these days, aboutn brexit, than i am southern european politics. saw in greece last year is really a template, there is some much you can do and there is so far you can go. at the end of the day, the maneuvers of these governments are very limited. of amber the ceo capital, thank you for joining us. another where he europe is the bond market. we have a two-year yield in germany -2.46%. that is the all-time low. the five year yield is -2.54% this morning. a record low yields in the two-year yields and five year yields. investors are shirking volatility. is that the safer bet? ♪ jonathan: good morning and welcome to "on the move." the shanghai composite is down asian session. we have all-time lows on the german two-year yields. the ftse 100 is down by 1.72%. e is below $40 a barrel. let's get to the bloomberg first word news. asra: asian stocks reserved oil slipped back to below $30 a barrel. that is that if u.s. data which global glut. the shanghai composite closed 6.4% lower. the coalition between chairs and oil is at its highest -- the collision b