ubs raises it's price target on a number of car makers. good morning. let's get straight today at a in the form of the november ifo data coming out of germany. the german business sentiment index has risen in the month of november. we're seeing 109 versus 108 so slightly beating expectations. in terms of the commentary the

ifo institute is saying that current condition index 113 for november versus a consensus forecast of 112.4 so even on the current conditions beating expectations. this is after we got a break down for germany this morning. once again growth was confirmed at 0.3% and it seems as though this is a domestically driven economy. the german consumers rarely coming to the rescue with that part of the economy bumping up growth by 0.3% but we did see weakness in corporate investment and exports. net exports shaving off 0.4% of growth. let's have a look at euro dollar. 10668 on the back of that data. we were below it so we recovered quite a bit because of that. >> weakened sharply against the

u.s. dollar. turkish officials tell nato they warned the jet a number of times before taking it down for what they said was a violation of turkish air space. the ria news service has refuted those claims saying no such violation occurred to the images emerging out of turkish 02. >> so let's bring some of the latest flashes from the turkish side of the bargain, turkish presidential sources reported to say that the jet was downed in line with rules of engagement. they're saying the turkish military is saying that the plane had been warned ten times in five minutes and that two turkish f-16s were involved in the shooting. now if we come to the other side of this, turkish sources haven't

said they -- haven't admitted where the source of the jet was the russian defense ministry is saying it was their plane. they say that it did not leave syrian territory at any time is the claim that we're having from the russian defense ministry so clearly a major gap between the two sides of this argument with tragic consequences because of that difference of opinion. >> as you pointed out, the plane according to the turkish military was warned ten times in five minutes. you have to wonder why they didn't react to it. whether they didn't hear it. whether they ignored it. that is the key question. >> absolutely. so we're hearing that the pilots managed to eject. of course we haven't heard whether they are all right or not or whether they have been recovered but it's believed that they did parachute out and that's really the latest at this

stage. >> the u.s. state department issued a global travel warning. it's likely several groups including al qaeda and boko haram will continue to plotter error attacks across multiple regions. >> brussels will remain on maximum alert for the fourth day today. a week and a half on from the deadly attacks in paris. let's get out to brussels. julia is there for us now. julia. >> people to to remain vigilant and this imminent threat of a terrorist attacker, potential copy cat of paris remains a key concern for the authorities here but calibrating the response is

an issue and the lock down here and the fact that schools and jufrt versus been shut is making life difficult for people here. they're saying we're going to try to loosen some of those restrictions. listen to what he had to say. >> it's been decided that schools should be reopened from wednesday and that complimentary security measures around schools will be put in place the metro will also be open wednesday. but everything has been undertaken so we can open as much as we can of the metro on wednesday. >> 21 raids into wednesday morning. 21 suspects were arrested. 17 of those suspects have been released. one man charged in connection with the paris attacks and the justice minister said we're getting more information. it's good but we're not finished and clearly they're not because

the manhunt here for one of the suspected terrorists continues. a lot of questions here being asked about whether or not he is even still in the country and despite so many raids, what are the authorities here achieving given that they haven't found any weapons or explosives and of course this manhunt continues but of course the work continues. >> more international developments with news of that russian jet shot down the turkey. is there any sense on the ground in brussels of elevated tension and uncertainty off the back of that? >> not really but i point to what you guys are saying. a lot of questions to be answered about what happened here. even down to a language barrier but what i'd bring it town to is the movements from holland talking to david cameron yesterday. president obama today. he is then going to talk to merkel and putin later on this

weekend and it comes down to the need for better coordination over the attacks carried out on the islamic state and we know from previous discussions that the communications between the u.s. and russians haven't been that great. it's believed to have been better between the brench and the russians but it underscores the need for greater communication and coordination. hollande a very important job going on this week i think. back to you. >> absolutely. thank you for that. we'll be back with julia later in the show. >> i want to recap some of the eco data we had out just a few minutes ago. largely better than expected when it comes to the ifo expectations and current conditions index. i also want to get to some of the commentaries particularly pertaining to the paris attacks. the november business sentiment was largely unaffected by the increased global security fears and the paris attacks had not had a noticeable negative

