i m sara eisen. and i m wilfred frost. good morning to you from me as well. and happy friday. let s have a look at u.s. futures. sharp declines. over 1% in the dow. expected to open slightly positively. essentially we are flat in the pre market but called higher by 4 points. and the s&p by 1 and the nasdaq by about 17 points. let s look at the 10 year treasure note. yields ranging around 1.7 and 1 .9 over the last three weeks. china s central bank fixing its currency t yuan higher. in fact at the sharpest pace since 2005 when china removed its peg to the u.s. dollar. there have been huge swings in currency all week long led by yesterday s massive jump in the yen. how did i miss that? a 3% move in the yen. bank of japan s surprise decision to do nothing and leave the monetary policy unchanged. and of course the big importance is the chinese currency s depreciation in the beginning of the year that was spooking markets and it s gone the other way and that is calming. th