Inflation revised upwards. That makes the jobs of Central Banks around the world a little bit easier. We also have the iaea saying that the oil markets are rebalancing. The and across to atlanta, same idea as what you saw with eurozone inflation. A better feel moving from a lousy 0. 1 up to 0. 3 . A a lot of things, a sigh of relief. You could even dovetail back to Jpmorgan Earnings yesterday. Francine you can. Its crazy. Were of plotting 0 inflation. Better than we have had, right . Thats the brave new world. Lets get straight to the bloomberg first world nesws. Nejra ukraines speaker has been approved as the next prime minister. Poroshenko petro will take charge amid a volatile environment. Key Administration Officials have quit and the imf has halted a 17. 5 billion bailout. In south korea, the ruling party in yesterdays parliamentary election. It derail the economic reform plan. Preelection polls showed it extending its hold. Censors removed and anonymous posting on the chinese new
Michael mckee in london. We have a very busy week and we Start Talking about yields an Economic Indicators that disappointed. Michael we are starting to get ahead of the fed meeting on wednesday, the bank of japan on thursday. The bank of japan is a wildcard and it is having an impact on the market. Tom heard that vonnie quinn had been on assignment for several weeks and said he is not coming back until she returns. Nobody told him. She is back. Francine i thought he was getting caught up on game of thrones. I am sure he is also looking at jgbs. Isnie president obama pitching American Business today in germany when he spoke at a trade fair in hanover. So here we are proud to showcase americas commitment to innovation. You will see pioneering countries that are changing the way we live, work, learn, so this is another chance for me to tell everyone to come here and by made in america. The president also said Companies Looking to create jobs should set up in the u. S. The president is wr
And pimco says the worst of the price collapse could be over. Merkels moment to is the german chancellor about to win a Nobel Peace Prize . A warm welcome to the pulse, live from london. Im manus cranny. First up, minutes from the latest fed meeting show that the policymakers delayed the worsfit hike last month because of concerns about china. There was plenty of reaction from financial leaders of the imf and world bank. We will hear those voices in just a moment. But first, oil is about 50 a barrel, headed for its biggest weekly gain since august, coming as pimco calls the worst of the collapse and Commodity Prices is over. Bring in mark barton for some context. Mark have i got some stats for world the all country indexes rising for an eighth consecutive day, the longest winning stretch since february minutes from the september meeting are pushing out expectations for when the u. S. Central bank will hike interest rates. The msci in that eightday period has risen 5 , the biggest gain
New economic policies are just a starting point. Alexis tsipras got praise for a fourmonth extension of the bailouts, but the central bank and others say actions speak louder than words. The head of the euro finance minister groups says greece has a turn those actions into those words into actions. It has to be happening in the next weeks or months, then there might be new money available. The question is what should we do with what has not been decided yet . Olivia imf chief Christine Lagarde says the greek proposals do not offer assurances of those reforms will happen. Brendan ukraine has shifted to a diplomatic front. Paris russia, ukraine clash over who is violating the ceasefire. The government says overnight rebels attacked Government Troops in the area near the port of mariupol. The veteran who killed chris kyle has been found guilty of murder. A jury rejected Eddie Ray Rouths insanity plea. The judge has sentenced routh to life in prison without parole. Kyle was a former navy s
Happening in ferguson was oppressive and objectionable but worthy of protest. But there was no excuse for violence. Whoever fired those shots should not to tract from the issue they are criminals and they need to be arrested. Olivia last week, a Justice Department report says ferguson had racism and the courts. According to a person familiar with the matter, the fbi is now investigating whether billionaire investor bill ackman and people working for him try to manipulate herbalifes stock. The stock lost half of its value in the last year. We will ask bill ackman at 10 00 a. M. Eastern. In japan, a milestone for the japanese stock index. It is up 172 . The japanese are up more than 10 this year. There is so much oil on the markets there are not enough places to store it. The International Energy agency said that may lead to more price cuts. Storage capacity is already strained. The Senate Intelligence committee has approved a bill that make its easier to fight cybercrime. Companies will