asian stocks are next but futures for european indices do appear to be pointing at one reason and bester citing us that there did appear to be a slowdown and the number of new cases in elliott but also the number of new cases in china continues to slow but i think it's really too early to be talking about optimism here at the development of this virus has been really unpredictable. let's take a look at italy here how concerned are investors about the impact on an already fragile economy and possible knock on effects. and esther's are very concerned a lot of economists are now saying italy is all but certain to fall into recession this here things like tourism retail hospitality are definitely going to be head but the bigger concern for investors is really going to be supply chain disruptions things like business shut down production line shutdowns that companies already are and posing and italy that could really have a knock on effects on. the other economies in europe just a day in frankfurt thank you. meanwhile many chinese are returning to work as factories closed over the coronavirus

o conversations we are having our asset classes and bester this is a let's get the latest on the coronavirusithout being too dramatic. we have had cases and detection. opinion columnist max nixon is here with us. things have deteriorated dramatically. max: i think the things markets are -- markets are focused on is that there are expanding numbers of countries and expanding number cases ash number of cases outside of china. that will have the biggest disruption to trade, the biggest disruption to individual economies. as of china wasn't enough, being one of the largest economies in the world. overnight, in attempt -- an attempt of president trump trying to calm things down which i don't think was as well received as he had hoped. --t of that was not if there is one of those cases, and in this case, the patient was not tested for several days on end. that is something that will make markets skittish for a while to come. is: max, the who recommending countries without breaks attempt to contain them while preparing for widespread transmission. -- containment possibility possible in the united s