cnbc's kelly evans joins us with all the details. good evening, kelly. >> larry, good evening, from down here at the stock exchange where you practically would expect streamers and champagne. the kind of day we had to put in in context, the likes of bill gross saying he sees stocks up 5% for the year, we did 60% of that in the first trading day. a lot of people are pointing to this that there could be many better things to come than just 5% in stocks. we saw the best start to the year, at least in percentage terms for the major indexes since 2009. the russell 2,000, by the way, doesn't usually get the headlines but it hit a record high. the global dow is at a 52-week high. germany's dax powered to a five-year high. the ftse 100 in britain was surging. why? because across the globe, investors were assured that it wouldn't be hurt more by fiscal entrenchment. we know in a couple months time, we're going to be at the renegotiations over the debt ceiling. if it looks like the gop is going to demand serious spending cuts as part of this re

. >> i'm kelly evans in london. these are your headlines from around the world -- british prime minister david cameron promises to hold a referendum on the e.u. warning that a concession for the democratic leadership is wafer thin. >> if we don't address these challenges, the danger is that europe will fail and the british people will drift toward the exit. >>> google could light a fire under u.s. markets today as the giant's fourth quarter profits top forecasts on higher ad revenues. >>> and here in davos, bank ceos fight back against regulators in an exclusive cnbc debate, apologizing to scandals of the past but defiant it the role of the industry. >> i think there's so much misinformation out there that's used aggressively by people for their own purposes. we provide a service to you. we make a little money every time we do it. that's what happens. >>> and ceo confidence down for a third year in a row according to a survey here. despite markets hitting multiyear highs with lack of decisions in the u.s. weighing o

kelly evans is going to stay with us for the rest of the show. and we will go back to washington for updates on the fiscal cliff. we'll see, i'm larry kudlow. stay with us. kick off 2013 with style. people and industries and million dollars rackets. the new year's day marathon on cnbc. 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment in

i'm ross westgate in davos. >> and i'm kelly evans. we are waiting for the uk fourth quarter gdp figures. we can tell you that here we're getting the numbers through. and if i can just pull up the data now. a much deeper than expected decline. uk preliminary fourth quarter gdp shows a contraction of 0.3% on the quarter. this is not annualized. the annualized rate would put that at something better than 1%. 0.3% on the quarter. it was exactly national from a year earlier. that's larger than what was expected which was a drop of 1% which is a bigger economy by 3 cents from a year earlier. industrial production, construction was small, services were flat. mining and quarrying posted a drop of minus 10%. that was its biggest fall on record. so there may be a one off factor played here. government services, fell 0.1%. interegly, that rlects gi back from third quarter olympic cket sales. so if you were to take out potentially that decline of 0.7% and the 10% drop in mining and quarrying, that figure probably would have looked better. neverth

. >> and i'm kelly evans. >> rio tinto shocks the market. the mining giant reveals it will book a $14 impairment charge. >>> and boeing hits more turbulence. this as top rival airbus gets set to report its commercial results within the hour. >>> the biggest retailer in paris talked about sales improving in the fourth quarter because of strength in its two biggest hkts. >>> and bank of america and citigroup will report earnings in the u.s. with mortgage lows expected to weigh on results. >>> hello and welcome to today's "worldwide exchange." plenty to get to on the corporate front. maybe things are getting better. >> so much corporate thus. much less of the european central bank crystal ball action. we'll get to all of on those stories. we're going all over the world to bring them to you. rio tinto's ceo steps down ask we'll ask whether the miner's mozambique actions are to blame for his sudden exit. >>> boeing is set to report 2012 orders. >>> here in london, we'll take you from the luxury road to the high street with december sales in focus

and i'm kelly evans. these are your headlines from around the world. >> heavy metal profits brings the first u.s. company out of the gate with earnings season. but results will continue to be pressured by weak demand. >> samsung electronics operates a fifth straight quarter, but sales flip. >>> and government is on track for the austerity measures as angela merkel gives up -- for election. >>> and aig just finished off paying off its massive bailout, but the company is now weighing on whether to sue the u.s. government over that very rescue. >> now 2013. >> it's been so long. how long has it been? >> months. >> better make the most of it, though. >> two days. >> yeah. two days. >> then it's onward. >> anyway, look, we're here. i still don't know what time zone and country i'm in. >> there was snow, right? >> there was. it was beautiful. >> on today's show, we hone in on samsung in seoul. i'm all frufterred because you're back. the electronic giant will expand its lead over apple this year. >> and we've go

