the shanghai composite, closely tracking that. they are hoping there will be more normalization coming into the market if they loosened these rules and allow money coming through. rishaad: ok. what we do see is a repeat of what is going on. let's hope it doesn't happen again. thanks a lot for that. angie: that news is having a significant impact on markets. let's get it back to david inglis who has a closer look at what is happening. rish wereiette and just talking about this. shanghai composite, 12 months, this is the peak before things came crashing down. if you draw a line on the level of margin debt on the mainland market, that actually looks exactly like this chart. it goes like this. if you create a different y axis, that chart is on the website. it's one of our top stories today. up isason i bring this because we are back above 3000 for the first time since early january. breath, is what i would say. we are seeing significant gains across the chinese market. we are taking off at the moment 2.4% as we near the launch break on

--se are the shares of listed in shanghai. the blue line is the shanghai composite.this analysis shows is that as the shanghai composite hits surgebig lows, icbc, they , not consistent with the rest of the stocks in the market or many other shares listed in shanghai, so why are these selected names advancing? the theory is that the state entities are swooping in to prop up the market and the share price of these major chinese companies. this was last summer, july and august, when we saw that trillion dollar market route. you seeward to today, the shares of icbc, the white line, surging. the shanghai composite continues to move lower. this is something investors watch closely. given the national people's congress underway, it is having an impact on asset prices, perceptions of the market, and the trajectory of these markets. this npc is coming to an end, so what are the predictions. realistic trade, more realistic market movement, given the fact that beijing authorities won't intervene in the markets at the pace they have been in recent days. this is something to watc

the shanghai composite of 2.2%. the hang seng in hong kong that barely. the cost in south korea to attend the 1%. japanese banks closed for holiday. train to take a look at the next i care. and france's cac down one quarter of 1%. the biggest gains coming from the german dax up more than half of 1%. in london trying to squeeze out a gain of three points. lauren: in the u.s., dow and s&p 500 positive for 2015. a paris right now. don't you just change from negative to positive. often 11-point yeah nicole: i'm sorry. look at oil. 3871. down 1.8%. gold is down $9. lauren: let's check out the u.s. dollar against the currencies. strengthen the japanese yen once again versus the u.s. dollar. that kind of hurts exporters over there. u.k. time, mexican peso dollar versus dollar. nicole: 1.88%. apple will unveil a a smaller iphone today. it will have a forest is like a pocket friendly. same size as a 3-year-old five s. the new phone expected to have a powerful processor as well as a better camera. apple expected to take the wraps off a smaller version of the ipad p

the shanghai composite up 1.2%. in south korea up two thirds of 1% paid the nikkei and japan can do it. european markets. the only one holding onto the green up one quarter of 1% of the cac down one 10th of 1%. and might not be scary to check your 401(k) because the dow is down 90-point this year. dow futures higher by 35, s&p futures higher by four. dissect features tacking on 10 points. lauren: right now 39.48 is up 1 dollar, up 2.5%. oldest at $35 a troy ounce. lauren: back to the future for your feet? >> arleigh says, all right. lauren: nike makes it official with a southside shoot. one of the biggest banks in the country once the word millennial employees. how does a year of sound? right now you're watching "fbn:am," your first look at morning markets and breaking news. we will be right back. ♪ [alarm beeps] ♪ ♪ the intelligent, all-new audi a4 is here. ♪ ♪ ain't got time to make no apologies...♪ hmm. [cell phone beeps] hey! [police whistle blows] [horns honking] woman: hey! [bicycle bell rings] turn here. ther

the shanghai in chinatown went .3%. japan than a percent pay the cost in south korea without peril. market action in europe began trading in a short time ago. right there in the u.k. up a quarter of 1% ecac up half a percent and the dax and germania path a percent as well. the dow futures are coming back as 17,000. nasdaq futures added 12 points this morning. nicole: let's check out oil. $37.4 a pumice would put a percent. gold in the meantime falling back half a percent at 1257 of trance. lauren: donald chung churns his new conference into an infomercial for all things trump. >> you have the water. you have mistakes. you have the airline that i sold. everyone said you can sell something. lauren: will have a look at that it's almost trump continues to ride the wave of voters favor with the government. you are watching "fbn:am," your first look at morning market then breaking news. ♪ >> by the way, you want to take one, will charge you 50 bucks at stake. lauren: gop tree donald trump -- and the businessmen fontina steaks

the shanghai comp closing up about 0.4%. modest losses in japan and in hong kong. less than 0.3%. >> that, of course, asia's first reaction to those terror attacks yesterday. oil prices off a little this morning, but in general maintaining their resilience of the last few weeks. we're at 41.15 for wti. the ten-year note, interestingly, seeing a little bit of selling overnight. you might have expected buying in a safe haven type trade in the face of geopolitical concerns. the yield ticking up to 1.94. also, some debate on fed speak. some people being slightly anti-yellen in terms of her

