intensifying attacks >> reporter: that right, rosanna.y both agree that this war is turning in a new phase in the east ukrainian foreign minister saying over the weekend that ukraine has won the battle for kyiv, but battle for donbas is just beginning we are seeing indications of russia bearing down on the east and stepping up attacks on kharkiv and mariupol and city of where the train station was attacked the russian tanks and artillery now eight miles long to the east of kharkiv vladimir putin shaking up the invasion of ukraine and putting alexander in charge of ground forces this is the man who earned the nickname "the butcher of syria" when he was sent by the president in 2015 to that country. he carried out vladimir putin's orders with brutal efficiency. he turns the tide of battle decisively in the name of bashar al assad he and his troops levelled aleppo they killed thousands of civilians in the process this is an extra extremely worrying sign about what may be to come in your city british intelligence says the russians are turning

brian. >> rosanna lockwood in london. thank you very much. >>> let's come back state side stocks looking weak again. that follows selling friday afternoon. 980 point drop from the dow is the worst day since october of 2020 four straight weeks of losses for the dow and 9 of 11 weeks. nasdaq and nasdaq 100 are the worst performance since march 7th. the major averages are down 20% from the 52-week highs that is a technical bear market. let's talk about this and bring in the founder and ceo of decatur capital. it sis a nervous time. what are you advising clients to do >> brian, what we are looking at is we talked about pricing power and inflation environment. how do you identify companies with pricing power one way of doing that is looking for companies that have higher relative gross profit and growing gross profit relative to competitors. that is the revenue minus cost of sales divided by revenue. if you need micro chips to make a car and the cost goes up, that drives up the cost of sales which can reduce gross profit if th

lockwood is in the london newsroom with the trade and expectations rosanna, good morning. >> reporter: good morning, brian. happy fake friday. i think that is a relevant point. a lot of analysis of the muted mixed picture. it is the same here in europe this morning it is something to do with end of week positioning a day earlier. we see the decision. give you a look at the ftse 100 down .25% in the red here in london elsewhere in europe, strength. nothing shocking a few corporate stories out there. nothing moving the market. same thing about inflation the cac 40 in paris, .37% higher let's give you a look at the sectors as we head into the session. oil and gas down .50%. travel up 1.5% expecting a busy weekend at airports for people traveling for easter and banks, we had bank earnings from the u.s it is feeding into positivity the ecb decision later today firmly no policy changes expected we were speaking to someone this morning. don't expect one until 25 bips until october. we had other rate hikes. brian, not expected to move much >> rosanna, is part of that because, you know, unlike

rosanna lockwood is in london with green on the screen we like to see that on a friday, ro rosanna. >> thank you, brian. there is a lot of green out there. as you can see, the cac and dax have been up 1.3% so far in the uk, minor exposed stocks. ftse up. what we have inherited here is the leave from asia. the tech moves were something. that has really fed into the tech story as well we can't say it is all to do with asia, but independent tech stories. especially dutch tech stocks the broader euro stoxx 600 is up, but not up as much as one would hope the last trading day of the month of april and we are glad to see positivity out there. it is overall not a great month here as it hasn't been for you in the states. we are dealing with the macro factors as well. >> rosanna lockwood, thank you very much. green on the screen. what about the asian markets chery kang has that from asia. >> reporter: a couple of factors firing up chinese stocks and technology names in hong kong. beijing is promising to step up its policy support that is coming from the bureau meeting. overall mood is good shan

let's move to the trading in europe with rosanna lockwood in the london newsroom. good morning >> reporter: good morning, courtney despite the gloomy economic caterindicators out there with russian gas, the markets are looking relentlessly positive. this is on the earning basis ftse 100 up 9% i want to show you the cac moving in lock step this morning. both up 2% the total energy proposing up the cac. it is all about earnings let's look at the banks in uk. standard chartered exceeding the previous stated guidance the british lender reporting a 5% rise in the quarterly profits. currently up is 15% higher they were higher in hong kong as well let's look at barclays that bank pausing a 1 billion pound share buyback program while it deals with the fallout in trading this revealed it mistaken the products in the u.s. and dealing with authorities courtney >> interesting wrinkle rosanna, thank you very much. >>> let's get a check on the top stories. silvana henao is here with those. >> good morning. a arcegos founder is charged after the fraud allegations. charged by fede

