600, youok at the s p can see it stands at 0. 7 . It is mostly travel or leisure stocks. Index is a great test for how much fear is on the market. You can see it is gaining 12 . S p futures are having one of the biggest routes since 2008. Is ats. 10 year yield 1. 18. Urges deep cuts. This is in the review. I dont know whether it comes from commerzbank itself. We will have plenty more on that shortly. Crop gin with facing in thekrupp selling biggest private equity deal in a decade. Consortium beat out a rival bid from a another group. Now to saudi arabia. The kingdom is planning to sell more of its stake in aramco. It is looking to fuel its plans for economic diversification, according to the head of saudi aramco. But an International Listing could face hurdles. Investors may question the valuation at a time when crude prices are slumping. It toare looking into have more offerings. Saudi. Ontinue to be in have any stocks we think could bring Value Investors to us, we will consider it. Y
Lift from the ecb, but if chinas cpi follows yesterdays disappointing ppi figure. After 24 hours of talks with the social democrats, no breakthrough for and allow merkel. But how much do germans really care . Matt we have the inflation numbers, the banks coming out. Look at futures, up across the board. This is the wei screen. Significant gains on the continent, lighter gains here in london. The treasury trade. This has been the saga of the past couple of days. After we saw u. S. Treasuries go above 2. 6 briefly and bill gross called for a bear market. In the other big names bond industry seemed to be positioned that way. You had the yield coming back down. Right now, we are hovering around 2. 55 . Been oneit may have day for us to use that term bondsmegedden. Yields downthe bond story produced an uptick in equity markets and the s p. Up. 7 yesterday. And i had a very solid session. Europe didnt do so well. Airlines had a very solid session. 120. Uro, back above you can see the moves a
For european markets. They are all headed in One Direction at the moment. Well be getting an expert view on how long it will last. A vision for the future. Well be talking interactive billboards and Digital Advertising with one of the industrys leading companies. Dentists are calling for an end to the workplace cake culture. Is there too much junk food at your work, or does it make a happier office . Let us know, just use the hashtag bbcbizlive. Welcome to the programme. It is never too early for cake and chocolate, just get some false teeth today, markets in the us, the uk and most of asia have been open for the first trading session of the year. In 2016, surprise political results caused tremors on both sides of the atlantic, but a new report suggests theres been a sharp increase in Business Confidence for the year ahead. The professional Services Firm Grant Thornton says the number of companies expecting to grow their annual profits is at a two year high. Indeed, here in the uk, the
Down by a full percentage points. You have to say, what is happening on the continent, the pain more acute in mainland europe. David we were looking at this before, was you put this in the same and once you put this in the same currency, rebates, everything going into the dollar, and you will see why this next board is important. The town has been battered pound has been battered, down by over 8 . That does not look as dramatic. And this was have been in the market swiss have been in the market. At. 07 and we got down on the dollarthe yen, trading down by nearly 4 . Jonathan bring up the bonds. Yields on treasury grinding got to alltime lows. Points on the session. And for me, you spoke earlier, the idea that they could use lose a triple Credit Rating in the United Kingdom. This is down 33 basis points. We talked about it being more acute on the continent. I believe it is down 12 basis points, 20 basis points on a 10 year yield right now. David it is a sovereign, so the effect is much