bart chilton will join us as we look at some of the challenges in regulation in the markets. >> londonon holiday today, so this is probably a little hard to spend. we are british, we don't go way to go -- for the whole of may. we leave that to the french. >> i realize it is a different dynamic in europe. here, it is a cliche. if he sold in may, that was a dumb decision. we will talk to citigroup about that. >> we are all waiting for st. ledger day. more.rro has >> we are on lows of the day. we have the dax down 1.3%. spain and italy training low as well. london is closed. what isg reflection of going on in ukraine? may be. we have a little bit of risk aversion. come to the 48.1 in the hsbc reading. month.h straight if you look at data, it has been trending lower ever since october. is ayou're also seeing lower dollar yen, money going into the japanese yen and the japanese currency by about a quarter of one percent. the dollar's getting weaker and the japanese yen getting a little stronger. it has been a bad day for data. the south african rand is trading lower. also pretty weak. weak.a