a lost loss in momentum of global activity has slowed the pace of economic growth according to peter praet we'll speak exclusively to him at 10:15 central european time >>> let me take you to the market action in europe. after yesterday's losses on the benchmark, we closed down 1% and in correction territory, the stoxx 600 bouncing decently. a fair amount of green is splashing up on the heat map if you drill down to the major indices, you can see it's across the board. france is supported today. 0.6% even more on the german stock market, the dax, we've not seen this for a while the tax has been flat. 11,416 is thelevel we're at. the ftse making gains, which is curious, we're also seeing a bounce back in sterling today. the dollar was the key currency to trade overnight the sterling bounced back. going with it has been the uk stock market and italian stocks, too, ftse mib trading higher by 0.2% a little more cautious versus the rest of the markets. telecom italia with some key moves. we'll come back to that story. i want to tell you how sectors are performing industrials are strong telecoms