. >> i'm kelly evans. these are your headlines from around the world. >> spain sees a bigger than expected gdp decline in the fourth quarter. one of the most indebted regions asking madrid for more than nine million euros. >>> roche strides lower after posting solid earnings on strong sales of its cancer medicine. analysts warn about the loss of exclusive rights to a key chemotherapy drug. >>> game over for super mario and friend to turn a profit. nintendo unexpectedly swings to its full-year forecast to a loss showing a poor uptake for its wii u consoles. >>> see you in september. australia's prime minister sets a surprise election date saying it will create certainty for business. >>> okay. welcome to today's program. and you know, we spent all that time waiting for five. today it's about the ten. >> how long did it take you to come up with that? >> about ten seconds ago. >> very good. we're talking about mobile phones. >> yeah. >> do you think people can guess we're talking about the iphone 5. you're wa

i'm kelly evans. >>> and i'm ross westgate. these are your headlines from around the world. >> slowdown in germany wore worse than expected. annual gdp came in at 4.7%. >>> urging for actions, president obama and tim geithner say congress must raise the debt ceiling or cause irreparable damage to the u.s. economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2

i'm kelly evans. president obama lays out a liberal vision for his second term during his inaugural address. >>> the bank of japan steps up easing agenda under heavy pressure doubling its inflation target and promising fed style open ended qe starting next year. >>> and this is the new face of the euro he group. finance ministers name dutchman yaselbloom as their mr. euro. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> yet more signs that the contraction in the german economy is perhaps bottoming out, slowing. the zew is out showing its highest levels since may 2010. the headlines, 31.5, if i'm reading this right, compared with an expectation of 12 and a reading under 7 in december. this gives them criticism for reflecting prevailing market attitudes because of the survey of investors. nevertheless, economics for germany have brightened according to the zew institute. current conditions less of an increase, up from 5.7%. let's get out to julia

. >> i'm kelly evans. these are your headlines -- >> two japanese airlines ground their 787s after a dreamliner makes an emergency landing. transport officials worldwide step up scrutiny as boeing's safety troubles escalate. >>> a helicopter crashes in central london. cnbc confirms it happened in the south of the capital. >>> and auto stocks take a hit after europe logged a 17-year low in new car registrations in 2012. down 16% in december alone. >>> it will be a big day for bank earnings in the u.s. reports due out from jpmorgan and goldman sachs before the opening bell. >>> all right. it's the middle of the week here on "worldwide exchange." we come to you with reports of a helicopter crash in london south of the river, vauxhall. we know emergency services are attending the situation at the moment. apparently the helicopter had just the pilot in it. there may well be others involved on the ground. >> what do you know about the area? >> it's very close to -- close to where the new u.s. embassy is going to

kelly evans is here with us on set.d he was out, and you said i can't wait to go. >> i'll be there tonight. the annual meeting, we jokingly were calling it nerd super bowl. but it is the one place where you always want to watch these meetings and sort of where people's attention on or what it's focused on. it will tell you like ngdp forecasting or what's about to be coming up to the policy foreground. i am excited. >> what are you looking at with all these numbers? people say with sandy and everything, it's going to be hard to figure out what's real and what's not. >> true. although the labor department did say there was no sandy effect. won't necessarily be as much to look for this time around. i think the real question is just how much did the sentiment shock translate into actual job destruction or lack of job creation or whatever. if you go back to august 2011. that's when we saw the philly fed drop to minus 30, we saw the debt ceiling negotiation. but the actual damage to the economy was pretty limited. the so ques

i'm kelly evans in loppendon. >> and i'm ross westgate in davos where this morning, the new barclay's ceo told us exclusively the banks need to focus on cuts, on costs, and they're focusing on this area, but they have made mistakes in the past. and we've seen china pmi at a two-year high for the first month of this year. but we have a guest coming up who thinks the focus will soon be switching not from the lack of growth but perhaps to too much. >> now, apple, meanwhile, losing its shine. shares down 10% in after hours trade after the company reports disappointing first quarter werings, ramping up concerns about demand for its products. >>> and eurozone pmis and french business activity shrinks more than expected while germany continues to stream ahead. >>> now, ross westgate is in davos. i'm here in london. ross, it's a little bit warmer where i am today. >> yeah. well, it's starting to warm up here, as well. we've got a lot of great people to talk to. and look, there's a lot of great gossip yesterday, as well, going on. we talked to -- maria is going to join us. we will talk about t

