the dax is higher by almost 0. 8%. the only lose tler r there is ts 100. the ten-year yield at 2.827% the 2s at 2.344%

red, down just over 0.1% in germany, the dax up 0.4%. in paris, the cac 40 up 0.20 the ftse mib up 0.20%. basic resources up the laggard at the moment is the retail sector. let's talk about volkswagen. shares are trading higher ahead of the first press conference of newly selected ceo herbert diess. diess will replace matthias mueller and charged with leading volkswagen towards a sweeping transition volkswagen will start a press conference shortly in wolfsburg with speeches from the chairman dieter perch and herbert diess

almost 3% up on the dax index. futures are pointing down, maybe not that much. even if you did not know donald trump had threatened $100 billion tariffs of imports from china. you might expect a little bit of a drop today after the massive rise we saw yesterday. take a look at treasuries. you did see the u.s. 10 year 2.8d will back up above percent in yesterday's trade.

dax down a fraction. >> asia stocks higher at the shanghai composite up 1%. the hang seng in hong kong was up more than 1.1%. turn into any robot does this. an ikea chair without having an emotional amount down. "fbn:am" starts right now. >> 5:01 a.m. in new york city. thursday, april 19th. i'm adam shapiro and for lauren simonetti. cheryl: good to see you here. good morning, everyone. i'm cheryl casone. a lot of breaking news to get to this morning. president trump morning he will walk away from the meeting with north korea and kim jong un does not produce results. >> as i think that it's a meeting that is not going to be

huge slide yesterday for both equities and commodities and now an ecstatic line straight up as the dax and its friends shot for the moon gains of well above two percent and it's all because we're getting a very different message from the trump administration today it signaled possible wiggle room in the trade spat with china u.s. trade secretary will withdraw saying he'd like to reach a trade agreement with china soon and the president's economic advisor larry could low questioning whether the announced terrible ever take effect. critics consider the u.s. president and his protectionist policies a threat to global trade that would trump says he needs to impose barriers to lower his nation's huge trade deficit which he claims is hurting the american economy the u.s. has imported more goods than its exported for years deficit reaching almost eight hundred billion u.s. dollars last year trade flows with china really unbalanced the u.s. imported chinese goods with five hundred billion dollars but only sold them one hundred thirty billion back the u.s. trade deficit with the e.u.

xetra dax is down 1.4% here we had some weak macro data coming out of germany. weak german retail sales and weak manufacturing numbers the macro here is weighing cac 40 is also down 0.9% the italian index has been a focus of many peoples attention given election results that's down 0.11%. let's switch to sectors and see where the declines are coming from only one sector in the green, oil and gas, up 0.3% to the down side really no surprise industrials down 1.7%. autos down 1.6 technology down 1.5% similar theme to what we saw in u.s. trading yesterday but perhaps not as bad back to you. >> thank you very much >>> outside of stocks, here is how things look this morning oil is slightly higher we are not seeing a big change in the euro/dollar 1.23 for the euro/dollar gold is down a bit to 1,341 per

the world's two biggest economies continues to weigh on markets in frankfurt to germany's blue chip dax index dax is shedding about one percent investors are worried that a dispute between the two powerhouses could hurt and deal rail the entire global economy a fear that is shared in asia many stocks there are also traded lower today the shanghai composite index closed down about one percent. all right here's something exciting spotify the world's biggest music streaming service is going public in new york later today spotify was founded twelve years ago by the swedish company and it has yes to yet to make a profit in twenty seventeen sales rose almost thirty nine percent to over four billion euros to growth came at a cost losses also mounted from five hundred thirty nine million euros to almost one and a quarter billion spotify is revenues come from users who pay to listen to music streamed directly from its internet platform company as a catalog of thirty five million songs to choose from and seventy one million subscribers so spotify is i.p.o. naturally is much anticipated but given

want to pick up on some price action dax is down almost 0.7% today. to get worried about the german data here looks like things are beginning to fall over a bit >> not the german data the whole world has come off the peak the soft data in europe suggests that gdp was growing almost 3% but the hard data said 2.25% soft data has come down to that level. if this is all that happened, we're okay i think that's the most likely scenario there's always a risk when the numbers come off that it's not stopping here. >> we have not spoken about ecb. how are you thinking the ecb will react this year or do anything at all? people were hoping that this may be a window for them to turn a bit more hawkish but with the data falling a bit, core inflation at low levels, perhaps they won't do anything at all >> i think they'll phase out qe by the end of the year whenever they announce it. the question is next year, when they put rates back to zero. i think the biggest risk is the u.s. trs there's a possibility that the u.s. is slowing rapidly, maybe starting in a year's

