|This article does not cite any references or sources. (March 2012)|
Logo of Worldwide Exchange (05/14/2012-present)
|Genre||business news program|
|Presented by||Julia Chatterley|
|Country of origin||United Kingdom|
|Location(s)||London, England (2005–present)
Englewood Cliffs, New Jersey (2005–2012)
|Running time||120 minutes|
|Original channel||CNBC Europe|
|Original run||December 19, 2005 – present|
|Preceded by||CNBC US:
Wake Up Call
Asia Market Wrap
|Related shows||(details here)|
Worldwide Exchange is a television business news program on CNBC channels around the world. It used to be broadcast live from studios on three continents until May 11, 2012. The global program is anchored by Julia Chatterley and is produced by CNBC Europe in London.
Billed as "the first ever global business news broadcast", Worldwide Exchange began its broadcast on 2005, and is the first CNBC program to be jointly produced by three of the network's regional channels. It airs from 4am to 6am ET on the main CNBC channel and CNBC World in the United States, 10am to noon CET on CNBC Europe, and 4pm to 6pm (with DST) or 5pm to 7pm (without DST) Hong Kong/Singapore/Taiwan Time on CNBC Asia. As a result of the success of Worldwide Exchange, a second joint production, Capital Connection, debuted on CNBC Europe and CNBC Asia on March 26, 2007.
Worldwide Exchange replaced Wake Up Call, an early morning pre-market program on CNBC US; Morning Exchange, a mid-morning program on CNBC Europe; as well as Asia Market Wrap and CNBC Tonight on CNBC Asia, a daily wrap-up of the top business news in Asia.
Original format (December 19, 2005-March 11, 2011)
The program begins with the three anchors, Christine Tan from Asia, Ross Westgate from Europe, and Michelle Caruso-Cabrera from the United States, respectively, along with the headlines from each continent. A round-up of trading in Europe and Asia follows (normally including a look at the FTSE CNBC Global 300 Index, which was launched on the show on 2006-09-18), along with a look at US stock futures. The top business stories in each continent are then narrated in turn.
The first half-hour also features the program's signature segment, the fast-paced "Global Stock Watch". Breaking news on European economic data is frequently covered 30 minutes into the show, and is followed by instant analysis with a guest. The remainder of the program consists largely of a mix of business headlines (which are repeated in the second hour), interviews with guests and issue-specific dispatches from CNBC reporters. Cabrera left the programme in October 19, 2007, and was replaced by Brian Shactman until at the end of 2009. The following year, on February 1, 2010, Nicole Lapin became the U.S. presenter until her departure in the network in August 5, 2011.
From its premiere until March 25, 2011, Worldwide Exchange features guest hosts in the second hour (and both hours) of the programme.
Two regular segments which appear towards the end of the broadcast are a preview of Squawk Box, (which immediately follows Worldwide Exchange in the US and Asia), and the "US Lookahead." At the end of the broadcast, before the three anchors sign off, the U.S. anchor takes a final look at US stock futures if time permits.
Second format (March 28, 2011-May 11, 2012)
On March 28, 2011, Worldwide Exchange underwent a major overhaul. The first 50 minutes of the program was initially broadcast from Asia and Europe, with the United States leg of the show starting at 50 minutes past the first hour. The three anchors were together for just 20 minutes, from :50 past the first hour to :10 past the second hour. Also, the Asian leg of Worldwide Exchange was no longer featured after :10 past the second hour, to which the show was broadcast only from Europe and the United States from that point on.
Additionally, during this period, the second hour of Worldwide Exchange was not broadcast on CNBC Asia. Following Lapin's departure from the network, Jackie DeAngelis (who previously a correspondent in CNBC's Bahrain studios) became the U.S. presenter until May 11, 2012 (see below).
Current format (May 14, 2012-present)
Worldwide Exchange underwent its most recent overhaul on May 14, 2012, with the addition of Kelly Evans as co-anchor. In another major tweak, the show is broadcast entirely from Europe. There are no longer Asian and U.S. anchors, due in part to Tan and DeAngelis' departures from the show, leaving Ross Westgate as the last original anchor. The programme later launched new titles and reduced to a single location with the programme now solely presented from London.
