i'm julia chatterley. >> and i'm ross westgate.e your headlines from around the globe. >>> carrefour and richemont post higher retail sales. >>> goldman sachs and citi are set to report a day after bank of america reported better than expected fourth quarter figures. >>> japanese companies suggesting they may be ready to send in a big way. >>> and a shake-up at yahoo! asthma ris sa mayer ousts the top executive a little more than a year after poaching her from her former employer, googlforme. >> thank you for joining us here on the show. let me give you a look at how the u.s. markets are trading ahead of the u.s. open. and bucking some of the trend that we saw, the gains in yesterday's session. we have the dow futures here indicating lower by around 19 points. we've got lower, too, for the nasdaq. yesterday, the markets are so far indicating by around 2 points. let me give you a look at the largest 300 stocks across europe. a relatively boyant session, in fact, in asia. but to the downside for the european markets here, let me show

i'm ross westgate. the headlines today from around the globe, unilever sales jumped on better-than-expected earnings. the ceo told me in a first on cnbc interview that the company still faces emerging market headwinds. >> the markets used to grow at a composite of 6% to 7%. it's now more 5% to 6%. we have to deal with that. we have seen that significant slowdown for growth in major markets. brazil. >> on the downside, dsm, the dutch chemical's group misses full year targets. the ceo sounding cautious on emerging markets. >>> europe is more or less flat. united states has some modest growth. and emerging economy growth is slowing down somewhat. so let's be realistic. >> the picture even worst for alston. the power giant cut its target on weak utilities demand. plus, the pboc dumped billions of dollars worth of cash into the financial system bringing down money market rates and easing money market fears ahead of the lunar new year holiday. >> announcer: you're watching "worldwide exchange," bringing you b

i'm ross westgate. the headlines today, highway to the danger zone. record low inflation in the eurozone putting increased pressure on the ecb to deliver more easing measures. what are the chances of mario draghi surprising us today? >>> mark carney surprising the central bank. will they lower the unemployment threshold? >>> china is leaving room for more pro growth policy. deflation over weak demand. >>> and bah humbug. the uk retailers are disappointing sales sent morse onnis and tesco sales down to the bottom of the stoxx 600. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> hello. very warm welcome to today's edition of "worldwide exchange." plenty to get through. it's d-day for some of southeast asia's emerging markets as they size up the u.s. quantitative easing. we'll get the latest from singapore in around 15 minutes. >>> we'll be speaking to the ceo of exxon about how shale is changing the world's biggest economy. >>> after months in the shadows, edward snowden is expected to give testi

i'm ross westgate. the headlines today from around the world, turkey sparks a global rally, surprising investors with a global rate hike leaving equities here in europe. deutsche bank's ceo is due to step into the limelight at any moment to justify their immediate outlook as sunday's profit warning cast a shadow on today's figures. we'll see the change later today. >>> a 7% fall in christmas sales force tess british fashion how mull bury to lower its earnings forecast. that sent shares down by more than 20%. >>> and president obama seek toes jump start his agenda pep told lawmakers he's eager to work with them, but he'll go around them to get things done. and america does not stand still and neither do i. wherever and whenever, i can take steps to expand opportunities for more american families, that's what i'm going to do. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. warm welcome to today's show. we're going to kick off with a look

i'm ross westgate. here are the headlines. central banks tackle emerging market fears head on as investors now awake to tightening out of turkey's emergency meeting tonight. >>> european banks confirms its full year targets, banks do an aggressive cost cutting program. >> i would not be overly optimistic about the european environment in europe, the emerging economies are still pretty strong. there is economic growth. >>> the ukrainian prime minister resigns as the parliament opens an extraordinary session. but u.s. and european leaders urge kiev not to declare a state of emergency. >>> plus, apple loses its shine. first quarter results top forecasts, but iphone sales and the company's second quarter outlook are quite a long ways short of analyst expectations. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> and a warm welcome to you. plenty more to come on those stories a little bit later. jules is in brussels. jules, what's coming up then today?

i'm julia chatterley. >> and i'm ross westgate. these are your headlines today from around the globe. >>> a game changer for apple. tim cook says the deal with china mobile will provide access to a very fast network. >> it's a watershed day for apple. it's a huge announcement. i am so honored to be doing business with chairman xi and china mobile. they have the largest network. we are incredibly impressed with them. we have deep respect for them. >>> are emerging markets at most risk for contracting because of impact of fed tapering? >>> and george osborne warnings that the european union is falling behind india and china and calls for immediate reforms. >> of the next 15 years, europe's share of global output is forecast to half. make no mistake, our continent is falling behind. it can't go on like this. >>> gm is bringing back a quarterly dividend, as well. on the back of strong sales, the automaker last year. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> if you're just t

