janet mui, head investment grade credit, ecm asset management and henrietta pacquement, head investment grade credit, ecm asset management. they both stay with us. most, theks slump the nation's trying to slow its equity rally. -- when youraveling are traveling to work, tune into bloomberg on digital radio. this is bloomberg. ♪ nejra: let's get a check on the markets. we are seeing red across the screen in asia, chinese stocks underperforming. -- the government wants to slow down the rally. dollar-yen, we are seeing a bid. yesterday we saw u.s. equities and s&p 500 drop below the 200 day moving average. concerns around global growth. do policymakers have the tools to fight it? europe banks underperformed as the new round from the ecb, terms not as good. the euro bouncing back after hitting a 20 month low following the ecb decision yesterday. european trade commissioner says the eu would have to retaliate if washington imposed car tariff s. the comments were made in an exclusive interview with bloomberg. report,ve not seen the we hope it will not recommend tariffs on cars for the europea