Carrefour at the top of the cac quarante as they reap the benefits of its turn around plan. Sales across europe sluggish despite the better performance in france. All right. Warm welcome to you. Watching german german unemployment data is what we have got out. Engineering orders have fallen 3 in july. And the Central Banks Forward Guidance assures markets of low Interest Rates for the foreseeable future. What were looking for is the unemployment jobless number. The jobless total down, sorry, up 7,000 versus reuters forecast for it to contract minus 5,000. The adjusted jobless rate, 6. 8 , unchanged from july. Plenty to get through today on the program. Well continue our focus in germany. We head out to a siemens turbine plant to find out more about a job program that helps power the economy. Annette is there. Rather apropos. Well speak to an asset manager who says the cac has two advantages compared to germanys dax when it comes to performance. One is the type of government they have i
Good morning. Thank you for joining us today. Lets get you up to speed with the latest ephone numbers that are crossing. It gives us a snapshot of the Business Economy in german. German Current Conditions index is at 110. 1 in july, versus the consensus which was sitting lower than this at 109. 7. Number coming out better than expected on that rate. In terms of what were seeing elsewhere on the other numbers, the german Expectations Index of 102. 4 in july, this is versus what the market was expecting at 102. 5. So this number coming in a little lower on that side. Just on the local expectations. Elsewhere, no revisions to the june indices. Lets dive into this and get the earnings reaction. The euro dollar tracking firmer today and ticked a little higher as well. 132. 19 is what were looking at. Joining us on the phone from munich is a researcher at ifo and annette joining us on the line from frankfurt for instant reaction too. Give us a sense of the key standout points. We have seen a
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This demanding tour is partially forested and steep in places, but the reward is sweeping hilltop views. It culminates in a visit to a reservoir and a fishery
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