Welcome to the pulse. We are here in london. It is a busy morning. Francine we are just getting some figures. Confidence at 108. 6. It is a good indication of what germans are thinking after we had some dire pmi figures yesterday. Guy this is a survey of business in germany. It is 108. 4. The median expectation was 108. 6. The Current Assessment, 113. 9. Francine when you look at the breakdown, expectations are lagging. The Current Assessment is a little bit high. Lets look at eurodollar. Guy lets look at what is going on. A little bit of a rally on our hands. That was generated a little bit earlier on. 1. 0892. Francine fitez, futeex where Authorities Say the man who caused the flash crash work. Guy ryan. Ryan we are on futexs Trading Floor, where Navinder Sarao worked. He spent the better part of his 20s here. This is where he learned the abcs of training and honed his skills. Important to note is the period after he worked here. Specifically 2010 and the flash crash. That has captur
Building a company and we have a lot to do in 2014. 2013 was great. There are still a lot of businesses out there that need things for everything they do every day. That is the theme of the week. We have one company doing that. Tmobile will buy some spectrum. 700 megahertz spectrum licenses. Everybody wants those. 2. 4 billion shows how important it is to have the space. Dead a whilet for ago. Jpmorgan, they will pay a 2. Illion fine on charges jpmorgan made off, people inside made off. Why they are picking on jpmorgan 20 billion . Two mortgages to the london wales story. You would not agree to pay it a must there is something going on. Todays the first day of the real trading day of the year. Stock futures are higher and lower in china. Fivemonth low. Appointing manufacturing data is raising old fears of a slowdown in china once again. Sells skiing and broke her pelvis and canceled everything for the next three weeks. I am not sure how that happens. Downhill skiing, i am with you. Thi
To keep the lid on growth. European markets get a lift from the latest European Market data showing the private sector has expanded for the First Time Since april and signaling europe could avoid a recession in q4. And japans Business Sentiment sours in the Fourth Quarter. This reading comes two days before a nationwide vote that suggests it will hand the ldp position a landslide win. Were going to give you all the latest results from the flash december data for the pmi for the eurozone that were just getting out. The overall, the deposit is a touch stronger for the month of december. The details show the manufacturing weakened slightly and its services strengthened slightly. They are overall still in negative territory. And were seeing the euro dollar respond a little bit to the downside. Down about 0. 01 trying to fight back into flat on the day. 130. 75 is the level there. Again, the services pmi is at 47. 8. Compared with the 47 that was expected. Its a fivemonth high. The manufact
Fighting in ukraine grew more widespread as the key of government stepped up a campaign to quell a prorussian insurgency. Meanwhile, germany is pressing for another round of talks in geneva to bring russia and ukraine together and the u. S. And european union. The german chancellor Angela Merkel and russian president putin discussed the crisis in a phone call on sunday. Joe . Chinas factory activity remains stuck in contraction for a fourth straight month in april. The hsbc purchasing Managers Index came in at 48. 1 and thats lower than the preliminary reading of 48. 3ment and below the 50 mark to separate expanding activity from a contraction. That shows a much bearer picture of manufacturing than the official pmi released by the National Bureau of statistics. Last week it crept up to 50. 4 from 50. 3. Lets take a quick look at the futures right now. And becky, as i know you are probably listening, watch the tenyear note go by every once in a while. Its i dont know whether you checked
Money is drying up because those who would invest in the Broadway Productions seek cheaper venues elsewhere. Do your kid is pricey. So he pushes tax breaks similar to that of the tv and Film Industry he says is about keeping broadway on broadway and that jobs in new york tuned way to go senator schumer. Now give the rest of us a break so while you help cinderella get off of fireback. For real. It is amazing when democrats see the fallout from their ways they reversed course to save their jobs because tax breaks, tax credits or tax cuts work. They create revenues and i commend the senator for saying that. I cannot believe i am saying that. I commend . Ply suspect he already knew that just like every liberal who professes otherwise because every time push comes to shove it goes just the opposite when trying to get out of the bond. The president has money to spend his budget because he spends the money from the tax breaks that he offers in the same budget and why another politician a demo