Skip to main content

tv   Street Signs  CNBC  February 22, 2016 4:00am-5:01am EST

4:00 am
♪ hi, everybody. good morning. it's monday, welcome to "street signs." i'm louisa bojesen. these are your headlines today. miners driving a rally in europe. meanwhile, sterling slides to a three-week low after boris johnson becomes the most high profile supporter of brexit. >> after a great deal, i don't think there's anything else i can do. i will be advocating that. >> hsbc with europe's biggest bank misses with the fourth quarter loss and predicts a
4:01 am
bumpy future ahead. let the battle begin. one-up for the bid for retail sending argos more than 10% higher. and smartphone wars in swing in barcelona. they launched new models. meanwhile sony's ceo tells cnbc they won't be competing at any price. >> instead of going after market share, we really want to push for play in the premium segment of the market and make sure we have great phones that really appeal to that market segment. if that means we're selling less phones going out the door, we're fine with that, as long as we have a profitable business. hi, everybody. welcome to the show. i'm glad you're with us here this morning. i just want get you the eurozone. mi data hitting the wires. essentially what we're looking at, euro done business growth seeing its weakest pace during
4:02 am
the year during the month of february. we're seeing a eurozone flash composite. mi of 52.7 that's opposed to an expectation of 53.3 in the reuters poll. 53.6 in january. so, in other words, a much weaker reading in the splash deposit of. mi 613% lower. the index also weaker, 48.6 at a one-year low. we're looking at that, we're looking at the flash manufacturing pmi, 51 even as opposed to the reuters poll 52. just seeing the flashes, what we're seeing in essence, as i said, that business, business pace, in the eurozone growing its weakest level for a year in the month of february. 110.89 or so, we'll talk about the weaker data within the hour. the german sector private growth
4:03 am
also losing steam. and the french manufacturing flash. mi rising a tad. 53.3. the forecast was just shy of 50. so just managing to get into that expansion zone. nevertheless be the numbers are looking pretty weak. let's get back to markets and show you where overall european index is. we're looking at the stock index of 60. we're higher just over 1%. trading in positive territory. you're seeing quite a bit of green in particular like the metals and the minors. we're going to show you the main european markets are higher, 1 or 2%. and let's just glance also at the seshlgts if we have them. i just want to show you, auto is higher by 1.7%. you've got health care a bit higher. basic resources up by almost 3%.
4:04 am
that's a pretty strong showing coming through from the basic resources sector in the upper left-hand corner. now, the asian markets overnight, we saw the asian markets rising as seen here. you also have china seeing some positivity after it moved the head of its stocks regulated. instead, they're going to be taking in a top banking exec instead on the back of that news of shanghai composite up by 2.5%. back here in the uk, we've got our own half of the companies on the ftse 100, they're signing a letter supporting the uk prime minister david cameron's campaign to keep it within the eu. the bosses of bp, glaxosmithkline they're signing a letter to be produced tomorrow. their belief is that a brexit would deter investment and threaten jobs. earlier today, we asked the ceo
4:05 am
of the london stock exchange for his take. >> it's important that the certainty of continued job creation and the performance that we've seen in the last few year that certainty can continue. i think it's also a message for europe, and i do believe that were the uk to leave the challenge for the european union would be immense. >> moving on from that, the power saying one-month low against the u.s. dollar, the sterling coming under quite a bit of pressure. the boris johnson is became the highest supporter of the campaign. remember, he's a conservative, right. johnson declared his backing of a british exit along with six other cabinet minister. >> i decided after a huge amount of hearttaking, i did not want to do anything -- the last thing i wanted is to go against david
4:06 am
cameron or the government. but after a great deal of heartache i don't know what i'll be doing -- that leave or whatever the term is called. i think that is definite definite, because i want a better deal for the people of this country. to save the money and to take back control. >> well, adam cole joins us, global held of fx strategy and markets. is this going to be a tough one for prime minister cameron now, adams as he goes out and face a pretty divided cabinet to try to get these ministers to back him and get out and rally on the yes we want to stay call. >> yes, i think this is going to be the most important single biggest driver in our market for the next four months. i think the rise is clear with the uk exit through fairly positive policy transmission.
