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June 21, 2024
And the french government says it is honorable and they should get on to growth. Weve been having manufacturing pmi data out this morning from the likes of france, germany and italy all disappointing. 4 4 it was forecast at 50. 8 and its come in at 50. 6. So a little less than was expected. 50. 6 is that number. A fourmonth low with the manufacturing number and as far as the french numbers, too. Indeed. And that is contrasting to ireland. Slightly lower than the number did come in at 53. 8 marki...
June 21, 2024
Point trading range from top to bottom. Sglefr single trading day this year as youve said. Incredible were up 261 points. We should remind everybody in case you missed it this morning or some hugh a historic day. European central bank decides it will launch quantities taitz difference easing. Japan was first back in 2001. The u. S. Followed suit. Now its europes turn. The baton is being passed and markets are rewarding it. Say with us for a closing bell exclusive, david mckay in his first interv...
June 21, 2024
We anticipate paying out the load this year than last year. But with all of that said i think the core of the business remains strong. Hopes are raised of finding the black box recorder as recovery teams locate the planes tail under water. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. Lots of data coming out of europe today. The latest that has just broken is italys jobless rate which for november has hit 13. 4 . That picks up...
June 21, 2024
The man who led the country into the euro warnings a snap election could cause disaster. This scenario without controversies, without the social and economic disaster. Jamie dimons jpmorgan reportedly needs over 20 billion of Additional Capital to comply with new rules unveiled by the fed. But the bank says it is well capitalized and will deliver strong returns for shareholders. Youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. So, seema, t...
June 21, 2024
Their decision as they accuse the lender of not cooperating in their probe. Our position is always to cooperate. We have robustly responded to the allegations made against us and thats going through the courts. This is the next phase of that. Egyptian stocks hit new highs as they benefit from Lower Oil Prices. In the next hour he explains how the world views his country four years on from the arab spring. Civilized which is influential to its other neighbors. This is the new egypt. Indian stocks...
June 21, 2024
Artillery killing at least 13 people. Ukrainian forces have pulled back from airport terminals in donetsk. Violence has stepped up since to negotiations between ukraine and prorussian rebels broke down last week. Germanys foreign minister said there were tangible progress in new peace talks. A new twist in the wireless wars. Google is preparing to sell Wireless Service directly to consumers. A move that lead rivals to improve speeds and cut prices. Google has reached deals use the networks tmobi...
June 21, 2024
Split the ceo and chairman roles. Frederick keeps his job while Vice President steps in as chairman. Lets get out to one of our top stories today. Chinese stocks suffered the worst drop many more than six years led by the countrys three largest broke ages have been banned from opening new trading margins for three months. It follows a investigation into high risk activity. Joining us live from beijing on the latest. Hi. Thats right. It is driven by a crack down on margin trading here. The countr...
June 21, 2024
Seen in the dow just since yesterdays highs. We talked yesterday about the outside reversal we had and what that meant technically. Art cashin among others really focused on what this has looked like from a trading point of view even as people are arguing about the fundamentals and speaking of which, lets talk about a couple wacky things going on in this marnth. Ket. Well get you all angles covered. Why are mining stocks being routed . How come retail sales look so weak when gas prices are so lo...
June 21, 2024
Eastern time and mario draghi will hold a News Conference at 8 30 eastern time. The euro we saw 1. 5 yesterday. It bounced higher at 1162 and european stocks at least at this early hour they are relatively flat at this point the dow futures are up by 35 points. Nasdaq up by 3. The ecb is the talk of the down here in davos. Larry summers, and Goldman Sacks gary cowen all sitting on stage together. Expectations of a Bond Buying Program in europe already had an effect. She points to currency and wh...
June 21, 2024
Sachs leverage finance conference with a number of exclusive interviews, including the banks chief european economist and the cfo of europes telecom giant. Youre watching worldwide exchange, bringing you Business News from around the globe. And were just getting news out of italy. Rates came in at 12. 3 for all in july. It was 12. 6 and its expected to stay at 12. 6 . It came in lower than expected at 12. 3 . The youth Unemployment Rate hit a new record high of 44. 2 in august. So the overall ra...