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Meanwhile, roach is still on the hunt for a targeted acquisition. Sales of nestle and car four tradi carrefour trading in the red. Good morning and welcome. The stoxx 600 was up as much as 1 about an hour or so ago ppts now down just below flat, 0. 13 . But even a decline of 0. 13 does not tell the full story. The uk and germany were both down nearly 3 . Frabs, italy, spain down nearly 4 and greece was down 7 . 7 in one day. What on earth is going on . Unsurprisingly, we see a bit of a bounceback today across the board relative to yesterday. The other european bourses are struggling particularly over the last hour, particularly portugal down 1. 3 . Portugal and greece are now down 30 from their highs earlier this year. Thats significant correction territory and most of the other major bourses in europe are now down 10 from their highs earlier this year. Lets look at bonds. We also have volatility in the bond markets yesterday. In particular, lets check on the u. S. Tenyear. It hit 1. 8

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