Lauvens the first ltro are expected to disappoint. Results out in over an hour. Moving camps and demonstrators out of the financial district after more than two months of occupation. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. We are just getting news out of norway. Theyve cut the deposit rate by 25 basis points to 1. 25 . We were expecting a slightly easing meeting announcement. We werent expecting an outright rate cut until early next year. Low Oil Prices Hit a fiveyear low against the euro, which given the eurozone weakness is quite astonishing. The economy has been weakening. T inflation, the most recent number declining slightly more than expected, but only fractionally. That has led the central bank to cut the deposit rate to 1. 25 . The norwegian krona has strengthened against the dollar today by 1. 2 . And we should point out the norwegian krona has been depreciating against the euro over the past couple of weeks because of the
Ready to walk away from the negotiating table but teheran says Good Progress is being made as the deadline is extended by 24 hours. Easter comes early for the swiss chocolate maker. It bounces to the top of the stoxx 600 despite kurncurrency head winds. Good morning. Lets kick things off with Economic Data in terms of march economic numbers. They have risen rising to 52. 2. Meanwhile the forecast was around 52. 4 so maybe this is a little bit of a disappointment for some but we have seen improvement in the german spanish, french figures and this number points to further improvement as well. Factories benefitting from the weaker Euro Dollar Exchange rate which is sensing its worst quarter on record. Down by around 11 and firms barely cutting prices last month. That is a really good sign and yesterday, remember the data confirming the deflation nary pressures for the euro zone, they are easing. Yes were still in deflation nary territory but that pressure is definitely easing so once agai
Fido and friends. Were down to two dogs. Were thinking about it. Another German Shepherd . Possibly. When you get door stops or something you always get bookends. His and hers. So they can sit by the edge. Id like to get a brother. Of zara. Yeah what a dog. All right. Well talk a little bit about the Second Quarter. It begins today and the bulls are hoping it starts better than the First Quarter ended. It was a rough session yesterday down for the year by closing down about 200 points yesterday. This is the first down quarter in the last four for the dow. But they ended up. It was slightly higher. The nasdaq is on a nine quarter winning streak. Thats the longest winning streak ever going back to its inception in 1971. Check out the futures this morning and at this point they look like there are green arrows. S p futures up marginally and the nasdaq up by over 7 points. The stories, the big ones were watching today the deadline with the talks for iran have been extended by a day. Were s
The changing of the guard alibaba. The company having its best day since the company went public but will new blood help turn the stock around for the long term. Well ask that question. New developments you just heard in mcdonalds plan to turn itself around. Yes, kale is part of the idea. The new ham burglar. Even james franco has been weighing in on the role mcdonalds played in his early career in life. Cant wait to learn more about that. We are watching the markets though with just an hour going into the close. Stocks are near session highs. They opened in negative territory this morning despite the fact that jobless claims came in near a 15year low. You are looking at the dow up by 109 points. S p up by 10 points. Good for. 5 prp the . Interest rates and the european moves have been a big story. Oil down hard today, pushing transports higher. Lets get to our Closing Bell Exchange today. David kudlow from Mainstay Capital Management back with us, cnbc contributor Heather Hughes from
At 29th. Not going to serve more than five years in prison. How that escaped prisoner changed out of his hospital gown on tuesday . Got some food and maybe even some liquor. He allegedly broke into the vacant Morgan Family home. Bruce leshan is live in annandale where that was one of the key questions yesterday a lot of people had. Reporter well, thats right lesli. Woodsen allegedly drove the car up the road before realizing it was a dead end. He stopped and broke into the house here allegedly in search of some way to get out of the hospital gown that he had escaped in. Friends. We are friends right . Reporter not much gets past bailey the bulldog. Certainly not an escaped federal prisoner. Just barking barking and which she never does and this is about 8 00 a. M. [ sirens ] reporter hundreds of heavily armed cops were out searching for accused bank robber after he somehow managed to overpower a private Security Guard on tuesday. At a nova Inova Fairfax hospital. Bailey knew just where