is going to have to step in all right nick parsons head of research at australian national bank thank you so much for your insight and we have a little bit of time left so let's take a look at european markets and currencies and russia of course see how they're doing europe of course is still rising on the hopes of crosses them with us later this week as you can see there are forty other dogs scattered over half a percent it was like a look at the exit rates the euro is reversing last week against the greenback when it comes to vasa its makes the guys both major currencies a quick look at the russian markets where we see gains for what straits and for the my side and similarly the r.t.s. is gaining over a half a percent as well and this is what we have time for and that's the version of the business for now i was going to go back to more if i can give you the stocks as we have time most of the blue chips are naturally higher we have noise like i was at super stand there and what we're. the company is at its core metal that's of course nec all the output of a rose by seven percent in t

growing major economies like russia are also called higher risk now this gus the session earlier of nick parsons from national australia bank and first i asked him whether countries then do anything to minimize those risks. countries outside the eurozone can indeed seek to protect themselves they can cut interest rates they can print money in the case of countries like switzerland they can effectively put a floor on their exchange rate so they can seek to protect themselves against disruptive capital flows they can seek to protect themselves against a collapsing trade but all this is really seeking to minimize damage rather than avoid it why do you think the breaks in the african countries are also high risk i looked at the reports russia was ranked number fifty one hundred sixty nine and and that's really not what you'd classify is the highest risk so i think some of the spin that was put out was perhaps a little misleading an old bearded ball comforting for you guys over there. but i say with this is that or is reading service believes that banking systems of russia and the c.i.s. are in littl

economies like russia though are also called high of a school i discussed this issue earlier with nick parsons from national straining bank and first i asked them whether countries can do anything to minimise those various. countries outside the euro zone can indeed seek to protect themselves they can cut interest rates they can print money in the case of countries like switzerland they can effectively put a floor on their exchange rate so they can seek to protect themselves against disruptive capital flows they can seek to protect themselves against a collapsing trade but all this is really seeking to minimize damage rather than avoid it why do you think the breaks in the african countries are also high risk i looked at the reports when russia was ranked number fifty one hundred sixty nine in and that's really not what you classify is the highest risk so i think some of the spin that was put out was perhaps a little misleading an obit bowl comforting for you guys over there. european markets are doing they're still trading right now and basically there was seen a lot of optimism and that's on