let's get that and trade with rosanna lockwood in the london newsroom good morning, rosanna. >> good morning, brian yeah, good news story for germany and good for switzerland and france not so much in the uk. ftse 100 in london is basics exposed. there is stuff going on with the surge in commodity prices and problems with shipments in china. the cac up 1.25% the presidential election race going on the dax in germany is up 1%. switzerland is up .50% nestle confirming the target after first quarter organic sales rose by 7.6% the swiss group saying it expects the trading operation profit margin to be between 17% and 17.5%. it will pass on the rising costs to customers adding it raised prices more than 5%. nestle trading up .25% and look at abb. jumping 20%. also reporting strong orders of over $9 billion. the group saying cash flow for the quarter came in at minus $573 million looking to support delivery from the order backlog which is up 5% brian. >> abb is getting an a plus this morning. rosanna lockwood, thank you very much >>> now some of the top stories states side. including one o

rosanna lockwood is in the london newsroom with more. good morning, rosanna. >> reporter: good morning. you are right. we are certainly having a negative morning in europe all of the major indexes in the red. ftse 100 in london is energy exposed and mining exposed it is spiked by commodity prices down only .40% and cac here is actually down .9% the dax in germany down over 1% in the red. and a major investor in deutsche bank you see selling heavily. down almost 10%. investor shed a large stake in both of them the position is 5% holding in both of the banks. now cnbc is working to confirm who the investor might be. plenty reporting that capital group may be one of the people in the running or institutions in the running with the stakes in the banks we had statements this morning saying they are confident in the strategy and nothing has changed. saying all is par for the course we are confident in what we'ring doing. back to you. >> thanks, rosanna >>> to other top stories, including the cost to buy a home is more expensive. bertha coombs

rosanna. >> brian, we joined the race here it is a negative open. four days off for the easter weekend. we closed lower for the second consecutive week in a row when we closed on thursday. we opened heavily in the red. ftse down heavily. down 1.9%. it could be that we are heavy commodities and heavy banking in switzerland. let's give you a look at fixed income in europe a similar story to what you were talking about. bonds setting off. yields hiking up 10-year has risen to the highest left since late 2018 in the uk the shorter end at 2-year at the highest end since 2016 a worry of the recession we will keep a look at the 10-year bund in germany. you have been saying there is not much new out there it is the overhang a negative factor regarding inflation and monetary policy tightening and what is happening in ukraine >> rosanna lockwood in london. thank you. good to see you. welcome back. >>> to the key business headlines and the latest on the twitter drama with big money ready to get behind elon musk elon and his twitter bid. silvana henao has that

a similar story in trading in europe rosanna lockwood has the look at the trade around the world rosanna, good morning. >> good morning, brian inheriting the inflation in europe feeling negative across the boards just the cac in paris in the green. i'll come back to that focus on the ftse 100, d down .50%. focus on the ftse which is holding up well, but not today dax in germany is down cac up under .50%. moving around in the session today. back on the flat line and bouncing back up the euro/dollar. it is all about the french elections. marine le pen and emmanuel macron leading the way into the april 24th runoff. the euro/dollar. it is not finding bullish sentiment. up .25% against the greenback as we head into the april 24th final round. >> we have circled that on the calendar thank you, rosanna lockwood, in london. >>> let's get back to the corporate story. elon musk twitter saga he decides not to take a seat on the company's board after buying nearly 10% of twitter. bertha coombs is here with more on the latest twist. i'll not say it is getting weird, bertha, but it sure is interesting

rosanna, these date from early in the pandemic.in the u.s. certainly more in the east. we'll have more as the week goes on, on "way too early." cnbc rosanna lockwood live from london. >>> still ahead, we'll turn back from yesterday's shocking subway attack in brooklyn. terry monahan joins us live with insight how investigators are handling the massive manhunt. we'll be right back. staying up half the night searching for savings on your prescriptions? just ask your cvs pharmacist. we search for savings for you. from coupons to lower costs options. plus, earn up to $50 extra bucks rewards each year just for filling at cvs pharmacy. my asthma felt anything but normal. ♪ ♪ it was time for a nunormal with nucala. nucala reduces asthma attacks it's a once-monthly add-on treatment for severe eosinophilic asthma. not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occured. don't stop steroids unless told by yo

