Above 3000. Some of the banks impressing investors. Kbw baking index up 06 . Schumberger down 1. 9 . Generationlow seeming to have investors spooked. Alliance data systems the worst performing on the s p 500. There is a little selling going on in that stock today. Lets go to europe, where we are seeing some challenges in italy. The ftse moved down 1. 7 , the worst performance in europe. The stoxx 600 is higher. It is up 0. 2 . Earnings in europe pretty strong all told. Italy with a little bit of turmoil. The euro as well little lower on that turmoil. The italian 10year yield at 1. 26 . We are seeing buying. Lets get insight on what is driving markets. Joining me is bloomberg macro recorder cameron crise. Did the Federal Reserve conversation change 180 degrees again in the last 24 hours . Cameron we thought so, and then not. It was kind of farcical. Yesterday, John Williams was talking about the advisability of going early and hard in terms when facedg campaign with a downturn when poli
Hello. Welcome to countdown. Im mark barton. Im anna edwards. Im manus cranny. His fate lies in the European Court of justice and his opinion on omt or outright monetary transaction. The ecb first introduced the concept in 2012. Enabling purchases of sovereign debt in secondary markets. They are considering whether they convene eu law. This meaning the court will deliver its opinion. The Court Opinion is nonbinding. If it goes against omt, mario draghi might wind his options on easing in the euro zone are narrower than ever. It is a big day for the ecb president. For more, hans nichols has traveled. You are back in berlin. This opinion really is quite important for him and the future of the eurozone. We will see. Good morning, manus. Hell put on his lawyers cap and sifting through this opinion. I suspect he will look for any guidance that may be construed that could be applied in and translated to quantitative easing. Restrictions. What sorts of limit would be placed potentially on Bon
Executive controversy at the New York Times. Julie hyman examines a new bloomberg poll on targets data breach. We begin with Phil Mattingly and the cyber spying charges against five chinese monetary officials. An escalation of what has been a years long running battle between the u. S. And china over economic espionage and Cyber Security issues, the u. S. Justice department by far took the largest step in this fight with direct ties to the liberation army. It charges are for economic espionage and the theft of tracy good. The u. S. Felt it did not have any other choice am a something underlined by the attorney general eric holder in his press conference today. When a foreign nation uses tools against an american exit american executive or corporation to retrieve specific information for this for the stateowned companies, we have to say enough is enough. A total of Six Companies were identified for monthly include Companies Like Westinghouse Electric and marcoux up the namebrand compani