we're both here at flacqua and manus cranny.o "the pulse" live from bloomberg's european headquarters in london. china's faltered. bank of england governor mark carney argued that wasn't enough to entertain the prospect of higher borrowing costs. here to look ahead to the bank of england rate decision, our london business school professor and bloomberg chief european economist jamie murray. first off, if you were on the m.p.c. today, would you hold off to have a better idea? >> yes, i would hold off. i would wait for the u.s. the bank of england says they to wait for the u.s. francine: for the fed to actually raise interest rates? >> i think it is inevitable that the u.k. has a smaller economy, has to be kind of following the u.s. plus there is a lot of reasons to you know, concerns. manus: jamie, we catch up regularly on this. give us the house view on terms of what level of dissent there might be. last month it was 8-1. speculation out there from morgan stanley that it could go back on hold and that housing could be possibly v

hans nichols is in berlin and i am @flacqua. what european stocks are doing. 6%.x 600 down two point the plunge that led to europe's equities, their biggest monthly loss since 2011, is showing no signs of easing. the dax in germany the biggest to sell off. down almost 3% and down 2.7%. miners resuming their retreat. back in two. ♪ francine: welcome back to "the .ulse," live on bloomberg tv german chancellor angela merkel is calling a news conference with the spanish prime minister rajoy. merkel reiterated her call for a fair just to be should but ra will not increase quotas. hans nichols joins us from berlin. hans: we just heard something interesting from angela merkel. or are parts of the german economy that has labor shortages. she said this in the context of the refugee crisis. you can see where merkel is trying to eat her country, they have a need for workers and should have open borders. more broadly speaking. she wants to have some sort of distribution system across the entire continent. making the economic argument, the h

you can tweet me at flacqua.nichols is at hans nichols and guy johnson is at guy johnson tv. ♪ the bank of japan keeps monetary policy unchanged refusing to deliver stimulus despite a shrieking economy. shrinking economy. we are live at the frankfurt motor show. and deutsche bank is said to be losing 20,000 jobs, a quarter of its workforce. good morning to our viewers and good evening to those in asia. i'm francine lacqua. this is "the pulse" live from london. let's get straight to mark barton. mark: the expectations components of this index is the disappointment because economists were going for a number of 18.3, which was still down on the previous month 25 points. it has fallen as much as 12.1. expectations has come in at 12. 1, down from 25. the current situation there has improved because the survey which is an investor expectations survey has risen to 67.5. the expectation was further survey to slightly decline to 64. so, the current situation has improved. actuallytation has slumped. let's see how the euro

tweet me at @flacqua. hashtag #thepulse. u.s.e said to be under antitrust scrutiny.sking whether the tech giant stifled competitor access to the mobile operating system. google shares are down in premarket trade. volkswagen's board expected to name the successor to martin winterkorn today. 27 u.s. states have begun a joint investigation after the carmaker admitted to cheating. the bank of japan's main inflation gauge fell in august. boj is back-- the to her it started two years ago. shinzo abbe is speaking live in tokyo ahead of his trip to new york to attend the yuan general assembly. at who may be next to drive vw and whether they can er the company back from the brink. how many iphones can apple sell? the demand for the mobile. ♪ francine: volkswagen's board is expected to appoint matthias mueller as its new ceo layer today. after admitting to cheating on emissions tests. we joined by hans nichols at volkswagen headquarters in wolfsburg. is outside a dealership in london. is appointing matthias mueller a step to recover? he is still kind of within the group. the m