people who has the data exfiltrate did. o we have a lot of work to do in this agenda to the internet of things that makes it even more difficult when a potential adversaries might be able to take over the vehicles were ships were airplanes. so this is an area in which we have a lot of attention and it is being, and i believe, i can assure you that it's from the president on down, we'll look at this very, very hard. >> we have time for about one more. >> hello, deputy secretary work. considering the complexity of the budgetary process and appropriations, what do you foresee as a way for the type of innovation that takes place in the private sector in the united states to have a convergence of technology sometimes to provide solutions to those challenges facing the department of defense speak with this is a great question. is something secretary carter hasn't been a lot of attention to it as you sit in the op-ed for this very event and he believes that there are too many barriers around the department of defense and the ideas

the u.s. nonindustrial data, versus the u.s. industrial data. you see that clear divide. en you lift the lid on inflation, d.c. another story? >> absolutely. the pressures that are materializing on inflation are originating and the domestic sectors. they have prices running shy of 3%. that is about it percent of core cpi. you have the headline cpi being dragged down by energy. what we think is going to happen early next year is it will fade the energy, negative contribution. these underlying forces will take more prominence. jonathan: how drastically then? will be rebuild be going into next year? >> the market is skeptical. the market is worried inflation is low. very fixated about oil prices. -- betweena strong the vti.ium and the bti is taken as a gauge -- wti. wti is taken as a gauge. jonathan: the bond market is a similar story to central banks. the international aspects are lower. i know that is your theory. what is the more dominant theme going into 2016. it's a deep theme -- is it the strength of the domestic economy? is it the international factors echo what happen

is fluctuating but you know we don't have this program all over the city we said to share that data so you can see yeah. >> okay i think one of the areas we did want to share some detail with you is the mission the program in the mission the program in the mission had a combination of both j.c. growth and the pit stop and they've the pit stop is more located closer to 16th street and cap and the other on the bart plaza but from just when we started the pit stop program on 16th street and cap street we've seen the huge increase by 51 percent and on the j.c. coffee toilet on the plazas we've seen an increase as high as 92 percent so that's 92 percent matt haney going above double the number of flushes in the j.c. corridor so that tells us we've found this in our locations the having staff at the location and making sure that it is clean and available for when people want to use them more people are using them and the number of flushes increasing because of more use the next slide just shows citywide where we have the various types of toils the greens are the j.c. coffee and the ones in

is fluctuating but you know we don't have this program all over the city we said to share that data so you can see yeah. >> okay i think one of the areas we did want to share some detail with you is the mission the program in the mission the program in the mission had a combination of both j.c. growth and the pit stop and they've the pit stop is more located closer to 16th street and cap and the other on the bart plaza but from just when we started the pit stop program on 16th street and cap street we've seen the huge increase by 51 percent and on the j.c. coffee toilet on the plazas we've seen an increase as high as 92 percent so that's 92 percent matt haney going above double the number of flushes in the j.c. corridor so that tells us we've found this in our locations the having staff at the location and making sure that it is clean and available for when people want to use them more people are using them and the number of flushes increasing because of more use the next slide just shows citywide where we have the various types of toils the greens are the j.c. coffee and the ones in

we use the data to drive up ticket sales. we sold 10% of the rolling stones tickets for the last tour. all of the advertising quietly in a matter of days. we did live streaming promotions that have driven album purchases. yes, people actually buy albums in downloads. you, probably none of is.know who owed adeza we identified them. is. don't know what edm >> it is a new genre, focused on millennial's. itmade a tour for them and sold out in a matter of minutes. data --ng what the know, we have created a great service with it. to, we are taking the data help apply traditional aspects within the music industry and looking for new ways to do it. sound ishat next big about. they connect a variety of music, not just from pandora, to social data. how are the outlets connected to listening? how can this help the artists to promote a new song, to help a label promote a new they promotew can a festival? that is how we are talking about the data. >> you 10% of the rolling stones tickets? through ticketmaster? >> they linked their site to

