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Offer for aer lingus. A very warm welcome, live from bloombergs headquarters in london, i manus cranny. In a bid to keep his country in the euro, Alexis Tsipras has offered to meet most of the demands made by the european creditors in exchange for a bailout, 53. 5 billion euros. The package of cuts, tax increases almost mirrors the proposal put forward by creditors to weeks ago which were rejected by greek voters in the july 5 referendum. Alexis tsipras is insistent on restructuring debts. Guy johnson is in athens, hans nichols is standing in as well. Guy guy what is your take . Guy you could look at it in a number of ways, most obvious yes he accepted everything they creditors demanded. I suspect there will be changes along the way, yes, it feels as if he blinked. You can understand why the greek banks if they do not open on monday will be bankrupt. That is a major blow for an economy already flat on its back. He has signed up fo ....
Plus what to exfrequent the market over the next six months. Hes making some unexpected calls from foreign leaders lots of news happening on the auto sectors today plus the new tesla model set to hit the streets at the end of the month. First up its the first trading day at the second half of the year. Futures pointing on whats likely to be a low volume day. Market slows today due to the 4th of july holiday. Well get a few notable pieces auto makers will be out with june sales throughout the hour and the president tweeting about the state of the markets and the economy. Wages will start going up. It has never been stronger actually pointing to a narrative that some believe will be written in the second half if we finally start to see another kind of reinflation trade. Or if they dont. Theres actually movement. Its incredibly dangerous im superstitious to tweet about how high the market is the same to me is just tempting fate. Why over saying its like peace for our time and i think its ....
Over the last couple of days that now is the time to take something off the table . No. I mean, youve run out of one of the necessary drivers to send the market higher and that is obviously trading volumes. Dried up. Weve all said it the last two weeks. Thats not anything new. I dont think the fact were going to turn the calendar page is anything new either, judge, except that, perhaps, and i think its overblown, people who delayed sales if they all of a sudden like jim has alleged decide to make those sales early in the first couple of weeks of next year, yeah, that could cause a little water fall. I think it will be little. I dont think it will be look at the underpinnings of this rally since election day. Whats it based on . Its based on a change of tone. Its based on a change of people are more optimistic about whats going to happen for the country, for the economy, for stock market, for corporations. I think its optimism. I think its clearly optimism. Its reflected in United States , New York , City Of , United Kingdom , Ned Riley , Ken Senna , David Rosenberg , Tim Horton , Tom Kloza , Joe Terranova , Erin Brown , Aaron Brown , Ronald Reagan , Melissa Lee , Brian Sullivan , Jamie Dimon , Little Water , Consumer Confidence , Mark Farber , Jamie Dimons , Well End , Year End , Economy Much , Just Got , Home Sales , Mortgage Rates ,
Let us get to the state of the overall markets right now. Despite the dreadful attack in turkey, the markets are focusing elsewhere it seems. It seems amoment, relief rally we saw yesterday seems to be broadly intact. Let us have a look at that. We will have more on turkey later in the show. In terms with the market is doing right now, volatility has pulled back as the clock continues to tick on the brexit story. This is the s p 500 and the nikkei volatility indices, both taking down. Yesterday, slightly more risk entre in the market. Are we expecting too much, for a little bit too much in terms of what they can deliver in the wake of the brexit result . We will have a look at that as the weeks and months unfold. Looking at the risk radar, underlying we are in markets right now, the msci asiapacific bouncing very strongly, 1. 7 higher. It has now recovered almost half of what lost in friday, which is interesting. The gold price is also up. Do not be under the impression that everything ....
Unite against these terrorists. The notion that any political agenda will justify the killing of innocent people like this is something thats beyond the pale. We are going to continue with over 60 nations that are pound ing isil and are going to go after them. In the meantime obviously our thoughts and prayers are with those who have been lost. And showing solidarity european monuments were lit up for the belgian people. The brandenburg gate, eiffel tower among others bathed in the colors of the belgian flag. Melissa, just moments ago the Denver International airport evacuate add section of its main terminal as they investigate a possible security threat. In the wake of the situation in belgium, airports across the United States have heightened security. The terminal levels were five and six at the airport. Flights continued while the possible threat was investigated. We ....