Welcome to countdown. I am guy johnson. Friday, a little bit of a disappointment. We saw the payroll number come through significantly lower than the market was anticipating. The credibility of the fed beginning to be called into question. It was an interesting question in terms of the equity market positioning. To backes the fed have off of a rate rise this year . Story withe stock the s p 500 up by 1. 43 . The nasdaq was up 1. 74 . You may be thinking this is farming today. There is a certain agricultural theme running through our big stories. You heard what is happening with glencore. Glencore is on a roll this morning. If youre looking for a stock with volatility, this is it. It was up at one point over 40 . Bunch ofn for that, a companies that could potentially be interested in taking a stake in the agricultural unit. We will hear more from ryan in just a moment. Storyo have the cayenne s. Something of an agricultural theme running through that story. The glencore story is absolut
6 00 a. M. In london this thursday and bloomberg reporters are standing by across the world to deliver the story to drive your day. Hans nichols has more on the sprinttmobile tiein. We will get the latest from mia saini and hong kong. Tracking bond purchases. In danger . Of losing itsdominance in the market dominance . G its Francine Lacqua had an exclusive interview with padoan. I do hope we can do better than that. Although we cannot say that more exclusively, i think there are good reasons to think that we will have an upside surprise. More of that exclusive interview coming later in the program. Lets get more from our International Correspondent hans nichols. Talk to us about the timing. How far along are they . When my day dob actually announced . Actuallyight a deal be announced . Thet really depends on regulators. What we have seen according to people familiar with the matter what we are reporting they want to make sure that softbank and sprint have all of the financing lined up
We are waiting for eurozone confidence to come through a little later. It is expected to be the highest since 2007. If you want to see european recovery take a weekend away. Travel in europe is phenomenal. The view fromat the ecb is. Some companies we mentioned in initial public offerings. We will wait for those prices to come through. The valuation at 1. 3 billion pounds. A little less. Devin nims is a big retail stock. Hams is anumbs deben big retail stock. They said, we have made three offers. They did invite. Take a look at some of the currencies on the move. Thats a moment of darkness for me. The lights went out. The music stopped. What have thet. Reactions been . Approved the have offer. Some analysts are saying this could reduce the cash component. They have improved the cash component of their bid by one point 2 billion euros. I talked to union leaders. The reactions were quite mixed. Some are saying the new numbers on the jobs front were reassuring. New job guarantees are stro