At at key Government Bond we are talking about tomorrow, and that is the spanish twoyear yield. One of the concerns post brexit or post the vote is there is going to be for the political contagion. There is an election counting underway right now in spain. You can see an increase upward in the yields from negative territory back to positive territory. If anything happens politically where people start to doubt whether the government and the eurozone countries are committed the existing path, existed committed to being in the eu are the eurozone, you might see pressure on these clinical sovereign yields. On the spanish twoyear yield, there is a lot of concern. That is way lower than it was a you years ago in 2011 are 2012. Keep an eye on that tomorrow. Matt i want to look at currency markets right now. The pound is excellent trading down this afternoon, just a little bit. Look at the chart, you can see a 134. 96. Ading at 184. 97. Pound at gdp, japanese yen, one 37. 197. So big moves th
From there in london. The markets appeared to be settling down and we are joined by outstanding guests today. Led by bill gates. He would join us to talk about biotech and drug pricing. Alix cromwell we be joining us more regulatory hurdles facing the banks. But first, we have a slight rally on the table for today. Jonathan features are firming up about. 2 and the ftse is an positive territory and raising all of the post brexit gains. He dax is up as well i want to talk about what is happening in other asset classes. Boris johnson does not run and cable jumps, the pound a stronger marginally. We will discuss why. 1. 52 . Unchanged at we are heading for the strongest quarter for crude since 2009. To wrap up all of the stories, lets go around the world and check in with our Bloomberg Team for indepth coverage of our top stories. Anna redwood is in london on the race to succeed Prime Minister cameron. Julie hyman in new york on the last day of the Second Quarter. Lets begin right here in
Slightly in positive territory, expanding three days of gains. Dow jones little bit higher, gaining. 1 , also a fourth day of climbs. The nasdaq, though, in negative territory, down. 2 , and reversing four days of gains. Morning, it this as 2120 six,slow but it clawed back most of those losses and is currently unchanged. We are seeing these industries known as defensive are the best gainers. Financials and banks currently unchanged, but if this does turn negative, it would in sixe first decline days, which would be the longest winning streak in three months. We are also seeing Energy Shares declining. Of course, we have crude oil reversing gains. Some of the biggest decliners, mostave Chesapeake Energy folding 6 . We also want to take a look at crude before we go. That is huge right now, falling 4 . ,ake a look at that tumble Industry Data showing fuel inventories unexpectedly grew adding to concerns of oversupply. Crude is now hanging around 45 a barrel. David thank you very much. App
Point for the european unity process that warned against drawing hasty conclusions. She will meet key leaders monday. And local market selloff. The dow loses 500 points. Germany is key index plummets 10 . Welcome to the program. Britain, europe in the world is coming to terms with the historic decision to leave the European Union. Just over half, 52 voted to go it alone. It was called by david cameron. After it did not go his way he announced his resignation. If leaving the European Union wasnt enough, britons will get a new Prime Minister and perhaps a new leader of the opposition. As scottish nationalists say they will do all it takes to stay in. The result left David Cranmer cameron with little choice. I do not think it would be appropriate for me to be the captain to steer this country to the next destination. This is not a decision i have taken lightly. The new leadership required. After a divisive campaign, johnson sought to strike in solitary can solitary tone. This does not mea
Etrade is your cow. Milk it. Etrade is about seizing opportunity. And now, bbc world news america. This is bbc world news america. Reporting from washington, i am. Atty kay theresa may is Prime Minister of britain. She arrives at downing street with a message of inclusion and national unity. We will make britain a country that works not for privileged few, but for every one of us. That will be the mission of the government i lead. Together, we will build a better britain. Katty there is a new british with a few familiar faces. Is the united kingdoms foreign secretary. Is the unitedon kingdoms foreign secretary. We will speak to one of the contenders for Donald Trumps Vice President ial pick. Katty welcome to our viewers on Public Television in america and around the globe. It took three hours for britain to get a new Prime Minister and a new cabinet, too. After the required visit to the queen, theresa may took over from David Cameron. She stunned the political worl d by pointing Boris