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And -- now.
Like animated -- Breaking news the right now seriously coming in from Fitch have Fitch's is actually downgraded.
Spain it actually Webster happens to be right next to -- to talk about global market the first your reaction to that means I don't think I.
-- now in fact we understand is going to be an IMF report out early next week the shows that Spanish banks need a cash injection of some fifty.
Billion dollars so suddenly the credit outlook a little tenuous -- initial term.
But turns out the Ben Bernanke today has been a bit of may well -- spoiler following China's interest rate cut Spain's better than expected debt auction.
European markets were getting a nice boost but then the Fed Chairman was noncommittal in his comments today on.
Anymore bomb buying and the markets -- some steam pop in London.
Footsie still managing to gain more than 1% on the day the banks having a nice day while in Paris the cac finishing up by about four tenths of a percent.
As you can see in Frankfurt the facts affinity also finished up about eight -- now getting back to Spain stocks rallying -- today.
After the government sold a total of two point six billion dollars of debt -- -- a key testicles of market sentiment but the sale.
-- -- chiefly the average yield on the Spanish ten year note now just over 6%.
I'll look very expense.
That again -- huge built awareness on Spain which is troubling and also troubling is what's happening in -- for ten days away ten days when the elections and this could be probably will mean more chaos -- I think.
So I mean look someone -- it's a vote on whether Greece stays in -- drops out of the eurozone rather than electing a president but it is starting to get ugly.
Especially between the leaders of the radical right on the radical left just check out this free for -- during a live TV show in Athens.
-- -- -- -- -- -- -- -- -- -- It's look I mean I don't get a woman I'm done now and -- doing that.
Is the leader of the golden -- popularized the radical right.
And he's taking swings -- pretty radical -- -- -- recently arrested.
Well they came back he was missing from the panel but the show went on so I cannot -- an -- that -- assignment he's -- his men.
And all right we're actually left to thank you very much rather breaking news there and getting that reaction -- Dennis --
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