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The pound rising for the First Time Since the uks decision to leave the European Union. We have seen recovery of investor appetite for higher yielding assets. Urrency markets zapping demand you can see the volatility index dropping down 9. 8 . When you look at the underlying compass for this slightly entrenchment slight entrenchment, Monetary Policy and the Central Banks to stay firm. Will get one that. We will bring you Mario Draghis speech live from portugal. The skip to the bloomberg first word news with nejra cehic. Nejra David Cameron is set to face his european leaders for the First Time Since the brexit results. The Prime Minister will endure an awkward dinner with his cohorts later after his efforts to calm britains failed to stop the pound from slumping again yesterday. George osborne has made it clear that the u. K. Will be poor in the wake of the brexit vote. The u. K. Chancellor added that the country is a certain to need hikes and further spending cuts. He ruled himself ou
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