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Records and commodities enjoying their best weeks in five months. Nejra is official. The conservative party reserved a majority. Boris johnsons victory will allow him to carry out his promised to get brexit done. Aside from the parliamentary majority, it gives him free reign to take britain out of the union in january after four years of gridlock. The hope for an end made the pound jumped the most since 2017, highest level since may 2018 against the dollar, and the strongest rate against the euro since after the 2016 brexit referendum. Apart from it, its also worth noting Jeremy Corbyn said he would not leave the party in another general election and the lib dems leader has lost her seat in scotland. Taking a look at how assets reacted, you can see the pound jumped over 2 overnight. Us are ever to guests. Welcome both are our two guests. Welcome both. I think the pound could push higher. I think 1. 36 could be within isch, sterling ....
Illian. Has joke at the end it reminded me of churchhill as well. Do you expect Boris Johnson to try to emulate his idol . Will he try to boil down the middle now that he has such a big church and keep all of these voters with the conservatives for longer . Christopher well, i thought that was a most interesting part of his speech. In my opinion, perhaps the most effective was his candid and disarming, even charming admission that a lot of the voters who put him back into power with a large majority have him on probation. A very nice parallel with his election as the mayor of london when a lot of traditional labour voters supported him and they have now supported a conservative party. That, i think is notice also in the rhetoric, one nation conservatives. He remindednation, himself that that is the formula. What does that remind you of . , not labour,labour but new labour. That was the slogan of tony blair. Clearly looking to put a ....
Search business. And prudential prepares to deliver firsthalf earnings in about 15 minutes. Profits are expected to surge by 10 , but investors eye the challenges ahead. Welcome to the show. Lets get straight to european markets, which were indeed quite strong yesterday. A slew of earnings and oil prices recovering by a couple of percent allowed equity markets to perform relatively well, better in europe than in the u. S. , but positive across the board. Now, today we are down 0. 6 for the broader stoxx 600 as you can see, a correction from yesterdays positivity and more of a continuation of how august as a whole has kicked off. Ftse 100 down 0. 6 , germany and france down a little bit more than that. Athens is in positive territory and seema will tell you why. Absolutely. Lets take a look at that top story. Greece and its International Creditors have agreed to a deal on bailout terms following long negotiations. Finance ....
We have a packed and great show for you today. We speak exquisitely to the ceo of italys biggest bank. Jeanpierre mustier. In 10 minutes from now. And in our brexit show at 9 30 a time, and another exclusive and that comes from terra firmas justin king. Breaking news out of china, on a day where we are seeing nervousness on the market spirit and this is what we are seeing on these China Foreign exchanges. For the end of june, coming in 5 trillion, below what economists were expecting. Lets check on the markets. Overall, its the selloff we were talking about yesterday that seems to be continuing. So, were seeing a little bit of a repricing on some bonds. Bund,year german yesterday at this time we were at 0. 49 , then we touched 0. 5 , 0. 57 . That means there is a little bit of a repricing, for example in the italian. You can see this index at 12. 52. Lets get the first word news. Is being seen as suspect behind the hacking of a doz ....
From london. Im francine lacqua. The chinese president begins a visit to the United States today. It is his first as chinas leader and comes with growing tensions over cyber hacking. New data from their most used suggests that the worlds secondlargest economy is stabilizing. We will have more on that in a moment, but first lets get the latest on president xis trip to the states. Cyber security seems to be a big problem. They will talk about the economy as well. They certainly well. The whole issue of cyber security, francine, and Cyber Espionage will probably overshadow this meeting as one of the most contentious issues they will be discussing in washington. Between problem lies the way that you define what is acceptable as espionage. The u. S. Thinks if you do best be large, Cyber Espionage, for the purpose of military ....