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Action was yesterday. 10 year yields going down the touch after yesterday selloff and yields rising yesterday the most since september. German tenyear yields continuing their assent. The selloff is the biggest since the end of june. Dollar gaining today against currencies stacking up ahead of the open. David lets find out whats happening with first word news. Emma in the u. K. , theresa may is facing questions from lawmakers in the latest eu moves on brexit. These are live pictures from the house of commons. The eu brexit negotiator says the transition will in in 2020 and says there will not be anaa la cart transition. President trump is on the verge of his first major victory in congress. Earlier today, the Senate Approved the biggest overhaul of the nations tax code. The bill must go back to the house for another vote. Budgetdemocrats invoked rules to remove minor provisions. It slashes the corporate rate from 35 to 21 . South ....
Surveillance. I am Francine Lacqua in london. We start with data. It is eurozone pmi figures. They are just below expectations. When you look at the euro area in january, services pmi fell to 53. 6. Economists were forecasting 53. 8. When you look at the manufacturing pmi, it rises to 55. 1. Pointrecast was that 54 eight. Anything above 50 indicates an expansion. Services a little bit below manufacturingbut better than expectations. Lets get straight to the markets to see whether there is a bit of dollareuro movement. The is my picture for markets. Watch out, as always, for the dollar. It has been erasing some of the earlier losses. Emerging stocks are gaining. This is the picture for the european stocks, putting much flat. 1. 2502. D currently a lot of weakness on the turkish lira. The msci world index overall a touch up. We will have plenty more from the markets. First, lets get to the first word news. Here is nejra cehic. Nejr ....