our reporter tim hagans in washington. much more ahead, i sit down with mohamed el-erian.he you columnist giving his take on the jobs report. betty: 4 p.m. in london and midnight in hong kong. good morning, i am ready luke. welcome to the european close. joining me live from london. like europe and the world are focused on two different things. >> china and active measures to curb its markets. the european close starts right now. betty: we are going to take you from new york to london. as you were saying there is a lot to watch in the markets. it seems like you are really focused on the commodities. >> it has been a choppy trading session. fornacted barriers financial markets. the first hour of trade stocks, just as the u.s. jobs report came out.