global markets in the last six or seven trading sessions europe on the downside, stock 600, s&p of europe nikkeip down 1% since november 6th russell 2,000. we've been talking about high yield always weak point. we asked our friends what happens when high yields declines 4% in a month we're not down there that far yet. the high yield index, those etfs declined 4%. usually follows them about % we're not there yet. this is a good indication high yield is an indicator of the appetite for risk in general more than just tax issues. we've talked about the change in tone in the market there's been progress on tax reform but it's not a home run flatter yield curve back for a lot of people, debates how serious we should take that. china data and middle east a little stew of things causing a small riskoff right now. here is the good news. despite six down days, we have rallied midday every single one of those days. take a look at s&p 500 this the last three days see the down open on monday, we rally midday down open on tuesday, rally midday you see the down open today and the same pattern this has now been

europe. the nikkei did very well led by sony. in europe, keep an eye on that. the fair values around europe are interesting. the dax called up by a full percent. it is playing catch-up after being off yesterday. euro stoxx 50 up by 7%. by aroundng catch-up .9%. those are your fair values into the european start. box,.he future's >> it is difficult to make headway. he then on that stock. next, the numbers. they do not look particularly favorable. keep an eye on budget telecom -- deutsche telekom. it looks like it is hanging by a thread at the moment. remember, they did not trade yesterday as a result of which you will see catch-up coming through into that one as well. that is going to be worth paying attention to as well. you have it. pay attention to what is happening there. we will continue to delve into the details. did better on its trading book as a result of its exposure in asia. standard chartered had a similar footprint story. so again, take a look at what is happening there. it looks like european stocks will be opening reasonably strongly this morning.

asian boards for you mostly higher, but nikkei down 0.2% europe a bit of red on the screen today essentiallylat, as you can see there. we are looking at slight declines so far this week. the best part of a percent or so for each of those three indices. oil prices for you, they're essentially flat they have had a good week up 2% week to date most of those gains came on monday following the saudi arabia "game of thrones" story oil prices this morning flat, 56.8 the price for wti the dollar board, even though yields have slipped stateside, we have not seen the dollar fall the dollar is not doing much today. it's a bit softer against the yen. 0.36% for the dollar >>> president trump continues his trip through asia today. the president addressed a group of business leaders in beijing and called out china for taking advantage of the united states >> both the united states and china will have a more prosperous future if we can achieve a level, economic playing field. right now unfortunately it is a very one-sided and unfair one, but -- but i don't blame china [ applause ] after all, who can blame a

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change in tone it's a global phenomenon the last six, seven trading sessions we have seen europe weaker japan, the nikkei weaker we have mentioned these high yield bonds or high yield etfs also generally weaker. here's what to look for. the important thing is every single day for the last six trading sessions we have opened down in the s&p. that hasn't happened in over a year each time in the middle of the day we have seen a rally and never closed at the lows right now, look at the s&p i would say if we close towards the lows which was 25.57 isd say that's a very bad sign got to close right here or higher or else the technicians are going to start squawking back to you. >> thank you very much shares of target are tanking about 9% the retailer disappointing investors for the holiday season hi courtney. >> that's right. investigators looking right past target's quarter to really beat on all of metrics and focusing on the cautious holiday outlook. when i sat down with the ceo here this minnesota, he said he was surprised with the reaction. >> we feel really good about our performance. the progress we have m

the nikkei up 1.5% down 1% yesterday. europe is bouncing back. yesterday the dax was down 1%.oday we're up about 0.5%. 0.6% for the continental european markets the ftse 100 is flat retail sales from the uk were down 0.3%. the consensus was down 0.5%. we just had eurozone cpi expected at 1.4 -- last time it came in at 1.4%, came in just below that, 1.3% let's look at the treasury board. yields have slid significantly in recent weeks. we ended on friday at 2.4%, well below that at 2.36% at the moment yesterday did see a pause in terms of that slide in the ten-year it's kind of paused again today because we were slower than this 2.36% on the ten-year. either way certainly seeing the yield curve flatten over the last couple of weeks the two-year has been ticking up oil prices slipped yesterday not as much as the prior day down about 0.6%. today down a bit 0.2% 55.2 the energy sector is the worst performing week to date on the s&p 500. dollar board did not slide yesterday as it had the prior day and earlier in the session, ended up flat. but this morning, as you can see, getting a

europe, stocks opened that day in red right now. that's down slightly as well as the cac. cheryl: japanese nikkeisident currently having dinner up slightly. cheryl: gop lawmakers say the tax bill was sent home prices higher, the real estate executives say home prices are going to be hammered. a closer look at that. "fbn:am" starts right now. train 25:33 a.m. in new york. train to good morning, everybody. i'm cheryl casone. the 10% hidden values, and then they get to come on the show is that home values will be lowered by 10% of the gop tax plan post there is a lot of americans not happy with tax. lauren: matters where you live. that's her with breaking news this morning. president trump and the first lady melania in beijing with live pictures of the event. president trump in a joint statement the president of china xi jinping. they announced an agreement on trade in north korea that all of this as chinese companies and commercial deals valued at $9 billion. the companies include boeing, general electric and qualcomm. >> we agreed not to replicate sales approaches of the past. we agreed on the nee

