robert sinche and alessio de longis.mber and the fed meeting, just kidding. dow futures up 55. stay with us, bloomberg "surveillance." ♪ ♪ francine: welcome back. bloomberg "surveillance." coming up in an hour, the bloomberg rate survey -- rate decision. europe back to pre-level qe levels. the eurozone recovery is fragile . these are questions mario draghi will be fielding after we get the rate decision later. the single best chart. tom: let's go to something from rbs. alessio de longis, this is an emerging market debt that can help. confluence of a u.s., china, and u.k. to a certain level. the tone is how the u.k. came in, the austerity. china is at a dead expansion. the u.s. is doing what we are doing, thank you paul ryan. emerging markets have lifted a little. you mentioned earlier the idea of emerging markets having a thenrent that dynamic developed countries. how important is that? mr. de longis: extremely important. something to look at deceiving. when you look at the emerging average, you can take looks so low, wh