vonnie. Vonnie in harris, David Cameron in paris, David Cameron failed to win over francois hollande. France heads a group of european nations, unhappy with his proposals for banks in london. The u. K. Has no veto power over euro area legislation. An air raid on a hospital in syria has killed eight people. Syrian rebels say russia carried out the attack. The hospital was run by doctors without borders. A warning to the president of south korea, saying that north korea will gain the capability missiles unless the world forces kim jongil and tu new Satellite Photos show china has expanded its activity in the south china sea.
Of the table despite market expectations. Well talk Central Banks in the reason why hans is in frankfurt. Jpmorgan trading revenue dropped 20 this year amid the global rout. But the bank is gaining share in europe. Is this bad news for Deutsche Bank . We will talk about that during the next hour and a half. We are a half hour with the European Market open. Let me show you the fair value tech elation we have this mark. Fairly flat, i little bit of civility may creeping back into these assets after some fairly big days. You can see london just a little bit higher. Let me take you through some of the other assets you need to know about this morning. Pound thatg at a is back above1. 40 but has gone below that overnight. If youre on the bloomberg, go check it out. It is a great story but where economists see the pound going. Dollar yen continues to move. You could see in overextension of the fed doesnt hike. You could to the move all the way to 1. 05, what would that do to the japanese econ