Right now we need to get you caught up here and here are the top headlines with vonnie quinn. Vonnie Alexis Tsipras has run up the white flag. Calling for immediate action to a with a bailout. Plus, greece will have to transfer 55 billion worth of assets to a holding company. German chancellor Angela Merkel says it is about time for greece to take responsibility. Angela merkel trust has indeed been lost but we all know that what will the important is to implement what we have agreed on doing. Vonnie tsipras own party mutinied when he asked for the endorsement of a new austerity program. A new deal on the Iran Nuclear Program could be announced as soon as today. Negotiators want to stop iran from making nuclear weapons. Any deal would still have to be reviewed by congress. Senate Majority Leader Mitch Mcconnell told fox an agreement would be a difficult sell. The crowded field for the republican president ial nomination gets bigger today. Scott walker will join the race or he became the
This friday edition of countdown. Im manus cranny. The markets are moving and the equity markets are causing for thought. What does this mean . Have a look at the dollaryen. The volatility of the nikkei is dropping precipitously down. As we seen yen rise against the dollar. Yothe yen is up to its fourth week of gains. The yen is the strongest currency in the g10. What are the traders saying . Buy the dips in yen and the rallies in dollar. The fx market literally saying japan, if youank of are going to intervene in this market, show us your hand. Wti are both down, but the dollar has a slight rally, up. 8 . It has had its worst two weeks on the down side since april. Williams suggests that september is in play. 0. 5 . Llar index is down above 70 forp nine days in a row. This emerging market index is really taking hold. We are trimming the weekly gain to just. 2 . Llaryuan, leading the declines in the asian currencies. And gold, what do you do next for gold . The dollar market goes sligh