Performing sectors investors search for safety following the attack seeking safe haven assets like gold and yen. Hitting record highs on the first trading day of the year. Good morning and welcome to street signs. Our top story today, the pentagon confirmed irans top leader Qassim Soleimani was killed he was the head of the quds force. The generals death marks an escalation in tensions between tehran and washington following the u. S. Attacbeing attacked at embassy. We are seeing brent up to 68. 44 you can see about 3. 3 wti, 63 now up equal amounts about 3 . Looking at some Major Oil Companies as well. You can see a lot of those are positioned in the uk you can see bp Royal Dutch Shell up about 3 . On the flip side, weve got travel Companies Trading deeply in negative territory. France air down. Higher oil price not a good thing for the Airline Industry lets talk a little more about the politics and ramifications here lets get out to our correspondent who is in l. A. Today. Talk us mo
Upside we are seeing and some of the other parts of the Continental European market. And with perspective, it seems to be one of those days where the markets are looking on the bright side. He saw that in the Asian Session and the futures, and the u. S. Futures pointing higher. I do say we see some areas of red. We have been focusing on the scandinavian financials and have had some reports this morning, so we will see, but elsewhere, matt, i see a lot of red on the board. On thereat deal of red board. It seems the market just wants to go higher this morning. Matt yes, and we do see a lot of scandinavian movers who have put out earnings today for one reason or another. The big movers to the upside, if you take a look at a number of stocks gaining, 409. The number of stocks losing 159. This to percentage movers, anna, so we will see a difference. I did this because a couple of the Earnings Companies are not big Market Movers but still making a lot of headways, so there is a logistics com
Here. Good to see you. Payne Capital Management president , ryan payne and fox business deirdre bolton. Good morning. Happy monday. Here we are ready to go. Dagen ive got cooler head, what i wrote down on my folder as i watched comments about a Angela Merkel and President Trump about the trade situation. Last week we saw the dow sell off, more than 600 points as more and more investor were worried about the u. S. And china not to be able to be on the same page in some sort of way, create a framework. Now with these comments, seems like indicating a higher open, thats all that investors care about. Business owners are thinking how will i adjust to this, whats coming. Any bright spot, green on the screens, there we go. Dagen exactly. Also this morning, American Enterprise institute u. S. Research strategy in asia, he heads it, zach cooper on china trade. Roger williams is here to talk tariffs and trade. Former u. S. Secretary of commerce, former kellogg ceo, Carlos Gutierrez on the g7 su
Focus today as we watch and see what happens with todays iran nuclear story. Anthony we are waiting for something to happen. How long will it take the iranians to get their crude. They are wrestling with your the banks say it could take 12 months. Markets are discounting mechanism and they are already discounting. We are starting to see the price of crude you can see it is coming down over the last few days. Expectations are that if we do see a deal, it will continue to soften. Anna the great optimism greek optimism. An agreekment. That is really horrible. It was the picture up optimism. Some of the gloss has come off of it. You can see the shanghai reacting. That his house or reza will be debating a little bit later on today. Lets carry on the conversation about it looks set to be announced today. Anna diplomats are starting to prepare the final text sometime this morning. Elliott has more details. It does feel like we have been here before. How many times have they missed to these de
Those are bonds and commodities umns. E final two col friday, a new record. It pushed the dax above estimates. Rsi is the relative strength index. The lower part of the chart is that an 18year high. The been overboard territory, levels not seen since the bubble. The rsi recently reached 70 points following the election of donald trump. Keep an eye on the ducks index dax index. The appetite for stocks tied to growth is no longer benefiting europe over the rest of the world. Index has lagged its mid2016uivalent since as banks have rallied. Morgan stanley analysts assign the blame to a scarcity of Technology Stocks in europe. The blue line, cyclicals versus defensivens. Turning to one of the periphery countries, portugal. There are still signs investors are hungry for portuguese bonds. This is the 10year going back to 2014. The yield on the 10year is hovering just above 2 , down four basis points today. This is a level not seen since just after the country exited the i. M. F. Ale out in 2