let's get back to nandini ramakrishnan and viraj patel.ns surrounding the gulf states, what is a safe haven now? there is no specific safe haven you can run two. -- can run to. when you see the oil markets play out in a way investors are nervous about the heightening tensions in the region, we have seen a rise in brent and wti over the course of the month. it is not going away from the market reaction. we have seen that in the oil price. whether there is a safe haven out there, we suggest diversifying, not having all of your exposure in the region or certain countries. is it still yen, or also the concerns about the carillion kanaan scylla, yen does not jump out as a -- the peninsula, yen does not jump out as a safe haven. you have these geopolitical concerns, currencies have lost their oiliness here. that goes to show no longer can you use these currencies as a -- on oil. retain --. swissie francine: thank you. thepound dropping as british prime minister found herself under more pressure at a when crucial brexit negotiations start again.

joining us is nandini ramakrishnan, global market strategist atj. p. the ftse 100 are giving in opposite directions this morning. it is all connected, isn't it? they source 70% of their revenues from outside the uk, so cheaper pound makes their goods more attractive. they are more confident that they can sell goods and services to the rest of the world. that is why it plays out in reverse directions. the pound is a volatile currency, but why is it going down? it has been volatile over the last year and a half, starting with the brexit referendum result. there is no business about the progress of the negotiations, what will theresa may speak to those business leader groups about today and over the course of the week was like all these novas worries about the strength of the uk position versus the rest of the europeans. the pound will move up and down over the course of the next few months because of how uncertain some of the negotiations are. what are you watching out for this week?‘ negotiations are. what are you watching out for this week? a lot of da