Monte paschi get more time to complete its Capital Increase . And finally, when court and Qatar Sovereign Wealth Fund join forces to purchase an 11 billion stake in rosnet. Is Ivan Glasenberg back in deal mode, matt . Matt absolutely fascinating story, that. Of course, Global Markets are going to be captivated by mario draghi, but it what deals are going on in oil. At 1 45 p. M. Local time in frank for and at 2 30, when he holds his press conference. The three main things to Pay Attention to from draghi will be number one, how long does he qe program and how much will he spend . Will the hold out 80 billion euros a month . How will he buy bonds in countries where he has already reached the limit . He will hit the limit in germany by midsummer at this pace, which he will if he extends at the rate he has been buying so far. Number three will be, how will he taper . When is it going to start . How will the pasth be, shallow or steep . Investors will be looking at all of that very closely.
What does it deliver for china . We are delving into all those stories. Notably today a little bit of risk assets. The ftse 100 managed to post gains. Up. 5 of 1 on the euro stoxx 50. Still of worth wealth of earnings. Also plenty of assets, oil driving the market today. Guy lets talk about what is happening in the other asset classes. A great place to start, your morning. You can see it right up here that new Zealand Dollar. A decision to cut from that reserves, not enough. You get a little bit of pushback from the bank saying the markets are misreading the story. It is more the pboc rather than the central bank that had control of this currency. We will discuss that during the show. And the japanese yen on the move. Lets get you caught up on all the news you need to know. David lets talk about brexit here. It is undermining the nearterm outlook for the housing market. Sales dropping in july according to the oil institution of chartered surveyors. When you look at new buyer inquiries