Ross Westgate became the sole anchor of Worldwide Exchange on May 7, 2013, after Kelly Evans' departure from CNBC Europe's London headquarters due to her reassignment back to the United States and also, her then-new anchoring duties on Squawk on the Street. Westgate himself left the programme, and also CNBC Europe, on June 6, 2014 and was replaced by Julia Chatterley.
Some of the regular segments on Worldwide Exchange include:
- Global Markets Report: This segment begins with a summary of ongoing trading in the European markets, along the latest from CNBC Europe's reporters, followed by the final closing numbers in the Asian markets from a CNBC Asia reporter, and concluding with a look at the highlights of the U.S. corporate and economic diaries by the U.S. host.
- Nikkei Business Report: A review of the trading day in Japan and highlights of that day's Japanese corporate and economic diaries.
- India Business Report: A review of the trading day in India and highlights of that day's Indian corporate and economic diaries.
- Market Call: Seen during the second hour with a guest, who picks stocks from around the globe.
- CEO Call: In this segment, all three anchors interview the CEO of a notable company.
- Exchange Central: This segment, which was introduced on March 28, 2011, is when the anchors look at the day's top business stories, as well as a brief look at the day's morning papers.
- U.S. Lookahead: A preview of the day's trading in the U.S. stock markets with a guest. Normally the last segment of the program.
Program producer CNBC Europe developed a new graphic style for the launch of the show on 2005-12-19, similar to that introduced across CNBC US on the same date. These graphics were initially used only on Worldwide Exchange, before being rolled out to all other CNBC Europe programs on 2006-09-18 and were used through 2008-01-04. The previous lower thirds, which were first used across CNBC US on 2006-12-19, were used on Worldwide Exchange (and all other CNBC Europe programs) from 2008-01-07 to 2009-07-24.
The programme's previous graphics package, which included a new intertitle and a new voiceover introduction (but retaining the lower thirds from 28 July 2009 to 26 February 2010), debuted 14 December 2009. The graphics package for this and all of the other CNBC Europe programmes, including the new lower thirds, debuted 1 March 2010 to 11 May 2012. This new graphic style also debuted on CNBC US that same day.
Started from 2012-05-14, CNBC Europe developed a new graphic style of the show until now.
The respective regional tickers are retained in each of the channels during the broadcast, except for CNBC World, which features the CNBC Europe ticker to show that the programme is produced by the said network. CNBC HD+ used to show the CNBC Europe ticker until August 8, 2011.
- Julia Chatterley (2014–present)
- Ross Westgate (2005–2014)
- Michelle Caruso-Cabrera (2005–2007), now a chief international correspondent in CNBC U.S.
- Christine Tan (2005–2012), now presents Managing Asia
- Brian Shactman (2007–2009)
- Nicole Lapin (2010–2011)
- Jackie DeAngelis (2011–2012)
- Kelly Evans (2012–2013), now emcees Closing Bell in CNBC U.S.
On European bank holidays, CNBC Asia has the option of producing the program instead, as occurred on 26 December 2007, 24 March 2008 and 6 April 2010. Alternatively, the show is simply not aired (as is the case on Christmas Day, New Year's Day and Good Friday). On April 9, 2012, CNBC Asia produced the first hour of Worldwide Exchange, with the second hour produced by CNBC US.
When the US markets were closed for a holiday while the Asian and European markets are open, Worldwide Exchange was originally broadcast live from Asia and Europe (similar to Capital Connection), but was still relayed live on CNBC's US channel albeit without US presenters, as occurred on February 20, 2012. During some Asian holiday periods (such as May 1), no Asian presenters were featured, although it can still be seen in the region. That practice was discontinued as a result of the aforementioned format change on May 14, 2012, the exceptions are for Easter and boxing day, when the London studios are closed for the holiday, correspondents from the US team presenting the program and is produced by CNBC US.
Also in 2012, Worldwide Exchange began being extended for an hour on US market holidays to provide an additional hour of live European market coverage. This extra hour does not air on CNBC US although the third hour is shown on sister US channel CNBC World.
- Asia Market Wrap
- CNBC Tonight
- Morning Exchange
- Wake Up Call
- Capital Connection (a CNBC Asia-produced program anchored from Singapore, which follows a similar format)