hello, everybody. i m chloe cho. here in asia, japan s government says the economy has slipped back into deflation as the boj upgrades the assessment of the economy. i m becky meehan. in europe, we have our third president, but who is herman van mumpee? and i m matt nesto. the white house is standing by their man. some are calling for tim geithner to step down. a very warm welcome to cnbc s worldwide exchange. let s take a look around the markets to see where the action is starting with the ftse cnbc global 300 index. here is where we stand. just higher by a few points, about 7 or 8 points. that equates to 0.17%. looking at the futures pictures, we re looking at gains of just over 0.5% for the ftse 100, xetra dax and the cac 40. the smi is higher by 0.31%. dollar/yen, 88.87 is where we stand so far today. euro and sterling declining a little bit against the dollar, looking at 1.4896 for the euro. sterling at 1.6593. euro/sterling, 0.8977. chloe, how is it in asia toda
exporter stocks rebound in tokyo as the yen pulls back from an eight-month high against the dollar. hello, everybody. i m louisa bojesen. financials are failing to lift european stock markets despite a capital hike by bnp paribas. and i m julia boorstin in the u.s. the fdic plans to ask banks to pay three years of as banks are dwindling deposit funds. hello, everyone. welcome back. very glad that you re with us still on the channel watching now cnbc s worldwide exchange. we re with you for a full two hours. let s take a look at our cnbc ftse 300. very flat right now. it s not often oouz that. open on a slightly weaker footing for some of them. the ftse 100 flat to a little lower. the likes of compass group, for example, the world s largest indicate caterer come out with a higher market, but the understandsy is still on the lighter side of things. the currency rate in the current session, we re looking at these crosses at the moment, sterling/dollar lower by a tad. a