4:07 am
and that probably is going to be the single most important driver of our markets going forward from here. clearly, the markets perceive that from going up over the weekend. and we think that the probability implicitly between 20% and 30%. ultimately, it could come down to drive our markets to take sterling lower. >> with the wider spread consequences, potentially could be, looking back at the 2013 scottish independence, even though they stayed in the uk, you saw large backing behind the scottish nationalist party. do you think it could happen here? >> yes. and the markets didn't really focus on the youp coming referendum until a couple weeks. whereas for the eu referendum,
4:08 am
it's going to be pretty much all we talk about for the next four months. so the ebb and flow of that will be a much clearer and earlier drive of the currency and local markets also. >> so you talk about how the pan can continue to be waved down. that's going to continue until the referendum until the 23rd of june. >> i think it depends clearly on what the prospects are. we're going to have lot of opinion poll, a lot of opinions on the likelihood of the vote to leave. and on the speculation the rise in that risk is sterling negative. if the probability goes up, and i think there will be times that it does, then it will be sold in that environment. ultimately, i think that if i had to go one way or the other. i think it's more likely a vote to stay. but it won't be a straight line from here. >> what's your impression about what business is saying. i know you look at from the fx angle usually. we have this pro-eu talk, about
4:09 am
half of the country is on the ftse 100, they're going to be signing this letter supporting cameron's campaign. what about the other half? >> i think that portion could well rise. i've seen figures quoted as high as 80%. i think again, that's one of the reasons looking forward once the opinion crystal lilizcrystalliz likely to crystallize as a vote to stay. i think again that's a fact going forward which is more likely, not certain, but more likely to crystallize opinion in favor of staying. >> okay. let's put brexit to one side now and talk about other things happening in your side of business meaning the fx market. and i look at what's happening with the yen in the past couple of sessions. were are we continue to see this
4:10 am
volume difficult, because the yen's strength continues to stay? >> yes, i think there are risks in that regard. that would probably be my full position. we have, of course, the g-20 meeting coming up at the end of the week. and there's some expectation that the g-20 may step up its exchange rate. and that woo see the dollar/yen go higher. i don't think that's the case. we're more likely to see an increase in g-20 statements. that would suggest that the end continues to to appreciate. at some point, it comes on to the boj's agenda dae. we could see some intervention. but if dollar/yen gets below 110 and looks like it's headed to 105, then i think there's a material risk that boj feels it has to step in to calm markets down. >> and how about this talk that we could be looking at some type
4:11 am
of bigger currency agreement from within the g-20 leaders happening. some say is that might happen to try to stabilize what's going on on a broader front. but on the other hand, you look at individual countries and individual markets how they desperately need stability from within their own financial institute and their own currencies as well? >> i think it will be hard to form a don census on what needs to be done at the moment. on balance, most countries would like to see their currencies weaker. clearly, everybody can't have a weaker exchange rate. i think it's likely to go to the default position where the g-20 simply tellses that you we should continue to focus on market exchange rates and avoid competitive valuation. i think anything beyond that will be very hard to reach a consensus on what needs to be done. >> adam, thank you very much for being with us. adam cole, head of fx strategy from rbc capital markets.
4:12 am
good to see you this morning. you can keep your e-mails and defeats coming through, "street signs" @europe a cnbc. and also @louisabojesen. i need to give my contact lenses a break every now and then. ahead on the show, it is a bumpy morning. we'll be breaking down the bank's full-year earnings. that's next. we've also got more strategy for you. we're checking in on on barcelona as well.
4:13 am
4:14 am
hi, everybody. welcome back. you're still watching "street signs" here on cnbc. it's monday, and yes, i am wearing glasses. thank you very much. a lot of writing in on that point. some of us need a little help in that department. when looking at hsbc shares this
4:15 am
morning. we're trading off, down somewhat 3.5%. down a bit more, 3.8% to be exact. the banks swinging in the loss in the fourth quarter which led to misses on the bottom line. hsbc warned that the slowdown in china would lead to a bumpy financial environment. despite the disappointing results, hsbc kept its dividends, 7.3 million pounds in 2015. our londonesque bank on the move is lloyd's trading higher. that it may be a 1.5 billion dif lent. t will announce its earnings on thursday morning. home retail sales, they've been soaring as investors bid on a bidding war.
