London time it is 9 00 in the morning london time. This is as oil is rallying a little bit. Data that is meant to forecast that u. S. Crude stockpiles fell. Gold advancing as the foldout desk as the fallout from we will have plenty more on the markets. Lets get first to the bloomberg first word news with nejra cehic. Nejra the Federal Reserve is using confidence that it needs to tighten anytime soon. The meeting last month held before the britons referendum shows officials facing rising uncertainty. Policymakers want proof that job creation has resumed at a healthy pace, the underlying momentum is intact and inflation bill gross says sovereign bond yields at record lows are not worth the risk. He built the worlds Biggest Bond Fund spoke to bloomberg television. High durations which we have now at low Interest Rates. Even a small change in terms of yield can produce a significant loss. Your sovereign bonds are not up my alley. For more u. K. Property funds have frozen withdrawals as inv