I dont care if mondays blue. Tuesdays gray and wednesday too. Thursday i dont care about you. Its friday, im in love. Monday you can fall apart. Tuesday, wednesday lauren welcome to fbn a. M. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren lets take a look at how your money is moving this friday. Dow futures gaining 223 points, could swing into positive territory on the week with just a 77 point gain today. China is removing some Foreign Ownership limits to its companies and that is seen as a positive. Cheryl lets take a look at the price of oil, shooting up overnight, a possible terrorist attack on an Iranian Oil Tanker, that tanker was 60 miles off the coast of saudi arabia, was most likely hit by missiles, according to the news agency which also reporhe you crew was unharmed. Lauren were seeing a strong promising trade negotiation thats are happening here again today. The shanghai composite gaining 1 . Cheryl we may get a brexit deal. Hope springs eternal that the
If we get a currency pact, maybe we see a weaker dollar. Time now for global exchange. We bring you todays market moving news from all around the world. From hong kong to london to washington, this mornings top stories. We start off with china. After decades of waiting, china is setting out a timetable to remove its Foreign Ownership cap on financial firms. On the phone from hong kong is bloombergs enda curran. What does this actually mean . To wind is a roadmap they can fully take over their operation in china. Theyve been pushing for this for years. It will begin next year. Its just the latest step on chinas part to attract more foreign capital into its Financial Markets, to buy more stocks and bonds, and that is a good thing for their companies. The timing is hardly coming to dental, coming in the background is hardly coincidental, coming in the background of trade talks. It remains to be seen whether and how quickly these approvals are granted to foreign firms. Alix now i want to t
He hit everything and anybody, go ahead. Maria quite the scene inside and outside the rally, of course, breaking news this morning, oil prices, markets are moving this morning after missiles hit and Iranian Oil Tanker, saudi port city of jetta overnight, iran state media, leaking crude into red sea, iran says the situation is under control now, the ship crew is safe, key shipping route for global oil industry, lets talk about that, here oil prices up and 3 quarters percent, reaction here. Look, this is just an isolation of tensions, we dont neglect that, its unconfirmed. Theyll be a marginal strike in prices. Thats right, we saw that attack on saudi oil field, we got spike up in prices but it didnt sustain, so i dont see this being i think this continues, but i dont see it as being sustainable higher earning. Maria in terms of resilience of the u. S. Given the supply thats coming out of america right now. Dagen as long as ive been wearing a microphone and makeup sitting in front of a c
Good. The uncertainty around the talks casts new doubt on growth. Robert kaplan says he is not sure the u. S. Economy can severe downturn. They see a power play to a new brexit deal. Gilts shery jump. Shery lets get you gilts jump. Gaining. 25futures percent after positive comments coming from President Trump on trade talks between the u. S. And china. Themism was already felt in regular session with the s p 500 closing. 6 higher. We had banks and automakers leading the gains. It did not hurt that we got u. S. Cpi members below expectations this morning, doing little to discourage Market Expectations that we could be more fed easing. The best performer on the markets today was the Energy Sector as we had wti rebounding from a two month low, gaining the most in three weeks after the secretarygeneral came out and said its members and allies, including russia, would do whatever it takes to avoid another oil slump. Lets see how markets are trading in asia. Sophie australian markets are ope
4 00 a. M. In new york. The Democratic Candidates not named Bernie Sanders are running very short on time. The South Carolina primary coming on saturday, sanders is close to racking up a lead that will be very hard to beat. Its full steam ahead for the vermont senator after a convincing win in the nevada caucuses expanding his map to super tuesday states. Sanders was in austin, texas, last night. Ive been hearing the establishment is getting a little bit nervous about our campaign. And you know what . When they see if the cameras turn on this crowd and our friends in wall street and the Drug Companies see this kind of crowd, youre going to really get them nervous. [ cheers and applause ] about a third of all delegates are up for grabs about a week from tomorrow. Most of the splintered field focused on South Carolina now looking for a momentum boost. After mostly ignoring sanders at least weeks debate, expect him to be a prime target at the next debate tomorrow night. I am here to make