Alan Knuckman is chief market strategist for OneStop Option and joins TheStreet.com on Thursday, June 5, to talk about markets, both internationally and in the U.S. The ECB bank action has shifted focus to the British pound, which gained 10 percent since the move. However, the pound faces an uncertain future. And the bond market is shifting last week, looking at low treasury yields, Knuckman says. Market watchers are eyeing rates to see if they move higher or lower from here. Last: tech market M&A may be back, with rumors of a Sprint - T-Mobile merger in the offing, the latest in a series of deals that revived stocks.