Anna welcome to countdown. It is just now 6 00. , letsgen is a big story think about what is happening in the markets. That hasr index, but been doing since the Federal Reserve met, you can see it bounces up since the post fed fall from the dollar. We see it heading steadily upwards since last week. We have seen a number of hawkish comments coming through from the fmo say. Fmo see. Still on the table at the time when the Federal Reserve could increase Interest Rates . Janet yellen will be speaking later today, 10 00 london time. Anna lets talk about volkswagen. They are looking for a new chief executive after Martin Winterkorn step down. Stepped down. They will meet tomorrow to select his successor. Hans nichols is live on location at volkswagens headquarters. Said he did not know about the cheating, why did he leave . Transport the pressure the pressure was mounting. Among statements we had last night, most interesting is that volkswagen has pledged and referred this matter for crimin
Lets go to the nasdaq. Thats the heart of this a boolean in markets. Ebulliance in markets. The nasdaq breaking the new record. It took 15 years to get there. Its training around 28 times its earnings. The multiple in 2000 was 190. Its a different beast. The components are going to raise dividends. Some other news, banks are in focus. All in an effort to raise capital. Youre going to get new asset managers. Unicredit will get a quarter of a percent. She will focus more deeply on what she is doing and raise those assets away. Oil pretax profit to zero 5 million. That beat the estimate. Electrolux beat estimates. North america i was surprised. In europe the margins are improving. The Cost Saving Program is working. Astrazeneca also had their set of numbers today. That came in at 1. 0 eight cents per share. They are sticking to their forecast. Those are the kinds of stocks we are keeping an ion. Eye on. The question is where does the dollar go next. We will leave it there. Thats it for me
Instrument in the tool belt. The protests in bangkok gathered steam as demonstrators defined new security laws and surround key government limits in a bid to top trillion government. A boost for investors, the spanish oilmaker strikes a deal with argentina over a price for the stake in ybs in 2012. And shipping into gear, crisis as it intend toss lift shares on the New York Stock Exchanges. The automakers ipo plans will likely be delayed until sometime next year. Announcer youre watching Worldwide Exchange bringing you Business News from around the globe. Announcer youre watching hello Worldwide Exchange bringing on todays show, were joined sclus you Business News from around ively by the the globe. Announcer youre watching Worldwide Exchange bringing smiping manager of oocl. See anna looks to approve ads 3 billion Capital Increase were going to enter in as well as the new san paolo chief carlos sanchino attends his first management meeting. Well get the latest on the winter storm thre
Shares in siemens slump with a quarterly loss it reviews the russia business no technical justification behind the cuts. We have no major announcement from the breakdown of operations this is why i cannot reconcile a technical reason for the supply of gas. And moodys cuts the italy outlook to negative with the political volatility in rome the center level is falling apart ahead of the key general election good morning welcome to another trading week. European markets digesting the strong payroll report of 528,000. Almost double what the market considered very strong number the Unemployment Rate also lower. Coming in lower heexpectations a recession defying number that reaction so far across markets has been positive. Stoxx 600 today is all trading in the green as far as the heat map is concerned the index is up 5 Percentage Points the week as a whole, the stoxx 600, down. 60 starting off on a better foot. This is the breakdown. The toftse 100 is higher today despite the gloomy Economic
Markets looking for a modest extension to tuesdays rally. Results from boeing helping combat global data. Ceo Marissa Meyer defending her m a repurchasing strategies and jamie dimon says it shouldnt be so hard to get a mortgage right now. Well talk more about that. Stocks hoping to main ttain the upward momentum. Nasdaq up 2. 4. First tripledigit move in almost two years. The dow now back to positive territory. Boeing is going to have a big part of that today. Boeing, once again, the premarket from 129 to 131 has since come back. This is a Conference Call story because you got to hear about what military because they didnt have good execution last time. Return of capital, we got to hear that. The tone is better, confirming what alcoa said, which is they have the biggest share of each plane. Lets take a hard look, but i like the tone of the big industrials. I think that literally has been the theme now for the last four days. Boeing is going to go positive for october this morning, whic