Threatened by u. S. Tax rules. Is the inversion era over . What does the head of the imf have to say about greece and Global Growth . Bloomberg will speak first two Christine Lagarde later this morning. By what was happening in the european banking center. We still do not know what the Panama Papers mean. Zeb we have not heard from the regulators. We are starting to hear from the banks. They have said they have done their due diligence. We have not heard from investigators. This mysterious thing with the banks could be the tip of the iceberg. It is not like panama is the biggest tax haven. It is one of many. And they are very clear confident in their compliance practices. Given the history of all of these stories. We are going to find out how investors feel about their banks very shortly. It looks like we are heading to a negative start to the day in europe. European stocks are pulled down. The cac is going to open up lower. London is down. 4 . We are going to see a negative start here
Analysts have been trumped. China is slowing down. How much a concern is that versus the stimulus to come from the chinese central bank. Chinese factory orders contracting at 49. 2 . Will li step in and help the market out . Lets see what is coming lower. Torture bank there you go. Deutsche bank is one of the only gainers. We will talk about that for you have bmw down. On the downside. London making the new record trading day yesterday. Lloyds is up 0. 3 . We will take a look at some of the individual names that are running through the market. The other end is this. Fisher saying there is 1937 scenario and the San Francisco federal government saying midyear. The same as the message of yesterday. The heat and humidity has been taken out of the dollar. You can see that when the euro trying to trade up back at 110 level. [indiscernible] the biggest 2day rally. China is about 11 of the worlds oil production. Copper, the chinese is buying copper. Around 8 in the past three days three it clo
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