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Good morning I'm Robert -- let's check the markets here this morning we've seen futures in the US moving lower all morning long still red arrows across more off the lows of the session.
After -- market yesterday.
In Europe stocks have turned positive or at least higher after a weak demand -- auction of German bones the market reading out as a positive for riskier assets.
It's offsetting earlier weak European services data that underlined the fragile state of the economic outlook there you see a -- market.
Over in Europe there and now let's take a closer look at what's moving the European markets were joined by -- Perry chief market analyst James Hughes he's in London and James good morning to you and in Spain issuing a veiled warning that it will not accept a full bail out from Europe if the terms -- too harsh.
Any impact -- what kind of impact they have by his weak CBI ECB trying to tackle this your.
Yeah what I -- ECB had been joint attack that require long time and it doesn't seem to be doing.
Having hot -- thing to be perfectly honestly we continue see his stories audits.
Which which try and salvage she's -- -- unnecessarily and I think this is that.
-- the big issue why haven't the markets have become diluted -- -- -- may have got rather choppy markets indicted nothing necessarily.
As in two different there and I think BC's one of the major causes I think.
What we've had to some market recently coming into the Vietnam's or any of these stories -- -- there's anything really concrete in the acts -- -- tablet comes out on I think I think that's the issue there isn't anything any really that.
Concrete in the thinks outside X.
I mean we've -- NYC around certain different stories different bond auctions different economic data announced -- all the numbers from a number of different countries.
But every -- there's nothing really that that -- is dying in Europe about the eurozone crisis because nothing ever changes -- a lot of the music comes out is staking obvious.
Yeah and then certainly we seen rallies ahead of a lot of these summits.
That we've seen you know nearly two dozen of those out amongst the leaders there and the big ECB meeting coming tomorrow -- how much anticipation is there that.
We're gonna actually get some details here we -- to rally into a plan and -- when they.
We Tennessee stock selling off globally and often times.
-- and within risk of sending a bit pessimistic is the disappointment that we get from from.
We hear the news coming out running up to it is a positive and and really that the action isn't necessarily is concrete or as strong as what we needed to -- -- there is our love lies on tomorrow in this ECB decision just just to see if it is going to be -- and -- -- -- been -- -- was bond buying programs and things -- they -- I mean.
There is cautious optimism and -- nothing we can -- every time we we come approximating -- something's been tap to do we gonna do something we cautiously hope something's gonna come out of it who will help us.
Move on but.
I think if you Aussie soles to be honest about it I don't think we necessarily gonna get too much and it's why the markets who.
Would chop and change around a -- but eventually one necessarily got anywhere.
All right -- James we'll be watching that decision tomorrow thanks much for your time and some breaking is now getting earnings from Dollar General the discount retailer reporting and adjusted profit of 69 cents that's a nickel ahead of estimates revenue though a little short.
Three point 95 billion dollars yes it was for three point nine.
Meanwhile the US Justice Department is sharpening its criticism of BP for the 2010 oil spill in the Gulf of Mexico.
In court documents the DOJ accuses the British oil giant of gross negligence and willful misconduct for that disaster.
It's a harsher stance taken by the US yet on the matter.
That gross negligence claim of course essential issue in the trial over the spell it set to begin in New Orleans in January.
Now previous found guilty of the charge the civil damages owed by the company under the Clean Water Act.
Could quadruple the 21 billion dollars the government and BP you're taking part in talks to settle civil and potential criminal charges.
Nokia is set to unveil two new Smartphones today featuring Microsoft's latest operating system.
It may be a last major shot by both companies to regains some ground in the mobile market.
The -- 920 and smaller Lumia 820 devices will both run on the windows eight phone software.
Nokia's mobile market shares fallen below 10%.
To huge drop from -- nearly half of the market just several years ago.
Windows -- -- capture less -- 4% of the overall global Smartphone market.
And that of course is well behind phones running on Apple's IOS or Google's Android operating systems.
And it challenges -- awaiting those devices Google's Motorola mobility will unveil its latest Smart phone today and and a week from today apple hosted event next week of course that's widely expected to debut its latest I phone.
Plus Samsung says it will sell its own Windows Phone as early as next month.
Take a look now at -- commodities using oil and gold both moving lower in early trading just slightly changed it coming up this hour.
Imus is gas will be New York Times best selling author Deirdre Imus and Fox News legal analyst -- real.
Imus in the morning continues right now on Fox Business giving -- them.
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