Nigeria. All of this really having an impact on the markets. The Global Markets tumbling after the president s address last night. The futures at one point down by about 100 points. We have seen some improvement, that there are still some pretty sizable declines this morning. Youll see those dow futures down by about 47 points below fair value. The s p futures off by seven points. This is coming after the markets closed lower yesterday. The dow closing at its lowest level since april. The s p 500 closing at its lowest level since may. So again, pressure this morning. This looks like a third week in a row of losses for the markets here. Also in europe, if you want to see how things are reacting, you can see the dax down by another almost. 9 of a percent. The ftse in london off by. 7 of a percent. And in italy, thats the only ed a vancor that were looking at. In asia, the nikkei suffering its worst deline in five months. A decline of about 3 . Shanghai and hang seng saw much more modest
Mother tells us how he is fighting off the competition. Manchester united gets ready to report results later. We take a look at the family behind the franchise. Breaking news for you, gdp day in europe. We have had numbers from germany, france already. Italy data is breaking right now. Down the number. It is a surprise and not a good one. It is 0. 1 . That is pretty low. But france, a mess. Ande regions all missing delivering really weak growth. The only one that beat is germany. There is no comparison between germany and everyone else. This is not a deal maker or dealbreaker for the ecb but it adds fuel to the fire for them to do something. The euro already falling into negative territory. How does this data fit with the ecbs next move . On the inflation point, the say be the ecb professional forecasters revised their outlook. This is the key, the inflation outlook. We will get one for this month and a couple of weeks. For this year, next year and the year after. Mario draghi has told
At the Syrian Embassy in buy root, syrians in lebanon come to cast thor vote. Vowing to fight terrorism, nigerias president pledging to bring an end to boko haram. Ukraines government says at least 14 have been killed after prorussian separatists shot down a military helicopter over the eastern city of donetsk. This comes as separatists have been seeing heading toward slovyansk airport. The government has taken control of the site, but the separatists the road leading to it. Lets get more on this from our correspondent. David, can you give us more about the helicopter that was shot down . It was a droop carrier. It wasnt a helicopter gun ship like weve seen around the skies in donetsk and earlier this week. Apparently there were 14 soldiers onboard. They just put a new shift into an army base. Including amongst those killed was a senior army general, the Ukrainian Government have confirmed that death toll, 14 killed when the helicopter came down. Apparently the prorussian separatists f
Issue basically in france right now, 11 unemployment. Japan suffers the first negative effect of the sales tax hike in april. Retail sales in the country fell at their fastest pace in three years. Youre watching worldwide exchange. Bringing you Business News from around the globe. A warm welcome again to todays edition of worldwide exchange. Lets get to one of our top stories straight away. Apple is buying beats electronics for 3 billion to boost its music business. Streaming services encroach on itunes. Apple doesnt only gets beats streaming service and its market leading highend head phones but high profile talent. Beats cofounder jimmy ivin and dr. Dre, too. Now, apple expects the deal to close in its fiscal Fourth Quarter. Tim cook tweeted this photo, saying, sharing a laugh with jimmy and dre. Interestingly for apple here, what do you think of it . I think its an interesting move. Because over the sort of past 20 years apple has been very much seen as a product innovator. And this
Hello, welcome to countdown. I am mark barton. Stay with bloomberg for the big interviews. We will be speaking to the governor of the central bank of sri lanka. We will sit down with the head of the financial conduct authority. Two big interviews coming up a little later. Lets check the latest from the ecb. We caught up with the Vice President. Jonathan ferro is with us. What is the message . Week, expectations are ridiculously high. 95 expecting a jump. That is massive. Every ecb member adds fuel to the fire. We cut up with vito. Perhaps a little bit more conservative. Take a listen. I understand. It is indeed the possibility, the risk, that for a prolonged period of the inflation will create risks. Low inflation . Check. They areor him concerned about low inflation. What we do about it . Everybody is thinking the right cuts are happening. Lets talk to the people who are expecting their will not be i will try to find a couple. What happens if they dont come next week. Cut next week. B