A little bit of movement when it comes to the stoxx 600. Its gaining 0. 8 . A lot of investors are trying to figure out if the encouraging Economic Growth from last week will continue. We are exposing data out of the eurozone. For the first time in a long time i have decided to look at the korean won. This is after the central bank said they could intervene. You could see, currently at 1066. We will talk fed and risks to the global economy. Plus, we talk geopolitics with daniel tenenbaum. And we have the exclusive interview throughout the program. We bring you our conversation ermotti. Io reporter after a year marked by a disaster and snap election, theresa may is looking to enter 2018 on a stronger footing. The british from minister ended months of speculation and concern for the Cabinet Reshuffle. It is no surprise. Damien greens departure means some changes have to be made in i will be making some changes. Reporter the u. S. Federal reserve will need to pick up the medce as the slam
Bond yields, where are we . The 10year yield giving back about 10 basis points, of easily some of the european ones here not yet open. That is really where the action will pick up when europe wakes up to all of this. Expect the spread between the core and periphery to widen dramatically. Angie . Back to you. Angie thanks, david. Greeces negotiating position has been strengthened after a stunning referendum. My colleague guy johnson has had a ringside the as the drama laid out overnight and as the day dawns in athens, guy, this is an historic moment here. Guy yes, greece is opening up to a new day, trying to figure out what will happen next. We thought it would be a close vote, we thought it would be too close to call. It turned out that was exactly wrong. They went with a 60 40 split. The question is, what does that do for the negotiating position . Alexis tsipras says it creates a stronger position for him. Will creditors respond . This is what he said to the greek people last night.
The premarket poised to open the at a new high as subscriber growth tops in less expectation. We will have the latest from ecb president , mario draghi as they approve austerity plans. These litigation charges at goldman. Weighing on the bottom line. First, netflix. Strong results for the Second Quarter. The company adding 3. 3 million subs. Stocks up over 11 . This is Reed Hastings last night on the companys earnings web cast. The stock was half this price. I described it as euphoric. Its a mystery to me. What we know cuss on is how to get incredible content, stream it beautifully and market it in every country. Im out of the Stock Commentary business. Maybe he should be. Stock now closing in on an 8,100 gain from the may, 2002 ip 0. It is ridiculous this is only up 11. This was the most dazzling call. When you have a chief content officer on you know you are about to get blown away. Raising numbers, narco. They are like crouching tiger, number two. They are not even in china and japa
Anna edwards. Were coming live to you from london. Lets talk about the asian section session right now. It really tells you how the story is going on which is that the shanghai composite has lost all of the gains that it has made since the start of this year. Back to where we started. The picture is much broader in terms of what is happening. Lastly, u. S. Stocks ended the end of the week the lowest in four years. Are witnessinge in asia the biggest drop in asian share since 2030. With that as the broad equity picture, lets get over to our reporter in asia. Lets go to david who has all of the details for us in hong kong. Absolutely brutal session in asia. It is something that we have not seen in watch wrote years. You mentioned the worst since 2013. In the last few minutes, things have gotten a little bit worse. A regional benchmark down about 4 . It tells you something. The outperform is down to present that is malaysia. Your have to look at volume. Very heavy. A lot of these stock pr
Uncollected rubbish piling up in the streets of beirut. Shares slide in europe again as investors shrugged off chinas attempts to deal with its long economy. Carol will tell us more about that in business. Angela merkel visits a Refugee Center in eastern germany. That is where neonazi protesters recently clashed with police as they refused the arrival of more migrants. The german chancellor condemned the violence and called on europe to find a strategy to deal with the influx. The worst since world war ii. For the first time, German Authorities about simplify the process or asylumseekers. Refugees were no longer will longer be sent back to the first eu port of entry. They will be able to apply in germany itself. Reporter these migrants crossed into europe but for most, their journey is not over. Many are refugees fleeing conflicts in syria and yemen. Their aim, to continue on to europe in search of work and more affluent countries such as germany and sweden. The eu policy previously ma