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While maintaining the price of Economic Growth . This is bloomberg surveillance. Im mark barton. We have headlines from the ecb. It says debt sustainability concerns have risen in the last six months amid a potential increase in yields. The ecb says risks to Financial Security stemming from Financial Markets remains significant, mainly because of the possibility of a rapid repricing in Global Fixed Income markets. It says an abrupt repricing could materialize because of spillovers from high yields in advanced economies, in particular te advanced economies, in particular the United States. The fed has raised rates twice since last year and policymakers are predicting two more in 2017. Unconventional ....
Welcome. We are here in london. I am guy johnson and francine is not here. She will be back tomorrow. We start with the bloomberg exclusives. An infusion of fresh cash. The real deadline for greece is june 30 and it is up to greece if they want to stay in the bailout program. Hans nichols is in berlin. The finance minister does not appear to be in a mood for compromise. No. The only way you could see compromise here is if he says now is not the time to have talks on further debt restructuring and may it may be time after june 30. There are so many payments that have to come through and it all the pens on how you look at it. It is either reality or pessimism. You can almost hear the frustration and the words he chooses. The problem has been extended twice and runs through june. If greece wants the remaining funds, a solution must be found. The deadline is the 30th of june. That contradicts what he has been saying and he is hopeful for the deal at the end of the month to unlock some that ....
No substantive answers coming through at all. Harris unchanged. The dax has yet to get itself open. This machine is not helping me today. Waiting for richemont to open. Down 8 , nothing to laugh about there. They are not changing prices of their product. Cartier watches you think of those exclusive brand names in the richemont family and their sales are under pressure. Areva bank up 8 yesterday. I cant even talk for long enough to get those through. Lets move it along. Dollar down, yen strengthening. Bank of japan leaves quantitative easing at ¥80 trillion. Will they do more . That is a subject that you will focus on. We have the biggest weekly decline in yen and rise in dollar since february. Morgan stanley, they essentially say, theres the overall picture for the past five trading sessions. They maintain they say buy dollaryen, by dollar, selye in. The stocks around the 118. 70 level. I leave you with a last look at sterling. Back to some of those luxury stocks, we have an opening p ....
Saudi arabia will oncene day sell solar power instead. We are live at the climate summit. Mark welcome to countdown. Coming up, i will speak to two England Rugby champions in the first interviews of the day. That is a conversation you will not want to miss. Anna mark is not looking forward to that. Lets bring you up to speed with what you have missed. U. S. Stocks climbed to record levels after Economic Data added to speculation the fed will not rush to raise interest rates. Crude oil rallied while the dollar weakened. Mark david englishs ingles is in hong kong. David we are up a further 2 . A fourday run. Not an ordinary fourday run. The biggest so far this year. I think we are up 300 points. Just from last tuesday, 400 billion of market cap added. That is for the shanghai composite. Volumes are quite heavy. Double the threemonth average. Take a look at the charts, some of the ....