4:16 am
steinhoff as made an offer for the owner of argos, rivalling the deal. steinhoff's proposal amounts to 17.0 share. bhp billiton has been rallying, despite the latest firm to cut its dividend as early as today. could slash the profit shareout by 70% in attempt to retain its credit rating. bhp is expected to post a big slumpl in profits on the back of a $7.5 billion bitedown on u.s. assets. any a new report, henderson predicts further cuts in dividends for the uk market. the co-manager of the equity fund is with us. ben, good morning. >> good morning.
4:17 am
>> what does this latest report tell us, ben? >> well the report tracks the 1,200 biggest companies in the world and how good they are at tracking money. indices are volatile. and this says how good are companies generating that. that tells us last year was a great year. 9.9% underlying dividend growth from companies around the world. despite all the doom and gloom at the start of this year, if you invested in that, you're getting a great income stream. so there's almost a mini recession going on within the commodity space. you've got some companies with bhp this week. and timco that could impact next week. there are some tough areas, at the same time, you're getting companies like lloyd's. the percentage increase will be very large.
4:18 am
>> but you're saying it's sector by sector? >> yes. >> or company by company argument? >> very much so. you can see in the uk, hsbc is paying out too much. and we're discovering on the other hand that lloyd's is paying out what we think it should be page out. so it's very specific. there are some trends so the developed markets are actually quite strong. japan was phenomenal last year which is far greater than the economic growth. >> and you're anticipating that the u.s. is going to be the leader in dividend payout, but the uk, for example will continue to struggle? >> yeah, when you look at the top ten in the uk, we've got got quite mature companies with high payout ratios, hsbc, glaxosmithkline. in the u.s., starting the index,
4:19 am
microsoft and apple were not in the top 20, now they're in the top 10. numerically, it's easier for the u.s. to grow because it has a lower payout ratio to start. >> so, what's the impact of growth going to be in the uk, for example, if we're scaling back and dividends happening from at least the commodities? >> yeah. i think it's a two-tier market really. the domestic market is quite strong. house goods increasing dividends, pet companies and hotel groups doing quite well. unfortunately, we have a lot of overseas and the big international companies listed in the uk, they're going to be dragging back the growth. if you take oil, it's about 20% of the ftse 100 dividends. so oil dividends aren't that great that much this year. >> china, the first annual decline in dividends seen as well. >> yes, our index growth in 2009, over that period, china's
4:20 am
generally been pretty strong with dividend growth. last year, you saw that decline a bit. two-thirds of dividends come from banks. so, you know, the bank system everywhere in the world is where you normally see the slowdown hitting. quite high payout ratios in china. i think you're going to see probably this year, them struggling to grow. again, it's slightly a two-tier story. the banks are quite mature having low losses. down below that, you get strong growth coming from chinese internet companies or health care companies. so, definitely, there are trends that follow the economic growth of the region. >> so you're trimming your overall dividend broadcast by about $10 billion -- that's for which area? >> well, the biggest change year on year is the dollar. if you're a dollar investor, it's much harder to find
4:21 am
dividend growth because your currency has been so strong. starting investors recently struggling to find overseas growth. so, the biggest impact for us is the strong dollar is taking some of the headline growth. and the other impact, i think the bhp billiton, if you look at it, it pays out about $6.6 billion. that's quite a bit of headwind to offset. >> with now boris johnson backing the no campaign, that we've like to leave the eu, do you think there could be a dividend impact on businesses if we were to see a brexit with businesses holding out paying cash? >> i think in the short term, you'll get a lot of voltivity in the market. i think actually, with the brexit, it's probably a three-year period where companies have to see what the impacts for them are. and what you may see that that
4:22 am
period is companies that may decide to have a european additional costs. if anything is going to affect dividends, is it will be the ramifications of further investment needed after the event. and different trade conditions. i think immediate impact is going to be around the volatility of the market. i don't think actually it's going to affect very much of their own decisions. >> ben, thank you very much. co-manager of the henderson global equity income fund. chancellor george osborne is reportedly planning to change pension rules business getting rid of the tax-free retirement incomes. his aim would be to raise $4 billion in revenue. pension analyst steve webb who worked with the government described it as a, quote, tax bombshell. you're looking at it rallying by a percentage point for so.
