Focus on their businesses, when i do round tables with our customers, those who have exported said they never had it so good. Just itching myself a bit there during the headlines. Oh. It happens. It does happen. Oil prices rallying as the opec secretarygeneral says a deal will happen today. Other opec members voices similar sentiment. Iraqs opec delicate said the cartel will be reaching a deal at the meeting in vienna as well today. Is it positioning . Do they think a deal will get done . Spencer is here with us. Do you think a deal will happen today . I think some form of deal will occur. They put themselves under pressure two months ago. They publicly announced they will do a deal today, now they have to deliver. Some people are saying this is the most important opec meeting for a long time, and then i remember going back to algeria, dohdoha, people saying is the most important meeting. How important is this meeting compared to past meetings . It is a significant meeting. In terms of
Will yellen hide behind the brexit . Is july still a like still a likelihood . U. K. Time. At less than half our way. A couple of things happening. We are going to see a bounce in europe in european equities. The u. S. Markets are called into negative territory. We will see if that changes a little bit later on. At the moment, it doesnt seem we are going to see a higher open in europe and a lower open in the united states. Matt. Matt take a look at what is going on in china, i look at the nikkei. It rallied up from losses overnight. The shanghai composite really turning around. Big down index because of the msci, and yet it comes back at the end of the session. Heres the 10 year bond looking fairly positive. It had been negative five 1000th of the percent. It looks like we are back to a positive yield. I wonder how long that will last. I guess it depends on the brexit polling numbers that come out. You see the pound, a little bit of a gain. Being led around by the nose by polls. To the
His hardfought campaign as he prepares to endorse his rival. The euro championship will kickoff tomorrow in france. The security challenges surrounding the massive fan zone under the eiffel tower. Major Maria Sharapovas sponsors will stand by her despite a major band twoyear ban for the tennis star after failing a drug test. A school for zombies opens up in hollywood. But first our top story live from paris. Genie four people were shot dead in israel and several hurt in a gun attack in tel aviv. Two armed men opened fire in a restaurant near an open air market. What more can you tell us . I can tell you that they are cleaning up at this open air killedwhere the two men and attacked people in that restaurant. We have seen politicians and ordinary israelis streaming into the place to show solidarity. When the footage became orrorable there was a h to see the men so welldressed pulling out their guns and simply shooting people as they ran. Governmentisraeli was very quick and firm in its
Welcome to countdown this friday morning. I am manus cranny. We are in london, keeping you up to speed with everything that is moving on markets. And we have a couple of Different Companies that are reporting this morning. We are going to quickly tell you what is going on, we have hans nichols standing by. This is one of europes biggest steelmakers, First Quarter estimates coming in at 9. 5 billion, that is below the estimate of 9. 9. What do they earn from continuing operations in the First Quarter . At 243 million, that is just slightly ahead of the estimate at 239 million. But the First Quarter net losses , and terms of profits, there is a net loss that actually beats the sales level, coming in just under the estimate. That is the net loss that comes versus3 million euros, profit obviously a year ago, at 50 million. This is as europe implements tariffs on the chinese imports. This is as they review the with the dealing prospect of a slowing global economy. Flowyear earnings and cash
Dividend goes. We will talk about that throughout the show. The earning season begins. Standard chartered kicks it all off this morning. Tells lenders will stronger if they leave europe. The brave new world of banking. He is really hitting the nail on the head. With europe so dependent on the Banking Sector what will happen . Hans this is the argument that frankfurt would benefit. He is a german. He wants to see the German Economy stronger and yet he is warning the u. K. That it will limit lose a lot of business. That was some strong business from him. They are very concerned in frankfurt. Ecb must be badly. The u. K. Of authorities are worried about u. K. Clearinghouses. Hans when they try to be more supervisory and expand their mandate that might give them a little bit of heft. Guy were going to kick this all around. We are half an hour away from the european open. Let me get the futures working come up and running. Looking through the process. Click the futures box here. A are proba