The PMIs and the ECB's Inflation Forecast

The PMIs are a good gauge of what could be to come Andre. The most important thing to watch out for is the output prices for services as they actually ticked up at the last PMIs. Every single day in northwest Europe has been warmer than average so I will be intrigued to see if that feeds through to another strong services number. We've got to finish on what you thought about the ECB this week Andre pretty hawkish set of inflation forecast core inflation being revised up a little bit more than what folks are expecting. Could we see the ECB raise rates beyond the July meeting look into it and give us your thoughts.