impact. so once again this is after yesterday, for example, the ceo of semens warned about slower investments in europe as a result of the terrorist fears and last week it showed a similar picture to what we saw so the jury is still out. >> right. let's get back to the unfolding issues and it's a battle of civil vags. those are the stark words from benjamin net you hah referencing the heightened terror threat. he's meeting with john kerry to discuss ways to fight isis he has publicly exposed an extension of the asset purchase program breaking rank with the rest of the counsel and mario draghi. she sees no reason for more qe

and loose monetary policy has its limits. her comments come only days after the ecb president said he would consider extending monetary easing if it was needed to boost inflation. joining us now live from london to discuss further euro zone economist at city. thank you for joining us today and we'll definitely get to that in a few minutes time but i'd like to start to the economic response to the recent terror atrosties because you have specific views on the sectors likely to be most effected from the paris attacks. >> it will be tourism and any air travel baring the brunt of the adjustment. in france you're talking about 2% of gdp and lightly more large in terms of 7 or 8%. the more attacks we get the more

negative it will be for the economy but at this stage we're talking about an error. there's clearly more spending on the security element of things so it's really a down side risk to q-4 but i'm not sure that it warrants any revisions to forecasts. >> and the prolonged nature of the brussels shutdown, does that add to your concern? >> yes. it just highlights the fact that in some countries they could be slightly weaker than would have been expected otherwise. but when i look at the business surveys and business confidence is picking up. so it's easy to think that the trajectory of the economy itself unless we have a persistent alert is going to be rather positive in q-4. >> let's come back to the ecb. now joined the ranks and opposing more stimulus by the

ecb. do you think if mario draghi moves ahead, do you think the ecb will be facing a credibility crisis? >> i don't think so. i think the issue is not a problem. the ecb lacks credibility. if some governing counsel members or executive board members take exception to the fact that the mandate should not be met then it is them facing the role as executive board members. what we can see and there is a clear majority in favor of easing. i'd be surprised if they don't cut interest rates and add to qe. >> unfortunately the ecb is

meeting before the fed in the month of december. shouldn't they wait and see what the market reaction will be and whether it will fall further which plays into the ecb's hands. >> i think there's assurances now that a rate hike is to be delivered and therefore the pressure on the ecb is not as great. if there have been doubts about the federal reserve to hike interest rates perhaps it would have made life more complicated for the governing council but it's very clear now that the december forecast will show vision to 2017 and not reaction to this would be a problem. now given the lack of consensus, perhaps within the ecb, we might get staged announcements in terms of december cuts, and purchases and then at some point later in 2016 an extension of the qe program. but i would have thought that no action on december 3rd would be extremely damaging.

>> i think draghi tends to overdeliver and i think this is something that they are now trying to address. when you look at all the commentary and the per sis answer the of low inflation and low level of co-inflation it's now swifting toward delivering additional qe. it's keeping inflation down. if you continue to have growing risks then if you have that it's just december and you deliver a little bit more. >> thank you for joining us. much appreciated. >> janet yellen is arguing for a

cautious approach in the pace of rate hikes in an unusual exchange with raffle nadar. she repeated they would raise rates gradually. he published an open letter asking her to consider humble savers that are frustrated with the fed's low rates and dramatic debate on when to move higher. yellen could tell her husband about what to do and her response, yellen did not mention her husband or his suggestion. there's been a lot of criticism on the back of this letter because people said this is sexist. saying that she should consult her husband but she hasn't mentioned him and that was a good choice. the fact that she responded in the first place, that surprised me to be honest. >> she has definitely come out of this argument as being the winner in terms of profile and

