not surprisingly took at beating right after the verdict was announced daniel corp is joining us now in frankfurt to danielle how are investors coping. well how are they coping with all of this this morning there was still some hold but after the news were breaking we have seen shares of the big car makers dropping here on my and chairs of volkswagen b.m.w. and dima they are all down between zero point eight and one point four per cent of course this could be way worse but we also have to remember how many billions of euros in the equity market have been already lost during the diesel gate scandal of course the car industry was alerted we're already getting statements from business associations all purpose also representing smaller businesses or all kinds of negative a effect this could have for the economy and one thing is also sure even though shares were not dry jumping or going down dramatically the value off of diesel maybe standing at home right now has dropped more than their share price of the comic us today all right in front of thank you so much. making our already very smar

but see how spooked our correspondents are by this andrea hang in singapore daniel corp in frankfurt ladies first andrea it looks like the bears are giving the bulls a run for their money in asia or at least. it is happening as we speak asian investors are as you said spooked by such wild volatility that's been happening and this is coming up tonight the long years of a bullish market relatively with very mild volatility that we saw in the last nine years that sit this looks to be what's called a cyclical bear if it does indeed come. a lot of the a lot of times a cyclical bear market involves the threat of high interest rates and it still. looks to the u.s. economy because it highly it's highly dependent on the u.s. economy also growth and not to mention how anything that's happening in the u.s. will to do things will bring down the value of the stocks of asian stocks the value of asian stocks as well as you know a threat to the flow of money into asia considering volatility has returned as and dry is pointing out down or how european trade is managing to keep their cool. well they'r

the reporter the frankfurt stock exchange daniel corp was tracking things for us. investors here to frankfurt stock exchange are rather optimistic again they are quite relieved that we didn't see those massive correction as we have seen it twice this week happening on wall street here on europe volatility will be certainly a big topic next week the market is extremely nervous also will be getting the latest retailer report from the united states as well as g.d.p. figures from europe and also for germany so certainly strong nurse will be needed as well again. valentine's day is fast approaching the flower industry in high gear in colombia to the world's second largest flour exporter this year flour farms there are employing many venezuelans most recent arrivals who fed fled food shortages and hyperinflation. and it doesn't really feel at home in chia close to the clumpy and capital of bogota but she's happy to be earning money even if it's just the minimum wage she's one of more than half a million venezuelans who fled the crumbling economy at home to seek a living

know if those strikes are really going to continue also in the next days ok keep us up to date daniel corp in frankfurt there. if you've been getting through or under the great firewall of china using virtual tunnels known as b p n's watch out experts say the government has launched a crackdown on companies and individuals beijing wants them to use state approved software to access the internet to keep it terrible things. if you're in china trying to skype chat with colleagues in the u.s. think again what about surfing google or using twitter and facebook sorry game the chinese government is banning all virtual private networks or v.p. ends these services help users to bypass online censorship that businesses also use them to move their data securely in an effort to comfy as the government has assured foreign companies doing business there that they can still access the internet using state approved portals. but many firms a nervous about exposing their data to the chinese. this won't impact safety that's because governments telecom companies just provide a channel a network they can't see

and it works within seconds around the globe now let's cross over to our financial correspondent danielle corp in frankfurt to check how european indices doing down there. but actually much better than we initially thought this morning in the morning i really saw very worried faces here off and bester is in the early trading the blue chip index dax was actually forecasted to open with a minus of eight percent well we are still down with about two point three percent very similar picture all around europe but it seems that there's a mass panic than we have seen yesterday happening on wall street where everybody pretty much wanted to leave we are not seeing this here happening at the moment it seems that investors are thinking a little bit more realistic are thinking are with their had to rather than with their stomach they know that the world has not changed since yesterday that in general market situation is still a very good we are not going to see a recession happening but still there are concerns let's see what's happening later on when wall street will be opening their trading day so yes w

the midst of scandals fines not to mention all those losses will his a financial correspondent daniel corp. i know very well that's. not going to bring dr bang back in the winning you know he will most likely how. many people have been for the thing. because of those high bonuses paid to investment bankers. the investment bankers who are by the way already making a lot of money up to three hundred thousand euros per here to be even more money. those two thousand and eighteen are supposed to be again one the bonus electing more again how the bank forming. let's just say though it is that is did not go down well with investors it shares lost over six percent at the frankfurt stock exchange and google parent company alphabet or so blaming the u.s. tax reforms for its poor performance a quarterly net loss of three billion dollars that the traders gave the green light to apple and amazon's record profits. it's all signals go for the titans of the new economy retailer amazon posted its first billion dollar profit that's a remarkable change for a company that issued profits until now reinvesting

let's go live to daniel corp our financial correspondent who's been tracking this on the frankfurt stock exchange daniel what's the market reaction there. but i guess the market here is on one hand relief that it seems that will really going to have this government and that new election that these for the moment seem to be off the table this would have most likely resulted in two and the other landslide the markets today has been slowly recovering from the correction that we have seen on wall street and also from a struggling market yesterday blue chip index stocks right now up with one per cent but yes you mention it analysts and investors here are not that excited about what really this new coolish an is going to do also for business a sea of corporate tax a big issue many of them here are saying that they are actually wishing that we would have see that we would have a similar tax system like in the united states with a corporate tax at a level of about twenty to twenty five percent so yeah they were really hoping for more and daniel is we've been hearing this could herald a shift in

and with that right over to dahlia corp in frankfurt and i hope daniel can hear me already there is investors there also have to digest french economic data i believe inflation in the euro zone slow to one point two percent in february i think that won't please the european central bank. no it's not going to please the e.c.b. it also won't make mario draghi the head of the e.c.b. very happy at all his goal is to keep the inflation rate at a level of two percent for the eurozone next week there's going to be a meeting off the e.c.b. here taking place in frankfurt just a few blocks from where we are and we can be very sure that not too many changes after monetary policy of the e.c.b. will be announced there has been this rumor and many have asked for that for a long time that we might see by the end of two thousand and eighteen accomplis stop off the bond purchasing program this was already had reduced in the last last month from sixty billion euros a month to only thirty billion euros a month but most likely regarding interest rates we're not going to hear anything new here at all ok i believe

and with that right over to dahlia corp in frankfurt and i hope daniel can hear me already there is investors there also have to digest fresh economic data i believe inflation in the euro zone slow to one point two percent in february i think that won't please the european central bank. no it's not going to please the e.c.b. it also won't make mario draghi the head of the e.c.b. very happy at all his goal is to keep the inflation rate at a level of two percent for the eurozone next week there's going to be a meeting off the e.c.b. here taking place in frankfurt just a few blocks from where we are and we can be very sure that not too many changes off the monetary policy of the e.c.b. will be announced there has been this rumor and many have asked for that for a long time that we might see by the end of two thousand and eighteen accomplis stop of the bond purchasing program this was already had reduced in the last last month from sixty billion euros a month to only thirty billion euros a month but most likely regarding interest rates we're not going to hear anything new here at all ok i believe