. >> and i'm ross westgate. here in the studios in london, these are the headlines. >> the policy has worked. policymakers from across the grove in the cnbc debate defend forward guidance and their extraordinary actions during the crisis. >> and you've set up this debate as a debate about exits and exceptionally supportive monetary policy. that in itself is a mark of success. >> and also at the debate, cautious optimism over the state of the global recovery. former treasury secretary larry summers says the u.s. recovery hasn't been what he hoped. speaking earlier to cnbc, prudential faces the futures bright stateside. >> the u.s. consumer is back. business was excellent across the u.s. and that means that all the factories and all the companies producing goods for the u.s. markets will continue to do work. >> european stocks with china growth fierce and mixed u.s. earnings put the dow and the s&p 500 on track for the worst performance in six weeks. and a third explosion rocks cairo after two separate bombs kill

i'm ross westgate. here are the headlines.f, a goodyear firm says they refuse to talk until tire workers release two managers being held hostage. a union representative tells cnbc it will go on. samsung's fourth quarter guidance misses estimates by a mile thanks to a big bonus payout for employees. just as smartphone sales are under pressure. >>> wearable devices, big tvs, they're all hot devices at this year's consumer electronics show in vegas. but it's a high tech mrunt blunder by a big hollywood director that is generating the most buzz today. >>> and a deep freeze has gripped much of the u.s. is now moving east and south forcing schools and business toes shut their doors bringing air travel to a near stand still. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> welcome to "worldwide exchange." if you've just joined us stateside yesterday on equity markets is are down 411 points. don't forget, of course, the first time since 2005 we've had the first three trading days

i'm ross westgate. the headlines today, the good, the okay and the pretty ugly. british retailers experience a mixed picture over the christmas season. >>> air france shares soar. the market opens isn't always a success for asia. >>> deflationary eurozone pressures will back jack lew's policy as the treasury secretary lands in berlin. >>> and look at confirmation of the fed's decision to taper its bond buying program. >>> hello. a warm welcome to today's edition of on "worldwide exchange." there's some 50 ipo ons that are going to list in china this month as the end of beijing's freeze on the offerings comes to an end. at 10:45 cet, persimmon announces a 28% jump in full year revenue. are the policies of the british government constructing a profitability 2014 for the nation's house builders. and a very happy birthday to king jong un, or is it? we'll be joined by a guest who says it doesn't matter what the north korean supreme leader was born. china is looking at new ways to control the situation. >>> f

i'm ross westgate. china gdp expands at the lowest pace in 14 years. investor reaction is muted because growth is still above forecasts. >>> a $1 billion euro loss. more pain to come. deutsche bank opens sharply lower after a grim set of fourth quarter numbers with litigation and restructuring costs eating into profits. >>> and ab buys back the oriental brewery for four times it sold the group for back in 2009. >>> and the french carmaker's board approves a $3 billion euro capital hike. >> you're watching "worldwide exchange" bringing you business from around the world. >> if you are just joining us stateside, there's a holiday in the u.s., so why are you up so early watching us? if you are, enjoy your martin luther king day. china's growth slowed to 7.7 in the fourth quarter. growth in factory outlook lost steam in december while retail sales saw domestic demand. the country's home prices were up 4% last month, a touch slower than november's pace of .5%. eunice is in beijing crunching the numbers for us. a slowdown on investment spending, a little mor

i'm ross westgate. europe follows asia lower.hinese manufacturing numbers with weaker. >>> hanging up on hand sets, google gets out of the business of smartphones. nearly $3 billion just two years after buying it. royal dutch shell, a bright spot among european earnings. it's going to cut spending and step up asset sales. and investors he will wait to see if a recovery can continue. we've got fourth quarter figures today. release at 8:30 eastern. growth is more than 3%. dow down 189 points yesterday. the s&p down from 18 to lows we haven't seen since november. futures suggesting some of a bounceback this morning. currently, the dow is called up some 57 points, something like that, above fair value. the nasdaq at the moment is around about 23 points. and the s&p 500 at the 340e789 is about 7 points above fair value. the s&p 500 has improved just a little bit. still down 0.3%. not the best of days today in asia. china haas now concluded its trading as it goes into the week long holiday. european equities, again, just up this mornin

