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Londonancine lacqua in with tom keene in new york. One thing that surprised me this so ifo the east report out of germany and there is a huge brexit angle as it seems to have doubled affected german confidence. Tom the nuances of the market are very subtle. Since you have been gone the one idea is euro rolling over to parity, one of our themes today. It is an odd monday. Francine it is going to be a very big week. Lets get to the bloomberg first word news. Authorities and germany are trying to figure out if a bomb explosion is linked to terrorism. A refugee blew himself up near a Music Festival and 12 people were wounded. He had been denied asylum last year but was allowed to stay in refugee housing. Meanwhile, police in munich are questioning a friend of a teenager who went on a shooting rampage. There is speculation the friend may have known plans of the attack. Loner been described as a obsessed with playing video games. Contro ....
Markets. Through lets whip some of these Asset Classes. A soft recession to europe when i got an early this morning. It has come back a bit further now. Market, shining bright red is sterling. About toright now, are break it. The flask pmis, ugly. Given team is quite a number cents 2009. Down for itk that we havent seen these number sense 2009. Well break it down for you in a minute. About threeown basis point. We will guide you to the markets to the rest of the hour. The worlds go around for indepth coverage over our urtire story all of o stories. Nejra is in london with the havoc wreaked on the u. K. Economy. We are joined in the public and National Convention the republican National Convention in cleveland. Like asurface it looked pretty stellar quarter. Sales were about 33 billion. Theis the stock down on re ....
Nasdaq, it has been a commodity that rally and that is still the case but outside of commodity related stocks we are not seeing the gains he saw earlier in the session. Up considerably, 1. 9 , off their highs of the session, up 2. 25 at one point, industrials and financials up but everything falling back from where it was earlier in the session. More red on the wheel, health care and Consumer Discretionary stocks are down. Oil is coming down off its highs of the day though still up considerably, 6 off a little bit from the highs this session. That is contributing to some extent to becoming off of the highs for overall in stocks. Likely not the whole story. The yen getting relief off the huge rally. Julie a little relief that changing. Point , the yen came came down to unchanged and now it is very little changed, the fiveday rally we had seen in the yen the bounceback is dissipating to some extent for the u. S. Dollar. Gold ....
Champion and i want to be that champion. Matt marco rubio is holding a rally later in miami. President obama says he believes the u. S. And cuba can have a relationship. He held a meeting the first in half a century. He says it is time to turn the page. President obama i am cautiously optimistic that over the coming months and coming years, that the process we have initiated an first announced in december, reaffirmed here at the summit of americas, will lead to a different future and a different relationship between the United States and cuba. Matt castro gave a short hourlong speech listing cubas complaint by the u. S. But later apologized, saying his emotions got the best of him. The Obama Administration service to sell the Iran Nuclear Deal on capitol hill today. They will brief lawmakers behind closed doors. ....