By 1 5 today. Welcome to countdown. I am mark barton joined by one hide. The eu imposed its strictest sanctions on moscow since the iron curtain fell. We are joined by Ryan Chilcote. Lets talk about the shank the sanctions. Eu did it. It will surprise some people. Three is really the eu is going to ban state backed banks in russia from issuing new bonds and stock in europe. The second thing is they will ban some technology for the oil industry that they need for unconventional projects, more sophisticated drilling, deepsea drilling, shale deposits. The export of that material from the European Union is now banned. Get ane are going to arms embargo. The one caveat is that france will still be able to sell its warships to russia as it was hoping to do. These are not retrospective. I think obviously we were expecting these, but when you have 28 countries involved, and they all have their own vested interests, and those interests are vastly greater than the fact thaterest, the this happene
Russian sanctions . There is not much of a selling. Movement conference currency was flat, in terms of the u. K. It is trading up. 4 . Spain is trading higher and we expect secondquarter gdp to come in higher. And there trading flat periphery is trading higher, if you are looking at equities. Let us have a look at current cities. A basis is set to rise 3 and that is coming out out 1 30, london time. We will get the numbers out of the federal reserve. A raining and stimulus . Lay, thats currently, it is flat. The dollar is down and keep a close eye on those particular markets. We are going to see reactions to russiantions and the access to banking finance. Widest ranging sanctions we have seen so far. Lets have a look at the up threeand it slides basis points. We are seeing money moving into germany and we may see a little bit of a search for safety. Lets have a look at some of the stocks that are on the move today. On individualcus stocks amid the earnings. And morganrading up stanley
Interest rates low. We are seeing equities trade higher. The ftse 100 also trading higher. A little Risk Appetite still on the table. What else is it moving . The u. S. Dollar. Lets look at that. Up 4 10 of a percent. We are looking at it against the tradingro currently 0. 3 lower versus the dollar. Plenty of data as jon was talking about. You get a little more insight into u. S. Growth. 3 is what we expect to see for gdp for the Third Quarter. It is consumption that is looking good. Exports, equipment investment. Eurozone Consumer Confidence or lack thereof, we are expecting it to come in at 11. 1. It did improve versus october. A little more cash in the wallet. We see disinflation starting potentially to intensify. Still a little more flush with cash. Meanwhile, german unemployment is one to look out for. Lets look at some of these stocks that are potentially on the move. Up 1. 7 . Currently profits went up 15 . Many thought profit would fall. The powerhouse that is personal and Corp
And cough up 3. 9 the billion in sanctions. And the Prime Minister says the uk public needs a wakeup call as David Cameron gets ready to face southern european leaders jeanclaude becoming the head of the european commission. The European Union is a very good thing for the united kingdom. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. As you can hear in the headlines, we are watching for news out of brussels. Breaking news, you can see the signatures being done on official documents. This is a Free Trade Agreement thats being passed around, the likes of muldova, signing these the documents. Leaders of the respective countries all there making history in this Free Trade Agreement. Will it make a difference . Many people hope so to the fortunes of these countries he. You can see the final page as the european leaders put their names on board, as well, hollande the latest to sign the documents. The headlines being used are still around who wi
You have one on set with you, i think. We have one on set here. Weve been playing with this for the past few days. Looking up your noses . Looking up our noses. I thought i saw one on a stick over where you are. Am i wrong . Is there a gopro around here on a stick . Oh, yeah, youre right. Yeah, youre right. You know more than i do about was going on. This thing will be live on show . Thats dangerous. It is. This camera is dangerous. I actually one of these, by the way. I own two of them. I own one, too. What do you do with them, put them in your race car . Exactly. Theyre in my race car. Theyre tough. Ill give the gopros credit. Well be talking a lot about gopro during the rest of the program. In other news right now, new York Attorney general Eric Schneiderman who becky will be talking to in a little bit, too, is slapping barclays with its securities lawsuit. They alleged the bank gave an unfair advantage to its High Frequency trading clients. Orders on its trading venue. Instead rath