the dax is getting hit the most in europe.their take on the selloff. a deep risk off tone to the market. europe and asia and the u.s. this is bloomberg. ♪ jonathan: from new york city, 30 minutes until the start of trading. i'm jonathan ferro. this is the countdown to "the open." ♪ coming up, the u.s. proposing new tariffs for china, beijing wasted little time to reveal their own proposals. trade tensions and hitting risk assets, risk off again and the rally is kinder. digesting the difference between rhetoric and real policy, investors grapple with what actually matters. 30 minutes away from the opening bell, the vicious risk off warning, in equities it could be. futures off by 1.3%. elsewhere, this is hardly a gym addict in the treasury market, down two basis points. and in the fx market, a little bit of yen strength with emphasis on a little and the dollar pushing out one .2298 -- at 1.2298.

ftse 100 is up xetra dax is up 0.7% cac 40 is still hovering around the flat line. ftse mib is the underperformer let's switch to u.s. futures and see what thepicture is like there. dow is seen opening up about 30 points weaker. s&p about 4 points stronger. this is not major, but bigger picture is the earnings out of the tech sector this week have been extremely strong. speaking of that let's talk about amazon shares touched a record high in extended hours trading after posting first quarter earnings that more than doubled wall street expectations. the seattle-based company saw net income rise to $3.27 a share. when average estimates put the figure at around $1.26 a share huge beat. revenue also beat forecasts as amazon saw strong demand for its cloud computing business and growth in online advertising sales. amazon also announced it will increase annual membership fees in the u.s. for the prime service and new users will have to pay $119, up from $99 starting from may 11th it's the first price increase since 2014 arjun joins us to discuss. amazing earnings from ama

they dax is expected to be competent.icipating that is going to be opening anytime soon. the dax is expected to have a positive session in terms of where it is going. let's take a look through the bloomberg 500 here in europe. you've got bright spots in i.t. from u.s. into europe is likely to be a positive one. is europe'sis biggest asset manager. it is the biggest asset manager. it has really solid numbers this morning. industrials look mixed. hotspots.a couple of materials get a little mixed. the i.t. sector looks interesting. what are you seeing on the brent? matt: i'm looking hotspots. materials get a little mixed. at it right now. the 45 gainers. -- 345 gainers. a lot of the brent to the outside. take a look at the gainers that will kick it off with basf. a lot of german stocks at the top. s.a.p. and bayer, all rising. look at the losers. down, could be a dividend call, moving down 7%. the next biggest loser, anheuser-busch. most of the companies we are looking at are gaining. the size is only getting side as well. g

we still do not have a number on the dax.lls you a little bit about how much digestion needs to take place. it takes a while to get things .oing on the dax german names are coming through. europe, as protected by the fair values, moving down by around 0.5%. let's throw up the movers. this is where the real story lies in europe. we have a market moving on the downside, cosco, trading a little bit layer -- a little bit lower. look at the bottom. toughs bank, a fairly morning this morning. those names are not producing the numbers the market was hoping for. deutsche's had a good day yesterday. numbers are out tomorrow, there is a board meeting today to decide future strategy. that show you what is going on at the other end of the market. outng, numbers being thrown by gucci are i watering. shire is trading higher as well. this, on the back of the bid that has come through from dictator -- takeda. they are concerned about the debt and the dilution and what is happening. if we see shire shareholders selling out the stock. credit s

the dax in germany up 106. train to growing more than expected to 20%. despite the stocks: in shanghai and hong kong. lauren: president trump will meet with the prime minister of japan. he will talk trade as well as north korea. "fbn:am" starts right now. train 25:01 a.m. here in new york. happy tax day. april 17th. i'm cheryl casone. lauren: it is april 17th in this year it's tax day. on lauren simonetti. cheryl: president trump come out of the op-ed on how the american economy is growing in apple and chris are hiring and investing money into the country. the fact that americans will next you get way more money back. lauren: 3 million jobs created since the election. touting on this good thing since the economy. "usa today." cheryl: we will talk about that later on. today you've got to walk with japan's prime minister and mar-a-lago. lauren: lauren blanchard takes a look at what is at stake. reporter: the stage is set for another meeting between president trump and japanese prime minister schanzer ayub at the so-called winter white house winter white ho

