Out of this as they possibly can by opening up last night, 5 00. When you talk about the doorbuster deals, though, and you talk about the next couple of days, how much this meant or the last couple of days, Retail Federation says about 90 Million People last year or shopped black friday, thanksgiving, representing some 4. 3 of all holiday sales. Theyve been doing it since yesterday. Ashley . Ashley and i can tell by the crowds behind you, are they looking at things, or are they actually buying . I guess thats the key. Reporter they are buying. We talked to one woman who was doing some Holiday Shopping for her kids, and so the toys in her cart were stacked up to about her. And then she came up to about here. [laughter] and she was taking it on the subway too. Ashley she is very, very brave, indeed, braver person than i. Thank you so much for braving the crowds here in the times square area of new york. Lets head out west now to robert gray who is at the target store in carson, californi
And from geek to chic, google signs a deal with rayban to develop a new range of google glasses sending the italian shares higher. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Warm welcome to the show. Today we kick off with the latest snapshot of Business Sentiment in germany. The ifo says the Climate Index has come in at 110. 7 in march. A little lower than consensus of 111. The consensus index was 111. Above forecasts at 114. 6. The Expectations Index in march, 106. 4. Below the Consensus Forecast of 107. 6. They say there is no revision to the february indices. Euro dollar, unmoved by that. Its a little bit lower than the headline number. There might have been a thought this could have been worse. We did see pmi come up off a 33month high in germany. Joining us today for the first part of the program, richard kibbington from jpmorgan asset management. The concern here, richard, will be with germany, the blow back from eastern russia
Drive retail airlines out of business. Welcome to Market Makers. I am scarlet fu. Some breaking news. New home Sales Numbers are just coming out. Lets head out to mike mckee who is in our newsroom. What do you see . The expected in new home sales, they fell by 3. 2 . That was not different than what people thought. Is interesting that happened that january was about growth. It had been stronger than people thought going in. 455. T falls to the drop is a little less than it wouldve ordinarily been. Everybody is going to write that off to the weather. February, that a still stronger than what we saw last re wasnt a the weather problem. Rates may be more important than the weather. We may see a comeback. Tosumer confidence, we want follow this closely. If the weather had an effect, it might show up here. People get more concerned about confidencesumer rises more than expected. It is a big jump over the month. People think that things are going to get better. The Expectations Index increas
Session low of 129. 47 after that disappoi disappointing survey. No revision to the september indices. And just to recap, a short while ago, we also had the composite pmis as well. 46. 2, slightly weaker than the reuters poll of 46. 4. The Business Expectations index 47. 8. It was 49. 4 in september. Thats the lowest since february 2009. The october manufacturing pmi 45. 3. Again, weaker than the reuters poll of 46. 5. So the pmi and apple index 44. 8 as well, and thats down from 49. 7. So eurozone business in october continues suffering the biggest recession. Joining us is chris williamson, global chief economist, which puts all that data together. Take the german pmis, take your composite pmis, not cheery. Its not a good picture, no. The survey is pretty unanimous, saying the zone is going through a tough moment, the worst since 2009. These are really bad numbers. Whats interesting is the official data havent quite caught up with that yet. Theyre still suggesting a sta stagnation. If
Inshestors shrugging off a drop in First Quarter sales. They were hit by adverse currency effects. And the italian Prime Minister shakes up the corporate sector proposing ucos and investors take a dim view. Shares trading lower. Welcome to todays program. Well take a look at where we stand with equities. Just over an hour into trading. Pretty even stephen advancers versus decliners. Of course, yesterday it was up 22 points. Very strong retail sales out of the u. S. That pumped the u. S. Markets up. The s p was up eight. Played a little into todays session. Right now the ftse is down some seven points. Ukraine, just weighing a little bit here. Dax is off a third. Number of individual stocks that were looking at this morning, well kick off with those. There is a lot going on with this particular stock and shares suspended. They were down 10 at one point. Reports that the tuscan lender was planning to increase the hike. Trading down nearly 10 before they suspended. The bank now confirmed