Now it is about the economics. We are looking at how europe opens. We will see when these numbers are live. Was slightly higher overall. We have plenty of data to get our feet our teeth into. China got us off to a good start. We did see a rosy glow to risk appetite. Instead of a slight cooling we were expecting a balance of 50. We got unexpected growth overall. Aboutare concerns employment in china. Exports are looking lively indeed. We will see how that sets equities off. I think we were slow to open. Lets see how it affects currency trade. 3 10 of 1 . Australia is a big trading partner with china because it has all the minerals it can send across to china, who loved to suck up the commodities space. Movement in the currency us. I want to look at a few key stocks. Were sticking on commodities. We are going to wait for it to open. Could see the stock fall as much as 10 on the open. Fullyear pretax guidance they were going to miss to 60 million pounds. They say the first half was extrem
The Worlds Largest Electronics Show in las vegas. Sony using this time to address the cyber attack. I am very proud of all the employees and partners we work with, as well who stood up against some of the extortionist efforts of the criminals that attacked Sony Pictures and its employees. Announcer youre watching Worldwide Exchange, bricking you Business News from around the globe. Just want to get i up to speed on some data that just broke. Eurozone composite pmi coming out at 51. 4 versus 51. 9. That was the expectation versus what we got in november, which was 51. 1. Again, the december composite coming out at 511. 6. We have had the numbers out of the individual countries. Spain came first. That was a good reading, 54. 3 in euro, came up a little bit off the back of that. We then see that sharp selloff as you can see in the euro off the back of the italian number which was 49. 4 against a forecast of 51. 7. Since then weve had french and german numbers. France was 51. 6 against the
Francine im francine lacqua. Central banks are in focus today. The fed left open the possibility of raising Interest Rates in the second half of the year. Guy bank of japan kept the status quo. It will keep adding 80 trillion yen to the monetary base. Brazils central bank boosted their Interest Rate for the fifth time in an effort to fight inflation. Finally the Russian Central Bank Rate Decision. Francine for more on this lets bring in james, a senior economist. Lets talk fed. It seems yellen is hanging on to this rate increase despite the weak economy . Is it a sign that she expects it to increase or is it a sign they are trying to give to the markets . James they are expecting real Household Income growth which they sounded upbeat about in the statement. It will feed to Consumer Spending and increased Business Investment down the track. I think they are hopeful that is going to happen. It struck me by not after the march meeting and by not saying there was no predetermined path like
Less, according to carlsberg. Shares fall as the brewing giant lowers forecasts after missing expectations in the Third Quarter. And the ceo tells cnbc he sees smoother sailing next year. Shares up boosted by the forecast beating revenue figures. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. All right. Welcome to the program. Plenty to get through today. So on todays program, as some of italys biggest Luxury Brands report Third Quarter earnings, well speak exclusively with the highendmaker moleskin. The French Economy is expected to show pick up in the final months of the year, well be joined by medev. And with china reporting record sales, the focus shifts to u. S. Etailors during the key Holiday Season. Well speak to the ceo of beyond the rack at 11 45 cet. Now, the bank of england will release its quarterly Inflation Report this morning. But first, the new govern mark carney introduced Forward Guidance. And with Economic Data stronger
I am guy johnson. I am olivia sterns. Also coming up, breaking away from android. Samsung unveils the first new smartphone. Plus, we check out the worlds most luxurious firstclass cabins. Is facing calls to 2020 two vote for the world cup. Allegations have surfaced that qatar won that it following secret payments to qatar officials. Qatar says it is fully cooperating with an investigation. That scandal overshadowing another event in the country, the annual meeting of the Airline Industrys biggest names in doha. We have been speaking with the latam airlines. He says the world cup is actually bad for business. Only we will have traffic in one direction. We will have a lot of flights to cities, moving people to a game. Our middle east editor, Elliott Gotkine is on the ground. He joins us from the summit. Lets start off talking about what everybody is talking about, this world cup story. What are you hearing . Not the best of timing as far as qatar is concerned. Great timing as far as jour