Lowest target in 15 years for growth. They say we will aim for 7 how will that affect commodities markets going in. They realize they cannot put growth ahead of everything else. 2 10 of a percent higher and france and theyre waiting for the dax to open always a bit slower in the morning. The euro focusing on what is moving ahead of the central bank and later today mario draghi will paint us a picture of that 1. 1 trillion euro stimulus row graham. What will he be buying and when will he be buying it. Theyre down 2 10 of a percent and the euro has been falling for six Straight Days now. We are currently at one dollar 10 1. 10. After that we are going to 0. 9. We will hit parity next year says goldman sachs. Lets have a look at gold, a little bit flat ahead of that on buying program. Meanwhile oil is down again for a third day actually it is falling down 3 10 of a percent, it had been on an upward trajectory that is about u. S. Stockpiles easing that little bit. We do have a few notable
After a wave of consolidation we break down the results from two of the key players. Mark will the drama pay . Itv reports. We see if the numbers are as big a hit with investors as Downton Abbey is with global viewers. Welcome to countdown, i am mark barton. Anna i am an edwards. On a edwards anna edwards. Stay with us for the bloomberg exclusive with megaupload founder. Mark the markets moving in asia and stocks under pressure as the global selloff continues. Weve seen 400 billion over the past three weeks. Lets start off with the stock market. Lets start off with the stock market. Were basically seeing a decline across the regional benchmark. In japan we are down 1 and the yen is a little bit stronger down 7 10 of 1 . One of the stories right now is asia with a very weak retail sales number in the u. S. To some extent, investors started to book those profits in japan. Australia was down because of the banks and the big mining stocks. That is up. 5 . That market hasnt really done anyt
Guy good morning and welcome you are watching the pulls. The pulse. Barclays, rbs, city, and jpmorgan are all said to be ready to plead guilty. The link here is fascinating between what happened with ubs and the fx story. Explain the connection. Ubs is being implicated in both the fx and libel scandals. The ebs has good lawyers, or they are good at finding wrongdoing and fessing up quickly. So with libel, they were first to the door and he escaped criminal sanctions. Here we are three years later, yet again they are caught up in the fx thing they were first in the door of the department of justice. Ubs has avoided the scandal. They have not gotten off the hook completely, because the department has turned around and said it you signed a deal. You have not stuck to the terms you committed other crimes, we are going to hit you with a guilty plea and a fine. Guy do they have to keep their nose clean on the fx one . Liam you would think so. I think they have a threeyear probationary. Maybe
The Christmas Lights are beautiful. You can really smell it. Christmas is in the air. Air is also an air of panic. In every shop window, a sale sign. Marks and spencer is offering 30 off. Don the road, 50 off. More on why retailers are slashing their prices and why ubs says the clothing retailers have hit the panic button. Caroline, we will get back to you very shortly. , lets have a look at these equity markets. We are seeing higher equity markets as europe loses aaa s tatus. Does that really matter . Stocks saw their biggest rally in nearly three months. Higher by door to voice a deutsche divorce a borse and merck. We will see stocks and indices go off the board today. All agility will be the name of the game. The dollar index rises. Fx volatility is dropping. Pimco does not expect the dollar to rise much. The euro dollar drops by a quarter of one percent. It has had a good run. A couple of stocks and headlines. 25 . Oil down. They have a big venture with london and there is a delay
Hello. Welcome to countdown. Its just gone 6 00. A bloomberg reporters are standing by ready to deliver the stories that will drive your day. Thethan ferro is watching numbers from airbus breaking right now. Can they boost business . Elliott gotkine has the latest from tel aviv. We have some big earnings interviews for you. Company earnings this hour, we will have an exclusive interview with the companys ceo. Chiefchat with the executive of the second largest u. K. Homebuilder. More on his companys latest its of the uks largest professional Recruitment Agency also reporting today. Will join the second hour on countdown. Lets get the breaking. Airbus releasing its numbers as we speak. Just reporting those numbers and Jonathan Ferro is here to bring down the details. Income, revenue coming in five percent higher. 59. 3 billion euros. Income rising by 22 . Fullyear earnings interest before tax, 3. 6 billion euros. Dividend to . 75. The game for the charges, here we go. 434 million charge