steaming? i look forward to hearing from you. that is coming up. and here is the news. tens water is holding urgent talks today to secure extra funding thames water. the government says supplies will not be affected if it collapses. the court of appeal are set to rule today on a challenge to the government plan to deport migrants to rwanda. at least 150 people have now been arrested across france after protests over the killing of a 17 year old boy by a police officer. the teenager was shot in a traffic stop in a paris suburb on tuesday. the committee which found boris johnson repeatedly lied to parliament over downing street party is in lockdown will publish another report today about how it believes the findings were undermined. it is expected to name certain mps and peers. i have hints of some of the anger from you about your water from a couple of callers we took in mp5 panel yesterday. if you feel you want to howl at the moon, we are hear from you, want to howl at the
Slapping tariffs of 106 on imported aluminum foil. Beijing has hinted at a response. Li na the markets in the u. S. Tumbled today in reaction to the fed chairman jay powells testimony today. But if you look at several pieces of data, indicators and a buy signal relative to other markets in the u. S. G btv 672 which shows you the breadth of the market. Still of s p70 stocks are trading above their 200 day moving average. If you look over into europe, for instance, where you and i talked to a lot of investors, there is a lot of value in europe. Only 59 of stocks on the euro, the stoxx 600 index are trading above their 200 day moving average. , itn that smaller breath goes to show the european markets or others outside the u. S. Still have a bit of work to do before they flash a buy signal. Yvonne a great chart there. Given the turbulence we did see in february, were seeing more of a bounce back and the like the u. S. Compared to europe and asia. The breadth of the market in china not a s
Youre watching Worldwide Exchange, bringing you Business News from around the globe. Warm welcome to todays edition of Worldwide Exchange. Plenty to get through. We start off with perhaps europes most important economic indicator. Its come in 10. 4 in may, below the consensus number which was 110. 9. Current conditions index, 114. 8. The Consensus Forecast was 114. 5. The german expectations index, 106. 2 in may. The Consensus Forecast, 106. 6. The april number was 111. 2. We have dipped down from that. A lull theyre talking about seeing in the German Economy in may, no revisions to the april indices. Euros been weaker ahead of this number and indeed it is ticking down again. Down to 136. 36 is where we stand at the moment. We are at fresh 2 1 2month lows on euro dollar on this lull. Joining us is christian schultz, senior economist at beringburg bank. Your reaction to this . The pmis yesterday paint maybe a slightly different picture. Both indices show the German Economy is growing at
Hello. Welcome to todays edition of worldwide exchange. Fourth quarter data for germany and france comes in below expectations. And japans recession drags on. The boj shrinks for a tlird quarter. This year will be as challenging as 2012 after seeing sales growth less than expected in the Fourth Quarter. The ceo tells cnbc, europe remains a drag. Europe is depressed. Its going to take time. To solve it in part of europe is hard hit as its going to take longer. And a mega merger is cleared for takeoff. Reports say the boards at amr and us airways sign off on their 11 billion deal to create the worlds Biggest Airline. Announcer youre watching worldwide exchange, bringing you Business News from around the world. All right. Youre wearing an appropriate valentines day shirt. I am. I tried. Theres a little bit of pink if we look at your tie very closely. If you want to know whats happening in the markets today, hold on, ubs, the valentines day gdps massacre. Yes. Because if you look at when i