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Ingram markets analyst at BGC partners in -- Mike is today session being powered -- primarily -- action are there other factors each of you watching out for here.
Well -- -- certainly helped Spezza and there are a couple of other things that you think may be lending some support -- European markets are probably will be the next few weeks.
The festival live we have much better PMI numbers -- from the Euro zone.
Last week which confirmed the -- -- that we've been saying since you know march of this year.
And -- and the second thing is is that you know there is growing realization that are also pockets of value in terms of you know companies in European markets and on this for instance this morning reiterated its its upbeat guidance guidance for the full year and the stock was -- up.
3% virtually every -- aren't that has been pushing the idea that European spectacles.
Are undervalued I think -- ninety which might be getting some structure with investors right now.
As interesting looking at data for -- showed more lending to small and medium that British businesses -- -- looks like a good sign but we're still seeing mortgage approvals fall.
Is that needed in order to see a real turnaround in the UK.
Yeah I mean that's a -- lending is is absolutely vital being like -- western economies but the bulk.
Of employment creation comes through small and medium sized enterprises and if they had not getting lines of credit.
Then the economy as a whole suffers yes these about a credit numbers for the UK MS and he sector would you go to look at where they've come from -- -- capacities of -- of being -- to credit.
For the last four and a half years so yet it said it's a it's a very good stop.
But he certainly is -- we need to see much for the same go to school.
We'll keep an eye on that thank you biking -- -- BGC partners.
There is also a retail deal.
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