matt: peter schaffrik, global macro strategist/analyst, rbc europe is still with us.hisve been chatting about in-house. it was just tweeted that yesterday's exuberance is repeated over eagerness for whoseve policy outcomes trade case is low. do you think that is the case? first of all, on the market side, i can see that argument clearly. on the broader issue, it is difficult from the outside to see what is really going on. you are seeing stories about meeting, then nothing comes out. now we have a story that this time will be different. it is different for the market to get a good read on that. you also have these volatile movements around any news that suggests something is happening. seemedthe equity market to see it as good news. payrolls today, it might be skewed by employment, but if we get a strong payroll reading, is the equity market going to read , and the bondews market continue to selloff? peter: i think currently it is likely skewed by positioning. it is a cheeky excuse, but currently you see the reaction will likely be in that direction. if we have good n

europe, we are seeing a lot of movers. swatch to the upside up nearly 5%. just yesterday, it was suffering from rbcits price targets, saying it is too exposed. that stock is getting a huge boost today. the italian luxury maker very well known for their trendy ski jackets, also getting a boost. 4%, the company behind gucci. and not just luxury makers, hsbc, standard chartered, and credential -- prudential. up nearly 4.5%. so any of the stocks that are touching hong kong are moving off of that news. you know, i count on you as a style icon. annmarie: [laughter] those chinese left over from the 80's montclair jackets, are they still fashionable? annmarie: they are still quite fashionable on the slopes. you will see when you go skiing in austria this winter. matt: thank you very much. maybe we will hit the slopes together. annmarie hordern with a wrapup of all of the stocks that have been affected by the hong kong news. really affecting markets and asset prices around the world. we will continue to cover everything out of hong kong and the risk on sentiment. this is bloomberg. ♪ anna: welcome back to t