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Decision. The bank of england is delivering that later today. No change expected to raise there either. We are watching lafargeholcim, the worlds biggest cement maker. It has been under a lot of pressure. Cement, we gotg running from them as well. With lafargeholcim what we saw profit actually fell in 2015. It is expected to grow in 2016. Some slowdown in emerging markets led that slowdown last year. Heidelberg is heading higher. Were still waiting for the open. Fthansa to guy thank you very much indeed. Another stock to watch this morning, gsk, it is opening higher as well. I will take you to the imap. Energy stocks are leading the charge and we are up by 1. 4 percent. We are rotating towards materials and financials. We thought rotation out of that yesterday and that continues today, which is interesting. We are watching what is happening with gsk. Now, lets talk about the fed, striking a dovish tone. Took down the policy rate hike concerns. Global and economic financial developments ....
Welcome to countdown. I am guy johnson. Friday, a little bit of a disappointment. We saw the payroll number come through significantly lower than the market was anticipating. The credibility of the fed beginning to be called into question. It was an interesting question in terms of the equity market positioning. To backes the fed have off of a rate rise this year . Story withe stock the s p 500 up by 1. 43 . The nasdaq was up 1. 74 . You may be thinking this is farming today. There is a certain agricultural theme running through our big stories. You heard what is happening with glencore. Glencore is on a roll this morning. If youre looking for a stock with volatility, this is it. It was up at one point over 40 . Bunch ofn for that, a companies that could potentially be interested in taking a stake in the agricultural unit. We will hear more from ryan in just a moment. Storyo have the cayenne s. Something of an agricultural theme running through that story. The glencore story is absolut ....