Contracts are set to be signed. A big drop in watch exports to china. Data shows the 6th month of declines. And canadian Prime Minister resigns after suffering an election defeat to the liberal party delivering the countrys first liberal leader in nearly a decade. We beat fear with hope. We beat cynicism with hope. We have a positive vision that brings canadians together. Welcome to the show. Lets get straight to european markets. Yesterday we got out a little bit of a gain for Continental Europe although the ftse 100 was down and today its a lackluster open with slight gains for some of the markets. Ftse 100 up 0. 2 and germany up 0. 15 and france and italy both broadly flat. Yeah, so a flat start this morning. A flat close last night when we were saying goodbye to the market trade. When looking at the u. S. Markets and just seeing the indications and what were seeing ourselves up for still a number of hours to go. But flat to slightly higher markets. We have had big names through rep
67 billion. We will break down why bigger isnt always better and especially in the tech world. You look back at some of the other tech merge he wishes in the past, i thought of hue let pack err and come back which didnt work out well, that was 18 million and this one is 67 billion and there is a lot of debt involved in that one. Number two in the rankings the evongo come deal. This one does eclipse a lot of these. All your golf eye fish nad dose out to the gary player invitational, talk the business of golf with pros Jason Duffner and natalie golbas one of us is excited about this. Natalie had the great pleasure in the pro a. M. Of playing with dominic chu, i cannot wait to hear her view of doms game. Plus the innovation in the auto sector tnls at pace. A special edition of the spark today with a company that says its product can determine stress and road rage. Are you feeling stressful . See you after the exchange. I cant wait for that. Lets start with oil. Taking a big hit as you saw
Amazon. Defending the Online Retail giants tax affairs. And americans celebrate fourth of july. Will scotland be getting its own Independence Day . Celebrate 35 days ahead of the crucial referendum. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Concerns have been expressed regarding the historical low Central Banks easing pressure. The bundes Bank President says the ecb needs tone sure rates and not kept too low for too long. Speaking at the same conference, he said governments across the eurozone should not view the kurnlt environment as an invitation. The emphasis should be on reforms which promote growth and productivity. And korea isnt the only one concern. President draghi had this to say. The Exchange Rate is a different issue. There, to some extent, there are many factors that influence the Exchange Rate. And i dont want to dwell on each one of them. The low levels of inflation, extremely low levels of Interest Rates do have an ef
U. S. And iran over when sanctions will be lifting following a landmark nuclear deal but they send a delegation to china to discuss oil supplies. Samsung shares are lower despite the most promising in a year. This as they prepare to release the latest smartphone. Good morning, everyone. Lets just kick you off with some euro zone data. Final pmi we have the composite and services data. It came in at 54. 2 versus forecast of 54. 3. So just a touch below expectations but it is a raise for the Services Component from the month of february when we saw 53. 7. Now the march composite pmi and it was at 54. 1. So both with the composite and the services. A slight miss but its still an improvement from the month of february. Lets get instant reaction from david owen. Good morning to you. Hope you had a very good easter break. Yes, indeed. Fantastic. You are feeling equally upbeat about the euro zone economy arent you . Data points on the manufacturing side and Service Sector side that are much b
Japanese electronic giant secures a 1. 9 billion bailout. Lets have a look in on european markets. The stoxx 50 is flat. We did have weakness across europe yesterday. It was only pronounced weakness for the dax in germany off more than a percent. Partly because gdp figures were a little disappointing. Its a continuation of the unwind of qe trade dom natd market trade throughout the year so far. Lets look on what the rest of the european markets are doing today. The ftse 100 below flat. Germany and france managing to stay just in the greece. France just ticks down into the red. Italy also just below flat. Of course there has been a continuing sense of volatility of weakness in the markets. We were a little weaker earlier. We found a little bit of strength over the last half an hour or so but in general certainly nothing to write home about. Lets have a look at bond rates. They continue to be one of the key drivers of the unwind weve seen highlighted by the 10 year in germany. We look at