hans nicholsmanus: on the data in berlin. francine: their company is the european head of global market research. he joins us now, derek. give us a sense of what the pmi figures tell you. do -- does it need to rise? is executed in december a done deal at? >> i think it is a done deal. the data was good but the projections from the ecb are pretty much on the growth side, not too bad. the data that has come in since the last projections, the gdp estimates, looks like it could be surpassed. the concern is not necessarily that the growth picture has changed. the global picture has changed. the downside of risk going forward have raised the concerns. in circumstances where there has not been any uplift on the inflation side, i think the risks have deteriorated. that is why we have the key medication which is signaling -- the communication which is signaling. they are not happy and they want to do more to reach their inflation gold. manus: what would that be? you say divergence trade is not fully priced in. derek: there is a long do

>> no, that's the summary. >> part of the thesis is the way that data is changing, the way that data may be changing the business model. so i would like to ask mike with pando pandora how this has begun to change -- information and analytics might be beginning to change their model. pandora has given artists and managers data to make decisions. pandora purchased next big sound, which describes itself as the leading provider of online music, analytics, and insights. pandora started with the music genome project. it was sort of based on some kind of algorithms from the start. how has big data and all this information affecting the way you look at the business? >> well, so pandora is largely known as an internet radio service, personalized radio service. and that's how we deliver music to listeners. 80 million listeners a month just in the united states. we've been doing this now for ten years. the launch of pandora radio is next month, the anniversary. people think about us in context of the music genome project. the reality is the 50 billion times in the last ten years the 120 million

we hit the midweek there. no economic data points today as the bond markets are closed for veteran's day that includes macys before the opening bell t. chinese internet giant and fast food chain pop eeyes after the close. still to come on the program, the gop presidential candidates square off in milwaukee wisconsin firing shots at hillary clinton and taking a firm stance against increasing the minimum wage. >> if i thought that raising the minimum wage was the best way to help people increase their pay i would be all for it but it isn't. in the 21st century, it's a disaster. >>> alibaba sells $1 million in merchandise in 8 minutes. the biggest shopping event of the year. the euro slipping against the u.s. dollar ahead of a speech by mario draghi and mcdonald's won't spin off it's properties into a real estate investment trust. >> an announcement from the attorney general's office late on tuesday afternoon, ordering daily fantasy sports sites to stop taking bets in the state. their operations amount to illegal gambling. now le

one is to ignore the scientific data and continue business as usual. the second is let's try to do something about it, assuming that given some of the possibilities, somewhere life has emerged. life is also evidence that on earth emerged very early after the earth cooled down. and we have 3.5 billion years to have 3.5 alien to go. other possible is existing around the world have many more billions of years. this is one. second is we now have the equipment and software to analyze data at the rate that is much greater than any previous effort. this effort will be able to analyze the data in a day, as much as any previous effort in a year, because of the software and hardware. and also something that is routinely not appreciated is to communicate between civilizations is actually cheap. i have just prepared a couple of slides to demonstrate. if you just call the first slide. >> can we enough the next slide? >> actually, the previous slide. >> the previous slide. >> this is the largest telescope on earth. it is in puerto rico. it is 1000 feet wide. we have

and that is like - brings all the data into question. entist we want to make value judgment. they don't give you accuracy. >> could it be a difference of strides. >> i'm bringing the same amount of calories. it doesn't spend a lot of time educating you on what the data means and how to interpret it. >> i tried out the fit bit. it was higher in terms of the step count. you can check it. you can watch it tally up the steps. you are trying to develop a lifestyle of habits. using this and the app. from green stadiums to birds with goggles, i check my pulse. talking about the science, my heart is beating a little faster. for more exciting innovations join us next time on "techknow". go behind the scenes at aljazeera.com. >> we're closing that cycle. it's very easy for us to have 100% recycled material. >> we're the first plant in north america to be energy positive. >> a lot of these small businesses are recycling for economic reasons. >> techknow's team of experts show you how the miracles of science... >> this is what innovation looks like.

