Against Pension Reforms adds the government seeks to calm fears but push ahead with an overall of the system. And checking out tesco trades near the top of the stock 600 as the retailers considers a move that could generate 9 billion. Well, a very warm welcome to street signs this morning. Lets kick off with a look at fx markets because we have seen a pretty strong move higher in the pound. You can see here trading around 131. 59 sterling has hit a sevenmonth high against the dollar after a opinion pollex the ended their lead over the labour party the british currency hit a two and a half year high against the euro very strong reaction in fx markets. That seems to be the main way they play. Very strong move there, just under the 132 mark now, were going to have more on the upcoming uk election in about half an hour with managing director at teneo. Lets look at equity markets a slightly weak estart to trade 234 europe following a positive day on friday, not only for european stocks but
Selloff in snap as earnings disappoint uniper shares are dipping and the economy minister accuses russia of blackmailing europe on gas. Italy prepares for a september election after the coalition collapses after being forced to accept Mario Draghis resignation. It has been a tremendously busy week for europe we are squaring off the week with pmi data out of the major economies. Germany and france a short while back to bring you the eurozone pmi flash number it has on the surface side coming in at 50. 6 in july versus consensus number of 52 disappointing and also a slowdown from where we were in june back at 53. As for the manufacturing number, that came in at 46. 1 a remarkable slowdown from june. 49. 3 in june the total composite number for july came in at 49. 4 again, slowing down from the numbers in june which was 52 much lower than consensus at 51. Disappointing. Germany and france a short while ago and Chris Williamson was on the show speaking to julianna a while ago and saying se
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