Let us get to the state of the overall markets right now. Despite the dreadful attack in turkey, the markets are focusing elsewhere it seems. It seems amoment, relief rally we saw yesterday seems to be broadly intact. Let us have a look at that. We will have more on turkey later in the show. In terms with the market is doing right now, volatility has pulled back as the clock continues to tick on the brexit story. This is the s p 500 and the nikkei volatility indices, both taking down. Yesterday, slightly more risk entre in the market. Are we expecting too much, for a little bit too much in terms of what they can deliver in the wake of the brexit result . We will have a look at that as the weeks and months unfold. Looking at the risk radar, underlying we are in markets right now, the msci asiapacific bouncing very strongly, 1. 7 higher. It has now recovered almost half of what lost in friday, which is interesting. The gold price is also up. Do not be under the impression that everything
Anna a very warm welcome to countdown. I am anna edwards. It is just past 6 00 in the morning on this friday morning. Lets talk about what has been happening with sterling. We heard from mark carney at the bank of england in the latter part of the trading day yesterday, and we can see the effect that had on the pound, not the one highlighted in red. Yes, in fact, the one highlighted in red. There was little bit more stability coming through in the pound in the wake of the big falls we saw last friday. In the wake of that, weve seen a little bit of a recovery or stability in the pound, and that took another leg down as we heard mark carney speak. Saying, brexitr may prompt summer policy easing. Lets check out the msci asiapacific, a decent session the last couple sessions in asia, and today, up by about 0. 5 . Is this based around for bets, more stimulus coming through from the central bank . We will discuss that. Weve got silver in here, and that is up strongly, up 2. 4 , the biggest i
For an election result in tell tuesday. Big business said the growing uncertainty is the worst possible outcome. Marketplace seen as chinas craigs list has gone from beauty to bes. Auto is burning through cash. You can let us know what you think of todays top stories by following us on twitter. The china and hong kong markets underway in 30 minutes, but singapore, taiwan, and malaysia have just come online. Here is david. David the question is what is not happening. Dense across the asiapacific, very mixed. Everything together, we are flat, so we have to wait another day for the msci pacific to hurdle the brexit losses. As far as all of asia, recouping those losses, largely down to the lethargic session in japan. Flat right now on the nikkei 225. Same across currencies, exception is aussie dollar. We are in limbo in a moment. We have the rba decision tomorrow, and your first instinct would be to reduce your long exposure. It has managed, to recoup some early losses. , last week was a b
In dallas. The demonstration is being held over the Fatal Shootings of two black men. Manus youre welcome to countdown. The very latest, we go to the front page. This is what we are looking at. Were talking about the dallas shootings. Lives protestck march in dallas. We understand officers were shot from elevated positions at about 8 45 p. M. Local time. Interest has turned themselves in any suspect was in custody after. The dallas to Police Department said with heavy hearts there devastated to report the fourth officer has been killed. The shootings, this attack comes in the aftermath of two more young incidents where two black men were shot in louisiana and minnesota. These protest marches have turned into something much more significant. This was a black lives matter protest. As we get more information on that situation in dallas, we will bring that to you. We are getting live reports across twitter and the bloomberg terminal. That is everything we know at this stage. As we get more