There is only one game in town over the next 48 hours. The federal Market Open Committee meeting. Will we have the end of q. E. 3 and how will they signal an increase in Interest Rates whenever that is going to be. Transition from q. E. Ends until the beginning of Interest Rate increases. Lets look at whats happening for euro. Rising for the third day against the dollar. Interest rate expectations are being pushed back in the United States. That benefits the euro. It is up for a third consecutive day against the dollar. It is up by. 10 today. 127. 14. Inally these are the stocks 1. 2714. These are the stocks were watching. It is a busy day for earnings. Earnings beat estimates. Profit missed estimates mainly ecause of legal costs. Lloyds. 9,000 jobs cut. That means various branches will be cut as well. Profit rose. That was a beat but investors obviously choosing to focus on the closedown of the branches and the slashing of jobs as well. U. B. S. Higher. B. P. Higher and european marke
The beer for back in 2009. And investor reaction is muted in china as the gdp is above forecasts. Youre watching Worldwide Exchange bringing you business from around the globe. Welcome to todays program. Plenty to get through. The u. S. Stocks are closed for Martin Luther king day, but well have other things on todays show. The lackluster Commodity Prices continue this year. Will chinas growth translate into a turnaround for the sector. Analysis at 10 15 cet, about 15 minutes from now. Deutsch banks surprise Fourth Quarter loss and at 10 30 they expect the stock to underperform amidst regulation and Capital Requirements. At 11 30 ct well head to cairo to see how the political landmark will play out after the new constitution was voted in. And at 11 50, well dive into the market with a look at the famed Sports Illustrated swimsuit issue. Believe it or not, its celebrating its 50th anniversary. What a marvelous institution. Now, deutsch has issued a surprise profit warning posting a pret
Youre watching todays Worldwide Exchange. Im ross westgate. Here are the headlines today from around the world. Spanish Bank Stocks Hit hard. Bbv bbva, sees profits plunge. A pair of china Manufacturing Survey seeking expansion in january. The official pmi has slipped below expectations. And is steady as she goes, the u. S. Economy is expected to keep up the recent trend of modesty of unspectacular job growth in january. Plus, the dutch finance minister warns of a worsening deficit this year, this after the government is forced to bail out local banks after a bailout of 3. 7 Million Euros. We kick off with the pmis out of the eurozone. January manufacturing pmi, 47. 9. The flash 47. 5, december manufacturing pmi was 46. 1. It has boosted the euro to maintain its gaze, now back over to 1. 3651 and continuing to climb high. That is now a 32month high against the yen, as well, at 11. 25965. The german manufacturing pmi was a little better, as well, this morning. Helping to boost those num
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