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Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20161129

It would be inconceivable that you would be forced to leave london. I would say to you if you are in london, and you are originate from the eu that youre welcome here. Anna very warm welcome to bloomberg daybreak gear. Our flagship show here in london. Let us talk about what we have seen in the banking stocks. Theerday, the focus was on banking sector. Investorsking many risk off in the asian section. The italian stocks are underperforming the rest of europe. Yousef a lovely charts here you can pull up on bloomberg. The brunt of the selling has been felt by rank stocks. Leastally vulnerable, at as a proxy to overall sentiment. We are seeing some of the fiveyear credit default widening against it to date highs. In the spread between italian and german 10 year paper as well. Anna we need to bear in mind the context. If you take the same spread between italy and germany, and go back to 2012, we are nowhere near those levels. We are not talking about levels we saw even in february. While t ....

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