discussioneen some and koroda has released this review.sily come out of this and say, look, i have reviewed it and i've decided my way is the right way so here we go. matt: i wanted to point out to viewers using the terminal. there are great functions in this machine for looking at central-bank policy. just the basics, boj go and fed allow you to get so much information, deep, deep data digging. go, what'sd ecb interesting to me is what draghi boe go, to do or what carney is going to do. dan: neither is scheduled to appear. if you are draghi, you are probably welcoming this time out of the limelight. everybody's talking about the fed in the boj this month. if you are draghi, you're probably, like him a thank god i am not the focusing more. thing they have dedicated that is on their mind, for the eurozone, you can't think that brexit has been a complete catastrophe. scarlet: not yet. that has not been the case yet. matt: as much as we want to. dan: i'm not going there. [laughter] matt: it is interesting -- it is going to be an interesting c

koroda? alix on will vote with this. jonathan: it's been pretty fascinating. is nothing to sneeze out. the bank of england rate decision tomorrow and payroll friday from new york. this is bloomberg. ♪ jonathan: from new york city, this is "bloomberg . of 1%. are down 2/10 european banks are actually leading the gains after leading the losses yesterday. the one toate is watch in the next 24 hours. ahead of the bank of england rate decision. wti is south of $40. as yields back up to five year highs, treasuries are up. bonds to stocks, we can you down to the cash open in new york. david: we are just under 30 minutes away from the opening bell in new york. this is "bloomberg ." been talking about european banks and societe general was up in their earnings but it was because of asia. jonathan: it's a low bar. yesterday andered are snapping back today. i'm interested in the decision from bank of england. it's the divergence between italian banks and everybody else. and others lowered their provisions where unicredit had to raise theirs. back: we will have to

>> that's a great question and in some ways, that's the shakespearean tragedy of abe and koroda.aking a massive inflationary effort come back against demographic forces that have been at work since decades. the advertisements are all for adult divers. david: you cannot fight the demographic. you need to take some action and there is a fairly modest amount of money and the fiscal stimulus to fight demographics. is the political situation in japan at the point where people are willing to put up with real reform? are said heprimus wants to do that but there has not been much progress. >> if you are going to have a big majority, you want the one that abe has had. the opposition was banished. if not now, when? mark it's a great question. we are not seeing any emerging political strategies. alix: when do we get that? you have to start somewhere but you have to have some structural change in order to move the market in the next 20 or 30 years. >> one thing they wanted to do with the initial burst of stimulus was to buy time for companies to start investing, buy time for other things to