Euro area Economic Confidence rose for the second straight months in may, beating estimates. The highest level in four months. Boosted bywas strengthening Consumer Sentiment and improvements in the retail and construction sector. Greeces gdp contracted by 4. 5 since the prettiest quarter. Economic data for the country shows that quarterly exports fell since the previous quarter. Economic data showed markets are closed in the u. S. And the u. K. Today for the and spring bank respectively. The dax is still higher, up. 3 . The cac 40 is pretty much unchanged. There are some stocks were watching driven by m a news. Bayer is gaining after the sunday times reported they may put forward a new improved offer for monsanto as early as this week. Stocks one of the best reporting. Lets switch of the board and see what is happening in fx markets. It is a delicate a day of Dollar Strength, poise for the biggest monthly jump since september 12 14 on Janet Yellens comments. At the bond look markets be
Sustainable way everybody has the capability. Remember your humanity. Terre welcome to big problems, big thinkers. Im terre blair. In this series we confront the , most dangerous challenges confronting our survival as a human race, Climate Change, economic dislocation, nuclear proliferation, social unrest, and we examine each issue by asking if there is an ethical framework that can help us face these problems and solve them. To do that, we will hear from an Extraordinary Group of leaders, as they search for answers and perhaps inspire us collectively to take action. In this first episode, all of these exceptional men and women agree that Climate Change is one of the top threats to our existence. Will we be up to the challenge . Will we take action . When i was born 70 years ago, there were just slightly over 2 billion people in the world, and now, there is almost 7 billion. The number of people on the planet has increased by three and a half times in the lifetime of one person. This h
Coming up to 2 the way that the fed target for inflation has it. The other thing theyre worried about, expectations. Some members said that expectations are lower than they were for inflation. Meaning that perhaps, perhaps expectations have been anchored at a lower rate and it will be more difficult to get them back up. There was a discussion of how dallas measures inflation, how cleveland measures inflation. They have to do is keep that target credible. If they use the word credibility, it means they are concerned about it. The other thing they are concerned about, lingering concerns. There are two things they are worried about. One, china. The fact that it may not make this structural transition in a clean way. Lo and behold, here we are on january 7, that is exactly what going on. Lingering concerns have been borne out. The other thing they are worried about is what we have been watching all year. Commodities, emerging markets and the effect of the strong dollar on them. One note to
You can look at topline gdp and conclude where china is going hard or soft. Erik Bernie Sanders blast bankers. All straight ahead on bloomberg best. David hello, i am david gura. Look into bloomberg best. 2015 with the year of significant volatility in Global Markets and the 2016 trading year has begun the same. Our view of the week kicks off with a manic monday. Anna a new year, a new roller coaster. Chinese markets trading has to be closed early because Circuit Breakers kicked in. The composite was down by more than a percent. More than 8 . A lot of concern about the manufacturing data that came in weaker than estimated. Today was the first day that we saw the Circuit Breakers take affect. Do you think the Circuit Breakers actually contributed to it . Theyre going to say it intensified the selling. As it got closer to 5 and after 5 , people wanted to get out as quickly as they could. It took seven minutes to get from 5 to 7 . It is hard to forget the worst start to the year for europ
Hard landing . You can look at topline gdp and conclude where china is going hard or soft. Erik Bernie Sanders blast bankers. All straight ahead on bloomberg best. Erik hello, im david bureau. Look into bloomberg best. 2015 with the year of significant volatility in Global Markets and the 2016 trading year has begun the same. We kick it up with a manic monday. Ended numeral a coaster. Chinese markets trading has to be closed early because Circuit Breakers kicked in. The composite was down by more than a percent. More than 8 . Do you think the circuit actually contributed to it . Theyre going to say it intensified the selling. As it got closer to 5 and after 5 , people wanted to get out as quickly as they could. It took seven minutes to get from 5 to 7 . It is hard to forget the worst start to the year for european markets. Mark parker wrapping up the traits. Today worst year prior to fell by 1. 7 . Looks like we are going to close around 2. 7 lower, a third of last years 6. 8 has been