the actual underlying moves are small with the dax up by 6 points. the ftse 100 is given a boast by vodafone shares. the market up by 0.3%. >>> do keep an eye on the euro/dollar pair, now that we're back above the 1.10 handle for the first time since the french elections, this is down to some dollar weakness we have seen, with the dollar index at the lowest since november. dollar positioning is the lowest since october. we saw that surprisingly soft u.s. manufacturing report yesterday. and that comes on the back of the poor cpi and retail numbers late last week. i should also tell you, of course, that the pound sterling is at a one-week high against the u.s. dollar, given the stronger than expected inflation numbers. >>> angela merkel and emanuel macron agreed to draw up a road map for deeper european union integration. but meeting in berlin, the two leaders also said they were open to changing eu treaties. annette is in frankfurt, claire is in paris. annette, reading some of the coverage from the german media, seems like macron brought a bit of the

the ftse 500 and the dax both down. the ftse 500 and the dax both down. the nasdaq is also down.anning — who passed thousands of confidential documents to wikileaks — has been released from a military prison in kansas. she was expected to remain in jail until 2045, but barack obama commuted her sentence before he left the white house in january. our correspondent rajini vaidya nathan, who's at fort leavenworth, gave more details on the release. we got a statement from the us army singer chelsea manning had left fort leavenworth. she has not spoken publicly since the release. but she did tweeter picture this morning, showing her feet, did tweeter picture this morning, showing herfeet, wearing sneakers, with the caption, first steps of freedom. she also released a short statement, saying, after an anxious for months of waiting, the day has finally arrived. i am looking forward to so much. whatever is ahead of me is far more important than the past. of course, her supporters are celebrating the fact that after seven years he had imprisoned at fort leavenworth, she will now be free.

the dax also up about .2%. this is after a softer finish yesterday.he cac, little changed in paris. nejra? nejra: i'm starting with a record high gaining some 3% after the moment. people familiar with the matter said american tower is exploring a bid. this is in a bid to expand in europe. their main shareholderer is considering selling assets as part of a americaner and according to these people this would hinge on that main shareholder first combining with at lantia. shares have risen about 31% already this year. then i'm looking at rockette internet increasing -- rocket internet sales. a little bit of a lift to the shares this morning. up .09 inching closer to that goal bringing three of its bigger holdings to break even by the end of the year and the c.e.o. said the quarter shows continuation of our progress. on the downside i'm looking at one of the worst porpers on the stoxx 600. down some 2.7% as well. it seems to be moving on barclays cutting it from overweight to equal weight. matt: thanks very much for that. larry fink stays u.s. economic out

you'll see the dax is pulling back from yesterday's high. back below the 12,500 level, off by roughly ten points. the ftse 100 is off by a third of a percent. the cac 40 losing 0.2%. when you look at the sectors, you can see where the earnings surprises are and where the earnings misses are. healthcare is up by two-thirds of a percent. chemicals, telecoms on the green. on the down side, basic resources, autos are underperforming. novo nordisk shares are topping the stoxx 600 after the company raised its 2017 guidance. the biggest diabetes drugmaker reported a better than expected 10% rise in first quarter operating profit driven by new profit sales and cost cutting. the cfo told cnbc that the figures were promising. >> if you look at the second quarter, we have a higher degree of transparency. for the full year we narrowed the guidance in terms of sales. when we started the year, we said there would be a 5 percentage point interval for sales growth. we narrowed that to 3%. we have increased transparency. >> let's talk about fashion. hugo bos

the dax seeing its biggest loss since before the trump election. the dax down 1.4%, the cac off 1.8%. the worst day in more than eight weeks. as you can see, we're extending that selling pressure on the markets. let's look at the sectors one by one. you can see autos are under pressure, off by 1.4%. this is mainly because of fiat chrysler given the u.s. investigation and the pressure on the carmaker. we'll get much more from nancy hungerford. utilities, household goods are the few out-performers. utilities up by 0.4%. in the financial space, this is one of the sectors that suffers so heavily in yesterday's trading session in the u.s. when we saw financials off by roughly 3%. given the concerns around the trump trade. the stoxx 600 financial services off by 1.3, given worries that trump will not be able to roll back regulation as much as he promised during his campaign. >>> let's show you what the dollar index is doing. it's slightly higher today. not by much. 97.64. the dollar index still very close to six-month lows. it's given up all its post-ele

and xetra dax.nd by and large, we're trading close to 21-month highs and oil prices are very supportist of the slight rally we're seeing this morning. post this agreement between saudi arabia to extend the output cuts. let's take a look at the markets. what you're seeing the euro dollar, 1.0946. up by 1.2%. and and the dollar hit overnight, given the north korea missile launch and the ransomware attack. but now the dollar has cut back a little bit. >>> and the day after emmanuel macron's election win, from bank of america merrill lynch argued that flows have the potential to increase further in coming months. european investment banks also reporting strong first quarter results despite ongoing weak innocence that theft income. according to a report from moody's the sector remains sound, and we now have lori mayers, associate manager and director of moody's around the desk. let's talk about the first quarter. i spent a lot of time talking ubs and the numbers and being very bullish. we see this, given

