cnbc's nancy hulgrave has more. donald trump contended that the markets still seem overvalued. >> that's right. in fact, donald trump said he thinks it looks like we're in a big fat juicy bubble, although he hopes that's not the case. we have been speaking to plenty of investors trying to weigh in on whether or not this is a bubble bursting or simply a short term blip. but nevertheless, some major moves to the downside in the u.s. markets yesterday. u.s. futures calling for a bit of a rebound today. but we've got a mixed session here in europe and we saw dramatic losses in the asia session as well. japan's stock market was dropping sharply and however, there is thinner holiday trade there. one reason behind the sell-off, the concern over bank. and we talked about the global growth winds affecting them and everyone is keeping an eye on oil prices. we saw a dip yesterday, but the oil is on the rebound. that's a major central point. back to you for now. >> nancy hulgrave, thank you so much. >>> time now for sports and

i'm louisa bojesen. >> i'm nancy hulgrave. "worldwide exchange" is up next. ♪ earth hour is about empowering people making a difference to change climate change with passion and excitement earth hour is about inspiring climate action celebrating a global movement and impact ♪ join us at earthhour.org 19th march at 8:30pm ♪ >>> good morning. a global rally. stocks trading higher around the world right now. the dow closing in on its second positive week in a row. >> apple responds. the tech giant firing back at the u.s. government in an official legal briefing. new this morning, some of apple's biggest rivals are coming to its defense. >> plus, the gloves come off in texas. gop presidential hopefuls go on the attack just days before super tuesday. it's friday, february 26th, 2016. "worldwide exchange" begins right now.

. >> and i'm nancy hulgrave. these are your headlines. >> european stocks relatively flat at the moment. italy, though, had been leading the way lower this morning as several big financials suspended limit down. >> the international energy agency warns a surplus of supply has worsened as the oil price steadies after another session of steep declines. >> swedbank is saying it's time for new leadership as they announce the ceo will be leaving the bank with immediate effect, sending shares lower. >> and tailwinds for vestas after beating expectations as they raise their sales forecasts. >>> hi, everybody. good morning and welcome to "street signs." what a 24 hours. >> what a difference a day makes, really. investors really just trying to get a grasp of whether or not they want to get in for a relief bounce or whether the downturn is still going to go further after we did see those sharp losses, particularly in japan. >> absolutely. almost feels like we're now back to being led by what's taking place out of europe to

. >> and i'm nancy hulgrave. these are your headlines. >>> well, a start to february for european markets after the toughest january on record for stocks. >> tough being after the disappointing patent settlement which say weighs heavily. >>> and chinese market with pmi with activity in the world's second largest economy hits a three-year low. >>> the ceo of julius baer said 30% being kept in cash as exacerbating fears. >> in the last 12 months, we had a lot of volatility in the index. over time, the thing that was clear, how it was done. and i think everybody will be a bit surprised. >> billionaire invest george searos as they get ready to square off at the iowa caucus. >>> good morning. and welcome to "street signs" here on a monday. well, markets are kicking off to pa territory. we want to get straight to breaking data coming out of the eurozone. that's manufacturing for the month of january has been confirmed at 52.3. that's december. january is 22.3. this comes after pretty strong adings across the board. and

." >> and i'm nancy hulgrave.hese are your headlines. >>> well, will the year of the monkey bring more uncertainty to the markets. european stocks holding on to that flat line following last week's sharp losses after light trading across asia. >> but basic resource is the clear outperformer, shares rally offsetting a profit after the gold prices in two years. >>> were veer focused on free cash flow and continuing to be able to deliver a long half term viable business. >> well, an influential investor in credit hints that the bank may be better off without its ceo. shares in italy rising to the top of the markets. >>> and they're rounding in on rubio. the junior senator from florida comes under attack in the last republican debate ahead of the new hampshire primary, as his rivals point to a lack of experience and amemorized lines. >> marco, the thing is this, when you're president of the united states, when you're governor of the state, the memorized 30 second speech when you talk about how great america is at the