the shanghai composite index in china up one 10th of 1%. ei in japan by three quarters 1% and the hang seng and possibly lower. lauren: in europe or the south. but ftse is down 55 points ftse is down 55 points come to see ac 1070 and the dax and germany down 133 points. nicole: u.s. stock market futures are down 114. s&p futures down over 14 right now. dow futures than 150 points? i want to make sure i got the correct. this after five days again. lauren lauren: oil is down 37 cents. gold up $11 to 12.74 not. nicole: coming up from a sports reporter and tv host erin andrews wins big in the lawsuit against a stalker in a hotel were secretly recorded music video shot of her. we will tell you what the jury found. tennis star maria shara popa out with shocking news about a positive drug test. >> out of one to end my career this way and i really hope that i will be given another chance to play this game. nicole: will have all the sports highlights for you. you are watching "fbn:am," your first look at money markets and breaking news. ♪ when you th

the first market in asia to enter a bull market this year. shanghai 1.6%, seven days of gains. it is really about the brokerages. on news, they are using these restrictions on margin trading. we will flesh the story out for you a bit later on. look at specific markets, financials are up very 9% gains for chinese brokers. really liking that news. we'll get to the details, that is also on the website and the bloomberg. this go to china, that will be there. you can see how it is when it comes to the margin finance or margin debt, whichever source, which is why we saw this rally last week. rishaad: thanks. looking at chinese policymakers as they warn of risky levels of debt. this comes days after the national people's congress a priority to achieving 6.5% annual growth. this comes from the pboc government. they say it will be difficult balancing. heidi is having a look at the challenges. no doubt about it, it is tough. positive, itt the is heartening the chinese policymakers have finally addressed the elephant in the room, the credit elephant in the room.

the shanghai composite also lower by 1.4%. n asia, investors continue to keep their eye on the ecb. in austin trail yarks the main index moving higher by about 1% and the hang seng coming in relatively flat, just barely in negative territory. >> shares in takata fell sharply following news the company has enlisted restructuring lawyers in the wake of an air bag recall. shares in sharp have also pared earlier losses on reports that its main lenders are prepared to lower interest rates on loans as part of the foxcon deal. >> that's right. also a big focus on the commodities on the miners here and the latest development is with the metals extending losses. the alliance could see the brazilian miner take up to 15% stake. however, ubs is just among some analysts casting doubt, saying they didn't believe vale would be able to buy the shares up. off almost 3%. let's get another look at the ftse 350 mining index. we had seen quite a strong relief rally here when we look back to the january 20th lows. a big progression upwards of around

that helped close the shanghai index up 4%. question on investor minds is whether this rally is sustainable. over the weekend china will unveil its updated growth forecast at the npc as well as its plans around fiscal stimulus. science of further spending on industrials would be widely seen as a positive for the stocks and economy and the upcoming european central bank meeting on thursday could also lift sentiment if mario draghi cuts rates deeper into negative territory. strategists say that would make emerging market bonds more attractive as yields in europe and japan would likely fall. lastly, keep an eye on u.s. economic data if it continues to surprise to the upside and that results in the dollar strengthening. that could also spell trouble for emerging markets. melissa? >> seema, thank you. >>> dan made it over to the simard board and you said options activity has actually exploded. it did, in the eem, the tracks, emerging markets and today it was actually looked like one trader was rolling out of a bullish position that h

the up arrow for the nikkei up 0.77% of the shanghai in chinatown .7%. own for actually. nicole: were close on friday, so the economic news did end of the month, under the quarter. dow jones futures up 57-point good as in the futures of 7.5 to nasdaq up about 19. lauren simonetti you can see oil islamist of $40 a barrel. gold giving back $6 to $12.17 announced this morning. we are seeing some strength in the euro, u.k. pound canadian dollar was some weakness for the mexican peso in japanese yen against the greenback. >> stanza 1.9%. california lawmakers are poor that they have reached a tentative deal to raise the minimum wage to $15 an hour by the year 2022. if approved, it would adopt a $15 an hour minimum wage. in new york is under negotiation. this do in california could be announced as early as today. raising the minimum wage is a big issue in the democrat presidential contest and cities across the country. lauren: in today's edition of "the wall street journal," oil firms slow expression to cope with low-priced era. the world's biggest oil companies

in china the shanghai composite falling, the nikkei slipping 0.6%. after falling 4 present yesterday crude oil prices right now pulling back even further, down 1.3%. >> a new fox poll shows ted cruz narrowing the gap with donald trump. we have the numbers for you. >> the fbi hires an israeli firm to unlock an iphone used by a terrorist. dirksen senate office building national football league owners crackdown on player conduct during games and alex rodriguez reveals when he might retire but later he backtracks a bit. those stories and more coming up. 5:01 eastern time, welcome to icao. dirksen senate office building thank you for joining us. and intense manhunt underway in belgium for a suspect in the brussels terror attack. that man seen with the two bombers, evidence is mounting that the same isis cell carried out the attacks in paris in november and brussels earlier this week. the suspected bombmaker was one of the two airport bombers in brussels. his dna was found in the suicide belt attacks. >> the other suspect was arrested for being an isis mem

