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Cousin will mama and Danny Blanchflower. I mentioned the risk on rally that we have seen, yes, it is sustainable but not when it comes to dollaryen. Jonathan futures positive for tents. Dax, the ftse 600 up. The bloomberg dollar index is down about 2 10 of 1 . Dollaryen on the back of the but thinly we rolled over, unchanged on the session. Market,ook at the bond twoyear yields up for basis points in japan at the frontend. They did not cut rates, they left them at 0. 1 0. 1 . Is moving away to target the shape of the yield curve going to do anything . Ingles in tokyo and Carl Riccadonna in new york getting us ready for the Federal Reserve policy decision. Want to begin with you, david walk me through what we got from the bank of japan, was it all style and no substance . Was widely considered a smart move because what they did was essentially took additional action without having to commit report explicitly commit to more stimulus and in the process they kept the door open for them to

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