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I am manus cranny. We are waiting for the numbers. With bated breath. You have the carlsberg numbers. When heineken comes down we can go to that. Carlsberg has cut its fullyear profit outlook. The earlier forecast was for adjusted net income to rise by low singledigit percentages third what they said is adjusted net income wont fall by midto high single digit percentage. What we care some much about carlsberg, not only because it is the worlds fourth biggest brewer, russia is its biggest market. What it says about russia is fascinating. Market volume in russia down by 6 7 in the first half. Its market share has fallen sees8 basis points and it the russian beer market down by a high singledigit percentage. Its earlier forecast was a midsingledigit drop. Revenue threatened by Political Tension over ukraine. The weakening global and government efforts to curb drinking. Well come back to carlsberg in a second. Heineken is all yours ....
News. Measure of how german businesses are feeling about life right now. Business confidence has come in at 106. 3. That was against an estimate at 107. The measure of Business Confidence has come in a touch below estimates. Of. 3 versus the estimate 107. That marks a number of months where we have seen that number getting lower. Four months we have seen that getting lower. Lets have a look what the euro is doing. You have plenty for the euro to digest. A little bit weaker in early trade on the back of the comments coming out of jackson hole. Mario draghi putting investors very much in mind of quantitative easing. That is certainly the topic of conversation. We havent seen anything being announced just yet. That was adding weakness to the euro. Then we got the resignation of the french government and now we have this lackluster indicator coming through on the German Economy< ....
That worse . Stay tuned. That is what we are watching today here on the move. European markets have opened lower. Stoxxeins for the euro 50, the ftse, the dax and the cac 40. Lets check in with manus at the touchscreen. We are going to see a little bit of a drop. Losingflicking around, about an eighth of a value. Where weh more about are in terms of reports. Carlsberg cutting their outlook. Heineken, things are going well. It is about the bank of england, the Federal Reserve. Go into the u. K. And have a look. Diageo coming lower on the first trade. Glencore does it again. Overall numbers beat real. Glencore came out this morning. , 2. 01 billion. The super cycle of commodities is not over. Where we are with rio and balaton. Iron ore will not peak in terms of supply and 2017. We had a great interview with holgate. His view, Ivan Glasenberg is the only man who knows what is ....
Significant rebound in growth in 2015. That is what i took away when i spoke to the new chief economist at the oecd. Oil is also going to be in focus. Kuwait coming out and saying they have no plans to cut oil production. Have come a little bit lower. Bank of england Quarterly Report this week. Will mark carney be forced to reduce his overall growth forecast . Decline inthe european exports from this country into the entire euro zone. They declined by 11 over the past year. The Growth Numbers that were assumed in august for england ecb will alsothe deliver data. You will also get the cpi numbers. s challenge ishi to get the rest of europe to replicate what has happened in spain and the republic of ireland. Jacques question the validity of that real change. You are looking at dramaticallyhigher unemployment rates. Lets have a look at some of the companies. Sinsburys will del ....
Welcome to Market Makers. Mom and dad are away and the kids are here for the show. Fornything goes, we are in Erik Schatzker and stephanie ruhle. We just saw paul ryan come by. There is a big interview and we are excited. I will take full credit for bringing him here. You totally should. We will have great analysis from Phil Mattingly after the interview. Its time for the news feed. The argentina president has come up with a way to bypass the u. S. Court ruling on bond payments. The government wants to let overseas debtholders swap their byds for one governed argentine law. They will get Interest Payments through the Argentina Central Bank instead of in new york. A u. S. Judge barred american banks fr ....