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A very warm welcome to bloomberg daybreak europe. This is the focus of markets. Much of it has come through better than what was expected by economists. That has highlighted the stabilization of the chinese economy. On your bloomberg, you can pull this chart. Figures year on year numbers coming through, the constant price year on year in green showing the stabilization, in the words of chief economist ,eport china at citigroup saying this is an economy that has stabilized. Away from the growth data, the wobbling in some of the equity markets is the impact we have seen from a closeddoor meeting that took place over the weekend. The smallit have over caps in china . That is something we will discuss later in the program. Lets showed where we are on the Global Equity markets. The msci index is up for a seventh day. We also have a soft sales day, which suggests a study gradual pace from the fed. The japan is closed. The new
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