Also in this playlist...
This transcript is automatically generated
Morning you talk about yesterday in the European markets our guest last hour said that.
-- -- buying with oval blob that the rally was over one review by that.
I do think to some recent history from -- pins making hay while humans Americans backs -- -- we'll see whether.
Normality regimes today but as you said we are seeing expecting a strong start for the -- the softening and -- it -- -- really.
On nonfarm so there's a sense I -- a positive -- is returning in some small measure to the markets at the moment.
Wouldn't want that came out of the European Central Bank let.
The head of the banks that and what we saw all with the Bank of England do you do you need to hear more.
From the ECB in terms of setting a target for what they want unemployment to do in that nation very much the way that the Federal Reserve is done here at six and a half percent mark on one.
Monday night kind of target might help release to the ECB sending we -- that.
That and -- -- from the Fed has really helped.
To get -- -- look full -- both ways when I start to be reached what does the -- was the CP.
Do that -- through a case of a lot of talk and not very much action.
The ECB and that that pat has held the line.
For a single currency and kept everyone calm but if they started -- that the talk isn't -- -- -- -- That's when the problems start to stop set.
The ECB needs to senate had -- -- if it is to keep the column for -- and markets and Chris at least there was some calm that returned with regards to Portugal is.
Do you think our last.
I think it's looking as if the situation is starting to stabilize we've lost city government has has been looks at the PM -- staying in -- coalition will hold.
But now so that will calm investors but it will be an area of concern as -- go through the summer we know the Portuguese on best pleased with austerity measures -- safety and I'll.
Chris have a fantastic weekend and I know you'll be watching along with Ryan.
Tough course yes of course enjoy -- HM IG market analyst joining us from London now let's get.
Filter by section