What we have seen a few days ago. Aude up by over 1 despite cut in the outlook for global oil demand, yet still see i still seeing some kind of rally in place. We bring you this mornings market moving news from all around the world. Joining us is bloombergs enda leon, emmanando good chandra, and michael mckee. Walk us through what we learned from the inflation front. Enda we had refractory data that should inflation in threed, the first years. It suggests factories in china are heading into deflationary territory. That is a clear negative for profits, and it will make it much harder to repay debt. To take away from the inflation numbers, even if there was a bit of a tick higher in the consumer side, the ppi was the one to watch. All indications are that the central bank of china has more work to do and will probably have to bring down Interest Rates over the coming months. Alix and tricky work, too. On the flipside, we have the next tit for tat in the u. S. China trade war. How is the
Alix and we will be previewing that speech. Were going to speak with the chief Global Equity strategist in just a moment. But first, checking on the market heres. Calm, but overall no, big positions being put on ahead of riday. Jonathan futures doing ok. Equity market in europe they can d. A. X. Up agassi. 8 . Ftse up. 5 . He story in the f. X. Market is weaker. You see in the stronger cable rate, we have a 132 handle very briefly on the pound against the u. S. Dollar. In the commodity market, the retracement continues. Big week on w. T. I. We come in at. 9 on w. T. I. We trade with 4698. All the focus on treasuries still. 10year yields higher up two basis points. I will say though another auction, more supply. Thats going to be a focus 20 e twoyear notes are billion worth. Alix now lets go around the world with check in with more top stories with caroline. Could it be a 50 premium on before any of these talks started to be decimated . Its been a roller coaster for monsanto. But it loo
Yesterdays negative market action. There you can see the s p, the dow and the nasdaq, all looking like we may be implied at least for a positive open. We shall see. That allimportant tenyear note deal. Interesting how rates have been moving up over in china in terms of borrowing rates. How are we doing here in the states in well take a look at the tenyear, which is still hanging right in there at that 2. 7 range well call it. Go across the atlanta to europe. Well call it a mixed picture. Is that your call . Yeah. They dont celebrate thanksgiving there. They dont have that seasonal lift like we have here. Thats true. We start with tiffany, shining just in time for the Holiday Season. Sales in asia helped to shield the outlook and the stock. Remember when jos. A. Bank withdrew its offer to buy mens wearhouse earlier this month . Now theres a twist as mens wearhouse tries to buy jos. A. Bank. Tiffanys posted better than expected results, total sales in the Asia Pacific Region were up 27 .
Before reading on the toronto said he wanted to work with european leaders to resolve the crisis peacefully he helps improve Security Cooperation with the germans be someone calls japans pro active contribution to peace over the next week. Abbott will also visit britain portugal spain france and belgium. The European Union added fifteen more people to its sanctions list for their role in the crisis in ukraine they include general valerie dear awesome auntie for the russian general staff and Russian Deputy Prime Minister to meet recalls that. Eu representatives say the move was in response to russias failure to take concrete action to reduce tensions in ukraine. Also on the list is dannys push allin of pro russian leader in ukraines Eastern Region of donetsk its believed he has contacts with the group occupying local government offices that the new. And the United States also agreed to step up sanctions against russia the u s sanctions target before sixteen twenty eight was the presiden
Welcome to todays Worldwide Exchange. Im ross westgate. These are your headlines today from around the world. Shinzo abe is unveiling the countrys biggest stimulus since the financial crisis. A cold snap helps push up Consumer Prices to a sevenmonth high in december. Tech stocks are higher in europe led by nokia and s. A. P. After the stocks are expected to surpass the longterm target. Stocks in the u. S. Surprise the street by preannouncing earnings and unveiling its biggest corporate overall in a decade by cutting 4,500 jobs. Jay youre watching Worldwide Exchange, bringing you Business News from around the globe. Welcome to the last Worldwide Exchange of the week. Plenty to get through today. Kenny will be joaning us for the second half of the show today. She decided she cant miss out on any more. Also coming up on todays show, wells fargo, the first u. S. Bank to report Fourth Quarter numbers, well have indepth analysis from 1130 cet. Shinzo abe launches the biggest stimulus package