European Bank Concerns

" welcome back everybody -- so -- the earnings season has started strongly and the markets have responded accordingly Bob will be economic data put a damper on all of this optimism we shall see I guess -- joining us this morning is. -- dogs -- while senior -- capital right here in London and and -- good morning to use com we'll have a strong week of trading -- we have a strong week of trading so far. What do you expect him today and what could move want to move the markets on this Thursday. Well unfortunately the UK it is there's no economic that they threats that they certainly nothing else more but. It's all -- across the Poland and to the US now. Google says initial jobless claims coming in at 453000. -- that the market's expectation. Of them and expects much change from that. But this is this is a very close saw I'll -- know uncle -- now. Off the -- Goldman Sachs and Intel reported this week. Well above expectations. We expect JPMorgan Google and IBM triple what is well. -- Is there a sectoral company in particular that you will focus on this earnings season to get a real sense of the economy both in the US so. Here in Europe. Well. This is its rule in life like -- that is pretty much a lot of the US and JPMorgan is one night stands out. We expect that that says it's a pretty much we're pull one above expectations that the street's expectations around about four cents. I share some analysts are going in at around about ten cents Bichette he should be interesting how the Washington Mutual and bad stands. Take over the time out -- go with -- JPMorgan that they should -- well. Google isn't one that says is overseen huge and keep divert us on now. Microsoft to come out their products waksal being witches eating away at you on who's such results but that also much into Google's. Google's -- 65% of the such markets and as a result of laws of that for advertising revenue if that drops in anyway. Empathy future earnings through -- comeback gulf. They -- and I'm very quickly to pick up on the banks again and I shall Goldman's blow out numbers but what what about the health of European banks. Well that's slightly mixed that the moments it depends on which bank you're looking and a number of them such as the noise and obvious pretty much government owns. Those European banks with Far East and interest that's still very much autonomous such as HSBC is standard chartered. The likes of poppies well that's that continues that rooms attached through Boston's private equity will division so it. Investors need to be careful about which banks that they investigate whether faxing and how much government involvement golf though the ones that -- Seats not move much but the other is. That this is that they're responding bubbles have a market conditions on the mind. And careful I think is the keyword in -- flop RE TX capitol this morning and I thank you very much for joining us --"