stocks in europe rising a little bit as the pound. lauren: japan's nikkei down 1.3%.ity falling half of 1%. trained to help alluded in india? united airlines stopping flights to india. "fbn:am" starts right now. 5:30 in new york monday, november 13th. geri: i'm gerri willis and for cheryl casone. i've never been to india, but the latest right now in the country is like smoking 44 cigarettes a day. lauren: so polluted to get in for the day and your face is covered in that. an airline is actually sane were having trouble finding. geri: you can even see the drive. worse than l.a. i guess. president trump on the final leg of his five nation asia tour to the philippines. meeting with president rodrigo duterte overseen a bloody drug war. >> a great relationship very successful. many meetings today with many leaders. the asean conference has been handled beautifully by the president of the philippines and representatives. geri: officials said the two leaders did not discuss human rights. as you know, duterte is a harsh critic of the obama administration. president trump on t

europe. the strength is in germany. dax apache%. trying to japan's nikkei up at a lower come of the rebound ended up with 76%. train for your new coworkers could be alexa and amazon pushing for businesses to use this assistant in the office. "fbn:am" starts right now. cheryl: 5:01 a.m. in new york. thursday, november 30th. lauren: good to see you appeared on lauren simonetti. cheryl: a lot of good news that the senate is putting it into gear. senate republican leaders to open the floor debate that there may be some changes at the textile to persuade the bigger gop holdouts. here's what they are considering whether to set the corporate tax rate about 20% to 21, maybe 22. another are unresolved issue, what to do with the state and local tavern detection. saint charles kucera yesterday rejected democrats claim that the tax bill would benefit the rich. >> this is going to cost me a fortune this thing, believe me. this is not good for me. i have some very wealthy friends not so happy with me. i keep hearing schumer say this is for the wealthy. if it is, my frien

in asia, the japanese nikkei closed at the highest level in 21 years. hong kon hit a nine-year high. in europe, germany, norway, and sweden also rose to historic highs. belgium, the netherlands, france are at a ten-year high. there's a clear global growth story going on. here in the u.s., tech had a monstrous month in october. the s&p was up 2%. it's a lopsided gain. it's all about technology, which was up nearly 8%. what's worse than that is the fact that five stocks were responsible for most of the gains. facebook, amazon, apple, google, and microsoft accounted for half of that 2% gain. without them, the s&p would only be up about 1%. for "nightly business report," i'm bob pisani at the new york stock exchange. >>> let's turn now to david levovitz for more on this global market rally and what it means for stocks in the u.s. he works at jpmorgan asset management. welcome back. >> thanks for having me. >> let's start with where bob pisani left off. he gave us the litany of markets either at record highs, near record highs, performing extremely well. does that mean globally assets are overvalue

nikkei up 0.7% another strong session for hang seng led by tencent. things in europe are looking soggy this morning a bit more sea of reds than yesterday. that points to the soggy open for the euro stocks index, almost down 0.2% this is in contrast to the price reaction we saw in stocks indices yesterday, despite the breakdown of german coalition talks. ftse a lager down 0.1% of course all eyes on the budget tomorrow, and what mr. hammond has to offer there today a couple members do speak at the treasury select committee. dax, soggy day, almost down 0.2% reacting to some of the news we got out of germany on the weekend. let's look at sectors. yesterday every single one of those sectors was in the green today looks like a bit more of a heavy trading day. autos in the lead, up 0.5% insurance up 0.2 one of the down sectors of the day is retail, 0.7 % to the down side construction material, basic materials struggling telecoms down 0.5% a lot of scrutiny from the news we got stateside about the department of justiceputting a lawsuit against the at&t takeover of time warner

interest rate increase from the bank of england we are expecting or averages in europe are lower, in asia overnight, nikkeirnight, gain of one half 1%, osama bin laden cia releasing documents during that raid that killed 9/11 mastermind details what he had in his home. then snoop dogg outrage standing over president trump's corpse on album cover black over snoop dogg make america k crypt diamonds best frnld jaw dropping price on new victoria's secret jaw you, 6,000 gems -- >> cake it off with top story, house republicans gear up to unveil tax reform bill a plan that president trump reportedly wants to call you a cut cut cut acting the commander in chief tweeted suggests about the tax legislation wouldn't it be great to rerepeal unfair unup popular individual pld in obamacare use both for further tax cuts for the middle class house and senate should are? asap as process final approval moves along push biggest tax cuts ever sarah huckabee sanders we had on on tweets during a news conference yesterday. >> in terms of the mandate we are focused on pushing through tax tax cuts tax reforms separately, about obvi

the nikkei rising more than 1%, plunging more than 1%, then finishing down just .2%. selling in europe, perhaps having more to do with earnings. there is concern about inflation around the globe and the tax debate in the united states. all of that combining to equal the declines that we have been seeing, the steepest here among the three major averages for the nasdaq. let's put this in perspective -- we have the s&p 500's daily percentage change at one point today down about .5% for the s&p, which you see over there. it was the biggest declines. the first time we have seen a decline of half a percent or more going back to december 5. streakuld be the longest without that magnitude of a drop since 1968. it has been unusual, that is why and i talk about it being all relative. when you look at the declines, it is useful to look at how broad they are, how steep for that matter. information technology down the most followed by industrials, materials, financials. a cyclically led downturn we are seen in stocks today. one group is looking more mixed to positive -- retail, interesting enough.