. >> and i'm nancy hulgrave. these are your headlines. >> well, outflows on outflows. ubs plunges as investors focus on wealth management withdrawals instead of the bank's best profits since 2010. the ceo says the markets are to blame. >> it's not the kind of good volatility for us. it paralyzes our investors, being institutional or private. >> and bp shares suffering a similar fate, falling nearly 7% after the oil producer posts its worst annual loss in 20 years amid the collapse in crude prices. >> a digital deal. a 1.3 billion pound offer for home retail, hoping the owner of argos will boost its online business. >> and a dose of midwestern drama for you. hillary clinton squeaks by bernie sanders while ted cruz defies the polls to trump trump and take the top spot in iowa. >> tonight is a victory for courageous conservatives across iowa and all across this great nation. >>> good morning, everybody. i like that one, trump trump. >> too easy, isn't it? >> i think cruz might be using that one today. >> cruising to victory. >> the puns are all over. more on that later. w

i'm nancy hulgrave. >> i'm louisa bojesen. these are your headlines this morning. >> fertile ground for syngenta investors. the firm rallies to the top after a $43 billion offer. the chairman tells cnbc it's the right deal for investors. >> we have managed to put together a transaction that, in fact, satisfies all stakeholders. it's a great value for current shareholders. it's not a transaction about cost synergy. it's a transaction about growth, about innovation, about long-term vision. >> now, investors also bagging lvmh as they recover after the paris attacks. >>> and the ceo of abb tells "squawk box" he's still bullish on china despite falling demand in the key market, weighing on the swiss industrial group's fourth quarter profits. >> china is changing. we see a tremendous change from an investment driven economy to a consumption driven economy. that also means we're readjusting our efforts across the portfolio. there's still a lot of growth opportunity out there. we are tapping that actively. >> and yahoo! plans to cut 1

. >> and i'm nancy hulgrave. these are your headlines. >> shares in europe drifting lower with energy stocks leading the declines. crude gets hit hard after another build in inventories. and comments from the saudi oil minister dashing hopes for an output cut. >> not many countries are going to deliver, even if they say they will cut production. they will not deliver. >> peugeot accelerates to the top of the cac as sales shift up a gear here in europe. >> well, smooth landing. airbus delivering a 15% rise in full-year profits, and it's projecting higher orders for its a-330 model. we'll be speaking to the ceo of the plane maker at 13:00 at cte. >> and the sterling slide continues, hitting a fresh seven-year low on brexit fears. >>> hi, everybody. good morning and welcome to "street signs." good morning, nancy. >> good morning. >> how are you? >> very well, except these markets. can't keep the momentum to the upside. >> we're flip-flopping quite a bit this morning. quite a bit of red on the european markets. all o

. >> and i'm nancy hulgrave. these are your headlines. >> speculation mounting over an opec supply cut as four major oil ministers meet. crude prices rise sharply, supporting stocks in europe. >> and china's central bank throws its weight behind the industrial sector, pledging to support liquidity, but also pledging to scale back loans to zombie firms. >> investors are cheering anglo american's plan to ramp asset sales. the ceo telling cnbc that commodity prices remain under pressure. >> it's far too early to call anything other than bouncing at the bottom. i think we're in the right place and the right conversation. >> shares in airbus take flight after ceo tells cnbc he's optimistic on asian orders from the singapore air show. >> there is some turmoil around the world, but globally, gdp is still healthy. if you take china, the projections are for air traffic growth two digits, so more than 10% a year for the next five years. >>> good morning, everyone. welcome to "street signs." we are now in day three of this

. >> and i'm nancy hulgrave. these are your headlines. >> the shanghai composite has its worst day in a month, closing down by 6%. >> and financials flourishing. shares in lloyds see their biggest gain in more than five years after the bank announces a surprise special dividend. rsa insurance also powering higher. >> bt dodging a break, spending shares higher in london. u.k. regulators are saying they must open their network to allow competition. >> we're seeing rare red spots in germany with the drug maker falling to the bottom of the dax after missing expectations in the fourth quarter. >>> good morning and welcome to "street signs." we are seeing some green on the sign here in europe after that remarkable turnaround stateside. let's get to the louisa, who's taking a closer look. >> take a look here. this massive wall does the job. the vast majority of europe's equities this morning are trading in positive territory. we were called higher after we saw that rebound stateside. although, that's not really where th

i'm nancy hulgrave. >> hi, everybody. i'm louisa bojesen. your headlines this morning. >> euro/dollar dives to a three-week low after the ifo think tank says there's no bright spots in german industry. >> banking blunder. standard charter sinks. the lender insisting the ceo, bill winters, has what it takes to weather the storm. >> and dividend plans scrapped. bhp slashes its payout after nearly 75% after the global miner posts its first half-year loss in six years. that dragging down miners in the u.k. >> bill gates breaking ranks with silicon valley, backing the fbi's request to unlock iphone encryption. melinda gates shared her husband's view. >> i think that's a delicate balancing act, both between privacy of information but also what the government needs to keep us safe. >>> welcome back to "street signs," everybody. so much optimism after that sharp rally we saw on wall street yesterday. a very different picture this morning, kicked off with asia trade, moving back into the red here in europe. as you can take a look there from u.s. futu

