since 1990 hasly punished profits. sees steady demand from china and expects things to improve by the end of the year. reasonableeing things going into china. product is getting place. we are selling production quite a few weeks ahead. there is not evidence of an inventory build. we see something that is steady as she goes. scarlet: new zealand has reported a full-year profit of $212 million. the airline is under growing pressure. shares are currently falling. samsonite has reported sales half,ose 17% in the first $1.2 billion. fromted net income fell $97 million to $94.4 million. we are going to talk more about those results with samsonite's chairman. timothy parker will be joining us. that is an hour from now. stay tuned for that. still ahead, a problem for the ages. our next guest says china's latest market intervention may be a dead cat bounce. when first up comes back to you in two minutes. ♪ scarlet: atomic energy chief's have hailed the deal with a ran saying it is a historic opportunity to resolve long-standing

what hasly confirming started to become conventional wisdom over the past several days of we have hadna devaluation of the rate cuts and the swoon we have seen in the markets. bill dudley saying a decision is less compelling, though he says it is important not to overreact to the market development at he says the data has been pretty positive recently. that that is not just about economic releases, but everything, he said. the fed is concerned about everything that affects the outlook. international and financial the moment can impinge the outlook. financial market moves can affect u.s. growth or but really, again, the most important of these is the decision on a september lift off here he says it is less compelling. olivia, i know you have been watching as i have, the fed funds futures. a way for traders to bet on when we will see a rate increase. the latest i saw was a 28% chance that the market is pricing in an increase in september. 35% for october. now about 51% for december. we will see how significantly after theses change headlines. again, he is essentially confirming, or givi