Hello. I am mark barton. Anna edwards. Nomic it is just on 6 00. We are ready to deliver the stories or your day. Manus cranny is looking forward to the decisions from the bank of england today on Ryan Chilcote as many most envied person in the newsroom outside ready to take a spin in the rollsroyce phantom. Headlines from the fastestgrowing holiday results later. For chief executives. Hans nichols has the details on a new app targeting business execs instead of teenagers. Up, a little bit more details on rollsroyce. Taking you inside the super luxury car brand. This is parked just downstairs here at bloomberg and Ryan Chilcote will take it for a spin later. Whose decision was that . Im not quite sure. Of the u. S. , the Federal Reserve saw fewer economic benefits from the Bond Buying Program because of concerns about a natural stability according to minutes from the last meeting. Whats the next step yard go we have the details. Detail ase bit more they finally pass go. One word really
Takes it one step further saying the central bank is barking up the wrong tree. It is, in my view, not the discussion in my view is irrational. And, can the thrill of victory soothe the anger on the streets of brazil . Fans celebrate the home teams 31 win against croatia after demonstrations break out in the major cities. Youre watching Worldwide Exchange, Business News from around the globe. Well, a warm welcome again to Worldwide Exchange. Weve just got the monthly all Market Report out. Opec oil supplies inched up by 85,000 Barrels Per Day to 29. 99 million Barrels Per Day. In may, they are raising the call on crude oil by 150,000 Barrels Per Day for the second half of 2014 to an average of 30. 9 million Barrels Per Day. Theyre saying that Global Oil Demand is set to increase sharply from a low of 91. 4 million Barrels Per Day in the First Quarter. So they are expecting to see an increase, sharp increase, in fact, in oil as far as iraq is concerned, theyre saying the latest defense
Its pretty good. Could i be of high as 90 to 100 percent or maybe more by the end of 2022. So a very serious situation. Radiation was very, very hard. That saved the value of their wages to ministry by the bug 7. 4 percent in july, or the latest figures that we have for argentina to this pledging that supports jeopardy holder government. Well, that calling for those who set the prices, the entrepreneurs, the supermarket, owes us the farmers, theyre offering them to try to control the prices, keep the prices down, its were livable level. While in the u. K, the inflation rate has surged into double digits for the 1st time since the 1980s. Experts say soaring food costs have been the greatest contributor, pushing inflation to 10 point one percent in the year to july. Thats up from 9. 4 percent in tune. The bank of england once inflation could peak at more than 13 percent this year, scientists war and the ongoing jazz engine that could be the waste in 500. 00 g s. The wildfire seen in sout
Asian stocks followed through on one of the biggest rallies of the year in the u. S. Stock market. Ofis a compilation speculation by the ecb and bonds and results are beating estimates. The cash markets moved briskly yesterday. S p up 1. 2 , the biggest rally since 2013. It is around the flea money concept. The little bit of paring back for u. S. Equity futures. I love the u. S. Title about volatility. Panic departs from u. S. Equity market. Sharpest drop in volatility since 2009. The past three weeks have been for not. Bank of america speculating that equity stock by another 10 . It mimics what happened with 11 fed when we had an decline in 2010 and 60 in 2011. Bestperforming markets in the year, hong kong. It is somebodys bar chart today. There you go. Transport is driving this market. It is up by 11 and it has rebounded with a heck of a pace in the past six days. 30 airline stocks. Estimates at 13 , beating them. Volatility is down and oil. Investors are buying oil. Stocks are risin
European finance minister are close to a deal that would allow them to wind down failing banks, pave the way for the creation of an eu Banking Union. Praising greek reforms as the finance minister tells cnbc the country will regain Market Access as early as next year. As we often perform the target for this year, the same will happen next year. I think now we have proven our goal. And the era of on government motors draws to a close. The u. S. Government sells its remaining stake in gm four years after the automakers bailout. Announcer youre watching Worldwide Exchange, bringing you business new from around the globe. Welcome to todays program. We will bring you shots and pictures from Nelson Mandelas Memorial Service throughout the program today. We are just over an hour into the european session. Equities are a little firmers, advancers trying to outpace decliners by six to four at the moment. Yesterday, the ftse was just up 7 points. We had slim gains for the u. S. Market. The s p s