They suspect links to international terrorism. It is 8 00 a. M. Across the emirates. Im yousef gamal eldin and by in dubai. Lets have a look at markets. More momentum as we made our way across em and to china where we are getting a decent bit of cross market. Especially when you look at the smaller markets. I talked about vietnam. Indonesian stocks topping another record high. Yousef in this part of the world, were just under two hours away from the emirates market. Dubai and abu dhabi at 10 00 a. M. Local time, there was some Downside Pressure from the lawyer oil price and hitting it hard. Down 1 to industrials and materials. Space beingfected consumer discretionary, down 1. 2 . Interesting what is happening over in kuwait. We are seeing a lot of buying from local investors in particular. We are watching where oil prices are trending. Rent has not recovered inventory reports showed a continuous builds in the u. S. Supplies. Pressure. This is the interesting one because there is still
Here in london. Im Francine Lacqua. Eurozone pmi, that figure for the months of january, service has fallen to 55. Figure. Expecting a 55. 4 that is for germany. Euroarea in line with expectations. Germany softer than yesterday. I would almost call it in line with expectations. I do not think we are expecting Much Movement on the back of this. We will continue to watch any breaking news out of the euro aone especially for cpi. I want to show you the markets. Lets have a look at where stocks are headed. Wti back below 30. They were up to 30. 3. The mood certainly seems like it is risk off again. Dollaryen 1. 19. European stocks are little bit flat. A little bit concerned about where the markets are headed. Lets get straight to the bloomberg first word news. Offered tochina has buy syngenta fourth 43 billion. A plan to take over the swiss a state backed company extends at shopping spree. It would be the biggest acquisition yet by a chinese firm. Trading higher. The focus of the 2016 u. S