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111. 7. Its higher than what analysts were expecting. Current conditions index 111. 7 in january versus the consensus of 11. 6. German january coming in at 106. 7. Thats the overall level. We should point out in general were seeing stronger than expected Business Climate index data rising in the month of january. We should point out that it institutes german Confidence Index did rise to 106. 5 in december. So better than expected numbers here out of germany. The Business Climate index. Joining us now is discuss is david owen. David, quick take away on what were reading now. It carries on the trend. You saw on the upside. We have for friday and highlights orders for manufacturing and services in the highest level for five months. If you look at the real data in the Third Quarter of last year for the eurozone overall that grew at the fastest rate since 2007. We are seeing a consistent flow of data surprising on the upside. I think europe is recovering. How do you think markets will diges

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