You're watching...
FBN’s Diane Macedo on reports Deutsche Bank made a profit of more than $650 million on trades in 2008 tied to Libor and other global benchmark rates...
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
Good morning everyone I'm Diana sale let's start things off with a live look at the markets in Asia they finished the day.
Higher getting a boost -- China's export growth rebounded sharply last month to a seven month high also Hong Kong's benchmark index.
Rose on the heels of a decision by the China securities regulator to transfer some mainland IPOs to the territory's exchange.
In Europe we're looking ahead to two key interest rate decisions European Central Bank is expected to stay.
At point 75% in the Bank of England at half of 1%.
Stocks in Europe are currently makes -- seeing London and Frankfurt slightly up while Paris is down about four points here in the US.
We have green arrows across the board Dow futures are up 32 -- S appease them for the nasdaq's up about seven.
This after stocks snapped a two day losing streak yesterday as investors focused.
On the start of earnings season and Allen and day up about 61 points.
Meanwhile Deutsche Bank reportedly made a profit of more than 650 million dollars on trade in 2008.
Tied to Libor and other global benchmark rates.
The Wall Street Journal reports regulators have been investigating allegations that more than a dozen banks including -- bank.
Manipulated rates Barclays UBS have already reached settlements totaling nearly two billion -- dollars that is.
The journal says a former Deutsche employee handed over documents that -- those profits and told regulators.
Some employees expressed concerns about the risks of making the bets the bank officials dismissed the worries because the bank could influence the rates.
The Deutsche Bank spokesman called the allegations categorically false.
Here's a look at commodities now oil and gold to both up this morning we have oil about a dollar fifty trading -- 95 dollars a barrel.
Gold -- eight dollars at 1663.
Announced.
