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Journal there close to raising rates next month. Chinas push to join the elite as a currency takes a hit. More work is needed on the yuan. Welcome to countdown. This is Bloomberg Live from london. 6 00 a. M. Numbers are coming through from moments ago. Lets get to carolyn conan. She is in paris. Yes. It is the highest quarterly earning in eight years since the financial crisis. Societe generale benefited from three things. They had a good performance and equity ending. It jumped 61 . They also had a gain of 312 Million Euros. Recovery of the economy in europe, especially in france. They had 45...

December if we see a significant deterioration in economic data. We get the new jobless the new job claims tomorrow. And in the payroll will we see a third month . Were up 0. 3 in france. Later today will see how greece will handle it in two days. All eyes on the dollar. We saw the wall street journal coming up. That statement that he thinks there will only wait if there is a significant deterioration. We have seen gold continuing to selloff over the past few days and we do see no one being leeward into it no one being lured into it. Lets have a little look at oil and we are starting to see oi...

Snapping a sevenmonth losing streak. Deal maker, russia selling an 11 billion stake in its Largest Oil Producer to glencore and the Sovereign Wealth Fund. The russian president went on national tv to tout the deal as one of the largest acquisitions in the oil and gas sector in the world and in the world in 2016. Thats what you need to know at this hour. Lets turn back to our main story, the upcoming ecb decision. We turn to our Bloomberg Team in europe, with our colleague, matt miller. Looking rather cold over there. And paul gorton, who leads the coverage overall of the western European Centr...

Jobs. Ave tough i dont envy them what they have to do at the moment. Anna welcome to countdown. I am anna edwards in london. Manus i am manus cranny in dubai. Good morning, and a. Anna let us talk about the oil price. Wti yesterday. We are rallying once again this morning. Tomorrow. Data is due seeing increasing in the united eights. Decrease ino weeks back to back numbers since september. We have a number of factors coming in. I have a chart that contextualizes this move. All the way back to 2005. Inventory are forecasted inventories are forecasted to decline again. Bouncing up since the lows...

The tricky thing is figuring out the cattle last figuring out the catalyst. Job and we see the market only down 0. 9 on the s p. It felt much worse. Varian tends all day. Big selling over in europe. Definitely one of the worst days we have seen in a wild. Scarlet this particular rally started overseas. A pretty steep selloff. European stocks hit particularly hard. Most sincehe february, and volatility actually spiked. And energy was one of the worst performers. Interestingly enough, inflows too the u. S. Bond fund rose 4. 6 billion. That is unbelievable. It sets up the whole dynamic. Joe bank ...