dax down 197. 1.57%. drink your asian stocks posting losses be the big loser down 1%. gerri: amazon has a new way to keep your delivery save. "fbn:am" starts right now. trade 25:01 a.m. here in new york at wednesday may the 25th i'm cheryl casone. gerri: i am gerri and for lauren simonetti. i think if you're worried about leaving things, it's a good thing to do. cheryl: we'll get to that later on in the show. there is plenty of circumstance last night as president trump hosted french president emmanuel macron at the white house for the administration's first state dinner. >> we raise our glasses as i offer this toast to president macron and brigitte, to the french delegation in every proud citizen of france. mayor friendship grow even deeper. mayor kinship grow even stronger and they are sacred never die. gerri: at lawrence at the white house with more. >> good morning. the dinner was a formal affair lasting about two hours. also, the who's who of the corporate world was fair. during the test, and the romance between president trump in the french president was on displ

dax index down 1 and a half percent. that's almost 20 points lower on the dax in germany.e only dow component reporting this morning ahead of opening bell. twitter is to report the quarter. we will bring you numbers and analysis. twitter shares up 2 or 3%. house minority leader confronted over criticism over the president's tax cut plan, watch. >> in terms of the bonus that corporate america received versus the crumbs that they are giving to workers to put is smoochze is so pathetic. maria: that was on january 11, forcing her to play defense. security will be tight. we are going to take you there live. amazon is looking to avoid pirates by delivering trying to your car, how it works later this hour. the online retailer kicking off way day with deep discounts. beyond the big mac, mcdonalds giving taste of the world on new restaurant, how you can try items from australia and brazil. house minority leader pelosi facing backlash after referring to bonuses as crumbs. student from georgetown university described why the tax cuts described his family during town hall with the con

the second trading day to the downside that the dax down 1%. almost half a percent decline in paris and london. cheryl: let's continue to cover breaking news that the trump administration has announced a plan to some 25% tariffs on $50 billion across 1300 categories. lauren: all of us as washington continues to criticize beijing for its policies that require foreign companies to hand over their technology, their trade secrets. the proposed tariffs do not go into effect immediately. in fact, they might never be imposed at the two countries agree in the meantime in the deal. there will be a public hearing on the issue held may 15th in washington. china strongly condemning the u.s. plan, calling these tariffs a willful distortion of facts. they did threaten earlier this morning to take countermeasures and in the past i've only got those countermeasures. train to the futures reflect analogous breaking news overnight. let's bring in jason burstein, cofounder and president of halo investing. jason, good morning. >> good morning. cheryl: it certainly

the ftse 100 up 0.4% xetra dax in germany up slightly more than 0.10%. the cac 40 up 0.3% the ftse mid up around 0.10% as well the dollar is having a strong day so far up around a quarter percent against the yen and the swiss. the euro and the pound both weak weak weaker the pound crashing there that is it for today's show in london i'm willem marx. "worldwide exchange" is coming up next. crohn's disease. you're more than just a bathroom disease. you're a life of unpredictable symptoms. crohn's, you've tried to own us. but now it's our turn to take control with stelara® stelara® works differently for adults with moderately to severely active crohn's disease. studies showed relief and remission, with dosing every 8 weeks. stelara® may lower the ability of your immune system to fight infections and may increase your risk of infections and cancer. some serious infections require hospitalization. before treatment, get tested for tuberculosis. before or during treatment, always tell your doctor if you think you have an infection or have flu-like symptoms or s

don't youjust down, as was the cac a0 and the dax. 0verdue, maryam.ing us is simon derrick, chief markets strategist at bank of new york mellon. so good to talk to you. on wednesday we had president trump's top economic adviser talking about negotiating with china, trying to play down a trade more. since then the rhetoric has yet again been ratcheted up. what investors make?” think they are confused. the reality is all the inside chat seems to be that not much was taking place in terms of negotiation. there is further pressure being brought on china. doi further pressure being brought on china. do i think there will be more attem pts china. do i think there will be more atte m pts to china. do i think there will be more attempts to calm market nerves? yes. doi attempts to calm market nerves? yes. do i think china will respond again? yes. do i think investors will be increasingly concerned? absolutely. yesterday we heard from the american soya bean association who say the effects of tariffs on their products could be devastating, china is such a huge i

