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Ofn 5 lower from the highs 2014. European markets editor manus cranny on the touchscreen. We have had four Straight Days of declines. London and paris and portugal all rising. The managing index along with retail sales. The display of what is going on. A little bit of relief for one of the main banks. All risingel between telefonica and a deal on the table. Drop inils on the 98 agricole. Bindi just under 7 billion euros. Succeed percent of it will be funded in cash. The rest capital raising. They are trying to pay back share price to the half esters by20 to investors of 2015. Well keep an eye on the story. U. K. Construction, we get the Services Numbers today. 8 is in number 5 you are looking for. Hotels down. Billion. 10 the numbers beat. Those are two of the big east. Biggies. We have bmw and caroline will take you through the nuts and bolts. Telefonica is down 1. 5 . For vivendi. Gft caroline will take you through the numbers. The margins are doing better and the sales are doing bet

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