between the gain line in shanghai. seeing positivity in hong kong. here is heidi. bag as we head into the afternoon session across asian markets. this is the picture. we are not seeing a whole a lot of conviction. same sort of trading pattern yesterday. saying you are not going to see much of a strong move. sitting by the sidelines and toing what janet yellen has say. she would have to say something fairly significant to see any sort of strong upside in the market in tomorrow's session. we have sydney turning green. up .2 of 1%. we were a negative territory earlier. those up a little bit of as crude prices continue to asian session. we do have some weakness coming from tokyo on account of the yen sitting at the one third handle. shanghai has turned green now. about a quarter of 1% as the key clinical session wraps up in beijing. out for the conference to see what the premier has to say about the reform. overall rebalancing in the economy. we are seeing some downside in exports. 1%. by 7/10 of tameg a little bit of today after the bank of japan announcement yesterday

janet yellen's comments helped boost stocks in china, the shanghai composite index up 2.7%. in japan a stronger yen hurting stocks, the nikkei was down numb 1.3%. oil prices sinking for the fifth day in a row and up this morning, reversing the down trend, crude trending 1.8%. nicole: the battle over a terrorist's phone is over but the war over privacy is just beginning. lauren: boeing announcing it is cutting thousands of jobs, we will tell you where. lauren: in sports the golden state warriors are closer to maxing the bulldogs and it will also be 3000, and george washington in the final tomorrow. those stories and more coming up. it is 5:01 on wednesday morning march 30th on "fbn a.m.". nicole: ted cruz getting a major endorsement from the state's governor, scott walker, a week before the crucial primary. during a town hall event in milwaukee donald trump saying he would no longer honor his pledge to support the eventual gop nomination. >> will you pledge whoever the republican nominee is? >> no. we will see who it is. i have been treated very unfairly. by basically the rnc,

you do see the shanghai composite but the hang seng in hong kong 10.7%. ditto for the nikkei in japan on interest rates. south korea john fractionally. nicole: financials, materials, energy, down three quarters of 1%. and france's cac down more than three quarters of 1% and germany's dax down half of a percent. >> after today's game for the dow and the nasdaq, dow was down 72 points and nasdaq futures down 24. s&p futures down 10. nicole: key commodities losing 79 cents in gold is also down close to $10 to 12 and 35 the trails. lauren: the u.s. dollar traded against key global currencies. we will pull the board up for you momentarily. nicole: we been watching 10 year bond. likely to continue to rise as well. we have new details after an investigation into opry mcclendon said of crash. police say the former ceo of chesapeake energy reached at 289 miles per hour just before his chevy tahoe crashed into a concrete bridge in oklahoma. police also say mcclendon was not wearing a seatbelt and he was not having a health emergency before the crash. data from the

we did see a nice move higher in terms of hang seng and hong kong, and also the shanghai composite on mainland. 2.2% on the shanghai. kospi down 0.1 of a percent. shanghai composite there, is this, again, a little bit because of what happened overall with margin requirements. >> they loosened. >> they loosened a bit to give a bit of to the stock market. >> as for the european markets we'll say it's mixed. german dax down, france cac down by.5%. the ftse mib in italy and spain just about flat. no huge moves. >> broader market moves right now, i'll show you what's going wouldn't the dollar which is soap part of the story. the weakening of the u.s. dollar last week helping to fuel stocks and to rally mode. the euro weaker, 1.1247. the dollar is weaker against the japanese yen. always a sign of risk aversion. we saw japanese equities closed overnight. you saw broader risk aversions. the pound is also under some pressure this morning. 1.43. gold -- let's do oil first. oil has been causing the moves early this morning that's at least what early traders are attributing it to. wti 1.7%. brent

have a look at the shanghai composite, down about 1% in japan for the day. maybe a little bit down to the japanese yen which was strong for the most part of the trading session. 2.4%hanghai composite down in the last hour of trade. the so-called national team maybe intervening in the last hour of trade. anna, you mention this. of strength bit come through in the u.s. dollar which partly explains why some of these precious metals like gold are seeing some downside. , just aboutese yen flat for today's trading session. us there fromin hong kong. asian stocks have fallen by the most in three week with the shanghai composite snapping a six-day winning streak today following a u.s. market selloff yesterday. the s&p 500 has 2% upside and a 20% downside, being called a bear rally. .et's bring in tim hayward he oversees more than 100 billion euros in assets. great to have you on the program. you are something of a bond guy as well. risk sentiment is what he's trying to tap into when he's talking about how this is a bear rally in the united states. into context where

the shanghai composite index edged higher. crude oil driving much of the south treating this weekend right now it is flat. 34.65 a barrel. round two, a candidate mitt romney and donald trump sat to make what he called a major speech on the current presidential camp in this morning. lauren: donald trump's wife, milan and sat down to talk about donald trump and her new life in politics. we will show you the interview. nicole: great interview. in sports, the spurs clinched a playoff spot. moves them closer to a title. we will have all the highlights. good morning, everybody. lauren: at 5:00 a.m. in new york. welcome to "fbn:am" come your first look at today's markets, the latest break-in is and what to expect for the day ahead. train to the justice department reported that granting immunity to a former state department staffer who worked on hillary clinton's private e-mail server. the "washington post" said brien pack liana setup the server at her new york home in 2009 before he was hired by the state department. ted cruzan nicoll