i'm ross westgate. headlines today from around the globe. it's all about the u.s. employment report today. is growth going to be strong enough? >>> china stops global trade in 2013, but has missed its target for something of a missed picture. december exports slip on weaker overseas demand, although imports seize expectations. >>> and shares of alcoa dropping today continuing low aluminum prices and a big write-down against the company's fourth quarter results. >>> plus, good times ahead for swatch. shares in the swiss watchmaker tick higher after the group forecast dynamic growth despite lower sales in china. display you're watching "worldwide exchange" bringing you business news from around the globe. >>> hello and warm welcome to you stateside. welcome to the start of your global trading day here on cnbc. employment friday. ahead of that, u.s. futures are ticking higher yesterday after the dow was down 17 points. first back to back loss for a while. but this is where we stand. at the moment, we are c

i'm ross westgate. the headlines today from around the globe, the less than stellar start to the new year for european stokes after trading muted weak pmi numbers. eurozone pmi data is out now. >>> the italian giant of the auto world is gaining focus with chrysler on a $3.5 billion deal paying less than the market had expected. >> samsung is down to a low, missed earnings forecast amid unfavorable currency moves and shrinking margins. john lewis rings in a record christmas season, but the cfo resigns following a profit warning earlier in the week. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. . >> and a warm welcome to the first "worldwide exchange" of 2014. we kick off the data out of the eurozone. manufacturing pmi, 52.7. that was in line with the flash number a few weeks ago. it is the highest since may 2 1 2011. we did see producers reporting further growth of new orders, exports and backlogs of work says market for a good 2014 which compiled t

i'm julia chatterley coming to you from davos. >> i'm ross westgate.are the headlines from around the globe. >>> hording cash. companies are sitting on a $.8 trillion cash pile as they are reluctant to spend. >> investment is about half the cruising speed and investment is tomorrow's growth. that should concern us a lot. >>> the sun is shining. economists barry eisengreen says investors should be ready for a stronglier stateside. >> i am confident about the prospects for the u.s. economy and indeed i'm more optimistic than the consensus. i think 3% growth in 2014 is a slam durnink. the stars are aligning for the united states. >> shares in apb fall after the swiss engineering giant warns due to project delaying and restructuring costs. the ceo said they have turned the corner. >> how fast we can get speed as kro the internet is extremely fighting. we've been testing g fast which allows you to get over a gig into a premise and i think a few years ago nobody would have thought that would have been possible. >> and the mountains of davos may have nothing

i'm ross westgate. your headlines today from around the globe, the markets seeing red. u.s. equities dropped on the first trading of the year for the first time since 2008. stocks in europe are holding near the flat line. >>> between the german and spanish ten-year yield, spain's unemployment dropped more than 2% in december. >>> and time for new leadership, india's prime minister says he will not seek another term in general elections following his party's big defeat in recent state polls. >>> plus, it's a virtual winter wonderland in the northeastern u.s. major storm dumping up to two feet of snow in some areas causing a travel nightmare for drivers and airlines. >> announcer: you're watching cnbc world news, bringing you business news from around the globe. >> a warm welcome to "worldwide exchange." it's january 3rd. advancers outpacing decliners. trending around the flat line, just above it as you can see. the ftse 100 today is flat, just down three points. nationwide saying we've seen the biggest monthly jump in over four years last month, a 1.4% surge in house prices i

. >>> ahead of the big match we sent ross westgate off to talk to a current nfl player and someone whoas played in a super bowl. that is brennan deed diedrich. we asked who he thought would have the edge this weekend. >> i think the real matchup is between the seahawks offense against the broncos defense. whoever wins that battle will win the game. >> how about peyton manning? we're now in a cold open air stadium. does that make it harder for the quarterback? >> it can. in this anytime you put the elements to the game, you know, the receivers catching the ball, cold hands, if the field is sloppy, footing and things like that. but i mean, these guys are the best of the best. they worked hard to get to where they're at right now in the nfl and it's the biggest game of the year. so i don't think they're going to worry too much about the elements affecting their game. i think it will be a pretty competitive match. >> what is it like as a player just before you get into a super bowl? what is it like when you run on to the field? >> it's amazing. it's kind of a surreal feeling in a sense, yo

ross westgate is standing by in london. ross, they're talking about deutsche bank over here, over there and it seems everywhere else this morning. >> yeah. deutsche bank surprised yesterday, came out with numbers ten days earlier than expected. they made up a quarterly loss. even when you stripped out the exceptionals, only a very small profit from fixed income trading, as well. basically, huge litigation rolled into that. they said 2014 is going to be fairly tough. they will hit their target in 2015. but look, it's a bumpy road ahead for deutsche. today we rebound from those losses, 6 to 4 at the moment. advancers currently outpace decle decleaners. the ftse is barely flat. got up 0.4% for the ftse mib, as we well. back of them expected. unilev unilever, its competitor of procter & gamble, of course, had come out in the third quarter with a profit warning, its first in ten years. today, it was nice for investors to see something that was better than expected, stock up 3%. it will be interesting to see how this compares with

