Stay updated with breaking news from John strickland. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
it is time to catch up with all the business news in world business report. stories. how does a country survive without big banknotes? we ll find out when the indian government releases economic growth figures later today. and it s almost like a game of hide and seek. passengers involved in the disruptions of ba flights over the weekend desperately seeking their luggage, luggage. hello and welcome to world business report. i m susannah streeter. in a minute we ll take a snapshot of the chinese economy, but first, in a few hours time, the latest official statistics are expected to show that india has retained its crown as the fastest growing major economy in the world. economists are predicting that india expanded at an annual rate of 7.1% in the first three months of the year. now, this compares with growth of 6.9% for china. the resilience of the indian economy will come as welcome news to prime minister narendra modi, following the country s landmark demonetisat ....
the world. we will talk about that. what did draghi deliver yesterday? investors continue to ponder the meaning of the word taper, we will bring you plenty of analysis, aren t we, matt? matt: we can talk about it all morning long as far as i am concerned. let us take a look at how futures are trading right now. a bit of a mixed trade here. not much action but we did see a lot of action yesterday after that east the meeting. big gains, especially here in germany. not so much in england. we were still up, the ftse closed 0.5%, but here we were almost 2% on the dax. his morning, a bit of a quite start. watch. ll wait and maybe a busier session as we work our way through the day. big position trades. that, european equities, solid session yesterday. the spanish market up by over 2%. backs dax up by nearly 2%. the critical line for the dax more thane 11,000. a european markets, solid performance. we got the yen a little softer versus the dollar. we go continue to monitor t ....
what is a more normal rate? years.o motown s moving production north of the border. who is in the drivers seat when it comes to the auto sector? matt: happy new year. i have not seen you since. let us take a look at futures. we are up across the board. you can see the ftse futures are up about .5%. we have gained more than a quarter of a percent over in .aris on the cac and a third of a percent on the dac. looks like a positive week were equities. guy: i think that could relate to what i m about to show you on the gmm. the british pound is down by nearly a full percent. johnson-ferrohe cross rate. the dollar index up by 0.2%. keeping a firm i on what is happening with the potential candidates to replace janet yellen. i think that is coming on the a gender as we see a more hawkish stance being taken. we will talk about oil later. firmly in focus. here is the bloomberg first word news with juliette saly. agreede: mcdonald s has to sell 80% of its operations in china and h ....
will open skies stay open under president trump? us airline bosses take their grievances to the white house today. top of the list, their fast growing rivals from the gulf. plus hail to the tweeter in chief. could the president s love of twitter stop the rot for the struggling social network? welcome to world business report. some of you are going, what is he doing, it isn t even friday? i will tell you what, give me a minute and i will give you a snapshot of the world of business and money. we start in washington, where the bosses of america s top airlines and airports are due to meet president trump in the next few hours. there are some major issues on the table that could affect the global aviation industry. as we know from his inauguration speech, mr trump said he would follow two simple rules. buy american and hire american . that could mean a major boost for boeing. if he leans on us airlines to buy from them. but it s not as simple as that. european rival airb ....
overview on what we are expecting. the main asset class that are moving. he stoxx 600 gaining 1%. we re seeing bond investments from saudi arabia. stocks rallying and commodities rallying. this has to do with speculation that that the fed will remain acome tavet. let me bring over to my bloomberg terminal. this is the picture for the terminal. let me get rid of my messages. this is the picture for the c.p.i. harmonize. data comes out in half an hour. this is what mccartney will look at to see what he can or can t do in terms of cutting interest rates. it has an impact on our prices and the blue sideline prices. input prices significantly rising more than inflation so far. let s get straight to the first word news. barclays says investors should buy european equities regardless whether the federal reserve raises borrowing costs in the next three months. given the support from central banks from around the globe, the overall picture is very supportive of stock markets. ....