image. the debate as to whether we should hike rates, the fact that she responded at all shows there's uncertainty and any central banker will be so fearful of hiking too soon. i think given the relative improvement in u.s. data if one believes that qe has worked and long-term will look back you have to now try a rate hike. i'm not so sure that we will look back on qe but if you're still of the view to hope that it has you have to try a rate hike soon enough. it may be a mistake but there's a lot of uncertainty in janet yellen's mind. >> and others argue really, she wants to raise rates to be able to lower them if the economy takes a turn for the worse. that's the other side of the argument right now but others would also point out 25 basis point hike in the first instance that's not going to have an impact on borrowing costs. a lot of the instruments are

tied to that but the fed had a much bigger impact on spreads than interest rates. 25 basis points is nothing. >> it's a small move but the point you made at the start of that answer, to raise them so that they can be cut again is very relevant because one of the arguments against qe is the way people have gotten used to low rates now and it's not even having that much of a positive effect so there's relative improvement you have to use that chance or else the whole argument of having started in the first place becomes totally undone but december for geeks like us is exciting. two major central banks going in opposite directions potentially. what will that to to markets. >> you're not taking the week off on december 17th. >> i'm not. >> on december 3rd you're not either. >> not at the moment, no. >> stay here. >> looking forward to that. >> still to come on the show, engineering a recovery. we check in on the plans to turn

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welcome back. it's the aftermath of hearing a russian jet shot down over turkey. disagreements on where it was and which ace space. down 1.6% off the back of the news. >> also want to show you what they're doing. this is the 100 stock index. it's fallen more than 2% on the back of the move but now it has recovered a little bit. hast time we checked it was down 1.6% and we have also seen significant weakening of the lira on the back of the news. we want to show you what it's doing. we're seeing it is down against the dollar. just to give you a little bit more commentary on what's happening. turkey saying the war plane was warned ten times in five

minutes. two turkish f-16 s on patrol shot down the jet. we'll give you more update as we get it. how are you the markets looking this morning, wilf? >> a lot of red so far today. yesterday was mixed to down and today we opened pretty softly. don't forget last week was positive up over 3% for the stoxx 600 so we're down 1.15%. it was a pretty steady decline throughout the first hour and a half trade. a little bit of bounce after it surprised to the upside. let's have a look and see how that mays out. as you can see about .8% of declines for london and germany. france down 1.2%. let's look at some of today's biggest individual stories and first up, king fisher is down about .5%. it missed third quarter expectations after weakness in france and negative currency impacts. however they did better in it's home markets of the u.k. and ireland where it delivered robust same store growth.

rolls royce is up 0.35% after the engineering firm unveiled the ceo's review of the business. he says the medium to long-term outlook remains strong but structuring is needed to reduce costs and improve transparency. altice off 7% after they sold 61 million shares to hedge for a transaction with patrick drahi next and finally volkswagen, a good day for vw. don't get many of those at the moment. the ceo says steps needed to refit more than 8 million of the cars are financially manageable. in a speech to managers, he added the company will give an update on the scandal in mid december but the process will still take several months. right that's european trade. let's also check in on trade in asia. sri is standing by for us as ever. sri. >> wilf thank you. i wanted to pick upton developing story you have been talking about. the downing of the russian su 24

along the syrian and turkey border. we have been seeing a dash into the safe harbors including gold, including bonds and in our neck of the woods into the japanese yen as well. the yen has been firming against the u.s. dollar. i want to talk about that and raise that but also the timing is very, very bad when you consider that lavrov is due on a scheduled visit to turkey tomorrow to discuss the syrian situation so this incident is going to foil it very, very considerably. underlying sentiment in asia is quite fragile at the moment. largely because of the security situation which remains very, sr. uncertain on a global basis and also the threat of a higher rates environment. these will be fed tightening in december. stronger dollar environment as well. the commodities complex. especially the cyclical end of the market is looking that much more weaker so that's hurting

