I amrkham to countdown, mark barton. Stay with us. It is 7 30 london time. Cityll be talking to the the ceo of a smartphone app. Then we are joined by brazils ambassador to the u. K. As his country prepares to take on columbia for a place in the world cup semi finals. Change in the European Central bank. Is it a historic moment or is the ecb catching up with its peers . Covered the conference yesterday. He told us what to make of the move. I go with historic. It is about transparency, shaking up the methodology of communication. The art of communication. How often we hear from them. Im going to go to every six weeks, mark. That is because mario draghi wants to break the markets are racing towards markets move ahead of every meeting. Break that expectation. I setally thought that up and went, interesting. He wants to break the psychology of market. Is that what carney is doing with him i am raising, i am not raising. He is shaking it up. Ecb werd that the will have dry runs, whether it
Gains. Keep in mind, on friday, a lot of these markets attracted quite a bit of foreign money. Taiwan for example, this one is up about 0. 5 . 272 million, taking the week total to about 1. 4 billion. ,ottom three percentagewise fairly heavily weighted. In 1. 6 billion last week. We are going to see a little bit of reaction from the boj announcement. Also commodities, you have the dollar higher. Very complex. Aussie dollar, where are we right now . Second day of sharp the kleins. 87. 23. 87, basically. Have, manufacturing, pmi over the weekend, little bit of a slowdown. Still an expansion. We will get more details on that in just a moment. 99, 102. Int we were we are a little off that right now. Where are we as far as the yen is concerned . That takes us back, all the way back. I have to go out of the camera. This is december of 2007. After that, the yen strengthens from 115 to about 76 over the course of five years. During that time, a lot of japanese corporates moved overseas. Here w
Lets get Stephen Engle invasion. What are they saying this time . It is coming in below the previous month for october. This is the services pmi which includes banking, telecommunications, and property, coming in at 53. 8. The previous month was 54. Me extrapolate this out previous month, 54. 4. This is the weakest since january. 52. 8 for the services pmi. Obviously the property weakness is hurting the sentiment in this sector, despite the fact that authorities on a nationwide level have relaxed some of the property curbs. It is going to take some time to filter in. Another sign of continued slowing pace of growth for the chinese economy. Also manufacturing pmi out today in about 45 minutes. What are we expecting . This is the hsbc and the market surveys. I want to make one more note on the services pmi. 53. 8 is still an extension. Anything above 50 is an expansion. The number is decreasing, the lowest number since january. On saturday, manufacturing, we got the number for the offici
Everything that the bank of mpedand does is being tru in japan equitys. That moment of deposit when you thought the machine would not work at the equity markets are opening up. Weresense in the market weve gone so far and so fast on the equity markets in terms of revival that it is time to take irontle bit of a positive ore is at its lowest in five years. Tinto down 1. 3 , 1 . Oamerican down the dollar is still pacing ahead. We are down 4 10 of 1 . Numbers, weheir will go through those. Have both beens reporting on the slate today. I picked up a couple of german names it delivered. Adidas delivered. Quarter. Ncome for the Running Shoes and soccer. Football. I dont know why people call it soccer. Very american. Soccer and Running Shoes do well. Socgen down 3 , we spoke to them earlier today and he says he theyt need the easing, have done a lot and reiterates the focus is on organic growth. Bank, a love and. 98, mr. Blasi must be me. This is where a lot of the banks had to make all of th
Authorized to fly in this area. Nofly restrictions and they said it was not a designated war zone. It was a billing boeing 777 wide body. It was designed to bring down military aircraft, cruise missiles. Comments from the Ukrainian Ambassador to the u. N. Insurgentsd russian talking about a plane they shot down. Reaction was that they reported to moscow that they shot down a military airplane. Then when they got to ground, they made a second call informing them that it was a civil one. The Un Security Council meeting today at 10 00 a. M. Local time, an emergency meeting to discuss what is needed. There are blogs and tweets about this. I just heard what you have the investor saying there about rebels being in touch with moscow. We have also had tweets apparently in certain things were actually released on social media when they found out it was a passenger plane. Comments were removed. They were released by the prorussian insurgents. Thats overall the latest, if you like, on that. Then