video transcript

Release as Germany's top cornerbacks the you know zone's bailout fund. The -- stocks and Spanos and Italian bonds all of gets a boost ING's constant -- says is good news all round. It's a small victory for the year if you combine that with last -- ECB decision. Now we have the core which means the monetary authority and legal authority off the biggest member states. They've all given the -- not for the Europe and now read the put the ball is for a cute in the field of Goldman's. To make serious business within the reforms with the austerity measures. And also further integration of the Euro zone. So looking out to the trading day our heads the focus shifts away from Europe to Washington as policymakers is that the US Federal Reserve prop up a two day meeting on Thursday. Economists polled by Reuters say there's not a 65%. Chance of the feds announcing a third bond of cheer me. That's up from 60% in last month's poll. Rollins went soup -- in the Fed print 2.3 trillion dollars so far. Analysis shows the Fed has done -- as growth forecast more often than the last five years than it has raised them. Many analysts like journal big fat -- more investment management save this builds a case for more easing. I'd do at least expect in his evidence of action. And even if people long some market that's been soft side where that. I think actually they might it change their mind off a -- when they realize actually in QE3 probably is coming if that they -- doesn't that doesn't improve. So I too am from me the timing is not a lot of important I think. -- a clear message is that the Fed is standing ready. To do whatever is necessary. Jobless figures due out increase unlikely to highlight the desperate state of the economy. The unemployment rate has a record 24%. In June for Texas spending cuts on that austerity fueled recession have increased over the summer. I'm actually sales almost ten billion euros of ticks up to six point five billion of that will be bonds. Norms for us -- into capital markets since the ECB I would like this on plans last week. This essential banks cap on the value of the franc will come under scrutiny with this latest policy meeting. A Reuters poll finds most analysts expect X and be able succeeds and maintaining the ceiling of 122 the you know. The bank has placed by the action if necessary to protect Switzerland from the effects of a strong -- it. Finally keep an eye on apple as a tech giant -- the latest iPhone which could be unveiled as iPhone 5 or simply the new iPhone. JPMorgan reckons apple could sell a million handsets in Q4 I think as much as a half of 1% to US GDP. Not so fun out there's more on Reuters dot com on the inside the platform and -- what that we. For Reuters today a snapshot of the latest world news I'm market headlines that's an ATM. London time. I'm -- me gave up. This has brought to him.