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Back to shareholders. Shell divests its oil sands, investments for 7. 5 billions and agrees to buy Marathon Oil Canada in a joint deal with canadian natural. Cnbc speaks to Ben Van Beurden at 19 10. And altice shares move higher boosted by u. S. Growth. Well be speaking with ceo Michael Combes at 10 30 cet. Good morning. It is ecb day, the day before the jobs number in the u. S. Excitement and on the back of the super strong adp employment figure we had yesterday. Blew it out of the water. The fed hike next week is baked in the cake. It would take a lot for them not to hike. The jobs report tomorrow is about how many more hikes will we get in 2017. Thats the key focal point. Then we have some interesting news, akzo nobel shares soaring after rejecting a bid from P ....
Stephanie a cultural leader. We think about what wall street has been or the last war years. Mike bloomberg to Michael Lewis talk about talking about what an extra ordinary character he was. This ecb announcement coming today. You are looking at green, matt miller. Poker andad liars that is what got me interested in this business. I had the honor of interviewing John Gutfreund on many occasions and an absolute giant in the industry. Anyone who has not read the book should. Look into his career. Markets, gains in futures ahead of the ecb meeting. All about the ecb meeting today. We were playing cool and the gang earlier, excited. Stephanie you were playing cool and the gang. I would like to separate you. Matt a celebration. Seeing what mario draghi does, the market expects him to cut the rate by 10 basis points, 80 . A 20 chance, according to futures that he cuts by 20 basis po ....
Headquarters. I am Francine Lacqua straight to the markets because they have been hoping for an hour. Stocks overall dropping. U. S. Stock indices are on the downside. Oil and copper falling. We have report showing that it is slowing slower than expected. U. S. Treasuries are rallying. Lets get to first word news with nejra cehic. Nejra german Industrial Production jumped more than forecast in germany. From december it climbed 3. 3 from december. European Union Leaders have its toward an agreement with turkey to halt to the inflow of migrants. Is jeanclaude called plans a real game changer. The separation without turkeys willingness to take back all irregular migrants who had been apprehended. Beay we were assured it will possible. All of the abovementioned ofisions that the days irregular migration to europe are ....
They rise for 20 straight months with all major markets showing growth. Asia markets take their queue from a record close on wall street and the promise of chinese reforms. The shanghai ending with the nikkei at a three week high. Welcome lets get straight to markets and the euro in particular which was soft yesterday but markedly soft today. Took a big leg down about half an hour or so. You can see its 1. 118. Down 1. 2 . This came after the ecb board member expressed concerns about the repettive of european bond sell off. He cited extreme volatility and reduced liquidity and added it will be front loaded ahead of the summer lull. What has this done to equities . They moved in the opposite direction as you can see. Across the board equities are looking strong. Ftse 100 lagging. Its up. 5 where as Continental Europe is up significantly. Italy up 1. 3 . Lets have a quick look at bonds as well which have also seen a little bit o ....