4:23 am
holmes predicting a strong growth in homes. we spoke to david richard earlier on "squawk box" and asked him about the company's plans for 2016. >> our investment strategy will adapt to the changes in the cycle, the changing housing cycle. and we will continue to investment for growth. and that's the confidence we have in the market. transactional activity is up, prizes continue to rise. and the cost borrowing with a mortgage is actually still affordable. well authorities in the united states, they've asked vw to manufacture electric vehicles in the u.s. after an act of contrition after the emissions scandal. they've asked vw to produce the cars at its plants in tennessee. we're looking at the vw higher
4:24 am
by 1.3% overall market. volvo is planning to recall 59,000 cars across 40 markets over a defect that could cause the cars to shut down. the relates to the diesel models made back in 2015. shares from the parent career down by 25% over the last three months. volvo itself sells for a bit higher in sweden up by 1.5%. donald trump has recorded a resounding victory in the south carolina primary. edging out the texas senator ted cruz for a second place. nbc's katy tur reports. >> reporter: donald trump's grip on the nomination is getting tighter and he knows it, braying to a crowd in atlanta. >> we won with everything. tall people, short people, fat
4:25 am
people, skinny people. just won. >> reporter: trump with the congressional districts banking all of the state's.delegates despite marco rubio high profile endorsements and ted cruz's evangelicals. trump may have won but it was a rocky week start with calling the last republican governor a liar. >> they lied. >> reporter: by thursday, smearing of hope as disgraceful. >> no leader, especially a religious leader should have the right to question another man's religion or faith. >> reporter: on friday in his last rally before the vote recounting an internet note praising mass kill. >> he took the 50 terrorists and he took 50 men and he dipped 50 bullets in pig's blood. >> reporter: exit polls showing that like in new hampshire, majority of voters decided on him months ago.
4:26 am
meaning his myriad of conflicts just didn't matter. >> planned parenthood does a really good job in a lot of different areas but not on abortion. so, i'm not going to fund it if it's doing the abortion. i am not going to fund it. >> reporter: what he meant in a 2002 howard stern radio interview where he supported the iraq invasion. >> are you for invading iraq? >> caller: yeah, i guess. >> reporter: today, unable to they've what he means. that exit poll showing nearly half of south carolina voters did not decide until the last minute. and they mostly did not decide for donald trump. that means going forward, since the field winnowing, the campaign is confident they'll be able to do that. >> stay tuned. we'll have a lot more on the
4:27 am
presidential race taking place at 10:45, if you want to ask any questions of our specialists this morning, feel free to write in with any questions you might have. find us on twitter and e-mail. "street signs" europe @cnbc. and now on facebook too. you can go on there and check us out on those avenues. as well as online. if you want to read articles on everything going on. also, again, a reminder that everything can be on the website. it can be difficult if you wake up here in europe and not sure what's happening in the u.s., go online. still to item on "street signs," we'll be talk about marco veremis, with barcelona. the telecon giant here to talk about all things tech.
4:28 am
4:29 am
4:30 am
good morning, everybody. welcome back. you're still watching "street signs." i'm louisa bojesen. miners with the rally in europe. meanwhile, sterling slides to a three-week low after boris johnson becomes the highest supporter of brexit. >> after a great deal of heartache, i don't think of anything else to do. i will be advocating a leave. >> hsbc misses with a surprise fourth quarter loss and predicts a bumpier financial environment ahead. let the battle begin, south africa's steinhoff sending shares of argos more than 10% higher. and smartphone wars on full swing at the mobile world congress in barcelona. samsung and lg, they launch influenced models. meanwhile the sony ceo huawei.
