barnaby martin, what do we need to hear from these guys tomorrow? barnaby: it is predictable. talk about the qb rates or in early, the ecb goes into panic mode and the doves say we will be slow at removing accommodation. they will make it clear to the market tomorrow that they will be very cautious about raising rates to early. the sequencing will be, and qe and then think about raising rates. they look about bund yields in the last week, it is de facto a tightening of financial conditions which makes it even tougher for the ecb to receive their 2% inflation mandate. outcome the doves. guy: the gap in europe is colossal. it is being filled. unemployment down to 8%. a big german constituency within that here they have a lot of road to work with. the inflation story starts to become an issue. expect poordo not inflation to get about 1%. mario draghi as a challenge to continue to commit the market they are on a path to their target, which is sustainable inflation. it seems challenging for us. you look at germany, you want to see wage bargaining, wages go up . the longer we do not