sentiment, especially in the australian market which is over here. one of the underperformers up by 1%. didn't get a great deal of data for the course of the week from this region. we did get the japan data though. pmis were fairly upbeat but the market, very muted response in the nikkei. here we are. this is where we closed up. just below 20,000. back to you now. >> thank you for that. moving on, several asset managers would support a move to relocate headquaters to hong kong. this according to the ft. aberdeen asset management said the firm would be supported if they presented a case to shareholders. separately they're expected to cut as many as 2,000 jobs over the next two years according to sky news. hsbc shares lost 15% of their

value over the past 12 months. speaking to cnbc yesterday the ims financial counselor and director talked about some of the risks facing european banks. >> certainly the loans in europe is something that we have been talking about over the past couple of years. europe i think has done very porn things in the euro area in particular by increasing the capital of the banks but there is still about 900 billion euros of nonperforming loans that need to be decisively tackled. why is it? non-performing loans is something that captures capital and lowers the profitability of the banks so the capacity of the banks to provide credit to the economy is lower. banks with high performing loans have the willingness and ability to provide loans and europe needs banks that lend to the corporate sector and the household sector to support the

recovery and non-performing loans requires decisive action on the part of european bank supervisors but also the local authorities that need to do a number of legal reforms in the national frame works for debt restructuring. >> do you think that we're going to have to revisit a recession scenario either in europe or globally? >> no, i don't think so. i think it's too early to tell. what we have is a global economic recovery which is modest and uneven. which is going slightly better in advanced economies including in the euro area and the european union but which is not a vigorous recovery and is losing strength. so our forecasts are that next year things are going to be better but of course one can make that happen in the type of governments that take place.

policies in countries that have room to expand like in germany or the netherlands or structural reform which is is something that most advanced economies and also many emerging markets need. >> still to come on the show, they're betting big on the u.k. only mobile bank. details coming up next only here on worldwide exchange.

a global travel alert is issued by the u.s. state department where there's an increased terrorist threat as ru prusels pr brussels remains on lock down. >> he breaks ranks with the ecb president in a rare public disagreement over extending qe. >> vw sees green after the ceo says the costs are manageable while ubs raising it's price target on a number of car makers.

>> nato downed a russian military jet near the sir january border. they took it down for what it says is a violation of turkish air space. the russian defense ministry has reputed those claims saying no such violation occurred. images emerging out of turkey showed two pilots parachuting from the jet before it crashes into the mountains. no confirmation of their specific fate, however. let's have a look at the market news off the back of this. the turkish lyra has fallen sharply. >> the ifo index was surprisingly good. better than expected with print of 109. the forecast was 108.2. also in terms of the current conditions that did beat

expectations. it did give a lift to the euro dollar. but it has evaporated since then so you see just a blip there. in terms of the commentary that's interesting. the ifo institute says there's no major impact coming from the terror attacks out of paris. also the german consumption continues to do very well. it says the diesel emissions scandal does not appear to be having an impact on the german economy either. so overall a very resilient german economy. 3rd quarter gdp was confirmed at 0.3% once again driven by domestic consumption. quick check of european markets. we're down today. slightly under water. let's see how we're fairing. we're seeing the dax trading down to the tune of, you can bring up those boards, the dax is off by 0.8%. the cac 40 trading off by 1.3%. we did see a little bit of a flight to safety into the german

bunds as a result of the incident that happened on the turkish border with the turkish plane shooting down the russian jet. we're seeing the ten year bund yield. and once again quick look at the currency markets, euro dollar pretty much giving up it's inspired gains once again. 106.51. >> bvba required a stake in the first digital only lender. the spanish bank will be the largest shareholder and hold two board seats. it plans to offer services to individuals and small businesses by mobile only and one day wearable devices. joining us now is mark mullen, ceo of atom. congratulations on this announcement. no doubt a very pleasing moment

