Good morning, everyone im carolin roth great to have you back on the show once again. Were roughly one hour into the trading session. Lets show you how were faring. A bit of a mixed picture the xetra dax up 0. 2 . The ftse 100 up 0. 50 . The cac 40 and the ftse mib are slightly underperforming lets show you what european banks are doing this morning were seeing a rally across the board. Deutsche bank up 0. 2 . So, these banks, they have been rallying for a couple days now thats because the expectation of a steeper yield curve in europe but a couple other factors, such as shares at hsbc trading at twoyear high after Morgan Stanley upgraded the stock to overweight boosting the price target by 20 to 84 hong kong dollars londonlisted shares are trading higher this is the big story which boosted banking stocks across the world. American banks are rolling out massive dividend increases and buyback programs after the fed gave a green light to shareholder payout plans at the 34 biggest u. S. B