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In Europe stocks are also waiting to the downside this morning.
We've got London down 126 Paris is down ninety -- down more than 200 points.
And that's -- a closer look now what's moving those markets and Jane Foley senior currency strategist.
At rabobank who joins us on the phone from London that Jane is this primarily.
About -- stimulus -- answers there more to this selloff this morning.
There was a little bit we're not particularly in Asia and I was because we did see that's -- -- mind around that coming into the second.
And -- this combination of these two events but it good if you consider that huge amounts of bet against that we've seen in the industry such -- -- got -- Market at the last say six months.
And then regrets it -- and with.
It's a huge difference of becoming central banks and of course is -- that is central banks that they need to Scott takes from the federal way.
And that equity market that is a market become.
And Jane on that data from China -- that have more of an effect on the US or Europe is once out of this have more to fear.
Well they hit it -- -- European markets that's because obviously we have -- -- -- -- before the West Coast.
-- remember that the European Union is China's largest trading partner and perhaps some of the -- and attacked China.
Is that a function of the fact that to you this -- is in recession said maybe -- -- and it did and questioning.
Europe but it could set the value of the and then it gets -- -- conduct it is very Heidi that's different political issues but he for the US.
All right that's Jane Foley a rabobank over London we appreciated Jane thanks.
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