It is a bit lower from where we inrted in the early going the morning. However, the s p is rebounding from some session lows and we saw the Chinese Market moves down again. Nymex crude down 2. 5 . Irang coming out they aret to say ripping of production as fast as they can. To 1090 perdown ounce. Pimm lets see we can take a look at the fixed income markets and bonds and see what traders are doing their. Re. A little bit of writing, 287 for 2. 8730 year long two for the 30 year. Here is currencies . No. We will just say that the dollar is stronger against most bond by the way, just because we saw those equity indexes, use of the s p and the the nasdaq higher, mainly because of that Lexicon Pharmaceuticals announcement. Go to the top stories at this hour. President obama is said to bring his case against Global Warming to the American People. The plan is sure to generate a lot of backlash to the president previewed his plan by posting a video on twitter, and proposal calls for reducing em
Lacqua. We are getting breaking news from the eurozone. Pmi figures coming in below estimates. Euro area manufacturing pmi falls to 51. 9. It is not surprising. We had not only a weak but a weak german number had an impact on this eurozone manufacturing pmi. Guy it was interesting listening to the minutes out of the bank of england yesterday, suggesting that the slowdown in the state is temporary. May some evidence beginning to emerge that this very early recovery in the eurozone is starting to falter a little bit. Francine eurodollar, 1. 06. You can see the drop. That is when the german figure came out. The European Central Bank Emergency funding for greek banks. This comes ahead of a meeting today between Alexis Tsipras and Angela Merkel on the sidelines of this european immigration summit. Reports of a softening stance from the eurozone on reforms is what we in what weve been hearing. Hans nichols joins us from berlin. Nikos joins us from athens. Hans, what does the ecb limit tell u