. >> and i'm kelly evans. these are your headlines from around the world. >> costly cleanup, deutsche posts a bigger than expected fourth quarter loss. santander's profit dropped as it sheds real estate assets. >> a different story in japan where the stock market rally helped boost things in the third quarter. nomura's financial profit is up ten fold. >>> earnings fall short of expectations, astrazeneca warns of a tough year. >>> and boeing is sticking to the flight plan as its outlook rises. >>> all right. welcome to today's super thursday. >> i was going to say, if you thought the super bowl didn't come until sunday, you clearly are looking at the wrong kind of event. the financial markets, it's all happening today. tons of earnings. >> and jobless just.posted according to the labor office, the jobless change according to the reuters forecast was to increase by 8,000. >> the unemployment rate, i believe, improved in january. >> 6.8% versus 6.9% in december. the unemployment rate coming down and there were le

if you're just tuning in, i'm kelly evans. >> and i'm ross westgate. here are your headlines from around the world. >> if fed kicks off a two-day policy meeting. the central bank isn't expected to make any major policy changes. >>> investors decide on co-founder's planned board shake yumm. investors advised shareholders to vote against all the changes. >>> yahoo!'s shares rise after reporting better-than-expected earnings boosted by higher ad revenue. >>> and retail sales in spain plunge in december. the prime minister preparing for stimulus measures to relieve the pain of austerity. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> well, these chips have been very deceiving for the last couple of days. yesterday they were in the green even though taking pair value in account. we were pointed to head lower today. it's the opposite story. they're showing red, but we're poised to open higher about 10 points for the dow jones industrial 500. the nasdaq looking to open a little lower. the s&p 500 just

he i'm kelly evans and these are your headlines from around the world. social democrats take control of the house and the eu is forced out of power in lower saxony. plus, optimism by the u.s. as republicans attempt to break the budget stalemate in congress. investors pulling back in japan as the boj begins its two-day meeting that's widely expected to back more easing and a new 2% inflation target. >>> and heavy snow bringing travel across northern europe. hundreds of flights canceled here in the uk. france and germany, too, with disruptions expected to continue for several days. >> yes. welcome to "worldwide exchange." ross westgate is away. he will be back later in the week from davos and along with plenty of other people and a lot of great guests. it's a three-hour program. the first three hours, i think the third you'll have to flip over to cnbc to catch. we will be heading out to washington as the capital prepares for the inauguration of president barack obama. but will he spend the next four years at the mercy of republicans? we'll explore that. pl

i'm kelly evans. these are your headlines from around the world. china's economy rebounds into the fourth quarter, beating expectations and snapping seven straight quarters of slow growth. >>> the british government says there's no indication that the hostage crisis is over in algeria as the reports emerge that doesz may have been killed in a rescue operation. >>> investors are unnerved by big spending plans in 2013. plus, glencore pushes back its mega merger by weeks as the regulatory commission begin necessary south africa. >>> welcome to the program. i want to bring you some breaking news in terms of energy prices. the iea is out with its latest 2013 oil report. it expects u.s. oil demand to remain flat on the year. but the headline here does appear that the market, according to the iea language here, is tighter than we thought. all of a sudden, the market looks tighter than we thought. that's the main message we're getting from the organization. it says the world forecast to consume about 90.8 million barrels per day in 2013, up by about a quar

let's fly over to see kelly evans in the land of the caviar communist. kelly evans is in london this morning. good morning. >> andrew, good morning. as the deals go, you're going to love this one. a high profile board room battle is heating up this side of the pond. the rothschild banking dynasty is banked against one of the most powerful families in indonesia for shares of bumi. shares are up about 20% from a year ago. but these since the ipo has fallen sharply. the indonesian focused miner has called an extraordinary general meeting next month to let investors decide whether to take nat rothschild planned board shake up. this goes back to 2010. executives have advised shareholders to vote against all the charges. today, we saw this play out in realtime. nat rothschild said shareholders in this case have little choice but to push for reform. >> nick von schernding is a good man. we hired him as a pr man. however, he is not at all qualified to be the ceo of a global mining company. and i'm not just saying that because he tried to make himself more well q

