The question is where next. Janet faces her semi annual grilling by lawmakers. Ceo garyormer saks cohn is the top person to take her job. While it has risen sharply, hedgings have been their bets. What are we expecting . Look at european futures. We have gains across the board. Up 0. 4 . Far more interesting is looking at on yields, especially considering what we have ahead or bank of canada. Take a look at 83 j chart of the german bund. A threeday chart of the german bund. We have seen moves like this recently. Spike toe saw a bigger read right now, looking at the 10 gain. Investors feel comfortable selling off the perceived safety of German Government debt. In terms of the risk sentiment, that is interesting. Basis points, that does not sell like a big move, but in terms of real money, that is a significant move. In terms of the gmm, lets look at what is happening. The upside for the turkish market. The Australian Market down. The brazilian market, overnight, gaining as well. Toeer v
Has a new goal insight as it remains at with creditors. It needs to come up with a reform plan its creditors can agree on. Guy for more, we are joined from greece by our international correspondent, hans nichols in berlin. A reporter who normally is in greece, but ive got this completely wrong he is in london with us today, which is great. Hans, walk us through the roadmap to may. Hans in many ways theres a lot of talk about deadlines. The European Commission is saying that midmay after that may 11 meeting, is the real deadline. Mr. Dice alone heads they he may have said it best when he said the real deadline is when greece runs out of money. We got 80 million coming due today. Later in may, dont forget that may 1 payment. A lot of focus is on the may 12 payment. That is to the imf. There are another 200 due on may 1. Mr. Dijsselbloem seems to be the most negative. He says they are still far apart. Take a listen and have a sense of how many people are talking about isolation and contag
Americans hit the stores in search of steals and deals on black thursday. And hands off our week, shares plummet after australias mitland say its just not in the nations interest. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. A warm welcome to the last Worldwide Exchange of the month. Standard poors cut its longterm Credit Rating for the neglect netherlands from aa plus from aaa. Speaking earlier, the dutch finance minister gave his reaction. I take these ratings seriously because the markets take them seriously. As i said, growth expectations for the netherlands are the same that we have ourselves on which we base our budget and it just confirms the need for us to push forward some of these reforms so we can get bigger and better growth figures. Of course, you know, the other two rating agencies have only recently confirmed the aaa status for the netherlands and now s p has downgraded us to aa plus. Im disappointed by that fact. S p, th
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