we were talk about the ifo, a tad disappointing. euro/dollar is down 0.1% just below that 1.22 mark. 1.2193 the theme is one of dollar strength today you can see that expressed in dollar/yen as well almost up to 109 108.85 cnbc we did speak to kuroda over the weekend, he emphasized the need for more accommodative policies no doubt that is having an impact cable is down below 1.40, trading at 1.3925. again, dollar swiss is also a bit stronger it's a big data week as far as europe is concerned. ecb is coming up even now on the ifo, there's weakness of data the piqmi numbers are slowing down it looks like in germany the situation is no different for the time being >> we're hearing from german corporates about german headwinds. we're seeing that on firms like s.a.p. bill mcdermott talking about that this morning. something to watch when you talk about some of these corporate stories, to see what that dollar strength is having on some of these numbers. >> speaking of ifo, the president of the ifo institute joins us now on the line before

donald trump, ifo you want t talk about american domestic politics, you should do thatnd leave mexico out of it. he may lose his job in the july 1 mexican presidential election because of the american politics here. >> to susan's point, this crisis wasn't just brought to us by fox news but also by the president's friends and allies who were in his ear a mar-a-lago next -- last weekend.s fo like shapiro, sean hannity. told that the base was growing impatient and softening with the president's perceivedn giving i on immigration. remember, he signed that omnibus bill that didn't have funding for the wall. >> by the way, mexico is not going to pay for the wall.: robe are congressional republicans going to back up and change their tune to immigration or would they rather sell the tax cut? >> i think thaveped ramp sell the tax cut. i think there's still confusion out what type of immigration plan would pass congress the white house would sign off on and at this point there's the loomin deadline. >> the real problem the president has is that the people whoim electedn 2016 are not going to de

pastor jeffers, happy easter ifo you and your family. >> thank you. eric: happy easter.s going to be exciting later on tonight. got to keep your eyes on the sky because a defuncts space station is going to reenter the atmosphere and crash into earth. when and where, nobody knows that. we'll break down the most likely sphwhair yoscenarios of where tg could hit. eric: well it sounds like a science fiction movie, the defuncts space station could fall out of the sky at me moment. could hit pretty much anywhere but the problem is they don't know exactly precisely where or when this is all going to happen. so brian llenas, save it please. how bad is this? >> there's so much unpredictability partly because of the bus-size space station is tumbling and spinning al 17,500 miles per hour. since the last time i spoke to you four and a half hour ago, it's traveled around earth three times. they predict that it will crash tonight or early tomorrow morning. the aerospace predicts it will come down 8:18 eastern time, give or take two hours. china's first space station stopped respondin

. >>> the german economy will grow 2.2% in 2018 according to germany's ifo institute which raised its growth forecast from its autumn outlook the group also lifted the forecast for 2019 but said "the air is getting thinner as unused capacities are shrinking." let's look at the european markets as they open we can see more grown across the board there. the euro as well there the markets, you can see the green on the board, the stoxx 600 is up very, very slightly so far this morning we look atthe individual markets as well, the ftse 100 up 0.5% the cac 40 up more than 0.10%. in italy also a similar story. in germany, down 0.20% you can see what's driving some of those numbers media sector up two-thirds of a percent. if you look at household goods, by far the laggard down two-thirds of a percent. it's been a big day for earnings in europe nestle has posted stronger than expected sales organic sales growth rose 2.8% in the first quarter, up 1.9% from the final quarter of 2017 the swiss food giant confirmed guidance for 2018. it says it is on track to meet midterm and year-end targets the

he was incredibly helpful to me and bringing my more creative nonfiction focusing on the women ifo version to light. i was very grateful for that. i think we had time for one more question. >> you've mentioned throughout the conversation that the histories have been forgotten and rediscovered. what have you found that has worked in the paste i think obviously in my case these women were unwitting scientific pioneers. it wasn't a case of picking that up. what i will say these histories are there there just waiting for someone to listen. so all the records were there. they were grateful that someone was finally interested in their relatives.. what i would say if there's not any buddy rates out there. one hundred positions t that they wanted to fill initially for these women it wasn't hard to find women who wanted to do it. there had to be a welcoming atmosphere. and that's what they're saying today about science and technology. a lot of interesting women who would love to do this kind of work. p welcoming them i think is a lot of what it's about. half of the men in world war i volunteered. a

pmi and the german ifo survey have also disappointed this coupled with severe weather in recent weeks is leading some analysts to reduce forekas for the fir forecasts for the first quarter gdp due next week. i want to talk about ecb but also the color of mario draghi's tie. you're going for the bold red. >> i'm feeling purple. i'm in the red, but feeling purple you know, he likes the purple tie. there you go evidence and i have a feeling it could be a purple tie again today those who have much better data analysis than me on this are talking blue, because he has not worn blue in a wlihile and it could be that kind of day. what is the ecb's mandate -- >> inflation >> inflation let's throw growth into the mix. of late, mario draghi has taken great pleasure in seeing the improvement in some data trends we've seen in europe at this point are those data trends weakening if they are, and we still don't have evidence that the ecb managed to generate inflation, do we need to be asking mr. mario draghi a different kind of question about whether this mandate is the right one i would just throw

i don't want to harden ourselves anticipate other before that time, but more than glad to mens ifo other come that is what people want to do. yes, sir. >> mr. chair, i will be brief. not about policy difference. i have voted for plenty of this administration that have difference in policy pompeooted for director to be head of the a bass i think he is very suited. but just like i don't want to vote for antiscience people to be the head of science agencies people to beion head of education agencies i don't want to vote for people are anti-diplomatic. iran deal. opposed one cho who said we don't need to worry about doing the deal it is only going take 2,000 bombing reasons to whoop out iran's nuclear capacity and only know of one said that. it was congressman pompeo then to find a lunge mate reason opposed to the evening ems in eye reason and korea. i know they should be u.s. policy to change those regimes. this is the chief diplomat. urged us to back out of u.s. dip poe mattic and the iran deal. the armed services committee. we have secretary mattis who i we all respect sitting at a table

what we see in equities is part ifo and just part insanity, you will. the other two markets are generally i do not equate the fx guys as part -- as smart as the mixed income guys. both of those markets are taking this in stride looking at this as almost of a negotiation as opposed to a reality. alix: that is what i feel like yesterday we should of paid attention to was the lack of reaction in treasuries. if we had listened to that, you would have been buying futures at lows. lisa: you saw gains in for example, boeing bonds at a time when the stocks were getting slammed. i think there's a broader takeaway and it calls into question the broader market structure right now. an incredible amount of money has gone into private debt and private securities that are not easily traded. you have to wonder how much stocks have become the goto liquid instrument to how much they could potentially swing as people look for a way to hedge potential exposure. this is something i find really interesting, what does this mean about the structure of today's market? david: it