the orange light is shanghai. lk to us through that. dane: we have two essential warehouse systems in the world. the shanghai warehouse is based in china. copper stored in china's inventories. we also have the lme warehouse system, warehouses all across the globe, but particularly focused on western markets. the lme inventories hitting record lows, we see the price rallying. we think the market is mis focusing its attention. it should be looking to china. as you just displayed, the metal is at all-time highs. scarlet: again, the orange line showing storage in shanghai. how much of the copper that china is importing and storing is going into demand? dane: that is a great question and an open question for the market. china's demand is actually growing, around 10 million to 10.5 million tons. most of that israel, used for things such as the electrical grid, producing automobiles, building a new apartment building, for example. but there is an element of copper demand -- we don't think it is the primary element, but th

so the shanghai comp fell. also, producer price inflation was disappointing. the nikkei responding more to the strength in the u.s. and europe yesterday. >> and a weaker yen, which is helping some of the exporters. as for the broader markets, let's show you what's happening in currencies, which gives you a good read on sentiment. the japanese yen is weakening for a change. that's in the middle, where the dollar is strengthening. the euro will be the pair to watch today. euro weakness ahead of draghi. we'll see what happens 7:00 a.m. eastern time. gold with all the central bank action and talk has come under a bit of pressure lately. it's down about half a percent. we'll be watching that of course in the wake of central banks as well. negative rates has been overall pretty positive for gold. we'll see the reaction to draghi as well. >> so central banks in focus today. if there's been one main driver behind stocks of late, it is oil. check out this chart of crude versus the s&p 500 this year. lots of correlation, particularly you would say in the last two or thre

but the shanghai composite taking the china data in stride. burberry, one of the european companies we keep a close eye on, the stock in the news for a different reason today. shares moving higher this morning amid reports that they could face a possible takeover bid from a mystery investor. this investor has built a near 5% stake in the firm. hsbc, the custodian for the position, is not disclosing the identity of its client. it's thought rival luxury groups could be buying up burberry stock to capitalize on the recent fall in share price. >>> mean while, rwe has annou e announced plans to comprehensively restructure npower. they swung to an operating loss of 170 million euros in 2015 largely due to billing issues. overall, the german utility giant guided for lower profits in 2016 and posted a 5.5% drop in full-year earnings. we'll get into these results at 11:30 cte when we'll speak first on with rwe's cfo. >>> and a sugar rush for lindt with forecasts rising 11%. the chocolate maker confirmed its 2016 guidance and sweetened its dividend by 1

the shanghai composite falling 20% in 2016. we have seen things stabilize when it comes to the oil markets. brent slightly down, but flat. 37.0 five now. in terms of the last eight weeks, we are near the eight week high. that is certainly good news. coming out and saying this rally is unjustified and we could reach back to the $30 range. crude and seems to be discounting bearish news these days, and data, including rapidly rising inventory levels. note someend on one movers we are watching, sharp. we could be nearing this rescue deal as early as march 9. sharp on a tear, close to 11% up. rishaad: shares at a four-month 4.6%, a $1.8 billion takeover. let's find out more. samsonite coming back online after being halted by itors of this transaction would be the biggest acquisition since it went public five years ago. that's a big premium from toomey's closing price two weeks ago of $20. its lastch so against closing price of $26.26 after a 30% jump in we have speculation that this takeover could take place. tuminite ceo explains w

have a look at how the shanghai composite has fared today. to see the pmi number coming through. we did see the losses coming in. then a pickup before the lunchtime session. a drop again in the afternoon session and a big rise in the afternoon, which has seen the shanghai composite close higher, over 1.5%. this is after u.s. treasury secretary jacob lew came out saying he was assured by chinese officials that the country has no plans to devalue its currency . quite a lot of buying coming through out of the pboc -- after the pboc cut the reserve rate requirement for the first time in four months. it has been an interesting story. a bit of a mix between greed and fear. we have seen the yen continue its rise. japanese stocks close higher by .4%. we also had copper falling and gold rising. looking elsewhere around the region, the hang seng index of life about 1% -- up by about 1%. india's market has had its best session in about three weeks today. the rba in australia leaving interest rates on hold. they have been on hold at the record low of 2%

the shanghai composite was up 0.85%. , too, has had a nice rebound over the last few days. >> it has. that announcement that we will not have a hard landing initially sparked a lot more positive to the markets than we had at the close. australia the first to open us with up sharply. it did finish up 1%. the mining sector that's been beaten up linked to china, that was up strongly. by the time the markets closed, less positivity on that statement. we are seeing some red on the screens in europe following stroke performance over the past couple of weeks, particularly at the start of last week. seeing a bit of a correction today. a correction which has increased during the last hour or so. the dax was down a half percent, now down 1%. a bit of negativity to speak of in europe. >> let's show you the rest of the broader market action. 10-year treasury note yield saw a move up to 1.9. we have not seen that since earlier in the year. selling bonds as the mood improves across global markets. as for the dollar, finished lower for

