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Rigged. Michael lewis says High Frequency trade is using an unfair advantage which is extracting billions of dollars from investors. Welcome to the first Worldwide Exchange of the week. Europe has now moved into summertime, so we have now regained five of the differential with the United States, but things have changed as far as asia viewers are concerned. An hour into trade today, here in europe, you can see advances currently outpace decliners by a ratio of 72 on the dow jones 600. The ftse last week was up. 90 . Down on the quarter 2 . We are up another half a percent. The dax is up a quarter percent. The ftse is up a half percent as well. Lets show you turkey throughout the morning after the Regional Party victory in local polls. And the bist 100 is up. 33 th ....
Right now they suggest the dow would open lower by 20 points. The s p will open lower by 4. And the nasdaq opening lower as well. Who is the big star for the week . You said we have a big star for the week and showed those people. They were on tuesday, wednesday and thursday. Who is the big star of the week . The week ahead. Who is on today for the big star for the week . Michelle carusa cabrera. Oh, got it. I thought that sam zell was on today. And we have the guy from wall street journal. Thats cool. I thought it was the guy who sang that song but thats jerry raferdi. Will you stop for a second. Jerry raferdi on baker street. If you dont let me finish my theres a punchline there. I didnt get it, either. No one did because no one got to hear it. A federal judge refrained from issuing an emergency order that would impart millions of General Motors cars recalled for defective ignition switches linked to 13 deaths. The judge needs m ....
Pedaling. They said if there is a too prolonged period of low inflation rates, it will also consider unconventional instruments. And back in fashion, shares of luxury sales beat in the First Quarter. The best Clothing Sales were posted in three years. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Welcome to todays program. To the trade here in europe, 82 advancers currently out pacing decliners. It seems more dovish than we might have thought because they didnt talk about the time line between the end of qe and when rates were going up. Now appears that janet yellen saying six months was an off the cuff remark when they talked about a considerable time period between the two events. Thats helped u. S. Equities up, asian equit ....
He will be on power lunch with us tomorrow for an extended interview after the release of his new book. It is called flash boys. He says the markets are rigged, mostly because of High Frequency trading. Are these markets free and fair for everyone . We will begin a conversation about that today, continue it with michael tomorrow. And north and south korea engage in artillery duels. Is this the real flash point the market should focus on . After a weekend of quakes and aftershocks in california, we are going to talk to a top seismologist at the u. S. Geological survey. Could the big one be coming . When . First, though, to sue, who knows a little bit about quakes and shakes. Oh, yeah. From southern cal. I have been through a number of big ones. It is not fun. Its going to be a very interesting conversation. She is the top seismologist in the united states. Meantime, right now, theres a little rumbling but thats the sound of the bul ....
Package rounding up spending. It helps the countrys Railway Stocks steam ahead. Imf Christine Legarde urging policy easing. And stronger data helps appreciating stocks to the longest rally in three months. The dow flirting with a new high. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And welcome to todays program. We are just over an hour into trading during the european session at the moment. You can see on the stoxx europe 600 currently, advancers being outpaced by decliners by around about 5 4 at the moment. Lets show you where we stand. We hit the session lows just a short while ago. Yesterday, the ftse 100 was up just six points. Right now, its fairley flat. We have Services Data coming out of the uk. We had th ....