Listen: Equities rally slows as trade talks continue in Washington
"Let's start with banks. I'll let you take it over from here. Let's start with comas Bank. The the bank's index. Hey, so we had this report for the financial times that UniCredit considering preparing a bid which would according to. This would involve them building up his taking comes back and then combining with their own German unit if the deutscher mindue falls through and it's worth noting this morning. We also had a story that as far as it goes most size of the political spectrum in Germany seems to be giving a big thumbs down the Deutsche Bank, Commerzbank merger possibly could endanger for some point this year and UniCredit may well step in. Yeah. And the reaction we're seeing Deutsche Bank opening up down some eight tenths of a percent on the flip side. You're seeing Commerzbank actually one of the best performers on the stock. Six hundred right now of three point three percent. So we're seeing some reaction coming through the early doors. Let's talk about stocks related to the potential outcome on Brexit as well. What are you folks? It's becoming almost impossible now to predict what stocks are going to be based on bracing on the anything. Hey. That's not too far off. I mean, you would think is just talking about Bill went through actively blocking a no, do you could argue this adds more uncertainty because of course, everything agreed with the EU which seems to get forgotten when we talk about Brexit, but this morning a lot of the companies you would expect he benefit from. This says government contractors some of the domestic pencil Lloyd's, for example is much lower this morning down. But we also have a couple of going up. So some of the house Bill does Berkeley Barra. Their arising robot of Scotland is this morning completely mixed reaction. No greater action for breakfast, sensitive stocks this morning. I just want to bring some headlines coming through. Because of course, what we were expecting today was the listing of Merced drilling. So this, of course, a demerger happening from AP Mullah mercy. Api immerse shares by the way, falling some ten percent after that Moore, sterling demerger and looking at most rolling shares. They have been valued at twenty three point nine Bill. Danish kroner in the Copenhagen debut. I think that's the latest number. We've got but we'll come back to that. And update you as those numbers come through one. Keep an eye on saga talked to us about that. Yes. Saga pretty comprehensive profit warning from saga today. So the profit warning for the coming year there will say writing down assets changing the structure their business with the right downs mainly to do with the insurance business and they cut their dividend. So basically, everything you could possibly do to make a shell somewhat upset and indeed shares down thirty seven percent right now and actually fell a little bit more than just the they are going to be a day very much in the"