It is a big day in europe. The ecb is in naples, policymakers meeting. This is one of the two meetings every year where they go somewhere else. Mario draghi has a lot to do with today. The abs program is front and center. How we get the Balance Sheet how will he get the Balance Sheet up to thre 3 trillion question mark . It is going to be about what is eligible to buy. The conversation around buying greek assets as well. The decision last month was not unanimous. A particular central bank was saying no, we dont want you to do this. Theres a lot of pressure on him right now. The data is getting worse over the last month. Plenty of questions today. Will we get the answers . The boss of one of europes biggest carmakers. He is standing by at the paris auto show with hans nichols. Good morning to you. Ceo ofjoined by the renault nissan. We will hear your and we will see your new minivan. It is an important vehicle for us. 30 years ago, we came with the concept of the minivan. It was copied
111. 7. Its higher than what analysts were expecting. Current conditions index 111. 7 in january versus the consensus of 11. 6. German january coming in at 106. 7. Thats the overall level. We should point out in general were seeing stronger than expected Business Climate index data rising in the month of january. We should point out that it institutes german Confidence Index did rise to 106. 5 in december. So better than expected numbers here out of germany. The Business Climate index. Joining us now is discuss is david owen. David, quick take away on what were reading now. It carries on the trend. You saw on the upside. We have for friday and highlights orders for manufacturing and services in the highest level for five months. If you look at the real data in the Third Quarter of last year for the eurozone overall that grew at the fastest rate since 2007. We are seeing a consistent flow of data surprising on the upside. I think europe is recovering. How do you think markets will diges
Have taken if if it has to be taken with caution. Outgoing peugeot ceo gives up 21 Million Euros pension after overseeing 10,000 job cuts. And its no ordinary thanksgiving here on cnbc. Ill help prepare a turkey here in the studio. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Okay. Plenty to get through today on Worldwide Exchange. Three hours of programming. The u. S. Is closed, of course, today for thanksgiving so we have extra of the good stuff here. We kick off with just a recap of the german jobless numbers. Geoff, we were talking about this at the end of squawk box. A slight tick down in german unemployment. 2. 806 million. Euro dollar back up to 1. 36, about the best level in six weeks on euro dollar. Eurozone october ends three, up 1. 4 on the year, lower than the forecast plus 1. 7 . That means the august to october threemonth average, 1. 9 . Weaker than the forecast 2 . And private sector loans in october down 2. 1 versus 2 in
The u. S. Earnings. Micron. Micron and hertz. Baghdadry arrived in this morning. He was in cairo yesterday. He will be meeting with the iraqi Prime Minister. Walden begins today. Chile today. Ersus cameroon ursus brazil. Croatia versus mexico. Good. Y stocks, bonds, currencies and commodities. First day of summer, the advance continues. A real equity focus this morning. The good news in the equity markets, nearing 17,000. Two year yield elevated. There is brent crude. 115 a fewely above minutes ago. What an interesting weekend. Lets go to the terminal. This sets you up for the week. This is pretty boom in housing, and 800,000 units. Here we go the boom. M bought right here. And i sold right there. Down we go. We recovered a bit, but we have a long way to go. This is june sales. Full disclosure, scarlet fu but right here. We have looked at the papers and websites. What an interesting weekend. Youre going to start with bnp because it is close to the settlement with u. S. Over violations
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