Weakness in those currencies are going to hit their sales. A realf a relief after selloff in the shares this year, trading higher today. Thank you. We will have plenty more from inditex shortly. Of a companyhe ceo coming up about 15 minutes from now. They said that improved underlying trading in the second half is what they are expecting, but they are seeing a lot of Foreign Exchange impact. From of these earnings another u. K. Company. Some 4. 8 . P down we have Corporate News and geopolitical tension. We have the u. K. Budget and we have janet yellen. Context for into us. I will give it a go. Futures are mixed or the mornings. It gains yesterday across europe. Today is going to be busy. Bank of england minutes, unemployment data, all dropping at 9 30 u. K. Time. Then you have the small measure of geopolitical risk as well that has not left the radar. Forward guidance is the buzzword. We are pretty much dead flat. Mib up by about. 1 . The ibex up by about. 3 . Theybody is talking abou
That is a big deal for the bank of england to say that. It is in the mix today. Central banks in both norway and thailand expected to keep their rates steady this year. In the u. S. , 7 00 we have the Weekly Mortgage applications data. A 30, the current account balance. The big one at 2 00, the fomc Rate Decision. Everyone is talking about this one. Make sure you tune in to Bloomberg Television at 2 00 for our special coverage of the fomc Rate Decision and Janet Yellens News Conference which will be at 2 30. This is special coverage today. I will be there. It see what they will do or not do. And the dot pot forecast. I am bored by that. You are bored . We had fun with it yesterday. Like this dot chart . This, thert like rest of them are down here. They move around. Where is janet yellen . You dont know which dot is which and you dont know when they move. Earnings, believe it or not, Federal Express is today at 7 30. After the bell, red hat. Mary barra facing lawmakers yet again in wash
Welcome to countdown. I am mark barton. It is 6 00 and london. Bloomberg reporters ready to deliver the stories that will drive your day. Elliott is in tel aviv covering the iraq situation. John kerry calls on the countrys leaders to unite. Ryan chilcote is in the studio on the current state of play with south street pipeline. Manus cranny is here looking ahead to mark carneys grilling in front of lawmakers today. It is the deal this is a lot about u. S. Companies trying to avoid taxes. Caroline hyde has the autopsy report on the monsantosyngenta talks. Exclusives an mineview with the head of old bank, peter weinzierl. Called to unite against an al qaeda Breakaway Group to seek after the countrys largest oil refinery. This would seem to reinforce very concerns that i rock iraqs very survival is at stake. Bighe oil refinery is a loss. Lets not beat about the bush. This is the largest in the country. There have been reports of shortages of Refined Products in the kurdish region. The seco
Preliminary pmi. Also pmi data out of europe showing growth in manufacturing closed fastest pace since 2011. France improved and german manufacturing the highest in three years. A mixed picture but over the weekend very clearly we saw the idea of a tempered Global Economy and decidedly tempered russian economy. Something we will be able to discuss with Richard Clarida, guest host for the hour as well. Economic data in the u. S. , not a lot to go on. Chicago fed National Activity index. That does not typically move the market a lot but market pmi numbers for the United States at 9 45 p. M. Nine footie 5 00 a. M. Toi know you want to get company news. Herbalife to nominate three additional carl icahn designees to the board. Of course, herbalife has been down i think 42ish recently but there is a continuation of the soap opera. Bill miller on friday i thought was brilliant in his support of activists like carl icahn. He definitely was in the corner of carl icahn and also made comments abo
For russia for the continues violence in ukraine. But russias most powerful man tells cnbc he will continue to collaborate with the u. S. Despite sanctions. We will continue to work to demonstrate our efficiency to be both beneficial to russian and American Companies. And from the pitch to the palace, prince phillipe ready to take the throne as spains new king after the 20 defeat against chile. You are look at live pictures from spain where prince phillipe is about to enjoy his coronation as the new king of spain. So a happy day for spain, but a sad day in many other respects. They were crushed out of the world cup. Remember, they were champions when they lifted the cup the last time around. Very different circumstances this time around. I guess its up to him to pick up the pieces after that crushing defeat yesterday. Did you watch it . I did not. I watched the australian game. Aus trail is out now, right . They are, fortunate. And the dutch are one of the favorites. Lets get back to t