Housing market, Interest Rate rises are ultimately inevitable. As long as mark carney pulls a shoe with his commentary in a gradual, limited process, we feel the market can deal with that. And missouris governor calls in the National Guard after tear gas is used in ferguson to calm protests sparked by the shooting of a black teenager by police last week. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Very nice to see you this morning. Plenty going on on the geopolitical front, no much on the market front, but lets look at europe. Every one of those rose represents a tenth of the market. 95 of stocks are in the green with only a small smattering to the down side. The netnet is that the european euro stoxx 600 is 1. 1 to the up side. Is that to the detriment of the individual bond markets . Well look in a moment, but the xetra dax, which has been so hard hit on concerns about exposure to russia is the best performing of those major intercre
Welcome to countdown. Im an edwards. Bloomberg reporters are standing by ready to deliver the stories of will drive your day. Caroline hide his year with a look at mark carneys warning to. Nvestors Ryan Chilcote is following the u. S. Response to rising instability in iraq. His own way. Going hans nichols is in berlin to see why the move may use tesla. The bank of japan sticks to its stimulus plan. John dawson has the latest details from hong kong. That could threaten britains recovery and rate hikes could come sooner than markets currently expect. Thats the warning mark carney gave it the annual Mansion House address. Business correspondent Caroline Hyde has been following the events. Good morning. How soon will the rates rise . Its the impossible question. Stands atmoment it april next year. Be could see many speculating and Interest Rate hike as soon as the end of 2014. Even if this is the most hawkish we have heard him basically since hes taken over at the bank of england, this is
In doubt. The hedge fund heads to court today after being charged by the u. S. Government of systematic Insider Trading. All right. Were into the last Worldwide Exchange of the week. One hour into the trading day here in europe. Pretty even stevens really on the dow jones 600. Yesterday, the ftse was down, what, half a percent, 32 points lower. It tried to crawl a little higher this morning. Mit mixed earnings session yesterday. Xetra dax down 15 points. Ibex continuing outperformance from yesterday, up another third today. And cac reasquarante up twothi. Number of stocks to focus in on. Renault lifting core profit despite slumping sales. A rise in first half earnings after reducing costs. The stock up 2 . Lvmh is battling a slowdown in markets including china. Results are still posted, though. Amazon shares in frankfurt are down about a percent. It posted an expected 7 million loss in the Second Quarter. Sales particularly weak in europe. And it looks like investors approved of anglo