Money going into the euro as well. Risk appetite for the eurozone up at 1. 1105. Clearly some money going into the euro. We saw that spiking higher late last night. Moving out of haven german borrowing costs rising which means the bonds are following falling because of their price. We are seeing them at five week lows in terms of borrowing costs and greece seeing almost a one percentage point move. Many have the optimism that a deal will be done. Some Corporate News this morning, we have some companies coming out in terms of statements. Ryanair up one point 6 because finally the king maker has agreed. It seems that ryanair will let go of their 30 stake in aer lingus to aig. Ryanair saying we will take your money, they will make a small profit on it having owned aer lingus for nine years now and they wish iag well. Intercontinental hotels keep an eye on. International hotels in hong kong going for almost 1 billion. They will take away a tidy profit of some 700 million. Driving that stoc
That is pulling off a bit of risk appetite. Off thein france dollar weakening. That is an interesting move ahead of a potential rate hike. 3 getting a boost, up by this morning. Check out one fx area. All about the turkish lira. This is the dollar weakening. The turkish lira siphoning as a get an easing in the shortterm. Being formedority after those elections over the course of the weekend. The ak party sweeping into party. 49 of the vote, it would seem. And becomeat the president and leaving the government . Fx turkish lira is to strengthening and so are turkish stocks. Lets have a look at european stocks. There is some interesting earnings. The banks and focus. Ff by 20 as we get off by. 8 as we get the business delete the business raining back in production. A reduction in fines to the tune of 1. 4 billion. That is how much they manage to rein in those costs. Managed to rein in those costs. Ryanair up 2 . Yet to ask yourselves why . A record summer, 58 million passengers flew. See