4:31 am
>> it means we have to have great phones to appeal to that market segment. if it means phones going out the door, we're fine, as long as we have a profitable business. good morning, everybody. if you're just joining us, glad to have you with us here in europe. we're seeing a little rally this morning. we're seeing a lot of green on the european screens. all of the markets are trading in positive territory. in europe, the sector up by 2.5% at the moment. in the u.s., we're hours away from the u.s. open, nonetheless, we're still being called higher. dow jones up by 170 points. s&p and nasdaq also adding ton gains from what we saw friday. we saw friday closing out flat to a little bit higher. but again this morning, we're beginning to see a bit of green on the screens.
4:32 am
last week was a positive week for equity markets out there as well as in the states as well as in europe. so a little breather. the ftse 100 higher by 1.25%. the cac up by 1.5%. ftse mib outperforming higher by 2.3%. the chinese stocks were trading higher as investors cheered the appointment of a new regulator. the head of the china regulatory commission is the former chairman of the agriculture bank of china, he replaces the blamed territory. younis, anything to go by by how we saw the reaction to chinese shares in the recession? >> i think a lot of investor as
4:33 am
you were rightly pointing out were cheering on the removal. he was blamed rightly or wrongly for the mishandling of the regulator of the stock market turmoil. so the calls for his resignation have been most fervent in early january, after the authorities had put in place a circuit breaker system which was meant to kaument markets. but in the end actually exacerbated the volt difficult. now that circuit breaker system has been completely abolished, but there will be rumors since then that. h hiyu and that they'll be ahead to push ahead with market reforms for the stock market. one that people have been talking about has been the hope that the ipo system, which would become much more
4:34 am
registration-based and more market-oriented, wore revived. and that could help a lot of company, some of the smaller once, to be able to raise fund which is is an important function of most stock markets around the world but is something rl tifl new to the chinese markets. the new person comes into place some shiyu comes from the bank of china. he's season as a person who is low-key, pragmatic, sepeople se him as a person who has been in the banking sector. there's been some questions raised with his lack of experience, in relation to the stock markets particularly. but at the same time, there is some hope that he will be at least be able to provide a fresh slate for the relate gulator, a
4:35 am
does push ahead for the financial system. the nickname of mr. liu i think is telling. there are a lot of people take a play off of his name saying that it's actually bull market reign. in other words, mr. liu, as long as senior leadership is happy with it, is going to be able to bring in another era for the stock market. >> eunice, thank you very much we always love a play on name, right? it makes our lives a bit more fun. thank you very much, joining us live from beijing. ♪ now, the biggest names in the telecom sector, they're gathering in barcelona for the mobile world congress to discuss the latest trend, the latest headwinds for the industry. karin caught up with the
4:36 am
strategy. >> we believe it's good to have a profitable business. we really want to purchase for play in the premium segment of the market and make sure we have great phones that appeal to that market segment. if it means we have less phones going out the door, we're fine with that as long as we have a profitable business. >> reporter: how comfortable are you with the sales of these premium offense, you do have a huge competition with the h7 here at mobile congress what gives you that confidence? >> i think one of the most important thing is that make sure we're not just going after market share and we have a business and range of phones that apply to a. wide range of consumers. for example in japan, we have a real challenging market with a lot of competitors and consumers that expect a lot on their smartphones, we expand a 17% market share. we want to make sure we
4:37 am
replicate that with success and making sure people understand the functional and emotional value? >> reporter: and you're aware of latest numbers where some mobile went up double digits. what does that mean? >> i think that we're comfortable with the kind of numbers we talked about for the fiscal year in terms of the number of units going out the door. we have really been able to check the annual forecast for the mobile segment consistent. we've had our ups and downstairs but the bottom line hasn't changed. >> reporter: let me ask you about the massive privacy issue as uggs regulators take on apple. how concerned are you about authorities having a back door key your phones? >> we have to watch and see. it's a very difficult issue for everybody concerned. it's a wait and see attitude that we're taking at this point.
