i want to bring back ramin nakisa.et's tell about credit risk and the bond markets, not really seeing much for the likes of marie pen coming into power. ramin nakisa: what we are telling our clients is to reduce duration in european softened bonds. people were overweight going to to ecb buying. people saying ecb is buying a huge amount of debt and that is going to push yields down. we disagree with that. the traditional argument stands against that. and growth is improving. inflation is rising. you look at the five year in europe, inflation is increasing. we think spreads are going to widen and we also think the yields are going to rise. in that kind of environment you do not want the sovereign market. jonathan: the long end is where you would rally? as cpi bottoms out and so should yields? is it that that is more significant or political risk? ramin nakisa: political risk for spain is much lower than for greece. the most important thing to look at its fundamentals for if growth arises that is a complete miss pricing.

ramin mellegard from the tokyo stock exchange.nd i'll be back next hour with more headlines in business. here's a check on some other markets. ♪ >>> chinese president xi jinping has welcomed his sri lankan counterpart in beijing. he's hoping the countries can develop their military relationship. sri lankan president sirisena just took office in january. he's been pursuing a different direction from his predecessor's pro-china stance and he's apparently trying to keep a balance between china and india. chinese officials welcomed sirisena on the red carpet at the great hauflt people. the two leaders held talks for about an hour. >> translator: china has always put sri lanka in an important position in its diplomacy. with neighboring countries. under the new circumstances we are willing to make joint efforts with sri lanka to attribute a new current connotation to the traditional friendship between china and sri lanka and deepen the mutually beneficial cooperation between our two nations. >> china's state-run xinhua news agency says

we head to ramin mellegard, who's at the tokyo stock exchange. good morning ramin.re markets looking? >> very good morning to you, ai. if you remember, we saw a little bit of profit-taking on monday after the strong gains last week which pushed the nikkei into the negative. however, with that rally on wall street we're definitely seeing a reversal there or a rebound. so let's have a look for tuesday, march 17th. the nikkei and the topix well into the positive. 19,415 now for the nikkei. and the weaker dollar is really prompting fears the federal reserve may not be so quick to raise rates despite the recent strong jobs report. investors also may take note of the slightly weaker than expected data for the u.s. economy on monday with a decline in business conditions for the new york region and also industrial production just showing a moderate rise. now, the federal reserve is due to make a statement tomorrow. that's going to be the big focus for the week. ai. >> and ramin, one of the major market factors we should be watching out for here in japan? >> well a lot of fa

back to you, ai. >> sounds-g ramin.e will talk to you then. >>> well auto industry officials in japan expect a bit of a bumpy road ahead. they say domestic car sales in the coming fiscal year will dip below the 5 million mark for the first time in four years. those at the japan automobile manufacturers association say they predict domestic sales of 4.9 million vehicles in fiscal 2015. that would be down 5.4% from the projection for the current fiscal year. that runs until the end of this month. officials say a hike in the tax on mini vehicles will likely put a dent in sales. mini vehicles have engines no bigger than 660 ccs. their low costs have made them hot sellers, helping bolster the market. the association says a moderate recovery in japan's economy won't be enough to blunt the impact of the tax hike. >>> that's the latest in business for this hour. i'll leave you with another check on markets. ♪ ♪ ♪ >>> japanese and chinese officials in charge of diplomacy and defense are trying to build trust. they didn't hold se

ai. >> and ramin, tell us about that dollar. it does look like it's taken a bit of a hit on the fed's announcement. >> yeah, exactly. if we look at some of the levels here now, right now, the euro-dollar, 1.0838. taking a little bit of a hit following the announcement including the lower estimates for u.s. economic growth. the dollar also went lower after the fed statement tumbling. in fact, its biggest one-day decline against euro since early 2009. against the yen we can see the dollar's weakened again. look at that. 120.10-15. compare it to the mid 121-yen range levels previously this week. ai. >> and ramin, the fed did include that lower estimate for u.s. economic growth. so how does this downgrade -- how will this downgrade for the u.s. economy affect exporters here in japan? >> interesting point. a lot of analysts we've been speaking to have raised that as well. but it doesn't look as if exporters will take any major hits. that's really because figures actually showed this week that japan's exports to the u.s. jumped actual