learning algorithms in the data from the patients in order to do this. let me mention one last thing. in some ways the one that is most like to affect you in your everyday life which is going down to -- these days where you have is a system that recommends music for you based on what you have done with netflix. amazon recommends products based on amazon and there are penciling of these things. but all these companies would like to have and what they're they are doing right now is trying to learn about you please trying to learn that 360-degree picture view, who who you are and what your tastes are and what you do so at every stage of your life forever decision you have to make whether it's picking a movie to see our house to buy, this model if you will then be able to put postings for you and help you go from 1 million options to just a few to look at. again in order to be able to bring that kind of model we need more powerful learning algorithms we have today. once you have that it will be more dispensable two then your smartphone i

is fluctuating but you know we don't have this program all over the city we said to share that data so you can see yeah. >> okay i think one of the areas we did want to share some detail with you is the mission the program in the mission the program in the mission had a combination of both j.c. growth and the pit stop and they've the pit stop is more located closer to 16th street and cap and the other on the bart plaza but from just when we started the pit stop program on 16th street and cap street we've seen the huge increase by 51 percent and on the j.c. coffee toilet on the plazas we've seen an increase as high as 92 percent so that's 92 percent matt haney going above double the number of flushes in the j.c. corridor so that tells us we've found this in our locations the having staff at the location and making sure that it is clean and available for when people want to use them more people are using them and the number of flushes increasing because of more use the next slide just shows citywide where we have the various types of toils the greens are the j.c. coffee and the ones in

and then the data -- i said it right the first time. data and goliath and they are all going to be back in the room in just a few minutes. so thank you all for coming out. [applause] >>> now want to introduce you we want to introduce you to the university of wisconsin professor john diamond. what do you do here at the university click >> university click >> i'm a professor in educational leadership.

they are watching the data. f the central banks is that they are slowly edging toward the first rate hike. the fed, probably in december. for the bank of england, i still think february as possible if the u.k. data holds up nicely. we may get a slightly stronger report on fourth-quarter gdp in the u.k. ,f the market takes a fed hike a february rate hike of the bank of england, i would not rule that out. francine: we talk about policy mistakes. is it more of a concern that if we wait too long to normalize, to start normalizing, that the hike, the interest rate hike, will have to be much more rapid than gradual? if we delay and then we realize the economy is much stronger than we thought, we are going to go to 0.5% to 2% very quickly and that may stifle the recovery? thatr: yes, there is risk we may have to do more in a rush . i don't think inflation would be such a problem that the central bank would be forced to do as much, but actually, after such a low rates, you want to start gradual. tom: are there bubbles ou

for example, the ucsf, a doctor who took the data didn't open up the door and then take a piece of data, she took it off site so it is the taking the data off site i'm speaking to. we do a lot of it and trying to get in front of it. >> commissioner. >> thank you very much for the excellent presentation. i admire people doing compliance and learned to welcome it. the knock on the door saying this needs to be checked because i know you are keeping us out of trouble and risk free and improving quality cay. my question is you said address legal barrier or legislative barriers regarding 42 cfr. what do you do to address legal barriers regarding that? it is a federal statute, are you addressing it at that level or more at the implementation level 1234 >> we are looking how taaddress it with what is on the legislative ajnda nationally to how do we do whole person care when a big piece of it can't be shared and so how do we get people to come in and say this the way we work and how authorization that allow us to share that information. from here to here. >> okay, thank you. >> [mic not working]

some of the data came out last month so it takes a while to compile a full year of data. aprieveia what is going on since then, the state now estimates the unemployment rate at 3.2 percent, which is typically we think around 4 percent is full employment, so our unemployment rate is quite low. as always, the report and data are available on our website, sf planning.org and with that i'm happy to take questions or comments after public comment. thank you >> thank you. open for public comment. going once, going twice. okay. public comment is closed. commissioner antonini, i did have a question to maybe i'll ask the question first. you may have heard my voice message. as i went through page 34 you showed the history of the population of san francisco and there were a couple places where i think it is a error because it shows a population of 856,000 and the year before 845,000 which i dont remember happening and i think it is the highest population we have ever had at 845.6 in 2014. >> i did look into that and-the state department of finance-we are fortunate in california that

