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Funds, equity markets open a little bit lower. We have had german confidence numbers, the gfk confidence numbers the highest since 2006. No risers in germany. On the dying side. And moremore defensive cyclical plays coming under a little bit of pressure. Lets check in with the companies we are keeping an eye on over the opening session. We have some headlines in reference. Tdf, where the french government, they are placing about 3 of gdf throughout. They are selling part of their holding there, about 3 so they can fund the purchase of 20 ofalstrom. It is pricing at the bottom of the range, around 20. 20. 18. Pharmaceuticals, what does it take to get a deal done . Hey have been rejected 51 pounds would be the appropriate price to get it done. 3 billion pounds more than currently offered. 4. Re up 1 tesco is going to go to their atm. Your strategy, your stock at a tenyear low. Keeping an eye on currencies. The aussiedollar. The great debate will be whether australia cuts rates or not. A
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