Almost 11 today decline. Every Industry Group is declining on the stoxx 600 today. Credit risk is increasing. The cost of insuring european corporate debt is rising. The market i tracked europes ex on Investment Grade surpassed 100 basis points for the First Time Since october 2013. That is psychologically important. Lets talk about some of the big individual movements. Ins is the big m a story the region. Look at the syngenta intraday share price. The swiss pesticide maker was up 7 . Now it is up 2. 7 . Kim china has tabled cam china has tabled speaking to Aaron Kirtchfeld in about 20 minutes times. Swatch. Shares are down 1 . They were down 5 earlier. Analysts questioning whether it can reach its sales goal for the year. We have bank of america and Merrill Lynch saying retailers have too many unsold watches in their inventory. Demand is weak as well. They are being heard by a slowdown in china. China is the biggest market for luxury watches. So switzerland very much the center. Betty