4:38 am
>> karen is live in barcelona. karen, an interesting interview with the sony ceo. what's going on? what are the talks points? >> reporter: actually, as you hear from that interview, one of the biggest things is profitability. whether a handset or other maker. i want to talk about mobile, you may call that the 3, the big telecom operator in the uk has huge ramifications across the mobile industry. joining me talk about this, i've got the ceo of upstream with us. welcome to the program and sean plane, the head of mobile for concast. what's the big threat now that 3 is no longer allowing it to be served with customers? >> i think it's a reflection of relevance and on the part of the
4:39 am
advertiser. the minute the advertising becomes morale vant, ad blocking will be less of an issue. >> that's a great point. karen, whieng we're really seeing shire reaction to what consumers are saying all along. we commissioned a study across 3,000 consumers and what they said, they actually demand, 40% of them, that their advertising experience is more relevant on their mobile than desk device. up to the point where they make a purchase, they're not seeing that type of relevance. so, our industry is supported by advertising. and industry has done a lot to make that a better consumer. specifically, the idea recently released which is to try to make advertising more lightweight, more engaging.
4:40 am
and more personalized to be beneficial to the consumer. >> reporter: it's a slight issue for those trying to target these consumers, particularly the customers that you have. do you think people are likely to turn on the ads once the ability to turn them off has been brought up? >> well, with the emerging markets, latin america, africa, we like to think of it as the next 3 billion consumers. in fact, the advertising ecosystem hasn't even taken off in the first place. and it's not just about the advertising but also about the offering. so there's a relevance, not just in how you advertise, but what products are you putting in front of consumers. we've done research recently in these markets. basically, the first is there's not enough local contents. the netflix expansion demonstrates that. there's many markets that are superweak in terms of content.
4:41 am
the content is simply not there. the second is for ability. if a lot of european or let's say american companies are plying pricing across the world -- just to give you an example, an average ad for the uk% presents 3% of their daily income. in brazil, that's 50%. way too expensive. and the third thing is accessibility. in the west, we're entirely focused just on apps. when, in fact in the emerging markets, the majority of users are using hdmi-based. it's not just about what you advertise but what you advertise. >> let's talk about from your perspective, you have this big kanks a fishermen's net almost where you see how many people advertise? >> marco, you made a great point that consumers are demanding content. we've seen seen in the proprietary data set, across all
4:42 am
industries with consumers deciding whether to go on haul day, over 50% of them do that research on their mobile device before they actually make that purchase. same with retail and many other channels. so, what we've seen, the consumer wants that content. the consumer will spend time throughout the day researching what they want to do. to help them understand and better make the decisions. >> it's a different equations we're talking about here, actually having ads going into or inbox along with your browser seeking out the information? >> yeah, absolutely. and the interesting thing, the consumer, karen, is seeking that information. what we've seen in the research study, throughout the entire process after making that decision this is a great way for brands to be engaging with consumers throughout the day. one of the things that the proprietary data has shown, there are many throughout the day, consumers are 50% more
4:43 am
likely to be researching on their mobile device because that's where they're reachable. similarly, commuting home from work or late night hour where is you're browsing around a little bit before you want to go to bed. the demands is there. one of the most effective ways if it's relevant to give information to the customer. >> reporter: before we wrap up, marco, i want to ask you about the emerging market world. as we've seen here at mobile world congress, how damaging do you think it could be for the growth plans that everyone has across the industry? >> even though the emerging market has slowed down the west is growing by 1.5% in the next five years. emerging markets will be growing at over 5%. we think the next 3 billion vibrant consumers will come from those emerging markets. they cannot be ignored. the first experience will be
4:44 am