have a look at the shanghai composite. , alsoown across sectors moody's revise the credit outlook for 38 state owned chinese companies from stable to negative. long story short, and this is based on their statement, the change in sovereign rating , their capability to thanrt soe's weaker moody's expected. china a picture of an economy that sputters on all fronts. sector slowed down in february. onare in beijing with a look the back of disappointing pmi manufacturing data. china keepsews for rolling in. pmi coming up 49.4, falling from 50.1, so it did hold its head above water in the previous month. broadly painting a picture of disturbingn what is is this services sector is meant to be the new driver of china's economic growth, more than 50% of the economy. this has been the intention to overtake the traditional drivers. data shows it's starting to lose steam. year it isf difficult to get a read of the , factories and businesses closing, finishing up a seasonal distortion. we tend to have to wait until march later in the year to get a good indication of how the economy is going. the p

and china come at the shanghai composite edging a .19%. lauren: and the oil markets, after falling 2% yesterday by .5% the last two days, oil prices moving to the upside almost 2% on news of another reduction meeting in april. nicole: president obama set to announce his pick for the supreme court not to approve his choice. lauren: commuters in the nation's capitol may be waking up to a travel nightmare. the entire d.c. metro shut down for emergency inspection. nicole: 5:01 a.m. new york time. welcome to "fbn:am," your first look at today's markets, the latest breaking news and what to expect that they ahead. lauren: the morning after super tuesday to plano. significant victories for gop front runner donald trump winning three states in yesterday's republican primary. trump got 45.8% of the vote collecting all of the states 99 delegates. senator marco rubio jobs for the white house. in illinois, at 38.8% support. train to on north carolina 42.2% or 36.8%. missouri remains too close to call. trump is at 40.8%, cruiser 40.6%. lauren: meanwhile

the shanghai composite on the quarter is still off some 15%.his despite a rebound for some other emerging markets. we'll be getting in more detail in a little while. for more on the asian marks trading this morning, let's get to akiko fujita standing by in singapore. >> good morning to you, nancy. we're following several stories out of the chinese markets that are moving the markets tlp first, china's eighth largest investment bank. reports they have defaulted on their dim sum bonds. these are offshore bonds traded in yuan. the "financial times" reporting this default is putting a 38 million yuan coupon payment on those bonds at risk. this is significant because it marks the first time a state-owned investment bank has defaulted in nearly two decades. certainly highlighting how fragile the chinese financial system is. the big banks there already under pressure, reporting their slowest profit growth in a decade in 2015. three of the major banks reporting they wrote off a combined $22 billion in irrecoverable debt last year. looking over to the h

in late trade, the shanghai composite is up by 2.4%. ost 12%, and their overseas land up. solid buying coming through across the region, and also commodity currencies getting a boost as well. anna: thank you. juliette saly from hong kong. china has's bank of said stimulus is needed to support growth. the statement comes as data showed industrial output and retail sales grew more slowly than was expected in january and february. let's get more with stephen engle. good to see you. how did these comments contrast what many economists say is needed? we heard a lot of people saying looser monetary policy, prevent a deepening of the slowdown. put in context of we have heard from the pboc. >> absolutely. all the data we have had in the recent months has been clear evidence of a weaker economy. yes, there are some signs of stabilization, particularly in real estate, but still, these monthly indicators are quite weak. do contrast with what a number of economists are saying is needed -- looser policy. he was calm at the press conference. he said a

the shanghai composite higher by 0.2%. half of 1% and the winner is the hang seng in hong kong up 1%. >> green arrows across the globe. europeupcoming dax up 2.8%. monday and 1.6%. >> 161 points on the nasdaq futures higher by 54. nicole: a look at oil. 38.83. goal: back down just over $7. lauren: the surprise arrival of a superhero the latest trailer is lighting up social media. we will tell you who it is coming up. the final time in ryan's career. we will tell you who got the edge. you are watching "fbn:am," your first look at money market and breaking news. ♪ the heart. overstressed, it can fail. that's what pulmonary hypertension can do. what looks like asthma might be ph. at the pulmonary hypertension association, we're putting our heart into finding a cure. learn more at phassociation.org nicole: rejoiced marvel fans. no-caps in american civil war trailer is here. in the second trailer, captain america ironman that the two sides is the new faces on board. debate peter parker. spiderman has joined the fight and it loo

lauren: the shanghai composite up 1.7%. in japan cited 1.25%. nicole: will cost about $40 a barrel mark for the first time since december. just below 39.95, listing 20 cents. lauren: making good on its total weren't donald trump. we will have the latest. nicole: apples by what the fbi, even if the government was the case we will be apple engineers may resist unlocking an iphone used by terrorists. lauren: upsets, upsets and more upsets. the first day of march madness about the racket busters is stay with us to find out if your team is still in the tournament. nicole: 5:01 a.m. friday, march 18th. "fbn:am," your first look at today's markets, the latest breaking news and what to expect that they had. train for hillary clinton has one primary after a close race against bernie sanders. he said he would rather save taxpayers money. clinton beating sanders by just over 1500 votes. she has now won all five of tuesday's primary contests including florida, ohio, illinois as well as north carolina. the republican race too close to call between donald trum