good morning ramin. how are markets starting the day? >> very good morning to you, ai. a quick recap on u.s. stocks. investors seem to be really concerned been only the stronger dollar but the prospects of rising interest rates, which is why we saw the u.s. stocks trading lower. however, the nikkei and topix really look to be shrugging off any of that negativeness. so let's have a look at the opening levels here. 18,836. up 2/3 of a percent for the nikkei. and yesterday also the nikkei shrugged off the weakness on wall street and actually rose. domestic data also on machinery orders and corporate goods prices provided the positives. and we're seeing a continuation of that. right now the nikkei up over 100 points. in fact, an analyst i spoke to says with strong corporate profits, a current account surplus, robust exports and cheap oil prospects for japan look pretty solid going forward. now, further buying may also come on nikkei futures ahead of the expiry of march contracts on friday. so we're seeing the momentum building up. also the weaker yen against the dollar shou

ramin mellegard joins us from the tokyo stock exchange. good morning, ramin.are you seeing so far? >> a lot of focus on apple's wearable technology. and of course european central bank's quantitative easing moves which kicked off on monday. so let's have a look at the reaction here for the nikkei and the topix. for march 10th. and we're seeing both trading in the positive. actually, i can tell you the nikkei did pop above 18,900. the high was 924. it backed off a little bit. we'll see if we can get back above that. yesterday the nikkei closed down nearly 1%. the biggest loss in more than a month. investors becoming a little worried about japan's growth after the latest revised gdp figures for the last quarter of 2014 weren't as good as expected. now, however, the nikkei is taking its view from currency markets and of course growth prospects in the u.s. and with the dollar rising again against the yen we are seeing that positive result for the nikkei. we'll see how that develops. there's some concerns of course about the earlier than expected rate hike in the u

back to you. >> sounds good ramin. we'll talk to you then.'ll be back next hour with more of your business headlines. here's a check on other markets. ♪ >>> authorities in taiwan say they're planning on a series of events to mark the 70th anniversary of the end of world war ii. last week china announced separate plans to mark victory in the war against japan. officials in taiwan say the military will stage a public display at a facility in the northern county of shin tsu in july. the purpose is to showcase taiwan's fighting capability. a cabinet spokesperson said the national party now in taiwan ruled mainland china during the war and fought fiercely against japan p. >> we will raise public awareness of these facts through various events. >> relatives of victims of the war will be invited to a speech by president ma ying-jeou in taipei in september. the spokesperson said there are also plans for exhibitions of historical materials and symposiums to discuss history. south korean president park geun hye has visited the u.s. ambassador to seoul,

back to you. >> all right, ramin, thanks a lot. we'll talk to you in a few hours. >>> well britain's rail system is getting high-speed upgrade that will dramatically reduce travel time. japanese maker hit avpi delivered the first of nearly 800 rail cars ordered by the british government. the five-car bullet train was unloaded at southampton docks after a two-month voyage. passengers will enjoy the view at just over 200 kilometers per hour. the intercity train is also equipped with diesel engines to run on stretches of british rail that lack electricity. it will undergo test runs starting next month. the british government has ordered a total of 866 rail cars from hitachi. >> we're now very strong in the uk and europe as well. so this makes us a very strong player. so moving forward into the future i think we will continue to grow and become a global player in the transportation market. >> hitachi will assemble the first 76 cars in japan, and british workers will complete the remainder at a domestic factory now under construction. >

