Benjamin segal oversees nearly 300 billion in assets. Thank you for joining us. Lets start with the u. S. Dollar. It has been weaker. Is this the result of central foot off andtheir backing away from quantitative easing or does it have to do with washington . Its a bit of both, the central bank is unwinding and Interest Rates will go up. The u. S. Central bank, the fed, will be first and that would argue for a stronger u. S. Dollar. I think you are also seeing the economic recovery in europe which is driving european stocks and European Economic and. Eavily the companies there are feeling more optimistic. Therefore, the prospect for rate rises in europe potentially. , weink that combination have had some political dysfunctionality in europe around brexit in the elections last year. I think we had a little concerned there but as those concerns of bait and some political concerns in the u. S. , higher Economic Activity in europe, more Political Uncertainty in the u. S. Is taking the u. S
On the road to victory. Eagles eagles. Take that city of philadelphia back in the day you could climb poles and celebrate. We dont have that anymore but we are doing it for you. Doing it for you who we are doing it for. For you eagles fans. Sueby this pole is gold. Put your tongue on it. No. Come on. We have been there, done that. Perfect pole climbing weather this morning if you can, if it is not criscoed up. We have eight out of 10 today. We will see a few showers but it is a mild morning with temperatures mostly in the 40 s and a few showers heading our way from the western part of the state, a few that just moved off shore, Lehigh Valley stray shower or two. This is not a big deal tomorrow, 43 degrees is our current temperature already above our normal high, we will top off at 55 later on within mostly cloudy skies and an occasional shower throughout the day, as we continue to celebrate or main take a nap because there is your nap time at 51 degrees. Anyway whatever you have planne
During the morning commute. Seeing some very light snow just to the south of wilmington. Its but just a thin layer, even at 10 00 could you may get a layer of snow before the ice moves in. Be a problem this morning. Well break it down hour by hour that will actually help the situation out. Ice on top of snow is not as bad and show you when conditions will improve during the day and as ice on bare ground. They will be doing that when im back in just a few minutes. This peng arink area, thats th but first Jessica Boyington has your first alert traffic. Potential for ice. Thats at 7 00 this morning. Right around wisshicken avenue where we have a crash and this computer model shows the warm air pushing into completely blocking off the delaware and south jersey by 80 offramp. This morning, but still an area earlier we were losing twoanes and then having one lane getting by. It looks like traffic is able to of icing going on. We could dry out at 10 30. Get by very easily. So right now just o
So once the parliament have decided the e. S. P. Program should then be further developments. In greater detail and the finance minister will certainly look on that situation. On the 20th of july there will be a repayment of to the ecb of 3 billion yes and of course once again the euro group will have to look at this. The advantages out weigh the disadvantages the basic principles have been adhered to. There is a broad away of reforms that if which if we were implemented will in pie opinion, help greece come back to the path of growth. But it will be a long path and i think it might also be a difficult path, of course. Nevertheless, it is certainly worth all of the efforts if all 19 can reach an agreement such as we have today. So the first question coming now now. Reporter chancellor, does planb continue to exist where greece night have a timeout from the euro if this program does not work . And looking at the dissatisfaction in your own party, do you think about asking the a confiden
And what to expect over the next few days, also an update on the Severe Weather on the south east of europe. Thanks. Also coming up tributes to actor keith barron, who starred in tv sitcom duty free, who has died at the age of 83 after a short illness. Hello, everyone, this is afternoon live. Im simon mccoy. Armoured vehicles are patrolling the streets of the zimbabwean capital, harare this afternoon, after the army declared overnight that it was taking control of the country. Robert mugabe, the 93 year old president who has ruled zimbabwe since independence from britain in 1980, has been confined to his home. The British Embassy in zimbabwe has advised uk nationals to stay indoors until the situation becomes clearer. 0ur Diplomatic Correspondent James Robbins reports. Snatched video films furtively tells some of the story, troops on the streets of harare, as the generals take control after 37 years of president mugabes increasingly dictatorial rule. Gunfire heavy gunfire could be hear