i'm ross westgate.ld be facing another fine as they announce a settlement this week over failing to warn over bernie madoff's ponzi scheme. >>> the pmi numbers are out with the service industry expanding on the fastest pace in six-and-a-half years. and sector growth was down to a two-year low in december. george soros is calling china his biggest concern of 2014. >>> and as clashes in cairo leave 17 day, the egyptian prime minister tells cnbc that the muslim brotherhood is no longer welcome in his country. >> politically, they feel more and more isolated. they are in a state of denial, so they are really in a corner. >>> plus, residents from a midwest, northeast and midatlantic are being urged to bundle up as a deep freeze is set to hit much of the u.s. this week. >>> you're watching "worldwide exchange" bringing you business news from around the globe. >>> hello, warm welcome to you. if you are just joining us stateside, welcome to the start of the global trading week here on cnbc. we kickoff a look at

i'm ross westgate. weak conditions and higher costs for its lowest fourth quarter forecast. >>> a shock analyst claims hsbc overstated assets claiming it was a $111 billion capital hold. other analysts took a more cautious view. >>> game over for nintendo, at least this year, pushing a profit warning on weak console sales. japanese gaming unit now forecasts an annual operating loss. >>> and intel's fourth quarter figures missed forecast. the company giving fourth quarter guidance raising fresh concerns about global i.t. spending. hello. warm welcome to the presume. plenty to get through and lots of news. also coming up on today's show, as taper takes its toll, goldman sachs speaks income trading, we'll speak to the ceo of the international giant about the impact of markets. he'll join us at 11:20 cet. >>> china mobile is now selling the iphone 5 after six years of negotiations. we'll have the latest from beijing with all the action. that's at 10:45 cet. is nintendo losing the game? japanese gaming giant

now we get to london and ross westgate and, ross, we're complaining about the cold here. how are you feeling this morning? we're okay. we're a little wet in the uk. we have storms coming in with high tides and a risk of flooding. but we used a bit of rain, as you know here in london, becky. meanwhile, lightly warmer. we're weighted to the upside, a little bit more than seven to three, advancers outpacing decliners on the dow jones stoxx 600. translating into slower gains this morning. the ftse 1 00 currently not doing too badly. just off 0.1%. the standout stock is next. sales up nearly 12%. november the 1st to december the 24th. they've raised the annual profit forecast, as well. next step stock up 8.5% this morning. xetra dax and the cac 40 up 0.25% each. and the ibex up 0.4%. while that is done, it has pushed the spread between spanish debt and german bunch to under 200 basis points. it's the first time we've seen that since mid 2011. there will be some debate about what happens as u.s. yields continue to rise about what happens to this space. but below 4%, that's help

ross westgate is standing by in london. ross, good morning. >> hey, becky. a very good morning to you. on this jobs friday, we are weighted to the upside. a short while ago, european stocks hit their highest level of the session so far. just about 8 to 2 at the moment. advancers currently outpacing decliners on the dow jones stoxx 600. up about 0. % in that particular understandsy. the ftse yesterday was down some 30 points. this morning, take a look. you can see we're up 58, up nearly 8%, 0.8% at the moment for the uk market. it is still essentially flat for the year. one day of gains, one day of losses, that's been the apparently. xetra dax is up 0.8%. the cac 40 is up 0.65% and the ftse mib up 0.4%. industrial manufacturing came in weak. as you can see, break down the sectors for you. no sectors at the moment are in negative territory. the weak is food and beverages. household goods, insurance doing fairy well. travel and leisure picking up, as well. that's mainly due to lufthansa, the german airlines predicting fuel costs will decline and target an opera

the global markets report with ross westgate standing by in london. good morning to you, ross. >> hey, andrew, very good morning to you. you can see plenty of red on the dow jones stock 600 board behind me. decliners here by 8 to 1 after the moment. and we are down on the session. the losses aren't huge, only up a percent for stocks 600. the ftse down 2.4%. one of the bigger losers today up 1.5%. and the dax is near a half percent low. the ftse of italy is lower 1.2% today with banks of italy under pressure with a rights issue in the first half of the year posting a bigger loss of $600 million euros in 2013. large loss provisions, there are concerns about whether the rest of the sector will face similar things. back to the ftse down 1.5%. the reason for that is vodafone currently up 5.8%. the stock has been up 30% since selling off verzizen. plenty of speculation for at&t. there was greater speculation over the weekend that the at&t chief spoke to the commissioner in charge of things like telecom to approve any kind of deal. so there's been speculation

