I want to talk about bond markets, for me this is where things get frisky. Japanese government bonds they are defying me, but what you are seeing the government bonds have been negative in germany, the japanese went in tandem. Is it fear inflation or what is it . Is it deflation or fear of a bigger route of the equity markets. John williams says june is reasonable everybody is pushing and hedging and migrating their view on where the euro will go. Will the rate cycle happen this year . Can it happen this year . Global bonds are at their lowest yield since 1996. 1. 21 on a global basis. Does it create asset bubbles elsewhere . Not my job to know. 44 points for seven is where we are on west texas intermediate 44. 47 is where we are on west texas intermediate. There you go, oil is on lower. Three stocks which are in focus today. A little bit of retail. W m morrison looking for a new ceo, a stock up Dalton Phillips steps down or is stepping down. His performance is underwhelming. He delive
Attacks. Hackers attacked the u. S. Militarys twitter account. Welcome to countdown. I am mark barton. I am anna edwards. I am manus cranny. Beats his rival, the award for the best Football Player in the world. Greece doesnt have much time, the words of the greek finance minister speaking exclusively to bloomberg just 12 days before the general election. He has given us a wide ranging interview on his nations prospects and the challenge posed, a snap general election on january 25 and early polls show the antiausterity party is the favorite. Alexis had promised to write off some of the 322 billion euro debt. Greece could be forced to leave the euro and samaras was to start his own deal. Wants to strike his own deal. For more on greece less give it lets give it to Elliott Gotkine lets been speaking to the finance minster. Good morning to you. It was a confident and apparently relaxed finance minister i met yesterday morning. Perhaps, after the elections something less stressful to do ot
Time since 2002. We break that data in under 30 minutes times. Lets look at stocks. They rally after the u. K. Supermarket oust. German rival metro beating expectations on its consumer electronic division. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. All right. Oil continues to dominate the investigator discussion. Oil taking another leg down with wti and brent both slumping around 2 . Near a six year row. The iranian president delivered a fresh warning saying the dramatic drop in prices not only hurts iran but other producers including saudi arabia and kuwait. They defended the decision saying prices would stabilize at profitable levels. He also said the organization had no plans to meet before the next scheduled meeting in june. You can take a look at shares right now of oil trading down about 3 in todays trade. Indeed and the dramatic sell off comes as china reported record crude imports next month. China also posted a better than forecast ris
Testimony. And a bloomberg exclusive. Morrison has contacted private equity and waning interest on taking the supermarket private. Hello and welcome to countdown. Its just gone 6 00 wednesday morning in london. Bloomberg reporters are standing by ready to deliver the stories to drive your day. Manus cranny has been digging into Janet Yellens testimony. Asia shares are gaining for a sixth day on the back of Janet Yellens comments. Looking at the bank of england Inflation Report today and stay with countdown for these big interviews. Right now. G we will speak to the ceo next. Our for more insight our very own Francine Lacqua ds for anto harro exclusive interview with ahmad alsayed. We will hear from that interview through the morning. Heineken just coming through. Fullyear operating profit coming in at 2. 9 4 billion euros against analyst estimates of 2. 96 billion euros, so just a shade lower but in the same region. They see organic Revenue Growth in 2014. Interesting insights coming t