dax went to-1 in the western conference finals., orioles and nationals bottom of the ninth. she simmered drills his home run rate to center. that makes a one run game later. this is loaded. the walkoff two-run single to right. the nationals win 76 and the players celebrate the big combat. >> coming up here right as officials defending the firing of fbi or james comey and paul ran rejecting calls for a prosecutor. >> we have a house investigation which is the appropriate committee to do that. and you have the fbi investigating all things fresh. lauren: acting director of the fbi heads to capitol hill today. how bad is to retail slump? we'll find out for macy's chemicals and/or strength report their latest quarterly earnings coming out. cutting off record highs in five games for the nasdaq down five points looking at futures. s&p down to. dow jones lower as well. you are watching "fbn:am." ♪ predictable. the comfort in knowing where things are headed. because as we live longer... and markets continue to rise and fall... predictable i

the xetra dax is up. and i guess we're consolidating after last week's losses.et's tell you what's happening in the specter phase. what you're seeing chemicals doing very well. and the deal between clairent and huntsman. we'll get into that as well. and utilities up slightly. let's get back to the big story, swiss chemical chi clariant and huntsman have announced a deal in a bid to create a merger where the ceo will become the chief executive of the new company. the headquarters will be in switzerland. but the main operational center will be located in texas. and a showdown in amsterdam gets under way today as action with all shareholders including activist investors begin core proceedings over ppg's $26.3 billion deal. they've argued that the tieup would be bad for employees and the environment as well as facing antitrust concerns. it's hoping to convince judges into undergo an investigation. let's talk more about the two deals. joining us is the head of m & a at gordon. and good morning to both of you. let's kick things off with the clariant deal. it's finally

the dax now in negative territory.ek, the ftse, the best in european markets up 2%. >>> oil is a big mover up 2.5%. wti 2.42. brent is higher, up 2.3%. this after saudi arabia's and russia ministers coming out trying to curb global supply to get prices higher again. as for the treasury note, around the 2.33 level after big dips in yields last week. especially friday. on the back of very soft inflation levels out of the u.s. soft retail sales as well. combining pushing the yield down to 2.32. as for the u.s. dollar, a slower week for the dollar last week overall. but a mixed picture this morning. stronger against the yen, 1.095. weaker against the euro and the pound. and eking out a gain last week, up by 1.3%. >>> the flow of economic data is light but plenty of earnings from the retailer sector, home depot tomorrow. and target on wednesday, and we'll get more from campbell's soup. as for data, home builder sentiment. and thursday, jobless claims. >>> focus to europe, 22 days to go until the uk heads to the polls for a

the xetra dax inching higher. and the cac 40 showing signs of performance despite the news of a megamerger in the media space between vivendi and havas. >>> in the fx markets, the dollar is below an eight week high versus the yen. the dollar up by 0.8% this week. watch out for retail sales and cpi. of course we'll keep an eye on comments from mr. mnuchin and finance ministers from the g-7 meeting in italy. >>> vivendi has announced plans to buy bollore's stake in havas for 2.4 billion euros. it would add a new business to the vivendi group with more than 13 billion euros in revenues. the step marks another milestone in vincent bollore's plans to create a media powerhouse. cnbc spoke to havas ceo yannick bollore in march in which he said he was a believer in integration in order to boost activity. >> we need to transcend and reunify creativity in media. i believe integration is the key to success we have today. in the end, our two divisions will disappear, i wanted to come back to a more united group as we used to

the german dax unchanged. ftse 100 in the uk is positive. weakness in italy. >>> look at the broader markets, a slightly risk-off response. the ten-year note. that yield yesterday hit a six-week high. the highest level of 2.4% since march 31st. it's backing off a bit now. not a dramatic move, but definitely halting the rise there. looking at oil, had a bit of a weak afternoon yesterday. it's been struggling to get out of the mid 40s in terms of wti. you can see it up 1% this morning. going to attempt another bounce. yesterday it was also looking similar at this time. the dollar has had a bid overnight. maybe not. a bit mixed. you see it there. >> the euro just under 1.09. dollar/yen is down. stronger dollar against the japanese jen. gold has been definitely under plenty of pressure. a slight bid there up a half percent. >>> president trump firing fbi director james comey sending shockwaves through the nation's capitol. the white house citing comey's handling of the investigation into hillary clinton's e-mail server. all of the front pages le

xetra dax is off by 25 points.s off by 0.1. >>> some of the biggest stories today on the corporate front. m&s annual profit tell 10% while quarterly clothing after postin the first revenue increase in sales in two years. shares up by 1.3%. >>> kingfisher shares hit the bottom of the stoxx 600 after a weak performance in france dragged down first quarter sales. shares off by 7%. the home improvement retailer, which said it was cautious about prospects in country, posted a 0.6% drop in sales from stores open for more than a year. performance in britain and ireland was better. >>> shares in aircraft equipment maker safran and zodiac are suspended pending an announcement. safran has been under pressure to scrap itsed by for zodiac. the takeover target issued a string of profit warnings prompting several safran shareholders to call on the firm to walk away from the deal. >>> glencore's agricultural arm has made a formal takeover approach for bunge. shares were 16% higher in yesterday's session. the american firm said it