for you. why is bbva investing in you? do you think it's the geographical exposure or the technological difference you offer? >> well, we're very excited and we look at it as a tremendous vote of confidence in the business model and the team and bbva have been on a journey for the last decade. they have been transforming their business and making acquisitions all over the world. they bought spring studios in san francisco and they're committed to digital as the future of banking. they're interested in it and they think there's still quite reasonable margins to be made here and look at atom as a model that aligns to their philosophy and we were delighted they have chosen to invest with us. >> and if i want to get a loan

how long does that take? is it quite a simple process or quite a hard work, lots of typing and lots of things to fill out? >> no, it's an incredibly simple process. our view is its still got one foot in the past. so our intention is that it will be a biometric bank. it will know who you are. you won't have to reenter details time and time again and we're talking about money in minutes when it comes to decision making or transacting. in the digital age people expect things now. not in five minutes, now. >> how much cheaper are the loans going to be? what is the cost benefit for the consumer? >> if you look at the cost inefficiency of the big banks, they're struggling anywhere south of 6% and we're looking at a model that should be well below 30%: some of that is translated into better returns

for investors. i'm not in position to tell you what the price of a loan from atom can be but we'll look to be more efficient than the existing ban banks. >> you'll have to spend a lot of money on marketing. it's such a new concept. how expensive will it be? >> i think it becomes how good it is. i don't recall uber doing a lot of marketing. >> you're comparing yourself to uber? you're as disruptive? >> i think we have the potential to be. why not. >> what does bbva bring to you. money as a vote of confidence as you already said. what else? >> immense know how. firstly, they have been a bank for 150 years. they're an enormously experienced bank with a great reputation but also very specific knowledge when it comes to digital banking and assets. big data. data is one of the currencies of

the data market now and in the future. they have tremendous strengths in that and their design studio i mentioned earlier. it's a really highly respected unit. pretty independent and we can look to learn from them and we can look to borrow interest and borrow ideas. >> thank you. >> retailers are gearing up for the biggest online shopping day of the year. the prethanksgiving survey revealed 66% of consumers are planning to do their shopping online on black friday. only 44% are planning to shop in stores. >> it's a moment we've all been waiting for for sometime. from online to eclipse in store shopping and for black friday to just kind of go away here in the united states. we're not quite at tipping points for either one of those events just yet but the discussion has begun and there's certainly some changes to the way that consumers say that they're going to execute their

black friday strategy. so the prethanksgiving survey indicates that 57% of consumers in the u.s. do plan to shop at some point somewhere this thanksgiving weekend what is different is that 66% of those say they're going to shop online on black friday which is traditionally more of an instore type of shopping at a and what's more 66% claim it trumps the 52 president that say they'll shop online on monday and in this case they county shopping as browsing and doing research on products as well as the actual act of checking out and going through with a purchase. so it could include web grooming which is folks searching online

but buying in stores or the opposite, looking in stores and buying online. and as the years have gone forward, black friday has kind of moved up to thanksgiving and now walmart is trying to steal cyber monday's thunder by moving those deals to sunday night. so walmart says hey, the internet is everywhere all the time. there's no need to wait until monday to offer these deals. we're going to go ahead and start 2,000 of our cyber monday deals on sunday night at 8:00 p.m. eastern. that's up from 500 the year before. back to you. >> volvo cars is looking to cash in on the black friday rush by rolling out the world's first in car delivery service. the swedish firm is teaming up with them to have christmas toys and food delivered in it's cars.

speaking on the tanchannel, the explained the service. >> it's real and happening now in our industry. we are able to actually allow e-business shipments to be delivered directly into your car and that is a fantastic opportunity to take away the hassle from doing online shopping and being at home waiting for the delivery. this is an excellent opportunity to free up time for people. >> you can read more about volvo's plans by heading to our special report page on our website. i just have to say, i quite like this idea. i'm not sure that i'd go for it straight away. i think this sounds like a more reasonable thing delivery by drones which is something else we all talk about and, you know, it would be really avnnoying if after you get a delivery if your car got stolen but that's an

interesting idea. >> that's a big caveat. do you trust them handling your car keys? how do you know that they're going to dispose of it then and they'll never open your car again? >> i imagine once it's verified city car and things like that, they have electronic car systems and locks now but the thing that annoys me, is that you're not there when it is there and you have so then take a leaflet and i think this is an interesting idea. never heard of it until he spoke about it this morning and i quite like the idea. >> so your christmas present for me, they're all going to be in the trunk of your car. >> yes. which also happens to be a volkswagen diesel so alass they're not offering that service at the moment. they have enough on their hands. >> they do. still to come on the show, jet setting has taken on a whole new meeting and now it comes in the

form of an app. we'll be speaking to the founder and ceo coming up after the short break.