for santa clara so i'll say more about the difficulties later but for now getting the retiree datar that the divisions within the county that administer the health benefits for active employees don't necessarily administer the retiree benefits sometimes the people we get data didn't have answers didn't get them in some cases no questions page 6. >> okay similar to page 5 we're looking at medical premium costs and county tricks with employees with medicare and dependents that are medicare parts ab we're taking o take into account the fact those are not adjusted san francisco contributions are generous not the most generous of all itself counties but we stack up well against the others then we move on to page 7 we look at the premiums and retirees that don't have medicare we see the most difference for san francisco excuse me. >> so looking at page 7 we're talking about the average monthly medical costs and counties tricks for retirees 0 both don't have medicare and even though we take into account go what your data didn't account for we see that san francisco contributions are the m

and goliath the hidden battles to collect your data and control your world." is also a fellow here at the center at harvard law school which many of you probably know about the center and its work in technology and innovation. and then gabby -- gabriella blum is the process of human rights and the american law at harvard law school where she focuses on international law, negotiations and the law of armed conflict which is also the faculty director of the program on national law. her new book of which why isn't it here, i know because i read it, i want to get it right, "the future of violence: robots and germs, hackers and drones - confronting a new age of threats" is a recent contribution to this notion of asymmetric threats go these new things that are coming that are not exactly army but they are as risky sometimes as foreign armies. i want to start with jessica. ihe details all of it about your book and research is something we talk a lot about today, isis. >> thank you so much. i think i would just do what i think is new about this org

some of the data included downward revisions to prior reports. so, consumers not as upbeat, and they aren't spending a whole lot ahead of the holiday season. ug. and all of that prompted wall street to lower their growth outlook for the fourth quarter from 0.3% to 2% as updated in the rapid update. ug again. but the data also showed jobless claims falling and personal income surging 0.4%. private-sector wages, they had their best gains since may. now some simple math. if income rises strongly and spending doesn't, it can only mean one thing, the savings rate has to go up. that's exactly what it did. savings hit its highest level since 2012, and oddly, that's what makes economists optimistic. economist ian shepardson says the savings rate spike will prove temporary because consumers are well placed for holiday spending. with job growth looking healthy, consumers should be in good financial shape for the holiday season. >> what i would say is one of the things we've been sort of pounding the table on for quite a while now is the idea that wage gains

the market is really just reacting to whatever data out of the retailers. use there's no economic data. >> going out with a slight gain there. we will be here friday from noon eastern until 2:00. you can join us on closing bell. meantime, we have american express ringing the bell at the big board. stay tuned for hour two with kelly evans and company. happy thanksgiving, everybody. >> thank you, bill. welcome to "the closing bell." looks like the dow will do that, just barely. we'll see how things shake out. the s&p turning negative. still around the level of 2089. the nasdaq adding 13 points for its part. financials the best performer so far. the dollar index on quite a tear. commodities beaten hard. a lot to digest, and a big week coming up. joining today's panel, we do have our own mike santoli and kayla. what do you make of some of the things that this market is digesting in. >> obviously, we're holding on to last week's gains. i think that's most of what you can say. seems like people are transitioning for what's traditionally year-end trade. and taking

there's a couple of amendments to the original resolution that draw from data and also kind of put forward bringing it up to speed on the different budget allocations that we have made as a board to increase that shared responsibility of taking care of ocean beach and i'm going to read the quick amendments before we open it up, and we have a number of speakers that will come forward that have been working on this issue for many years and some for decadeses so the ocean beach amendments page one lines 19-20 it acknowledges the budget allocations that the city has made to help the national park service with clean up so it says at lines 19-20 "whereas in the spirit of the ocean beach's welfare the city and county of san francisco allocated $50,000 to the parks and recreation department and add in an additional $185,000 in fiscal year 2015-16 to conduct janitorial and maintenance services in a robust outreach and education campaign to ensure compliance with regulations" and the second amendment page two, lines 1-2 "whereas from calendar year 2013-15 only 15 citations were issued by the nationa

