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The iso. France is up by 3 10 of a percent this morning. Lets have a look at a fax fx the pound is trading higher. Clearly some anticipation we will see tones of potential rate rises. The euro is spikes higher on the back of data. German orders are better than anticipated, up 2 . We saw the euro come off lower. Employment surprised me the aussie dollar came back down. We are seeing unexpected jumps in unemployment. We are not sure if there will be cuts in the Interest Rate and the australian central bank. Yield spiking higher in britain, ahead of the super thursday. Will we see a split . Spain and france go to the debt market, selling bonds, deals coming lower on both. Lets have a look at some of the equities. Still coming thick and fast. Could we see a merger in a u. S. Company, looking at merging with oci. Rio tinto is up 1. 21 . Profit down 43 , but it was a beat. Munich re is raising the profit with a net income over one billio ....
Francine welcome to the pulse or call the pulse. Super thursday has been dubbed the thursday of the year. The bank of england is said to publish a slew of data. The boe decision minute of it meeting are being released at lunchtime as the governor mark carney works to improve transparency. In this torrent of data, how many members are we expecting to call for an Interest Rate hike . That is the big question. The majority of economists do expect a split in the vote. There are nine members. 19 of the 20 economists surveyed by bloomberg expect if it expect a split. More than half expect to members to vote for decision. We have seen some vote for tighter policy, they dropped that in january when they all inflation fall. They will be closely watching to see of any others vote. Francine the strength of the currency is also compensating things for the governor. Absolutely. This is a tight rope he will have to walk as he delivers his press ....
It is the first interview on bloomberg and we will talk about that story. Lets talk about the story and get news with caroline hyde. Caroline Federal Reserve chair janet yellen said that while the rate hike may be delayed by the turmoil in market, she will not abandon the program. Making the twice silly address, she said recent volatility has tightened financial conditions and could weigh on the economic outlook. Levels not seen since before the bank of japan surprise monetary easing back in late 2014. N 8 monthbed two and 8 high. Whohedge fund manager successfully bet against mortgages during the subprime crisis. Thinks the worlds secondbiggest economy may have to print more than 10 trillion yuan. The ceo of frances secondbiggest bank thinks markets are overreacting. He told bloomberg that the current climate is nowhere near as bad as 2000 an8s crisis. This is that its too low we has nothing to do with what we saw in 2008. The < ....
Live from bloombergs european headquarters. Im Francine Francine lacqua appeared less into the markets. Lets check in on these equity markets. There is quite a lot of red. We are seeing from a lot of these investors telling us there is risk off of move. The selloff that drove stocks to a twoyear low is back on. Each of the stocks from the euro 600 down. This follows declines in asia. How much investors want to take some of those risks. Financial markets seem to be repricing Global Growth slowdown. Lets get on the second board. This is the price for gold. You can see gold advancing quite a bit here the bank is down 6 . If you look the price of oil. It has been fluctuating a little bit currently. If we have that up for you, it let me get it up for you. It is the one we are watching. It was gaining a little bit earlier. Whetherainst the main opec and nonopec will come together ....