. >> nancy hulgraves, thank you. >>> a big twist ahead of super bowl 50 as the traditional media day becomes super bowl opening night. we'll take you to santa clara for the festivities. >>> much more from des moines. hear from the two candidates who are not going on to new hampshire, including mike huckabee. this special edition of "way too early" will continue in a moment. >> a little earlier i called ted cruz, donald trump and marco rubio who obviously are the leaders in this process tonight and i congratulated all of them. they were all extremely gracious. and very kind. it's easier to be kind when you win. this bale of hay cannot be controlled. when a wildfire raged through elkhorn ranch, the sudden loss of pasture became a serious problem for a family business. faced with horses that needed feeding and a texas drought that sent hay prices soaring, the owners had to act fast. thankfully, mary miller banks with chase for business. and with greater financial clarity and a relationship built for the unexpected, she could control her cash flow, and keep the ranch running. chase for b

cnbc's nancy hulgrave is joining us live from london.her tech billionaire has joined the dialogue. >> that's right. and this time it's bill gates the microsoft cofounder raging into this ongoing debate here and his argument is sticking with the fbi saying it's important to remember that they are asking for permission for a particular case. and he's really shunning other arguments that say this could set more of a general precedent. that's really the key element we have in discussion here when we talk about the different sides. tim cook over at apple, the ceo telling employees this could set a dangerous precedent going forward. he's been seeing other support from silicon valley stars like zuckerberg. but bill gates said this is for a very specific case, in which you might request phone or bank records as well. that's his line of the debate. and we are seeing public opinion around tim cook and fbi at 50%. >> thank you. >>> time for sports. we begin with a "wall street journal" report that can mean an increase in the salary cap next season.

. >> nancy hulgrave joins us with the headlines. good morning, nancy. >> good morning, sara. so much hope here going into the session that we would be in positive territory after that rally on wall street friday but that is not the case. the stoxx 600 is up just by 100 here. you can blame it on china but individual earning movers. let's look at the sectors one by one. we see tech to the downside. we do have shares in nokia dropping sharply. that's weighing on merger of alcatel. that's due to a disappointment over a patent settlement with samsung. i want to point out the bright spots we've got travel leisure moving higher by 1.9%. ryanair shares rallying 3.2%. a strong showing of results. ryanair not the budget carrier. but the 800 million euro buyback so investors welcoming that one of the bright spots in an otherwise down day for european equities. >>> now for this morning's top trending stories. microsoft is testing a data center that can operate hundreds of feet below the ocean's surface. potentially cutting down the company's expensive air conditioning bill. right now, da

nancy hulgrave joins us from london with highlights of her conversation with the bnp ceo. >> good morningnally some good news. the sector overall second to best performer. as you just said, part of that is due to good news we're getting out of bnp paribas. they have unveiled a restructuring for its investment banking unit. this is intended to answer some claims the bank has been too slow to attack the leverage problems they've been seeing and to address the market volatility. i had a chance to talk to bnp paribas cfo yesterday. he struck a confident tone that these changes would help prepare the bank going forward for volatility. nevertheless, as you know, european banks have been particularly hard hit going into the new year. he attributed a lot of that to what he said were unfounded fears around china. take a listen. >> from where we see it is that there is no such thing as a hard landing, which is under way, and so i would say probably it's a good moment to buy bank stock. >> so the cfo there, no surprise here, really talking up his bank's stock. for now, investors are believing it. th

nancy hulgrave is following the developments from london and just what it means and how the price willthere, sara. well, if we can get a check on the oil price at the moment, we're looking at brent crude up about 2%. we're in the green. that is off considerably from what we saw earlier in the session of gains of around 5%. that was on a lot of optimism, enthusiasm over this meeting going on in doha. what we heard in the last hour is that saudi arabia, russia, venezuela, and qatar coming together in principle to agree to a freeze of output at january levels. however, that's if, and this is a big if here, if other producers come together and agree to that freeze as well. there are some big question marks around this, chief among them being iran. iran just getting back on after those sanctions were lifted. they're keen to get production going, and many doubts over to what extent, if any, they'll be willing to constrain production. but the saudi minister has come out saying a production freeze at january levels would be, quote, adequate. they've also said there is no plan for a meeting of

." >> and i'm nancy hulgrave.ill the year of the monkey bring more uncertainty to the markets. european stocks holding on to that flat line following last week's sharp losses after light trading across asia. >> but basic resource is the clear outperformer, shares rally offsetting a profit after the gold prices inwo