in the united states, we re seeing the return of the corporate customer. welcome, everybody. you are watching worldwide exchange. ecb second quarter survey forecasts are showing us the euro zone 2011 inflation is at 1.5%. that minutes it s unchanged from what we saw during the first quarter survey. the euro zone 2010 inflation hicp, 1.4%, slightly higher than 1.3% that was seen in the last survey. 1.9 expectations, unchanged. gdp, 1.1%, slightly lower than what we saw the last time. for 2011, you re looking at a gdp level of 1.5%, slightly lower than the 1.6% seen the last time around. long-term growth is unchanged. they see only temporary inflation impact from the high commodity prices. they see a risk to growth forecast in to 10. so to the up side and slightly to the down side in 2011. let me introduce to you our guest host. ty chuey is from standard chattered bank. ty, we re looking at the ecb forecasts and we re looking at risk to growth forecasts in 2010 to the ups