dax up one 10th in europe. cheryl: stocks in china falling sharply on worries that new regulation can slow down the chinese economy. lauren: y impute a massive inquiry call. fears of a salmonella outbreak. "fbn:am" that continues right now. cheryl: 5:01 a.m. in new york. when they come april 16th at morning i'm cheryl casone. lauren: happy monday if there is such a thing. and lauren simonetti. cheryl: i think we are just going to say happy friday. every monday we have an incredible amount of news. lauren: back in the day monday was a hard thing to produce. now there's no shortage. turning to the first breaking story we've got this morning. the united states to announce additional sanctions on russia today for helping serious attack its own people with chemical weapons after a u.s.-led coalition launched more than 100 missiles against the assad regime in friday night. the president getting heat for treating the coordinated strike against syria were mission accomplished. the white house defended the president. >>

the declines are led by xetra dax down by almost 1%. that broke lthrough the 12,000 mark cac 40 is down 0.4%. there's one sector in the green this morning, that's oil and gas, up 0.2% we will be keeping an eye on inventories. the bigger story is going to be what the reaction will be to the export-sensitive sectors autos are down more than 1 already in trading basic resources down 1%. technology is the sector that everyone has been focusing in on the last couple of weeks as the trade rhetoric escalates china announced they will impose new tariffs on more than 100 u.s. goods the measures call for an additional 25% in tariff also target soy and wheat, cars, chemicals, tobacco and even airplanes. geoff joins me on set to discuss some of the repercussions of this announcement. 50 billion sounds like more than what the market was expecting the chinese side to go for >> the chinese said all the way through this that we will match you blow for blow. that's the message coming through loud and clear what we've seen from both of the parties here i

xetra dax is leading the charge, up 0.9%. we're seeing xetra dax is the one with the highest beat. up days like today it's leading the charge we've seen that in the last couple of sessions as well yesterday it was also leading. cac 40 up 0.5% ftse flat. let's get into sectors we have had some corporate earnings come out that lifted and buoyed some sectors. basic resources is leading the charge, up 1.8%. autos with president xi pledging to reduce some import tariffs, autos are having a good day. i want to draw your attention to healthcare, up 0.9% after the u.s. has given approval to bayer to take over monsantos that's boosting bayer shares this morning household goods, we just talked about lvmh all household goods are trading up on the back of those strong numbers by louis vuitton after the close yet. to the down side wru untutiliti. >>> switching to asian markets all the focus overnight was on president xi's speech. the nikkei bounced up 0.5% or so almost up at that 22,000 mark. so definitely want to keep an eye on that. the big moves happened in chinese indices. shanghai was up 1

yes more confident as the day wears on the dax going up and up and gaining over two percent now and all the major shares in the dax are gaining and it's practically the same picture across europe if you look at the euro stocks fifty and you know yesterday in the days before people went into safe havens like gold for example gold is going down now also seen as being less necessary to hedge your bets there and oil which suffered from perhaps the prospect of the economy worldwide being hurt by this trade conflict had had been going down is now recovering as well and in other news di maria see such a had some somber news at the company's annual shareholders meeting tell us more. that's right everybody things immobility is the future of the automobile industry and that's such a basically has to believe that too but he warned investors he warned his shareholders that the cost in the medium term in the short term and medium term why because you mobility costs billions in investment up front and the profit from the cars isn't going to be that great in the beginning batteries which are expense o

jin daxing is the leader of china open after the first round — he's the world number 1,a26.e. england's matt wallace is tied for second, one shot back. rafael nadal came through an all spanish tie in the last 16 at the barcelona 0pen — beating guillamo garcia—lopez in straight sets. nadal is eyeing an 11th title in the spanish capital. and sir ben ainslie has changed tack in his bid to win the america's cup, sailing's oldest prize. he'll be backed by britain's largest privately—owned company, ineos, who're financing a £110 million challenge in 2021. ainslie will skipper the boat, with another olympic champion, giles scott, as the team's tactician. and finally, thailand's first ever elderly games has produced some new old stars. 98—year—old sawang janpram won the javelin, discus and 100 metres as he and his compatriots tried to show age is just a number. some of the sprints were a little more sedate, but the more sprightly, in the younger categories, showed the hurdles were no barrier to taking part in sport whatever your age. some pretty strong technical display! that's all

see where this goes there have been favorable words maybe that can happen again but remember that the dax is tumbled from over thirteen thousand five hundred to now twelve thousand two hundred eighteen points in the dow has lost from twenty six thousand four hundred to twenty four thousand five hundred so there's already a big correction in the market at the moment only bought in frankfurt thank you. now despite the growing pressure on u.s. trade relations with the rest of the world there are still examples for growing economic cooperation between the united states and the european union and germany in particular one such example is the german american skills initiative names to bring germany so-called dual education system to the u.s. combining classroom learning with hands on vocational training our correspondent carsten phenomena reports from the us state of georgia. it's seven in the morning and colicky and it's already at work the seventeen year old is training as an industrial mechanic at e.g. oh it's an american tech firm in union producing components for household appliances coats

