Manus im manus cranny. We have got the pmi. We have the composite that comes in better. Germany slow down 54. Francine both manufacturing and services. We are better than expected. Manufacturing unchanged, but the services rising from a year earlier. That is the pmi data. The top story this week being the ecb. Lets take a look at the big market moves following draghis press conference. Ryan interestingly have not seen the euro strengthen very much at all on the back of the pmi reading which beat expectations. This is the euro over the last two days. It was tanking. It tanked for 11. 5 hours after mario draghi started speaking. Everyone anticipating more helicopter money on the way. Its settles a bit now. You look at the options market. Increasingly sense draghi started speaking yesterday, traders are getting more and more bearish on the euro. Lets go and look at the stoxx 600. A second day on fire. It rose 2 yesterday on the comments from mr. Draghi. And it is up again today about 1 .
I am Jonathan Ferro in london with tom keene in new york. It was a nondecision, but a hawkish hold . Tom Deutsche Bank said this was big. Jon ferro will speak with Alberto Gallo and then john andng and Richard Claro richard clret arida. Discussions include the u. S. And european allies, russia, and iran. Russia backs syrias president , that recognizes he is a roadblock to solutions. Trip toerkel began her china. A number of business deals are expected to be announced. The chinese will buy 130 airbus plans for 17 billion. A dramatic rescue saved 240 migrants. The greek coast guard pulled them from the sea. Three refugees died, including 2 boatren when their capsized leaving turkey. More than half a million refugees have reached a greece this year. The number killed trying is unknown. Republican president ial candidates try to break out of a nightsmarket last debate in colorado. It focused on dollars and cents. Marco rubio defended himself after a florida newspaper called him to resign f
It seems it is always angst fighting the central bank. Tom we will bring everybody up to date on the shock and all of that negative Interest Rate call by the bank of japan, but you are right, it pulls right on to china and you see it within the market activity. Francine lets get straight to the bloomberg first word news. Vonnie after months of campaigning, the first votes are cast today and the race for the white house. A weekend poll shows donald trump with a fivepoint lead over ted cruz among republican voters. They question whether Trump Supporters will actually show up tonight. Hillary clinton has a slight lead over Bernie Sanders. Sanders is coding counting on young voters. Civil war in syria began in geneva today. This after eight triple bombing killed 45 people. Supporters of Bashar Alassad have threatened to boycott the talks. In northeastern nigeria, at least 86 people were killed by boko her wrong. They targeted a camp for displaced persons. Boko haram has killed thousands of
Caroline at incwe want to get perspective, tom. We want to get the idea that this extraordinary Volatility Oil prices, stocks following eike a lost puppy will we se what is happening in the markets reflect on the overall economy . The eu cutting growth figures for gdp that is a market d circumstance. Tom im bringing in vonnie quinn before she does the news. It really shows the growth tension. Vonnie and the inflation forecast, cut by half. That is a huge move. Also assuming brent crude at 35. 80 per barrel, down from 42. 50 per barrel. Tom and this set that up perfectly this morning. We will look at the bank of england, announcements coming out, and David Rosenberg will join us in the next hour. He is adamant that deflation fears are overdone. Right now we need to check up with the news. Vonnie the euro strengthening. Days after they began the syrian peace talks, geneva has been suspended. Againste major progress rebel held areas, backed by russian airstrikes. Says syria talks will res
Where does oil go . The earnings that are little below expectations. Tom we have Liz Ann Sonders in the next hour and steven major. Looks absolutely brilliant in 18 months as he lived for low rates. We are thrilled to have Robert Morgan stanley from tokyo with his authoritative view on what the bank of japan has wrought over the last six days. Withine we have that call yields going to 0. 1 with japanese 10year yields going below zero. Lets go to bloomberg first work tears. Vonnie the syrian peace talks are close to collapsing. Opposition groups are threatening to pull out unless russia and syria stop bombing rebel held areas. The United Nations mediators are overseeing the process and hope before nationwide truce. A terrifying moment in the skies over somalia. A whole is ripped in the side of a jetliner. Landed safely in mogadishu. The king of spain has turned to the socialist party to end the political impasse. He asked socialist Party Leaders to form the next government. Six weeks ag