That is pulling off a bit of risk appetite. Off thein france dollar weakening. That is an interesting move ahead of a potential rate hike. 3 getting a boost, up by this morning. Check out one fx area. All about the turkish lira. This is the dollar weakening. The turkish lira siphoning as a get an easing in the shortterm. Being formedority after those elections over the course of the weekend. The ak party sweeping into party. 49 of the vote, it would seem. And becomeat the president and leaving the government . Fx turkish lira is to strengthening and so are turkish stocks. Lets have a look at european stocks. There is some interesting earnings. The banks and focus. Ff by 20 as we get off by. 8 as we get the business delete the business raining back in production. A reduction in fines to the tune of 1. 4 billion. That is how much they manage to rein in those costs. Managed to rein in those costs. Ryanair up 2 . Yet to ask yourselves why . A record summer, 58 million passengers flew. See
Well. Many saying of course, will there be more hints of Central Bank Stimulus from the European Central bank. Many think a new change across the board. Lower sideing on the of things, if youre looking at spanish equities, france up by 4. 5 . That werth remembering are basically at record highs one we are at stocks worldwide. We currently have world equities 47. 5 trillion dollars. Tradingthe s p, 500 very near those highs. Up, pretty significantly this morning. We will dig into that deeper. Story, bank of America Merrill Lynch Research saying 45 , almost half of all government bonds, currently yield less than 1 . That is what the likes of mario draghi, the likes of carney in the united kingdom, have been doing. All of this stimulus has led to low yields. We still have germany and negative, minus 0. 03 . United kingdom today, ahead of the centralbank decision. Currently seeing money fillsinto germany, just up that 1 level. Saying, at at pimco the moment the risk reward doesnt stack up.