europe stocks opening higher. where the dutch shell's positive outlook. cheryl: in asia not all agree there. the nikkeian down slightly. costs begin to quarter of 1%. >> wal-mart and amazon and guess what you are the big winner. "fbn:am" begins right now. ♪ lauren: it is 531 on the dot. good morning, everybody thanks for joining us today lauren simonetti. cheryl: good morning. i'm lauren simonetti.cheryl casone. fighting for the consumer dollar. cheryl: was cheaper? wal-mart.com or amazon.com. i've always wondered that. cheryl: there's a lot happening today. president trump is set to meet with republican senators later today ahead of a senate vote on their version of the tax bill. yesterday met with key members of the senate finance committee. >> it will be the biggest tax reduction in the history of our country. it will bring jobs, a lot of them come into the country buying product, et cetera and i think it's going very well. >> the president meeting last night, thank you, ran after rand paul said he would support the bill. >> senator bob corker expressed concerns over the higher spending levels in th

nikkei is up and it's dragged some of the other markets higher, as well. europeixed session comes off a slightly positive session yesterday as you can see there germany is slightly higher, the uk in france slightly lower. energy stocks are outperforming following yesterday's 3% jump. just positive net-net overall with the dow and the s&p higher. the nasdaq is just below the flat line this morning among today's stocks to november on, tripadviser. the travel site generates revenue from advertising has been struggling with a faster than expected shift towards mobile devices it's down 9% the company is cutting its full year earnings outlook. the impact of three hurricanes to hit the u.s. and puerto rico in august and september. weight watchers third quarter results beat its third quarter outlook. the stock, trading at a record high has nearly quadrupled this year and it's up another 12.5% this morning still to come, top stories and roundup of the global action eangisa snapchat slowdown, brki h twitter silence to set the record straight. stay tuned all of that and muc

europe to do well. it has this perfect cocktail that japan has had and the nikkei has gotten the benefit of that.he german political situation sorted out, there is a reason to think equities can play catch-up. would an irish election be a reason to sell the pound? mark: i don't think so. i haven't been keeping up-to-date in my home wins domestic politics, -- in my homeland's the mystic politics. enough top-to-date know whether this situation with the deputy will force them to call elections early next year, but it is not going to come soon enough. they will have to make a decision on the land border and whether they will stop trade talks. --s is a bit of destruction a bit of a distraction. i don't think it is a good decision. this is a domestic story, but it doesn't change the dynamics of making that decision of brexit and the irish land border. guy: mark cudmore joining us out of singapore. analysis for smart through up-to-date on these markets. china will make further cuts to import taxes on a wide range of consumer goods. includinge tariffs babies, baby diapers, milk, blue cheese, coffee machi

europe stocks to pick that the lower fractionally. cac down higher pay one half of 1%. lauren: stocks rebounding. the nikkei in japan racing when put by% and the cost in south korea chaining half of 1%. turn into a painting by leonardo da vinci smashes all previous record and goes to an unknown buyer for $450 million. most expensive piece of art ever sold. "fbn:am" starts right now. lauren: 5:01 a.m. in new york. good morning. i went in the navy. drink your way gabriel and four cheryl casone. lauren: on to know who drive past a billion dollars on a piece of art this morning. house republicans are expected to pass their tax reform bill today and president trump is to speak ahead of the vote. 240 seats in the house. democrats have 194. democratic leaders holding a family against the republican plan. >> they throw a scrap to the middle class, provided banquet to the wealthy and corporate america. transform america in doing so. we will not let that happen. kill the bill. lauren: republicans optimistic it will pass in the house. this is that the president traded last night. white democrats fighting massive tax c

europe. let's check on the border markets. the asian equity session rally stalling after we saw the nikkei at its highest since 1992.ocks futur unchanged. for reflection. president trump is making another leg of his asia journey. he is in china. we have the dubai market pretty flat. given the context of a we have seen for the markets in that region to be flat. manus: that is the state of play in the markets. let's talk about the u.k. it was in our headlines. we have olaf van den heuvel still with us. looking at our mliv blog my imploding u.k. cabinet will not help equities. last week theresa may lost one cabinet member. and possibly to lose a second. one -- minister last week and may have to take action when she returns from africa where she -- where she is on a foreign trip. is imploding. what consequence would it be if we had an election, is alaskan -- election risk rising in the u.k.? olaf: since the last election it has been a higher risk. the is -- if you read recent events there is pressure mounting. the risk is rising. if it is useful or any help in negotiations i do not think so. the pressure is rising. anna

nikkei ended down by .6 of a percent. hang seng and shanghai were slightly higher. in europeing in some of the early trading as we look at the story of the german coalition bid failing, you still see some green arrows

europe. the reason we are concerned about the nikkei, the market is saying you better delivered to the senateecause if we do not have anything done by thanksgiving you going to december and you have an ugly situation. there is risk in this environment that the market woke up to. has said, i've been telling you guys. mark, do you agree, particularly with the dollar? mark: the tax deal has been priced in at this point, so what i think investors have been looking for is what are the other macro drivers happening behind the scenes. one thing i would add is i think what the market has been pivoting on is if we are moving away from the global inflation trade, which has been priced out over the last couple months, or are we moving back to the u.s. exceptionalism divergence trade, which is the u.s. economy looking better and equities are outperforming the rest of the indicators, but at the same time we have a strong u.s. dollar environment. what i think we see is based on the valuations and those drivers, i think where we are at is a pivot point and are longer-term view is we are going back toward re

