The eu wants to fasttrack asylum decisions in greece and the wants of turkey. They are throwing another 3. 4 billion, but it has watered down earlier assurances for turkey to join the eu. Dilmaters are angry that rousseff has added luiz inacio da dilva to her cabinet. Turning to the ncaa tournament, how many haveder entered in our bloomberg brackets. Has comes the ivy league. Yale upset baylor. It is their first appearance in the tournament since 1962. We saw a mixed session. The shanghai capping off its best week in june. Month, the 10 year , stocks bouncing around a little bit. Oil prices had been putting pressure on Energy Producers in europe. Taking a u. S. Feet taking a it means. S. Futures, that we are now year today positive. This is the fastest recovery we have seen at the beginning of a year according to bloomberg data. There is a lot of debate over whether it is justified. Pound weakness as well. Not much change in the dollar versus the yen. We have been have a ring of this l
We still have some markets closed overseas. Volume was down 20 versus its 10 day average. Within the s p, energy was the biggest laggard, off by just 1 2 of 1 . You had Consumer Discretionary and materials leading in the winners category. General electric at its highest level since 2008. It was like a stealth rally. People were talking about it so much on Program Twitter that our social velocity index had an alert. I cannot find a reason for it. Tracy i did not see was there a reason for it . Alix a very interesting development. Tracy i wonder whats going on there. Jolly take a look at currencies . Shall we take a look at currencies . We did see the u. S. Dollar snapping a sixday rally, this again thanks to traders thinking about the potential or not potential for a fed Interest Rate rise. We saw some disappointing economic interest economic information today. ,ooking at the brazilian real that continues to rally. It is absolutely amazing. We had speculation that the president is getti
Of the month was your conversation with ubs. Did you see that big bonus coming . Francine i did. His was the only major bank in europe to go up in terms of bonuses. Deutsche bank cut. Tom i would say it is the only way to retain your upper 15 percentile. Good for ubs. Its a good way to start the show. Francine youre right, and we will have plenty more on what it means for competitors with Michael Moore. In the meantime, lets get to the first word news. Caroline good morning. Another show of defiance from north korea. Kim jongun fired at least one Ballistic Missile in the northern baltic strip after the United Nations Security Council in postwar sanctions. Brussels, the European Union may have a showdown with turkey over refugees. To fasttrack asylum decisions and sent those who dont qualify back to turkey. In another 3. 4 billion, assuring that turkey would be able to join the eu. Russia wants the u. S. To push syrias opposition toward mines. Talks aimed at ending the fiveyear civil wa
Waiting for janet yellen. Its a quiet day on the markets, but watch out for commodities and watch out for dollar. Tom exactly. I was watching commodities today; citigroup was really talking up saudi arabia, having trouble moving oil. Really, the backstory, while you were off on your threeweek vacation, is the idea that the atlanta said lowered their gdp for this quarter under 1 . That is the backdrop, yelling those before the economic public. Francine rate. Right. It seems confusing to understand what the feds next move is. Lets get to the first word news. Vonnie good morning. A jetliner has been hijacked and forced to fly in cyprus. It was on a flight from alexandria to cairo. The Egyptian Government set a hijacker claimed to be wearing an explosives belt. 56 passengers have been allowed off the plane. Several for for flight crew are still on board. Last weeks bombing severely damaged the airports departure holes in. Brussel in brussels. It will only be able to handle 20 of the normal
We also have to tightly look at oil. Tom i have never seen an earnings season like this. You have to go back to early 2009 or 2008 for the excitement and mystery of what we are going to see. We have those layoffs, citigroup, and now jpmorgan. On a small number of people. Francine yes. We will be bringing you the very latest off the bloomberg. Lets get straight to bloombergs first world news. Nejra thanks. More turmoil for the brussels airport, only this time it is a walkout by air Traffic Controllers. The airport is already reeling from the terrorist attacks that killed 16 people. Todays labor strike is disrupting flight that the hub. It began over a dispute over the working age of Traffic Controllers to 58. Syrians are voting today in parliamentary elections. Some 3500 candidates combined for the 2500 parliamentary seats. President Bashar Alassad voted early in the elections, which are taking place in government controlled parts of the country. Now to brazil, where the Vice President