i'm kelly evans in for maria bartiromo. bill griffith joins us here in just a second. stocks are kicking off 2013 with one of the biggest rallies we've seen in some time. the biggest, in fact, since 2009. here's a quick look at how we're finishing the day on wall street, waiting for the settle to come through to see if we can hit the three handle on the dow jones industrial average, but we won't be far away from it, regardless. the nasdaq is adding about 88 points, the s&p 500 and, bill, the bottom line, up anywhere from 2.4% to 3% for these averages. >> i'm looking at the board here in the new york stock exchange, and it shows we're up 308 points right now, so we may be seeing a tremendous amount of buying coming in at this moment, and we saw evidence of that early on, and some of the technology may be playing catchup right now. >> you've been pointing this out for the last couple of hours just how lop sided this trade really is. >> the buy imbalance was very strong to the upside, and so here we are finishing about the highs for the day with a gain of 2.35%, and that'

i'm kelly evans in today for maria bartiromo. bill griffith will join me in just a moment. stocks are closing lower on concerns some members of the fed favor slowing or stopping economic stimulus earlier than maybe was previous thought. here's how we're finishing the day on wall street. the dow jones industrial average pointed down by about 22 points or 0.2%, about double that is the loss on the nasdaq today, down 0.4 and it's giving up some of its gains from yesterday, 0.2 on the s&p bit. after we saw stocks moving towards their low after the fed minutes did get a little bit of a rebound into the final minutes of trading. >> the lead bias was to the upside. let get straight to the markets. while we didn't give back all of yesterday's gains, we did close off the day's lows. should investors really be concerned about the potential end of the fed's easing program? ben pace from deutsche bank, private wealth management is with us and greg ipp, with "the economist" and we'll get his take and david kudlow from mainstay capital management and our own rick santelli. rick, i'll sta

kelly evans is with me today. we look forward to being with you at the top of hour. could be an interesting hour for the new year. >> thanks, bill. >>> let's bring in mary thompson. talking about the fact that we have a deal. do we have a downgrade? >> we went know until later this year. there is a focus as to whether or not congress will address the long-term deficit. and do they put a plan in place that slows the trajectory of debt to gdp ratio. that what moody's want. moody's coming out and reiterating it today. it avoids revisicession so that good. there is a plan to limit growth in our debt here in the u.s. we have it wait just as we watch the debt ceiling debate coming up, budget debate, there is where you will see whether or not the rating agencies are downgraded. both moody's and fitch have said, if we don't downgrade the deal we will have debt. >> what kind of market reaction could we see in august of 2011 when we got the s&p downgrade. >> you would think this would be a negative for the bond market and higher jeelds. that is not what happened. it was a safe

i'm kelly evans in for maria bartiromo down at the new york stock exchange. >> and i'm bill griffith, but apparently i have a new nickname on twitter. >> the mayor, that's right. i hear that his name around these parts. >> no idea what that means. right now we're not giving back that 300-point rally from yesterday but news from the fed an hour ago right now that some members of the fed would want the free money to come to an end sooner rather than later. that has slowed things down. you can guess where that news hit on this chart right at 2:00 eastern time. a gain became a loss, and we're still down about seven points on the industrial average at 13,404. we're going to go over those fed minutes in just a minute. nasdaq also off the low, down six-plus points at 3105, and the s&p 500 index at this hour is down a point and change at 1460. >> that's right. most of this reaction, as bill said, to word that some in the federal reserve want to slow down or end the bond-buying program before the 2013. how quickly we've gone from talking about qe infinity to maybe the end of it within the cale

kelly evans is standing by. is there a famous company or legal provision named kelly evans? >> there's a kelly girl. they're -- they were temporary secretaries, weren't they? >> exactly. there was -- i saw a mug in the back here, guys, in the coffee room that says "kelly: talent at work." i think it refers to a temporary employment agency. it's become my favorite mug. in any case, it works a little bit. there's also evans cycles over here. evans cycling or something. remember,veyanc evans, a common name. i see it more here than back in the u.s. speaking of what's happening in europe, let's look at stocks. for most part, we're up .2%. not any huge moves. interestingly spurred by the alcoa earnings report which even though we've had guests telling us not to read too much into this, you're seeing stocks move to the upside. the ibex 35 and the xetera dax, just a little firmer. the ftse 100 up .3%. the dakotas i want to focus on -- the dax i want to focus on. this has been down two out of the last three trading sessions. if it's in the red again, it could spark a turnaround from

