Exchange market we have seen according to some of the agencies we have watched since august 2013. Your tian European Equity markets are tanking. We lost 2 of their value yesterday. We should keep an eye on the banks. European equity funds have got a small bounce for them. That will give you a little bit of a flavor. The minor response quite nicely in australia. I think this is a story of do what you do best and if you on a pipeline, sell it. That is what bg are doing. They are selling their apa pipeline in australia. They provide a natural gas project there. Theyre going to sell it for 5 billion post tax. Theyre looking at a profit just under 3 billion. When on to read bank of americas recent note on liquefied national gas. Multiyear markets may have an uptick. Multiyear bear markets on something they bet significantly on. That is bg. Global equity actually making a onemonth low. That asian news was very much a thehup session, mirroring 2. 2 drop in europe. That is the bg start. Back o
He says, take profit in overweight United States stocks, plow them into europe and japan. That is where you should be reinvesting in your stocks. Ftse up 0. 3 . Lets check on how bonds are doing. Ecb we are in day four of the bond buying. Theyve got to be buying 60 billion euros worth month on month. We are seeing borrowing costs coming down in greece. That is on the 10year. Italy continues to fall as well. Spain looking flat. Germany just inching up that little bit. The key moves we saw were in the euro. This is where we are seeing a little pot higher. At one point, we were below 1. 05. Seems to be a little change of direction if you have been shorting that euro of light. Remember, weakened by a record 13 this year. Biggest loser against the developed markets. We still see the ecb committed to starring on inflation. Denmarks Biggest Pension Fund trying to work out the right time to sell your government bonds. When will receive a borrowing costs weakening and that sparring on the econo
Tells us the u. K. Is ripe for reforms in eu leadership but there is no reason for a breakfast. The u. S. Fed gives failing marks to Deutsche Bank for their capital holdings. We bring you the latest on the second round of bank health checks. The country joins the global wave of monetary easing and lowers key Interest Rates to an alltime home low. We tell you what it means for the market. Mark get hopes of pulling the economy out of the brink. We will bring you the details on the loan program. Hello and welcome. Anna i am anna edwards. Greece is running short of cash and time. We will tell you who is bringing in the billions with the Greek Economy on the brink. Mark this video shows flashing lights. We have reports that two officers have been shot in ferguson, missouri according to a local news station. We will bring you updates on that story throughout the morning. Three days of sovereign bond buying from the European Central bank in bond deals in the eurozone continue to make fresh al
City of london takes a day off. The 30 day average. A huge chunk out of volume. Yesterday, you missed quite a rally in italian bonds. Below three percent heading towards record lows on the italian bond yields. European elections took the headlines over the weekend. The big one on the weekend was matteo renzi who got a huge stamp of approval. It sent italian assets higher. At 1. 3654. Llar is 2 30 u. K. Time. Ipos continued to come thick and fast. Lloyds lands to sell their part next the positive stake month. Euro shares will also be on sale sometime next month. Will the deals be snapped up . Here is Caroline Hyde our European Business correspondent. Offer for us . 25 of all the shares that are currently held by lloyds. 1. 5 billionmate of pounds value of tsp, shares are going to go on sale as soon as next month. Lloyds offloads its unit that has four. 5 million customers, 631 branches across the u. K. , making it englands seventh against lender. They had to get rid of this unit. This i