have in the past you mentioned the global pullback europe has been in pullback mode for more than a week right now it's almost 5% off the highs the nikkeient up for two straight months vertically, more than 20% it's been giving a lot of that back this month. that's what everybody owns, what everybody has loved. you had that undertow along with the average stock in the u.s. underperforming and everybody focused on the flat curve. that gives you a flavor of retreat from risk. people very exposed to stocks coming into november there was no selling pressure all year, and what does that mean the markets went up and everybody owns a lot and everyone expected to skate into year end. i think that's an adjustment of risk appetites right now i don't think it's news driven it feels like march and august we had similar modest pullbacks in both of those months. >> maybe a lack of news, specifically on tax reform, at least for a couple days. the fact as you describe it, an undertow is led by the russell, which is largely domestic companies that are skewed towards those who are going to be affected by this tax package. do you think that's fair to say

europe. investors wait for more news on political turmoil in germany. turning to asia stocks moving higher in optimism about global growth. nikkei index up 24% of the shanghai jumping .59%. lauren: supply disruptions from the canadian pipeline. only love that 5780 a barrel. cheryl: president trump weighing in saying the deal is good for the country. "fbn:am" starts right now. lauren: happy thanksgiving eve. wednesday, november 22nd. good morning, everybody. and lauren simonetti. trade to good morning, everyone. i'm cheryl casone. happened in the pacific, and navy plane has crashed in the pacific. if the two greyhound kerry and 11 crew passengers crashed in the ocean on the way to the aircraft carrier. the uss ronald reagan operated in the philippines v. the defense ministry said eight have been found but it's unclear if they are alive. the seventh fleet said the statement of the search and rescue operation hunt and lunch from the carrier also saying the ship was operating in the philippines when the crash occurred before 3:00 p.m. japanese time. the names on board are withheld. for now they are working to notify next of kin and

europe we see one as well. stocks down between a quarter and 1%. stocks in asia under pressure as well print the nikkei down 1.6% and china's shanghai composite down over half of a percent. lea: mario and luigi heading to the big screen at one of the highest profile licensing deals by hollywood studio in years. remember that game? "fbn:am" starts right now. trying to top of the morning to you. and lea gabrielle and for cheryl casone right now. lauren: thank you for joining us. i'm lauren simonetti. raking us this morning. republicans are linking repealing the obamacare individual mandate to their tax reform bill. democrats are strongly criticizing the proposal. adam shapiro with details. >> good morning. today will begin at the new deal of the senate finance committee's tax reform bill and it includes the repeal of the obamacare individual mandate. they wouldn't have put that in there if they didn't think they have enough votes among republicans to get this passed when it sent to the full senate for a vote. democrats are saying this is a huge mistake and we heard from them tuesday. senators like ron wy

europe stocks opening the day higher. the ftse higher by 27. dax and germany higher by 106 22 points this morning. trying to japan's nikkei up by 20 thanks to sony's earnings and south korea kospi jumping on .3% buy samsung. "fbn:am" starts right now. lea: 5:01 a.m. in new york on wednesday, november 1st bid good morning. i am lea gabrielle in for lauren simonetti this morning. cheryl: im cheryl casone this morning. new york city waking up for new details of the deadliest terror attack. 29-year-old knowing down a crowded cyclist with the home depot track leaving a dead, 11 wounded. he targeted popular bike path we all know near the world trade center. in critical condition but expect it to survive after being shot in the abdomen by a fast acting police officer. he was holding fake guns shouting out to all ask our. he has a florida drivers license and was living recently in new jersey. he came to the u.s. legally from uzbekistan. he was also an roper driver for about six months, making more than 1400 trips. cheryl: looper of course removing him from the act. one of the many questions about the suspect this morning. it was

big household names, the nikkei 400, 25% of those companies have more than 100 subsidiaries, and many of them have more than 300. that is highly inefficient relative to europehat is an area where we are active and we are doing more around experiences with things like travel, health care. i was recently in china -- environment to me ranks as high as job growth in terms of government priorities. that will really drive behavior. which irivate credit, know is an area we hit on before, we are seeing more opportunity today in performing private credit really against where there are assets pledged against collateral. that could be housing, commercial construction, airplanes. as the banks are doing better, they want to sell some of their performing credit. we have been able to partner with them. that is active for us and europe. those are good, unless it returns -- those are good returns. up a percent or 9%, that is a healthy return. erik: let's rank this at 1, 2, 3. if you compare the outlook with valuations, where you getting paid to take risks? henry: in the corporate sector around spinouts. you're getting paid in performing private credit, and we are seeing int

injapan, the nikkei gained 0.2% extending its recovery from a near three—week intraday low hit on thursday. but it's still down 1.3% for the week, snapping its nine—week gaining streak. here in europelargest influence on markets all around the globe today is president trump's plans for a shake—up of the us tax system taking a step forward on thursday. he says they will boost the us economy — but critics on the democrat side call them a give—away to big business and the wealthy. samira hussain has the details. taxes — americans don't like paying them and most agree that the tax system is broken, but fixing it, well, that ain't easy. the president says he wants a tax system that's so easy you could file it on a postcard. now the republican party has control of the us congress and that means they could pass a new tax plan with just a simple majority. if there's anything that unifies republicans, it is tax reform. we have been looking for the opportunity to do this literally for years. the problem? republicans can't even agree on a tax plan amongst themselves. law—makers want to cut the number of tax brackets to four and cut backjust how much people can write off for having a mortgage.

