brendan brown is still with us.should not overplay the optimism in that deloitte survey . it's clear the optimistic -- optimism has bounced. in terms of where you see the u.k. story heading at the moment , obviously there are various threats to follow. there's the legal challenges taking place as the role of parliament in all of this, were getting closer to the end of march when we are likely to see a little bit more detail about what it is theresa may's government wants to achieve from the brexit conversations. >> there's a realization that the key negotiations will be with germany and angela merkel with the german elections coming up next october. there will not be any big breakthroughs early on and it may await some u.s. intervention from the trump administration, a more general grand bargain. that's all very hazy. , the confidence surveys are reflecting a combination of first of all, the general À la kaz improved and that's important to the u.k. anna: what is the trump role that you see? >> i think the deal betw

mark: executive director brendan brown joins us next. is the yen week? is the dollar strong?ch further has the moved downwards? >> the yen has weakened overall, but so has the euro. the key in looking into next year is going to be the geopolitics, the u.s. japan relationship is absolutely fundamental from japan's point of view and you have to get on the right side of trump given the competitions from china -- the computations from china. the government is not going to be trying to inflame relations with the u.s. facing a currency manipulator? bojeanwhile, the doj -- the do anything about brexit. the economists we have surveyed -- what more can we expect from the boj? >> the boj is in a difficult spot because it tried a few months ago to launch a tapering operation by itself. but at the same time it has just paid for long-term interest rates. the markets don't believe that they can have long-term interest rates at zero with long-term yields not as much without intervening more in the bond markets. i don't see anything today from the boj announcements. mark: they have long-term