And im watching copper acteding better than expected up 1 . Now for a quick look at the week ahead. It is quite a week. Tomorrow earnings from bank of america and Goldman Sachs. Then Morgan Stanley. Then the inaugural meeting of the u. S. China economic dialogue will take place in washington. At 8 30 on wednesday we get u. S. Housing starts data. Economists forecast a jump for the first time in four months. Then thursday, followed by the president 45 minutes later. And the bank of japan will release its Monetary Policy decisions. At 8 30 eastern its weekly jobless claims. Then friday well have earnings rom General Electric and honey well. And then shell watch her episode of game of thrones. Overnight we have important and encouraging Economic News from china. Joining us now from hong kong, it looks like a beat pretty much across the board. Take us through it. Good morning. A big set of numbers for china, shows that theyre on tract to contribute one third of Global Growth this year. Its
London headquarters. I am francine lacqua. Decision not to hike Interest Rates last thursday. Morning that the euro may fall. Lets get some Quick Reaction from andrew parry, he is head of equities. He manages 29 billion pounds in assets. Thank you for joining us. Andrew, your first quick thoughts. We disappointed that the fed did not take that window to hike rates . Andrew you can see in the markets reaction that everybody disappointed, even though it was expecting them to raise rates. How the markets reacted was a clear statement. That was the frustration. Is the message that they are sending in the dumbest comment. Is it the conditions that are worrying . Francine are you worried about china . A focus on m a for example. Andrew we try to focus on the bottom up. Statement,ays a economic start to admit as statistic. Statistic. A broad direction of travel is important. Thats what the market is reacting to with the fed. Did they leave us hanging . Thats been a long period we have been an
For millions of children, a snow day. The European Union moving closer to imposing more sanctions on russia. And escalation infighting in ukraine. Latvias president says the eu is likely to expand the list of those facing asset freezes and visa bans. Vladimir putin says ukraine is responsible for the violence. European finance ministers willing to work with greeces new government if the new Prime Minister drops his demands for the countrys debt to be written off. Europe may extend the deadline for greece to qualify for its next aid package. Word of another government intelligence Gathering Program aimed at drivers in the u. S. The Justice Department has built a database to track vehicles in real. And intelligence Gathering Program that involves storing hundreds of records about motorists. The goal is to fight drug tracking drug trafficking. In pro football, robert kraft, new England Patriots owner, says his team may be owed an apology. He says if the nfl fines the patriots did nothing
Artillery killing at least 13 people. Ukrainian forces have pulled back from airport terminals in donetsk. Violence has stepped up since to negotiations between ukraine and prorussian rebels broke down last week. Germanys foreign minister said there were tangible progress in new peace talks. A new twist in the wireless wars. Google is preparing to sell Wireless Service directly to consumers. A move that lead rivals to improve speeds and cut prices. Google has reached deals use the networks tmobile and sprint. No word whether Google Service might start or what it would cost. Box is pricing its ipo after the market closes today. Shares will be offered at a discount to the latest round of financing. It is a signal box faces stiff competition in the cloud field industry. Box revenue soared 70 in the most recent quarter, but not showing a profit. Uber has raised 1. 6 plea dollars in convertible debt 1. 6 billion in convertible debt. They will continue rolling out in more cities overseas. Ab
Solidarity and country own efforts are two sides of the same coin. A spokesman said the new proposal does not offer a substantive solution. The European Central bank policymakers reveal that buying government that was the only adequate option open to them when they debated a Quantitative Easing Program last month. Documents released this morning for the first time ever. The bank decided on a 1. 3 trillion asset buying plan in january because its at existing programs would fall short. Interest seeking to more than double its valuation the image bookmarking site try to raise 500 million in a round of funding that would evaluate the startup at about 11 billion. Last may, it was valued at 5 billion. The worlds biggest maker of foods and Beverage Cans has agreed to by the british can maker. The price tag, 6. 8 billion. They both supply cans to companies such as coke and anheuserbusch. The price of oil is down almost 5 in speculation that he was crude inventory rose to another record last we