to see how markets here are starting the day let's go to ramin mellegard.e's at the tokyo stock exchange. what happened on the u.s. markets and what should we be looking out for here today? >> quite a lot for investors to take in there, ai. apart from the fuel in durable goods orders you that just mentioned to 1.4 in february there was also a sell-off in the biotechnology sector also in the chip-related sector which pushed the nasdaq down 2.37%, and also we did see a loss in the transport sector after crude oil prices actually rose which weighed on a lot of transport sector shares. but let's have a look at how the nikkei and the topix are reacting to all of that and it's pretty negative start. i can tell you for this thursday march 26th. the nikkei down 3/4 of a percent. the nikkei on wednesday -- yeah on wednesday actually added .2%, close to 15-year highs, but of course we're still shief that 20,000 level we started approaching on monday. but since then of course global equity markets have taken a bit of a step back since recent record gains. we're going

ramin mellegard joins us from the tokyo stock exchange. good morning, ramin.us what you're saying over there. >> very good morning, ai. nearly 15-year wait. we have to wait just a little bit longer. markets have dipped just a touch. let's have a look at the exact opening levels for the nikkei and the topix. for tuesday march 24th. and we're just down a touch but still 19,740 on the nikkei. yesterday the nikkei closed at yet another 15-year high. foreign investors are looking very closely at japanese stocks which have outperformed many of their peers so far this year. stronger corporate profits have provided pretty good reason for investors to pile into japanese stocks. now, analysts are tell us that investors mostly keen to snap up shares with higher dividend payouts which must be bought before the end of the fiscal year here in japan, which is fast approaching. in fact, it will be the last trading day of march. so a big focus on dividend payments and how that's pushing the nikkei higher. ai. >> speaking of which, which companies or which sectors in particular

ramÍn anda marcando con el pie derecho finalmente. todavÍa lo que falta del rebaÑo sagrado.imos días..?--nuevamente nos enlazamos con millie delgado quien tiene el pronóstico extendido... en nuestro estado. para esta noche nos espera 50 grados. las mÁximas temperaturas para la maÑana serÁn dentro de los 72 dentro de las ciudades. los vientos van a estar un poco fuertes en el Área de san josÉ. es el pronÓstico extendido para los prÓximos dÍas en la semana. este es el pronÓstico para san josÉ en la semana y se extienden en horas de la madrugada. que tengan una feliz tarde. ♪♪ >> todo el dÍa trabajando de arriba para abajo. si usted tiene ramÓn: si usted tiene historias, llame a noticias univisiÓn 14 y puede comunicarse por facebook con nosotros. un perro de texas ayudo a los rescatistas a ayudar a un niÑo y su madre que se congelaban de frÍo. una noche no paraba de llamarnos y de la era de y descubrieron que el perro resguardaba una madre con sus cachorritos. no hubieran rescatado a esa madre si no hubiera sido por el perro. excelente. llegamos al final. william: el mejor amig

hopefully we'd like to be a part of that. >> i was going to say if mark runs the raminator, sponsoredou one more pass over the car here, and boy, i think my hearing is shot. whoa! >> they act like big foot the person, because i've been to those. big foot here, he isn't there this time. he's there. >> jeff, i envy you, brother. >> there's the old big foot. >> jeff, thank you. >> it's worth losing your hearing for a day or two. >> great stuff today. a big foot of a stock, nike posting biggest gain in six months, ending near all-time highs following healthy earnings. if you were watching "making money" with charles payne in december and followed his advice, you'd be very happy now. >> they're everywhere, smart, ahead of the curve. the company opened the second women's store in shanghai. this is one of the stocks that you never have to sell right now that i can see. >> you know with a prediction that is right on target like that. we gave the man a chance to come in and crow a little bit about it. how did you see this coming? >> pounding the table on nike for years and years and years. one