the xetra dax up by 0.25%. similar gains for the cac 40 trading near a nine-year high after losing roughly 1% in yesterday's trading session. so the macron rally that many expected for yesterday did not quite materialize. what we saw yesterday was by in large a lot of profit taking. given that the markets had priced in a macron victory for the last two weeks. the ftse 100 is up by 0.25%. we are seeing a rebound in basic resources. glencore is up by more than 3%. once again, overall, we are not too far from 21-month highs for the european equity markets. check out our blog which runs throughout the european trading day. we'll be back with more "street signs" after this short break. so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. tha

we want to keep an i on the dax as well.ets are looking at ,ittle frisky, the sf --s&p volatility is suppressed. away from repression and into the high lands and of planes -- .plands of the european equity anna: let's talk about where we are trading on european equity markets. this is where we are on the stoxx 600, up by 1/8 of a percent. one of the companies reporting today, a host of german names coming through, commerzbank, zen lando giving numbers to the .arket but also adecco we see energy and discretionary moving higher. utilities on the back foot down around .25%. we will see where commerzbank opens up this morning. the fixed income story in the u.k., gilts open this hour. 10-year gilts 1.165%. the story this morning was all about labor markets in the u.k. and the potential for later -- labor shortage. a great conversation about whether this will be a constructional -- structural inflation goes and how that would factor into the bank of england's thinking. watching the gilt market, be aware we have the meeting on thur

down with the dax down only .1%, cac down .2%. biggest loser of the european indexes. manus: matt, the federal reserve bank of san francisco resident john williams says three rate hikes this year may make sense. he spoke exclusively to haslinda amin, saying the u.s. economy is going nicely and is close to the twin goals. >> i think the data has been very good. 180,000 jobs per month, twice what we need to do to be at a sustainable level, unemployment below 4.5%, and i see it going lower. i think the economy is doing well. we have good momentum. we have a ways to go on inflation, but i am pretty optimistic. i think we need to continue the process we started of getting interest rates to normal levels. manus: san francisco fed president john williams with haslinda amin. our guest is a global market strategist with j.p. morgan asset management. bullish, talks about a goldilocks scenario. did you buy his bowl of porridge, is goldilocks scenario? >> yeah, definitely. we have been hearing this story for quite some time, we are long u.s.

a little bit of oxide coming -- upside coming in from the cac and the dax. gmm function, in better perspective. we are standard deviations away from standard moves. we have the chinese market up by .6%. it dropped off the far left hand of your screen. that was a standout performer because as you can see from the index picture, which features a some of the asian equity session, the australian market, for example, the general move was down. negative risk-off session and a slight move higher in gold. as i said, china in that trend of moving higher this morning. let us get the bloomberg first word news. here is juliette saly. juliette: thank you. in the u.s., president trump has described former fbi director james comey as "a grand stander." his remarks departed from explanations given by several white house officials earlier in the week. he told nbc that the fbi has been in turmoil for months and comey was not the right person to help it recover. pres. trump: what i did was i was going to fire comey. my decision. >> you had made the decision before t they cam r

german dax up half of 1%. >> investors keep it in stocks will go up in the u.s. the fear gauge it in 1993 about. and again today for the s&p and nasdaq will be a record high. as new features that not even a point. dow futures close to their all-time high of 18 points today. nicole: watching oil after the idf cuts will continue and you can see after being up two sessions in another 16 cents. 46.59 a barrel. gold pulls back $1.70. lauren: target is testing next day delivery right now. service is called tartar free stuff being tested by some employees at the company's headquarters in minneapolis. target plans to open the sharper his famous red card loyalty program the same ar this summer. it lets customers order household items and have been delivered to their homes the very next day. i'll try to chart its efforts to beef up on their services to better compete with wal-mart as well as amazon.com. target shares are down 27% in the past year. amazon shares up about 27%. nicole: walt disney is one of the stocks we're watching today. the media and entertainment company

and in a blue, the dax.olicy may not helping the economy entirely is helping the dax as risk assets climb. mark: abigail, thank you. a big week for central banks. rank of england's rate decision. some speculated the boe will not make moves until after brexit talks have concluded. president mario draghi spoke in front of the dutch parliament and was cautiously upbeat. let's bring in former vice chair of the federal reserve board, alice rivlin, a senior fellow of the brookings institution joining us from washington. thank you for joining us. as you heard in the introduction, mario draghi address the dutch parliament and said the stimulus has not finished the job yet but he does acknowledge the economy is getting stronger. closer to the ecb changing its forward guidance possibly in june ahead of probable some say tweaking to the outlook of tapering for the qe program in september? maybe, but i think it is too soon to say. things are looking up a bit in europe and that was true before the french election. i thin

the dax flashes green.le changed as far as the broader indexes are concerned, even the stoxx 600 only down .1% right now. after years of disappointment, the european companies are finally living up to market expectations, enjoying their best earnings season in a most seven years. eps growth at more than twice the pace of their u.s. counterparts. we have this chart on the bloomberg. it is g #btv 8236, so you can access it if you have got a terminal. europe finally leading the way here as far as earnings beats are concerned. i also want to highly recommend the ea function on the bloomberg. allies you to sift through the earning -- allows you to sift through the earnings. what do you think about this turnaround? narrative thethe last couple of weeks as far as the equity situation is concerned. european equities are looking at ar positioned, and better discount, i should say, then the u.s. counterparts. piers: that is certainly true. they lied the u.s. that your post trump wedding election, and they tied t