europe," our flagship morning show here in london. manus: breaking news coming through, but first, the red headline. nikkeiloses at the highest level since 1992, and with that -- anna: japanese corporate's reporting toyota will buy back 1.5% of its shares for ¥260 billion. also giving of guidance for the full gear, lifting operating profit outlook. that guidance moving in the right direction. a decent year in the united states, their biggest market, helped by good sales of the u.s., by the weakness in the yen. that has been playing out across the industry. but they had to pay for it a little bit in the u.s. with higher incentive, which is why they were questioned about whether it would be upgraded guidance today. in the three months from september, toyota took a 15% share in the u.s. market, outsold ford every month in the quarter. that's part of the story. second-quarter numbers, net income higher against an estimate, but as always, it is the guide is that they give for the full year that attracts the most attention. looking back at those second-quarter numbers it seems as if they have come in, ahead of e

europe stocks open higher in the back of it grow bull commodity. ftse in london turning negative. cheryl: stocks headed 26 here i 26 year high. the nikkei at 1.7% as the shanghai composite of three quarters of a percent. lauren: samsung taking direct aim, but is it really worth waiting in line for hours? "fbn:am" starts right now. cheryl: no rain today. 5:01 a.m. in new york. tuesday, november 7th. i'm cheryl casone. lauren: lauren simonetti. don't wait for anything. cheryl: online ordering. a lot of breaking news. all eyes on north korea as president trump arrives on the continent. he's in south korea right now. during a joint statement, urging kim jong thank you, mr. chairman. to come to the bargaining table. >> i think we are make in progress, showing great strength. we have unparalleled strength. there has never been strength like it. i really believe it makes sense for north korea to come to the table and to make a deal good for the people of north korea and the people of the world. i do see certain movement, yes. let me what happens. if we get china, russia and we have some other countries but we want to get most of them, we think

nikkei index up by 7%. shanghai composite pass a percent. lauren: green arrows everywhere. lauren: one airline offering 99-dollar flights to europe. "fbn:am" starts right now. ♪ trained 25:01 a.m. in new york. november 21st. i'm cheryl casone. lauren: i lauren simonetti. news from the department of justice. cheryl: big news during the holiday week. breaking news this morning is the justice department filing a lawsuit to block the at&t takeover. the deal was leaked to higher cable bills for consumers and reduce competition. at&t says he doesn't understand the government's decision. >> i've done a lot of deals a lot of deals in my career, but i've never done one where we have disagreed with the department of justice so much i'm even the most basic facts. despite our disagreements, we have offered concrete answers agile solutions. cheryl: stevenson adding that any deal that calls for the sale of cnn is a nonstarter. this is the trump administration's first major antitrust case and it's a doozy. lauren: trial attorney missed emeritus joins us with more on this. good morning to you. so excited to talk to you this morning because he had

nikkei in japan which has been jumpy is basically flat. hang seng down 0.1%. south korea below the flat line. in europemarkets were higher but they cooled a bit. they are still to the upside over there a bit of a bounce move the euro stocks index, it's down more than 3% from highs it has been in pullback mode. the german dax, just a bit above the flat line. ftse, they had some inflation data coming in below expectations in the uk the market there also looking at very slim gains across the continent. >> as for the broader markets, let's look at where currencies are globally idollar 117 is where the euro against the dollar is. u.s./yen, 113.75 the pound showing some weakness, 1.30 shakiness on the brexia peak out of saudi arabia to the u.s you can see wti is down about a quarter percent. brent down a little bit less than that. nat gas for december deliveries do down 2.25% >> new ove default they owed roughly it20$200 milln in coupon payments, but failed to make those payments s&p downgraded the sovereign bond rating to "d" from double "c," and cut the sovereign credit rating to selective default. >>> hap

. >>> the nikkei still grinding out gains, up a half percent european trade, another big day yesterday for the dax. the rest of europep slightly it was really germany that yu outperformed yesterday today flat across the board. >>> as for the broader market picture. oil was the story yesterday surging to the highest level since january. energy stocks lit up the market but closing a bit lower. pulling back this morning. wti, 54.24 brent above 60 but weaker this morning. as for the currency market it's been a story of dollar strength lately. this morning that's reversing a bit against the euro and the yen, hovering around the 114 level. the pound is firmer ahead of the bank of england announcement where we expect higher interest rates. one and down, as wilfred said, just to deal with the inflation they're getting as a result of weaker currencies, brexit uncertainty. >> two factors were the extra cut coming in after the brexit vote as you say, inflation up to 3% but not seen as transforming the future path of the boe >> not like we're going into a cycle. >>> bitcoin, new highs today well above that $6500 mark that we saw

nikkei flattish, and south korea with the president right there up a little more than a quarter of a percent look over in europealso relatively modest moves steady markets slightly to the down side. notable mover there is france. some of the french banks are weighing on the indexes there. the ftse just below the flat line italy down a half of a percent spain down slightly left than that. >>> oil prices shot up in recent days they have been under pressure today and yesterday. wti down 0.2, but still above $57 per barrel you can see the climb there. we will talk about that and the saudi situation later. brent crude, 63.73, flat this morning. nat gas is down a percent. as for the u.s. dollar, the dollar was hovering near multi-month highs there. going the other way this morning. the dollar weaker against the yen, slipping below that 114 level. we were firmly above it yesterday. the dollar is weakening a bit against the euro, just below that key 116 level the pound weakened against the dollar gold prices on the flip side, usually higher off the back of the weaker dollar, and they are. >>> your top corporate story,

