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injured in their kibbutz during the october 7th terror attack. good was declared dead last week. their bodies are still being held by hamas in gaza. they are among the eight americans held hostage by the terror group. our condolences to their family. [shooting] idf releasing new video of troop activity in the gaza strip as it works to eliminate hamas. israel s military chief saying the war will grind on for months. i m mike emanuel molly: happening overnight israeli forces conducting a raid in the west bank leading to the arrest of 21 suspects who the idf says helped finance hamas through digital currency and cash. those arrested worked as foreign exchange brokers with at least tens of millions in israeli currency being confiscated. trey yengst in live in tel aviv, israel with the latest on this. to you. good morning. i do want to start with the latest out of the west bank. israeli forces launched new raids against militants and infrastructure. the raids targeted ....
I am anna edwards. Also, talking the deficit. George osborne tells charlie rose that the u. K. Is a front runner in the world economy. U. K. , weularly in the have a budget deficit, even though it has come down by half. Our debt to gdp is too high at 80 . We want to be in the front ranks of economic nations. Russias currency is in crisis, and its economy is unraveling. The ruble plunged to its lowest ever against the dollar despite the Central Banks efforts to stem the route with its biggest Interest Rate hike since 1998. There is the dollarruble over the last two days. It touched 80 yesterday, coming. Own to around 71. 75 today still, the russian Prime Minister held an emergency , deciding not to consider currency controls. The economy minister insists the moves are not reflective of the countrys fundamentals. Of course, ....
About 8 billion to banks at discounted rates. The goal is to allow the firms to relend the money to small businesses. Its been more than 24 hours since swiss Central Banks shocked the financial world. It abandoned its cap on the euro an were still learning about the fall out. Regulators around the world are looking for information about what happened and how some retail brokerages entered insolvency. It says the volatility left it with a negative equity balance and its trying to sure up its capital. Lets take a look at whats happening with the u. S. Equity futures this morning. The dow was down by triple digits yesterday. The dow was indicated down by 42 points. S p few turs down by 6 and the nasdaq down by over 28 points. Of course as weve seen what happens in these early hours is no indication of what would happen by the market close. No indication of what would happen by the market open. So true. A lot of volatility out there. I ....
Losing streak to finish on a positive. In the meantime though, more fallout from the swiss currency mess. Now some Retail Investors may be getting hit hard with no safety net. Well explain whats going on and show you how the impact there is much wider than the swiss franc. Oil rallying today but still solidly below 50 a barrel. Though you might not want to get comfortable with that too much. We have chris with us today from moodys. He says he sees oil back at 80 again and soon. What would drive it back to that point . You dont want to miss this interview later on the closing bell. Consider me dubious. I want to hear what he has to say. Nobody thought wed be this low in the first place but thats how markets work. We are up 101 points on the dow in the final hour of trade. The s p bouncing back nicely as well, up 16 points. Back above the 2,000 mark. And that nasdaq take a look. You have similar gains across the s p and nasdaq. Th ....
Marketsen futures in the red. Fallout from the Swiss Central Bank move continues with sharp moves in the oil market. Earnings from Goldman Sachs, intel. Goldmans down 2 in premarket. Favorable and selective treatment in luxembourg. Eu lays out its case. Stocks in the midst of a fivesession losing streak. Markets continuing to absorb the surprise move by the Swiss Central Bank. Oil prices on the rise after iea slashes growth forecast for nonopec oil supply by 350,000 barrel as day, adding signs are mounting the tide will turn when it comes to price recovery. Jim, seems like currency brokers will get the lions share of the attention early on. Yeah fxcm the outfit everyones talking about, david, when i was getting made up, have you looks at fxcm i steal your thunder. Yes. You move fast in 25 minutes. When you tell me ....