Is 6 00 here in london. Lets get uptodate on greece. I will show you a chart. Some of the release we are already seeing what Alexis Tsipras and his team have put together. You see the jump in five weeks, on the sense of optimism just this morning around, and the last 24 hours, around the greek stories. The finance minister of the netherlands had a role of the eurogroup. He is reporting in a dutch publication that he is asked the ecb and the imf to assess the greek aid request, which would be the next step after that request has been submitted by Alexis Tsipras. The other thing on the agenda is the Greek Parliament has to look at the proposal. Lets backtrack and show you what is happening the markets. In yesterdays session, before we saw this proposal submitted by the government guy lets come to you first. Is Alexis Tsipras caving . And giving the stresses and the capital controls in place perhaps knows a prize . Guy that is the obvious reasoning,. It was rejected by the greek people on
Reactions from what we saw from pyongyang. You, thest i can give equity market, the stoxx 600 was down earlier. Down by 4 10 of 1 . Assetst sets haven after the testing. North korea is continuing to prepare for a possible intercontinental listed Missile Launch, reddening to raise tensions further. The stock is down. A Good Opportunity to look at the fear gauge. Europes fear index. , now it is up a mere 7 . The 12 gained it was the highest since august 18. Last tuesday when north korea fired the missile over japan, higher index closed 9 after rising an intraday 15 . Trumps fire and fury comment in early august prompted it to rise to 19. 3 on august 11. That was the highest since april. We were nowhere to the levels we were in april before the French Election and the levels we reached before the u. S. Election last november. Those are the brexit levels we saw in june last year. That puts it in perspective. Europes fear gauge. Index, given what is happening with the north korea story. Thi
Independence and we are live for the tory party conference. We also have an allstar guest lined up, john fraher. Ellon we speak to jim mal on his new book. We are live in moscow, where john fraher will leave a Panel Discussion with Vladimir Putin. In the meantime, we have a packed data check. The dollar is slipping. Global stocks seem to be a little bit mixed. What all to do with investors are trying to figure out, who the next fed chair will be. We understand the president has a shortlist of candidates, but they all have very different policy agendas. You have some hawks, you have some doves and they are trying to figure out the most likely will get it. I am also looking at spain. Stocks are resuming their decline after the king criticized the catalonian separatists for unaccountable disloyalty. And if you look at spain, the nations bond yields are rising. In the meantime, we are getting breaking news out of the eurozone. Pmi is rising a touch more than expected. Predicted a rise were
The work surveillance in london. This is a after the weekend of terror in london we will be live to the scene of the attack and to westminster with the latest on the investigation and a knock on effect this will have on the u. K. Election. Its on thursday, june 8 that the u. K. Kosovo. We will be joined by anna and nejra in just a second. But first heres first word news. Lets get started with oil here. For countries like by saudi arabia cut diplomate ties with qatar and access to the nation started over and its support for the muslim brotherhood. Rex tillerson has urged members of the Gulf Cooperation Council to remain unified. We encourage the parties to sit down together and address these differences. If there is any role we can play in terms of helping them address those, we think its important for the gcc remain unified. Says present jamie dimon says the bank is hoping to get up on the license in the country and would consider another venture in asias largest economy. Progressave m
Estimate. Investments in europe started off the Election Results with stocks up by. 25 today, led by Kenneth Coles Construction Materials basic resort that resources today. Awn for the week and down for third weekend for. Those are the stats on the week. Fourth week, fourth day, and five days running earlier, just a small decline there. This is interesting. Sterling is down, ftse down the blue lines ftse 250, which is also up. Is the ftseine smallcap. We saw the 250 and smallcap fall, weighing on those while benefiting from the export oriented constituents. What a day. In pounds, petroleum is rising today, 2. 2 higher earlier 5,ay, the most since july and theresa may, the Prime Minister, striking some kind of arrangement with the head of the party. Dup in percentage terms, its biggest increased or highest term since july of last year, and volatility decline. Sterling falling, volatility declining. Is a looking . Julie we are building on early gains, and that is a record for early avera