Streak in a year. The euro is gaining. The danish krone is gaining and the Swedish Krona and the norwegian krone are declining. The yields are falling in the third column. Today. F data gdp, germany, powering ahead in the Third Quarter, underpinning the recovery and the wider eurozone with gdp up. 8 in the estimate was. 6 . That equates to 2. 8 year on year. That is the blue bar confirming the but despite prediction the German Economy carried its strong growth performance in the second half putting it on course for its best year since 2011. Said, theng, as i european economies performance with gdp in the eurozone up. 6 in the quarter, in line with the earlier estimate. 2. 5 year in year, chugging along, the german and the euro zone economy. Gdp data out of italygdp accelerating in the Third Quarter. Grew,ual basis, economy the most since the First Quarter of 2011. And that underpinning the attractiveness of italian debt. This is the difference between germany and italy, the 10 year dow
By train to speak to commerzbank s ceo. Our cost cuts working for this german lender . Futures are positive for europe. We are in the thick of the corporate earnings season. We will be focusing on those corporate stocks. We have a positive start priced in for equities, castrating starts shortly. The story you need to take away is the dollar continues to remain bid. The euro is on offer. The greek market down by over 2 . Let me show you how the bunds are. The market getting more bid. Bit of aing a little fluff in the market but we are back to where we are in bund yields. The yield is. 296. Lets get a bloomberg first word news update. Societe generale has reported fourthquarter profit that exceeded estimates. Their income were 319 Million Euros to my down 41 from a year earlier but above the 350 million euro analyst estimates. The french lender announced plans for an ipo of its car leasing business. At the same time its deputy ceo told bloomberg why he is not concerned about the socalled
Join us to explain a little bit later. Thats some real money. Yeah. Lets start with the jobs report and the latest out of washington. Another busy day there. Steve lease man is there at cnbc headquarters and eamon javers is at the white house. The president s team taking strong for the 235,000 jobs added in february even though it came just a month into the trump presidency. Reporter i think it was a perfect number. Right exactly where it needed to be. Our jobs plan and our Jobs Creation and bringing jobs back to america is going exactly the way wed like it to go. When i was on a month ago we talked about bringing jobs back. I think this number reaffirms everything that were trying to do. No matter who was responsible, it was a very positive report. Unemployment falling to 4. 7 and it was helped by some temporary factors, for example, warmer weather but showing good underlying strength and payrolls. Heres where the jobs were, construction up 58,000 along with leisure and hospitality. T
Africa. The president orders his finance minister to quit and investor roadshow. Its 7 00 a. M. From kuwait city. It is 12 00 noon here in hong kong. We look at asian markets this tuesday. Very decent session. We are looking at a dollar flat. Makes. Ssentially im looking at the bigger picture. Have a look at my bloomberg chart. 7142 on your bloomberg. Pace, even if we do consolidate over the next two or three days, we are still on track for the best quarter for asian equity in the last seven years. If you take japan out of the a contest out of the equation. Nothing is going to stop us now. Take japan out of the equation. Nothing is going to stop us now. Yousef the impact it is having on the middle east and africa. The state of play in the last 24 hours, just under two hours away from the emirates markets. On the saudi. Me a lot of pressure on financial and utility specifically. They are dragging to buy down. That stock is still in focus. Properties offering some support for a blue dobb
Sovereign nation, confirming moscows view the syrian army does not have chemical weapons. We are in a positive mood over grease, says eurogroup chief jeroen dijsselbloem, as ei finance ministers arrive in malta to try and reach a deal to unlock the next greek bailout tranche. The United States has launched a missile attack on a syrian governmentcontrolled airfield near the city of homs. 59 tomahawk missiles were fired at the target. Speaking from maralago , President Trump said that the strike was made in response to the assads government use of chemical weapons earlier in the week. The pentagon spokesman said the attack was a proportional response and was an attempt to stop the regime from using chemical weapons in the future. Jay gray has the latest. Reporter tonight a u. S. Military response after horrific illegal chemical weapons attack in syria. Tonight i ordered a targeted, military strike on the airfield in syria from where the chemical attack was launched. Reporter after discus