Homeless oil refinery is hobbled in the oil refinery the German Media Company says a weak advertising will hurt Third Quarter profits, prosiesen good morning, everyone it is tuesday. If you take a look at the heap map, the stock 600 in europe, you are seeing a sea of red, a picture of risk aversion as we see that north korea has fired a missile over japan it is down by 1. 34 . We are trading at the lowest level in six months. This has to do with risk aversion in the face of the latest aggression from north korea and also the euro strength it has climbed above the 120 mark for the First Time Since january, 2015. Thats not helping many of the exporters in europe. Lets have a look at european markets. What you will see is we are seeing lots of red on the screens. There you go lets swap over, the ftse 100 off by 1. 3 . Similar for the other markets. When it comes to the sectors, media is one of the biggest declineers y it was downgraded by goldman sachs. It is looking for investors as the
Market bets. And the loser is price waterer house cooper apologize for their oscar mistake as la la land is accidently announced as the winner in a spectacularer best picture mix up. Lets get back to our top story. Al shares in deutsche exchanges deal appears in danger of collapsing, this after the British Group said the European Commissions was unlikely to approve the deal. But why . Here from frankfort to talk us through the latest developments. Reporter the latest is that lsu is dejected to divest a part of the italian business which the e. U. Commission is demanding. The lsu putting out a statement saying they couldnt comply with the latest demand from brussels. This would actually not go through the regulatory business in italy and also that wouldnt really help their extending in italy. So thats exactly where we are now, that brussels is demanding further action from the lsu where the lse is not complying. I was hearing from sources close to douch berger that they could comply wit
A rival Payment System that could be rolled out next year. Laying down the law. Activist investor bill ackman and valeant must face Insider Trading charges. Under review, iac puts a offer on the table for angies list sending shares in the company 11 higher in after hours trade. Welcome back to the program. Just looking at how the u. S. Markets are setting themselves up for trade we have 4. 5 hours to go before you get there. Both see an opening slightly lower with nasdaq a little bit higher. The dow closing down by 56 points yesterday. Setting itself up to snap its six week winning streak. You have the s p 500 on its 5th negative day in the past six sessions. 6 out of 10 in the s p sessions finishing negative yesterday with Energy Leading the pact to the down side. A loss of almost 2 seen there. Now when looking at our european markets we were called slightly lower. A couple of points lower most are hanging on to that trend. You have the cac and the ft ftse mib lower shy of 1 as well.
Porsche families stand at odds over ceo. And Hillary Clinton vows to champion Everyday Americans as she launches a president ial bid with a visit to iowa. Good morning, everyone. Its monday morning. How are you . I know. What a fantastic week. Its nice to be back. Fresh rejuvenated. It was not really good for chinese exports. They dropped 15 . The masstive drop it really causes a lot of people this morning to question once again the strength of this huge economy whether or not were going to have to see a slowdown coming from asia. Im not so sure. We know that chinese data is very erratic, it tends to be extremely volatile. For the first two months of the year chinese exports were up 15 . Were now seeing this big draw down . Is it because of the Chinese Lunar holiday, we dont know. What weve seen these triple arcogs. Were seeing Chinese Markets rallying today in anticipation of more stimulus. What difference is that going to make . I dont know is the answer. However t might be an elemen