ross westgate is standing by in london. good morning to you, ross. >> andrew, very good morning to you. we are firmer this morning. the dow jones stoxx 600 advancers outpacing decliners bay ratio around about 7/2. the ftse 100 yesterday was down 113 points. we had a bit of a move higher this morning, up 27. 0.4% higher. gdp, we have the first numbers of gdp for the uk came in as expected, up 0.7% quarter on quarter. the annual rate of growth, 2.8%. that's about the best we've seen since 2007 for the year as a hole. it was 0.3% in 2014 and that's better than anybody was expecting this time last year. there was still plenty of room for a bit of catchup. it's another amount of huge reaction. the xetra dax up 0.7%. cac 40 up 0.8% as well as the ftse mib. they had a zero coupon bond earlier today. the notable thing about that was it's the lowest money they pay for that bond since they launched into the euro. so funding costs continue to decline fop eurozone cubs posting financial crisis. dollar/turkish lira, 2.2674. the central b

our good friend ross westgate is standing by in london. ross. >> andrew. very good morning to you. equities here in europe are trading higher at the moment three hours into the trading session. 7 to 3 advancers outpacing decliners at the moment on the dow jones stoxx 600. and we're up near the session high. the ftse yesterday was just up some 9 points. it was down, got turned around by the turn around in u.s. equities. it was currently up another 20. george osborne this morning, the chancellor has been laying out his ideas about how we need to reform the european union both in terms of its economic competitiveness and its constitution, as well. the uk is facing a referendum sometime in 2017 if this current government is re-elected on whether they should stay in the eu. world bank report helping a bit, as well. break down the sectors this morning. there's only one that's negative and that's food and beverages, off 0.5%. otherwise, very much weighted to the upside. doing fairly well, banks, insurance and resources. that's the impact of the world bank support up 0.9%. it's down from 1

ross westgate is joining us now. what can you tell us about the market there?> good morning, electricky. we'll talk more about that goodyear story, as well. right now, stocks even stevens decliners versus vnsers. although we're up, when you break that down and look at the indices, it's a slightly different picture. the ftse has been flat since the start of the year. it was flat last year, up about 0.3%. now, the german and french markets, up about 0.6% at the moment. the red inflation tipping down to 0.8% on the year. the core number coming in at 0.7%. now ecb has a records rate around 2%. but if that continues, they may well be forced to take more action and ease policy more than they extend ltros. but this inflation rate is getting lower may caught them to come up with more action. so we'll have to see what happens with that. but it's certainly worth looking at. take a look at how the sectors break down today, insurance and banks ticking higher this morning. household goods, technology, retail down slightly. but, you know, we haven't got any major moves in ei

ross westgate is standing by in lyndon. i can't help but just wonder what you do on a weekend when there's so many great sporting things happening over here, and was there anything happening over there? i don't know, anything? do you get to watch? do the games get televised over there? like were you able to watch? >> some of the games get televised, some of the football games get televised. we have enough things going on. >> oh, really? >> we're okay. >> like what? >> yeah. well, you know, just the old soccer game, rugby game, cricket going on, there's things happening. it's okay. we're not under nourished, joe. we are not under nourished for the sport. >> i don't think you know -- ignorance is bliss, i don't think you know what you're missing, probably. so in that respect, you're okay. you're all right. you don't know how great it can be. just in general living over here. >> there is bliss in ignorance, is that what you're saying? >> i was saying that. anyway, i see some green. please take us higher for the start today, wi

ross westgate is standing by in london. i hope you're feeling better than some of the people around the table here. >>ly, becky. good to see you. good morning, everybody. european equities just about down on the low point for the session. it's been fairly flat to start electives this morning. just weighted to the downside, around about 5 to 4 decliners outpacing advantagers on the dow jones stocks 600. the ftse 100 was up some 24 points yesterday. first meaningful move of the year. today, it's down 27. so absolutely flat in 2014. the xetra dax and the cac 40 both down 0.2%. we had the latest snapshot of unemployment that has maintained this record high rate in the eurozone of 12.1% now. despite the fact that investors have coming on, no impact in the unemployment rate. in italy, it ticked higher today, 12.7%. the youth jobless rate, now 47% in italy. and with forms flirting with the flat line, there's still concern very much about the economies with italy and france which together contribute around 40% of the eurozone econo