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Than expected corporate earnings are helping to support the markets -- got London up almost thirty points Ferris is up about 2.4 Frankfurt's up.
Almost 72 let's take a closer look.
Outlets moving those markets -- Jane Foley senior currency strategist at rabobank in London Jane Germany's finance minister says Europe needs a banking union urgently.
And we'll have to get that -- on the basis of current European Union -- instead of waiting.
For treaty changes what kind of challenges does that -- There could -- -- to remember that heavier things make up of seventeen and separate countries actually got challenges but.
cool that this little pockets of the movement last -- in the summit last July there was a lot of talk about by Kenya need.
And this is of course part of fiscal union and many people -- jockey.
At that this is part of the solution for the -- and crisis that would we want to code execution on the table.
We've got to move forward with -- -- as some of this -- lost momentum in recent months but suddenly it's still very much -- -- still very much needed.
At the -- and to me for what.
And Jamie just spoke last hour about mark Mario Draghi -- at the ECB's ready to cut rates that being there already at record lows are last gets -- said that that's unlikely.
To make a difference is there anything else the Central Bank can do or is this up to the government's now.
But again nearly a year ago when they crisis in the -- -- -- was very much heightened levels of the obstacles that may be the ECB could potentially -- it.
By the -- of of a government -- at right now they would say that that's illegal.
Many proponents of that would say what Lewis can be changed but -- it would making need -- act heightens.
Adds that tension in the US and again for anything like that to happen says if we will to get -- to to that stay together -- we went.
Yes they would be things that could be done but right now I I.
-- they will carry on and writes a -- we have reached at their lowest levels.
And I says Jane Foley over rabobank we appreciated Jane thanks.
And we have --
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