To reposition . Member ask the board lorenzo if they are consolidating fast enough. Half an hour away from the open of market, where do we think the start is going to take us . Everyone is going to sit on their hands. 180 is the figure we are looking for. You can see the calculation takes us towards half a percent higher. That is what you want to do first thing. Lets take you. President Vladimir Putin has struck a conciliatory tone. The territorial dispute has prevented them from signing it world war ii peace treaty. He told john nichols weight resolving the cant should be part of setting the stage to develop a longterm relationship. Trade andt territories. The problem of a peace treaty like toan, we would find a solution to this problem with their japanese friends. Tune in to watch our exclusive interview and dont miss our special report on monday. The cleveland fed president said there is a compelling case for raising Interest Rates with the u. S. Economy approaching the target on em
On gaining information into the brexit exit. So youre very welcome, i know this is your second gig in two days and that you have told the house of the European Union yesterday on it was a particular pleasure. Which i hope to repeat today. Is that the reason you chose to sit at that end of the building . I did not even do the scheduling. Between your clocks in my office. I dont imagine it was with our clocks. You made some pen a decision to go there first. But that is the general hook that i want to take into my next question which is to examine your assessment of the legal and parliamentary implications of the brexit. Can we confirm that there is going to have to be an actual act in order to leave the European Union . There there has to be some legislation, no doubt about that. There are various stages, firstly with dealing with the European Community in 1972 and all the consequential legislation after that. There mayor may well have to be parliamentary under the relevant 2010 legislat
It did drop from a nineyear high. That is the perspective that we have on that housing data. ,ome sales, the smaller portion the larger portion. All three averages were already trading lower, pulled down by Deutsche Bank and some of the other banks coming out of european trading. Youre going to get more detail from mark in a moment. The twoyear yield, we have been watching that as well in the wake of this report. It looks like it is Holding Steady down a basis point, 07. Oint 0. 74 the dollar showing some weakness although bouncing off the lows of the session, down 2 10 of 1 . Oil continues to be one to watch particularly this week. That meeting analogy years we have been talking so much about in recent days. About whether there is going to be a more formal meeting of opec members. Have beenia expressing willingness to cut its production or at least to have some sort of production target. It seems is contingent on irans willingness to do so. Oil has been rebounding on new hope surround
Then Merrick Garland, very secondspected, on the circuit. And paul watford, on the ninth california. Of so you have an Indian American an africanamerican, and a white guy. Stephanie the republican pushback has been we do not even want to hear it. The fact that president obama is putting forth three candidates t should be acceptable there is so much strife in d. C. David he wants to say this is a respected person. All these people have been confirmed with bipartisan support. So he will say, i dont understand, you voted for them, and now you are against them. The number two part of the dynamic is saying you do not want to confirm at this time. What if someone like Hillary Clinton is named president . They will not appoint somebody who is nearly as centrist as these people are. Do you want to take number two or take someone that you know right now . Stephanie david, this is your house. You used to be part of the Supreme Court establishment. Obamahows if president gets this through, he is
I am francine lacqua. Manus i am manus cranny. Mario draghi says the ecb will do what it must. Where have we heard that before echo do what it must to raise inflation quickly. Francine Downside Risks have increased. His remarks are the ones we heard from governing council members. Manus hans nichols is in frankfurt. We just finished hearing that speech. Echoing what he heard what he said a year ago. This time it is about inflation. Hans he is concerned about inflation not rising high enough. The risks are manifest. The most important thing we heard was him talking about what he may do on deposit rates, signaling their level they can empower an increase the bang for the buck that you can get for asset purchases. A pretty strong hint that you are going to get something on the deposit rate. Confidence. Ius circled it because i was looking for evidence on what he could be confident. He didnt give much confidence he didnt give much reason for any confidence. We are going to have the slowest