happy friday 13th everyone and welcome to worldwide exchange. >> here are your headlines from around the world. >> shares rallying after the german bank agrees to a $1.5 billion settlement. >> u.s. stocks rally to their best day in a month but the s&p 500 is still on pace for the third weekly loss. >> russia central bank is widely expected to cut rates when it announces it's decision in just over an hour from now. >> and there's a new twist in

the saga. u.s. authorities are investigating whether people hired by bill ackman may have been potentially trying to drive town the company's stock. welcome to the show. after a couple of down days in wall street a rebound on wall street, the s&p 500 and the dow back in the black for the year. the bond market and currency market clearly reacting. we had some good days in europe and some bad. the same is true for the u.s. that's part of a broader sentiment but we had this long

six year rally and it starts to lead to more meaningful correction. >> some say u.s. markets are looking more fully priced. the european stoxx 600 index up. u.s. futures interestingly enough a mixed picture. the s&p 500 with a higher open around 2 points. dow jones down and nasdaq up about 5. as we were telling you a couple of days on wall street. a strong rally for the s&p, the dow, and the nasdaq. we'll see if that continues in today's trade. here in europe the rally continues. the french markets down 2 points. italian market up about four points. when you look at the german dax it's on pace for the 9th straight week of gains and the ftse 100 seeing a gain but

basically plat on the day. commerce bank shares sharply higher after reaching an agreement to pay $1.45 billion to u.s. authorities to settle allegations of sanction and money laundering violations. the german bank was accused of previously ignoring sanctions on countries like iran and sudan. the one off charge caused a steep decline in commerce banks 2014 profit. as you can see up about 4%. we'll keep an eye on this stock. >> it's a mixed finish to the week for european equities. at the start of the week it was very clear that european equities were outperforming u.s. equities because of the monetary policy. in the equity market it's less clear but that differential is very clear. highlighted by the u.s. ten year yield at 2.13%.

it's been above 2.1% for awhile and ticking up at the margin where as yields in germany were incredibly low. since the bond buying program started on monday here in europe yields remain very very low across the board. highlighted by italy 1.14%. the u.k. not part of that bond buying program at 1.77% closer to the yields in the u.s. let's look at this trend of course best highlighted by the euro dollar weakening again today. yesterday that u.s. dollar strength trend just becaused. weaker retail sales data but continuing that trend for the best part of a week or two. the euro highlighted it. that's off another .2% today. u.s. dollar rallying against the yen today and similarly against the aussie dollar.

the pound is flat today. let's check in on commodities quickly as well. brent at 57.02 and of course we have been highlighting that u.s. dollar strength. that rate factor as reason for u.s. equity weakness. now sri is standing by in singapore for us as ever. over to you. >> very good to see you, sir. let's take a look at these regional markets. i want to focus on the nikkei 225. a very convincing break above the 19,000 handle. you're looking at fresh 15 year highs for the nikkei share average. the stock you were watching today -- this is the manufacturer of industrial robots. now investors were reacting to a report saying they would raise the dividend and consider a stock buy back. this is an index heavy weight so

it was responsible for the bulk of the gains on japanese equities. take a step back and look at how the nikkei has performed over the week. up 1.5%. the fifth weekly gain and that is the longest since june. so strong showing for the nikkei. very different picture for some of the other markets. it's been straight. the new zealand benchmark hit another record high. i wanted to highlight the benchmark nse index in india. that is on the defensive now. down by 1.4% and getting worse. what investors seem to be reacting to is the february cpi number consumer price inflation number yesterday. 5.2% was a bit hot so that's got some people thinking perhaps the he reserve bank of india may be

more cautious in the future about the pace of easing. they may dial back. so that is what investors are jittery about. remember the rbi easing before the scheduled meeting was one of the reasons why the market really got juiced. so some feedback now for india. next week will be critical with the fomc. what janet yellen says. there's a press conference there. is it going to provide more ammunition? are we going to see further depreciation in local currencies? that's one of the big stories next week. back to you in london. >> absolutely. all eyes on the fed and global market reaction. let's talk more about that with head of european fx strategy at morgan stanley. a pleasure to have you on this morning. >> morning. >> let's talk about what is dominating the investor discussion this week. the stronger dollar the weaker euro. some of the traders say the euro has fallen too low.

