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Markets now ahead of an interest rate decision here from here -- the -- US futures.
Are in the green across the board we've got Dow futures up 36 yes and he's up five and a half the nasdaq's up.
Almost seven points in Europe all major indices are back to trading after technical glitch at Euronext delayed several markets including the cac forty in Paris.
For about an hour you've got stocks there up across the board.
And we just got the industry decision in from the Bank of England kept interest rates unchanged.
At half of 1% the -- has moved on rates.
In four years now again the rates -- -- half of 1% since March.
And now let's get some reaction to all that from bill -- -- chief economist at markets that come over London bill.
What do you think of this decision is this the way to go.
Well I think this is a decision -- is expecting as you just said this is sir Mervyn king's swan song.
Doctor Mark Carney takes over on -- the first of July the key thing is gonna -- What we find out on the nineteenth of June when we get to vote as we've seen out for the previous four months -- king was in the minority having voted.
-- kids keeping rates unchanged -- should should say race.
Quantitative easing so the key is going to be how quickly Mark Carney could take over but as -- say we will have to wait to the nineties.
Again the voting was seven to -- 63.
Carney is gonna have quite -- Up a let's -- a political job to do far more than an economic job the next couple months.
And it -- 45 minutes we'll get the European central bank's decision.
And the -- expected to do the same leave its rates where they are but what do you expect to hear from Mario Draghi if that's the case.
This is going to be.
The real key question here will it be magic Mario Super Mario he would love to be able to say sorry we've had a glitch I can answer any questions -- you know he's gonna get the question.
What about negative interest rates what -- -- deposit rates by feeling he has although we've seen an improvement in the Euro.
-- slight improvement in the economy I'm still expecting at least one more rate cut by the European Central Bank.
But believe me Super Mario could have an Academy Award performance today in the question and answer session.
Bank that's bill who -- at markets dot -- we appreciate it bill as always thanks for.
And we're getting earnings in now from CN -- the networking equipment companies reporting a profit of two cents a share.
Yes -- there was for a loss of one -- -- -- Christiana revenue came in 507 point seven million dollars that also topped the expected 483.
-- six million dollars.
PepsiCo's reportedly looking to buy soda stream according to the financial newspaper capitalist.
The soft drink giant has offered two billion dollars for the Israeli company whose machines.
-- carbonated drinks from tap water -- to stream which also makes flavors carbon dioxide refills and reusable bottles.
Begin trading on the NASDAQ in 2010 and has a market value of one point four billion dollars.
Report says -- interested in the company's potential to grow in the United States.
After sales here doubled last year.
According to the paper Pepsi is also willing to increase its bid possibly.
To 95 dollars a share so -- -- shares closed just above 69 dollars yesterday but before moving in talks with Pepsi.
-- -- is reportedly checking its options for a deal with Coca-Cola.
Pasco is reporting same store sales missed analysts' estimates -- -- the largest US warehouse club chain says may sales rose 5%.
While analysts were expecting five point 5%.
Net sales rose 7% to 8100 million dollars for the four week period ending June 2 compared to seven point 57 billion year over year.
-- -- also said plans and plans to open nine new warehouse stores by the end of the year and 150 more over the next five years.
Lawmakers -- to do to new bill to prevent individuals cyber hackers backed by China Russia.
And other foreign governments from stealing US secrets and technology the bill to be introduced by chairman of the House Intelligence Committee Republican Mike Rogers.
Aims to publicly identify individual hackers.
Revoke -- -- says and freeze their US assets US companies lose an estimated 200.
To 300 billion dollars annually to cyber intrusions China has denied accusations of US cyber attacks coming from there.
The White House says cyber security issues will be a key part of president Obama's meetings with Chinese president -- -- in Southern California tomorrow.
Percent to get two new pieces of labor related data this morning will be looking for weekly jobless claims as well as a challenger gray and Christmas report.
Well of course bring those numbers to you as soon as they cross in the meantime let's take a look at oil and gold -- green -- -- oil.
Is up almost fifty cents trader at 94 dollars a barrel gold of about six bucks at 1404 announced.
Stay with Fox Business throughout the day as we examine offbeat investments.
Other ways to make money ranging from art to tornado shelters all day today on Fox Business in the meantime.
Now here's the -- man ready to give you the power to prosper.
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