Forecasts and comes in below expectations. And theres a vitamin boost for dsm shares as the Nutrition Business performs well the ceo says he expects more of the same in 2018 we expect to deliver above the target set, growth above the market, further Financial Results and capital efficiency. And police in johannesburg are targeting zuma acquaintances and the family fullyear 2017 gdp rises for italy 1. 4 , 1. 5 workday adjusted those are the italian gdp numbers coming out this morning. A bit of an improvement, for the quarter up 0. 3 against a consensus of 0. 4 and matches the yearonyear percentage of 1. 6 you can see there very Little Movement in the italian bonds. Talking about the european equities, the stoxx 600 is trading in positive territory. The stoxx 600 up 0. 9 . If we look at specific sectors that are driving, you can see that specifically there the massive changes across the euro 600 up 0. 4 . Theres been a lot of movement in the financials. Credit suisse posted its third con
U. S. Equity futures at this hour have been a bit weak in the for the morning. You know what . Just the dow futures. That might have something to do with what becky is going to tell you about. The s p is actually up a point. The nasdaq is up about four. The nasdaq had some rough sledding lately. The dow is the index down today. Down about 21 points. Crude prices coming off a loss of about 5 . Wti posting the lowest close since november. Joe, i ae lewd eluded to it. Its sitting there at one price, then a totally different price. You think it has to do with the world we live in now . Absolutely. At 11 20 p. M. , oil is trading 45. 25 and the next hour 43. 76. How does that happen . Were the world is chasing alpha, when the quantitative models see an opportunity, which they see in oil, thats where all the activity is. It wasnt an overweight trader with fat fingers . No, and not pure fundamentals. Fundamentals are deteriorating for oil. It is seeing the opportunity, lowvol world. You go ar
Andrew wilson from Goldman Sachs asset management, we get his call for the coming year. Fx head of global strategy. First things first, we are getting a little data from Euro Area Services pmi falling 53. 1. A little less than analysts forecast. Manufacturing rising more than expected. This is the picture of euro markets. Vix. W you fix because a lot of people saying we dont know much. Brought up the bloomberg dollar index. Eurodollar one. 1. 05. Here iss sebastian. The japanese president hopes for a breakthrough over a seven decade territorial dispute. The soviet Union Invaded the islands at the end of world war ii, expected to top the agenda at the meeting in southwest japan. The meeting will head to tokyo for talks on Economic Cooperation. New york may be the winner from any brexitdriven activity from the Financial Services of london. The house of Lords Eu Committee reports unless negotiations on both sides are pragmatic, jobs could go to wall street rather than paris and frankfurt,
O Deutsche Bank. Good morning. We are counting you down to the European Equity market open. We are 30 minutes away. Let me tell you that at the moment, wei is telling me it will be a negative start to the day. 50 is down by. 5 . The dax will be opening down. 5 . Lets talk about what is happening around the world. The turkish lira is down by. 9 . The the equity mark iet in turkey is also being pummeled. We have switched this to the g20 to capture all of this. China and japan are having a that they on equity front. But the real story is what is happening here with the turkish markets. Lets also talk about oil, a big theme today. After fridays massive drop, it is not bouncing back much. It has bounced back and little bit, but not enough to show up on my gmm. Here is the bloomberg first word news with Christine Harvey. Christine thank you. Oil has edghed higher as saudi arabias offered to cut output opens the door to a future opec deal. They do not expect an agreement this week when member
Welcom welcome major news breaking in technology today. A Landmark Partnership to develop apps and Business Software for use by corporate employees on iphones and ipads. Both stocks moving higher in early post market trading. Well have more on this once unthinkable deal in just a moment. We begin tonight with after the bell earnings from two tech bellwethers, intel and yahoo. First up the computer chip maker intel. It reported better than expected revenues and earnings, net profit up nearly 3 billion on Strong Demand for personal computers and the chips inside them. Excludeing certain items, intel pulled down 55 cents a share, thats three cents better than analysts estimates. Revenue nearly 14 billion topped the forecast. Shares of the dow component rose as much as 3 in after hours trading. Seema mody join us us from the nasdaq marketplace with more on the results. Seema, when what is the take away from intel . Tyler, investors are talking about showing signs of growth in an industry t