german dax down the third of 1% of the london ftse up fractionally. cheryl: the euro hitting a seven-month high overnight after the french election defeat of candidate marine le pen. we'll be following the report. the euro on your screen versus the u.s. dollar. true to warren buffett holds court in comes out swinging against border tax plan. liz claman is buried the story. cheryl: comcast and charter set to announce a partnership to answer the pressing business of mobile telecom. all the details this morning. train to the prime chance in the cleveland cavaliers with the toronto raptors in a marathon team in baseball as the yankees go 18 minutes against the chicago cubs. chicago cubs. we'll have highlights. cheryl: and is 5:01 a.m. here in new york. welcome to "fbn:am," your first look at morning markets and breaking news. nicole: nice to see you, cheryl. glad you're here. president trump congratulates french president-elect emanuel macron after the 49ers investment candidate defeated marine le pen by a big margin. the president tweedy and congratulati

dax in germany up 57 this friday.eep an eye on brazilian stocks, a very volatile market over the last 24 hours. here is a look right here at home. dow futures up 45, s&p futures up 7. all the major averages are down more than 1% this week. lauren: oil back at $50 a barrel. haven't been since the end of april. right now flipped a little bit. gold down 12.51 an ounce. after futures were down sharply ahead of yesterday's opening, stocks closed the session to the upside. joining us now john moninger, good to see you again, john. >> good to see you, good morning. lauren: did yesterday's modest comeback tell you that the selloff is over? >> i think you will continue to see volatility. we do a survey every quarter of the financial adviser, and the biggest fear for them is the political agenda in terms of oversight of risk. so, yeah, you will continue to see moves like this over and over again. nicole: explain the qualities of the equity that is you are favoring at this point. is it growth stock over value stocks, can you exp

ftse up 6 points in london, dax in germany is down 40. so it's a mixed bag, but, of course, stocks there have done well pricing in france at least, the expectation although we can be wrong that emmanuel macron will win. nicole: dow futures right now down 9. s&p futures up a half of 1 point. nasdaq futures not even 1 point, it show it is wait and see mode. we will also hear from fed chair janet yellen who will be seeking a women's event at university. lauren: it's been an ugly week for energy. oil prices below $45, falling 5% and giving up their entire gains for the year. still down this morning. 45.51 a barrel. nicole: uber reportedly being crimely investigated by the justice department over a software tool used by the drivers that helped them to evade local regulators. software known as gray ball and it helped uber circumvent law enforcement agencies that were trying to clamp down on services in certain areas where it was not permitted. the investigation reportedly is looking at into how some of the uber's drivers actually used the softw

german dax is up. strength in markets like france, italy and spain.id get better manufacturing numbers out of europe and some better german business confidence numbers. one place where you are seeing the selling is the british pound. it is weaker against the dollar. weakness overnight has come back a little bit this morning. the currency pair is almost flat trading just under 130. let's get to willem marx in manchester, england. he has the latest on the attack and what we're learning about them. >> we have no more information about the identity of the attacker nor the motive. police say it was a man responsible for this blast around manchester arena last night. he used, they said, an improv e improvised explosive device. 22 people have lost their lives. 59 others have been injured. police don't have more information that they're willing to share, but clearly they're r. they'll be pursuing who this man is. whether he had co-conspirators, whether they were inside the uk or outside. how he was able to get into the venue so late on at the end of the conce

lauren: the dax in germany up 12 points today, the cac if paris down 2, the ftse in london up 2 as well as. nicole: the nasdaq squeezing out a gain and dow lower this week. dow futures down 38, s&p futures down 6. lauren: oil and gold this morning, oil down 11 cents, 47.42 a barrel. nicole: mcdonalds is helping franchises to upgrade. the wall street journal report that is the company is offering to pay 55% to have costs for changes that can rub as high as $70,000 for each location, mcdonalds usually expects the franchisees to pick upmost of the tab when it imposes upgrades on the restaurants but the company is trying to win back the core customers lost to rivals. shares of miquid's up. lauren: chinese micro blogging side suggesting that facebook come to china to learn how to block content. here is the issue. facebook is banned in china and china also bans content that includes politically unacceptable topics. china does that by using filtering technologies and police squads and it's been difficult for facebook to crack chinese markets. facebook announced just last week that it was addin

transfixed on one quarter of 1% as is the german dax down the same amount.ftse pulling out a gain of one 10th of 1%. lauren: looking into the stock market futures. dow futures higher by 18. s&p struggling. nasdaq futures down five. nicole: the empire state manufacturing numbers today in housing starts tomorrow. oil is up a buck 20 continuing the surge on the lead with russia and saudi arabia saying they should continue the cuts. go to $4 to 21 cents a troy ounce. lauren: waymo and lyft are teaming up. there will work with the right handling service lyft. they hope to test some of the self driving technology with the taxi service. waymo bring its technology to the arrangement and has a network of taxis operating 300 cities across the country. both companies are rivals of goober which started testing self driving cars last summer. nicole: united airlines after fight at 10 posted a door security codes on a public website. the pilot union tells "the wall street journal" that the problem has been fixed. the newspaper says they periodically change caused punched i

