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We are live from bloombergs European Headquarters. We are just getting some breaking news in terms of the euro pmi. It climbs to 51. German number, a little editor, french number, little weaker. The focus in the eurozone remains greece. The new finance minister began the European Tour with paris yesterday, seeking support. In a News Conference with his french counterpart, he suggested that his country is addicted to loans and needs to break its dependence. For more, lets go to hans nichols in berlin. Tell us more about what he had to say yesterday. He clearly wants to keep open that finance window through the ecb. That is so crucial. He indicated that withdrawal is going to be a difficult process. Have a listen. We have resembled a drug addict craving the next dose. Do i believe that we should be taking another pu ....
Weakness in those currencies are going to hit their sales. A realf a relief after selloff in the shares this year, trading higher today. Thank you. We will have plenty more from inditex shortly. Of a companyhe ceo coming up about 15 minutes from now. They said that improved underlying trading in the second half is what they are expecting, but they are seeing a lot of Foreign Exchange impact. From of these earnings another u. K. Company. Some 4. 8 . P down we have Corporate News and geopolitical tension. We have the u. K. Budget and we have janet yellen. Context for into us. I will give it a go. Futures are mixed or the mornings. It gains yesterday across europe. Today is going to be busy. Bank of england minutes, unemployment data, all dropping at 9 30 u. K. Time. Then you have the small measure of geopolitical risk as well that has not left the radar. Forward guidance is t ....
Lets check with caroline hyde. The markets are going to be looking at china. They are going to be looking at the United States as well. The chinese effect helping a little bit of green in the markets this one. Ftse up, spain getting a boost as well. The United States traded much higher. They have a bit of an influx, an appetite for risk on the back of the chinese news. Equivalent toan, 81 billion, is being pumped into the five biggest lenders. They are getting each 100 billion yuan. Instead of cutting the reserve ratio requirements, instead of cutting rates, this is an equivalent stimulus thomas so says goldman sachs. Worry about the chinese data . Spending over Retail Service have not been good. Investment has not been good. The central bank is reacting. I want to show you the reaction it had on commodities. Copper, look ....
Defying bad news, several chief executive officers bought their own companies’ stock last month. Here are four cases that caught my eye. Skyworks Solutions CEO Liam Griffin spent just over $1 million to buy 11,142 shares at Skyworks Solutions Inc. (SWKS). That brings his total holding to 153,431 shares, worth ....
By Dean Seal The interim chief executive officer of Acacia Research will stay in the position permanently. The New York-based company said Martin McNulty Jr.. ....