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Good morning, welcome to the program packed full of fantastic guests to give you you updates and analysis on where we are in trade. If europe, higher by 0. 8 . Coming off the 3 1 2 month low that we saw in the close on friday, helped along by optimism on the negotiations to avoid a fiscal cliff state side. We saw quite a rally in the u. S. On fridays close and that is feeding through to europe here this morning. Ftse 100 higher by 09 , xetra dax by more than 1 and ibex 35 more than half a percentage point. The bond markets, the question is whether or not well see a lid on on bond prices on treasuries especially if we manage to overt a fiscal cliff scenario, if we see productive talks continuing. Right now were seeing the yield on on the ten year bund just a little bit higher. Were seeing a bit of buying taking place in the spanish and italian debt market on the ten year and a little bit of selling on on the gilt. The currency markets just to give you a full update on where we are, we h ....