i'm kelly evans in for bartiromo, and for investors it's a pretty happy start to the new year. >> i would say so. if you're bullish this market. >> right, if you're not short. >> exactly. >> and the markets, we're looking at the dow, off at session highs still adding 234 points. the nasdaq is the outperformer among major indexes today. up nearly 2.5%, and that's consistent with what we saw in 2012 and frankly since the market bottomed in 2009, the s&p 500 for its part adding 1.9%, 27 points, bill. >> bob pisani at the happiest place on earth today, disney world. he's at the new york stock exchange as well. welcome back. >> thank you very much, and we've got a big rally on hand here. four points i want to make. number one, this is a broad rally. 8-1 advancing stocks to declining stocks. number two, it's on heavy volume. number three, it's holding up. no sell into the rally going into the final hour of trading, and finally a number of important sectors and indices are at historic highs. not 52-week. take a look. when is the last time you saw the russell 2000 at historic high? been quite a n

kelly evans, kelly evans joins us from london with the details. she's like madonna now.he calls trash rubbish. she stands in queue. she goes and -- right? basically you have a little -- i hear it now. i hear a little built of an accent. i know when you come back you're not going to lose. >> i don't have an accent. i'm not madonna. i am going to try to give you a sense, though, of the fallout here, joe. this is a big story this morning. remember, this goes back, the speech we were supposed to hear from david cameron last october. he's postponed this a number of times including last friday morning. now the timing is interesting. he comes in. the day he was supposed to be in davos. while the world attention's focused on davos, he gives this speech. awkward as you were describing. he is dealing with tension from his own party to push for a referendum. at the same time not trying to be too explicit and calling himself for the need for that referendum. stocks here in europe reacting mixed. in london it's less about the speech and more to do actually with strong results from un

kelly evans is standing by in london. and it's more poofy hair today. you didn't walk through the fog on the way to work, right? oh, it's a wig, it says. it says it's a wig behind you where it says minus .44% right now. >> or, does it? yes, that's right. there are signals coming through this every day just to see if people are paying attention. >> so weird. wig. >> yes. the polish board here is in the red, joe. it is not a wig it takes that on from time to time. we have seen a mixed picture. we have seen a weaker picture as the trading session has gotten under way. i want to point out the xetra dax is down .1%. our underperformer along with the peripheries is down about .3%, as well. after german gdp figures, europe's strongest, biggest economy came in surprisingly weak fourlt fort quarter. that's about a 2% annualized pace. so a pretty steep decline there. ever. and potentially not a risk off attitude this morning. take a look at the bond wall. you'll see the skittishness. prices are now rising for italy and spain for the most part. earlier in the sess

i'm kelly evans. >> and i'm ross westgate. here are your headlines from around the globe. >> u.s.ncore after the s&p 500 reaches a fresh five-year high as the shanghai composite is up over 3% and foreign investments restrictions will be relaxed. >>> swatch group bought harry winston for $750 million. but u.p.s. walks away from a 5 billion euro deal from tnt. >> and generali unveiled a new major overhaul vowing to boost operating profits by 25%. not too much movement on futures since the last time we checked in. the dow was looking to add about 25 points at the open. the nasdaq is the weak link here. appearing has been weighing on this endecks fort last couple months. more news out for iphone. the s&p 500 trying to continue its rally, adding a few points here this morning. and it follows an overnight session in which china really set the mood. the shanghai composite is super strong of about 3%. the ftse global 300 is adding about .16%. so it has come off a little bit since we checked in. european bourses give you a sense of the trade here. they've come off of it. the european indus

>>> welcome to today's "worldwide exchange" 37 i'm kelly evans and these are your headlines from around the world. a state of emergency declared in egypt after riots in the biggest cities along the suez canal. >>> the dow is now set to post its best january in more than 20 years. shares rise after the central bank approve the second bailout as politicians make accusations over the failed lender. >>> 52% of those surveyed would prefer the uk to leave the euro. >> i should have said leave the european union. britain can't leave that monetary issue. we'll have plenty more on the relationship between britain and europe. for now, we can look at the relationship with markets. the euro stoxx 6700 is down about 0.4% today. not a done of differentiation. the biggest gainer, interestingly, is monti paschi. some of the airlines are struggling, too, on the back of ryan air's results. now take a look at what's happening across the bourses. we're seeing somewhat again of a trading pattern here after the last several trading sessions where it's not consistent. we'll get those up for you just as soon a

