mr. carney is only allowed to speak into march 30. -- until march 30. guy: no. it's not.ays back he was talking about the fact this was finally balance. everybody i talked to said, mark carney must be spitting about this. i think this is the response. francine: he has to do it today because then we get on to the uk election mode. a bank of england governor cannot speak anymore. guy: the pound has reacted a little bit to those comments. back up. this is the cable rate 1.4842 is where we are trading. we are back up off our earlier low levels. francine: we will keep a quick eye on the bonus make. south korea joins the u.k. germany, and france to support china's the to create a new institution funding infrastructure projects in asia. guy: the u.s. has expressed concern about the governance structure. for more on the export credit landscape and the expansion of infrastructure investment, we are delighted to be joined by the u.s. export import bank chairman. in a bloomberg exquisite, nice to see you on this side of the pond. >> i have election envy. 50 days is such a nice compa

mr. carney talking about a strong pound.different picture, the monetary conditions, the trade weighted currencies that policymakers look at. we don't train crosses directly. you look at cable, which adds a risk premium. if you look at interest rates cable should be trading at about 1.54 or so. the election is playing into it. the point is that the weak euro is starting to impact sweden. we saw it kill switzerland. it is now impacting the u.k. it has got to end. it is becoming destructive. adam: i wouldn't go quite there but i would pick up on what david is saying about the u.k. even 1.47 versus 1.54 is not that big a deviation. the swing in sterling-euro is huge. so if i'm a policy maker in the u.k., i'm much more concentrated on that. david: when we talk about cable it came from 1.72. jonathan: and you are upfront about going bearish on sterling and everyone thought you were crazy. david: they still think i'm crazy. i think the weakness of the euro just can't continue having impact across europe. adam: when you say -- bad t