Continent, really. Only the u. K. Was closed for their bank holiday. We had a massive rally yesterday, so the dax was up 300 17 points yesterday, up another 143 points today. Stocks overr german the past couple of trading sessions. The cable rate also shooting higher. Pounddollar right now at 1. 2358. Even with those gains in the currency, i will just tell you you still see the ftse up more than 1 . Typically they move in different directions. That shows you the power of this rally. Finally, a stock trading in shares. Tui they have one issue trading in frankfurt and another in london. A big tour guide and airline operator. They had been absolutely crushed in the pandemic, but over the last couple of days, a massive rally. Today they are up 56 as germany says it is going to reopen International Travel and prepare for something of a vacation season. Over 1 billion in market cap in this one trading session. Vonnie really pretty phenomenal. Lets bring in our next guest. Frances president E
Nuclear talks. We begin in paris where this stunning developments good evening. Mark what are the latest details so far . Totally stunning stuff. It was quite dramatic. Every line out of his mouth was breaking news. It is the pilot that did it. When the main pilot when out of the cockpit, he locked him out. The minute he was gone, he put the plane into descent. Mark were there any indications that the copilot would do Something Like this . No and that is what everyone is trying to figure out. Hes a 28yearold german citizen from a town an hour north of frankfurt. He had little experience. Theres nothing that would indicate why he would do such a thing. The entire worlds press corps is descending on the town he is from. Prosecutors have searched his house. Hopefully we will get some clues. At the moment, no one has any information. Mark in the United States pilots are never left alone in the cockpit. Does europe have the same rules . They dont. In the u. S. , if the main pilot if one of
After a poor first half due to poor weather and a weak yen. Fingers crossed, everybody, that today will be the end when we have to the end of time when we can stop talking about taper. Set taper gossip giving away to cold, hard facts when the feds twoday meeting concludes. The fass dak being up at a 15year peak on tuesday, u. S. Treasuries up for the fifth day in a row and the nikkei up on an eightweek high. Investors appeared calm by the prospects of a modest scale back of stimulus. But what if recent data turns paper light into paper zero . Get a look at some of the estimates for more. Cnbc. Com. Right now for more we have our own inhouse expert here in london. Karen has all the details. These are the estimates to how much the fed will taper. We have got first up let me run you through the numbers. Warptants expect 14. 5 billion to be taken off the table, up absolutely from the Previous Survey which averaged just over 12 billion. The poll of Top Economists said reduction, which is ex