defends a former white house aide the qs of domestic violence angry protests so far as far to suspend its election campaign in colombia. and the space x. rockets ahead fears in russia that their legacy could be under threat. and i m tatiana doha with all the sports will have more from pyongyang including the court of arbitration for sport for jack to the last minute appeals of forty seven russian athletes and coaches who were waiting to be allowed to compete and more later in the program. a very warm welcome to the news hour the u.s. vice president mike pence turned a call childer to the sister of the north korean leader as the winter olympics got underway in pyongyang chang but as nuclear tensions simmered south korea s leader did break the diplomatic ice shaking hands with kim jong that s a good name reports now from south korea. a step towards reconciliation for the first time since the korean war more than half a century ago a member of north korea s ruling family is welc
strong earnings beats for google parent alphabet and fellow tech giant amazon drive nasdaq futures higher in after-hours trade, after the nasdaq extends its longest winning streak since 2013. good morning. welcome. you re watching street signs on cnbc. we have an hour together. i m super happy you re with us today. i have big news. i ll share that with you with peter oppenheimer. i know you rejigged your day a bit to say hello. greatly appreciate it. because today is my last day. sorry to hear that. so we put together a packed show, and i m super pleased to talk to the likes of you. thank you. sorry to hear you re leaving. it s been a fantastic run. 17 years. couldn t have been better. i couldn t have asked for a better ending to it either. we ll touch on some things here throughout the show. one highlights has been talking to you over the years. i think we met in poland initially? i think it was. way back when at an event. we were talking about equity markets
energy contract has not been destruck ted by the boycott. there s no interruption at all. we have flow of gas and oil going all the way to our client, no interruption. and in another cnbc ex-clues if, ermotti says investors are looking for sustained period of calm before they take out money from cash reserves geopolitical front is, you know, quite a warning in respect to what s going on almost every day, so investors are really fundamentally touched by all those, and need to see prolonged and stable pattern going forward. there are a lot of green tiles today on this screen european markets off to a positive start this week stock europe 600 is tracking up over a third of 1% today seen some gains from friday when we had solid job numbers let s look at what s happening in individual european indexes it is around a third percent the italian ftse up by a half% so far today let s look at what sectors drive the gains this morning we see real estate is in the lead almost up b
good morning. very warm welcome to worldwide exchange here on cnbc. i m wilfred frost. i m seema mody in for sara eisen. good morning to you. nice to have you with us. good to be here. let s check gobel mlobal market. futures or i should say u.s. stocks ending higher yesterday. the s&p closing about 1.6% away from the record closing high. futures indicating a lower open. down 3 for the s&p 500. dow jones off by 14, and the nasdaq off by 3. this as we kick off the earnings season for q1. treasuries have been in focus. yesterday fed chair janet yellen dropping a hint that rates will be likely rising again shortly. the ten-year yield hanging out around 2.3% to 2.4%. right now at 2.34. let s look at equities around the world. asian equities first up. the nikkei and hang seng both down a bit today. hong kong almost down three quarters of a percent. shanghai up about 0.6%. european trade to move on to that, we had some data hit the wires. eurozone industrial output down
from bloomberg s european headquarters. let s get to our top story, credit squeeze. raised capital as a part of its strategy. francine lacqua is on location. pressing, a good morning to you. a great interview so far, talking to tj talking to tg tijian. francine: it was quite strategic overall. clearly focusing on the wealthy in asia. he did say he will unlock value in the swiss bank. hand-in-hand with cost-cutting. this is what is getting investments investors worried the most. you have to be efficient no matter what. that [indiscernible] it is a very serious decision. something we will like to keep. we have pushed for self-help. we are rightsizing the investment bank. we are cutting by 72%. we are cutting prime. that is good to free up capital, because we are reducing the capital cost. where cutting cost of 3.5 billion we are cutting costs, 3.5 billion. 2.7 initiatives we re launching. what i can say about these not an is they are ambition. where worked very hard every