quarante in paris down almost 1% dax in germany economic data off the europe as well as asia, let's check markets overnight a mixed story, nikkeitter than 1% major step forward president trump is in manila, the final stop on tour throughout asia commander in chief took opportunity to out to the work the administration has done, on trade deals in the region. >> we will be announcing for the most part, things -- make from it the white house. as opposed to -- do that on wednesday we have made some very big steps with respect to to trade far bigger than anything you know, in addition to about 300 billion in sales to various companies including china, that was 250 billion going up for substantial from that, a lot of big -- >> the president tweeted on meeting this morning what he says from manila great day bilateral meetings asean summit on trade turning around for great deals for our country leaving philippines tomorrow after many days skwabt meetings work in order to make america great my promises rapidly being if you will fulfilled will make a major trade announcement from the white house this wednesday following his return to was

europe and we are seeing it overnight. greece got hit hard and the softer.rket traded the new zealand dollar cannot catch a break trading down .601%. ,e have seen the nikkeialling stabilization is significant. take a look at what is happening in the indian bond market. what is happening in the chinese bond market. both of those significant and the oil story to factor in. let's look at what is happening in the bond markets and commodity space. .9 of 1% but that is not what we are seeing elsewhere. the india five-year, a big move. take a look at the 10 year, it is a big move for and it gathers pace. what does that tell us about global cpi, growth, about the global effects that these two major markets are going to have? we will discuss that shortly. let's get a bloomberg first word news update. ed: in the u.s. the chief house tax writer said he is confident the chamber has enough republican votes to pass the tax legislation. he does not anticipate major changes. the white house says president trump will speak about taxes at a full conference of house republicans on thursday morning. kevin brady joins us at 6:00 p.m. u.k. time. republican senate candidate roy

the nikkei is closed today for culture day in japan as you can see, we had the shanghai down, that's the outlier, down 0.3% let's move on to europeyesterday europe was mostly negative the pound suffering its biggest one-day fall against the dollar since june after that bank of england interest rate rise for the fist time in morst time in decade >> the only way to stop the nikkei run is to close the market for a day so it's flat instead of up. oil prices have had another good week up 0.5% yesterday for the week up about a percent or so before today. so adding another 0.7% of gains today. 54.9 for wti dollar board for you, we did see the dollar up a little yesterday. that was more because of the pound's big fall, down more than a percent. elsewhere essentially flat it's essentially flat again today. no move against the yen, no move against the euro or the pound either gold prices for you, flat yesterday, down slightly today up about half a percent for the week as a whole. 1276 the price of gold. >>> the october employment report will be out at 8:00 a.m. eastern. non-farm payrolls are expected to rise 315,000, following a 33,000 dec

europe monitoring central bankers including thatcher janet yellen. european markets and the positive endocrine. lauren: in asia, disappointing is that of china kept the lid on stocks. shanghai composite down half of 1%. the nikkei in japan unchanged. geri: shares of buffalo wild wings 30% after a company bought up the chicken wing chain for $2 billion. "fbn:am" starts right now. ♪ lauren: 5:01 a.m. in new york. tuesday, 14th of november. thank you for joining us. i'm lauren simonetti. geri: and gerri willis in for cheryl casone. good to be along for the ride. lauren: president trump on his way back to the white house after his five nation asia tour. traders of the major topics during his visits to japan, south korea, japan and the philippines. >> we've had a tremendously successful trip. tremendous amounts of work done on trade, not only on the dl and we have at least $300 million, but that will be triple that number in a fairly short period of time. more importantly, we've explained that the united states is open for trade, but we want fair trade for the united states. lauren: one of his main messages is a 12 day trip. the president treated this. i'll be making a major. time and date to be sad. he's expected t

japan and europe are muddling along right now even though their stock markets are on fire. the nikkei and especially the german dax are at all-time highs. where do you see the better opportunity, especially with this change in leadership at the federal reserve? >> well, i mean, i think a lot of it similar to what we saw here if you look over the past two years, the fed was moving more based on what asset prices were doing than what inflation was doing. i think we're seeing that some over in europe, some in japan, they're starting to have assets climb as well. no, they're not raising rates but they're definitely starting to taper we see that with bank of england this morning here they gave outlook that was not very promising, but yet they went ahead and raised rates. kind of similar to our one and done that we did in 2015 and in 2016 so i think they're looking at the sasset values, driving a lo of what they're doing and allow v investors to see the best place to put their money to work if we have 3% growth people are talking about, we had gdp that came in, had the productivity higher,

let me show you what is going on 20-year high with the nikkei and strong pro-growth gompments ver and japan. vietnam, nine-year high. look at europe historic highs in germany today, in norway and in sweden as well. ten-year highs in belgium and netherlands and france as well broad european indices etfs are at two-year highs stocks at 600, sort of like the s&p 500 in europe. that's a two-year high ftse, also a two-year high and earnings are doing okay in europe they are not as great as they are in the united states the stock 600 is like the s&p 500 of europe. they are up 3.5% on earnings not as good as we are but still pretty good. we have very good numbers in italy, portugal, the uk and belgian. their companies are doing well over there let's review, why is the global market doing so well number one is the economic expansion. number two is improved earnings globally which goes along with that, obviously. here in the u.s., we have moderate fit leadership with powell tax doing well as well a lot of earnings to point out metal to mining stocks are doing well blowout numbers from u.s. steel. it's dragging the sector along with it. mon

