And a morning. The ec and a warning. The ecb says they must be wary of introducing fresh stimulus, but are they moving closer to draghis position . We will hear from bundesbank throughout the show. And weve got the imf pushing for bold fiscal action, goldman pushing back on that. Where did they see Monetary Policy in the next . In the mix . Hans he says it will be data dependent. Normally, the german voice tends to be, well, quantitive easing can be counterproductive. Theyre specific, saying they wont be for it. I heard a central banker in frankfurt yesterday who was open to the idea of doing something more, but he clearly wants to tweak it. He may be closer to that theater constantia position. He didnt explicitly say it, but he seems to walk up to it. Guy we will talk about that later. S an i have plenty to h hans and i have plenty to kick around. Lets look at what bloomberg is telling us. A fairly positive open looks like the risk is creeping back into the Service Sector data, clearl
Once again, when you talk about data coming out of china. Guy it seems like a familiar theme. But the aggregate is interesting here. The chinese inflation data and aggregate again just adding to this overall picture, the chinese economy is slowing. And as a result of which, maybe well see reaction. Cpi story, speculation the central bank would do more to stimulate the economy. There is ongoing weakness the factory gate deflation story. We have a chart that shows just how long we have been in negative territory, that the 2012 is as far as you have to go to find a positive number. 43 those are the months that we have seen it in negative territory. Guy that has an impact around the world. With weakcoincides growth, we have a chart here on bloomberg that shows the deflationary trend running around the weakening and Global Growth that we saw. Guy we have intelligence out overnight, a company is breaking estimates. We will bring yo that and have back and analysis in a couple of minutes. It l
Door at barclays. Anna its another american banker. Guy. And halfway between anthony bob. He knows about Investment Banking but hes also good with regulators. Barclays has been on a roller coaster ride not only with c. E. O. s but let me show you the chart. That was the picture they have man well be talking about a lot. The diamond era which was short. The stock actually was up in jenkins tenure but has been falling. Era starting. Anna and now j. P. Morgan, most reclently recently in the hedge fund sector. Thats the banking story. Well be focused on russia today. Russia over there at the calling forum. Guy were going to be talking to a lot of figures, no pressure there. The other stories you need to be aware of today, keeping an eye on the s. A. P. Miller story, we have a report out suggesting the latest offer has been rejected but were getting closer to put up or shut up deadline tomorrow so keep an eye on that story as well. I cant ignore the wolf of walsburg as well. Anna aparaphern
I am Jonathan Ferro in london with tom keene in new york. It was a nondecision, but a hawkish hold . Tom Deutsche Bank said this was big. Jon ferro will speak with Alberto Gallo and then john andng and Richard Claro richard clret arida. Discussions include the u. S. And european allies, russia, and iran. Russia backs syrias president , that recognizes he is a roadblock to solutions. Trip toerkel began her china. A number of business deals are expected to be announced. The chinese will buy 130 airbus plans for 17 billion. A dramatic rescue saved 240 migrants. The greek coast guard pulled them from the sea. Three refugees died, including 2 boatren when their capsized leaving turkey. More than half a million refugees have reached a greece this year. The number killed trying is unknown. Republican president ial candidates try to break out of a nightsmarket last debate in colorado. It focused on dollars and cents. Marco rubio defended himself after a florida newspaper called him to resign f
People and wounded several others at a Community College in oregon. The suspect was shot and killed after being confronted by police. President obama speaking out late yesterday saying that thoughts and prayers are not enough. This is a Political Choice that we make. To allow this to happen every few months in america. We collectively are answerable to those families who lose their loved ones because of our inaction. We will have a live report from oregon in just a bit. Business stories that were watching this morning, credit monitoring from experian disclosing a massive data breach. The information included names, addresses, birth dates, Social Security numbers, drivers license numbers and passport numbers. And in Washington News we have a warning from the treasury secretary. Jack lew says the government will hit its legal debt limit and be unable to borrow more money around november 5th. In a letter to congressional leaders lew is calling on lawmakers to take action to raise the limi