tom: james bevan. be at the lunch. this will be very important; i will be having the chicken robert. a lot of people showing up. janet yellen, 12:00 noon today. we will have complete coverage on bloomberg television. good morning. ♪ francine: i'm francine lacqua in london; tom keene is in new york. this is "surveillance." let's get to the bloomberg business flash. vonnie: thank you. the ecb prepares to ramp up debt purchases friday; before then, mario draghi will get another chance of the gloomy outlook on inflation. consumer prices in the eurozone fell in march for the second month in a row. unemployment likely stated double digits. investors they have until april 11 to submit its for its core internet business, according to "the wall street journal." it includes a stake in alibaba. about 40 companies have signed nondisclosure agreements, indicating they are interested in making an offer. and a wall street executive has been arrested on charges that he scammed investors out of millions of dollars. he

james bevan. andng up, oslo, oil negative rates.e bring you an interview with norway's finance minister as he gets into the world's biggest sovereign wealth fund for the first time in history. ♪ francine: markets are higher as investors react to draghi's stimulus package. let's head to the bloomberg. mark: hi. what a 24 hours or so it has been. this is the stoxx 600 after draghi announced his series is to miss measures. it rose as much as 2.5% since falling at the close by 1.7%. we're risen from there and over the two days now, the stoxx 600 is unchanged. draghi prompted the drop by signaling more rate cuts will not be needed. this index is on track for its first weekly drop in four. daylar chart, euro two chart. we saw it euro 1.6%. then it ended the day 1.6% higher. the two day move is a gain of 1.3%. the euro has risen by all 10 of peers.0 the bond market was amazing yesterday. but those -- most incredible one was the spanish 10-year which yesterday fell by 20 basis points. the end of the day, the yield rose by two basis points.

francine: sorry -- tom: i love what james bevan neverendum.ay, the >> hopefully it ends june 24.. we tom, i wanted to show you a quote from jack lew, speaking to charlie rose. he says "i don't think it's good for the europeans, the british, or the global economy." thet right that we have u.s. coming here like obama wants to, or is it counterproductive? and two, is the eurozone -- a lot of this movement, will it be on euro? >> i think these are tricky questions. the first point i would make is from the u.s. perspective. the u.s. has made it clear, which is its preference as far as u.k. outlook. it's also one that is probably easier rather than purely the impact on the u.k. it's easier for the u.s. to negotiate with groups of countries. you'll probably see these groups continue to have opinions on this, and why not? it should all go into the fold? tom: stephen saywell. coming up later today, really looking forward to speaking with glenn hubbard of the columbia business school. he had a fabulous question yesterday for chair yellen. we will speak to hubbard on new reaction functions.