He is set within his own party. Lets get to our top headlines. Vonnie thank you so much. If he dissolves the government and calls for new elections, he is taking a whip count and chinas economy is rattling believes he can come back after local markets. The election with a stronger factories posted there worst mandate. Been attempted before data since the financial crisis. And it has failed before. Thats why hes in power now. Chinese stocks have almost wiped vonnie he is daring people. Out gains from government primen this is the rescue. They lost 5 . Ministers way of dropping the europe is down as well and u. S. Mike. Tom weve got earnings out on stocks are coming off their john deere. Worst day in 18 months. We will look at that. Vonnie the thirdquarter oil is heading for it a straight weekly drop. Earnings estimate was 144 and greece, the Prime Minister a they came in at 153. Use new elections to consolidate Equipment Sales were down 24 . Power and get rid of consenting for fiscal 20
This is bloomberg surveillance. Im mark barton in london. Thatme to have a sip of because we have an acceleration to the fastest pace this year, adding to evidence that growth is becoming more resilient. The pmi index, the composition index, rising to 53. 7 in october, from the 52. 6 in september. This is the fastest pace since the beginning of 2016. The recovery continuing at a steady if not spectacular pace in the face of headwinds from brexit, slowing trade, political uncertainty. Ecb supporting the economy with unprecedented stimulus that will come under review in december. Just want to show you whats happening to the markets today. The stoxx 600 trading higher. Last weekend it rose for the second consecutive week. Best run since september. Last weeks rise was the strongest in a month. Byres the euro stoxx 600 up 0. 75 . The euro is a little bit up now. Track force march, on the worst fourth weekly drop. It is all about divergence because the u. S. As many think is set to hike rate
Lacqua with tom keene in new york. Tom it is a quieter economic day after the festivities with janet yellen yesterday. Give us some perspective on that better than good number. it is better than expected but only a touch. First quarter gdp growth has been revised up, but i think what we worry about in europe is that we are becoming a little bit like japan, that we need to get used to this Slower Growth rate. We will get paul donovans thoughts on that, but lets get to the bloomberg first word news. Istanbul, a car bomb targeting a police video has killed 11 people. Seven Police Officers are among the dead and no one has claimed responsibility. Two new opinion polls show the u. K. Referendum on leaving the European Union is too close to call. The poll for the Daily Telegraph says 48 of those definitely planning to vote are in favor of staying in the eu, with 47 wanting to leave. Another poll conducted by the times has the remain forces tiered, 43 to 42 Hillary Clinton now has enough dele
Present move. That is clear. Whether or not it will suffice to get inflation which would be satisfactory is another story. Markets are betting that mario draghi will announce a Bond Buying Program next week at the ecb meeting. Another rally in oil and a did not last long. It rose on a 6 after relative strengthening. It was oils biggest increase in 2. 5 years. Today, prices have fallen almost 2 . West texas intermediate is trading under 48 a barrel. While bright for blackberry investors. Shares fell as much as 17 in extended trading after simpson denied report that samsung was in talks with to buy the canadian smartphone maker. Meanwhile, struggling Electronics Chain ready of shaq may file for bankruptcy protection as early as next month. That according to the wall street journal. Radioshack has lost money for 11 quarters in a row. This is beyond cool. After 19 days that is what amazes me most 19 days, two athletes consider what many considered the most challenging what many consider th
In japan, the inflation will rise to 1. 7 in three years. Tom keene, running in place as i speak. The palestinian president seeks statehood for his country outside negotiations. Meets his goal, announcing 7. 1 Million People signed up. There was a victory for the president. Theavid plotz, one of saying we got the 7 million that they forecast. Appreciate the right and the left. There will be debate on the data coming out today. The mba Mortgage Applications at 7 00. It is a weekly number. At 8 15. Ent they are cutting more paychecks, that is an indicator about jobs. Monsanto will be before the bell. Amazon may unveil a tv viewing device today. Microsoft is kicking off its annual developers conference. We will talk about that in this hour. Lets do a new data check. 1881 on the s p. The euro, 1. 38. Nymex crude, still at 100. The vix, stunning number. 13. 10. To see it under 13 to a 12 signals bull market. Castorno idea why i put seed of future in there. I did not know there were castor s