maybe what he's saying is that the brexit vote may bring about a more unified eu. if the u.k.otes to stay that would make the union stronger. a try want to clarify. and just reading the headline here. we will continue to follow these headlines and we will get clarity on that. making some very interesting points there. japan will stay with us. we are minutes away from the open. up next, we will look at the potential corporate movers. analyst missing estimates. what is going on in luxury? ♪ guy: we are minutes away from the european open. some of the stocks to pay attention to, richmont in the focus today. sales plunged 18% in april. also closed lower this morning on a negative read. they are both in the watch business. just a quick comment from you. when you look at the consumer around the world at the moment, the only driver of growth is the -- by lowconsumer is bouyed inflation. incomes for the majority are doing all right. that's the only can of growth lever out there. it's the hardest nut to crack. if your fiscal and monetary levers are exhausted, and you consumereliant on

eu strategy. drawn a lot of criticism for not having a unified strategy in dealing with the refugee crisis. the u.s. is drawing criticism for the way it has been dealing with the migrant crisis. i pulled out an article from "the washington times" indicating that the state to setting amitted single day record. obama is trying to meet his target of 10,000 approvals by the end of the year, but the acceleration has actually renewed fears among security analysts who say that essentially the administration is cutting corners, and all this to make a political goal. cyril: also in the press, and especially in the french papers, they continue the unrest in government upon insistence to push through its reforms to the labor code. the hard-line unions here are slowly paralyzing the north. >> that is right. a major standoff is going on between the government and the cgt. the trade union is leading a protest movement. therding to "le figaro a," protest movement runs out of steam. it is an interesting strategy to read about. a man is interviewed, the former leader of another trade union, the cftc. he say

g-7 leaders were unified on the negative effects of a brexit and the british prime minister use the opportunity to call for the u.k. to stay in the eu. >> if you leave the market inevitably you will end up with worse terms than we have now for trading with europe. >> the final declation included a pledge to tackle the migration crisis with more financial aid. >> one year ago, nigeria's first president took office in a democratic transition of power. it has been a nightmare ever since. the drastic drop in oil prices has read tablet on nigeria's economy. -- rick havwreaked havoc on ni's economy and citizens are despondent. >> for 20 years they have imported cloth but with the country in deep economic crisis the situation has never been worse. traders have to use expensive black-market dollars to buy goods. he has already had to let go of five of his nine employees. he hopes -- he holds the president responsible. >> i don't see any hope herere. it doesn't look like he is going to change in the future. if he has not going to step down we as a people will continue to. we will do something. for the government, the worry is so insensitive

eu and the global economy. fermen says we don't need more uncertainty at the moment. >>urman says we don't need more uncertainty at the moment. >>. >> coming up the meeting in washington today. can they unifyty? top stories from the campaign trail next? >> first here is national weather forecast from the weather channel's jen carfagno's, jen. >> thunderstorms moving east. we're going to see the ohio valley, tennessee valley, parts of the southeast getting into the action today. today more of a threat of the damaging winds and hail. the tornado threat much lower for today. could it be that we could have a day without rain in d.c.? it's been now 15 days in our nation's capital with rain. if we get rain today it would be 16. there is a better chance of staying dry than we have lately. it is not non zero either. great weather in new england. sunshine. warming up in the west with sunshine. temperatures above average the trend there for the weekend. and get ready a big cool down in the upper midwest this weekend. enjoy the 70s today. and that is your coast to coast forecast. i'm meteorologist jen carfagno. "worldwide exchange" continues after this. i'm val, the orange money retirement squirrel f

countries of the eurozone move to unify more and more of the way they govern themselves many changes will be applied to the uk as well because we're already subject to eue legislation in those areas. so, for example, if the eurozone, as they integrate more closely, take a decision about how to operate their banks, britain and the city of london are affected by the same rule changes and we can do nothing about it. as the eurozone federates and eu becomes a single bloc with a single government, what does happen to that bit stuck on the edge? the united kingdom? we will have little ability to defend our national interest, we will be outvoted all the time but more and more, our law making will be sucked into brussels. we will be of marginal importance politically, we'll still foot a large slice of the bill, but we will be outvoted again and again. the united states, our friends and allies, would never ever, ever accept that here. why should it expect its closest allies to do so? that is why we must leave. but where does it leave the united states and our mutual friendship? no two countries have worked more closely together over the years to secure peace, d