We are getting breaking news, a little bit of data out of germany. One point 9 move in 2016, a touch above analysts and economists expectations. We were expecting a 1. 8 , and we have a 1. 9 . It is pretty much in line with estimates, rising 0. 7 month on month. We had estimated 0. 2 , so it is coming and above expectations. We have a little bit of china december new yuan loans. It goes back to an economy in china that may be boiling up a little bit, and you china loans increased almost doubled from the period last year. Lets quickly check on the markets to see what all of this piece of news means. We had the first News Conference, press conference by donald trump yesterday, the first one sense july of last year, certainly the first one since he got elected. Maybe because of the lack of policy details, the dollar weakened a little better there was a little disappointment and markets about the press conference, and that caused investors to unwind trade positions. Gold, for example, back
Lets go straight to the markets desk work julie hyman has the latest. It looks like mario draghi caused a bit of a selloff. Can debate theou combinations. It is causing a slight selloff. Dowcontext for the s p and is that we close the high for the year. Yesterday was the high since last summer. So, investors, as we get to the sorts of levels and valuations, you get a regular says it as to whether the recent rally is justified. Of course, mario draghi asking for the ecb stimulus measures to work. That is having a clear impact in places like the currency markets, we know that mark will ve more details on the euro. Here is the dollar, looking at the bloomberg index, you saw as drug use speaking, we have a rebound back up 1 10 of 1 , also, looking at a movement in oil prices. Down, still above 43 per barrel. That is the mario draghi ripple effects side of the region. Companies ine 109 the s p 500 that reported earnings. Is a looking at the bloomberg. It is hanging onto a gain of 60 of the
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Some of the key focuses. Aldus agrees to buy 70 . We will have caroline go through that story. We have the story that draw he mario draghi may do a deal. A guilty charge for fraud on libor. It exonerates him from a guilty plea in Foreign Exchange. We are waiting to see it is a huge issue marks and spencer is down. The question seems to be around margins. The dollar is stronger going into margins. We are waiting on those minutes. Day four and the decline of dollar sterling. Youre looking at a 3 rise. How confident is the fed . We have to focus on price for you. He is not making a deal yet. Manus we have vodafone stock. Wednesday morning. I will bring you an update on the story. Another big story in the corporate world this morning. Ubs saying it will plead guilty on libor conduct and will pay fresh fines to settle. They are poised to pay fines. What do we know . They announced what the others are going to get to around 1 00. Ubs has been implicated in the same behavior. The department o
My grandfather. Im very pround of him. Her. Them. Closed captioning provided by cbs Sports Division andrew missed three, quality tipout from ben carter creates a dagger three as joe young hits a big bucket and then the senior Johnathan Loyd with the finish. Weve got a tie game at 5050, andrew. Andrew the atmosphere, doug, this place is jumping. Senior day for the oregon ducks. Seven seniors including Johnathan Loyd. The Senior Leader of this team. Calliste goes to the floor. Tries to call a time out. He was out of bounds and it will stay with arizona. Doug aaron gordon turned the ball over. Mike moser pressuring him. Gordon trying to sweep the ball, gets the ball flushed out. Andrew hollisjefferson for arizona. Andrew gordon. A whistle, and a foul against oregon. They cant believe it here in eugene. Doug arizona runs a little screen to get a diagonal screen to get the ball to aaron gordon, but he needs to go right up. Instead he goes back to his strong left shoulder. Very fortunate to