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Business -- Imus in the morning.
Good morning everyone the Obama administration is keeping quiet over whether Bloomberg News reporters may have used Bloomberg financial terminals.
To -- -- officials at the White House.
The White House declined to comment to Fox Business on the matter but a review of company contracts reveal that many government entities including.
The executive office of the president used Bloomberg terminals and services.
Bloomberg News has admitted following subscriber complaints that it's journalist used to terminals to access personal information about customers.
Meanwhile the Financial Times is reporting that more than 101000 private messages sent between Bloomberg terminal users have been leaked online.
According to the times the messages which covered a single day in 2009 and some messages from point ten.
Turn -- that a Google search but -- later removed after the newspaper asked Bloomberg about them.
Bloomberg says it shut down the access last month.
He's just -- press says the Justice Department secretly obtain two months of phone records and what the news agency calls.
A Siri is interference with its constitutional right to gather and report news.
AP says the DOJ collected records for more than twenty telephones assigned to AP journalists in April and may of last year.
It's not immediately clear what the government was looking for but US officials have said.
Prosecutors are conducting a criminal investigation into who leaked details about a CIA operation in Yemen that foiled a terror plot.
AP president and chief executive Gary Pruitt has demanded in a letter to attorney general Eric Holder that the Justice Department return the records to AP.
And destroy the copies.
Checking the markets now here in the US futures are in the -- got Dow futures down 32 the S and -- -- about three to nasdaq's down almost eight.
In Europe eurozone industrial production jumped 1% in March topping the estimates for a portent gain a German confidence reading -- rose slightly.
This month but it's still fell short of expectations we've got -- there in the red as well London's down about seven point.
Paris is down twenty Frankfurt down about the same.
Now let's take a closer look at what's moving the European market for the on -- -- global had a financial markets research at rabobank in London got Richard Reid.
On this economic data he is the eurozone industrial production supply.
Supplying some hope for that in that region.
I think it is a bit of -- hopeful sign if you look at sort of the dot across the globe for actually.
Go to past couple weeks we have received slightly better die out of their coming through its soul on balance it's a little bit -- it it never gets really exciting.
But does get a little bit better and we've had a look at the structural reforms in the eurozone we tried to do so once a year and an update of fuel that if you look a year back it was all about -- it was all about Portugal they have made most structural reforms whereas if you look now.
Greece and Spain have been doing a lot less well make -- folks almost unit labor costs in these countries.
A lot better looking it's we still -- -- though so a lot of work remains it's only sold its August -- -- Dodd out but a bit more hopeful signs perhaps.
And -- and finance ministers are meeting in Brussels and UK chancellor George Osborne mentioned that they need to focus on the issue of tax invasion now we've heard a lot.
About this being a big issue in -- but is it as prominent elsewhere.
It's not as prominent elsewhere what I think it is always.
If you except for the -- government's face and they have a problem was not enough revenue to governing expenditures so there's several ways to sold this.
And won't politically expedient ways of course to go off to tax evaders real motive it's easier said.
Then dom for this is a broadening of the tax base they are looking for.
The Hardaway of course if you assume that some tax evasion will always take place and it's hard to to counteract -- actually -- -- structural reforms keep momentum and to them that's where you run into vested interest though.
That's where it hurts that's we're told it's much more difficult.
All right that's down brash young MX at rabobank we appreciate -- -- thank you.
And overnight in Stockholm Federal Reserve Bank of Philadelphia leader Charles Plosser gave a speech saying he wants -- bank.
To begin cutting back on its bond buying as soon as its next policy meeting.
While he doesn't think it's likely the nonvoting member of the Federal Open Market Committee did say.
If price pressures -- to waned significantly he would be open to increasing the asset purchases in a bid to ward off deflation but.
He thinks a far more likely path as for the Fed to start getting its monetary policy in line with what he sees as an increasingly solid pace of recovery.
Here's a look at commodities now that oil and gold trading to the downside -- down almost fifty cents closed down almost eight dollars trading -- 1426.
Now here's the IMM live on fox business and giving you that -- -- prosper.
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