. >> we have the raminator and the driver of the raminator and the ramunition too. it sounds like. it's quiet now. laurie, fire him up. that's ray long in the big foot. listen to when this thing fires up i'll tell you, mark hall it makes it awful difficult to hear. like you've been in a rock concert. >> absolutely. absolutely. to some people that's music to their ears they can't get enough of that. >> reporter: a lot of people love the sound of this, and we're going to get out of way because he's coming over a truck, over a car. whoa, look at that. holy christmas! by the way ray long there, and you are mark, you are battling for the championship, could be tonight? >> absolutely. get a little good luck wrap it up tonight, we're definitely working for that. >> reporter: you know, gerri, trucks have never been more popular. if you take a look at the sales numbers, they're going through the roof. people want trucks it's helped by the low fuel prices but these are the biggest of the big trucks. >> absolutely man, if you're a truck fan this is where it's at. >> reporter:

that's the raminator. liz: doughnuts, dude. >> reporter: whoa! josh, that's incredible. >> it's amazing, you know, the noise, the horsepower, it's something. >> reporter: laurie just about broke her back on that. >> reporter: okay, i think we're done, there is the raminator. you don't know what i'm thinking. liz: i've been to monster truck shows in ohio. invest in ear plugs, that is the big moneymaker there, right? unbelievable. laurie is okay, okay, jeff flock with the pictures of the day. auto stocks, huge promotional events for ford and gm, nissan, chrysler, everybody moving today. the laptop sticker scene taking the internet by storm, what started as a sticker for internet employees, laptops and developers' equipment went viral, where the company red bubble comes in. online marketplace for artists to post and sell work directly to customers. joining us in a fox business exclusive. the man behind red bubble co-founder and ceo martin hosking, to the microsoft sticker which went viral, what did that do for your business and when did the hype sta

to see how markets here are starting the day, ramin mel la guard joins us from the tokyo stock exchange. the focus here has been the key 20,000 level. we may have to wait a bit longer for that. >> exactly. we may have to wait just a little bit. markets a little bit higher this morning. investors just look to be looking closely at the dollar levels as well. which have come off those recent peaks and that may be holding back some sentiment. let's have a look at the opening levels for the nikkei and the toppism, both in the positive 19756. we're way off the the 20,000 level. the nikkei was down yesterday, on tuesday, by weaker than expected manufacturing data in china. flash pmi figures on tuesday, showed another contraction, in fact the lowest reading since april, that's led a lot of analysts to think policy makers in china may have to cut interest rates further, as well as reserve requirements for commercial banks, so a lot of focus on china's economy as well. >> on the dollar a lot of people waiting for upcoming data that could sway trading there, what's up next and where are the key cu

i mean i think ramin is right, if you look at the responses of the other members of the p-5 plus onehing oxygen no one really believes this letter was meant for the iranian supreme leader. this is a letter for a domestic audience this is a letter designed to show support for israel. this a letter designed for domestic political donors. this is not really literally meant to be a message to theiowa tolla. >> ramin, you have expertise and emotional insight into this negotiation and process. is there going to be a deal struck? >> well you're absolutely right this is this is a deal which would change a great number of things across the board. i think that the deal is within reach. i do think that along the way, all of the different parties who are affected by the deal have to have input into the process. and i think that they're all exercising that input. but i do feel that the deal is within reach. the p-5 plus one has done some extremely hard work getting to where we are today. and i think that the key will be actually making the deal work. even if there is a deal. there is no doubt tha

our third witness is ramin toloui. our fourth and final witness on the first panel is vice admiral frank pandolfe, director for strategic plans and policy at the giant staff. we thank you all for being here, sharing your thoughts and viewpoints. we remind you your full statement will be entered into the record without objection. if you would, please summarize, about five minutes or so, we look forward to our questions. again, thank you, all, very much for being here. >> thank you, chairman corker ranking member menendez, members of the committee. thank you for the opportunity to join you today to talk about the situation in ukraine and for the personal investment that so many of you have made in that country's future. today, ukraine is central to our 25-year transatlantic quest for a europe whole free and at peace. my interagency colleagues and i are pleased to update you on u.s. efforts to support ukraine as it works to liberate the country from its corrupt ail garkic past and chart a more democratic european future a