theony: it is interesting, reaction of the shanghai market has been on the upside.longest rising streak this year. everybody had a bit of a bounce. anthony: that is true. you could argue that the worst numbers as they were empowering the government at the npc this weekend to be a little more aggressive, a little bit more stimulant -- stimulate -- stimulating. every thing we have seen from reforms. the adr includes a positive catalyst. not just monetary stimulus. manus: we have a great graphic for you. emerging-market debt. the gorging of debt. the feast of debt, nevermind the feast of stimulus, the feast of debt for china. the truth of it is the chinese have built an incredible growth story which grew 13% in dollar terms in 2015. and you want terms, it came in at 7%. -- in you want terms, it came in at 7%. anna: how worried are you about the debt in china. some look at it and say all that corporate debt, that is the story in china others say that is the government balance sheet. anthony: all of it is ultimately government. i think at the end of the day the chinese g

the shanghai composite saw gain. are waiting for china's fx reserve data, and listing the fall is expected to have slowed, $3.1 trillion in february thanks to stabilization in the yuan and better sentiment on the currency and valuations as well. with china cutting its growth target, currencies in asia of countries that depend on china feeling the pressure. kiwi dollar and aussie dollar falling today. traders are keeping an eye on that to see where the aussie dollar could head from here. as china comes online, keep an i stocks. 1.3%,nk of china rising one approval by the hong kong exchange two spinoff aviation. car sales in february up 15% year on year. hai seeing upward momentum after being fined by the taiwan stock exchange for being late in reporting that buyout of japanese -- rishaad: china rejecting fears of a hard landing as leaders outlined their targets for the latest five-year plan. china aims at 6.5% growth this year. let's get to beijing. china is sticking to its guns on growth. remaining sorisks ambitious?

the shanghai composite index lower. finished higher 1.7%. the nikkei squeezing out again.e cost be down two of 1%. lauren: some pretty acid manufacturing numbers. also in the up direction. major averages fared. "cavutosomeone up or to five po. nicole: let's check out stocks here. dow jones futures up 127. s&p up 50. nicole: key commodities, 34.19 and a pair of purple as well. coming up, kansas returns to the top of the college basketball rankings and has an easy time at texas. patriots quarterback tom brady reportedly has agreed to a two-year contract extension. other details on the stories and so much more. 5:49. "fbn:am," your first look at morning markets had breaking news. ♪ nicole: it is march 1st. begin a new training that the dow futures up 126. s&p futures up 15. oil prices driven to the upside to check it out. up 1.4%. nicole: erin andrews breaks down the court describing the moment she found hers dockers video. >> they flipped it open. i sought for two seconds and i was like zero my god, i was screaming that i was all over the internet and i didn't know what it w

another 2.4% for the shanghai composite. weakness continuing for hang seng. lows of the day. downward.s headed mining companies adding to it. stay with us. we will recap the big stories of the day. ♪

in china the shanghai composite ending down 15% for the quarter. lauren: oil prices is a big driver, certainly recovering, 50% since mid-february. right now down 36.86 a barrel. nicole: chipotle want to diversify menus from burrito to burgers. la lakers are in damage control after private conversation between two players go viral. lauren: 5:01 in the morning. right here in new york march 31st, last day of the month. latest breaking news and what to expect for the day ahead. nicole: breaking news this morning. fierce fight for voters in wisconsin ahead of crucial winner-take all. republican primary next tuesday. 42 delegates up for grabs, a new poll shows senator cruz race. blake berman has the details from appleton, wisconsin. blake: issue of abortion becoming front and center after exchange involving donald trump. trump made two stops wednesday in the north eastern part of the state and in between them he did interview with msnbc chris matthews. the exact punishment he did not know or say. trump later sent out a statement, if quote were to pass le

it seems a little curious and i expect to see the shanghai back at 2500. >> up next, coca-cola sharesr all-time highs. we'll tell you why one of our traders says it's about to see a major breakout. that's when "options action" returns. s here at the td ameritrade trader group, they work all the time. sup jj, working hard? working 24/7 on mobile trader, rated #1 trading app on the app store. it lets you trade stocks, options, futures... even advanced orders. and it offers more charts than a lot of other competitors do on desktop. you work so late. i guess you don't see your family very much? i see them all the time. did you finish your derivatives pricing model, honey? td ameritrade. herthey work hard.ade, wow, that was random. random? no. it's all about understanding patterns. like the mail guy at 3:12pm every day or jerry getting dumped every third tuesday. jerry: every third tuesday. we have pattern recognition technology on any chart plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. td ameritrade. >>> a look back at

the shanghai composite is a much more volatile market, but if it is putting in the same technical pattern oil, then that would suggest we has seen a durable bottom in the shanghai composite, and suddenly these negatives plaguing risk assets one by one seem to be going away, and that would open up the potential for a much better environment for risk assets. scarlet: something weird happened over the last couple of days, bad data with china pmi, oil prices come off, and yet stocks to rally, is there a decoupling here between the asset classes? when markets go up one bad news, that's indication that markets want to go up. we had this year when relatively good news, markets were going down, and down, and down, and it were concerns about the unknown of where the bottom would be in oil prices, how slow the chinese economy would get, how far the market there would go down. those were uncertainties driving things lower, even though the data had not yet gotten that bad, and that might be what the markets are telling us, the fundamentals are not that bad. these big negatives are being moderated one

