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tous: you re welcome countdown. anna: breaking news. manus: let s get into it. miss.ue, it is a 13 billion euros, the market was looking for 13.2. formarket was looking less, almost doubled a negative number the market was looking for on organic volume. china, the market their declining by 3% or 4% stop eastern europe is an important part of that story. eastern europe is under pressure. contracts, eastern europe has declined by mid-single-digit percentages. the western beer market is flat. deutsche first quarter beating estimates, revenue that was missing those estimates. they have confirmed their full-year view. the 2013-20 operating profit target. interesting to see how this business is managing to cope with a boom in parcel delivery because of online retailing and how that is offsetting any declined in their letter delivery business. dominant male carrier in germany that is increase their postage prices at the beginning of the year. internet, they also own the dhl ....
day. this is about central banks. we are learning about china and we re talking about the pound. tom: it is an interesting economic day. great series of smart guests to give us depth. i would notice are the headlines just out of microsoft. you have the hewlett-packard headlines yesterday of the split up of the split up if you will on hp q and now you have microsoft out with a 1% severance or layoff or job cuts. i like job cuts on the bloomberg banner. 1850 out the door. shows the door of the real economy around the economic data. let me guess, we will also talk about brexit? francine: surprise. [laughter] francine: it is a month away. we may talk about it for the next three years. the imf has backed off and greece will get its next round of financial aid. it will allow the relief of more than $11 billion and they will take steps to ease the burden of the countries $58 billion in debt. they stood down after originally insisting that the program did not offer a path to fi ....
this is the first declined so far this week. six of 10 major indices were lower, financials and cyclical groups were the worst. we started lower and did not close in the green, but finishing well off the lows to continue this trend of a bid supporting the markets. alix: materials and banks were the two were sectors. take a look at what happened to them today. it was a brutal morning, near a 10 month high, kicked down, and claude back to neutral. back to neutral. you had that great treasury rally that put pressure on financials. joe: you are never going to onieve this, but yields government debt are lower once again today. there is the 10 year yield. every day. this is my favorite part of the day when i announced the new lower yields. falling below 1.7% for 10 year yields today. grinding lower there. same in the u.k., brand-new low there. , but we can get more of them tomorrow. scarlet: take a look at the dollar recovering, but not against the kiwi. the kiwi the stronges ....
need to start looking at the implications of a possible brexit. tom: we are going to touch on that. i want to say thank you to all the people who e-mailed in about the new wants we gave to all the data checks. it is that kind of thursday and friday. francine: it all goes back to negative rates and the limits of monetary policy. let s get to the bloomberg first word news. president obama made it official. he has formally endorsed hillary clinton to succeed him in the white house. nbc sinterview on tonight show, he spoke. the main role on going to be playing in this process is to remind the american people that this is a serious job. this is not reality tv. i ve seen the decisions that have to be made and the work that has to be done. president obama will campaign with hillary clinton next week. teams hunting for the missing malaysia airliner will inspect debris. debris may be spread out over 6200 miles. that plane disappeared more than two years ago. brexit would ....
systems, bringing it a new chief executive. a month ago, didi received $1 billion investment in apple, now $600 million. investors are waiting on the fed, the boj, the bank of england. taiwana, singapore, and start off their trading week. it is a central bank waiting game this week. a bit ofeing quite trepidation ahead of those key policy meetings. malaysia, singapore, and taiwan joining in the selling. we are still seeing significant weakness from korea, japan, and new zealand. australia closed for the queen s birthday holiday. is leading the losses in the region. now at one-month lows. all of this trepidation has seen a big surge in the, so stocks under pressure, weakness and commodity prices weighing on materials and energy players. out of the 225 stocks on that index, only two are in the black this morning. korea down by 1.5%, and new zealand off by .5%. futures are suggesting weakness from china and hong kong when they open at the bottom of the hour. a big week ....