European particular kmarket as the last of the losses from a fake statement release. And the uk chancellor has not delivered his autumn statement, but already the shares in state agencies are plunging over fears that he will announce a clamp down on letting charges. Good morning. Want to bring you eurozone november pmi numbers. By in large they beat expectations. European Business Growth at the fastest rate this year in november. Looking at a composite pmi print of 51. 4. Manufacturers leading the strong performance. If we look at some of the regional numbers, germany an france seeing quite a nice pick up in the Services Side of the economy, that bodes well for the Fourth Quarter gdp numbers. For germany seen at half of 1 . The german manufacturing component was softer than expected. Euro dollar 1. 0612. Not a huge reaction, but bunts are rallying regardless of the data. Quite a reversal. At the same time keeping in mind we have so much data state side today as well. Some of the big ke
Weekend three months. Australias market is at a 2016 high. Set to pop in tokyo after u. S. Shares soar 27 . You can let us know what you think of todays top stories by following me on twitter. Dont forget to include trendingbusiness. Lets begin today with breaking news from the south of france, where a truck has driven into a crowd, killing 77 people in nice. They are now calling it a terror attack. We are live from paris. Tell us what you have on the latest news. Basically the latest we know now is that in the past 15 minutes, Francois Hollande has returned. He was celebrating bastille day. Right now in terms of what has happened in nice, 77 people confirmed dead. We are reporting about 100 others have been wounded, and this occurred earlier this when one person, at least one person as we so far no, was driving a large, white a crowd of into revelers watching the fireworks celebration for bastille day on , a promenade des anglais popular area for revelers and visitors to the city of n
Verbal to actual intervention . Deflation at nestle. The slowest sales growth since 2009 on sluggish price growth. Good morning. Less than half an hour till the European Equity market opens. Lets show you what is going on in terms of where the price action is and where we think we will go this morning. This is the fair value calculation 22 a half white rise. Pointing to a halfpoint rise. This line here, this column here shows you where we think the market is going to be opening. It will take you through to the gmm function. We are getting a little bit of breaking news coming through. Let me take you to that as i show you the gmm. Sampson news coming through as we can see on the screen. Closing at a record high. Let me take you back to my gmm. We have the bloomberg dollar 1 . X down by point. 4 of it does not register as being one of the top five. It is all the way down here. 83. Ese yen up through 199 it is the aussie dollar and the kiwi that are making the big moves today in terms of
That came off a 14 drop in july exports from a year ago. Part of that story is the strong yen. The dollar weakening across the board after yesterdays release of the minutes show that policymakers were divided on a near term Interest Rate hikes which has led most participates to think, were not going to see anything any time soon. Ive been ranting. Shes privy to all my ranting. Ive decided i got a new view. I want to get a job at the fed. All they need to do is either just spend all the time, what do you think, should we raise, i dont know, what do you think. Im worried, im worried. I dont think we should. I think we should. For years they do that. And they dont have to do anything else. Twidle their thumbs. Now i decide theyre one big composite of hamlet. Hamlet is like, i really should do something. To be or not to be something. Maybe i do, maybe i dont. If i do this would happen, if i dont, and they go through all this hand ringing and we know how hamlet ended. Thats why its called a
We have a great show lined up for you today. Joining us today is the global chief economist janet henry. We will be talking about the fed, the boj, negative rates, and everything in between. This is a picture of european stocks climbing. The outlook is thinkin the dollar. The for three times since the brexit though, we have touched 100. Of the straight to the bloomberg first word news. Frances Unemployment Rate fell to 9. 9 in second quarter, which will help Francois Hollande keep his promise to drop joblessness before the next election. This is the 10th consecutive month of shipments falling from japan. They continue drop highlights difficulty kickstarting the japanese growth. Chinese home price gains have culled for the month of july. Versusrose in 51 cities, 55 in june. Australias jobless rate fell from 5. 8 to 5. 7 . The aussi dollar gained. Two u. S. Swimmers were taken off of a plane in rio yesterday in an as leading to see local police about a reported Armed Robbery. They were r