yesterday, reasonably positive around europe, the dax trading up.ack, italyuncing up by 1.3 percent. the aussie dollar is bit overnight and that tells you about this risk on sentiment that may be perry meeting the market. --. in the market. we will be talking about some of the confusing messages the market is kicking out yet. aluminum still bid, 7.1%. this morning but copper trading a little softer. let's get a first word news update with juliette saly. juliette: donald trump met with his national security team yesterday to discuss america's response to an apparent chemical weapons attack in syria. that came as the u.k. prime minister theresa may's cabinet said it is vital to respond to the incident. suggestedested -- it they are prepared to join if a strike is launched. sinceum has its best week 1987 as investors and the global industry battle with supply disruptions after the u.s. imposed sanctions on rusal. prices are up 12% after surging to a secure high. haveanctions on rusal rocked the market with all parts of the supply chain rushing to asses

dax open.r a don't have a full open on the german market. there we go. 1.6% for the german market.cials expected to be reasonably well bid. also expected to trade quite strongly. the initial knee-jerk response. it was only half an hour after where we are now. we saw this china story come out. the market started selling aggressively. a sell first ask questions later mentality. we saw the 1.6% drop. stocks climbed back strongly, up 1.2%. stocks following suit, but remember, china, the mainland market, both closed for the festival today. whatproviding details of exactly that means earlier on in the program. i will get him to repeat that. what do we make of this rapid turnaround we saw yesterday? let's bring in some voices. dani burger is with us on set. , another guest. it was an amazing turnaround. dani: a lot of whiplash from this turnaround. these markets are finally reactive. we have not seen this kind of market in a wild. did dot shorted stock very well. right when we had that turnaround was the short interest stocks that really led the market up. not saying this is all a short s

dax futures were up .5%, cap futures one third of 1%.fterries, flatline yields rose yesterday above 2.8%. two point 6% and change, now 2.84. haven't gotten much movement. it looks like it could be a risk on day today. it doesn't look as pronounced. at what islook happening in asia. he have seen a reaction to the chinese data within the stocks. you have the china csi down her eye around 1% at the moment. as they were talking about on daybreak, what is interesting is the credit impulses starting to fade in china. we talked about it on this program and it is something worth paying attention to. the retail sales number looks good, particularly online, but chinese stocks are weaker. look at the rest of asia, barely budging. not much happening in the rest of asia. a very chinawe talked about it s program and it focused story. the turkish lira bid, the korean won is bid, the south african rand is bid. the dollar weakening a little bit carried the pound is reasonably strong in advance of the wage data later today. let's push this off because we

the dax index up a quarter of a%. at 29 points higher in germany. in asia overnight. it was a holiday. caribbean controversy. as we speak seeking asylum. they have arrived at the u.s. border. vice president mike pence prepares to two or the to her the border wall construction later today. the man who stopped the waffle house shooter gets a standing ovation at the predators game. we will talk about that. carrie underwood bringing down the house with her performance of the national anthem. all of the stories coming up to break it all down. onset in new york. happy monday to you. i can't wait to hear what you think about that white house correspondent's dinner. we are to to talk about that for sure. we would have left. making a hand gesture in the process. really, it was disgusting. it is now denouncing that speaker. it's what they paid for. that's what the resistance is. we will talk more about that. i want to get right into it this morning. getting tough on trade. they are visiting china this weekend in an attempt to have off a potential trade war. i sat down for an ex

secretary of the treasury the german share index dax change from the downside to the upside after those statements came out all this sounds like a tough but peaceful negotiations not like a trade war this is the take on that on the trading floors and this is what investors are hoping for. going on booze in reporting that another grilling for facebook british lawmakers repeating their call for c.e.o. mark zuckerberg to appear before parliament over a data breach they rejected explanations from chief technology officer mike trout for he told the committee facebook will introduce you measures to boost advertising transparency in britain by june as it cracks down on manipulative political ads in the spread of fake news defended his company's handling of the data scandal as many as a million british facebook users may have had their data harvested as they were connected to the u.s. uses targeted by political consultancy cambridge analytical. in the scandal hasn't hit facebook's earnings yet blockbuster results and solid user numbers sent its share price rocketing on thursday his gens quarter

