Overview on what we are expecting. The main asset class that are moving. He stoxx 600 gaining 1 . Were seeing Bond Investments from saudi arabia. Stocks rallying and commodities rallying. This has to do with speculation that that the fed will remain acome tavet. Let me bring over to my bloomberg terminal. This is the picture for the terminal. Let me get rid of my messages. This is the picture for the c. P. I. Harmonize. Data comes out in half an hour. This is what mccartney will look at to see what he can or cant do in terms of cutting Interest Rates. It has an impact on our prices and the blue sideline prices. Input prices significantly rising more than inflation so far. Lets get straight to the first word news. Barclays says investors should buy european equities regardless whether the Federal Reserve raises borrowing costs in the next three months. Given the support from Central Banks from around the globe, the overall picture is very supportive of stock markets. Australias Central
We have been looking for direction today. Gettinge not exactly at. We are still positive for the day but we are actually near session lows right now. The s p 500 is up by one third up for 10th dow is of a percent. Up by 150 points at the start of the day. Up 40 points. Into my bloomberg terminal, check out the imap function. You can see the telecoms and Consumer Staples are here. The biggest leaders right now. Been the biggest library. It is now down by one third percent. Lets go ahead and take a look at some of the makeup of the energy sector, including nymex crude. Can see, interestingly, it has flipped into the green. It had been down by more than 2 . Sinceat its lowest level february 2009 because of those global glut concerns we have been talking about. Not seeing any recovery, down by years for brent oil. Betty what about airlines. They are rallying today. Ramy anytime you have a cheaper fuel, it could translate into better margins. By 2 . Rly up by nearly 2 . The ratings for 2016
Welcome to countdown. Breaking news crossing the bloomberg terminal from Deutsche Telekom. Caroline hyde is here. Basically in line with basically flat on last year. It is in line with where analyst had been expected. Sales were tiny bit weaker than had been expected. Analysts wanted 15. 2 billion euros but sales flat on the previous year. This is a Company Facing intense pressure in terms of prices. They have stronger competitors. Its going to up the ante in terms of pricing competition. The chief executive has vowed to revitalize the company, particularly the european operation. The biggest setback of course all over the news yesterday is the u. S. Unit. What will happen after sprint walked away . Sprint walked away because of concern about regulation. They were looking to merge the number three and number four players in the u. S. The regulator came out with a statement yesterday evening saying sprint has to focus attention on the competition in the u. S. And they are quite happy wi
25 to 30 . Reporter the administration also reduced last years completed even rollments from 7. 3 to 7. 1 million paying customers. And even though the administration is predicting a 25 to 30 increase for 2015 over 2014, that number substantially below projections from the ÷zvu aurap constitutional Budget Office which predicted 13 million signups for 2013. One reason for the shortage is that the signup period is half as long as it was last time. If youre going to get your enrollment straight for january 1, 2015. You have to get all of this done, all the shopping, all the examination, all the signups done between when enrollment starts on november 15 and december 15. Thats just one month. Reporter a much more crowded Enrollment Period on a website that was unveiled today. The Administration Says it open hopes it was ready to go, but secretary burwell acknowledged that theyre preparing for any problems. We will have things that wont go right, we will have out ans, we will have town time
Of late were going resuming again, were on item 13. And madam chair just to perhaps help people budget their time out there i want to remove from the calendar items 15 and 16 and hope they i am e come back with a clearer presentation with the just want to manuals there are a lot of red lining thats hard to figure out that is new and indifferent. Is that in agreement with you. Yes. Very good. Item 13 and authorize an agreement mapping 8 million 5 hundred thousand for at agreements for mocking son realignment project. Any questions for us on that one. I dont have any. I have a motion all in favor, say i. I. Opposed . Okay. The item carries. Im going to ask for Public Comment laughter . Got it. Consistent is is unfortunately okay. Removing 15 and 16 next item and for the power enterprise and issue the power enterprise bonds to fund and mapping 48 million a. Not to exceed 48 million. Charles k f o the second day on the job so far so good im pleased to present you to something weve been wor