Chinese equities are definitely leading the game. You can see one of the main gauges gaining 2 . We have a little bit of dollar weakness. Pmi isr manufacturing beating estimates. 60. 6. We were in line with expectations. Check out any kind of movement in europe. Look at the german bonds. Coming up up at 11 a. M. London time. The present we going to his outlook for the rest of the year. That includes china but also iran. Midday, the former u. S. Treasury secretary joins us. Towill also be speaking microsoft. Lets get to the bloomberg first word news. In iran, the death toll has climbed. 20 people may not die to the demonstrations. In a rare share of displeasure with public leaders. The iraniandefended peoples right to demonstrate. Penceice president mike will visit each of this month. The confirmation came after israeli Prime Minister said its included in the schedule. Its feeling that speculation. Hence had plans to meet with egypts president. The visit was postponed until this month.
Welcome to countdown. Obama says he is ready to walk away from a nuclear deal with iran if it does not meet his conditions. We will bring you the latest on the talks. Plus the reaction in tel aviv. Lets start with europe. Stimulus and greece. Mario draghi launches his fight against inflation in the eurozone with an Unprecedented Program of qe. The ecb begins its Asset Purchase Program amounting to 60 billion euros a month. The greek finance minister said if the countrys creditors make requests that are not acceptable to the government the greek people might be asked to decide on how to break the deadlock. The Prime Minister signaled the referendum option could be on the table. Lets bring in david powell. He joins us bright and early this monday morning. Good morning to you, david. Lets talk about the start of qe. We have been talking about it for years, it seems. Other Central Banks enacted it years ago. Can it live up to expectations . We saw the reaction in the markets after the anno
Is off today. Euro area pmi coming in at 54. 2. Slightly below the estimate. But i think within the plus and minus pmi, rising to 54. 1. I check on the light side. Not too excited about that. Eurodollar is softening a fraction. It is still sub 110. On change. Softening a bit. As the data his of the screen. A fraction negative. As the data hits the screen. Lets get more from hans nichols. He joins us from our land. The number is soft. He joins us from berlin. Hans that is the point. It is expanding. It is lower than what was expected. You look at the spain number and it was 57. 3 up from 56. 2 in february. We may hear about diverted economies. Growth in spain and italy. And people will take a very close look at the numbers in greece and whether you are you can accept these other points and whether or not greece is swept excuse me, slipped into reception recession. Our tax receipts were way down in a january and february. They have seen capital flee the country. 25 billion euros in the f
Rescue teams are searching into the night to try to locate Iranian President Ebrahim Raisi after his helicopter crashed on his way back from a visit to the country’s northwest. There was dense fog in the region, making conditions difficult for search teams, state media said, without giving a direct cause for the incident on Sunday. Iran’s government spokesman, Ali Bahadori Jahromi, said late .