nikkei down .8%. hang sang slightly weaker. mainland china is stronger, headlines about a new ability to invest in the banks and south korea giving up a bit. not dramatic moves, but cautious europeyesterday to the downside coming into the u.s. session, germany was down a percent in a half at the end >> yes >> yegermany is down and francei down after smaller losses. >> the broader market picture, oil prices have been stronger overall for the last month or so pti crude is up this morning a little more than a tenth of a per cent brent crude up almost a half percent. nat gas pops the dollar is heading for the weakest week it had been perking up, near a four-month high. that goes back, following yields lower and the overall pullback and lowered expectations for tax reform this morning, the dollar is weaker against the japanese yen, 113.42 unchanged against the pound. gold prices, not much of a bid for gold show you on the back of the bigger value, gold is down >>> the senate gop announcing the tax plan and the house has its own version. they are both advancing their bills, which are very different. >> they are. they got over big hurdles, but a lot of potholes remain here. in the sena

europe, major indices under selling pressure 24r50k ft 100 cac quarante. dax index down fractionally, in asia overnight, pretty much stocks on upside mostly higher the close nikkeihe standout, that was up 1, 3/4%, m&a frenzy broad coma unsolicited bid to acquire qualcomm largest technical take over ever how any deal could change landscape congress congress um, grossly negligentlies words former fbi director jim comey reported suffered a that strong opinion of hillary clinton decision to have a private e-mail server he changed it outrage over decision to soften language all those coming up joining me dagen mcdowell kelly and company managing partner, brian, great so -- >> good morning. >> good morning. >> great show i mean if you are grossly negligent got to recommend intooimedictment. >> or son of language. >> not a criminal -- >> call it a matter. >> chatting about grandkids on tarmac, 120 degree heat he -- >> that was funny. >> joining the conversation legislative affairs marc short with us, down and dirty on tax plan i details there, fox news military analyst general jack keane with us this morning stuart varney will weigh as in well big hour don't miss a mom

europe. let's get a check of markets. 30 minutes to the lunch break in hong kong. tokyo, some swings with the nikkeire. shares remain under pressure amid chinese regulators halting approvals of mutual funds that invest in hong kong equities. authorities are likely aiming to prevent financial risk by discouraging investors from putting all their eggs in one basket. inancials of tracking banks underinese pressure after the regulator couldedly said penalties be possible. by kospi being led higher property and discretion stocks. investors are able to contain it against the kospi's moves today. easing for the industry as the government added measures to contain household debt. on the back foot today with most asian currencies today. the dollar little change with tax debate this week. the central bank seen tightening this mee week. currency, they weakening anticipated in the second quarter of 2018 as export growth has forecast to slow. , slippingk at the won chinese tenure bond yields. we are light on eco-data, but looking ahead to data this week. a mixed bag when it comes to the session and china, stocks

nikkei closed up by 1.5% hang seng was up by 0.6% shanghai was flat. in europeat least at this early trading hour, there are green arrows across the board. barely hanging on for the ftse the dax and cac each up by better than 0.6% looking at crude oil prices, at least right now, crude oil looks like it's down 7 cents 55.26. >>> couple big stories we're watching, mattel has rejected a takeover approach from rival hasbro reuters reporting that mattel believes the offer undervalues the company and doesn't take into account the potential for regulators to rejected the deal on antitrust grounds reports saying mattel's new ceo who took over in february may be trying to drive a harder bargain in talks with hasbro the company cut its full-year revenue outlook. you are looking at both of those stocks now >>> time inc is reportedly restarting talks to sell itself to publisher and broadcaster meredith corporation the deal backed by charles and david koch the koch brothers are part of this their plan to invest more than 5$500 million into the combined company as part of thi

nikkei ended down by .6 of a percent. hang seng and shanghai were slightly higher. in europe this morning in some of the early trading as we look at the story of the german coalition bid failing, you still see some green arrows there. the dax in germany up by .2. the cac in france is up by a quarter percentage point the ftse is flat crude oil ended down by about 19 cents for the week last week this morning it's down another 17 cents to 56.38. >>> a couple big stories we're watching geopolitics. german's chancellor angela merkel said efforts to form a coalition government has failed. merkel has been working for more than a month to work with the, quote, free democrats and the greens after losing ground to a far right party in the september election if a coalition cannot be formed merkel could form a minority government or call for a new election you're looking at the euro down. big questions about what's going to happen in that country. >>> also, in corporate news, marvell technology is reportedly nearing a deal to buy chip maker cavium for $6 billion. it's going to create a b

opened half a day, stock market closing, in europe look at what is happening, a slight loss on the s&p in england. asia gains across the board, shanghai, the nikkei, hong kong and south korea. new details in that uber hack. accompany's new ceo was made aware of the attack shortly after he started in september. it wasn't made public until this week, the fallout as uber weights on a major investment. colin kaepernick sparking controversy that has nothing to do with football. his on thanksgiving message. tesla's new semitruck opened for orders, reservation site is live, find out how much this all electric big rig will cost. angry birds taking a dive. the maker of the popular game reporting unexpected loss in the most recent quarter, shares are sinking, all that coming up this morning, vision for from the distributor, trading partners chief strategist michael block and read mucin political analyst amy holmes, happy thanksgiving to all of you. >> great to be here. dagen: mike always -- i missed you, i was running late. >> recipe malcolm young, ac/dc this morning. dagen: a friend of mine's thanksgiving celebration, and speaking -- delicious food and so