cac quarante higher by 12 in the dax powered by 10. nicole: record closes for the acid via nasdaq and the town not far away from his own record. dow futures at 78 pages to be futures upsetting. nasdaq futures at night team. lea: oil prices higher as investors expect oil producing companies to extend their output cut. we'll glorify 9 cents at $51.27 a barrel. gold higher by four bucks at 12.68 rants. nicole: coming outcome of the federal reserve indicated central bankers aren't in a hurry to raise interest rates but we'll still see unix acted rate hike next month. make sure you grab your umbrella today. whether on the way for a long memorial day weekend. janice dean will have your thursday forecast. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ you totaled your brandew car. nobody's hurt, but there will still be pain. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had libe

the xetra dax is not moving much. we're hanging on to the flat line. the cac who is off by 3 points. we will go for a quick break. check out world markets live, or blog which runs throughout the european trading day. we'll be back in two. [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. >>> hello. welcome to "street signs." i'm carolin roth. thee r these a these are your headlines. >>> unicredit rallies to the top of the stoxx 600 after the italian bank swings back to the black in the first quarter with a net profit of nearly 1 billion euros. >>> the banking boost extends north to france, where credit agricole sees net income rise four-fold on a yearly basis on the back of a surge in trading activity. >>> d

the xetra dax is getting close to the record highs, 12 t,663 points.ifo numbers came in at a record. the cac 40 >>> good morning. is slightly higher. we did see a reaction in pound sterling. it's still below the 130 handle. 1.2986. extending yesterday's weakness which came off the back of the tightening in the election polls. euro/dollar at 1.1249. a bit of safe haven buying with the yen gaining ground against the u.s. dollar. 111 is the handle there. >>> still coming up, as brexit official negotiations are set to begin, we'll heared from t from in charge after this short break. we'll be back in two. >>> just a reminder, britain's prime minister theresa may is chairing a cobra meeting after the manchester attack. as soon as we get more information about that meeting we'll bring that to you. >> brazil's president, michael tem temer, says he will not step down after he was implicated in a corruption probe. temer said aus me oust me if yo wanted, but if i step down i would be admitting guilt. temer claims the tape has been edited to frame him. >>> turkey

the dax hitting a record high. this morning seeing a bit of profit taking, off by 0.2%. we are still driven by earnings news. seeing outperformance in financials given that ing posted better than expect the numbers. and news about a u.s. float from axa. when it comes to the fx markets, we saw the comey story having a bit of a negative impact on the dollar, that was treated as a risk-off event. euro/dollar is slightly higher to the tune of 108.85. the dollar/yen is back below the 114 handle. keep in mind that draghi is speeching before t speaking before the dutch parliament today. >>> dozens of conservative mps could befin finding out today whethif they will be charged with fraud relating to the 2017 aelection th election. the uk prime minister warned that only her party could negotiate a successful brexit. >> what we've seen from other parties is attempts to disrupt negotiating process, to undermine the task that lies ahead. we've seen some of them wanting to have second referendumens, wanting to open up the old dwigs. what divisions. what i see going around the country

the xetra dax is down by 0.4%.es in these markets across europe as we're seeing a lot of countries still on holiday. the cac 40 is off by 0.75%. also want to show you what's happening with oil prices. we're seeing a bit of a bounce back after yesterday's big selling pressure. the bounce back has abated somewhat. wti crude at 48.94. brent crude at 51.57, up by 0.2% after seeing the biggest drop in three weeks yesterday. quick look at u.s. futures. we are seeing a mixed picture here. the s&p 500 seen up by less than 2 points. dow jones seen off by 10. nasdaq seen opening higher to the tune of 1.5 points after we saw a record close for the s&p and nasdaq yesterday, while the dow ended the day within 33 points of its record close. by in large these markets did shrug off the declines we saw in oil. >>> the show may be drawing to a close, do not fear, we have plenty more great interviews coming up throughout the morning. head to cnbc international's facebook page to catch our interview with bill winters coming up in a fe

the ftse and dax index up about one half of a percent.vernight, markets were mixed, hong kong was the best performer. there's a holiday in korea, the kospi was closed for the country's presidential vote. alexa is getting a facelift. new amazon echo expected to be unveiled today. first top stories, new strategy on the war on terror. top u.s. military officials reportedly want to send at least 3,000 additional troops to afghanistan to break the long-running stalemate against the taliban. joining me right now is fox news military analyst general jack keane. general, great to see you. jack: good to see you, maria. maria: we know that the president has not made a decision on this and we are waiting on more information. twhuild be a good call, do you -- do you support sending 3,000 additional troops to afghanistan? jack: yeah, i absolutely do. i sense the president probabl is reluctant to do this because he doesn't want to get involved in a protracted war, the truth is he said once before that president obama left him a mess and this is a mess,

ft 100 up a quarter of a percent of the dax up as well but cac quarante down a fraction. the nikkei average slipped below were on the session in japan. new details in the dui arrest of tiger woods. the legendary golfer was found passed out at the wheel of his car and had slurred speech at the time of his arrest. no signs of alcohol. and you shake. scarpelli outside cbs coming up there. all the stories that this morning. fox business network's dagen mcdowell. three com investment officer kevin kelly and townhall.com fox news contributor guy benson with us this morning. great to see you. thank you for being here. maria: had this to come at thank you. maria: you had a great show yesterday. i was watching. i was rooting you on from afar. dagen: you're the best. the pamela satellite, as a are the panelists. heather higgins and jon hilsenrath. maria: today we went to get on with the white house. president transmitted with another world leader. the two welcomed vietnam's prime minister to the white house today. one of the biggest issues, trade in china. hanoi has discussed the w

