Starts in the sale of its brazilian unit. Meanwhile, the german bank profits double. Heineken shares maintains guidance in strength in most of its markets upsets weak demand in africa. It tells cnbc is can weather the challenges. If you look at the next coming 25 years, the first big positive for our industry was some hiccups, but they will remain positive for the long time. Good morning, everyone. Lets get straight to some Macro Economic data in the form of eurozone july manufacturing pmi. That came in 52. 4. Versus a forecast of 52. Slightly better than expected. The june was 52. 5. What were seeing in july a tine will slowdown. Lets just go through the different economying. Spains Manufacturing Sector saw a surprise slowdown in the month of july 53. 6 below expectations but still expanding but we saw the fastest rise in employment since the start of 2007. Lets also talk about france. It was below the boom bust line of 50. July, 49. 6. But the german number was slightly better than e
On the u. S. 10 year. The euro firmer against the dollar. Alix take a look at commodities. Oil below the 100 day moving average. That is significant. I wanted to point out it is not just oil that is weaker. It is the entire commodity complex. Iron ore, copper also down. Gold a little softer as well. It is important. Not just about oil or the oversupply, but weakness permeating. Jonathan lets get over to pray for now. President mario draghi predicted to leave Interest Rates unchanged through the end of 2017. Joining us for more ahead of the decision is jamie murray and matt miller. I wanted to start with a simple one. What are we expecting today . We are not expecting change in Monetary Policy for the ecb today, but we are expecting a change in the ecb inflation forecast. 1. 3 ank currently sees inflation for 2017. Running much hotter than that. It is at 2 . We expect the ecb to nudge that up this year. Comes off in 2018 and back in 2019. The question is, when is mario draghi beginning
Made the central bank think twice about a possible rate hike and for more fed clues stay tuned for exclusive interview with governor dan tarullo later on. Earnings season kicks into gear with jp morgan after the close with the first major bank to report Third Quarter results expected to pose lower trading revenues amid the market turmoil. Coming up on the show, is the unicorn club getting less expensive. We ask if the benchmark really matters. Nudes are old news. Playboy quits publishing naked picks. Is this the end of an era for the iconic magazine . And di caprio turns his sights on vw buying the rights to produce a film about the emissions scandal. And lets stick with the vw scandal for a moment. Take a look at the october survey, the sentiment print, that really took a huge hit as a result of that scandal unfolding over the last month. The institution of German Economic Sentiment index came in at 1. 9 points. This is versus 12. 1 points in the previous month and the reuters poll wa
Eurozone for this month. Were looking at it coming in higher than the expectation. Yes. So the december the december composite pmi flash estimate was forecast at 61. 5 and it came in at 61. 7. So a tad higher than anticipated. Were looking at the euro trade slightly higher against the u. S. Dollar right now at 1. 2487. But we should give you the full picture, which is that the euro has appreciated against the u. S. Dollar by around 10 this year. But again, better than expected manufacturing data helping against the euro slightly. Good morning, by the way. How are you . Wonderful. And you . We were together on the show a couple weeks back. A pleasure. Yeah. The german pmi data, the lowest since june of 2013, 51. 4 for the month of december. That broke about a half an hour ago, Something Like that. Its still in expansionary territory, sort of above that 50 level. But weve now seen it at a lower rate, Something Like so, again, we are looking at a pretty low level with regard to these pmi
Out record amounts of in the First Quarter. A shareholder pact is wound up ahead of time. All right. A warm welcome. This is the tuesday edition of Worldwide Exchange. Lets to get to on tuesdays show. Angela ahrendts is heading for silicone valley. Well get a closer look at the deal in just a few moments. Rio tinto is up after a bullish sign from miners as rbs morgan john wilson. Julia will be in luxembourg in around 30 minutes. And could the debt loss in washington finally be over or are investors rushing to conclusions . Well hear from a panel of political insiders at 11 45 cet. Plus, forget the debt ceiling. Theres a lack of innovation is the real threat hanging over americas economy. The former Nobel Prize Winner joins us here on set with his new book in the next hour. But first, u. S. Senate leaders say theyre optimistic about a possible deal to end the Government Shutdown and extend the nations debt ceiling. Senate majority leader harry reid said on monday theyve made tremendous