Imf decided to take a viewpoint on france. They downgraded the growth. French banks are all lower this morning along with renault. Factory orders are low. We have a little bit of news. We are waiting for the stock market to open. 2014, there is going to be a loss of 1. 6 billion. Why . It is down to hungary and romania. 40 higher provisions than anticipated. 2. 4 billion euros. They are writing down the values of the romanian businesses. Gold. The reason why i put gold is because we have traders that are the most bearish in four weeks. We do a Bloomberg Survey every week. Gold after allon of the data that we had yesterday. Nonpharm payrolls. 1. 3 . Pped 2 . Jet up can you get on the seat every time a jet takes off. 92 . That is up from just under the 90 level in the past 12 months. 63. 4 company carried million passengers. In currencies. You have the swedish kroner. They surprised by cutting their 50 basis points. One dominant theme. Where does the dollar go next . After those unemploy
Of the executive committee with allegations of corruption or being involved in inappropriate behavior. Beans that are processed through a cap. And, find out how the u. K. Is beefing up its naval power. First, we begin with a bloomberg exclusive. Jpmorgan may have unwittingly helped bnp paribas violate u. S. Sanctions according to a person familiar. Billionch bank paid 9 for processing dollar transactions for countries such as sudan. Jpmorgan has not been accused of any wrongdoing. Here with more is caroline hyde. Good morning. Walk us through the details. The saga continues. Bnp paribas has admitted guilt. 9 billion euros in terms of what they had to be fined. They were using jpmorgan as well. Unwittingly, jpmorgan was involved in this, helping hide billions of dollars of deals related to banks in sudan, cuba and the like. It was in 2004. Paribasutives in bnp came up with a plan to use jpmorgan. They had already caught the eye of u. S. Regulators. They promised that they would abide. H