if you're just tuning in, i'm kelly evans. >> i'm ross westgate. these are your headlines -- alcoa kicks off the earnings season with a better than expected report. the aluminum giant says it sees brighter times ahead in 2013. >>> and bank and telecom stocks easing the way as reports say europe's biggest telecom groups in talk to create a pan-regional network. >>> dish network throws a wrench into sprint's plans to buy clearwire, making a higher bid for the wireless provider and owner of valuable spectrum. >>> a report suggests that bankers will cave from pressure from the prime minister and double inflation targets 2%. >>> let's quickly check in with u.s. futures. the dow jones industrial average is pointed higher by 14 points this morning. similar gains, about three points on the nasdaq. a little bit higher for the s&p 500. we've seen a weaker tone to equities this week. but the report from alcoa last night may be helping to spur optimism. we like to ask our guests whether they see it as a reason to zig when alcoa zags when it comes to earnings.

let's get over to kelly evans would is standing by in london. >> kelly, good morning. becky, good morning. i heard joe's comment about my hair. i will get back to that later, but i will say it was snowing earlier. it's beautiful. but that's not responsible for any notable change in look. just take a quick look at what's been happening wind me in europe. we're in the green for the most part behind bigger than expected industrial production. i wanted to show smu stocks because it's merger news monday. you guys have briefly mentioned a couple of these. down there, you can see swatch is up 3.8% after saying it's going to buy the julie business harry winston. we saw harry winston at the golden globes last night or at least you guys did. i certainly wasn't up. generali,'s new ceo looking to shed capital shares. markets not responding positively. generali down .8%. fiat, there are a couple upgrades out but also they're going to be in a tie-up with china to produce jeeps for the chinese domestic markets. fiat up more than 6%. tnt express up about 40%. u.p.s. came out about a y

. >>> now to kelly evans on the global markets report from london. good morning. >>> becky, good morning. i wanted to show what's happening across the euro stock 600. a generally quiet session. we're down .3% so far in trade this morning. that might have more to do with something happening here at the bottom of the index. the absolute dogs in the europe stock 600 this morning are the oil services. we can show you what's happening. look at the saipem shares once we get through the borses. saipem shares down in the range of 35%. this comes after they took a couple of hours to open this morning. let me show what's happening. 35% for this company. it's europe's biggest oil services provider by market cap. last night came out and warned about the profit outlook it's seeing for 2013. now itself's looking at revenues -- sorry, of earnings of 750 million euro, down from 1.7 billion that the market was expected. this is based on review of contracts based mainly in the leaf, nigeria and -- the middle east, nigeria and algeria. order backlogs, more worry about

kelly evans is standing by in london. i could string up a lot of thing to talk to you about, kelly. you're very close to davos. i don't know. we -- i don't really feel like i've missed anything, really. but you're still close. you could have jetted over there easily and joined in with, you know, john legend and charlie thero this e, andrew ross sorkin. >> i was hoping maybe some of those people would use it as an excuse to come through london. ross westgate has been away at davos covering the event. he'll be back tomorrow. i've been holding down the ship in the meantime. i think you get more out of it if you're there, but if you missed it, you're kind of like, yeah, life goes on. we're down by 0.04%. what's interesting is the extend to which people are talking about the rally over here, driven by the same kind of positive mood fundamentals if you want to call it that that's underpinning the rally for u.s. equities. you can take a look at the major indexes, but we're not seeing too much move. the dax, a little lower. but the ftse higher. so you can see there's not a ton of conviction

kelly evans is standing by in london. kelly, good morning. >> becky, good morning. it's been an interesting and exciting session here to some extent. we've seen the spanish ten-year poke below r5%. this following a spanish auction where in their first big debt aukz of the year, they're 5.8 billion euros above their 5 billion target. here is what's happening across the curve in bond markets in europe. the spanish ten-year, 4.99%. in italy, 4.17%. the bund, meanwhile, about 1.5%. gilt just over 2%. the interesting point here, guys, is that part of the reason why this is we're waiting on the ecb's latest decision. they're not going to need to do much more if current market conditions prevail. this is a pretty good way for them to start. so that auction going well, spanish yields coming into euro. if i can give you a sense of what's happening in other markets, the euro is higher. european equities for the most part as you're looking there are mixed to flat. but here is a look at what's been grabbing our attention. up .3% to 1.31. that i just want to bring your attention