the dax index is down a fraction, 11 points lower.r night red across the board following the decline in technology stocks which was bretpretty sharp. the shanghai composite was down 1.5%. house minority speaker nancy pelosi targeting legislation again in the wake of this infamous comment. >> in terms of the bonus that corporate america received versus the crumbs that they are giving to workers to kind of put the shmooze on is so pathetic. it's so pathetic. >> maria: president trump fired back this morning, he tweeted out this, nancy pelosi is going absolutely crazy about the big tax cuts given to the american people by the republicans. got not one democrat vote. here's a choice. they want to end them and raise your taxes substantially. republicans are working on making the tax cuts permanent and more cuts. we break down the tax battle coming up this morning. a new light on a higher loyalty. lawmakers get a closer look at james comey's memos from his meeting with president trump. why president trump says he's vindicated. then, how nint

london a little better bid than anticipated but we will see how the dax opens.king place in germany today. we are in a -- where are the hot spots on the bloomberg 500? health care, we will see that in just a moment. energy, a hotspot on the upside. there is some weakness in consumer staples, financials look well bid. it looks like health care and the energy sector where we see the strength coming through on the map. matt, individual names? matt: first off, 409 stocks gaining, only 49 down. real breadth to the upside. look at the movers as far as index points are concerned. lvmh up at the top. a gain of 5% helps ads points to the europe 500 index. you mentioned health care. u.s. is again are in the -- a gainer in the u.s. the xi speech, we have daimler gainer.ner, bmw as a then you see material stocks, miners like rio tinto and oil like korea -- royal dutch shell. look at the losers here. 1%, otherwise, you don't see a lot of stocks losing 1% or more. losers are few and far between and those that are down are not really down by very much. talk toant to come and p

well it's actually quite calm here still on the market side the dax for the last days was actually higher and higher so i think that like the calm before the storm most likely because investors clearly don't like the prospect of tariffs levied on various productive because that could trigger a sparrow in terms of countermeasures also from the the side of the europeans and that could of course stand them convert economic growth world trade and that is something which is not going down very well with investors now regardless how this these talks end two days since donald trump into the white house uncertainty if you like is part and parcel of every day global business of any greater implications we should worry about. well actually it is quite surprising how calm the word state is if how wallet from tweeting for example is if you look on twitter what he's saying there i think nobody is extremely impressed if we are not talking about concrete measures because we have seen in the past that he cannot follow throw logs because he needs to have congress he needs to have the house and he needs to

official and people here see that too and it's amazing that at the end of the week the dax for example is clearly higher than at the beginning but to put it into perspective how damaging the mood or how damaged the mood is at the moment the levels here but on wall street as well are much lower than at the beginning of the year will events in frankfurt thank you very much. now everybody is talking about donald trump's tariffs and the trade war but there are examples for growing economic corporations between the u.s. and the e.u. and germany in particular one such example is the german american skills initiative which is trying to introduce germany's well established system of the so-called you education to the united states that combines classroom learning with hands on the occasional training three years ago the german american charges of com a start of the cooperation with the u.s. and german governments and as our correspondent phenomena reports from the southern us state of georgia the initiative is beginning to bear fruit. it's seven in the morning and colin mckeon is already at wo

we've got all of the indices trading in the green xetra dax up 1/4 of a percent. watch out for german cpi data one of the major stories driving everything this morning is those of the deals that were announced over the weekend, be it sainsbury, asda creating the largest u.k. grocer and t-mobile and sprint so the picture here for europe is certainly more positive switching to the foreign exchange and this morning it's one of slightly dollar stronger. your dollar is down .1%, dollar jenn charging higher almost at 1.10 re3w0u7bded from the lows of 1 .05. cable has been struggling for the past week. they have very weak data q1 gdp data and all of the ongoing political turmoil as the home secretary resigned late last night and the discussions are very much the focus this week as far as cable is concerned. that is the picture for foreign exchange you can see the ten year is at 3.6. let us not forget that today is month end. typically on month end you do see it emerge on fixed income. i want to bring in the head of interest rate strategy from commerce bank. good morning

the dax down one and a 3%. markets were mostly lower for the shanghai composite down almost 1% on the session. a caravan making its way towards the u.s. border carrying more than 1000 people from central america. president trump calling on mexico to take action. ambassador to the united states weighed in last night. >> we certainly understand the concern of people in the united states here have about immigration. we are trying to work with the united states and central americans. >> the very latest is that just as department has quotas for immigration. the unicorn et cetera to wall street. spotify to go public today in a very unusual way. the new york stock exchange coming out. plus, history made. >> tonight, another national championship. >> highlights from the march madness but very coming out. netflix may be hiring for the best job ever. getting paid to binge watch. join way to break it all down as they can make towel, connell mcshane along with the heel contributor and author of how -- kristen tate is here.

