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Transcripts For CNBC Squawk Box 20160628

Equities. This morning again a rally you see across the boards in some of the markets. Rather steep. Nothing compared to the losses weve seen over the last two sessions. Italy up about 4 . Spain up 3 . Remember friday the markets were down double digits. This morning the dax is higher 3 . The kcac. In is where things have gone haywire. Central banks have been watching closely and traders as well. The pound is down. You can see this morning the euro is pretty steady at 1. 10. This morning the yen the dollar is up against the yun. Finally take a look at crude oil. That is also a rebound to 47. 55. Here are the big stories watching today. Vocati volkswagon is expected to pay 15 billion dollar. Expected to be filed in court today. It will include 10 billion to repair or buy back 475,000 cars equipped with two liter engineers. Owners will receive up to 10,000 in compensation. Vwwill pay 2. 7 billion in fines. Lyft has settled litigation. The Ride Hailing Service accused of breaking confiden

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