You're watching...
Commerzbank Global Equities Economist Peter Dixon breaks down the stories moving the European markets.
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
I meanwhile US futures are up across the board we've got Dow futures up 31 -- -- three the nasdaq's up about eight.
Looking at Europe stocks there are taking a cue from investors here in the US -- -- 48 Harris is up 43.
Frankfurt's up more than 100 points -- a closer look now at what's moving in those markets we got.
Our analysts over in London now Peter Dixon and Peter.
I want to talk a little bit.
About what's moving the markets particularly -- eurozone PMI figures you know they.
Came in better than the estimate but they still in -- -- that contractions actually getting worse so what do investors take from that.
Well I'm obviously from the real economic side of things -- -- -- in the -- companies are stocking barely know gay with the moments.
I think at the moment however investors are looking into a bit more widely Alina focusing perhaps from the ECB's.
Batteries all of warranted I think speculation about -- -- -- This this day.
-- looking into the Italian political scene and seeing an absence of both day which I think is helping to -- sentiment.
And the general expectation is that central bank's largest in Europe -- around the world all pets out further stimulus.
Two to the markets which is hoping -- prices to go -- On the other hand you know retail sales in Britain grew at their fastest pace in two years in February's so what's your take on the.
While but not sir a -- for the British Retail Consortium it's very volatile from month to month saw I don't place it will float weight -- obviously interesting information coming.
That the simple truth is that even the UK.
I guess like in the US consumers are deleveraging on -- not a huge share amounts of demand for food consumption at the moment.
I'm so I think over the course of the next few -- and hopefully -- see consumption remained positive but I think it'll be a -- slow pace is that how I -- A just who ruled in which they try to pay down debt to the same time as income growth is pretty sluggish.
Current period has to take a -- -- we can find them that's Peter Dixon over London we appreciate the analysis is always Peter thanks.
Meanwhile -- in Asia climbed today fuelled by stimulus hopes there for a closer look.
At the markets in Asia let's go over to Heidi -- business reporter for cctv.
Heidi is a pretty good morning there just like here talk just a little bit about will move the markets over in Asia.
It was not rebound we saw today asked -- say that's -- shops sell off all eyes closed.
On China today as the country's -- college recessions got under way he'd making today -- number -- things in the government's work corporal unveiled this morning that cheating basis.
A -- one it was a pledged to boost spending and also isn't it possible reforms to try to achieve that seven -- the same -- -- of the 2012.
Was look at Shanghai comp club called rather come -- it's nice seats legalize that yes that's today about 2.3 percent thanks uncle also lending integrated for the first time in three day.
Now hiring you can -- the Nikkei closed at its highest levels the scenes look Tevfik 2000 an ice.
Another -- a day of gangs are the -- and that was on expectations of more aggressive monetary -- once in you Bank of Japan about nannies deputies at tech office and next months now just looking into this sixteenth we've seen.
They don't make -- yeah I 85% rally in and he tightened and then my last CSX once Orlando quit we got from here one is an extract of the that -- IT -- and I wonder we well that -- he learned from cctv anxiety.
