John Mcfarlane News Today

Well. How it the euro is performing. We are at one dollar 1016. The emergency button. We are trading 2 lower. In terms of concern. It has been seen as a haven. I want to look at the u. S. That. Money u. S. Debt. Money moving into treasuries this morning. Chinese bonds have been rallying. Similar in japan and germany. We are looking for that safety right now. Money tentatively starting to go back into italy. Hope that we might see some sort of deal struck in greece. Finance ministers talking abou...

You are very welcome to the pulse. European leaders are speaking openly about the possibility of a grexit and say they now have a detailed plan in place in case black scenario happens. They have said sunday is the deadline for greece to accept a rescue or risk in booted out of the euro. For mroore we are joined by guy johnson in athens and hans nichols in berlin. Hes i nn brussels, excuse me,. Lets talk to guy. Guy, obviously, these banks are still close. Whats it like in greece at the moment . ...

Brendan the Chinese Government seems to be in full panic trying to throw things at this to see what they can fix. Tom we mentioned barclays news. Jenkins is out at barclays. Here is vonnie quinn. Vonnie another round of Government Support measures the benchmark shanghai composite index is down more than 30 since june 12 through investors have suffered more than 3 trillion loss on paper. The Chinese Government has taken steps to prop up more cap stocks. At one point participants were locked out o...

Further support. A final deadline of sunday to prepare a new package of reforms as the block is prepared for a grexit. Microsoft is taking an ax to its work force again. The fresh layoffs will impact the hardware and smartphone business it acquired from nokia last year. In a surprise move barclays announced the departure of Anthony Jenkins. The search for a new ceo takes place. He said we are leaving value on the table and a new approach is required. He added that independent executives had conc...

I am manus cranny. A big day for greece. And the last hour, the government repaid 5. 8 billion euros of ecb, imf, and bank of greece. Angela merkel said she is prepared to talk about debt relief but ruled out any haircuts. Chancellor merkel greece is in relief, private creditors allowed in debt cuts with lower Interest Rates. We can consider as they are part of the mandate was the program has been review successfully, we will discuss that very question. Manus the banks have reopen today after be...

Bit. Right now we start with vonnie quinn. Vonnie good morning. Greece has made the deadline it could not afford making payments totaling 7. 4 billion to a number of creditors including the imf and the European Central bank. Greece got a bridge loan after its parliament agreed on new austerity measures. Greek banks reopened for the first time in three weeks but there are limits on withdrawals. Angela merkel says that is one of the reasons bailout cost need to go quickly. Merkel is also suggestin...

Countdown. Lets start with twitter and the roller coaster that was the share price. The initial reaction to the number bound bounce was positive, jack dorsey started to speak candidly about the shortcomings of the business that is when investors started to rethink and the stock fell. Fascinating roller coaster ride. Lets talk about what has happened in the u. S. More broadly u. S. Stocks calling time on the longest losing streak since january in yesterdays session. Stock was up, better than esti...

We are live from bloombergs European Headquarters in london. Coming up this hour, autos. Peugeots first half earnings surge. We are speaking to the cfo live from paris in about 10 minutes time. Make sure you stay tuned for that. First up, barclays german john mack farland says hes going to step up the pace of cuts to the british lender. The Bank Reported secondquarter profits of 1. 8 5 billion pounds. That matched analyst estimates. Profits at the Investment Bank jumped 35 . For more, we are joi...

Hear what the Federal Reserve says about Interest Rates after wrapping up its today policy meeting. Its twoday policy meeting. A survey by bloomberg put the odds of a september increase at about 50 . In china, a late rally in stocks. The composite the shanghai composite index rose 3. 4 halting a fallen a fallen one at 11 . The government reports Oil Inventory figures a few hours from now. The congressional review of the Iran Nuclear Deal is entering a new phase today. Managers will hear from def...

News het trump told nbc would have fired james comey even without recommendations from the justice department. Is the u. S. On the right rate path . The market seems confident, but will consumers support the case . Theill ask Charles Evans of chicago fed in an exclusive interview. To the program, everybody. We are less than half an hour to the european open. Let us have a look at what is happening on european futures market. We will be a little bit starter at the start of trade. The ftse 100 cou...