cnbc takes a closer look at what's required to modernize india. >> designs on the roof. art on the walls. this is the new international airport. open less than two years ago after $2.5 billion worth of work by infrastructure giant gvk. now the company that operates airports in mumbai is upbeat about it's prospects and believes india's air travel business is set for a major take off. >> the ministry of the government of india has estimated that currently after passenger traffic in india is 160, 170 million passengers and expect to grow over 500 million passengers in the next 10 to 12 years. it's a huge potential upside for the business. >> while big cities in india

like mumbai and delhi and they may have new exports and hit the streets. >> dawn in mumbai and a rare site. >> they're like this every day and everywhere. because the norm are monsterous traffic jams, the physical embodiment of a country growing so fast it can't keep up with itself and it's starting to get in it's own way. >> the world bank estimates india will need up to $1.7 trillion by the end of the decade to fix it's crumbling infrastructure and prove it's roads, rail, ports and power utilities. but red tape, land disputes and lack of clarity continue to hinder in the sector. funding is also a big issue. a decade ago many infrastructure companies went on a binge to

fund their projects but struggled to make interest payments when returns didn't come fast enough. >> i think people ignored a lot of the risks and it was a mad rush to get into the businesses and after 2010 the risks of this business started playing out. >> the projects are there. many of them stalled because of variance constraints and as we move the burden of risk sharing back to the public there would be opportunity to get this again. >> on its end the government is targeting an annual contribution of $3.5 billion to the india infrastructure fund to invest in key projects and help to kick start a new capex cycle and

allowed 100% foreign ownership in railway construction companies there will be the public sector and an architect of debt. >> so funding will be easier as we go along. and india must get it's own infrastructure investment moving or risk stalling growth. cnbc india. >> fancy a private jet? there's an app for that too. they allow people to get real time pricing for private jets online. the idea is to solve difficult process for jets and open up the world of private travel. joining us now, the founder and

ceo. thank you for joining us this morning. let's explain what the app does and service does. it's not offering up empty seats on existing bookings. it's trying to open up the market more to people that don't book private jets. >> that's right. we have never been interested in that. there's two key things we're able to do. >> the second thing is we're able to utilize the 40% so there's a repositioning with no passengers on board at all. instead of trying to find people we're able to match that in the direction somebody wants to travel to dramatically reduce it and what we found is we're competing with business class. three or four business class tickets we're able to give people a private jet.

>> one of the critical reasons it's works is there's such a high supply on offer you can get to go where you want to go quickly and easily. is there enough of the 40% of total private jets available to make that a realistic proposition? you can book a flight from anywhere to anywhere westboueas >> exactly. the actual private jet flying around 5% of their life now that gives us a huge amount of supply. and that's where the industry has failed. >> how has the drop if fuel prices effected your business. have you seen a big increase in bookings?

does it not make a difference at all? >> very interesting. when you buy an airline ticket the major contributing factors is the cost of fuel so we don't see a huge amount of advantage. that said we have to sign the supplier and one of my major concerns is the more the price of oil drops the happier i am as we fly around the u.s. >> so how do you make money? what's your cut? >> just like expedia, you go online and you book. when you book we take a small percentage of the fees. >> so the pricing is very much the aircraft operators decision and you bring that together. >> absolutely. we're a marketplace so we allow

however they wish. >> is it ultimately just for the corporate executive? >> not anymore. we're able to change that and a firm belief of mine is everybody should have the chance to travel on a private jet at least once. there's a way it shrinks the world which you have to experience to really understand but what we have seen, i mean, last month we did everything. and all of that sort of thing. >> you're launching in the u. s. this week? >> on the 4th of january. i'll be flying the aircraft via the arctic circle to arrive in maine. from there i'll be visiting 50 states in the u.s. over several months with my team as we get the supply on board and then we'll launch. >> all right. thank you so much for your time. best of luck with your u.s. adventure too.

