Live Breaking News & Updates on Eurozone Consumer Confidence|Page 1
Stay updated with breaking news from Eurozone consumer confidence. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Retailers hoping more will part with their cash. Share prices in europe, starting the week downbeat, not catching the retail wave. Well be getting the inside track on big tobacco with the big boss of Philip Morris in the uk. Their brands include marlboro lights, parliament and dupont, but with the switch to e cigarettes gathering pace can they ever really replace the huge profits from traditional cigarettes and tobacco . Today is cyber monday, last week was black friday. Are you fed up of all these dedicated shopping days . The dedicated shopping days . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. As the clock ticks down on britians departure from the european union, the government is keen to reshape the worlds fifth biggest economy. And to do that its launching a new industrial strategy as part of Prime Minister theresa mays pledge to, as s ....
From the peak in may. Taking the human out of Human Resources. We meet the woman whos software aims to automate the Personnel Process in the vibrant nigerian economy. Today a survey reveals that four in ten millennials have no Pensions Savings so let us know. Who or what will look after you in your old age . Just use the hashtag bbcbizlive. Sally, ill look after you in your old age. It will probably be a robot, he will do a betterjob of starting the programme than i did. We start in brussels where as youve been hearing European Union leaders begin a two day summit. Top of the agenda of Course Brexit after formal talks on the uks departure from the eu began this week. But there are different views around eu ....
Kayla tausche. Goldman sachs internet analyst. Great to have you back. Thanks. Along with our own mike santoli as we watch the dow tick above 19,000 for the first time. Yesterday, of course, all four major indexes hit closing and intraday highs. What does this all mean . The path of least resistance is higher . This is how the market trades literally when the paft path of least resistance is higher. Its drifting higher. I think that happens around round numbers. I look at dow 19,000, all the caveats about how its only 30 stocks, 1,000 points on the dow is literally not what it used to be. The most impressive thing was it was at 15,5 in february. We ft. First hit 18,000 at the end of december 2014. So over two years, youre up about 5. 5 , point to point. Why is that . Corporate earnings flattened out for two years, going on three years. Now youre getting more of an energetic push on this reflation period. Fund futures hit 100. 2 for december. Now the market is coming to grips with the f ....
It would be inconceivable that you would be forced to leave london. I would say to you if you are in london, and you are originate from the eu that youre welcome here. Anna very warm welcome to bloomberg daybreak gear. Our flagship show here in london. Let us talk about what we have seen in the banking stocks. Theerday, the focus was on banking sector. Investorsking many risk off in the asian section. The italian stocks are underperforming the rest of europe. Yousef a lovely charts here you can pull up on bloomberg. The brunt of the selling has been felt by rank stocks. Leastally vulnerable, at as a proxy to overall sentiment. We are seeing some of the fiveyear credit default widening against it to date highs. In the spread between italian and german 10 year paper as well. Anna we need to bear in mind the context. If you take the same spread between italy and germany, and go back to 2012, we are nowhere near those levels. We are not talking about levels we saw even in february. While t ....
Let us get to the state of the overall markets right now. Despite the dreadful attack in turkey, the markets are focusing elsewhere it seems. It seems amoment, relief rally we saw yesterday seems to be broadly intact. Let us have a look at that. We will have more on turkey later in the show. In terms with the market is doing right now, volatility has pulled back as the clock continues to tick on the brexit story. This is the s p 500 and the nikkei volatility indices, both taking down. Yesterday, slightly more risk entre in the market. Are we expecting too much, for a little bit too much in terms of what they can deliver in the wake of the brexit result . We will have a look at that as the weeks and months unfold. Looking at the risk radar, underlying we are in markets right now, the msci asiapacific bouncing very strongly, 1. 7 higher. It has now recovered almost half of what lost in friday, which is interesting. The gold price is also up. Do not be under the impression that everything ....