there's a lot of details that sainsbury's hasn't given yet.ere some hopes they might get a bid today, but i think they will lateswait for the trading to settle them. manus: andrea, thank you very much. anna: explosions that had central jakarta, the worst attack since 2009. let's get more on this developing story. juliette saly joins us from hong kong. juliette? juliette: good morning. a terrible story coming out of the capital of indonesia. at least seven people have died. the police twitter account has confirmed that there have been casualties, although they haven't come through with the number. these explosions happened near a shopping center, a very popular shopping center in downtown jakarta, close to the united nations office. it appears that at least one target was a police host, according to these images. they have been called a senseless act of violence. initially, we saw quite a reaction on the jakarta market, down by 8/10 of 1% following the selloff we had seen the region. but it isll by 1.7%, now trimming those losses in the afterno

sainsbury's reported third-quarter sales that slightly beat estimates.ell 0.4%.sales telefonica has agreed to pay 2.4 billion euros for spanish football rights. the three-season deal includes the spanish first division and the european champions. hackers who say they are affiliated with a group anonymous have claimed responsibility for taking down nissan's global website. it's the latest major japanese company to be hit in protests over whale hunting. a nissan spokesman stressed the company has no stance or connection with whale hunting. guy: caroline just mentioning sainsbury. let me give you the latest from mike. i want to address the issue of home retail acquisition. we will get more as we work our way through the call. it's time for our morning must-read. , a bear, gavech his view on the markets in 2016. >> we will see a continuation of the things that began in the aftermath of the fed's rate hike. we will see market struggle and then create a potentially good buying opportunity later in the year. guy: let's bring back in our global market strategist

sainsbury's has slightly better numbers. shame on me.ing to get it -- through it too quickly. andrea feltz it joins us. she is our columnist on retail. andrea: slightly better than expected. well overs does christmas. no exception today. anna: it seems to be one of the trends we see around this christmas period. andrea: we have sainsbury's always doing well over christmas. a lot of that was coming from alcohol. one trend we've seen over the last couple years is people haven't moved away from the discounts at christmas. they have introduced premium food, lobster, and we have all bought them. lord, do i know that we bought them. anna: i was responsible for the booze. manus: i've had a few minced pies and sweet food. disinflation, pricing is still hard. andrea: yes, indeed. we have this vicious price war. manus: is more to come in 2016? andrea: we could see more to come. andrea:there are forecasts of deflation falling, which should less.d, but i can't see anna: there is some m&a in the future and the crystal ball for sainsbury's? andrea: ri

the other thing is that sainsbury could shut around 200 stores as part of the proposed take over. there's a number of things they're trying to get right in this entire puzzle of potentially buying them. >> moving on, an unseasonably warm winter weighing into the second week of january. it's maintaining a profit outlook for a modest decline because of unfavorable currency swings. shares under pressure on the back of that a little bit lower this morning in trade. >> shall we talk chocolate. >> always. >> it's never too early or too late. >> always. >> let's do it then. 2015 group sales at lindt grew by 8%. that's less than they were expected. they cited a string of tail winds including high raw material prices. and weak consumer sentiment. despite this it effects 2015's operating profit margin to be at least at last year's levels. shares down some 4% in trade. >> and reported like for like sales of minus 0.3% in the fourth quarter. the french super market group confirmed the profit outlook for the second half of 2015 guiding for significantly higher in france than in the year before

reserves now to weather a lower oil price environment and then when moving on you're looking at sainsbury by almost 2%. they're underwellhelming and th move the new strategy is working despite the fact that we're looking at trading out of this stock today. it's a very big macro picture we're looking at at the moment. and they're testing the waters to see what kind of a year 2016 is going to be and whether or not we'll be lead by china and whether or not the focus is going to start shifting guys. >> louisa thank you for that positive back in europe this week. >> now to today's trade of the day, with oil break beg low $30 barrel yesterday for the first time in more than a decade some traders say this battered commodity could catch a break that we're seeing in the action today. our data team crunched the numbers to find out if oil is poised to bounce back based on historical market reaction. it turns out for the past 30 years after decline of 15% or more. crude rose by 3% in the following five days. but after that decline but the odds of a rebound only stand add about 60%. for more you can g