stocks on both sides of the atlantic are enjoying a big bounce back the german blue chip dax finishing the day up close to three percent the dow jones industrials following suit investors believe a trade war between the u.s. and china could be over for even really began the trumpet ministration has signaled possible wiggle room in the spat with china u.s. trade secretary will ross says he'd like to reach an agreement with china soon and the president's economic advisor larry could lower questions whether the latest tariffs will ever take effect. or he bounces at the frankfurt stock exchange for us really how do you read into this could this be the beginning of the end of this very short lived trade war. yes. i hope so but i don't know and i don't think anybody who reacted so positively to the positive signals from the united states knows either i talked to a traitor just as he was leaving the stock market when trading that finished just a little while ago and he said you know who knows when the next tweet will come from the white house and what will be in it so people are ready for for

the dax index is up 3/4 of 1%.t, markets closed mostly lower with the exception of japan. nikkei average squeezed out a gain. china reporting the country's economy grew 6.8% in the first quarter of the year, exactly what they said it would do. taking tax reform on the road, president trump touting the republican tax code overhaul with an appearance in florida today and a new op ed. >> they want to terminate and they want to raise your taxes and we cannot let that happen because this country is starting to rock with our businesses coming back in. it's starting to really rock. >> maria: the very latest as the new polls suggest the republican tax overhaul is still struggling to connect with voters. and the supreme court adding a landmark case to its cart, justices ready to hear arguments over whether states have total control over internet sales tax. what it could mean for your amazon orders coming up. a sandy slice, how dominoes is bringing delivery to beaches, parks and everywhere in between. you want a pizza in you

the dax index in germany is up a quarter of a percent.rs were above estimates as you see there. in asia overnight, stocks closed mostly higher. the shanghai composite up nearly 2%. all those stories coming up. first, our top story this hour, tackling tax cuts phase two as voters head to the polls this fall for the midterm elections. republicans are hoping to pass another round of tax cuts later this i don't remember. -- this year. more people view the republican tax overhaul as a bad idea, rather than a good one. joining me right now is congressman kevin brady of texas. thank you for joining us. isn't it amazing that we get this poll that says most people don't see the tax plan as a positive. >> the narratives been so brutal for the past year. but when they asked the questions, maria, you get different answers. when you ask people should you be able to keep more of what you worked hard to earn, you want to see the standard deduction doubled, do you want to get more help raising your kids, do you want to see the paychecks rise, the answer

markets are doing much today the dax i've seen is flat lining is that because there are always different drop. yes it is it's also just in part a little bit of that because it's a public holiday tomorrow labor day and germany and lots of people are not here but i asked a trader about that just about a half hour ago and he said you know trump you don't know what he will decide and the way he said it i just saw in his eyes that he was exasperated with people here and exasperated for a long time at this back and forth and this uncertainty but now it's coming to the fore and what's going on in this traders mind total uncertainty. must surely be going on in the minds of professional investors all over europe probably all over the world because if the united states imposes tariffs you will impose tariffs china will reciprocate in some point and growth will go down while inflation goes up in most places and that's spells trouble whether you're directly involved with u.s. trade or not the thing is in germany most companies are directly involved in trade with the u.s. exactly the stuff we're talk

right now the foot peak on the cac and dax down the 1% mark. train for the wildcats are national champions once again. >> what a great team we witness in this tournament tonight. the national championship. tranthree top seed villanova crushing michigan 79 252 with their second title. "fbn:am" starts right now. cheryl: 5:01 a.m. in new york. tuesday, april 3rd. good morning. cheryl casone. lauren: good morning. i am lauren simonetti. cheryl: would've been worried about the snowstorm yesterday morning and we talked about the issue of china in the trade wars in the markets really to bad news to heart. rough day at the dow down almost 2%. nasdaq almost 3%. we'll be talking in just a few moments. the president vowing to fight back at the trade tensions between the u.s. and china continue to rise. lauren: the latest now from adam shapiro. >> here in washington they anticipation is ratcheting up. i'll isolate the present isolate the president might do in regards to nafta. china grabbing headlines. ustr recently up in the rhetoric and its trade estimat

