Emirates. Angie it is just past noon, welcome to Bloomberg Markets middle east. Today it is a reversal of yesterday. There was a concern about the fallout over italy but when markets will help this morning here in asia, they are just following this global rally, a relief rally, you could say. Yousef it is a relief rally. Some of these moves are simply remarkable. I put up this chart which shows you some of the volatility. This is what you can pull out on your bloomberg, and we have also added what happened with the trunk win in november. Two lines, eurodollar one week implied volatility, the vix. You can see the spike ahead of the announcement of the u. S. Election, then look what happens in the runup to the italian referendum and how it abates. Bloomberg strategists making it clear there is little reason for the implied volatility. The markets want to focus on extension of qe in the eurozone, and the other one will be the decision from the fed. You are looking at later on in the curve
It has just gone 6 00 in the morning here in london. Givingsh retailer numbers for the full year. It looks to be in line with estimates. 4. 7 billion euros is where the number has come in. The estimate was for 2. 9 billion euros. Fullyearalking about like for like sales rising by 8. 5 . Lyear sales coming in it 57. 8. A touch like where the analyst had the fullyear gross margin. Nomura has been talking about looking for updates on possible Additional Capital returns. We will see if we get any news on that front. Erin mind this is a stock that has been increasingly loved by analysts. We have a lot of upgrades coming through on this one recently. Rated as a new performer at macquarie. Relative to the sector it does have a premium value that trades times Retail Sector. Numbers from the german logistics business, giving us an update, confirming their 2016 target. That will be some comfort to some people who follow the company because it is a business that has issued two cuts to its profit
A program that could be due to just having a usable service. That said the fcc thought it was important to preserve the integrity of the program by instituting a number for form so they put in a duplicate database. They also put in a special task force to address any kind of issues around fraud waste and abuse in terms of enforcement and since they have put in those changes there has been a significant amount of savings that the program has seen since those changes have put in place. In addition to doing that the fcc is now proposing a thirdparty administrator to do eligibility for the program. The reason this is so important is because there have been unscrupulous providers who have been left with the job of confirming a legibility for the program and they are the main force of some of the existing broadway broadband abuse that occurred. By removing the eligibility roll away from them you have two things occurred. One, you address the biggest driver of fraud waste and abuse in two you
Cuffed to his sides and wearing leg irons one of metros own appeared in court. On the charges connected to domestic dispute. How do you plead to those charges . Not guilty your honor. According to the arrest report james burt a veteran metro officer got into an argument with his live in girlfriend. She told arresting officers when she tried to leave burt dragged her out of her car into the house injuring her neck and bruising her right breast. He eventually let her leave apologizing then asking her to help him get help. Burts attorney argued that because his client was a honorably discharged marine, a Police Officer and that he cooperated with the arresting officers bail should not be set high. But the d. A. s office wanted nothing to do with that argument based on another Domestic Violence arrest in 2011. He put that victim on the couch, his knee on her chest, she cant breath grabbed her around her jaw. In both situations there are injuries that are consistent with the events of the v
Resilient, whic ways that we bee are going to help both businesses and consumers. The bill includes investments in Energy Storage which helps integrate Renewable Energy. It has provisions for advanced grid technologies, which really help make our electricity grid smarter and more intelligent to move Energy Around more efficiently. It has Cybersecurity Research and development. I dont think there will be anybody here in the senate that wont support this more robust effort on cybersecurity, given the challenges and threats we face. It has a focus on new renewable technologies, which are great brickintroduce in helping to which are great breakthroughs in helping to drive some costs. The cost is basically onethird to onehalf less of newgeneration services. This chart here focusing on that is the question of whether you want to pay 4. 6 cents a kilowatt for production or 12 cents a kilowatt for production. I know this id rather pay 4. 6 cents. I would rather drive the efficiency down to the