especially when looking at the latest growth numbers. you look at the employment number and inflation number as well. we're seeing an up tick. has the euro fallen too low? why is it not responding to some of the economic data points? >> yes, that's quite an interesting question. i think we are likely to see the euro changing it's behavior relative to economic performance and relative to asset markets. you can see a break down in the correlation between the euro and equity markets. out performing and rebounding strongly. but the euro has come under pressure and that is very much a function of the monetary policy within europe because of the qe getting underway. you can see that break down in that relationship continuing and

even extending further. so while we have this environment in place it does mean that the euro is unlikely to add to positive data coming from europe. so while we may see more signs of growth slowly coming through within europe that's unlikely to be enough to pull the euro out of its down trend. >> let's also just talk about the other trend we've seen this week. it's not just a weaker euro and stronger u.s. dollar. we've seen the emerging market currencies suffer in recent weeks. you do say blame the euro for that. but it's not as simple as the countries with foreign vulnerabilities that are suffering. >> this is actually quite a complicated picture now for free emerging markets. there's many global themes that will provide challenges for emerging market currencies. you mention the stronger dollar and also the rising in yields in

the u. s. which have a big impact on to global funding costs. particularly countries that have high foreign liabilities. that's going to be a major thing that's going to continue to challenge many emerging market currencies but also with the weaker euro and the fact that it's likely to export deflation particularly into asia we believe as well where deflation is already started. it will come a bigger theme as well. that's going to start an impact on axj currencies. we're starting to put our focus on to the asian regional currencies. we think they'll be at the forefront of having to address and to meet the challenges of these global risk events. >> and of course we have a russian central bank decision today as well. inflation still high but not quite as much pressure as there

was about a month or so ago. can we expect a rate cut today? >> well i think as far as russia are concerned we need to keep a close eye on the international environment as well as the domestic environment. we are still very cautious with regards to the russian currency and we're not particularly looking at that closely at the moment. so we still think that's going to be a bigger risk into the region as well and even have a potential to be a further risk factor to the euro. so overall, when you look at the currencies within the g-10 world that we see that the euro still continues to stand out as probably being the weakest and the most exposed to domestic and to international factors. >> thank you so much for joining us this morning. much appreciated. head of european fx strategy at

morgan stanley. >> another programming note for our european viewers. we'll bring you special coverage of the russian rate decision at 11:30 cet. investors will get a taste of inflation data with february ffi out at 8:30 a.m. eastern. just before 10:00 a.m. we get the first read on march consumer sentiment. a pair of earnings today, retailers, ann taylor and the buckle. >> economic reform in italy. stay tuned as we hear from a former italian minister from economic development. that's live coming up in a couple of minutes here on worldwide exchange. it's one of the most amazing things we build and it doesn't even fly. we build it in classrooms and exhibit halls, mentoring tomorrow's innovators.

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the russian central bank decision is due in just over an hour with forecasts calling for a 1% rate cut and herbal life shares soar on reports of a probe tied to bill ackman. u.s. prosecutors and fbi are probing possible manipulation of herbal life stock.

the wall street journal says authorities interviewed people hired by bill akman that ran a campaign against the company. they're looking to see if they lead false statements to lower stock price. neither have been contact td by authorities and it's possible no charges will be filed. take a look at shares up about 7% in frankfurt. the united steelworkers union struck a deal with shell that could end a strike at a dozen refineries. it provides for wage increases, protects health benefits and addresses levels and workloads. they created unsafe working conditions by requiring extensive overtime and hiring more workers they claim were not as well trained. >> meanwhile, italy's prime minister continues to push ahead

with the broad reform agenda. thousands of students staged a march on thursday over the weak state of italy's educational system. julia is at the workshop on the shores where italian ceos and politicians are meeting to debate the financial markets. let's get out to julia now. >> thank you wilfred. let's kick off on this idea of the reform and the possible risks to implementation as far as that reform program is concern concerned. sir, there seems to be a lot more optimism about italy's prospects right now. to what extent should it be qe and the weaker euro an how much of that is about the program and what he has achieved in the last year? >> we can certainly be more optimistic because of the

policy. qe is effective. it's not enough. we now have a scenario situation that can push the economy but at the same time we should avoid the mistakes that japan has done in the past. we need more economic stimulus. monetary policy is a prerequisit but not enough for the economy. >> looking as far as italy is concerned i speak to the deputy secretary general this morning and her view on even if we look at it, the impact is far smaller than what the government believed will happen. you're concerned but not enough. >> we need to match more. not only more economic stimulus but much more deep structural reforms. what we are doing is certainly a little step in the right direction but we need much more. >> the prime minister skirting

