Anna very warm welcome everybody to our new headquarters in london. The confirmation of Jerome Powell there this week and u. S. Tax. On the risk radar, weve looked at the political story in the u. K. He pound down what can be done to enable progress to move on to the tray conversation . On the oil price, we are down by. 41 , but not high not far from the highs. Abouting coming to talk output cuts. And next the tea, what is xp t, its that coin. Rally of 17 . Of 40 in the past two weeks. Up 800 year to date. Is the cryptocurrencies going mainstream . Is it covers investors or fear of missing out . Manus breaking news. There is a new ceo at julian bear. Julius bar julius baer. Holder is the new ceo. The board of directors has appointed him with immediate effect. They look back at a very successful year. Strong operating momentum. He has been the chief risk officer. He was named deputy ceo in 2017. He has been a member of the executive since 1998. Not a shock at all. Lets talk about anothe