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Rates by a bigger than expected 50 basis points. Two president s, two messages. Barrack balm ball and Vladimir Putin hold discussions agreeing that the syrian conflict needs to end but disagree over the rule of the assad government. Lets remember how this started, assad reacted to peaceful protests by escalating repression and killing. We need to admit that nobody in reality is fighting islamic state. Good morning, everyone. Quick check on markets. Stoxx europe 600 is lower and one sector bouncing back today is basic resources and that is really driven by glencore. The stock was up by more than 5 . Well talk more about that during the trading session but too i want to show you what happened in the u. S. Markets overnight. We saw sharp, sharp falls once again. The dow off by 1. 9 . S p 500 off by 2. 5 and the nasdaq falling 3 . Lets look at european markets and how theyre doing. Xetra dax off by 0. 6 . One of the big determine nanlts of how the ftse is doing is glencore. We saw many of

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