Called for the investments in new machinery. That is the promise from a lot of companies at the moment. It looks like a big vacuum at pimco. It seems unexpectedly he has resigned. The chief Investment Officer will stay on, but the question leaving . He is there a clash of personalities . I will be back with the details a bit later. Equities are rising. Francine has already had a discussion. What is the overall view on markets . 400 quack 400 10 days. 408 days. It has been a longtime since we on vat index. Ease futures pointing up for todays trading. We have the ftse up. More outperformance in italy. Storyoing to tell you a in the bond markets. About the eurozone and borrowing costs in spain and italy. The average yield for these bonds at a record low. Is this a false dawn . I will let you discuss that. The epicenter is not in the eurozone. It is here in the u. K. Because today we get unemployment from the u. K. , expected to come down. This matters because we inch closer to the seven p