Manus if you so some of the biggest deals in the world. 29. 48e comes in at billion euros. 24 pointate was that 29. 5. Adjusted there for the company. The estimate was for 5. 75. They say they have and adjusting error. Anna i wonder how concerned they are about the Global Growth outlook. Somewhere about what happened to the dollar as a result of the fed. We got a nice chart of the dollar diving on the back of the feds meeting. Manus that is quite a genetic move. Anna the lowest in almost five months. A piece on the bloomberg which is about all kinds of insights. His background that we all know. He says low inflation in the u. S. Is it lack of a will to . It and not a lack of tools. You can go to dots go. The positioning of the dollar is interesting because the market was already the least bullish on the dollar since 2014. This wonderful piece is this is a battle of the fed prognosticators. Yet to bet on the dollar, not the treasury. You have to bet on the dollar, not the treasury. Bill
Economic data. We have the Business Climate index falling to 108. 5 points in the month of may. That is versus a reuters consensus photograph for 108. 3. So slightly higher than expected. Its still a drop for the month of april. Thats when we saw 108. 6. A bit of a move in the euro hitting the days high. Lets look at the other data coming out, thats 103 in the month of may versus a consensus photograph of 103. 1. Thats shy of forecasts but the headline index is better than expected. We did have the index earlier this week some what disappointing. The pmi leveling off. Is this a sign of germany cooling off or seasonal factors in play . Overnight the German Finance Ministry came out and said were still expecting growth to pick up for the remainder of the year and they still have more than 1. 5 . Lets get to annetta who is live. Thank it away. Well thank you very much. Of course growth and unemployment and inflation are the big topics here and im joined by the chief economist at icd. Was