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Transcripts For CNBC Worldwide Exchange 20121205

Its had a number of approaches enter sbred interested in buying the venture. Youre watching Worldwide Exchange. The final serves as pmi better than the familiar number. The 45. 7 was a tickup from october. The final composite pmi is also higher. 46. 5 to 45. 8 flash as well, the highest since july. So the economic slump a little less pronounced in november than previously thought, although the session still looks very much on course for another quarter here for europe. The pmi will rise above 50 that divides growth between contraction. Hasnt stopped the euro dollar from hitting a one and a half month high. I suppose we know growth is going to be anemic, but if Spanish Banks are getting some money, are we feeling slightly better . Thats what euro trades on, isnt it . Pmis are all very interesting for the economist. But they want bigger stories. Most of the news flow, its helpful to the euro. People have been trying to affect this rally for a while. We are close to those october highs. T

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