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Was purposely weakening the euro today. And we continue to see euro strength relative to dollar weakness. Draghiat is not what wants, he defined as not want a stronger euro at this point. And he was pushing back against the president. European equities going nowhere in a hurry today. The volume is actually reasonably ok. Some of the defensive names being sold off today, and you are also seeing something of a selloff when it comes to the bond markets. A little bit former come up by three basis points on the german tenyear. Today, just firming up a little happenswe wait what with the fed a little later on. ,he turkish lira, there were real weaknesses within earlier as there was talk of increasing sanctions on ankara as a result of the potential decision by the country to buy the s400 Missile System from russia. That really got the. Markets. Of the the dollar weakness has crept into the story and now, that is feeding on the turkish l ....
Universal Music Unveils IPO Plan for Later This Year Jem Aswad, provided by FacebookTwitterEmail Vivendi plans to list 60% of its share of Universal Music Group on the Euronext market in Amsterdam by the end of the year, according to announcements from the companies in the early hours of Saturday. The minimum target value for the company is 30 billion Euros, or around $36 billion. In a letter to employees obtained by Variety, UMG CEO and Chairman Sir Lucian Grainge wrote, “I couldn’t be prouder: not only is this a validation of our strategy, our teams, and our unprecedented record of success, it’s a natural evolution in the storied history of our company that will enable our entrepreneurial and creative culture to continue to soar. ....