denmark's danske a bank and it's now shuttered estonian subsidiary are alleged to have laundered illicit funds for years on end some 200000000 euros making it the biggest money laundering scandal in e.u. history it involves some 6200 suspects russian clients. number of money. you. make. currency you money laundering regulations have had very little bite so far now you finance ministers and the european commission want to harmonize regulations across the block improve communications and set up a common anti money laundering or therapy right now supervision is patchy at best. the inning to get people who want to launder money look for those european member states where regulation is weakest and they go there to carry out their activities that's a real problem. this isn't a. lot of money laundering goes on in germany as well through gold purchases or casinos and real estate is also a good repository for illicit money. it means laundering money by using illicit gear accumulated funds to buy real estate and it has very negative effects in real estate prices and in direct reports of upward pre

report, the doj is investing deutsche bank -- investigating deutsche bank, looking at did they help danskek move tainted money into the u.s.? deutsche bank has said they are not aware of expanded investigations nor any new investigations, so denying those reports. we are seeing shares called down, slightly weaker, but it might be that markets need to wait for more details before they really send these shares lower down. anna: thanks very much for the latest on the stocks we should be watching. for the latest stock stories, go to first go or via the mobile app. those are stock specifics but today could be driven by the broader narrative, and that comes from china. chinese pmi numbers, coming in better than estimates and as a result, we saw a positive response in the asian session, up .4% on the msci asia-pacific. to be a futures look little more muted, so we are not expecting such big moves perhaps, but the cac has woken up and the ftse waking up to the other side. we expect net something flat. the u.s. futures, pointing up 2% on major indexes. anything tolook for do with the china story, m