if we take a look at the recent data u.s. incomes are set to fall 36% this year to the lowest level since 2006 so obviously farmers are buying less pesticides. these big six companies that are really dominant in that space they need to team up and cut costs and combine their rnd efforts. something has to give. in monsanto is not going to be part of consolidation maybe it's syngenta and dupont and dow chemical could find a deal maybe they'll be left out in the cold. >> yeah. there's regulatory tie ups to get to. they would control a huge portion of the global market. they would control 27% of global pesticide sales and in the u.s. there's antitrust concerns because they control 35 of u.s. corn seed and soybean markets. can you imagine getting bigger in the u.s. market in those particular sectors. >> they would be pretty powerful, wouldn't they? >> and i'm sure regulators want to have a say here but if we see these tie ups involving dupont or dow chemical would it please some of the activist investors too because there's a lot

emily: let's talk about the future of 23andme. you share data with pfizer. goal is to incorporate the data into drug discovery. how is the drug invention program going? anne: i love it. i am excited about it. for people who have a disease, parkinson's is obviously one. or multiple sclerosis or chronic fatigue or any of these autoimmune diseases, if we can use this data to translate that into something meaningful, that's ace tactile or reward for -- that is a spectacular reward for our customers. emily: i know you are doing a lot of work on lupus. anne: we are working on lupus with pfizer. we have a number of partnerships we are doing with pharma companies. lupus and inflammatory owl -- bowl disease and parkinson's, we are about to launch a few others. emily: are you going to do human testing yourself here? anne: it will react best if we come to them with a target. there will be a compound with some clinical background, some data about how that's functioning. there is a higher likelihood of success if we can come with that level of information and move that fo

the irish data protection authority is telling mr. schrams that it doesn't have any duty to investigate this case. is that right under eu law, or is it the case that despite the decision of 2000 by the commission that rules on the side or the data privacy principles are equivalent to the rules on the european side, despite this 2000 decision, is it the case that still national data protection authorities have a duty to investigate a claim by citizens. the reason why the court takes that decision is to say under eu law and under european charter for fundamental rights you need a right of redress. also the right to privacy and the protection of personal data is a fundamental right in the european charter and for national authorities also a duty to enforce compliance of that right, if you want. so by combining in the directive with the charter, the court comes to that conclusion. to come to that conclusion, the court also says since mr. schram's case, the decision of 2000 is invalid, and the high court in dublin seems to go along with tha

the industrial output data and the regional sales data have not really impacted the currency much there. it gained before the data was out. it also was up 8/10. yen alsoese strengthening today. gaining 2/10 of a percent there. and we are hearing from macro currency group saying that the strengthening, given the rising volatility. that has outpaced the dollar. some of the movers i want to take you through today. trading at a record low, look at that. a plunge of 7%. it could drop as much as 50% year on year. recordthird quarter profits, gaining only 2% there today. hon hai losing 1.3%. october sales rose more than 7%. i'm looking at them because they are an apple supplier. isse saidt suiteu orders had weekend. akend. anna: let's get more detail on china. it match the weakest gain since the global credit crisis. accelerated, and this underscores the gradual shift in the economy towards greater reliance on computer spending. today is also singles day in china, an online shop up on which has seen alibaba make $5 billion in sales during the first 90 minutes. let us get a look at the data wit

