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Take a closer look now what's moving those markets.
But James Hughes chief market analyst set up -- over in London James this is a surprise drop in jobless data from Spain last month fell by about 100000 there.
And it cut acuity unemployment rate is 2187%.
How much of a difference can this make.
Well not necessarily that must be perfectly and it's dynamic now I think.
Firstly you have to see this is it is it good thing I mean we've seen unemployment.
-- -- -- -- We've seen on a youth unemployment up around 56%.
I mean the -- unemployment numbers -- -- about 25% for quite awhile so I mean the fact that we are moving in it in the right direction I think he's -- good thing is there's no way to say that.
That this move -- is a turnaround in the unemployment situation always -- to keep except.
To what we've already seen within the fact that this is getting slightly -- it's starting to move in the right direction would definitely be seen as opposed to things by now of course if -- Such tremendous problems -- unemployment is such a long time.
Any movement in the right direction he's going to be seen as opposed to things.
And -- just saw a rebound in UK retail sales does that keep the Bank of England on hold at this week's policy meeting.
Well I don't know I think this is I -- reach us as always.
Seem to not reach a thousand perfectly -- -- -- they're the real true reflection of all of all of -- Pumps are doing when they got out on when there on the high street but it it putting their hands in their pocket that is the -- -- that we will have to.
To look at and then we'll look at GDP you know these -- and -- but -- people listed in the hands in the pockets and and spending money that's a -- positive things that hi don't necessarily think -- we're expecting too much from from this week's meeting anyway.
But I -- I think we've we've communicated in the meeting off to basically giving anything so but I think it almost doesn't put it on hold and it.
For a little ball but altitude on I don't think.
All right that is used over enough highly appreciate -- -- thanks.
And we're getting earnings in now from --
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