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Welcome to countdown. Im guy johnson. Anna is down in brighton. We will be with her shortly. Let me tell you whats happening on the markets. U. S. Futures are a little softer at the moment. Over the last half hour, they have started to firm a little bit. When i was in this morning, the s p was called down by 0. 5 . As london traders start to make their voices heard, maybe we will see that continue. At the moment, u. S. Futures are looking a little softer. In around an hour, we will find out what the european picture is. In terms of the news at the moment, market still feels very jittery. This is quarter to date. This is the japanese yen continuing to massively outperform its peers. The market is looking for a safe haven. The japanese yen is where it is looking. Big moves into the yen continuing. That is a quarter to date figure. An interview in a french paper, Christine Lagarde talking about maybe cutting global growth. Again, ....
The surprise the parter of ill gross. Chancellor George Osborne is expected to reveal more pension reforms. We are live at the Party Conference. You are very welcome. I am manus cranny. Lets talk switzerland. Lets talk ubs. A couple of different things. They are changing their share structure. Creating that vehicle gives them two things. It means in times of crisis it would be better to wrap them up. Too big to fail. Important index is how much money, transforming them. They are streaking ahead. Into jumps two months they have done the job many thought they were due in three months. They are going to get lower Capital Requirements as a result. This is where the real lines come in. A are talking about foreign exchange. They are talking about foreign exchange. Are underestimating. Involvent would material penalties ....
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