Thursday morning. Today toal bank meets discuss policy. Expectations are that it will update the forecast for inflation, and giveve investors clues as to whether it will change easing program. Investors will be listening closely to any comments from mario about the slowdown in china. Hans nichols joins us now from berlin. The morning to you. What are we listening for . Hans if mario starts off his press conference in mandarin, you know it is a bad sign. But what were really looking for are two things. What do they do . Expectations, if they do change, what sort of pants will there be for what they may do . They could maybe talk about hinting clues, extending it beyond september 2016. When you look at expectations, the big question is how are they going to factor in the lower price of oil. When we saw they did in june, when they had expectations for 0. 3 . Look at a price in june, the price of oil they were thinking of about 63 a barrel. They hit all the way down to 43 a barrel last mon
The a and b shares. 15 billion worth of cuts over the next three years. In an interview, he said the dividend was safe. It was about longterm investment. In terms of the overall headline numbers 4. 2 billion was the headline. They missed the core number by over 1 billion. At shell, that transfers through with the hhe told us its natural that suppliers will see the most and youve got a supplier. Vallourec is the supplier. They said because of the oil pressure, that is literally what they said, they said this is where they had to take 1. 2 billion euros worth of a breakdown in the european and brazilian business because of the hammering in the price of oil. The word they used is not battered. Brutal is the word. Deutsche bank. There is one ceo sitting in smiling. Why . Because we are looking for over 400 Million Euros loss. That came in with the fourth quarter. That was a shock. Legal costs are down. This is a bank that, up 2. 47 . The rest of the markets are lower. Its trading at 60 of
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As the summer break comes to a close and students head back to Hoover public schools on Aug. 10, they’ll see some new faces in leadership positions and find some changes to their physical surroundings.