And china takes another blow with six more firms fined more from 100 million for price fixing. All right, warm welcome to the start of Worldwide Exchange. Stocks in the red today. Had the selloff in the states last night. Advancers outpacing decliners 72. The ftse yesterday down about 15 points. Then saw the dow off 93 points, s p down 9, nikkei below 40,000 this morning. This is where we stand with european, just over an hour into the session at the moment. And we pull it up. Were having a little technical issues right now. Dont know whats going on. Right. There we go. Good. Ftse 100 is down half of one point. Ftse mib up a quarter. The ibex is down twothirds. Bond market rates, keeping our eyes on gilts. Inflationary report due out 10 30 london time, half an hour from now. Maybe more dovish, mr. Carney, than some expect. We had a raft of really good data out of the uk, of course. And it is going to be about is he going to issue Forward Guidance. Gilt yields lower because of stock wea
Welcome to todays worldwide exchange. Ross westgate is away. Im kelly evans. These are your headlines from around the world. A new chief executive after dropping profit. But cnbc reports the leadership change isnt related to the results. This is a process that started years ago. Happens to coincide here today with a weaker pricing environment. But two totally unrelated events. Teleco stocks on the move. Kpns 4 billion Capital Raising plan is backed. Full year earnings below expectations. And comedianturnedpolitician says his moving is unstoppable. In an exclusive interview, he says italians need to step aside. The rush to set up shop in china is down. The fastest decline in more than three years in january. Okay. Lots happening on the program today including a grew interviewer coming up. Well be counting down to the bank of england minutes after Andrew Bailey is to lead the new banking regulation unit. The minutes will be out in a halfhours time. Well bring those and u. K. Unemployment
US stocks erased strong morning gains and finished lower after better-than-expected US economic data triggered a jump in yields ahead of the Fed's monetary policy decision on Wednesday.