kelly evans is live at headquarters with a wrap-up of the details. >> a few people getting a sense of what we saw. i think one of the points here is job growth is becoming a little more consistent. we saw payrolls grow about 155,000 in december. in fact, that's almost bang on the average on the whole year. despite some of the choppiness early in the discovery, they're gaining traction now. a concern remains about 2013 in particular, what could happen when payroll taxes do increase on that point. it was encouraging to see for the second straight month a growth in average hourly earnings as well. >> kelly, thank you. is that good enough to say that the average monthly job creation rate is the same as 2011 in 2012, that that's a reason to be optimistic about this? >> i think all things considered, it's a decent report. you can't be crazy about it. maybe a transition report. i think there's a lot of things happening in the economy right now that's hard to get a handle on. the last few weeks we did hear, for some people, good with business. others were bad. this is one of the least importa

for more on the story coming out of europe today, let us head to london to kelly evans who is standing by this morning. i like that necklace. i don't know what it means -- what it's saying to me. it kind of looks like -- >> it's telling you to buy goad, joe. it's a subtle signal to investors. i coordinate my wardrobe with the prevailing market move. >> yeah. >> i was thinking you were stepping out there. is that attached to the wall behind you? are you allowed to move or has ross got you -- >> it's attached to my wrist here with the same thing going on. >> oh, my god. i am actually chained to the desk here because ross westgate, lake-effect snow, is in davos and he will have the very latest out of there and "worldwide exchange" for the rest of the week. we'll also see maria bartiromo there. in the meantime, before that meeting gets under way, france and germany are celebrating their friendship treaty today. it's all about markets in japan and, in fact, we want to give you a sense of the trade that we're seeing, even here in europe affected by what we heard from the bank of japan this m

. >> kelly evans does what she does so well, i wonder whether she has some kind of performance enhancement. >> it's possible. >> maybe it's coffee with her or sleep. >> though, tea. it's tea, definitely. >> five-hour -- >> what kind of tea leaves are those? >> so i've always loved herbal tea, but coming over here -- because i was sensitive to caffeine. i am a complete addict to drinking english tea with milk. even when i was back in the states last time, i brought some here from the shop. i think that one is legal now, though, which is a relief. >>> let's take a look at what's happening quickly overnight in markets. there's a ton of activity. first, a general sense of what stocks have been doing. the nikkei over here is the one to watch. you know how much i like to talk about the japan story. up 2.9% in one trading session. that's one of the highest gains that we've seen on a day in quite some time. other stocks across the board rallying. what's interesting over there, the ftse is up .5% in britain even though the december retail sales figures disappointed coming in weak during that critic

kelly evans in london. the can. thank you. >> we're not going to forget that one. coming up, why electric cars may soon make more money. >>> and we'll be welcoming drew mattes to the table to find out what he says will draw today's trading session. stay tuned for that and a lot more. >>> welcome back to "squawk box" there morning. take a look at how u.s. equity futures are opening the day. the s&p would be off about 1.5 points, dow jones off about 9 noints and nasdaq off 3 points. the government wants all hybrid and electric vehicle toes make noise when traveling under 18 miles per hour. the national highway safety administration says the vehicles don't make enough speed to warn pedestrians. you hear this all the time. did you ever see a hybrid car? they're so quiet. >> they are quiet. you don't want to step out in front of it. >> there's no sound there. >> is it the same thing with the camera, some of them don't have a shutter noise? i like the ones that put the fake shutter sound back in. >> the sound would be very cool, i think. >> if you've ever discuss add loa

line with estimates are keling evans have been digging in details, putting descent jobs report, caps a descent year for jobs actually but the market is not responding, kelly. the devil is always in the details of these numbers. what strikes you most? >> sue, hi. yeah, i think it is important to keep in mind with that gain of 155,000 in december for the year we actually saw about that number of jobs added each month. 1.9 million private sector payrolls and in fact we have better than 5.3 million private sector jobs since the recession ended. one other interesting nugget i want to point out today and it didn't come from the jobs report but it is about jobs. it came from ism services report. that shows the index jumping from the level consistent of job gains better than 200,000 a month. one of the answers that we seem to have gotten today is that even though we saw perhaps a hit to sentiment on consumer and business side as we head into the fiscal cliff negotiations, people kept hiring, sue. >> indeed. ty, i think you have a question as well. >> i do, actually. i think i've seen the number 150,000 for the number of jobs that the economy has to add every mont