and joining us now in his daily business debut, daniel mahoney is u. k economist at handles bank. and thank you very much for joining us, daniel. and so how would you describe the market reaction to tonight becoming a prime minister today? after all, with trust, we saw russians in the markets. what was the reaction with sooner? you know the reaction stay in the market, so it's very positive. if you look at by you and currency suggested that they were quite positive about what happened during the day. say, get you down by about 30 basis points and much more than european counterparts and studying didn't really react again the dollar. and the week before, however, we did have a bit of a write a case study in terms of what happened with the financial market, say when jeremy hunt took over his chancellor took over from coffee courting. he noticed a number of you turns to fiscal policy. markets directed well to that, obviously, less truck, the prime minister. resigned later on that week we didn't see much reaction from markets. volatility did return on the friday, and that was when boys