nicole: the shanghai composite index of half a percent. he hang seng, star of the morning for the trading day. 1.1%. lauren: over in europe have out there is a 26.5 points. dax 25. the dow looking down one from s&p unchanged. nasdaq down fractionally. nicole: we have been up three days in a row. key commodities this morning. oil guys trading. 3456 is the quote. gold has a phenomenal week across 1250 yesterday. a gain of almost $15. nicole: samsonite is fine to me for $1.8 billion. it will give samsonite presence in the high amateur business. they will pay $26.75 per share. 32% higher than the closing price on wednesday. lauren: chinatown and siena team holdings is about to become the largest movie theater chain in the united states. amc is by car mike cinema $30 a share. together anc and car mike would have 600 theaters across 40 fives they including district of columbia district of columbia. amc was purchased in 2012 by the wonder girl. nicole: coming up, what were the best and worst moments for the fox news gop debate? >> when your common

check out the chinese shanghai composite down on the bottom, up 4.25%. hang seng in hong kong up 3%. japan's nikkei up 4%. >> early trade in europe this hour also positive as we're looking at things right now. there's some mention of expectations of easing from mario draghi next week. the ecb meeting will be front and center. that positivity today in europe a little predicated on that. also seeing some gains, of course, yesterday. we're not seeing quite so much today. the ftse 100 up 0.2%. dax in germany up a similar amount. >> you're going to want to pay attention to oil again today. it's down 2%. wti in the early action. weekly oil data out at 10:30 a.m. eastern time this morning. numbers yesterday showed a huge build in u.s. oil stockpiles. look, yesterday was an interesting, very bullish day. the leaders were the barngs, wilfred. the technology stocks, some of the most beaten down shares. they were the growth shares, and there was this idea that maybe the u.s. isn't barrelling toward recession. we got better construction numbers. the manufacturing co

although, we've seen some bright spots at the shanghai composite. the nikkei 225 falling back into negative territory, about 0.7% down at the close. after the boj downgraded the outlook for the economy in japan. the boj and governor kuroda's decision today essentially saying let's all pause this negative interest rate policy, take a deep breath, then digest the impact on the markets on a policy that's largely been unpopular. the boj removed language that says they will cut rates further into negative territory, but they didn't back down from it. mr. kuroda speaking to reporters after, saying the policy has worked to push down borrowing costs and strengthen the impact of qqe. he says there needs to be more time to find out the effects of the policy. the boj did make some adjustments to the policy, essentially fine tuning it, for one, responding to criticism and exempt money reserve funds. this is essentially cash individual investors have parked to trade stocks. those were exempt from negative interest rates. the boj also moved to lessen the burden of

the shanghai composite down 18%. -- down 15%. going back to bill gross, in terms of equity investments. that is what it looks like when the first quarter performance. the world market cap, because of the under performance, it is still down for the year to date. you can see 1.7 trillion dollars has been wiped off of the value year.bal market cap this even if we have seen something of a recovery it is till eight negative return year-to-date. outside of equities, we have seen a positive return through oil and gold year to date. having its best quarterly performance going all the way back to 1986. oil has climbed 50% from its lows of the year, giving a total year, giving a total year-to-date performance of 4%. the dollar has been lower, which is one of the things that has been helping the commodities. alix: really, oil and gold having such a great quarter is unbelievable. julie: what led up to it was also unbelievable. no one seems to want to take on big positions at the end of the quarter. we are seeing a little bit of a of, but not

. >> moving on to other markets, in china, the shanghai finished at 2862. it snapped a sectiix-day winnin streak. australia's banking and health care sectors saw gains. other markets in the region had mixed results. the hang seng declined by a fraction, singaporean shares advancing 1.14%, the first rise in three days. >>> suzukier plans to export cars made by its subsidiary in india to japan. the measure will help cut costs in the face of fierce competition. the japanese firm began operating in india more than 30 years ago and has a more than 40% share of the country's auto market. the japan-bound cars will be fitted with an anti-collision system and other safety gettures. the sales target is 6,000 units a year. >> translator: the quality of our cars produced in india i now at the same level as those we make in japan. we want to sell our indian-made cars around the world. >> other japanese makers are following similar paths in a quest for cost efficiency. nissan and mitsubishi already import foreign-made vehicles into japan. >>> here's a look at some of the

overpread 2024 treasuries as wide and 48 basis points this year. 48 percent of greenland is owned by the shanghaiernment. says that analyst despite the high debt leverage, greenland's liquidity should be fine because of its state-owned enterprise background. are worriedpeople that such leveraged strategies are just beginning to look out of place with the new government policies of deleveraging and reforming state-owned enterprises. rishaad: we will have a detailed look at that story later. we do want your opinion. tweet is your lots @rishaadtv, include #trendingbusiness. price of be getting a tencent when the market opens in about 25 minutes. sales jumped by more than anticipated 45% in the last quarter. let's get to the numbers and break them down. talk us through the highlights here. >> profits missed, but revenue better than expected. that is due to online advertising sales and also mobile games. tencent is following facebook's footsteps and driving more to online platforms, which have a combined user base of one billion. the company is treading a h, but preserve user experience. it's working