founder and ceo of stratajet. >> the big short is hitting the big screen. the movie that comes out next month profiles the hedge fund managers and analysts that saw the housing and credit bubble that lead to the financial kai sis and bet against the market. cnbc caught up with stars and asked how the movie changed their perception of wall street. take a listen. >> i think what surprising is that it's still going on now. it's going on at different forms but the same mentality. the same greed is good. the rating agencies are worthless and it needs to be looked at because it could happen again. >> most everything that happens in this movie is really not embellished and it calls itself out what it is. so you can watch it thinking wow this all happened and this is all real and it's a little

jarring in that way. >> i haven't read this michael lewis book but i read others and they're great. i'm hopeful because he's a good writer of this sort of topic. however, all of the films that have come out about the financial crisis have been, i think, pretty terrible. >> it's hard to make this glamorous and it's hard to make it tie jestable for everyone and i'm hopeful that this will be. it has a great cast and the original book is as good as the other ones. by all critical acclaim it is. i'm not that hopeful. >> do you think it's too close for many people effected by the great financial crisis whether you were working or whether you were laid off as part of it? whether you effect it indirectly? with wall street it was very close to the actual aftermath of the great financial crisis. >> that's not a concern for me. clearly you don't want to be soft around the topic of people

that are upset. brad pitt there, he was just saying on the red carpet, the ratings agencies move things too late and we have to bring that to people's attention. come on. he doesn't really care about that? he is doing pr for the film and i think that's perhaps indicative of the way hollywood transmits these films. i'm definitely going to go see it. they have done their job on that front. great cast and the book critically acclaimed. so they have a good chance to make it work. >> i still rate brad pitt aaa. does he get a downgrade from you? >> no, he's still pretty cool. >> top notch rating for me. it's a busy weekend with a record breaker from adele and another hit movie from the hunger games series. the competition is tougher than ever. julia reports. >> it was a big weekend for entertainment. adele's new album 25 is smashing records. her decision to hold back her album from streamsing services

and only offer it for sale seems to be paying off. that one sold 2.3 million copies in the first three days putting it on track to beat 'nsync's record set in 2000 for the largest week of sales for no strings attached by the end of the day monday. 2.9 million albums will be sold in it's first week. a massive record. meanwhile at the box office, the final installment of hunger games franchise dominated. it's grossed about $2.5 billion worldwide but mocking jay part 2's north american gross of $101 million opening weekend is about 20% lower than projected. the lowest opening among the four film franchise. so why the decline? the box office has been packed with other big budget films including the latest bond film spectre and there's more options to watch at home than ever. amazon launched it's original demand and netflix it's second

exclusive marvel series. the bar for going to the movies seems to be higher than ever. >> needless to say james bond gets a aaa rating from me. >> it gets a down dprgrade. i wasn't that much of a fan. >> of this film. >> i thought it was fine but didn't live up to the hype. >> i thought it did. i've only seen it once. but i liked it that much. >> let's take that discussion off air? we can talk about it for hours? >> i know they want us to move on but it's perhaps the most porn topic ever. it's doing very well. the adele album as well. doing well. aaa rating on that as well. not that i'm a music credit. right. we are now being told to get back to markets. there the u.s. futures for you and we are expecting a negative open today by about 52 points for the dow.

stay with us. much more coming up in a couple of minutes.

>> millions of americans prepare their thanksgiving travels. >> another household name disclosing a 7% state in the printer business and calling it's