the xetra dax is slipping back from haven't record highs at 12,750. the cac 40 is off by a quarter of a percent or a half of a percent, given the weakness in ubisoft. when we look at the sectors, this is the picture. we're seeing there's only one sector on the stoxx 600 which is managing to eke out gains. gains of 0.9% for the basic resources sector. autos, utilities trending lower. we're joined by anna cuttiford. thank you very much for joining us. let's talk about the latest crisis coming from the white house. it casts another doubt as to whether president trump can enact some economic policies what do investors do here? they've taken money off the table when it comes to the trump trade. do we continue to look through this crisis or take more money off the table? >> good morning. i think one of the things we have to be careful of is really to extrapolate things that we don't actually know what is going to happen yet. so i absolutely agree with you. we've seen markets acting very positively to economic data. people take money off the table, but at th

the xetra dax trading at a new record high, up by 0.23%. the cac 40 trading at the highest level since january 2008. as promised we have so many earnings. we have this fantastic wall for you with all the earnings. hsbc's first quarter pretax profit fell 19% to just under $5 billion. the bank beat expectations amid higher trading revenues. socgen has also suffered a 19% drop in net income. this as it raised legal provisions by 350 million euros. siemens has beat expectations in its second quarter thanks to an 18% ride in industrial profit. the german group saw strength in revenue and orders except in the healthcare business which it is considering to sell. adidas has scored larger than expected sales and profits during the first quarter. this thanks to strengthening growth in online trading and a boost to north american performance. anheuser bush inbev posting a 6% rise in core profit but missed expectations as weaker earnings in the u.s. and brazil weighed on the first quarter. look at the shares up by 4.1%. shell reported a sharp increase

the dax up by 10 points. the cac 40 higher to the tune of 0.2%. bp out with first quarter numbers, which you heard in the headlines better than expected. when it comes to the sectors, these corporate stories are reflected in what the sectors are doing. oil and gas up by a half of a percent. basic resources suffering a bit despite a fairly solid iron ore pricing we're seeing in australia, off by 0.9%. chemicals and autos underperforming. let's get to the fx markets. currencies looking like this. we are seeing the dollar/yen pair close to a one month high at the 112 level, up by a quarter of a percent. the dollar got a booth from mr. enou boost from mr. nuch enou mnuchin. pmi numbers coming out of the uk, and there you go. uk manufacturing growth spiking to a three month high in the month of april. we're seeing sterling rise against the dollar on the back of the better than expected manufacturing pmi. pmi 57.3 versus a march number of 54.2. we were expecting a dip for april. so this is a very surprising, very good report given that over the last cou

the xetra dax up by 0.4%. >>> that's it for today's show. i'm carolin roth.de exchange" is up next. have a wonderful weekend. the show's about to start! how do i look? like a bald penguin. [ laughing ] show me the billboard music awards. show me top artist. show me the top hot 100 artist. they give awards for being hot and 100 years old? we'll take 2! [ laughing ] xfinity x1 gives you exclusive access to the best of the billboard music awards just by using your voice. the billboard music awards. sunday, may 21st eight seven central only on abc. >> good morning. global markets rally after the u.s. stock market bouncing back from the worst selloff in months. we'll get you ready for the final trading day of the week. >>> brazilian markets plunge. a political scandal sinks stocks sending the country's benchmark to the lowest level since the 2008 financial crisis. >>> and facebook scores a home run. details of the deal the site signed with mlb. that's coming up. it's friday, may 19, 2017, "worldwide exchange" begins right now. ♪

a look at your european markets this morning, ftse higher by 7 cac quarante in paris, lower by 40, dax in germany, lower by 50. that check out u.s. stock market futures ahead of friday trading after record closings for the s&p and nasdaq, and names you know hitting all-time highs, let's check it out dow futures down 19, s&p futures down two, all right look at key commodities oil how i i i -- higher 13 cents, below 49.0 to barrel gold higher 9.50 at 12.69 a troy ounce, one of harvard's famous dropouts returning to the university yesterday. deliver the commencement speech, speaking of facebook ceo zuckerberg publicly endorsing idea for first time paying everyone a standard salary. >> now it is time for our generation to define a new social contract explore universal income to make sure everyone has a cushion to try new ideas. >> zuckerberg joining other silicon valley executives elon musk facebook co-founder hughes supporting basic in being zuckerberg left harvard to focus on facebook received an honorary degree. >> gm is sued by owners of deez real-time poured trucks accusing automaker