will we see a jump after the export data out of germany? we will take a look at some of the stocks we are watching this morning. a lot of corporate news coming out today in europe starting with continental europe's second-largest tire maker. third-quarter profit grew 11%. coming in at 1.0 8 billion euros. what helped to this company was weaker commodity prices but also a weaker euro. and sort of a line with what michelob is saying. the biggest competitor. european a u.s. car sales that helped it. slowing demand in china. we will wait for that to move. shares, we saw the jump in johannesburg, the biggest intraday gain since october on the back off the $407 million right off of the company previously warned that it was on the brink of collapse in and we could see thousand more job losses. and was of as much as 20% does not seem to be moving at high yet. bhp, are we seeing a third day of the clients? the ceo is going to brazil today. prosecutors looking for the suspension on licenses at the iron ore venture. deutsche bank is saying clean up cos

you're looking at the data. on the other hand, most of the investors out there are really listening to what these fed speakers are going to say. >> we need to look at the data and i think that many of the data sources that have been available to us so far have been very survey paced meaning that people are asked, when people are asked what are you doing with the savings at the pump, 70% will say we're saving them but we can see that's not true. but aggregate data based on service i think are going to be insufficient and we do need to turn to the kinds of data we're trying to put forth. >> thank you very much for coming in to talk to us today. president and ceo at the jp morgan chase institute. >> that's it for today's show. time has run out. time flies by with you. >> we'll be back tomorrow. >> that's right. >> same time. same place. >> exactly. >> this is carolyn. >> and you're louisa. >> and we'll see you tomorrow. (vo) what does the world run on? it runs on optimism. it's what sparks ideas. moves the world for

. >> i think it goes to the quality of the data. the verifiability of the data. the accuracy and truth of the data. >> reporter: in september the bayer the company that sells essure. fda spokeswoman said the agency does not comment on pending legislation. fitzpatrick said the fda should not wait to see if his bill passes. >> fda can act on its own. it has bad data go back, take it off the market. >> we're american people being harmed by an ineffective and dangerous medical device. >> reporter: representative of bayer sent us a statement saying the benefit-risk profile of essure is still positive. bayer says it is considering the fda panel's advice regarding further research. back to you. >>> it's time now for another look of the weather. what a beautiful look it is. >> lovely look. lovely view. especially behind you guys. the sun has set and pretty nice out there. temperatures in the 60s. fall through the 50s later. back up to 70 again today in midtown. empire state building has a beautiful color of orange for food bank for nyc and 10th anniversary of go orange to

when you look at the area of manufacturing, that data was weaker. is not germany that is driving this. france picking up a little bit. are ones saying you dollar 10. manus: the ak party swept back into office. his party has now regained the parliamentary majority lost five months ago. this get to tom mackenzie who is in istanbul. tom, give us the details. manus, there was widespread shock and surprise last night when these results came through it they were gathering -- they were gatherings of happy ak party members. kurds are unhappy at these results. beatingarty found it the forecast by the polls. they won that majority. they wanted easily. they even pullback votes from the hdp party. they were forced into coalition talks. -- it is ardogan gamble that spain off. since june, we have seen tensions and violence. we have seen the truce breakdown, leading to a number of deaths. we have seen bombings blamed on the islamic state. one bombing in anchorage -- and -- a blackoutg for pro-kurdish parties. werek party and earn a one .- and urdu want the questio

that is consistent with the data. ttle or no effect apart from potential signaling that it provided regarding the fomc's outlook for future policy setting. >> inflation expectations are under downward pressure. ofe survey measures long-term inflation expectations are at the low end of the ranges we have seen in recent years. the there those were is fed voi -- various fed voices. when will the fed tighten? december 66%. the probably in europe that we go for an easing is locked in at 1997. 1994? anybody going for 1994? andrew, when you look and listen to the voices that we heard yesterday, help me whether i have got it right, taken everybody, look, buckle up we are going for lift off. panicking a stop crying at the back because it is not going to be aggressive. >> that is exactly right. the fed has signaled it was to get off the zero. the data has been good enough to get them there. that has been our view at morgan stanley for some time that they will hike in december. they have been clear they want to move at a moderate

