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Good morning. You are watching the pulse. We are live from bloombergs European Headquarters in london. We are just getting some german ifo data. That number just breaking on the bloomberg terminals better than expected. The figure came in 104. 7. We had a forecast of 100. 3. We will dig into the details and find out exactly what is going on here. Concerns surrounding the european economy at the moment. We have seen a significant move in european bonds. The reason for that may be more to do with draghi than what we were expecting from the ifo but nevertheless we saw a significant move. The span...

China you get a rate cut. That is being fed into the effects in terms of asia trading. We saw chinese shares in hong kong up the most this year. Mario draghi bolstered that saying he would revive inflation as fast as possible. He had better. We are expecting inflation data to show it slowed once again in europe. Meanwhile you have china, and 42 of the World Economy is stimulating. How bad are things . Is there nervousness creeping in because of the steps that need to be taken by the World Economy. We have the outcome of that potentially 21 billion euro fund. We have the euro currently near a t...

Fog is off to the north and west and rain minly in new jersey and some other spots getting rain this morning and right up along the coast, cape may getting light rain and just enough to dampen the streets and starting to taper off, you can see by the radar. Those showers are heading up the coast, and also a bit of activity moving through northeastern maryland and into the newark area and delaware, northern delaware getting some very light showers right now. As far as the areas of fog are concerned, theyre off to the north and west. Light fog for potstown, allentown, quakertown youll find dense...

Philadelphia. The old record was set back in 1888 and it was the coldest start to philadelphias morning since january 24th of 2005 and were actually going to get lower than that three before the weekends. Take a look at the morning wind chills this morning. To the north and west, anywhere between 19 and 22 degrees below zero this morning. It felt like 16 below in philadelphia, 15 below in millville so no one escaped that real dangerous area. Mount pocono 35 degrees below zero this morning. The chill is still out there. I mean temperatures right now are in the teens. We look at double scan live...

Offs. Kentucky tennessee, virginia maryland crippled by a winter storm. Federal offices in washington d. C. Will be closed today as they brace for snow. Airports in North Carolina and tennessee look to be the hardest hit and well have a live report from the Weather Channel in about 20 minutes, scott. Heres the big stories were watching today. Two economic reports of note. 8 30 a. M. Eastern time the new york fed releases its february survey of manufacturers and then at 10 00, a read on housing from the National Association of home builders. Theyll attend negotiations in the west coast. Drawn o...