We do. Last year we did a special design for the year ahead issue and we are doing it again this year. We are parodying other magazines. I love it. Is really fun. There is a lot of material in this issue and it makes it more digestible. The economic section looks like the economist. The tech section looks like wired and you have to wait and see the rest. Our department did a nice job of both helping the reader get through it and also helping the reader read the text. It is all very readable and i put a smileyoull on peoples faces also. This is the fourth year that you guys have done the year ahead issue. You have an editors note at the beginning it would you are urging caution. That is the message of a lot of the stories in the issue. The economy is still in a muddle, but the people we spoke to sort of saw a clear path to growth. Was not a time to take huge risks. As i Read Everything we did caution was the word that jumped , out at me. But i think will jump out and readers too. In the
We do. Last year we did a special design for the year ahead issue and we are doing it again this year. We are parodying other magazines. I love it. Is really fun. There is a lot of material in this issue and it makes it more digestible. The economic section looks like the economist. The tech section looks like wired and you have to wait and see the rest. Our department did a nice job of both helping the reader get through it and also helping the reader read the text. It is all very readable and i put a smileyoull on peoples faces also. This is the fourth year that you guys have done the year ahead issue. You have an editors note at the beginning it would you are urging caution. That is the message of a lot of the stories in the issue. The economy is still in a muddle, but the people we spoke to sort of saw a clear path to growth. Was not a time to take huge risks. As i Read Everything we did caution was the word that jumped , out at me. But i think will jump out and readers too. In the
Glencore goes from doom to dividend in the space of year. We will break down the numbers. Its turn our attention to what is happening in the market. Show you what the gmm looks like around the world. Yesterdays solid session, and a big outperform a, italy up id two points, 2. 3 . This idea that maybe the ecb will step up and deliver for italy if we get a negative result in the referendum continues to move markets. Also what is happening with italy. Iron ore surging overnight in china. The medals are definitely doing well. As you can see on the commodity board. They continue to power ahead after the massive move we saw yesterday. The dollar is weakening, we down by. 3 of 1 . Mnucll watch what stephen hin does. Still trying to understand the parameters of what this new cabinet is way to look like. That is a significant factor. We will continue to talk about it. Bond markets waiting for data, there is an awful lot of data coming out of europe. Let me run you through where the fair value i
Snapping a sevenmonth losing streak. Deal maker, russia selling an 11 billion stake in its Largest Oil Producer to glencore and the Sovereign Wealth Fund. The russian president went on national tv to tout the deal as one of the largest acquisitions in the oil and gas sector in the world and in the world in 2016. Thats what you need to know at this hour. Lets turn back to our main story, the upcoming ecb decision. We turn to our Bloomberg Team in europe, with our colleague, matt miller. Looking rather cold over there. And paul gorton, who leads the coverage overall of the western European Central banks, in a somewhat warmer situation. Matt, lets go to you. What do we need year from the ecb and mario draghi today . Matt what we want to hear, david by the way, its great to hear your voice is that there will be an extension of the Quantitative Easing Program. The consensus is six months past the march deadline and about 80 billion euros a month, a continuation essentially of the program as
Stocks are going to end. Ceo jimin charge, moran, joins us later in the program. First, markets. David in the markets this morning jonathan in the markets this morning, s p 500 futures down. Over in europe, a day of gains. The ftse up 510 and the dax up 1 10 of 1 . We will get through the other Asset Classes for you. Cable, big story. The pound at 144 as i speak and the euro at 1422. 47. 75. Ti up about 1 10 of 1 . Around the world and check in with our Bloomberg Team for indepth coverage of our top four stories. Mike mckee on a barrage of u. S. Economic data this morning. Guy johnson has details. Will kennedy is in london for the latest on the oil rally and home depot beats the street. We will break it down with matt townsend. In new york. Plenty of Economic Data including Consumer Prices, and housing starts. Michael mckee has great sense with his presence. This is all about inflation. How decisive will todays cpi really be . , for twot be decisive reasons. The feds target is based on