on the surface. it sounds big but it's not enough. >> he's announcing a lot of things but the content of the reforms is not courageous enough. >> risks are only going to get bigger. >> you don't even think we're going to be able to implemented the reforms? >> no. some reform but not enough. more, more more attention on execution. >> if we're talking about qe in europe getting it through to the real economy, a huge challenge for italy because the banking sector still needs a clean up. we're talking about a bank taking place in italy, how big does that need to be in order to have any kind of impact given the scale and the size in this country? >> i don't believe that's such a big problem. money is there. the problem is with demand with

the fiscal stimulus where i was talking about before i don't believe in the bad bank concept. i don't believe in these interventions to fix private banks problems. but, again, that's not the main problem. we have to push economy. we have to push investment both private and public and there is nothing like that on the way today. >> 15% drop in investment in the euro zone since the financial crisis. they don't have the latitude to do it. great to chat with you. guys i'll hand back to you. we're going to be back in a few minutes talking to thomas glocer. the former ceo of thompson reuters and investor to get his idea of what we should do to boost levels. >> thank you so much. coming up on the show tech companies are stepping up their game in the market for augmented

reality but are the products worth your while? we'll investigate the latest trends coming up next.

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research firm says they're holding off buying and the stronger dollar makes pc's more

expensive in other countries. on thursday intel cut the first quarter revenue forecast partly because of weaker than expected demand for desktops. >> i think it ended down but definitely one of the big movers in yesterday's trade. another stock to keep in mind is ibm. they're considering adopting the technology behind bitcoin to create a cash and payment system. according to reuters the company is looking at whether block chain technology could be used for transactions in u. s. dollars. a very interesting story that we'll continue to follow whether this old legacy company like ibm can make strides in this cutting edge palt space. >> a very big effort. >> now as part of our tech transformer series we have been investigating the latest trends and augmented reality and what

opportunities there could be for businesses there. check this out. >> using the telephone. >> this isn't the augmented reality you might have imagined. it's clumsy and clunky and not as effortless as the movies would have you believe. >> it's like popping bubbles. >> one of the things we suffer from is hollywood making it feel hike it's already here and already available and so easy to use. the reality isn't always what the fantasy is. >> the consumers aren't exactly jumping on the augmented reality train just yet but businesses are seeing the benefits. those slow to adopt could be at a disadvantage. >> they're seeing it as significant business advantage and that's what is driving kind of the exgrowth we're seeing right now. >> if a company were to not

deploy an august ltsolution they're missing out on efficiencies. >> they allow developers to create 3-d digital layouts. zoom in and take the roof off if you'd like. but there's many other applications. >> we're seeing a lot of cases around health care education, logistics, industries that are doing really complex things. >> we work with all the major pharmaceutical companies. all the major brands really. >> but while companies are doing it more the industry is still young and underdeveloped. >> it's moving paster than the mobility wave. so it's becoming real and in the next 3 to 5 years we'll see more of this. >> it may not look cool but it's quickly turning from fantasy to

reality. >> and you can read more about our augmented reality investigation plus loads more on our tech transformers page. head to cnbc.com to check all of that out. when i was at mobile world congress a lot of companies including samsung and htc unveiled this virtual technology. >> you tried it out. >> i tried it out. the question is will it be a game changer? is it enough to unveil a set off in the new industry if you will. >> it seems they're still too clunky at the moment. >> perhaps. but i find it cool. we'll see how the futures are trade ago head of the open on wall street indicating a higher open after the rally on yesterday's trade. and price action what to expect in today's trade coming up after this break. for the first time american kids are slated to live a shorter life span than their parents. it's a problem that we can turn around and change.

revolution foods is a company we started to provide access to healthy affordable, kid-inspired chef-crafted food. we looked at what are the aspects of food that will help set up kids for success? making sure foods are made with high quality ingredients and prepared fresh everyday. our collaboration with citi has helped us really accelerate the expansion of our business in terms of how many communities we can serve. working with citi has also helped to fuel our innovation process and the speed at which we can bring new products into the grocery stores. we are employing 1,000 people across 27 urban areas and today, serve over 1 million meals a week. until every kid has built those life-long eating habits, we'll keep working.