the cac fractionally going into the red at the tip 21 comment dax up 41. composite of nearly 2% in the hong kong hang seng up 1.2%. cheryl: railroad workers being offered huge signing bonuses. why they are dangling significant cash. "fbn:am" continues right now. ♪ gerri: at 5:30 a.m. on april 24th. jerry willis and four lauren simonetti. cheryl: anand cheryl casone did a lot of braking is to get to from overnight. iranian president hasan whereupon he has now issued a warning to president trump to remain in the every nuclear deal or face consequences. this deal was signed by russia, china, germany, britain and france. the topic on the president's agenda during his visit today. white house press secretary sarah huckabee sanders making the president's position pretty clear. >> certainly think they should be a better deal when it actually is positive that works then we don't really typically look to the leadership of iran to determine what our foreign policy has. cheryl: with the deadline looming, will that persuade the president to stand? democratic ohio stat

markets across the continent you can see the ftse 100 in the red, down just over 0.1% in germany, the dax4%. in paris, the cac 40 up 0.20 the ftse mib up 0.20%. basic resources up the laggard at the moment is the retail sector. let's talk about volkswagen. shares are trading higher ahead of the first press conference of newly selected ceo herbert diess. diess will replace matthias mueller and charged with leading volkswagen towards a sweeping transition volkswagen will start a press conference shortly in wolfsburg with speeches from the chairman dieter perch and herbert diess we are joined by annette in wolfsburg for that press conference what do you think is driving this positive reaction from the market to this news? >> actually ever since herbert diess was entering volkswagen he was responsible for the vw brand. this brand had huge problems in terms of productivity. he managed to install a restructuring program inside that very important unit of volkswagen so he has a track record of really delivering when it comes to enacting bold changes, enacting productivity gains. that's something

the cac 40 in paris at nine in the dax has made teen -- down 18, pardon me.at the split over there. looking good there. stocks in japan, south korea and 1% overnight. gerri: toys "r" us rejecting a toymaker buyout to say that bankrupt retailer. fbn continues right now. cheryl: 5:31 a.m. in new york. it is april 18th. good morning, everybody. i'm cheryl casone. gerri: on gerri willis and for lawrence antonetti. tributes pouring this morning after the passing of the former first lady barbara bush. train to adam housley is live outside of the bush home in houston, texas. what can you tell us this morning? >> obviously you mentioned the outpouring of love from across texas and across the country. she died of course here in houston family home last night at the age of 92. we are told she was surrounded by her family and her president of 73 years which is by far and away at her side holding her fi, 17 grandchildren and many friends and family around the world. we had a number of people give their feedback anonymously their condolences of course. the one that came f

the dax up by

country's south left eleven children dead six journalists and four police officers are amongst the dax in kabul killed after they rushed in the same of the first attack placing the first bomber was on a motorbike chemical second to some fourteen disguised as a journalist bombs exploded during rush hour in the city's diplomatic corps to islamic state groups as it carried out the kabul by. a freelance journalist to hear the d.n.a. joins us on the line from kabul welcome to d.w. islamic state claimed the first two attacks in kabul the taliban the third of these two groups likely to be coordinating their attacks. i don't want to tell you all right i mean normally that is what happened here in afghanistan here are like a lot of things that the like there are folks who are raw you ordered the police for the day i'm fortunate in the air you know when the birds are back and of course not over you and they're going to get the brush to be. good to break the break oh and a load of people can work more on the away and come work on the ground and an autograph and look if you're in the mix and they

dax down a fraction. >> asia stocks higher at the shanghai composite up 1%. the hang seng in hong kong was up more than 1.1%. turn into any robot does this. an ikea chair without having an emotional amount down. "fbn:am" starts right now. >> 5:01 a.m. in new york city. thursday, april 19th. i'm adam shapiro and for lauren simonetti. cheryl: good to see you here. good morning, everyone. i'm cheryl casone. a lot of breaking news to get to this morning. president trump morning he will walk away from the meeting with north korea and kim jong un does not produce results. >> as i think that it's a meeting that is not going to be fruitful, we are not going to go. if the meeting when i am there is not fruitful, i will respectfully leave the meeting. cheryl: the president made that comment would shouldn't gave last night. the night discussing issues for north korea to international trade. even the mueller investigation with the president referred to as a hoax. just as festivities appear to be wrapping up, president trump returned to the electric for the shouted questi