or anything else as other communities assembly david chiu was able to get the dwofrn to require the data collection at the state level and working on similar legislation to compel all the city departments to collect this data as people are willing to provide it, it is unfortunate the departments don't do it voluntarily but we'll compel now on a data this is important not enough lgbt people are in affordable housing but moving beyond in terms of supervisor kim's question that is quite important in terms of of the preference it is great that moe is now requiring a marketing plan the preference for all affordable housing its been a long time coming but it pertains up a boarder issue i think this legislation begins to address and this is for way too long for our affordable housing policies the board of supervisors has essentially designated to the mayor's office of housing and community development almost complete and utter control in the decision making authority about what we have lottery how to do it and the preferences to apply or not apply with respect to moe he have a lot of respect th

and pharmacy is fragmented, so they're not able to see the medical data. that would be something that would be helpful with that indications-based prescribing. the nice like system is a private sector nice, as i mentioned earlier, asco, the nccn, icers, they really -- >> in case anybody doesn't know, asco, oncology association, the national comprehensive cancer network, nccn, and issers -- >> institute for clinical economic -- >> clinical economic research, i believe it is. >> steve pearson. >> a private sector entity doing analytic comparisons. >> so the challenges with someone like in the public sector or private sector using that information for decisionmaking, you know, can be challenging. and there's need for, you know, support from policymakers. what i do like about what asco and nccn has done, they've given a tool to doctors and pharmacists and other health care professionals who are with the patients. then they have the discussion at the point of care which actually helps make that -- that decision, you know, at the point of service, point of care,

we are expecting a fuller picture later in the week with a mastic data -- the mastic data. shery: it was a better picture of what the global demand is like, especially in china. >> at least the flow of money out of china seems to be eased. we had a massive slump after august. take a look at august, when we saw the devaluation from the pboc, over $9 billion in that month. , or is actually stemming snapping, five straight months of decline. this tells us a lot. we had the stock rally, up by over 10% last month. it's best performance since april. the recovery helped money stay in china. a number of new policies from the chinese government cracks down on illegal money transfers. that seems to be bearing fruit, as well. this bodes well for china's efforts to get included in the ferc. it is showing confidence in the u.n., which saw its biggest gain in october. stability is returning to china's foreign-exchange reserve. relief tocome as some chinese policymakers, when the rest of the data is really looking dire. shery: thank you. the latest chinese trade data out over the weekend.

will be set for the nda in the first quarter. >> the data you have in your presentation which by the way, if you want to know about this company beforeou just go buy it or think it's a takeover target, go through it. they have -- it's an incredible amount of data. the placebo versus, this is about as convincing as i have ever seen. it's harto imagine anyone i think in the government saying wow, you know what, we got to give this another couple of years. >> well, we have what we need to submit now. we are super excited about these data but remember, we also have our transdermal patch. that's a trial we're starting in december which will take the data we showed in animal models into humans to ask have we found a patch configuration where it's bioequivalent to our daily subq. when the drug is approved, we will submit the line extension to also make a patch available. >> we know people are much more comfortable with a patch. this is a 3m patch which is pretty cool. they wouldn't just ally with anyone either. i can't have you leave without talking about rad 1901. it looks like things are

i can i get excesses -- i can get excited about french data. theerman data especially more in that it is the real contagion bellwether for me in terms of china. am i misreading? matthew: about one third of the euro gdp is from germany. germany is the most important data to watch for. the lack of growth is france. the french data has been mixed at best. today's reading is a slightly positive as best desk positive at best. positive atk to -- best. when we speak to companies, they tell us that france is a pretty soggy geography. the buildings and materials company warned, licking their shortfall -- linking their shortfall to a lack of traction. manus: you cannot bet your whole against on a euro being one dollar by christmas, according to goldman sachs. forgive me, you cannot base a whole and you factoring industrial services industry on mariota draghi getting the currency lower. absolutelym to be lacks to that. the long-term medicine has to be structural reform -- matthew: the long-term medicine has to be structural reform. if you look across europe,