hi everyone you're watching worldwide exchange. >> here are your headlines from around the world. >> commerce bank shares rallying after the german bank agrees to a $1.5 billion settlement with the u.s. >> u. s. stocks rally. but they're still on pace for the third weekly loss in a row. >> russia central bank is expected to cut rates when it announces it's decision in about

30 minutes time. >> and there's a new twist in the herbalife saga. they're investigating whether people hired might have been intentionally trying to drive down the stock price. >> that rally on wall street a weaker dollar and stronger euro helping to push stocks higher today despite the misappointing retail sales numbers. taking advantage of this week's brief sell off. the s&p 500 in positive territory. futures indicating a higher open. european markets have had a mind of their own. they officially launched quantitative easing this week. so the focus on how it will feed through to the real economy. not just financial markets.

we're higher across the board. the dax on pace for the 9th week of gains. the out performance of the german economy in focus with better than expected unemployment numbers. the ftse 100 up. the cac 40 up about 7 points and the ftse mib up about 40 points. let's take a look at commodities. that's a story we continue to watch. the volatility in oil prices and we are down at least in today's trade. the wti crude at 46.86 down about .4%. brent crude, the international gauge of oil seeing red as well down about .5%. we have been seeing a rise in shares of gold and today another day of green up about a quarter of a percent. >> thank you.

that's the fundamentals. that's what you should be focused on but in case you're at all superstitious you may have noticed today is friday 13th. long considered an unlucky calendar day in western culture. but are stocks unlucky today as well? going back 22 friday 13th data suggests it's not a great day for market returns. on average the euro stoxx 50 is the worst on this day followed by the dax and russell 2000. dow jones is flat and they're average positives and lucky. >> hang seng positive 70% of the time. >> do you believe in friday 13th? >> no it's not anything worth looking at. but quite interesting the stats there. >> why not. >> let's take a look at the other top stories.

u. s. prosecutors are probing possible manipulation of stocks. they interviewed people hired by the hedge fund manager that lead a long running campaign against the company. they're reportedly looking at whether those people made false statements to regulators to spark investigations against herbal life and lower the stock price. neither ackman or his firm have been contacted by authorities and it's possible no charges will be filed. now price action shares of herbal life up about 7.4% in frankfurt. he will today open a highly anticipated investment company attended by the world's most important companies and investors. it will be set to declare the country is open for business. hadley is there for us now. let's get out to her now. >> hey, wilfred, so here it's a

big day for the president of ee egypt and the country and they're here over the weekend looking for cash. you have to look at the delegates attending. a large portion of them are coming from the uae. you have americans and the russians and the chinese. so a diverse group of people coming here. it will be interesting to see where they get the money. i did have the chance to sit down with the ceo. >> they're the largest private employer in egypt. i said it may be fun for egyptian companies but what about western countries? they're unsure about whether or not it's secure. >> when you go to london they blowout buses. we have all of this around the

world. in comparison to our neighbors syria and libya egypt is very stable. we're going on with our lives. terror is part of it. it exists but it's not going to halt us and personally as an investor i've been to iraq and algeria so i can't be complaining about these issues. >> what about the threat within? are we still having problems within the political arena here in egypt? >> no the majority of the people 95% rejected them. they don't want them. it's a democracy. it's nothing. and they would have helped themselves if they would have decided to remain at a political moment and instead decided to become a terror group. thinking this will bring them to lean down and take them back is not going to work. we would have been the first defenders of their rights and

they don't want it so we're not bothered by that. >> now just to add to what he's saying there it's interesting when you look at the list of delegates. you have u.s. secretary of state john kerry and it's interesting that john kerry is attending the conference and the reason for that is we also have to remember that there's serious questions about democracy and rule of law and certainly the issues and it's interesting that the american versus come out and stated they're here despite all the questions. >> thank you for that. we look forward to more of that after the weekend. i don't know what we're doing wrong but we're missing out on the best gigs. >> but you're going to birmingham tomorrow. >> that's true. not birmingham, alabama of course but birmingham here.

