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Worldwide exchange starts now. Good morning and welcome to a very special presentation. Im sarai eisen reporting from london. Good morning live in brussels where european leaders are set to meet for a usually submit following last weeks brexit vote. Much more on that, but first lets check in on Global Markets this morning. Some signs of sablization really for the First Time Since the brexit vote. S p futurings pointing higher. Dow up 136. So something compared to the losses the stocks had seen over the last two days. More than 800 points, but clearly a little rally going on. Nasdaq up 32. As for the u. S. Dollar, currencies in the center of the storm, the british pound gets some much immediated relief. 133. Up by a little more than half percent. The euro gets a boost and the japanese yen. Reversal of those safe haven and flight to safety that weve seen. Also want to point o ....
recently. but look at the way we performed compared to the rest of the world. we were down 2.3% on the s&p 500, but the rest of the world had a pretty tough time of it overall. spain was down 5.4%, brazil was down 3.4%. right across the board it was a pretty ugly day. about the line is we re doing bad, but the rest of the world is a lot worse. european banks had a horrible day and it wasn t grees oig,s it was the concerns about spain, although the spanish prime minister said it was utter madness all stupid speculation. nonetheless look what thoops some of the big banks. how about the u.s. markets? right here remember financial reform is going on right now. they will be voting on some amendments, maybe even in the next few hours. bottom line is the stocks that were down the most weren t the ones who would be affected by this the most. it was the regional banks. they re the ones that had the big run-up and that s the character of this market. it s the stocks that have had ....