through the mobile phone. so we're still very focused on that. but we have to take into account there are some infrastructures that need to be sold. the biggest of which just below 10% have a way of payment. credit card, bank card. most of banks, over 90%. so, any kind of advertising, any kind of data analysis, at the end of the day, if people can't pay, it will be impossible for them to track. which is why upstream is putting all of its effort into integrating with billing systems so these people can pay in the pay they've been paying in the past five years on their mobile phone. >> reporter: thank you both so much for joining us here on cnbc. so, marco, very much to sigh from upstream. and sean. i just want to bring you some of
4:45 am
the interesting devices we have seen so far. a lot of them coming from the virtual reality side. i think we saw mark zuckerberg on stage at samsung talking about how the oculus software is now in the samsung handsets. i think that's the next frontier to create categories. >> you have tried yet, have you tried any of the virtual reality things? >> reporter: i have tried oculus, i'm here to try the latest from samsung. i'm going to give it a go. we've got a lot to coverage here at mobile world congress. this just a start of it. stay tuned for more conversations from the ground here, louisa. >> fantastic. i'm shocked how it has grown. it went from this tiny little
4:46 am
thing out of cannes to barcelona. bob says hi, karen, hi from new hampshire in the u.s. there are a lot of people out there that can't sleep. >> reporter: hello. >> karen, we'll see you later. thank you very much. more to come out the mobile world congress during the time that it's on. for the latest tech deals and announcements coming out of the mobile world corporation head online to cnbc.com. it might be hard to follow. it's all online, very easy for you to see. keep your e-mails, streetsigns @cnbc. coming up on "street signs," the latest from campaign trail as harrisbuillary clinton makes confident victory speech in nevada. we'll also be getting a bit more analysis on what exactly happened. >> this is your campaign, and it
4:47 am
is -- it is a campaign to break down every barrier that holds you back.
4:48 am
4:49 am
hi, everybody. welcome back, you're still watching "street signs." more than 120 people have been killed in bomb blasts in damascus and homs. the secretary of state john kerry said that the truce showed world power, quote, they were closer to a crease fire than before. hadley is with us looking closer at looking at this. they're announcing this and simultaneously, you have more than 20 people killed yesterday. >> president assad is essentially saying syrians want to return. happy to welcome them back.
4:50 am
welcome them back to what? at the end of the day, you have secretary of state john kerry trying to find some sort of agreement with sergey lavrov. we know that the leaders of the united states is supposed to be talking with vladimir putin. the only thing concrete that we've heard so far they have agreed at least in fighting the islamic state and al nusra, that's going to continue. so lots of thing reece maining. i have to say, though if you look at the broader picture here, what's really going on at the hard of the syrian situation really does have a knock-on effect to the region. we've seen this avert going north with foreign policy, we haven't seen that from the saudis from the ue. i have to mention something that not a lot of people are talking about is what happened in lebanon in the last few days. the saudis have decided either you're with ours against us and they had have decided to halt aid. why does this matter?
4:51 am
the revenue is the only thing that stands in the way of hezbollah potentially dominating that country. and the question going forward, with the lebanese, i don't think people really understand yet, this is how it's managed over the last couple of years, zpie the influx of refuge tooes really maintain the stability surprising to a lot of people. can they continue to do that given the stance by the gulf countries is anybody's guess. >> hadley, thank you very much. hadley gamble looking closer at what's taking place in the middle east. donald trump has require resounding victory in the south carolina republican primary. trump records 30% of the vote over marco rubio, largely edging out ted cruz for second place. with his family by his side, trump told supporters that the road to the white house was fraught with difficulties. >> there's nothing easy running for president. i can till. it's tough, it's nasty, it's mean, it's vicious.
4:52 am
it's beautiful. when you win, it's beautiful. and we're going to start -- we are going to start winning for our country. we're going to start winning. because our country doesn't win anymore. doesn't win. we don't win with the military. we can't beat isis. we're a great military. we can't beat isis. we don't win on trade. we don't look at what japan is doing, what mexico is doing at the border. >> with 8% of the vote gone, it's jeb bush who bid farewell to the campaign. in an emotional speech, he said he was proud of what he achieved. well, in nevada, hillary clinton got her campaign back on track with victory over senator bernie sanders in the democratic caucus. after claiming 52.7% of the vote, clinton thanked her supporters and her rival.
