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FBN’s Diane Macedo on a planned meeting of AMR creditors and their potential vote on a merger with US Airways.
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Good morning everyone I'm -- -- -- and it's time to take a look at the markets in Asia they closed mostly higher getting a boost.
From Chinese trade data as exports grew 25%.
Year over year in January that's the strongest showing since April 2011 and -- tap the estimated.
317%.
Rise imports surged 28 point 8% also topping forecasts keep in -- next week Japan is closed on Monday for a holiday and Chinese markets.
Our -- all week for the Lunar New Year.
In Europe stocks there are getting a boost from the Chinese data it's also -- to.
Of the European Union summit to decide EU spending for the next -- -- -- seven years.
And after all -- negotiations leaders are still in a standoff we have markets up across the board though London's up about 22 Paris is up fifteen and Frankfurt's up almost seven.
Here in the US has been a fairly flat morning Dow futures.
Are down by a point yes -- be done about half a point nasdaq's up by two and this comes after stocks.
Ended the day lower yesterday the Dow suffered its first loss in three days growth sensitive sectors traded lower on worries about Europe and underwhelming US economic data.
We'll know more next week about the possible creation of what would be the world's biggest airline.
According to people familiar with the situation AMR creditors.
Plan to meet on Monday and could vote on a potential merger between the bankrupt parent American Airlines.
And US Airways that could bring about an agreement by Tuesday -- -- filed for bankruptcy protection in November 2011 citing high labor costs.
A combination of the two carriers would help them better compete.
Against rivals like United Continental and Delta Airlines.
Here's a live look at commodities now oil and gold are mixed this morning of oil up.
That's sixteen cents trading at 96 dollars a barrel gold is down almost a dollar now at 1670 announced.
