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Eurozone Out of the Woods?

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    Brenda Kelly of CMC Markets gives her outlook for the European markets.

  • Duration 1:33
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-- -- but from more on this right now.

European markets and what's about to happen to those markets let me go live to London we're joined by Brenda Kelly chief market analyst for CMC markets -- good morning to -- and you heard -- Just talking about the compromise that's brought down yields on.

Italian and Spanish bonds we've seen this before they shoot right back up a week or two from now are we out of the woods or is this just delaying the inevitable.

This is a little bit of Pennsylvania -- fellow -- -- of night does seem like that Germany did fold somewhat but they'll play -- was put under immense pressure because of course on the market didn't -- sidekick in the form of that president former president Sarkozy so in some ways it's a good paying on that I've seen as a net positive but.

I don't necessarily think that six point 4% and a ten year debt.

Is exactly sustainable and we're also seeing that the actual videos are off our nose at the moment selfish in some respects -- think -- the fact that we're coming to the end of the week we're coming to the end of the first -- on the end of the actual quarters while selling some ways -- -- some sort of decent results.

And from some of the companies coming -- next at -- an ex wife next week.

I'm and in some ways I think the bears were slightly exhausted over the last week or so consolidation -- signing off on staying in cash.

I think in some ways there was a second -- up.

This expectations for so no not at this was hot hot to see if pop in the markets.

Alright Randy Kelly we appreciate you joining us live this morning here on the Fox Business special report the players licking their wounds and getting some -- that they will be fighting again -- have a feeling.

You and I will be talking about the next European summit roughly --

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