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Stocks declining for a second day. A slump in chinese equities in a , which is why we might see exacerbated moves. More dovish than expected Federal Reserve. We had the minutes yesterday. We are getting pmi edit europe, better than expected. Better than expected if you look at services. Manufacturing also that are than expected. Manufacturing also better than expected. We are looking at a pretty strong economy. Au will get to europe in second. Eurodollar currently 118. 45. Coming up, we speak to alexander stubb. Brexit talk to him about and the eurozone. In the meantime, lets get to the bloomberg first word news. Democratsmany social are ready to start talks with Angela Merkel. Totin schulz is prepared offer her limited support for a full term. It is said he could back her in a minority government but not but would not offer another grand coalition. Philip hammonds budget has ....
We will look at laserbased technology that can fight terrorism. Haul, low cost long wilner we generic succeed where others have failed will Norwegian Air succeed where others have failed . I will speak to that siemens ceo in frankfurt. I asked him about the failed bid. Serious were you about wanting to buy alstom . Were you trying to throw ge off . From the very beginning, i was very serious. Does that mean you seriously wanted to acquire alstom . We were considering all of our options. We took one step at a time. Outcome as ae the victory or were you disappointed . Looked very hard at it and we came back with a proposal. Deal with the train business still in play . No, i do not think so. It takes a lot of time to make a meaningful outcome. It takes a great partnership. The party is not willing to partner. A train deal is off the table for now. He thinks the bid was well worth his time. Make moreced ge to concessions. Ge is doing w ....
Class nosel noCC 01407 q north koreaNorth Korea 16, China 13, Takeshi 3, Washington 3, Iran 3, Tokyo 3, Korea 3, South Korea 3, Nhk 2, South China Sea 2, Japan 2, Australia 2, Sarkozy 2, Vietnam 2, North Carolina 2, Northern Kyushu 2, D. C. 2, Europe 2, Beijing 2, Philippines 1 Network NHK World Duration 00 31 00 Scanned in Philadelphia, PA, USA Language English Source Antenna Tuner Channel 35 Video Codec mpeg2video Audio Cocec ac3 Pixel width 704 Pixel height 480 Audio Visual sound, color ....
France Business Leaders get together to push a positive message of the economy ful. Quotes welcome to countdown everybody. 6 00 here in london. Speak to newsmakers from bmw would car world, cars as easy as a oneway bike trip. Is a big day for fiat. The king ofting spain. The European CentralBank Governor refrained from quantitative easing in the eurozone but pledged to reassess the situation early in the new year. With inflation at a fiveyear , will action come too late . Here is what he had to say. Maybe they will start doing qe, but it will be too little, too late. , i think this would be over two years. They also have the right fiscal policy because qe works in the u. S. And u. K. Because we have monetary stimulus and you have backloaded fiscal consolidation. , they call the slowdown, started doing fiscal tax incr ....
They revised september to the highest and leaving germany to a dire situation as we previously expected. What is everyone expecting . What the ecb is really doing and yesterday was such disappointment, draghi not bringing ahead the stimulus that had been wanted. Saying putting it off until these january two reassess the situation as to whether we need fullblown quantitative easing. Many feel he is just trying to get his ducks in a row and convince the rest that this is the course of action necessary. 1. 5 . Up more than clearly a lot of appetites out there. We are seeing the euro pretty much trading while flat. Oil continuing to trade lower at the moment. A full day of the klein on oil. Of course that continues to put pressure on prices. Lets have a look at the market for you. Maybe a little bit of arise in yields for the 10 year. Appetite to buy into debt by three basis points and spain as well. Appetite for risk once again being shown and bond buying. Also of course is this really be ....