Mixed picture w m go, a mixed picture with the cac 40 and to 10 and the dax is up sub 1 and the ftse 100 in the u. K. Up 5 10 of 1 and the ibex in spain one of the worst performers. Asset on a across headline level with european equities unchanged. Space, a little bit of Dollar Strength which means cable off by 1 10 of a percent. Interesting dynamics around sterling with employment and wage data with mark carney testifying and news about brexit geared brexit. And the u. K. And their view on the transitional deal. We ceos move lower we see yield move lower in the core and periphery. Thematic chart that i got from Marcus Ashworth. Spain and the u. S. s 30 year yields rapidly diverging. Front and. At the end. The final chart, i mentioned the euro, after flash pmi data on the eurozone coming in weaker than expected. The euro off slightly and approaching its trendline since middecember as momentum appears to be favoring losses. We like to watch the technical charts. In the u. S. , the major
Will a new Development Bank mean more power . And a century after germanys colonial rule, calls on berlin to ignore knowledge the chilling of tens of thousands to acknowledge the chilling of tens of thousands. I brent goff, good to have you with us. It went to the wire, but after a frantic day, greek Prime Minister Alexis Tsipras be a midnight deadline to submit a list of Economic Reforms to european creditors. At home, the background volume has been getting louder and louder in support for staying in the eurozone. Our coverage begins in athens. We are staying in europe. That is the motto of thousands of people. They Reach Agreement with creditors. Politicians rushing in for talks. Athens waiting to sign off on the offer. It wont be easy. The far left wing of his body party rejects it. We want an agreement that respects the dignity of the people and which opens a way out of the crisis. Details are not yet known. They come to an agreement with creditors. They have become a symbol of the
Of tens of thousands to acknowledge the chilling of tens of thousands. I brent goff, good to have you with us. It went to the wire, but after a frantic day, greek Prime Minister Alexis Tsipras be a midnight deadline to submit a list of Economic Reforms to european creditors. At home, the background volume has been getting louder and louder in support for staying in the eurozone. Our coverage begins in athens. We are staying in europe. That is the motto of thousands of people. They Reach Agreement with creditors. Politicians rushing in for talks. Athens waiting to sign off on the offer. It wont be easy. The far left wing of his body party rejects it. We want an agreement that respects the dignity of the people and which opens a way out of the crisis. Details are not yet known. They come to an agreement with creditors. They have become a symbol of the crisis. A scene repeated every day across the country. They often have to queue several times while people wait. They wonder and fear what
Manus welcome to i am manus cranny. Welcome to the pulse. I am manus cranny. The story of day from the asia. The president of toshiba along with two other executives, their resignation and their formal News Conference and this was a 1. 2 billion scandal restating their earnings over the past six years, unrealistic led to what is a systemic flawed accounting process, challenging the culture within japan. Probably one of the single most important issues that will be addressed here which is so much power for people as of the top and no way for anybody to really challenge the toshiba accounting methods. Everything from Nuclear Reactors and ships. A is now falling on hisao tanaka the president. If we have any headlines, we will bring them to you. Our top story and that is commodities. Bloomberg commodities index dropped to a 13 year low yesterday. Right . Ryan you have to go back to 2002 to see Commodity Prices where they are now. A fiveyear low. 2012 when we had the darkest days of the eur
Secondquarter revenue, 74. 1 billion. That is the number that we were looking for for revenue. Once again, secondquarter earnings per share one dollar. 74. 1 billion, secondquarter revenue. Scarlet thank you so much for that first read on exxon mobil results. We have alix steel. This is our moment. She is busy looking through all the numbers. This earnings pershare number. Matt versus almost three dollars last year. It is an amazing drop. Alix we do want to hear where the miss actually happened. The common theme for earnings has been production and job cuts. What they do with production is mattering a little less. Can they keep their dividends . Do they have cash flow to cover it . That is the focus. Every quarter, it is usually production, production production. That came in bang in line. Those metrics matter a little more. We are getting a reading on capex comeing in at 8. 3 billion. Scarlet we were talking about production. Why is it significant to meet Production Target . Alix big