presentation compared to what it did say 24 to 36 hours ago. center of circulation well to the south and west of the southern portions of florida but we re still feeling the impacts. you see some of the clouds streaming all the way up into the central portions of the state. rain bands rotating on in. we have the potential for tornadoes that may be spawned and that s why there s a tornado watch that s in place stretching just south of orlando to the keys through the early portion of our morning. we ll keep an eye on that very close lui. where is isaac going to be heading? the projected path has shifted just a little bit further to the west since the last advisory. you can see what s taking plus in terms of the wind strength moving up gradually through the middle part of the week. late tuesday into early wednesday approaching portions of the gulf coast, portions of louisiana and mississippi implicated in that. tracking its way inland. watching the threat for big time flooding i
reporter: it is. absolutely. we have an indication of 102.3 for the index for august. that s lower than the forecast. interesting twist though to this stock because we have current conditions at 111.2 which is ahead of expectations on the other expectation index. what people expect over the next six months to happen is below expectations coming in at 94.2. we had hear expectation of 95 to be reached. this is something that should have an impact also on the euro. at the moment euro/dollar at 125.14, not moving. at the moment the index below expectations, however it is the expectation index that s definitely below par. on the other hand current conditions stabilizing. a couple of issues that people are watching. first of all current economic crisis, debt crisis in euro but if you think of the way the euro has started trading on the upside to the u.s. dollar as of late, let me give you a comparison. on the 3rd of august, we had about 1.2179, trading above 1.25. euro german exp
it s a great deal for shareholders. this provides industrial shareholder base for aegis, great combination, first communications group born in the digital age. i think it s great news for our shareholders and very good news for other stakeholders. thanks so much for joining the show. already, no time to settle in. let s bring an update. we have the iaea coming out with some comments saying that they see weaker economic growth suggesting a possible oil market ceiling. that could be some nasty supply surprises. look out for that. oil demand seen growing in 2013 but on an anemic economic recovery. the iaea says the fundamentals have eased in 2012, but opec output cut to 30 million barrels a day would have an impact on this situation as well. so, global oil demand at 90.9 million barrels a day in 2013 is the projection, 2013 the iaea sees global oil demand at 90.9 million barrels per day, oil demand growing by a million barrels a day in 2013 versus 2012. it suggests weak econ
fire. any other government minister? no. it almost worked out okay. we re back for day two. back by popular demand. parental support has been amazing. thrilled to have you back. ross is out for the rest of the week. we have policemen of news. loads. let s give you a rundown. we ll be examining the latest data out of china. we have a senior chinese economist who will be joining us. he said there s no further rate cuts. judges will consider whether the german president can okay legislation governing europe s bailout fund. research in motion will have a meeting in ontario. how can they face tough competition. and warsaw wins the prize for having the worst traffic problems in europe. find out what other cities are grappling with. just before noon central european show before the end of the show. if it s just before noon central european time just before 11:00 our time. right? also finally we will hone in on norway after the government forces oil workers to s
of results from the jientds. they could weigh on market sentiment today. iag s chief willie walsh tells cnbc, he will consider investments into a whole host of allied companies including american and jal. an exclusive interview is coming up. hello, everyone. yes, you re watching worldwide exchange with christine tan in singapore, and, of course, i m carolyn schober filling in for ross westgate. the bank of spain has boosted capital boosting plans admitted by all 135 spanish banks but it s warned that some lenders are going to find it difficult to meet the capital requirements set by the government. meanwhile spain s prime minister says his country can avoid a bailout but admits the eurozone remains very fragile. spain will issue long-term debt tomorrow. that s going to be the key for the country after it creeped above 6% this week and also last week. meanwhile he says he plans to stick to target this year and there debt costs will cease. carolyn, lovely to see you. me