It will leave fliers series wait till you here this scary in highway fire bridge collapsing truck under it details ahead gas latest a retailer to report rules Closing Stores around the world to focus on u. S. Business markets look like this asia modest begins a across the board half per cent higher, japan, hang seng up almost 1 , take a look at european markets s p 500 expected actually trading up about 1 and a third percent cac quarante in paris up better than 1 as well, the dax in germany higher futures gaining once again we are expecting a gain of opening of trading for Dow Jones Industrial average of 50 points theek would all three major maifrnz headed for losses the unique dow s p on track for their longest losing streak, since 2014 works and once again we see a loss on the week you do you know about 1 joining me fox nice becker Dagen Mcdowell the wall street journal editor in chief jerry baker recon capital kevin quelly happy friday. Good morning, good morning. Jerry thanks for b
For heart surgery. He was 87 years old. Renewed concern about Deutsche Bank, lowest level in 24 years, reports say that Angela Merkel ruled out any governments help to german lender. That is setting tone for markets this morning. Take a look in the the u. S. Stock market futures indicating decline of 100 points. Clearly the Banking Sector among the weakest points this morning. We are going to talk about that and the impact on Deutsche Bank. In europe major markets slumping more than 1 . Big decliners, financials, energy, all down, the cac quarante down. Investors lower expectations over meeting. Plus one local brewery going back in time for tonights big debates, details on recipe that dates back to George Washington. Joining me to talk about it Fox Business Network Dagen Mcdowell, recon capital kevin kelly and pollster lee carter. Good morning. Dagen hilarious. Maria expectations for hillary, people expect her to know policy really be strong and good debater . Dagen i dont know, im alw
Wasas the asset bubbles he worried about. We will continue to talk about that. Markets areow the reacting to this complicated decision. We of newsmakers throw the Program Including a Company Chairman and formal Federal Reserve chairman Alan Greenspan. And black rock ceo larry sink larry fink. It is quite a big program. First a check in the markets. Hawkish hold one hundred percent risk rally across the globe. Take a look at this it is green all over in europe. Telecom leading the way, euro stoxx 50 energy also moving higher. The dax now at a two week high. What does that mean for fx . It means a weaker dollar. You have the british pound up against the dollar. The one currently not in this is dollaryen, it is higher than you have investors digesting the boj decision from yesterday. Ng across theyi board. A strong rally in steel and iron ore. Those risky bases are seeing a huge move also crude is up. In the bond markey, i market, it is buying in the wrong end of the curve. Different 10 y
Banks and commodity stocks weighing. The nikkei dropping more than 2 . The index is down more than 10 since the beginning of january. In the u. S. , stocks coming off a wild session. The dow traveling more than 1,000 points yesterday during a very choppy session. This despite a relative ly leve trading range of 256 points. A big move yesterday. Sharply higher open for the dow jones. The s p opening higher as well as the nasdaq. Mike, Deutsche Bank says theyre going to buy back senior debt, potentially. Why would that move the u. S. Markets . Why would that help Deutsche Bank with its capital . You have a bid in the market, especially in the bank stocks, right in the afternoon when you got that report. Clearly the market likes it. It signals Deutsche Bank can do this, that it has the liquidity to buy back the debt. Its almost a signaling mechanism to say, were not so constrained, we dont have a liquidity trap right now, and we can actually do this if we want. Thats one reason. If the co
2. 5 . The dax in germany up by 2. 25 . In italy, stocks are up by 3 . Oil prices hit their highest levels since november yesterday. You do see a little bit of a retreat this morning after comments from an official in saudi arabia. Right now you see that wti is down by 64 cents. Still well above 40 at 41. 53. Just days ahead of a meeting of key oil producers, saudi arabias oil minister has reportedly ruled out an output cut. Of course, yesterday the huge rally was sparked by a Russian News Agency report that russia and saudi arabia had agreed to cuts. Still, you have a lot of things coming in. The expectation that low prices are really starting to cut in places like latin america and here in the united states. Lets get you caught up on some of the big stories happening today. Bank earnings likely to set the tone for trading today. Jpmorgan is the big one. Its happening at 6 45 a. M. Eastern time. Well bring you that news when it happens. Analysts expecting earnings of 1. 26 per share o