and you can watch the full interview with posco later on r t one of your boss main assets the world's largest alum indian company rules sol actually lost value on friday for a second day in a row that's after goldman sachs downgraded the company's citing a negative outlook for global allen many of the prices and go let's check out how other activities performed on friday russia's blue chips actually did quite well we saw that the ended the week in a positive turn towards pretty strong gains actually for both the my sex and the r.t.s. as you can see there to the ocean or ruble and friday's session mixed to the major currencies it was gaining value to the dollar bridge a losing it to the euro and the european stocks jumped close to a chewie year high that's after the european central bank data showed that three year loans will be repaid faster than previously estimated. and back here in davos one of the most inspiring one of the most daring sessions actually focused on women and their role in the global economy the i.m.f. chief chief christine lagarde and facebook's still sandberg they'

. >> then it's south korean steel giant posco reporting quarterly earnings today. we'll have the latest live from seoul at 10:15. and it's day one of the fomc meeting. economists are awaiting more clues from the stimulus program. we'll be live in new york about 11:00 central european time. before that, we're going to head out to mumbai as the rbi cuts interest rates for the first time in nine months. we can gauge the market fall out now from that move. >> all right. so let's just show you where we are in global trade right now. one hour into the session here in europe, it was a soft close for u.s. markets. we're struggling for direction and that's where we are right now for u.s. markets. pretty equal. the dow jones stoxx 600. and as far as the ftse 100 was concerned. first thing this morning, it was up 13 points. the ibex is up three and cac 40 down 1. like the u.s. market, struggling for direction. moving on for you, let's show you where we stand with yields, as well, on the bund market. 1.687, steadily creeping higher. spanish yields, 5.27%. italian yields, 4.22%

and i had a rare opportunity on friday to speak with one of russia's richest men our legs or posco who has assets all over the world from siberia to africa and i asked him if he thought africa is going to drive teacher economic growth here's what he said you know why not because they're not sure that. what prevents them from being the next hot spot for growth. no government no stability and. no competence no luck oh dick ation. you know as a result of work work work it's just a dream. and you can watch the full interview with. a layer on r t one of your boss main assets the world's largest alum minium company rule sol actually lost value on friday for a second day in a row that's after goldman sachs downgraded the company's citing a negative outlook for global allen many of the prices and go let's check out how other activities performed on friday russia's blue chips actually did quite well we saw that the ended the week in positive territory pretty strong gains actually for both the my sex and the r.t.s. as you can see there to the ocean or ruble and friday's session mixed to the majo

companies to south korea and japan, when you compare the steelmakers, when you compare the likes of posco to their peers in japan, there's more direct competition there than you might see effectively in the u.s. dollar/yen relationship. >> kaori, great point. ed, i just want to see, we are out of time, but you're talking about a true inflexion point in japan, a cramer moment where they run around screami ining b buy, buy, cramer is listening and he says that you're correct. he reads it the same way, too. we'll see if you're right. we'll see if this truly is an inflexion point. kaori enjoy ji, thank you, as well. >>> now let's do more to check on the markets across asia. li sixuan is standing by. >> asian markets finished on a mixed note. indeed, a lot of focus on japan. the nikkei saw some profit taking after the boj's announcement. kaori mentioned earlier, doubled its inflation tafrth and open ended qe starting next year. the yen has firmed up against the u.s. dollar, dragging exp t exporter stocks lower. property developers, automakers and miners were among the worst performers. but chi