4:53 am
now, nbc's tracie potts is in washington, d.c. and she's with us, tracie. so, trump winning south carolina with a pretty hefty margin. and now everybody is looking towards nevada? >> exactly. we're sort of flipping the script this week. the republicans in nevada and the democrats in south carolina. donald trump, even though he won again, even though he's leading, isn't really counting this as a done deal. he told our own "meet the press," yes, he has a big advantage but that this race is far from won. he knows right on his heels is ted cruz and marco rubio, both vying for first. trying to hang in there and beat trump to this naominationnomina. rp rubio said he's going to be focusing on this. on the other side, the democrats, hillary clinton and bernie sanders are competing in south carolina which has a large
4:54 am
african-american electorate. a lot of democrats there are black voters and a lot of them already support hillary clinton. we're seeing bernie sanders go after those voters, hoping if he doesn't win south carolina at least make a big impact there. >> tracie, thank you. very much live, tracey potts from washington. the boris epstein, what do you make of south carolina? what do you think is going to happen by nevada? >> trump is going to win nevada, leading between 15 and 25 points in the polls. it's going to be a big day for him in nevada. south carolina does exactly as we ask expected it to do. trump got over 30. of the electorate. it was a huge win. he garnered all of the delegates at stake in south carolina which, is, again, a very, very important thing for him. trump is the safe favorite to win the the nomination for the
4:55 am
republicans that will continue in nevada. on to super tuesday, march 1st, again, he's leading in pretty much every state. rubio could compete. and then minnesota. rubio again hasn't won in any states. trump right now is a runaway train. >> there must be a lot of pressure now in some of the more prominent republican members to back some of the republican contenders seen as more mainstream. i'm thinking mitt romney, for example or even bush? >> do you think that mitt romney would come out and support -- >> yes. the idea that the republican party is becoming so divided. if you're a mainstream republican member, you'd assume there is a lot of pressure on mitt romney to come without and say who he is supporting? >> george w. bush is now going to do it.
4:56 am
he was obviously supporting his brother jeb bush. his campaign just never took off. now, listen, we're still early in the nominating process. so it's not surprising there are now three main candidates left vying for the nomination. the same as the case in 2012. romney, santorum yum and newt gingrich. it's not surprising that it's still not one person up for the nomination. my prediction, next month, march 15th, when the winner gets all the delegates you're going to see only one left and that's most likely going to be donald trump? >> where is jeb bush's and chris christ christie's votes where two they go? >> it's interest they go do not go to one, they splintser. some go to rubio, but some so to trump. but there's not one person it
4:57 am
does go to. especially jeb bush hasn't come out and supported anyone. remember, jeb bush and marco rubio do not have a good relationship. they had a back and forth mentor/mentee relationship but that went away during the debate. those voters are not all going to marco rubio. that's a false logic. now ted cruz isn't garnering in any voters. >> boris epstein, have a lovely week. u.s. futures leaving you with a glance there. we're being called higher across the board, stateside as well. we'll see you tomorrow for another "street signs." louisa bojesen.
4:58 am
the flu virus hits big. with aches, chills, and fever, there's no such thing as a little flu. and it needs a big solution: an antiviral. so when the flu hits, call your doctor right away and up the ante with antiviral tamiflu. prescription tamiflu is an antiviral that attacks the flu virus at its source and helps stop it from spreading in the body. tamiflu is fda approved to treat the flu in people two weeks of age and older whose flu symptoms started within the last two days. before taking tamiflu, tell your doctor if you're pregnant, nursing, have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. children and adolescents in particular
4:59 am
may be at an increased risk of seizures, confusion, or abnormal behavior. the most common side effects are mild to moderate nausea and vomiting. anti-flu? go antiviral with tamiflu.
5:00 am
good morning. a global market rally. green arrows across the world right now. the great brexit debate heating up. new this morning, london's mayor backing a eu exit. but a group of business leaders do not agree. and decision 2016, a big weekend for hillary clinton and donald trump in the race for the white house. it's monday, february 22nd, 2016. "worldwide exchange" begins right now. ♪ 12k3w4r50 go good morning, welcome to "worldwide exchange" on cnbc. i'm sara eisen. >> and i'm

132 Views

info Stream Only

Uploaded by TV Archive on