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This is this Imus in the morning.
Around on the farm -- -- resistance several pieces of economic data this morning including the latest read on durable goods that comes in.
At the bottom of the hour orders for October are expected to show a decrease of point 6% from September.
When they rose nearly 10% in the prior reading.
Durable goods are products built to last three years or more like dishwashers and cars and if you take out the transportation component.
Orders are expected to fall by half of -- percent after climbing 2%.
In the prior month that number comes out at 8:30 eastern at 9 AM we'll get the latest reading.
On home price is with a -- Shiller report.
Prices for the twenty city index for September are expected to climb by half of -- percent from August.
On a non seasonally adjusted basis year over year the index is expected to gain -- two point 9%.
Greece's lenders have reached -- deal clearing the way for the debt ridden country to get more money in an effort to remain solvent.
Euro -- finance ministers the European central bank and the International Monetary Fund say they are all satisfied with Greece's financial reform so far.
And had given EOK for the country ciresi received.
In the 57 billion dollars in aid that money will come in several payments starting next month.
In addition to the aid Greece -- lenders say they're also prepared to consider other measures to support the country.
Including cutting rates on bailout -- suspending interest payments for a decade.
And giving it more time to repay loans Greece's debt is not targeted to fall 124%.
Of gross domestic product.
By 20/20 and well below 110% of GDP.
By trying twenty to.
Checking the markets now here in the US we've seen a -- to market this morning Dow futures are down for the -- up almost one point the nasdaq's up five.
In Europe in addition to reacting to this Greek aid markets are also reacting to Spain selling five point three billion dollars in T bills topping its maximum target.
Meanwhile the UK reported -- third quarter GDP increased by 1% from the second quarter.
Un revised from the previous estimate stocks are currently up across the board.
London's up -- six -- up thirteen and -- up about 46.
Let's take a closer look now what's moving European markets -- Schroeder's head of global and international equities versioning -- of over in London -- Greece's creditors finally reached a deal that's being looked at as very positive but what does it say.
That it took another twelve hours of discussions in the third meeting in two weeks to finally get there.
-- I said you know I think if we where a year or two years ago it might have taken us three weeks OPEC said this is pretty good.
I think what it is -- you had some discussions that happened in the last ten days.
And KDDI MF was there he keen on maintaining.
I would say some -- but also some principles and it had to be negotiated further.
And -- -- this target of 124 from 190%.
Of debt to GDP in 2014.
Two was 124.
Although the IMF for -- and he had a 120 target I think that was.
-- he -- -- partner that helped in terms of the extension.
Of 20/20 two that was originally agreed last week so I think that was positive.
And a -- to be short within the European timeframe.
And the Spanish bond auction you know -- -- topping target -- how optimistic should investors be about this.
What I think in general if you looked at it Cindy if you look at you know the recent bond auctions is definitely being.
Improvement and I would say.
You know positive.
Sentiment from investors.
You still hot in the case of Spain -- to watch very carefully the outcome of -- seconds and only in.
-- you know election referendum.
And and the potential fragmentation that you have there but I think all -- -- The fact that Greece has fallen it's compromise if she won't and and some help fund.
From leaders are ignored -- to get a little bit more time to get to its target I think is quite positive.
Right that's crazy made no -- Schroeder's -- geeks talked to receive thank you.
Let's get the latest on weather now from meteorologist Maria Molina in the -- business weather -- snowy day period now that's right good morning and good morning everyone witnessing some -- across portions of the northeast and even some rain as we head -- -- south.
Across state of Maryland Virginia and even into portions of Texas and Louisiana but.
This storm system is a relatively quickly over our and also -- having me so we're not expecting impressive snowfall accumulations or rainfall accumulations that -- some venues.
Travel of course -- will be impacted and as far as how much -- -- talking about.
-- -- -- between 24 inches across parts of Pennsylvania down into parts.
A West Virginia overall here -- -- across New York City and coastal areas.
Not too bad maybe about an inch or two parent that's Maria Molina from the -- -- thanks Maria and then.
Imus in the morning continues right now on Fox Business.
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