Things that goes to john cryer. We are less than 30 minutes away from the European Equity market open. Lets ticket look at the terminal and show you a bloomberg is telling us about what that open will look like in 29 minutes time. It looks like the market is going to be opening on the front foot. A positive open for europe this morning. Around. 6 for the london stocks. London and paris are slagging a little bit. European markets were fairly flat yesterday. As a result of which, if fairly decent start to the day. What else is going on, matt . Matt you are seeing the aussi job by the most in more than a month after we got the minutes back from the rba meeting, suggesting they will stay put for the next meeting to look and see what their moves have done so far. Crude oil jumping to basically a sixmonth high. Look at nymex crude. U. S. Eculations that stockpiles will continue to fall. And then gold down. We have more big names added to the gold pile. We have heard from druckenmiller, who t
A very warm welcome to countdown. I am anna edwards. Manus i am manus cranny. There is a relief rally in the turkish lira. A tremendous level of volatility we have seen since the close of business on friday, a military coup attempt in turkey. If you want to understand volatility, this is it. The oneday move on friday, comingmazing pictures from turkey you saw the lira really take a hit. The market saw the biggest drop, turkish air dropping the most in eight years. We recouped some of those losses. Of question is the flight capital, will it continue, or erdogans grip on power convince investors . Goldman sachs say they have lowered their lira forecast. Anna its a country with a big current account deficit. That is why the flow of assets really matters for the company. The country. The government is trying to reassure investors internationally. We will see how stocks do. Wey analysts pointed out havent always seen a sustained hit to the turkish equity market postcoup. Market the ringgit,
From bloomberg here in london. The banks are a big theme in europe. What me assure you of that. Is gettingito santo a bailout from portugal. Profits fell by 12 . That missed analysts asked him its estimates. Lets figure out what is going on. Jonathan ferro and manus cranny are with me. Bes, it looks so simple. I dont think it is that simple. You have a bailout. You have some money left over from the bailout support to recapitalize the banker in that goes to read capitalize the bank. Are going toeople bear the brunt like the shareholders. A lot of analysts are saying. My take away is within two share price has dropped 70 . You have seen a bailout. This has played out in almost no time at all. This is just before those stress tests later this year. Despite the fact that there is a clear sovereign link, this money is coming from the lens of resolution fund. How is the fund being funded . By the government. Offhis bank will get spun and people will get shares again. It will get sold off. L
A warm welcome to those waking up in the United States. I managed words. This is pulse bang. Anna edwards. This is pulse bang. The pulse. Hans nichols is on the ground following developments in berlin. Spoken to the Ukrainian Foreign minister. Said there wasn moderate progress. He was very careful and he delineated where the progress is. It is difficult to see after five hours of talks last night in berlin just where precisely Real Progress was made. Maybe a little bit on border security, controlling the border. Both Foreign Ministers said that some progress had been made there. The Ukrainian Foreign minister really made a point that all of the actions all of the words that were committed last night need to be followed up with actions. That is a crucial point. At this point, we have talks that the foreign minister level. The ukrainian swap this to escalate and they want them at the president ial level. Mr. Poroshenko and mr. Putin. That is where the decisions are being made. On this cr
Heres what Josh Donaldson said about facing verlander in game five. Were going to go there and try to win the game. Tough. Yeah its tough. Hes a good pitcher. We have a good line up. Bring your rally towels. The fifth and deciding game is scheduled for thursday at the oakland coliseum. Game time is still to be determined. In oaklands rock ridge district the rally towels were out on george and walt. Fans road a roller coaster of emotions for three plus hours. They told us theyre getting used to the idea of the spotlight being on an east bay team. Across the bay theyve had the attention for the last few years and i am just glad were getting more love for oakland. There was disappoint in fans but they said theyre hopeful for thursdays game. And now to Contra Costa County where 12 High School Students have been suspended after a fight on campus. At patti lee reports a photo taken during the fight has now taken a life of its own online. Reporter this photo shows the principal of Pittsburg H