some trading restrictions put on the market three days ago. we had a situation already where sentiment has been weakening since about mid january on the lack of stimulus measures by the government. so after the last inflation numbers, so we could have an overreaction, but then again the trading restrictions being what they are right now it s very hard to play out the numbers especially with ten days of holidays coming up after tomorrow. days of holidays coming up after tomorrow. , ., ., after tomorrow. yes. so what do ou think after tomorrow. yes. so what do you think the after tomorrow. yes. so what do you think the reaction after tomorrow. yes. so what do you think the reaction from - after tomorrow. yes. so what do you think the reaction from the l you think the reaction from the chinese government is going to be then to these numbers that are worst than expected? i think because of the holiday period, they may be buying themselves a few days to think about what to do
its goal of cutting 7.5 billion by the end of this fiscal year. pressure mounts from an activist who has been critical of the company including its disappointing stats at the box office. the company also narrowed its losses specifically in streaming. disney plus increased prices this fall. the they lost subscribers over that. but because each subscriber is paying more for the service, the average revenue per user went up. disney plus is streaming offerings including espn+. the focus of a lot of attention this week. the company announced earlier this week it s partnering with fox and warner bros to launch a new sports streaming this year and ceo said wednesday that the company is taking a $1.5 billion stake in epic games as disney s big move in the game space yet. another focus of attention, disney and politics again after a very public multi year spat with and law suit against florida governor ron desantis who accused the company of being liberal and progressive. actor gina c
Surveillence. Is a look at european stocks. Theyre getting the most in two weeks. Its a little bit better than our preliminary estimate. We see the German Economy powering through overall. We also saw some unemployment figures that beat estimates. Commodities extending a little bit of a record run. Eurodollar, a lot of focus on the currency today. Yield is atyear 1. 95. This is a we have coming up on surveillance. We will hearing from john chen. 10 00, we will be joined by Stephen Michael smith. Cklowsmith. A they will be seeking to joshua green. Will be speaking to joshua green. Onto nejra cehic. Officials debated the risk to american outlook last month with some concerns about inflation and robust growth. The minutes of the meeting show most participants reiterated support for, quote, continuing a gradual approach for raising the target rate. In three moreiled hikes for 2018. In the United States, the worst storm of the winter season has knocked out power to thousands of homes and bu
Manus welcome to i am manus cranny. Welcome to the pulse. I am manus cranny. The story of day from the asia. The president of toshiba along with two other executives, their resignation and their formal News Conference and this was a 1. 2 billion scandal restating their earnings over the past six years, unrealistic led to what is a systemic flawed accounting process, challenging the culture within japan. Probably one of the single most important issues that will be addressed here which is so much power for people as of the top and no way for anybody to really challenge the toshiba accounting methods. Everything from Nuclear Reactors and ships. A is now falling on hisao tanaka the president. If we have any headlines, we will bring them to you. Our top story and that is commodities. Bloomberg commodities index dropped to a 13 year low yesterday. Right . Ryan you have to go back to 2002 to see Commodity Prices where they are now. A fiveyear low. 2012 when we had the darkest days of the eur
Activity, a lot of speculation that has been going on. In the past few moments as we have been talking about, there was a report from cbc that disney and 21st century fox held talks for disney to take over some of foxs various networks. Not a fox news or business channel, but the Cable Networks like fx, for example the two sides. No longer in talks. We definitely saw some stock reaction. Disney spiking and coming back down, bouncing around as people try to figure out what to make of all of this. 21st century fox was actually trading at a 52week low, it had touched that around midday. It obviously turned a layup and is now trading higher at about 6 . Its not just the two individual stocks where we are seeing the reaction, we are seeing it among this Ripple Effect. There is a lot of turmoil within the cable industry, people cutting cords, the rise and surge of streaming services. Perhaps there will be some kind of consolidation. The other player we have to show strengthenedould a combine