nikkei ended up just slightly. up by 27 points. the hang seng by a half percentage point in europe this morning, with some of the early trading, it looks like the dax is up by 0.3% the cac in france up bay half percentage point stocks are slightly weaker in london, but italian and spanish stocks are in the green. also look at crude oil prices. crude jumping on wednesday by 2.1%, setting a 2.5-year high. it was sitting at 58.02. this morning we're up again, 63 cents higher to 58.65. a couple of corporate stories we're watching teva pharmaceuticals will lay off thousands of employees in israel and the united states they will be reportedly sending termination letters to 10% of its 10,000 employees earlier this month we heard teva said it would be missing its 2017 profit forecast due to falling prices of generics in the u.s. market and weakened sales of its multiple sclerosis drug a danish executive was appointed to the ceo role in september >>> new details out yesterday about uber's massive data breach the company said it discussed the breach with soft bank before it went public with the details on tuesday uber said it had a duty to discl

third of a percent, in europe, major averages lower about cross-examination sp 100 cac quarante down, dax down 1%, about asia overnight lower across the board worst performer japan nikkeipercent ekes tensions china to send a special envoy to north korea following president trump's visit to the region, details ahead of the commander in chief's major announcements on issue, from the white house, tomorrow. big news in china this morning, plus playing the border ball game cars against humanity plans to stop president trump's big plans for southern board with players help, then merry christmas -- ♪ ♪ it is beginning to look a lot like christmas. >> there is -- >> ♪ ♪ . >> yes, the plaza wants to get home alone fans legislators the in new york the largered unluxury hotel offering full experience over the top ice cream limo, the city, the plans for the iconic films 25th anniversary all those stories joining me fox business network gerri willis kevin kelly "the wall street journal" assistant editorial editor james freeman greatly to see you. good to be here beginning to look like christmas for u.s. workers, economy tax cuts bigger, more than half sold -- >> i marry you talking

you can see the nikkei ended slightly lower, down by 23 points hang seng off by 86. shanghai was up, but just barely in europewith withe trading action we've seen happening, things are flat to mixed there the bigger loser is the cac in france stocks are weaker in italy and in spain crude oil prices, crude yesterday during the trading session hit a two-year high. it pulled back and enden down. this morning giving back another 13 cents >>> here's what's going on the big story, shares of snap, they are sinking in a very big way after the company posted a third quarter revenue miss they posted a also of 14 cents per share, better than estimate base penny daily active users came in at 178 million people, falling short of the 182 million that had been forecast. >> the one thing we have heard over the years is that snapchat is difficult to understand or hard to use. our team has been working on responding to this feedback. as a result, we are currently redesigning our application to make it easier to use. >> that stock is down now in the premarket by over 20%. >> we should talk about this it looks like we're hearing

europe the major indices look like this morning. mixed story mostly to the downside. ftse is up a fraction. cac quarante and dax index lower. nikkei average down a fraction as was hang seng in hong kong. investors are watching corporate results. earning season is whining down. humana, roku, monster, 21st century fox. mgm resorts as well. a new study is out with the best places to retire and the top location may surprise you. twitter doubling down by doubling up. all users will now have 280 character limit. president trump is already taking advantage of it. we will talk about that. one year ago today donald trump surprised the united states with an election victory over hillary clinton. >> we are going to get to work immediately for the american people and we are going to be doing a job that hopefully you'll be so proud of your president, you'll be so proud, again, it's my honor, it was an amazing evening, it's been an amazing two-year period and i love this country. [cheers and applause] >> thank you, thank you very much. maria: president trump has maintained his campaign promises chattering the status quo in washington and he led

in europe this morning major indices higher with the exception of ftse in london, cac quarante and dax pretty strong this morning. in asia fractional moves, nikkei up as shanghai composite in china. monica lewinsky and calling out the network. including our minds, how his company plans to separate the social from the media going forward. the king leaves the court, lebron james ejected from a game for the first time in his career, the foul that got his tossed coming up. talk about a bun in the oven, domino wills come out with a new product and we will get that to you, all that this morning, stay with us on that. we want to get to breaking news of the morning right now and, of course, "the new york times" is reporting that matt lauer has been fired. this is a treat from jim, nbc matt lauer fired, inappropriate workplace behavior, there was complaint from colleague about inappropriate sexual behavior in the workplace by matt lauer. this is all we have right now. from the new york times this morning just hitting the tape. i want to bring in former white house press secretary sean spicer. >> you bet, good morning, maria. maria: harvey weinstein and t

europe major averages look like this, it is a mixed story. the s&p down a fraction, the cac quarante index index up a fraction. in asia mixed performance, the nikkei average and hang saying, shanghai and cosby lower. out of philadelphia, 20 people are injured as a massive blaze and golfs a senior living facility. the latest as authorities searched for a cause. how frank and under fire accused of groping and kissing a woman on a uso tour in 2006. retail once again in focus. big gains, foot locker and abercrombie and fitch as a new name enters the fray fixing the ipo coming up. the da vinci code, the brush with controversial authenticity of the $450 million painting sold at auction is brought into question. those stories in -- dagan mcdowell is back. kevin kelly and kings college economics professor brian brentberg. you have the best show on tv. dagen: i have listened to a lot of garbage on other networks and it is the smartest conversation morning, noon or night. maria: you are there, good to have you back. dagen: happy birthday, mom. may make maria: and our executive producer. >> extremely important. dagen: all women are important. >> i met one. m