 Good morning. It's 6.30 a.m. here in London. I'm Caroline Hepkin. And I'm Stephen Carroll. This is Bloomberg Daybreak Europe. Looking at the markets briefly, in terms of Asian equities, actually they're heading lower. Hang Seng down 1.5%. MSCI Asia Pacific index down a tenth of 1%. So some wind coming out of that market. In terms of the European stock futures, they're also in the red. So too are U.S. stock futures, even though we saw another record high last week for China.