simon derrick is back with her — what do you think about it?nk the government is trying to control how we eat. but i don't see why, if you consider something to be bad for people's health and you have been consistent, doing it for tobacco, why should sugar be different? the telegraph has a story about how prince charles is calling for a blue economy to save australia's great barrier reef. what is a blue economy? i will have to read the story to find out! we talk about the green economy, which means that we focus on the land, but he is making the point about ocean resources. the reason is that he has been to visit the great barrier reef in australia. it is 1% of the ocean surface but has 25% of ocean life. he is calling for private firms to take an active role. he is very involved in these aspects and cares deeply about the environment. yes, and i think for someone in that position to take that role is superb. he's using the commonwealth games to promote it, with the world's dies on it. in the short term, people will always be thinking... in the

joining us is simon derrick, chief markets strategist at bank of new york mellon.pital, the duchess of cambridge is in labour. there could be a coincidence with the royal story breaking and me being a mayor.” coincidence with the royal story breaking and me being a mayor. i was just going to say that. first in line to the throne as well, so exciting. i'm not sure what this is going to do to gdp, come on! simon dry desperately to get this back on track. friday we worry about the us and uk growth numbers for the first quarter of this year, the day before the european central bank meeting and we get to hear a little bit more about what they may be doing later this year with quantitative easing. in one form or another this is about what happens to us, uk and european interest rates and that will have an impact on markets and on the currency markets as well. what's your thoughts? are we looking worse off, better off in terms of these figures? talking about the uk probably talking about modest numbers of one to 4% for the year, retail sales numbers, we had mark carney ta

the simon derrick of view, have we seen enough to warrant that? what do you reckon?on: i think we go back 2014 and the holes out of then, they recognized how difficult it was to try and actively oppose a line for the ruble. unless they are forced into this, i think that they would allow the market to tank. i don't think they would do any smoothing anymore. the interesting thing about this is when you look at the ruble over the course of the last 20 odd years, how big the moves can get. if you look in the summer of 1998 or the end of 2014, one or or days where you had 25% more in moves. the interesting part in that is that both cases, it did fee through broader market unrest. it clearly isn't right now. you had them rest in the brazilian market yesterday as well. here we had broad global markets seeming comfortable. i think we should give a closer eye on that. >> a post was written about the fact that recent fiscal to tradents have led and other types of wars and possibly even shooting wars. i want to go back to the fx reaction. -- notyen breaking out dollar-yen i am