They revised september to the highest and leaving germany to a dire situation as we previously expected. What is everyone expecting . What the ecb is really doing and yesterday was such disappointment, draghi not bringing ahead the stimulus that had been wanted. Saying putting it off until these january two reassess the situation as to whether we need fullblown quantitative easing. Many feel he is just trying to get his ducks in a row and convince the rest that this is the course of action necessary. 1. 5 . Up more than clearly a lot of appetites out there. We are seeing the euro pretty much trading while flat. Oil continuing to trade lower at the moment. A full day of the klein on oil. Of course that continues to put pressure on prices. Lets have a look at the market for you. Maybe a little bit of arise in yields for the 10 year. Appetite to buy into debt by three basis points and spain as well. Appetite for risk once again being shown and bond buying. Also of course is this really be
Welcome. Youre watching the pulse live from bloombergs European Headquarters. Were here in london. Im guy johnson. Im francine lacqua. This is our top story. G. D. P. Came in ahead of economist estimates and dashed some hopes for large scale stimulus in worlds second largest economy. Bloomberg economist tom joins us from beijing with details. First of all, are we being overly aggressive when we said there was a surprise on the upslope . This is still the weakest data we have seen since 2009. I think that is a good way of looking atice, guy. 7. 3 growth in the Third Quarter was slightly better than 7. 2 expectations but only really marginally better. If you dig into the details of what is behind that number, what you see is continued weakness in the domestic economy. Real estate has to have been the biggest headache for chinas leaders, continued contraction in sales and property. That is being offset by the u. S. Consumer, a little bit little forms of exports a little stronger in the Th
Britain s Revolut is to become the first tenant in a newly refurbished building in London s Canary Wharf financial district, taking on 40% more floorspace for its new headquarters as the fintech. -June 12, 2024 at 07:08 pm EDT
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