Welcome to the pulse live from bloombergs European Headquarters in london. Im manus cranny. The shanghai composite index posted the biggest oneday move since 2009 after chinese authorities introduced more measures within an attempt to restore confidence in a stock market that has taken a battering in recent reeks. Regulators announced that banks can roll over loans backed by shares after officials banned major stockholders from selling in affected companies. Having marked 10 days of actions by the central bank by regulators, by the government, does it look as if this is a shortterm at the moment . That is the question isnt it manus . It worked for at least one day. Another day of wild swings manus. The index dropped to 3. 8 at one stage. It rose as much as 6. 9 . The most since 2008. The government battling to restore Investor Confidence in this market. They have unveiled marketboosting measures almost every day the last couple of weeks. Late wednesday regulators banning stockholders f
Ladies and gentlemen, please stand as the Armed Forces Color Guard presents our national colors. Ladies and gentlemen, the 39th president of the United States, jimmy carter and mrs. Rosalynn carter. [applause] ladies and gentlemen, the 42nd president of the United States, William Jefferson clinton and the honorable Hillary Rodham clinton. [applause] hillary, were here for you. [captions Copyright National cable satellite corp. 2017] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] ladies and gentlemen, the 43rd president of the United States, george w. Bush and mrs. Laura bush. Present arms. Ladies and gentlemen, the children of Vice President mike ence ladies and gentlemen, the children of president elect trump, donald trump junior, ivanka trump, eric trump, tiffany trump, and barron trump. Escorted by the Senate Secretary and house of representatives chief administrative officer. [applause] [crow
Live from bloombergs European Headquarters in london. Im Francine Lacqua. Manus and im manus cranny. Janet yellen has indicated that 2015 could be the liftoff. We were about to talk about the fed. Francine we have the decision of the norwegian central bank. It has kept its rate unchanged. Talking with the Central Bank Governors later on. Manus 2015, is it liftoff, is it not . The Federal Reserve chair has said that the december rate hike is a possibility. Ms. Yellen what the committee has been expecting is that the economy will continue to grow at a pace that is sufficient to generate further improvements in the labor market and return inflation toward our 2 target over the mediumterm. Informationncoming supports that expectation, then our statement indicates that december would be a live possibility. Importantly, it would make no decision about it. Francine investors bet on a december rate hike, more than 20 higher than they were a month ago. This despite one u. S. Lawmakers tweed. Go
Im guy johnson. Francine im francine lacqua. We are getting breaking news out of italy. Fourth quarter gdp figures, flat. Down some 0. 5 year on year. Guy not exactly the rosy outlook you would hope for, certainly not the progress you would have hoped for if you were mario draghi. Lets shift years and talk about what the central bank is going to do today. The recipient the European Central bank goes on tour once and a while and it is on cyprus today. Francine the ecb will talk about it bond buying program, how it deals with greece. Jonathan ferro is in cyprus for the meeting. John, over to you. Thank you very much, francine. That is the big focus today. Youve seen the markets react. What does it mean for the real economy and what does it mean for countries on the periphery of europe like cyprus eston mark joining me now is the former cypriot president , amanda took cyprus into the European Union. Great to have you with us this morning. Ive had a couple of people say the conversation th
Mark welcome to countdown. Caroline im caroline hyde. Mark we look ahead to the last u. K. Gdp release ahead of next weeks general election. Manus we are waiting for numbers which is going to be health care and consumer business. There radically they radically changed the shape and focus on the 25 Million Health market. We are waiting for those numbers to come through. Organic revenue, we are waiting for, but expecting just over 5 billion euros. Lets keep an eye out for those numbers. Meantime, there is only one corporate story and that is apple. Barn storming numbers all due to the iphone 6 and 6 plus sales. Caroline has the breakdown. Caroline it was a blowout in the second quarter, fiscal secondquarter. They have yet more cash to splash. 70 billion. Lets look into the stellar report because profit really did escalate. We saw profit jumped some 33 bringing in 13. 6 billion. That beat analyst estimates. Sales went up 27 . It would have been even higher if it was not for the strength o