kallum pickering and james athey.london, sebastian salek. >> president trump about is that he will not make concessions to turkey to win the release of the detained american pastor. erdoganthat president wrote an agreement that would have led to the pastor's release. it will be day four in the trial of paul manafort. jurors are considering 18 counts of fraud and tax aversion. secretaryh foreign will call on the eu to impose new sanctions on russia. jeremy hunt is in washington, where he plans to draw attention to the poisoning. the u.s. has already imposed its own sanctions in the matter. the self-proclaimed will hold wall street has agreed to start repaying victims of this boiler room fraud. pay out $28rd will million for the sequel to his willful wall street book that was turned into a hollywood movie. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am sebastian salek. this is bloomberg. francine: thank you so much. the chief

joining us now live is kallum pickering, senior economist at berenberg bank.ountry with very supply prices aren't not inclined to write so quickly. we demand has softened price growth is starting to slow. there are different dynamics. does this mean we're starting to see an evening out of prices or is it too early to be talking about that? it isa too early to be talking about that? it is a london southeast story and then the rest of the country. outside of london has crisis have been growing in line with low wage growth. that's not very risky. we can live with that. inside london we had a big shoot up in house prices after the financial crisis and that has now corrected. that started to happen in late 2016 and is driven by the brexit effect were international investors are less keen to put their money in london. living in london, i don't mind that has prices come down a bit because it then if its people live there. whether it's good news about these depends on where you standing. it's good news if you are looking to buy somewhere but if you area looking to buy