the xetra dax off by 0.25%. the cac 40 is off by 0.2%. coming back to that big drop in oil prices that we saw yesterday and that reversal over the last half hour to an hour or so want to show you how it impacted the commodity currencies. actually we saw that the aussie dollar fell to a four-month low and the canadian dollar which is still slightly under pressure against the green back, currently at 137.54 fell to a 14-month low. euro/dollar holding steady at 1 1 09.68. plenty of focus on this story, france will be electing its next leader this weekend in the wake of a presidential campaign that has effectively torn up the country's political status quo. the latest poll gives emanuel macron a commanding lead over his rival, marine le pen with 62% of the voters currently in favor of macron. however the far-right candidate is attempting to narrow the gap after accusing the front-runner of tax evasion. claire is at marine le pen's headquarters, nancy is at emanuel macron's headquarters. claire, you just got a chance to speak with marine le pe

the xetra dax off by 0.09%. and the cac cac off by 0.70%. the ftse mib is doing a bit better today when compared to the cac. banks are under pressure today. why? because deutsche bank cut the sector to an underweight. once again banks were among the key decliners in the italian session yesterday. by in large we are on track for a fourth day of losses in europe. i want to get to this story. british airways says it will be operating full service from heathrow and gatwick airports after announcing computer systems were back up and running again. it warned it may take time for bags to be reunited with travelers. this after a worldwide i.t. power outage forced b.a. to cancel hundreds of flights leaving thousands of passengers stranded. shares off by 2.85%. that's for the uk listing. the spanish listing was up in trading yesterday. >>> ryanair has posted a record annual profit but the budget airline remains cautious on fare levels going into the summer season. the carrier said net profit is at the lower end of forecasts but in line with analysts e

the german dax and equities in france and holding on to gains here in early trade. and spain at this point, slightly lower. keep an eye on the markets as we continue through the day. >>> the ten-year moving a little bit last week but not as much as currencies. we saw a start at the week around 2.33. ending the week around 2.23. this morning, just fractionally above that level at 2.5%. it was the dollar market that as really in the eye of the storm last week. another big significant decline on friday. down 0.7%, the broader dollar index. and down 2.2% for the week as a whole. it's now down some 5% year to date. the dollar index. of course, as we've mentioned many times, all of the post-election gains evaporated already in negative territory since the election. this morning, you are seeing some of the dollar, as you can see the strength across the board. in terms if we go back to the dollar border very quickly, most advance against the british pound but either way still very much a trend of the softening dollar in recent days and weeks. see seema, interesting to point

half ankfurt dax over percent. fiat chrysler is recalling 1.4 -- 1.25 million truck's worldwide. it has been linked to one death and two entries and crashes. the recall will begin in june with the complete reprogramming the effect vehicles. south korea has ordered him die -- ordered hyundai to recall a million of their cars. possible defects in 12 different models. the company initially refused to act until the transportation ministry stepped in with south korea's first ever government imposed recall. the eurozone has ordered a second consecutive month of industrial output drop. industrial production -- faring worse with a 2% drop in output, ok the trend with france , the best in your eurozone. -- a judge is asking for a federal investigation into uber. uber is being sued by alphabets self driving car unit for allegedly ceiling -- allllegedly stealing its technology. the e judge issued a a partial injunction that could prerevent uber from using its self driving tech while the civil case proceeds. the u.k. will be needing to rewrite and reprint a fair amount of laws as it exits th

tim mentioned the dax, i think it closed at an all time high, that level was critical. we get close above it today, worth watching. >>> coming up, energy stocks the worst performing sector of the day and the year. a top technician has three screaming names that say buy. shake shack, shareholders getting burned, down about 10% t. ceo pointed to one of the lamest excuses in the book. we will tell you what that was. later, shares of tesla's thinking, adam jonas says the stock was going to $300 bucks says it could get $500 bucks. he'll be here shortly. "fast money" is back right after this. you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claims centers are available to assist you 24/7. call for a free quote today. liberty stands with you™ liberty mutual insurance hey you've gotta see this. cno.n. alright, se

german dax french equities flat as well. ftse 100 higher by 0.2%.e'll get to the pound in a second. >> for the week as a whole, the ftse up a percent. germany's basically flat. asia has been softer for the week as a whole. apart from one market, the south korean market. >> record highs. >> some 4% for the week after the election of president moon. other asset classes, oil prices have been important in recent weeks. this woke they are eek they are. they have softened a bit today, but curbed that fall from the prior couple of weeks and climbing back close to 50. just shy of 48 this morning. dollar board for you, also curbed a recent decline. this will be the first positive week for the dollar index in five. up about a percent the broader index this week. the euro touched nearly 110 after the french election. at 10 8.65. given up some gains. the dollar a little softer against the yen. but as i said for the week as a whole, up about 1%. gold prices up yesterday, up more today. for the week as a whole gold is flat. >> let's talk retail that was the big m

the ftse and dax also closing up. on wall street, a different story. the nasdaq hit an earlier record high but now in the red, as is the s&p 500. earnings are in focus on wall street. haves of u.s. airlines been up after the first of two congressional hearings after a passenger was forcibly removed from a united flight, sparking outrage around the world. the government is pressuring airlines to offer better admit thend they scandal could have a long-term impact on the scandal bash on the industry. the airline has announced policy changes, so there is mounting frustration. take a listen to this exchange. >> further, i am personally sorry for the fact my immediate response and the response of our airline was inadequate to the moment. no customer, no individual should ever be treated the way he was ever. we understand that. >> but there will come a day when congress won't accept it anymore on behalf of the american people and that should not happen that we hope you know this does not stop today. >> more reforms are needed but will exploring countries in t

