Stay updated with breaking news from Ivan glasenberg. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Francine and the worlds top automaker at the geneva auto show. All this, plus the weeks most revealing charts coming up on bloomberg best. Hello, i am francine lacqua. Welcome to bloomberg best, a weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets take a day by day look at the top headlines, starting at a bold policy step on monday from the peoples bank of china. Jonathan the big story is the Chinese Central Bank cutting the reserve requirement ratio by 50 basis points to 17 , reducing the amount of capital that banks need to hold in reserve. This hot on the heels of one of the biggest months of new credit growth in china. Is that a story here . Enda you are completely correct. This is both a significant surprise and a significant move, ....
Ray you are probably going to lose. Francine and the worlds top automaker at the geneva auto show. All this, plus the weeks most revealing charts coming up on bloomberg best. Hello, i am francine lacqua. Welcome to bloomberg best, a weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets take a day by day look at the top headlines, starting at a bold policy step on monday from the peoples bank of china. Jonathan the big story is the Chinese Central Bank cutting the reserve requirement ratio by 50 basis points to 17 , reducing the amount of capital that banks need to hold in reserve. This hot on the heels of one of the biggest months of new credit growth in china. Is that a story here . Enda you are completely correct. This is both a significa ....
You are welcome to the pulse live from london. I am manus cranny. Breaking news on the eurozone. The whole of the manufacturing for the eurozone comes in at 52. So that is a pulmonary reading. Tha a preliminary reading. A little bit of a drop for spain. Germany disappointed before he came to air. Dont be fooled. Analysts say it will make it to 1. 20 by early next year. That is the state of play on the eurozone. Manufacturing. Lets talk about one other country it is china. More evidence this morning that chinas stimulus measures may be working. The word is stability. Figures show that manufacturing stabilized in the last month. 5 trillion wiped off the chinese stock markets. Mark . Mark china closed for a week. The chinese stock market, still chinese data continuing to set the tone. Is the chinese economy stabilizing . Yes, the additional gauges below the 50 level but it was above estimates, an improvement on the previous month. Which is leading some to say that those rate cuts in novem ....
Correspondent Steve Liesman will go through the recent statements from med members and say what it all adds up to concerning the september 17 decision now just seven trading days away. Mandy is live at the New York Stock Exchange with mary thompson. Mandy, i said im going to let this thing grow until the market turns around, so its got about three hours left. Is that why they turned off the lights so you could come out and big reveal, the big spot light on the hair . Love it. Looks great. All right. Good to see you. Welcome back. Good to see you as well. Stocks in rally mode just off the highs of the day and nonetheless up by 282 points with tech and health care leading the gains. Mary thompson joins me on the New York Stock Exchange floor. Mary, just a moment ago im sure you just heard josh brown saying ....
That worse . Stay tuned. That is what we are watching today here on the move. European markets have opened lower. Stoxxeins for the euro 50, the ftse, the dax and the cac 40. Lets check in with manus at the touchscreen. We are going to see a little bit of a drop. Losingflicking around, about an eighth of a value. Where weh more about are in terms of reports. Carlsberg cutting their outlook. Heineken, things are going well. It is about the bank of england, the Federal Reserve. Go into the u. K. And have a look. Diageo coming lower on the first trade. Glencore does it again. Overall numbers beat real. Glencore came out this morning. , 2. 01 billion. The super cycle of commodities is not over. Where we are with rio and balaton. Iron ore will not peak in terms of supply and 2017. We had a great interview with holgate. His view, Ivan Glasenberg is the only man who knows what is ....