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tous: you re welcome countdown. anna: breaking news. manus: let s get into it. miss.ue, it is a 13 billion euros, the market was looking for 13.2. formarket was looking less, almost doubled a negative number the market was looking for on organic volume. china, the market their declining by 3% or 4% stop eastern europe is an important part of that story. eastern europe is under pressure. contracts, eastern europe has declined by mid-single-digit percentages. the western beer market is flat. deutsche first quarter beating estimates, revenue that was missing those estimates. they have confirmed their full-year view. the 2013-20 operating profit target. interesting to see how this business is managing to cope with a boom in parcel delivery because of online retailing and how that is offsetting any declined in their letter delivery business. dominant male carrier in germany that is increase their postage prices at the beginning of the year. internet, they also own the dhl ....
product profit increase but can it be sustained? we ll find out when we speak to the cfo in 45 minutes time. we are now half an hour away from the european open, caroline let s take it look at where we think it will take us this morning. it looks like a mildly negative start for the european day. this is the fair value calculation. the dax :00 it will be just positive, everything else looks like it will be negative but only just. it looks like a fairly flat open. rebound iny we saw a minors when it came to europe and that seems to move into asia, helped by copper trading up 0.8%. brent crude oil is currently flat. there have been concerns about nigeria and the niger delta being evacuated and concerns about the safety. there seems to be a supply-demand dynamic. yesterday andckup it seems that commodities go higher and so do stocks. we will be digging so much more into the dollar index because it s down a quarter percent but goldman s sex says go long on the dollar. we ....
taking center stage. joe: across the board today, retail is the big loser. in the green, ultra safe utility stocks. eking out a .24% increase. a notable selloff after yesterday. i want to hammer home what happened in retail. what happened here was investors yesterday,this etf then we got macy s numbers which are all. it killed most of the retailers today which were awful. macy s down, one of the worst performers in the s&p. staples the second worst performer. the big deal there is it will no longer get to acquire office depot. the question is literally how do they survive? everywhere you look those names got hammered. joe: people do not want retailers today but with they do want is government bonds. spain is going to launch a 50 year bond. for long-termer debt because it offers field. here s a look at spain s a 30 year yield. italy, they just sold one year debt at the lowest level at auction on record. another dissent into negative yield. which has a big super thurs ....
the central-bank prepares for its last super thursday ahead of the referendum. we will bring you full coverage, live on bloomberg. so we are 28 minutes away from the start of the european trading. it looks likely will see a mildly negative start to the day. let me show you what s happening. this is the picture at the moment; you need to focus on his missed price column. london looks like it will be down around 3/10 of 1%. continental markets looking firmer. i would say probably that points to a flat story at the get-go. caroline: yeah. let s have a look at the asset checks we have on. i want to draw into what has been happening on the oil side, and what has been happening largely on the japanese trading front. keep an eye on oil. there was a surprise reduction in inventories in the united states; we saw it down to its lowest in september, 2014. clearly a bounce in oil has been driving it, some japanese bonds to keep a close eye on. i m interested by the fact that 30 yea ....
were part of a state run dop ing program. global news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the country, i am mark crumpton. emily: i m emily chang and this is bloomberg west. facebook response to accusations that the social network has been suppressing conservative news story. apple shares slip below $90 as with apple that with al phabet at its heels. the winklevoss twins are back. first, our lead. facebook faces accusations that is human editors are more involved in choosing what you you might think. gizmodo sourced several anonymous contractors who accused the social network of censoring its trending topics by pushing certain stories and suppressing others like conservative stories. the chairman of the senate commerce committee sent a letter to mark zuckerberg saying if facebook presents its trending topics section as a result of a neutral, objective algorithm but it is subjective and filters is a or suppress part ....