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This way. It is all about implementation. We expect greece to deliver results in the next coming days. This will mean legislation passed in the Greek Parliament to show that the will to the reform is really there. And of course there are a lot of discussions needed in the parliaments of many member states, including estonia. If greece shows good will, i believe this is doable. Nejra one of the big issues through the discussions was trust. Do you trust greeks to implement what they say they will . It is clear that trust has been lost and i can also put it this way, we can slowly rebuild it. It doesnt grow very fast. Today was a step in the right direction. Nejra i understand that this fund has been set up and part of it will go toward recapitalizing greek banks. Talk to me about what else, if anything, is going to be done in the coming days and weeks. I think the liquidity issues are up to ecb to explain. This is not something i ....
Will determine whether the country gets a new bailout. Prime minister Alexis Tsipras is counting on members of the opposition to get the plan through. Last night the Prime Minister said he agreed to the deal only because he had a knife on my neck. The result of the euro summit and the eurogroup was the result from the pressure put on a country and on a people who have decided to go in different way. Vonnie a new report questions whether greece can deliver those Economic Reforms without debt restructuring. In china, betterthanexpected news about the economy did not boost investor confidence. The benchmark shanghai index fell. Earlier china said secondquarter gdp rose at an annual rate of 7 , which beat estimates. Chinas central bank has cut Interest Rates four time ....
Street. You see the s p 500 and the nasdaq the nasdaq is up about a third of a percent, dow industrials unchanged, but still showing negative today. Exxon mobil and chevron, the biggest u. S. Energy producers, hunkering down for a prolonged stretch of week prices. They posted their worst quarterly performance in three years. The lowestting profit since 2009. Chevron reported its lowest profit in more than 12 years. The marketcing route forcing 2. 5 billion in writedowns and charges. 1. 5 . Brent crude down gold futures, they are up. Beenet they really have the driver year. Looking at treasuries, you see buying there. It is so much more sensitive to where Interest Rates are headed than on the longer end of the yield curve. That 10 point 2 . Look at the 10year yield over the past month. Coming down we do not measure by percentages, but 15 basis points. 2. 2 . At looking at currencies, the dollar takes a hit today. Look at my bloombe ....