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Live from bloombergs european headquarter. I am francine lacqua. A conservative Party Leader Theresa may repairs for government. To name her brexit we speak to black rocks Rupert Harrison pit we have some breaking news. Lets get straight to markets and see what oil is doing as the ia putting up reports saying there is records of oil supplies while the u. S. Output slumps. We had some rejection raise for how much demand for oil will factor in for the second half of the year. This is brent, 47. 74. This is just the latest from the oil markets. Overall, i wanted to talk to you about stocks and pound. The pound set for the longest rally in two months as theresa may takes office. We are seeing something strange. The european stoxx 600 seen a little bit of volatility. The stock has lost the momentum that it had in asia. Lets get to the bloomberg first word news with nejra cehic. Their mark carney begin twoweek pilot there today policy meet later. And are expected to cut that is the First Tim

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