that is the third straight reading below 50, which indicates contraction. dataeased on sunday did show a pickup in the construction sector. revenue fell for the 17th straight month despite an increase number of visitors to mccalla over the golden week holiday. over the to macau golden week holiday. it was a bigger fall than analysts were expecting. china, japan, and korea have put aside three years of strained relations and declared complete cooperation to shore up their slowing economies. these were the first trilateral talks since 2012, which word -- which had been suspended over territorial disputes. news out of australia. we are taking a look at october td inflation. on theins unchanged month. on the year, the index rose 1.8%. let's see how the aussie dollar is reaction to that news. here is juliet. good morning. inflation certainly not looking like a problem in australia, but we are seeing reaction in the aussie dollar. much.s. dollar has not had of a reaction at all to the security gauge. we have seen the aussie fall a little bit since friday. analysts ess

the fed is just trying to make a decision meeting by meeting so they're monitoring the data. markets are missing at the moment two important things. one is improving financial conditions. various pressures are pointing at sustained easing in those conditions and that could make it easier for the fed to hike rate and the second thing is the payrolls themselves. they responded to the weaker than expected october. indeed september and october payroll which is are well below 200k. if the u.s. is in full employment there's research for these not so long ago arguing that we do not need 200k necessarily. so by implication, it could suggest that the market have maybe overreacted to the latest weaker data and indeed the signals from the fed. >> although we have seen following the hawkish tone from last week's meeting we did see against the euro. we've seen the strengthening of the dollar and yields on the u.s. bond market tick up suggesting there's some pricing in of the more hawkish stance. however let's move on and touch on the aussie dollar. quite a big move today to the upside when

we see the official data. saw a report earlier from the chinese news agency saying the president is still talking about 7% growth. anna: we keep hearing this number being floated. 6.5%. some sort of minimum growth requirement for the next five years. that almost seems to the where the chinese government are going to land on this one. that would raise questions for you. jane: it would. can they manage that? china is having huge domestic expansion. anna: the second-biggest already. jane: so naturally, you will see growth levels coming. but when the economy is starting from a bigger base, it is natural that you will see some pushing and still accommodate huge amounts of employment, which is what china needs to do. talking about 6.5%, -- anna: the chinese government has said the changes they made to the yuan, that was structural, cyclical, wasn't trying to boost exports. the same report saying the government will have to devalue the currency by another 25%. jane: perhaps. we could see a very aggressive devaluation

beyond that, we are still trying to collect and sift through the data. reporter: you said you have the ability to track all aircraft in the region, so correct that you attract this russian flight on your radars and would have also track the turkish f-16s, is that correct? col. warren: that is correct. we have situational awareness in the skies completely. reporter: you said that the u.s. didn't see the incident, but what did the u.s. hear. the turks are claiming that they issued 10 warnings within a five minute time span, does the u.s. confirm that? you said at the border, but it sounds like it could have been on either side of the border at any moment as it was flying through that narrow stretch of turkey that descends down into syria? has the u.s. been able to confirm that one of the russian airman was killed, and was the other one rescued by u.s. helicopters? does the u.s. know that? col. warren: we don't know the status of the two downed russian pilots. again, we have observed local media, social media, etc., but we do not -- we are not in a position

and we cannot study the problem without reliable data. i urge you to continue to press your state and local partners for consistent and accurate reporting to the national incident-based reporting system. just as we must rebuild trust in certain state and local law enforcement units, we will look to your testimony today to reassure us about a number of programs and activities at the fbi. earlier this year, the public noticed a small plane flying in a tight pattern directly over the sight of unrest in west baltimore. other reports from other parts of the country, including my own district in detroit, raised questions about the presence of similar aircraft. the fbi has since confirmed the existence of its aerial surveillance program. on june 3rd, 15 members of this committee wrote you to ask for more information about this program. your team provided our staff with a briefing soon thereafter. but the public still has many questions about aerial surveillance. and you've said that there is a great deal of misinformation about this program. i wo