Caroline Hepker

France, remember, holds 50% of KNDS and has been planning to sell shares in the IPO in order to cut its stake to about 40%.

But let's look at the markets.

European stocks this morning actually in the red, down almost nine-tenths of 1% for the U.S.

stock, 650, 100, dropping six-tenths of 1% this morning.

Zeta-DAX down by 1.1%.

You did have a decline yesterday in the U.S.

session for some of the big...

tech names, SpaceX and Alphabet.

And that led into the huge decline that we've seen in the cost be dropping some 10% despite a circuit breaker being brought in through the trading session in South Korea.

So, is this a kind of bigger rethink in the AI space?

Is it a bump?

Is it an opportunity to buy the dip?

Anyway, it's also the 10-year anniversary of Brexit today.

So, we've got an analysis piece about that.

Thinking about bond markets, though, don't seem too spooked by yet another

Prime Minister in waiting in the wings, maybe three basis points lower for 10-year yields, 4.77%.

U.S.

yields down three basis points at 4.48%.

The pound, yes, is a tad weaker down a little bit against a slightly stronger dollar.

Oil prices down by 1.5%, $76.69 for Brent crude futures.