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Let us get to the state of the overall markets right now. Despite the dreadful attack in turkey, the markets are focusing elsewhere it seems. It seems amoment, relief rally we saw yesterday seems to be broadly intact. Let us have a look at that. We will have more on turkey later in the show. In terms with the market is doing right now, volatility has pulled back as the clock continues to tick on the brexit story. This is the s p 500 and the nikkei volatility indices, both taking down. Yesterday, slightly more risk entre in the market. Are we expecting too much, for a little bit too much in terms of what they can deliver in the wake of the brexit result . We will have a look at that as the weeks and months unfold. Looking at the risk radar, underlying we are in markets right now, the msci asiapacific bouncing very strongly, 1. 7 higher. It has now recovered almost half of what lost in friday, which is interesting. The gold price is also up. Do not be under the impression that everything
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