all the indices are breakeven except for the dax index in germany. asia overnight a couple of holidays to report. the other majors are down three quarter of 1%. alonso ball unveils it. there is a look at the speaker right now. plus game of thrones fans rejoicing. hbo working on a four spinoffs of the hit show. they're draining me to talk all about it. and the cheap -- chief operating officer. great to see you. what happened in the first quarter because we saw seven tents of growth through did that gdp number. jobs disappeared. >> if you look at it there is there's only 533,000 jobs created up until we get the revisions of this morning. i think what were seen as that we started off and there was a lot of optimism and confidence. if you look at the jolts number. we had a seven month high. but wait are seen that employees are cautious. i think it's the wait-and-see mode what's can help it with healthcare reform. it is in line with the same growth. it was slow going at the start of those years. it doesn't bode badly to the rest. we know the oil sector ha

c sliding back -- the frank for dac -- the paris cac and frankfurt dax both sliding back.the midst of fierce military action against the islamic state group in mosul. mobile app startups inspired by the likes of uber and others, as the cash grab -- cash-strapped government is trying to encourage job creation in the private sector. catherine clifford has more. catherine: they can be ordered now with a smartphone. >> it is much better than having the hassle of checkpoints and traffic congestion. means "my the app mel." "my meal." ahmed: it includes a picture can disruption, and the price. catherine: a lack of clients connected the smartphones, the business is now worth over 90,000 euros and has eight bank employees. it is part of a growing app scen e in iraq. -- anotherired by company inspired by uber was launched in february, and it is geared to safety. >> if the driver is a registered unknown to us, we will call the driver. catherine: he aims to hire 50 new employers this year and expand to other cities. athletic these are creating jobs where they are badly needed. like th

up and the dax up by .3 of 1%. in aggregate we are opening up .3 of 1%. that is the story in terms of where we have -- think cash is day.ing the guy -- the where watching carefully a number of things. you have seen the aussie dollar come down. that is the story with the aussie dollar, down by .2 of 1%. the bloomberg dollar index is up and the dollar is firmer. solids back-to-back sessions for the greek market. i want to show you the next column. this is where gets interesting and this explains why we are seeing what we are seeing in the aussie. iron ore is down by 8%. you're seeing an aggressive selling off of the metals complex overnight. were soft yesterday in london and soft in australia. will they be softer in london? the fair value which i showed you on the ftse points to a fairly solid start. hsbc is trading very strongly this morning. kong.up to 2.5% in hong that should translate into a big positive jump for the london market. we will talk about the minors and what is talking -- happening with oil as we work our way through this morning. and the cr

the cac and the dax are indicated to open down, as are the rest of european markets.et me click into my bond screen yields moving higher. you can see the real movement today -- let me zoom in -- we have had a real selling off of german debt and that is pushing the yield higher. manus: matt, let's look at gmm. the u.s. equities futures a little lower, a new president in korea. reopeninghe cost be down .9%. the bloomberg dollar index is down by .8 percent. that has more to do with kaplan's comments about the .allas federal reserve yield, turning around. crude, up by .5%. we have the trump side of this trade and the comey sidedness trade, but we have kaplan, the dallas president saying he is confident u.s. pressures remain and it is possible the u.s. economy will unfold in a weaker way. a lot to digest. how much will the market store value in what trump has done? what does that mean for market risk? had,irst word news to be juliette sally is poised. months to go to the u.k. general election, wooesa may has set out to using a rare joint interview with her husband to show

all the main indices are in the green this friday. .1%.tse and dax are up aflation in egypt has reached 30-year high, leaving many in the country struggling to afford a basic items, including food, fuel, and dr. city. inflation began to spike after the central bank devalued 40%tian powers -- pound by in november in exchange for a $12 billion loan from the international monetary fund. >> it is a balancing act proving more and more difficult. the agenda and govern is grappling to bring inflation under control while sticking to reform pledged to the imf. ordinary egyptians say they are bearing the brunt. >> we are now living on fava beans and falafel, but even those are expensive. we used to get fava beans for pound, and it was enough for breakfast for my family. that now breakfast costs to public three pounds. >> on tuesday, the government approved $55 million in food subsidies. purchases ahead of the holy month of ramadan to food demand increases due to high consumption in between fasts. according to shopkeepers, as prices continue to go up, business is going down. >> of course after the

the ftse is up and the frankfurt dax is down. that's the markets just before midday.et's look at the day's other top news. airasia will set up a new budget airline in china through a joint venture agreement with everbright group and the country is set to overtake the u.s. next year. air passengers within china reached 487 million and asian shares represented 2%. uber's biggest rival in the u.s., lyft is making a push to self-driving vehicles. they're joining forces with googles unit. many firms in the sector are hoping such technology can work with their journey booking systems and is set to escalate a rivalry between waymo and uber who is on a court battle for self-driving technology. >> we'll puckle up for the story where drone technology could lead to flying cars? >> japan's group has been funding to dofrle the so-called sky drive car which uses joint technology and has three wheels and four votors and now has a major, major sponsor and that's toyota who announced it's giving 40 million yen, over 320,000 euros and sky drive is the world's smallest car at 1.2 meters