Dubai. Breaking news. Anna from the clothing retail sector, lets get straight to those numbers. Better than estimates the best way to summarize in terms of q1, 705 million euros, better than the estimate of net profit, firstquarter sales just a touch ahead of the estimate for the first quarter. They are saying that sales in 1 to juneose 15 may 13. And looking at the number, that is coming above estimate as well. Many, thene of the Global Presence is perhaps insulating the company from tougher sales backdrops that they might been seeing in various individual countries. But i would not stop some negative fx implication, we performance of weak performance that they cannot but better numbers, than estimated. Let us turn to the brexit question, manus. The Eu Referendum on the 23rd is just eight days away, marking them off as my calendar goes. We have a series of charts illustrate how the market is looking at the story right now. Manus we have. Look, no doubt about it. Let us talk about a po
Similar gains for italy and spain. If you check out the currencies, thats where so much of the real volatility has been taking place, you can see that the pound is higher versus the dollar. Its trading at 1. 4635. The dollar is up against the yen at 104. 44. Finally, check out crude oil prices, crude down by a dollar last week with real concern on what was happening there. And that added pressure to equities last week. This morning, wti is up by 1. 5 . The gain is 73 cents to 48. 71. A couple stories we are watching this morning, Indias Central Bank chief announcing hell step down when his term ends in september. The news was not expected. Rajan has been popular with Foreign Investors and took control of Indias Central Bank in 2013 when the country faced the worst currency crisis since the 1990s. But faced creditism from the ruling party for not lowering Interest Rates enough. And he announced sweeping reform rules. This clears the way for apple to open stores in the country. Shares fo
First on fox, some confusion today involving Donald Trumps visit next week to the valley on wednesday. A few days ago, youll remember his Campaign Announced that he would be coming to phoenix for a g. O. P. Unity rally, and then this afternoon his Campaign Announced that the event was cancelled. But a couple of hours later, an about face, donald trump himself tweeting saying that he will be in phoenix on wednesday. So, this is what he tweeted. Will be in phoenix, arizona on wednesday, changing venue to demand is unreal. Polls are looking great. So what exactly is going on . We sent Danielle Miller out to find out. She joins us live from Downtown Phoenix, danielle . Kari and john, we are here at the Hyatt Regency in Downtown Phoenix where this event was actually supposed to be scheduled here for wednesday only to find out today, as you guys mentioned that local Campaign Officials are telling us that the Campaign Event is actually off, only to find out a few hours later reading donald ev
Reporter yeah, thats what donald trump said on his twitter feed today. This was the original plan, was to have the event here at the Hyatt Regency in Downtown Phoenix on wednesday. And as you mentioned earlier, heiwe heard from local officials that the event was called off only to find out hours later that the event was still on, just not here. Word several days ago that donald trump will be making trump was scheduled to give a speech on policy wednesday at the Hyatt Regency in Downtown Phoenix. But today local Campaign Officials confirmed that that speech had been cancelled, and then a few hours later trump took to twitter saying he will be in the valley on wednesday but looking for a larger venue. The tweet also saying demand is unreal. There were rumors that trump was going to use his appearnce to make a big announcement regarding his stance on immigration. Earlier today, trump told fox news that announcement would i think people will be extremely happy, and ill be announcing someth
South korea were closed for whats the mid autumn festival there. And the european equities, things are up. Cac is flat and if ftse is up by 0. 2 . This morning crude is up by 24 cents still trading at 24. 81. Lets get you caught up on the busiest day of the week. The bank of engallant is going to be announcing its latest policy decision. Expects to leave rate. Jobless claims are out at 8 30 time. The Producer Price index and september philly fed index and at 9 15 look for august Industrial Production. We talk about the apple iphone a lot. Apple now saying the initial quantities of its iphone 7 plus are sold out. Thats the one i want. The new gadgets will hit store shelves sometime tomorrow. Consumers wont be able to buy sold out phones but the company will continue to take orders online. I wont be releasing its first Sales Numbers of the iphone 7. Why . I think they made that decision a while ago. It reminds me of the details. In fairness to apple, nobody else does. Samsung doesnt. The