lockwood in london good morning, rosanna. >> good morning, brian yeah, let's start with these european markets they've been slightly greener today after we closed down quite heavily in the red on tuesday. 0.3% it may be dragging on the sliding shipments. look at the presidential election rates ongoing and consumer space very strong let's take a look at the yields you wanted to look at. the bund and this, i raise you 2015 in tuesday's session, it hit a high not seen since 2015 you have to have your 1% hat for that meantime the one-time here, it's at 1.929 again, highs not seen since 2015 late in tuesday's trade, but i did promise you some earnings as well because consumers, banks as well, interesting stories here in europe. credit suisse, let's start there. the bank has a first quarter loss due to high provisioning. there are high costs around 700 million swiss francs but look at this danone up. you have baby food and dare products also just eat takeawa. europe's largest meal delivery company has grown. grubhub was bought for $7.3 billion, up just over 4% back to you, brian. >> one of m

cnbc's rosanna lockwood, live from london.till ahead, today, president biden is asking americans to quote look at a crime for survival and look at climate challenges on this earth day. next with "way too early." next with "way too early." ♪ ♪ ♪ ♪ ♪ ♪ voltaren. the joy of movement. this is a hero, walking his youngest down the aisle, which to his bladder, feels like a mile. yet he stands strong, dry, keeping the leaks only to his eyes. depend. the only thing stronger than us, is you. >>> millions of people around the globe are marking earth day today. while it is not a federal holiday, in the u.s., it helped spur the creation of the environment protection agency in the 1970s as well as the passage of multiple environmental laws, this year's theme is quote best on our planet. and we have seen position in curbing greenhouse gas emissions including a rise in electric vehicle sales and investment in clean energy infrastructure but multiple climate reports over the years show there is not enough to avoid certain impacts including se

. >>> time now for business and for that, let's bring in our friend cnbc rosanna lockwood who joins useconomic report. can the stock market continue that momentum today? what are the early signs? >> early signs not good unfortunately. with a negative outlook on the u.s. futures, all main indices. tech is the big story of the day. amazon over 9%. after reporting earnings. and investment really not going down so well. and apple slightly lower. tech from asia might have been the gift for all people, the tech index in hong kong up about 10% today. more fiscal support from beijing might be supporting china more broadly. that is a green start in europe and maybe we can give it to you guys, too. >> let's hope. we heard yesterday that the u.s. economy shrank in the first quarter. and if it shrinks again for the current quarter, we'll officially be in a recession. tell us more about that. >> yes, it's been a concern that we've been highlighting for a few months now and especially for the fed as well. we w-run away inflation with prices getting higher, they raise interest rates and they don't wa

and for that, let's bring in cnbc's rosanna lockwood who joins us live from london. to see you. good morning. wall street is bracing for another tacked week of earnings reports including those from major tech companies, like apple and amazon. give us a quick sense as to what investors should expect. >> yes, i wouldn't be too optimistic, unfortunately, happy monday, john, you remember netflix earnings last week were pretty disappointing. it is going to be a bumper week, over 100 companies will be reporting this week, and key to think about is forward guidance, what the companies think will happen to the economy heading forward from here, with the ongoing issues of supply chain disruptions and run-away inflation as well, are they imparting those cost increases on to the consumer? what does it do to their margins? and really when we think about the market today, we're thinking about a lot of red and what was a tough end to the market last week is turning out to be a very tough start today, john. >> obviously, we've all been watching the economic implications of the covi