i'm very excited about. the content i'm excited about. >> how many weeks until the u.k. election? >> a month and a half. getting close. back to one of our big stories in the u.s. it's been a tough few weeks for lumberly inquiry lumber ly inquiry day to -- liquidators. >> the battle is joined. fighting back against allegations some of the flooring it sells is unsafe. it has a dedicated section on its website. a pair of slickly produced videos and held an hour long conference call to respond to an expose of 60 minutes claiming it has unsafe levels that causes cancer. but the founder and chairman tom sullivan was nowhere to be

heard. instead rob lynch took aim at short seller fuelling the story to drive the stock price down. >> individuals with a financial agenda can orchestrate an agenda against us regarding the safety of our product and cause undue concern. >> the company claimed 60 minutes used the wrong test procedure even though it's the same one that regulators used to screen and lynch insists the company goes above and beyond the regulations to ensure a safe product. it is ryu that short sellers are pursuing the attack against the company. the conference call is part of a campaign of distraction by the company he says won't work. he is betting the stock will go to zero. but for a day it paid off with the stock bouncing back at least a bit from the two week slot. >> now lumber liquidator's

founder and ceo will be on today at 12:00 p.m. eastern time. you won't want to miss it. >> we're live from the shores of lake cuomo. stay tuned for that and much more. ♪ help brazil reduce its overall reliance on foreign imports with the launch of the country's largest petrochemical operations. when emerson takes up the challenge it's never been done before simply becomes consider it solved. emerson.

now it's time for a new segment. let us know who wins this debate. i'll kick off now with the euro. everyone was saying it's already weakened too much. quantitative easing was priced in. i chose this one. last week i'm choosing it again because it highlights the monetary policy pass we're seeing across the developed world. a soft week against the dollar down over 2%. it's down over 5% for the month and down 12% for the year and it's been a perfect storm because on the opposite side we've seen increasing dollar strength and what this has been doing across both bond markets and equity markets has been clear to see. >> it's been a major focus this week but the bigger focus is how

the analyst community is reacting. barclays downgraded hp based on the stronger dollar. intel cited it when it cut it's outlook. they said quarterly revenue would be almost a billion dollars lighter than it thought. weaker pc demand. also another head wind sited by in intel but on the week it's down about 7%. so i would say yes, euro dollar a big factor in this week's trade but it's also about the impact on specific stocks. >> that's a good debate. get in touch with us. worldwide at cnbc.com. the currency move itself or the impact on the equity market. what's a bigger factor for you this week. let's get more action analysis. the spring workshop kicked off in italy. business leaders are gathering to discuss areas of potential

prices. let's get to julia who is live on the shores talking about shares of lake como. there we go. >> thanks. a lot of the criticism this morning of european policy makers is we're not doing enough to boost growth or investment. i'm happy to tell you we're joined by the founder managing partner of angelic managing director. what's the difference in venture capital opportunities between the u.s. and europe and what can we learn here? >> there's a long understood performance gap between returns on u.s. venture investing and in europe and most likely most of the data i've seen points to one key factor. the tendency of u.s. venture capitalists to kill their young early if they're not performing

and give it to the winner. >> i think it's a more general economic point as well in terms of freeing up labor markets and freeing up the movement of capital. look how long it's taken to achieve some measure of qe here versus the u.s. the european policy makers could have done this two years ago but didn't. >> this comes back to the question of we keep asking this question in europe how we take the start of the small businesses we have so many of here in europe and make them into the big corporates of tomorrow. this is back as far as what you're saying labor ability and labor reforms it's not about financing right now. it's about the key structure of the marketplace. >> i believe more in creating the right fundamentals in the market. belief in the invisible hand

than a more regime of there shall be established a venture capital market because we want one. >> if i look at what's going on because the u.s. marketplace is concerned part of that is about later stage financing. perhaps giving cash to the founders to start them jumping at the first bit. they allow these businesses to grow. how important is that? >> i don't think it's that important. if you look at the izrasraeli experience, they have been accused of selling their companies too early. but they said maybe we're just better at the hard stuff, coming up with the idea, creating the begins of the company and americas are better at taking it from 100 million to a billion and we're good at the first part. >> what about access to financing? we're looking at a changing picture as far as the umt s.

economy is concerned. potential for higher rates. also potential dollar funding squeeze. how does that impact this business if at all? >> it does. a zero interest rate policy or a negative policy rate in europe really means that you have to explore other investments. in the u.s. we've seen investors that used to get the pop post ipo, the fidelitys of the world they're moving into private rounds and boosting the valuations to 40 billion plus so i think we're seeing a backing up to earlier phase of investing which is why i go early at lower valuations than later rounds. >> where are you at now in terms of opportunity? where do you see the key areas to focus on? >> i do a lot of work in credit marketplaces. so lending club common bond and the like. yesterday i visited one of my

