lauren: it is friday. janet sparking a global rally in europe and here in the u.s. asia saw a mixed bag. we saw the shanghai composite and kospi to the downside. nikkei higher in japan. deflation is part of worry this is morning. nicole: check this out. stocks in europe are roaring. you have two and 3% gains. ftse is in2 1/3%. dax is higher by more than 2 1/2% this morning. lauren: going into this morning the s&p is down 1.3% for this week but today it looks like it could erase all the losses in just one move. we'll see. s&p up 28 handles. dow is up 244 as we await key economic numbers as well. nicole: a check on commodities this morning. oil to the upside by a quarter. 45.17. gold to the downside after couple strong days. gold selling off $12. lauren: the dollar, we're seeing a strong u.s. dollar again because seeing euro, u.k. pound, canadian dollar, japanese yen all weaker against the green back. nicole: yield on 10-year treasury, 2.16%. >>> federal reserve is on track to raise interest rates from roared lows

host: we are talking about loan forgiveness programs with janet lauren of bloomberg news.inell, new mexico on our for those who have loans. good morning. caller: hello. am a grad student accruedw, and i have about $23,000 in debt. i'm working on a dual degree through this community college. unfortunately the college does not offer a dual degree program. am going to be going on academic probation. -- mye going to try and program is like together. i think it is not only education of us in order to fund the student loan, but the facility directors in the financial aid department. a lot of people do not understand how it is about having to repay the loans of having to come back to the student loans. i have come back to college after 10 years of being gone. spiel. my little is not likent loan most loans you can take. make a not required to payment until you finish your program or you drop out and you have a six month race. -- grace time. you're getting a mortgage, your pagan the next month or counseling is certainly very important because people are making pretty big decisions

they are waiting to hear from janet yellen. lauren: are called the flat market over there.ange. they spiked him a 6% yesterday with the unexpected drop in our crude supplies. nicole: gold prices down to bugs. 1117 a troy ounce. lauren: here is how the dollar was trading. the euro was up at 113. the dollar spot has been weaker. the 10 year treasury bond 2.7%. nicole: welcome to the latest breaking news and what to expect for the day ahead. nicole: will get the policy statement from economic forecast in the q&a after. we'll have the decision and talk about that. republican presidential candidates in their second debate in california last night. here are some of the exciting highlights. >> is visceral response to attack people on their appearance, that have been in junior high. >> i never attacked him on his luck and believe me there's funny subject matter right there. >> avera sitting at home watching this back and forth, i would be inclined to turn it off. >> we don't need an apprentice in the white house. we have one there right now. >> you wanted it and you didn't get it.

janet lauren talks about federal student loan programs that offer repayment based on income and why that could cost taxpayers billions of dollars. we will take your phone calls and you can join the conversation on facebook and twitter. "washington journal," light at 7:00 a.m. eastern on c-span. >> all persons having business before the honorable supreme court are drawn here to give their attention. versuser 759, petitioner parizeau. >> row against wade. mostdison was probably the famous case this court ever decided. asdredd and harriet existed enslaved people on land where slavery was not the recognized. >> putting the decision into effect would take presidential orders in the presence of federal troops and marshals, and the courage of children. >> we wanted to pick cases that change the direction and imported the court in society and also changed society. >> so, she told them that they would have to have a search, and she demanded to see the paper and to read it, see what it was, which they refused to do, so she grabbed it out of his hands and looked at it, and thereafter the police off

lauren simonetti. nicole: good morning. i'm nicole petallides. fed chair janetaying a rate hike likely this year. saying there are two more policy meetings in 2016. jeff saut was on from raymond james. he says maybe a november meeting. lauren: let's show you stock market futures. nicole give us what is going on here? nicole: s&p is near the unchanged line. had been higher. had been lower. moving unchanged for the week. dow, nasdaq, s&p up 1 1/2% this week. lauren: the picture in asia was mostly green this friday. the shanghai up by a third of 1%. hank seng up by about the same. kospi higher by 1%. nikkei selling off 2%. lots of exporters counted, toyota, saying their stock today there is very weak yen right now in japan. nicole: watching europe which is under pressure throughout the morning. don't forget a vote in greece for the new democracy party. we might get some news sunday night. ftse, cac, dax all to the downside. lauren: let's show you oil prices essentially flat, pushing closer to $47 a barrel, nicole. nicole: gold is a hot spot. it is up $20. we need t

lauren: show you currency board. you see how the dollar is trading. strength in the euro, pound and japanese yen at moment. nicole: looking at 10 year yield, 2.15% ahead of janetellen speaking today. lauren: all right. if you ever wondered what derek jeter is up to today, investing, which is one of his favorite activities. he signed latest investment with blue jeans network. that is interactive videoconferencing company that streams events to worldwide audiences. jeter joined with silicon valley investors with 76 million-dollar funding round. nicole: that will keep him busy. the first game since yogi berra died the new york yankees honored him with a special lineup card and also by wearing a special number eight on their uniforms. the bluejays beat the yankees 4-0 in a game the yankees had to win. the loss pushed them 3 1/2 games behind the jays for the race for the first place spot in the al east. los angeles angels picked up ground in playoff race. david frese hid a two-run double to help the angels rally for 6-5 win over the astros. los angeles took two of three in the series and 1 1/2 games behind houston for that wildcard spot. minnesota vikings, the fans

lauren: welcome to fbn am -- "fbn:am" and what you can expect for your day ahead. nicole: it is all about the fed did investors watching the federal reserve so closely this week. share janeten and policy makers opened the two-day meeting that could end with the first interest rate hike since 2006. some analysts say the outcome is too close to call because of china's weakening economy and uncertainty about inflation here in the united states. however, vice chairman stanley fischer recently said he still saw a pretty strong case for raising rates this month. economic reports on sales, industrial production could also weigh in to the fed's decision. growth in the u.s. and the u.k., to, worries about the global growth. lauren: if they decide to hike, how much will they hide? how many hikes this year? nicole: and if they don't hike are they going to be more aggressive in december. we think it's exciting. a new poll shows senator bernie sanders leading former secretary of state hillary clinton by one margin in new hampshire and iowa. in new hampshire he is leading clinton 52% to 30% and in iowa 43% to 33%. senator sanders on "meet the press" telling why he's more like the bold

janet yellen doesn't like surprises. stuart: thanks very much indeed, nicole. don't forget to tune in every morning, i should say, 5:00 eastern time and lauren and nicole will takeough the day at 5 a.m. i heard that, nicole. apple, a release for the software for the apple watch has been delayed. that doesn't sound-- ments not for a product that they've released any stats or figures how successful the watch is. they're not releasing the softwear for the watch. they say they discovered a bug. it was supposed to make the watch faster and allow you to put a picture on the phone, i'm sorry, the watch. anyway, a big disappointment. what's wrong with apple and they don't have it right. stuart: a rare setback. they don't often do these things. >> a lot of times when there's a new product, there's a glitch and the stock continues to trend higher. so when you have a bull pac, like apple pulled back from the mid 130's. there will be an opportunity here. >> you're buying at 115. stuart: manchester united, they're a soccer team, ladies and gentlemen. and on the verge of posting its best ever profit. do you watch man-u? >> i do. what they're doing better than teams in the u.s