i meet rosanna morrill, director general of tourism on the bali arctic islands senora what are you out of the name of gina, missus moody you there is war in zachary, in the middle of europe. what does this effect tourism here on my orca ocoee in majorca says him, but i felt like us now we are of course affected by the war and i thought of place all countries are affected because i mean i lost i thought it and not only the tourism salary, but production and infrastructure to allow mine. okay. let it lapse have been in the war and human suffering have consequences for all of europe and tourism is no exception. we haven't did that mean they went off of him. okay. in broke some of them in the next few weeks and months things should really get going again with tourism. are you hoping for as many vacationers as possible? how do you see it by yourself enough or seem that oh go moreover, when are not others asked them as they have they don't? well, just this february we passed a law that puts a cap on the number of hotels and vacation accommodation on the bali re island, estimated by gotham al

i meet rosanna, maria, director general of tourism on the bali arctic islands. senora what are you out of the name of la, mrs. marie you there is war and your cree in the middle of europe. what does this effect tourism here on my orca hockey and my orca says him breakfast that focus maybe are of course affected by the war and i thought of place all countries are affected because i mean i lost it, but it and not only the tourism salary but production and infrastructure to that, i'm all my know, good love it. it's, i've been in the war and human suffering have consequences for all of europe, and tourism is no exception. we haven't did that mean they went off with the film. okay. in less books am awesome and the next few weeks and months things should really get going again with tourism. are you hoping for as many vacationers as possible? how do you see it in my york on through apple? seem that oh, go morally. when i'm not asked them if they, if they don't, well, just this february, we passed a law that puts a cap on the number of hotels and vacation accommodation on the ballier island sc

i think there was as wide spread agreement among rosanna. this and it said that i'm russia for a quick success with in the 1st couple of days. and that has clearly failed. even the extent military campaign am focusing on entrenching some russian forces. north of keith and denton succeeded. is always seeing anita and military reorganization of re privatization of goals focusing on the south and east green. and what about the re shuffling that we're seeing at the top of the russian military? there is a new general in charge. now, alexander diviner cough and he has a reputation, not a good one for what happened when he was overseeing the war in series. that's correct. the whole russian compared against ukraine was marked by incoherence and consistencies. technically, operationally, we had a couple of bad commanders in charge of different theaters. and now it's, it's be consolidated. this whole russian campaign against a crane on the i'm going to turn to during the call was indeed lead to russian campaign against syria. when russia 1st intervene

believe that in fact in china was probably happier working with a government led by former prime is rosanna na street which was known to be much more much more competent for and, and, and you know, i had sort of economic management at its size on it for us on it, sorry to interrupt you, but we just have about a minute left. i just went out one last question. do you believe that there's a chance that all this political turmoil could actually transform into violence or more instability? oh, well, you know violence. there is always a risk of fathers are in boxes at the moment. i think, you know, we just have to wait and see how the situation pads out, but there's no doubt that's politically the atmosphere is extremely dense. and you know, we really do need a speed the resolution in boxes or if the situation is not going to deteriorate. all right, well, we have run out of times we're going to have to leave the conversation there. thanks so much. all of our guests myself outta for is on a shake, and shiraz parachia and thank you for watching. you can see the program again any time by visiting ou

rosanna, good morning. >> reporter: good morning. i'll start by giving you the look at the morning in europe. heavily in the red the ftse 100 in the uk where it is energy focused. propped up by the spike in commodity prices cac is down .80% it had a positive day yesterday, but not today. germany. the story today. dax is off you mentioned the details. a major investor in both doobz an deutsche bank and commerz bank you have. then down 8% today. this is an undisclosed investor cnbc is working on confirming this capital group is one that had stakes in both banks a lot of focus on them of course, this follows the private equity group shedding positions in the banks a lot of focus on german lenders. both have come out in the last two hours saying we stand by our strategy nothing wrong with what we are doing. it is all par for the course putting aside a notion of a story specific reason for the difficul divestment >> rosanna, thanks i have austria on my mind. did you read your paper, sorkin? the front page piece got my attention. i got ver

session we are in for a difficult start, rosanna. >>> let's talk markets with the senior investment market analyst. great to have you with us. the battle with growth and taming inflation the growth concerns outweighing today with regards to china. do you think the markets are shocked by what is happening in shanghai >> yes, i do think when you see those images of fences erected around homes it is almost a s synonyn for what is happening. there is worry that parts of the chinese economy will be fenced off and that will mean that growth will ship slow and sharply. those are indications coming through. that's why you see indexes falling sharply. there doesn't appear any end in sight. >> our apologies. we are losing your audio we will try to reconnect that. julianna, what we are talking about there with regards to growth i have been speaking to people over the weekend who say it feels like people are not taking china seriously enoughes in the west we have a different way of living with covid. we have moved on it is hard to switch that gear some people are deep in lockdown in shanghai. i have a

