June 25 - Another week, another summit. This time investors aren't expecting any new concrete steps to solve the region's crisis. And that's being reflected in the markets.
And although we economic Euro -- just don't hold your breath for any solutions cost experienced -- investors to be skeptical. New initiatives on fifth hole I haven't -- enough will be done to stop Italy and Spain being sounds. Into the abyss sole black continuing to take your -- on Europe's markets. Stocks are falling for a third session while the Euro weakens as well it's back below a dollar 25 -- hedge funds had to be the big sellers. Oil is on -- to -- its biggest quarterly poll since the financial crisis ninth 2000 nice with ample supply from OPEC. Adding to downward pressure Brenda Kelly of CMC markets as expect further falls ahead. We're seeing on a full clocked out we're seeing even the west -- to media falling below the eighty dollars I think we could see 75. Before the end of the summer. I'm possibly see some -- a run there but I certainly think there is of a certain bear market in oil that we haven't seen the end of yes. Looking to choose they Spain's treasury plans to issue up to three billion euros worth of free and six month bills and auction. Spanish ten year yields jumped today just started to just over six and a half percent. German consumers probably held steady going into July shoring up pope's private consumption and supporting Europe's largest economy. Through any slowdown in export tomorrow. NATO members will hold urgent talks in Brussels to agree a response to Syria which shot down a Turkish warplane without warning. EU foreign ministers urging restraint saying that increased pressure on Syria's president Bashar Assad. That is open now Benny had IMAX Acropolis is Royces.