And more evidence that were not in the 20th century anymore, toto. Esports coming to cable. Why competitive video gaming could be the next frontier in the new world. Now cocacola is stoning production in venezuela because of a shortage of sugar. Wheel talk with a global economist about the impact this could have across latin america. Some of the stocks including homebuilders. Mary tom sn is on the floor with the details. Mary . Hey, there, bill. Markets rallying on the back of a strong gain in europe. Then we have the housing data. Theres also a bit of a short squeeze going on. Volume is not that great. Ill tell you whats great. The action on the back of the positive data for the april housing. We have Toll Brothers right now with better than expected numbers. Its stock trading at 29. 30. To the right you see the others, pulte homes and others. The home numbers have given a lift to some of the suppliers of the housing industry as well as the appliance makers and other makers like whirl
A referendum on key issues from the west. Translator i swear to god that this is not possible. A political Life Experience tells us that the country cannot have sustained growth in isolation. And a stock on the move. Shares in bmw sink to the bottom of the stoxx 600 after the german carmaker confirms to pay subsidies to those who suffered losses last year. Happy new year to all the viewers returning from holiday to join us on Worldwide Exchange. Wilfred, happy new year to you as well. You are like five days late but how was your holiday off . I hope it was much enjoyed. It was wonderful being back in the u. S. And spending a few days in berlin learning history to get to know more on whats taking place in europe. I learned how people will invest in the new year. Dont pretend, you went there for a fun new years trip. Yes, but i also have my journalist hat on to understand what is going to happen this year. Europe is a big focal point and some investors expect them to outperform u. S. Sto
Dynamic growth despite low sales in china. And shares rise as profits jump 21 . The ceo of infosys says beating some stability. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. And a very good morning to you, last trading day of the week. Jobs tri friday. Ahead of that, equities are firmer here. Advancers outpacing decliners. The ftse 100 yesterday was down some 30 points. This morning, its up some 30 points. Essentially, its still absolutely flat on the year. 0. 5 higher. Xetra dax and cac 40 also 0. 5 . The ftse mib is 0. 2 higher. This morning, lufthansa is up 5. 74 . Its predicting oil prices will decline. Meanwhile, swatch shares are up 4 despite full year sales just missing expectations. Its talking about Dynamic Growth next year and this year despike weakness falling in the chinese market. Orange is up 11 . Reports suggest both do you have ya telecom and at t are interested in taking over the firm this year. Now cara in germany, in f
Figures for the euro dollar coming in at 1. 2688. There are a few Trading Economics out there coming in. The dow jones had it at 1. 5. Euro dollar is at 1. 2688 up ten points. It moved fractionally lower off that data, but we expected slightly lower Business Sentiment. The recent string of Economic Data is weaker than expected data out of germany. Trade data, industrial production, factory orders have a Sentiment Report coming in weaker than expected. Putting into question germanys growth strategy. The euro very dollar trading at 1. 2693. This is the sixth fall in terms of the sixth month in a row of falling expectations. Were also getting the m3 data. How does that look . Thats come in at plus 2. 5 for september. The previous reading in august was plus 2 . So m3 has just ticked up a little more than expected. Of course, such a crucial gauger to know whether theres more lending where the money supply is reaching further down the system following the Central Banks expansion. It was fore
This is todays edition of worldwide exchange. Im ross westgate. Im kelly evans. These are your headlines from around the world the bulls are on the run. The dow hits an alltime high 164,286, surpassing the 2007 record. Telecom lead the beltway in europe with vodafone up more than 5 on report it could be eyeing a full merger with or sale to wireless giant verizon. Venezuela mourns the death of president hugo chavez as the rest of the world eyes the future of the countrys leadership and its vast oil reserves. One hour into the trading day in europe, fresh record highs on the dow. European stocks are looking for a softer start as you see. Were weighted to the upside 73. Advancers outpace decliners on the dow jones 600. Trading at multiyear highs and pushing higher this morning. The ftse 6,448. Consolidated the move, up. 25 as you see. Looking ahead to the bank of england tomorrow. Xetera dax up nearly 1 . The ibex up. Had . The. 4 , the mib up. 1 . As far as bond markets, interesting move