The greece story would play out. We did see a significant head line in the index in the month of june coming in at 1. 074. Coming in at 1. 08 against expectation. Were looking at highs of 1. 11 against the u. S. Dollar. Lets get reaction from bill oneal from ubs Wealth Management. From the headline number bill this number looks pretty good . Yeah i think its provide something reassurance that a multidollar recovery is still under way in europe. I think the weakness of the euro posed the greek settlement that played a role here. Clearly that to be reflected in green coming through the market for the midyear as well. But i think its important that the market was to have some nasty surprises after some pmi number, purchase managing numbers, of course that did disappoint. We should point out that the ifo has said their june expectations has been revised up to 0. 121. Its also a twoweek i after the ifo. I guess the question is what does it mean for the exporters out there who have been bene
Cold war. No, it is not our imagination, ladies. We are freezing at the office. The new study that shows its outdate said thermostat science from the 1960s thats to blame, and guys feeling the heat today, tuesday, august 4th, 2015. Good morning, everyone. Welcome to today today. 7 00 a. M. On the west coast on a tuesday, boy, what a wakep call out east. A little earlier than normal. Storms rolled through here. Lots of thunder, lightning, one shot in the big apple. Well tell you about that in a second. Our top story on this Tuesday Morning is the wildfires raging across the west. Crews pushed to the bing of exhaustion, especially in Northern California where thousands are battling the socalled rocky fire. Conditions not helping. Joe is live with the. Good morning to you. Good morning, matt. This fire has now burned 100 square miles. Right now, 13,000 people remain evacuated. Every time firefighters begin to slow it down, the flames seem to shift into something unexpected. The rocky fire
Throughout the hour. Other news, google, bright spot in todays tape. Not everybody is happy about the tech giants restructuring and changing the Holding Companys name to alphabet. We have someone who says these actions will come at the shareholders expense. He happens to be one of those shareholders and hell explain what hes talking about, coming up. As those shares still up 4 . A rare green spot in the session today. Yes. Cyber security meets insider trading. We have the details on charges against nine people allegedly involved in a multimillion dollar hacking scheme, coming up as well. That is huge. That is a huge case. We start first with the chinese currency being devalued by nearly 2 officially. The markets have done otherwise. That move from the peoples bank of china sparking todays global selloff of ek quities and commodities. Mark chandler, welcome to you. Walk us through the impact how will this cascade throughout the Global Financial system . A lot of uncertainty. We make a d
Devices. Global news 24 hours a day. From washington, i am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Caroline i am Caroline Hyde in london. This is Bloomberg Technology. Coming up, g7 leaders join the chorus calling on big tech to limit the spread of hate speech and propaganda online. We are live in italy with all the details. Million bet. 00 the c. E. O. Joins us to discuss the investment and using cash to build new realities. The highs and lows of bitcoin. Success andk the wealth swings of the Digital Currency on the bloomberg. First to our lead. Donald trump made his g7 debut in sicily, the final stop on his First International trip as president. Tensions were brewing over trade and Climate Change. There was one topic the group was in agreement on, the need for Internet Companies to do substantially more to take extremist material offline. The meeting comes days after the terror attack in manchester which killed 22 people. Joining us from the sicilian town, mat
Devices. Global news 24 hours a day. From washington, i am Alisa Parenti. This is bloomberg. Bloomberg technology is next. Caroline i am Caroline Hyde in london. This is Bloomberg Technology. Coming up, g7 leaders join the chorus calling on big tech to limit the spread of hate speech and propaganda online. We are live in italy with all the details. Million bet. 00 the c. E. O. Joins us to discuss the investment and using cash to build new realities. The highs and lows of bitcoin. Success andk the wealth swings of the Digital Currency on the bloomberg. First to our lead. Donald trump made his g7 debut in sicily, the final stop on his First International trip as president. Tensions were brewing over trade and Climate Change. There was one topic the group was in agreement on, the need for Internet Companies to do substantially more to take extremist material offline. The meeting comes days after the terror attack in manchester which killed 22 people. Joining us from the sicilian town, mat