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Transcripts For CNBC Worldwide Exchange 20150205

Plummet. We talk about the impact of the stronger swiss franc and slow down in china. The price of oil is volatile but in an exclusive interview saudi arabias finance minister tells cnbc the government wont change course on spending despite the huge drop in prices. Help us sustain our policies policies. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Welcome to the show everyone. The focus today here in the stock market and bond market is greece. Ecb will no longer accept greek bonds as collateral. Were seeing volatility. Investors selling greek debt sending yields sharply higher. Take a look at the 10 year greek debt yielding now 11 . The 15 year greek debt yielding about 10. 5 . Were seeing similar moves in the equity markets as well. Keep in mind right now were looking at european shares despite moving lower in todays trade still trading at a multiyear high but the focus, the concern right now is on the greek negotiation terms. Absolutely. Athens

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