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111. 7. Its higher than what analysts were expecting. Current conditions index 111. 7 in january versus the consensus of 11. 6. German january coming in at 106. 7. Thats the overall level. We should point out in general were seeing stronger than expected Business Climate index data rising in the month of january. We should point out that it institutes german Confidence Index did rise to 106. 5 in december. So better than expected numbers here out of germany. The Business Climate index. Joining us now is discuss is david owen. David, quick take away on what were reading now. It carries on the t...

Looks set for a landslide victory in this weekends election. Uber waits to hear if one of its will be babbed as Global Expansion blocks hit a number of roadblocks. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. And we have had the iea oil market come out in the last couple of minutes. Some headlines from that, they said the selloff in oil gained pace after the opec meeting on november 27th after they decided to keep its output target unchanged. Of course, we knew that already. They say the outlook for Global Oil Demand pore 2014 has been cut by 5...

Lauvens the first ltro are expected to disappoint. Results out in over an hour. Moving camps and demonstrators out of the financial district after more than two months of occupation. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. We are just getting news out of norway. Theyve cut the deposit rate by 25 basis points to 1. 25 . We were expecting a slightly easing meeting announcement. We werent expecting an outright rate cut until early next year. Low Oil Prices Hit a fiveyear low against the euro, which given the eurozone weakness is quite astonis...

Its another big day today of u. S. Earnings. Alibaba and ford all report before the market open. All eyes will be on google and amazon. Of course people are still talking about the fed press release from yesterday. The Federal Reserve not showing its hand that its wavering over whether to hike rates this year. In its policy statement the fed says it will still be patient. That word patient is still there in raising rates and is upbeat on the u. S. Economy setting solid growth and strong job gains. The fed says that while pressures are holding down inflation, mainly oil prices those are intensi...

Action. It is encouraging. It shows that the program is credible but its obviously too early to tell. And what mattered for us was inflation. Saudi Arabias King Abdullah dies at age 90 following weeks of hospitalization for pneumonia. Hes immediately replaced by his brother sending oil shares higher. Telefonica is in talks with hutchison for 15 billion. Telefonica confirms its in talk with hutchison to sell its business for more than 15 billion and its payday for lloyd blankfein. He will join the crew on squawk box later this morning. You wont want to miss it. Manufacturing and purchasing mana...