If you have to pick the big winners, precious metal producers. I will tell you why in just a moment. Dollar, it aussie opened that much weaker levels for obvious reasons. It has now retraced its steps. Notet want to mention this midmorning, they believe they see more aussie weakness ahead. Whenever we Start Talking about it, it happens. The other market story i want to mention, the equity markets. These contracts are obsession highs are obsession highs. Our off session highs. A very good start to the trading week. Wonka, the stock was halted in december amid a power struggle. We have the story. The pressure really on for van. E. Back at theok reasons why it was suspended in the first place, you could call it a hostile takeover. The president this is what the president has been calling it. Less than 5 to 23. 5 and became the biggest shareholder, pushing out china resources. The chairman could have a negative impact on the Credit Rating and reputation. Vqnke is the largest traded propert
Ehran. Welcome to countdown. Coming up, we are going to bring you a look at the geneva show. We will speak with sergio marchionne. Despite slow growth in the european market, prospect of the future are promising. It is nothing spectacular, but it is consistent. It is not a flybynight. It is not a flimsy recovery. It is a decent base on which to build the future. That Economic Reforms being carried out by the european governments go through, and if European Unions see their way to learn how to manage themselves, i think the prospects are good. India bank just cut Interest Rates in an unscheduled move for the second time this year. The governor says weakness in asia goss thirdlargest economy has given the bank room to ease. He cut it by a quarter point. For more, lets get to anna preand i year anna. This is the second time the governor has acted around this global theme of policy easing. Bring us up to speed. It is the second out of policy cuts we have seen. He likes to keep everyone on.
Have taken if if it has to be taken with caution. Outgoing peugeot ceo gives up 21 Million Euros pension after overseeing 10,000 job cuts. And its no ordinary thanksgiving here on cnbc. Ill help prepare a turkey here in the studio. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Okay. Plenty to get through today on Worldwide Exchange. Three hours of programming. The u. S. Is closed, of course, today for thanksgiving so we have extra of the good stuff here. We kick off with just a recap of the german jobless numbers. Geoff, we were talking about this at the end of squawk box. A slight tick down in german unemployment. 2. 806 million. Euro dollar back up to 1. 36, about the best level in six weeks on euro dollar. Eurozone october ends three, up 1. 4 on the year, lower than the forecast plus 1. 7 . That means the august to october threemonth average, 1. 9 . Weaker than the forecast 2 . And private sector loans in october down 2. 1 versus 2 in
Welcome to countdown. It is 6 00 in london this friday morning. Bloomberg reporters are standing by across the world, ready to deliver the stories that will drive the day. We have the latest in hong kong on the tension in thailand. Ryan chilcote is live in saint it is berg at russias biggest business summit. And hans nichols has the latest on ges bit. First, live to saint petersburg. Dont miss our interview with the ceo. ,n thailand, schools are closed tv stations are under the command of the military, and International Broadcasters including bloomberg are off the air. The military seized control following a sixmonth political stalemate and Economic Growth in the country. For the latest, lets go to hong kong. Zeb, this has been boiling for a while . It certainly has, but it took the military just minutes to accomplish with the protesters have been trying to copley four months, which was to dissolve the government and seize control. That is exactly what we saw yesterday after several ho
Administration. Now as sessions is to amend his testimony for russian contacts during the campaign, and we have an uproar in the oval office. And explosive and unsubstantiated wiretapping claims against president obama, and one republican senator says he wants to know more. I dont know if its true or not, but if it is true illegally it would be the biggest political scandal since watergate. So its my job, as a United States senator, to get to the bottom of this. Where is trumps new travel ban . He originally argued it was urgently needed to stop, quote, bad dudes from rushing in, and now we are hearing an updated executive order could be signed as early as tomorrow. We have experts stand pwaoeug to break down everything for us, but lets start with cnn correspondent, ryan nobles in washington. What are you learning about the mood inside the white house . Yeah, good morning to you. Sources telling cnn that the president was frustrated and angry that attorney general Jeff Sessions was for