the shanghai comp up 1.7%. europe also shrugging off a slightly negative early open to focus more on the asian trade than that late setoff we saw on wall street yesterday. we're looking at gains of about half a percent. the ftse 100 up despite a big fall for barclays. futures pointing to a positive open to the tune of 100 points. sara? >> now to today's trade of day. our data team wanted to see what march looks like. will it be more rewarding? well t turns out if history is any guide, stocks could see some gains this month. over the last decade, the dow, for example, traded positive eight of the last ten years. but the biggest and most reliable gains actually came from small caps during the month of march. that's from our quant firm. it's a historical guide on seasonality. doesn't factor in some of the weird things we're going through right now, when it comes to raising rates and diverging policies. for more, go to cnbc.com and check out cnbc pro. >> let's get to some political news. it's super tuesday. historic

the shanghai comp recovered more recently. e nikkei is down 0.7% today, adding to around 10% or 11%. sf >> we started this show on the first trading day of january. triple-digit moves, sharp swings to the downside. we thought we were bringing bad luck to the global markets. in fact, it was the worst start to a year ever for markets. at one point, the dow was down 11%. then mid-february, it shot back up. march has been a very positive month. listen to this statistic. the quarterly comeback from an 11% deficit this year, the biggest turnaround since 1933. thank you, cnbc. as for the broader markets this morning, we are seeing a little of the selloff kind of mood. yields are backing off a bit. 1.81 is your yield on your ten-year note. lower yields throughout the year, even though stocks have come back, as wifld noted. the weak dollar has also been the story. in fact, the dollar heading for its weakest quarter in five years. thank you, janet yellen, for some of the dovishness, resit rating that again this week. if you look at the u

the shanghai composite down by 710 to 1%. on for the real estate market and several of the biggest cities in the world's second-largest economy dragging down the index. positive with dow futures positive at 36. a real good run this morning for the nikkei 225 of 7/10 of 1%. a seventh straight day of gains for the dollar yen. quickly,nd market very they drop of basis point to 1.9% on the u.s. 10 year. speaking of treasuries, hedge funds crowded to treasuries causing a low but at investor concern for the potential of more volatility. latest data released by the federal reserve show that hedge funds were the biggest buyer of u.s. government debt in the past year. matt miller has got the breakdown for us. matt: $1.27 trillion is what hedge funds -- or at least a proxy of hedge fund holdings that the treasure uses. we have graph that here. at can get all of my charts matt miller charts and you will find it. this is the hedge fund holdings of the u.s. treasuries. look at this jump here and where are they getting them? other central b

the shanghai comp said is well underpriced -- the shanghai comp is it is well underpriced.apital outflows from china are week celebrating. there has been some easing of that. there has been capital control. nonetheless, it is helping to improve confidence or reduce the fears about a hard landing in china. francine: are you not concerned about central banks? it is a catch-22, because usually in the past, it was markets following central banks, not the other way around. derek: to be honest, i still question whether this broader improvement of risk since february is a sustainable. especially in some of the commodity space. i can't really fathom that to be honest. the demand story does not appear to have changed. the move in commodity prices seems to be on hope rather than evidence. i think there is a good chance we are going to seek reversal on some of what is happened. concern ife of some that becomes disorderly again. francine: derek, thanks for helping me. he stays with us. we will be talking more by china. stay with a pulse. a roller coaster quarter comes to a close. we ha

chinese markets shrugged off this bad move with the shares in shanghai jumping 4% on wednesday. markets may be hoping for fresh measures when china holds its annual national people's congress later this week. the warning from moody's, though, highlights the challenges ahead for chinese officials as cheans growth shows. many workers say they are having trouble finding jobs and the steel and coal industries in particular have been hit by job losses. there are warnings that more are on the cards. reporter: china's steel jobs under threat, across the factory, a dozen factories like this have shut down. with international steel prices hitting an all-time low, jobs are at risk. among the worst hit are young graduates and internal migrants to help them find new jobs, the cheans government has announced a 14 billion euro fund but it won't be enough. >> work is difficult to find for the industry that i want to go into. there aren't any jobs here. the work is mainly concentrated in the south, but my home is in the north. i really don't want to go to the south and look for work. reporter: g

. >> when you get you people look at the shanghai market, the schenk zen market almost as if it's on the par with other markets, and it's not. china is a transitional economy. the chinese equity market is where the western market were 30, 40, 50, 70 years ago. to put it on the same level and judge it in the same standard,you'll get critical. that is a long-term reform process, the key question is are they making the changes or not. to give them short-term interventions. in terms of the linkage, it's less direct than it would be in the major developing areas. >> if you use the equity mark, you'd say oh, my gosh, china is going into the tank. how would you describe the economy. it is slowing. we think they continue to slow. it is adjusting with normal, trying to rebalance the economy, reining in the growth and shifting to consumption, services and dransicing the economy. growth is slowing. the government assist is saying the government is saying more than 7% growth is gone. they'll aim to 6.5 and 7%. per not talking about growth. >> you talked about foreiinfoxchange - about foreign exc