Live from bloombergs u. S. And asian headquarters. I am live in new york, where it is just after 7 00 p. M. Yvonne it is 7 00 a. M. Here in hong kong. I am yvonne man. There is something about the month of august where crazy things just happen. Two years ago it was china, the devaluation. The jury is still out to see whether geopolitics will be the trigger this year in triggering the volatility. Betty who knew a year ago we would be talking about north korea and the possibility of military conflict between the u. S. And north korea . But here we are in august. Volume is still relatively thin. Any movement will be exaggerated by the thin volume. That is exactly what we saw. Despite all these headlines, the markets remains relatively resilient. Which is confusing to some investors who say, we should be moving more on these headlines. Right now it looks like the markets are focused on earnings and the fed. Yvonne those are still some likely catalysts. From a comments Little Movement from
A warm welcome to the program. It is 6 00 in london. We are just getting earnings from a number of engineering businesses around europe. Lets start with those numbers from siemens. A lot of news surrounding siemens. It announces its strategy review today. It has bought some Energy Assets from rollsroyce. It is involved in this battle for various assets. Lots to talk about. I have to deal with the earnings. David will deal with all of the other parts. Second quarter income from continuing operations, 1. 6 one billion euros. The analyst estimate was for a 1. 78 billion. Above last years figures. The good news for investors, the company has confirmed its forecast for the sheer of 15 earnings per share growth. T has confirmed that forecast earnings per share will be 15 . Markets remain challenging in 2014. Despite the fact that it has confirmed the growth forecast for this year, markets to remain challenging. It is a massive day for siemens. Lets talk about the companys new strategy. Lets
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