Anna a very warm welcome to countdown. Manus where is the money flowing this morning . The pound has a bit of a reprieve. We will talk about that in the risk radar. I thought we would go for the shiny stuff, coming back from gold. And there is a real move here, of course in the headlines more funds shutter in the u. K. What you have is the assets, going into gold trading up one quarter of 1 . Etf Holdings Rise by 37 this year. The assets have jumped by 38 million tons, the most since the global crisis. We have entered a new bull run, according to ubs, we are with in a hair. Goldman is shifting the threemonth and sixmonth target. The risk momentum and the fed playing into the equation, all moving the dollar holding back. It is based on fact, not fiction. Anna very much about what the fed is going to say, manus, negative low rates good it seems. Punishing the risk radar, what else is on the move. We have a currency market dominating things this morning little bit. Quite a few in here, th
Live from bloombergs european headquarters. I am Francine Lacqua good we have a great lacqua. We have a great show lined up for you. The west leader economist joins us on set. That is to name a few of the guests. First of all, lets check your markets, because there is plenty going on good risk aversion swing the markets. Signs that the u. K. Markets are taking a turn. Your stoxx 600 down. The pound dropping. 20en demand we saw that year japanese government bonds, you can see it there on the screen. 0 for theng below first time ever. We also saw 10 year government yields on guilds the first time at a record low. Lets get to bloomberg first word news with their change. Nejra three of the uks largest real estate funds have frozen 9. 1 billion pounds of assets. Investments in Standard Life desha Standard Life investments have halted withdrawals because it did not they do not have enough cash to pay investors. Theresa may has taken a clearly in the race to succeed david cameron. She won the