companies, data minor is doing big data mining off the tweet screen so lots of interesting stuff going on. >> this is matching borrowers with their potential investors in order to finance education. that's a crucial issue in the u.s. how able is the idea of crowd funding to be a challenge or compete with the former venture capital as far as financing is concerned. >> i don't think of them as plug and play compatible. it's useful to have it. something like the pebble watch has largely been funded off of kick starter and the like. but given a choice most creators of a company, if you can get them behind you, you should do that. however it is bringing and giving an opportunity for companies that wouldn't have those connections. >> very quickly here given what you're doing as far as investment is concerned you had

criticism about the timing of this exit from thompson reuters and that you sacrificed the brand for personal gain. >> we agreed to sell reuters to thompson in 2007. it closed in april of 2008. reuters was 98% dependent on financial services and highly concentrated on europe and sell side. the board and i felt very strongly that reuters wouldn't be able to make it through another recession. we had no idea of course that the magnitude of what was coming. so looking back at that i'm very happy that reuters has a good home within a larger and more diversified thompson reuters and it's a great company and great people. >> what about sacrificing the brand? >> most of our shareholders in london view it as a good thing. >> great to chat to you.

guys i'll hand back to you. >> julia, thank you very much. talking shares from the shores of lake como. let's remind you of the headlines. commerce bank pays out $1.5 billion to u.s. officials for various violations. they're due in over an hour with forecasts calling for a rate cut and herbal life shares soors on reports of a probe tied to bill ackman. we'll be back in a couple of minutes.

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on the face of it the oil price appears to be stabilizing. what a precarious balance it is

in and they highlighted that u.s. oil output continues to defy expectations but that's how high the u.s. stocks are and it says that demand growth forecast arises a little bit this year but overall a negative outlook and it's lead to weakness in the last hour or so. wti 46.6 and brent 56.7. >> are lower oil prices impacted futuring? not at this point. dow jones seeing a little bit of red down about 2 in premarket trade. let's also get a run down of what to watch this trading day. a taste of o inflation data. out at 8:30 a.m. eastern. they are forecasted to have rebounded following a 1% decline in january. the president of traders audience.com joins us live. and ben of course dollar fever dominated investor discussion.

will they be more focused on what the fed says next week? >> i expect both actually. for the most part this week will go out similar to how we opened up. the focus has been on the dollar. we've been watching that big come into play but as you just mentioned i think we're also going to have a little bit of attention on the crude oil contract because it breached a significant area of support. trading mostly sideways between the 52 and 47 level. we tried to get down below the 47 level but limited. right now ahead of the open we're seeing a nice play coming in to effect here. so the dollar on the move with the crude on the move right now. for the most part stocks are quite right now but there's a lot of energy in this market and concern that created a fair amount of volatility as well. >> give us something contraryian

that you have been buying over the last week. >> that's difficult because i tend to be a trend trader. one of the things i am focused on is the benefits of focussing and positioning myself with the trend recently. i guess the only counter trend trade i've been looking at is gold on the buy side and with the trend being to the down side that hasn't been working out so well. but i think recently with the dollar on the move and the way we have been seeing with the stir it's creating the trend has been the driving force if you will and positioning yourself against it right now is very -- could be potentially dangerous. >> you wanted something like shorting the u.s. dollar. >> something like that. anyway, ben, thank you very much as ever. the president of traders audio.com. that's all we've got time for today on worldwide exchange.

i'm wilfred frost. >> i'm seema mody. next up is squawk box. have a great weekend but for our european viewers we'll bring you russian coverage.

good morning. the zap and dow trying to avoid a third straight weekly drop. and a labor deal in a refinery strike likely coming to a close as oil workers appear to have reached a tentative labor back with shell and questions for bill ackman. federal prosecutors are interviewing people tied to the investor all part of a probe of a potential manipulation of herbalife stock. it's friday 13th 2015 and squawk box begins right now.

live from new york where business never sleeps this is squawk box. >> good morning, everybody. welcome to squawk box here on cnbc. i'm becky quick with joe kernen and andrew ross sorkin. this is the second of three we'll have in 2013. the next one comes in november. what's in store for superstitious traders? our team has been crunching the numbers. going back to 1980 there have been five friday 13th in marchand they have not been good ones for the dow or s&p. those indexes turning up positive numbers on the day only 40% of the time. but across all friday 13th over the last 25 years, get this the markets are positive more than 60% of the time. check out the futures this morning. you'll see that at least right now it's suggesting that we're going to be well relatively flat at the open. dow futures down b