cnbc's rosanna lockwood live from london. thank you so much. >>> still ahead, the u.s.the pandemic. >>> plus, a push by the white house to make covid treatments more available for everyone. we'll talk about all that next with msnbc medical contributor dr. patel. don't go anywhere. ♪♪ tel. don't go anywhere. ♪ you know how i feel ♪ (coughing) ♪ breeze driftin' on by ♪ ♪ you know how i feel ♪ copd may have gotten you here, but you decide what's next. start a new day with trelegy. ♪ ...feelin' good ♪ no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. it also helps prevent future flare-ups. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems

rosanna: let's focus on palladium for the moment.re off the month hi but if we stretch this picture you can see where we have been and tell us where we are going. >> i think palladium prices are taking a breather because they went up to an all-time high on the back of the russia ukraine situation and that was because of the supply situation and the disruptions being that russia's largest producer. the prices are coming down and the reason for that platinum is able to be substituted one for one for palladium and catalytic converters or cars. if you are not a maker and you can buy platinum at a third of the price you will probably think pretty hard about doing that. liz: the auto stocks have a whole bunch of challenges that ship makers are slowing things up because they have supply chain issues that how does this fit into the bigger picture as we head into the second quarter. >> the bigger picture this is all part of the inflation story that has really been with us at the beginning of the year, but it's just exacerbated through the cri

. >>> time now for business, and for that, let's bring in cnbc's rosanna lockwood who joins us live fromstocks fell yesterday. seemingly over concerns of the federal reserve's plans to combat inflation by increasing interest rates. how does it look like in the rest of the world? >> inflation front and center, on everyone's minds worldwide at the moment, the overarching impact on every market. in europe, we acquired kind of a mixed lead from the asian stock market overnight and a very negative day, on this tuesday morning, with all of the major board indexes, in europe, in the red this morning. the most though, the dax, in germany, not surprising, because the big story in the european markets today, but it is going to continue stateside as well, that this investment in two major german lenders, deutsche bank and another bank have sold a 5% stake in the lenders, we don't have it confirmed yet, although that reports are out that capital group has stakes in both of those banks, and it has seen its shares actually plunging in the banks this morning, 10% in the red. and both banks are confiden

. >>> time now for business and let's bring in rosanna lockwood joining us live from london. over primarily worries about inflation. investors are going to be keeping a close eye on corporate earnings this week. what can we expect? >> yes, it can be an interesting one. for the first quarter. and the disappointment is expected, with such strong results a year ago bouncing out of the pandemic for banks and this is baked in for the companies, and netflix reporting today, particularly interesting to watch that, because when they pulled out of the russian market, they lost around a million subscribers, which will have an impact, and some people are also saying that the streaming boom is over. that kind of huge boom we had through the pandemic. because of the cost of living crisis being felt in the u.s. and u.k. and elsewhere, people are cutting back on most of the nonessentials like netflix. so let's wait and see for that one. regarding other things, equity markets in the red, and comparing easter weekend, heavy in the red, and fixed income marks, very volatile at the moment and b

this year around rosanna is live in new york for us. so what happened in an under his 1st quarter paris today? well, it's rare that you see a former president or head of state being drugged to the united states in handcuffs and facing justice. and that's exactly what we saw here on friday. hernandez 1st appearance here in federal court was via video link because of covert restrictions . it only lasted about 15 minutes or so, and he appeared on the video link and he only said a few words. yes, your honor in spanish a few times when he was asked if he understood what was being said to him. it was a pretty quick appearance where the, basically the charges against him by the government were laid out charges of drug trafficking and conspiracy. u. s. government said that he was a, accuses him of being a major drug trafficker for well over a decade in honduras up in till even this year when he was arrested in honduras in february. now the arraignment will be scheduled for next month. but the bottom line is that this was his 1st court appearanc