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nominee of the republican party? john: i think one of the things that is overlooked is the extent to which he has been cagey in a canning cunning way and he has figured out a way to capitalize. the key components of his victory, the elements of the republican base, the elements that are populist, native, isolationist, some would say xenophobia, you could put different verbs and adjectives to a cap desk to it, but that face has been growing and no other candidate has been able to say, i am going at that and combining it with his skills, his able to dominate the media, that was the. the really getting what was going on in the party, at the core of it, in a way that a lot of what do not appreciate. mark: and the field was weak, much weaker than people thought. and donald trump presented change and not being a politician. fiorina, andcarly ben carson, who were also anti-washington, but nobody entered the race with a clearly defined brand that said, you guys do not like th ....
john: i think one of the things that is overlooked is the extent to which he has been cagey in a cunning way and he has figured out a way to capitalize. the key components of his victory, the elements of the republican base, the elements that are populist, native, isolationist, some would say xenophobia, you could put different verbs and adjectives to it, but that face has been growing and no other candidate has been able to say, i am going at that and combining it with his skills, his able to dominate the media, that was key. the really getting what was going on in the party, at the core of it, in a way that a lot of what do not appreciate. mark: and the field was weak, much weaker than people thought. and donald trump presented change and not being a politician. ted cruz and carly fiorina, and ben carson, who were also anti-washington, but nobody entered the race with a clearly defined brand that said, you guys do not like the direction the country is going in and he ....
dubai. breaking news. anna: from the clothing retail sector, let s get straight to those numbers. better than estimates the best way to summarize in terms of q1, 705 million euros, better than the estimate of net profit, first-quarter sales just a touch ahead of the estimate for the first quarter. they are saying that sales in 1 to juneose 15% may 13. and looking at the number, that is coming above estimate as well. many, thene of the global presence is perhaps insulating the company from tougher sales backdrops that they might been seeing in various individual countries. but i would not stop some negative fx implication, we performance of weak performance that they cannot but better numbers, than estimated. let us turn to the brexit question, manus. the eu referendum on the 23rd is just eight days away, marking them off as my calendar goes. we have a series of charts illustrate how the market is looking at the story right now. manus: we have. look, no doubt about it. ....
will the fed chair change your view of the u.s. economy? morning, less than half an hour away from the european equity market open and what is session it was yesterday. the bulk of the european forces up 3%. some really stellar gains being posted. today, this is the fair value column. it looks like london is good to sink a bit but only 1%. elsewhere it looks like we are going to add to those amazing gains. starting to see a little bit of the correlation between what is happening in the ftse and the rest of the market. have a look at some of the assets. the pound coming off of its lows, it was trading lower. now we see it trading flat. yesterday s stellar gains that we saw it on the equity market. we saw it in the pound surging 2.4%. today, just flat. i signed a light on the dollar index. we are seeing it slip for a fifth day. the longest losing streak and 11 weeks. yellen takes the hill as testimony starts. will she sounds more dovish? stocks rallying on what might be s ....
some breaking news on pending home sales in june. let s head straight to the market desk where julie hyman has been one and the data. julie: weaker than estimated. .2%.crease of two on the one hand, we have very low mortgage rates and on the other hand, rising prices seems to be offsetting any gains from the historically low mortgage rates. coming in below estimates for the month of june. in the meantime, we see all three major averages higher. in the meantime, we have been watching apartment landlords on the real estate front. stocks been watching like equity residential which came out with earnings earlier. it seems as though the issue for many of these companies is manhattan in san francisco, they are seeing greater than equityated weakness, residential cutting its forecast for the third time this year, offering a lot of incentives to renters to try and get them to rent here. are under pressure and i just want to pair that with the pending home sales number we just ....