A state of emergency was declared in chile a. T. M. Walk down leaving many banking users without access to withdraw their funds the demand for of acorn and she there has skyrocketed this year as a result of these ongoing tensions unrest in argentina sparked when its currency collapsed earlier this year by 38. 3 percent civil unrest in lebanon also sparked krypto enthusiasm as a conflict led all banks in the country to shut down the lebanese are facing this huge crisis right now given that over 65 percent of them rely on banks massive protests in venezuela took place earlier this year where tens of thousands took to the streets in dueling protests in support in opposition of the standing government under president nicolas mother would go on as well and have turned to rely heavily on bit coin some are using it to pay for medical costs or even food beating gold in the hyper inflated economy and several reports revealed Venezuela Central Bank is allegedly looking to stockpile of. Idea of c
Even my worst enemies. Firefighters continue to battle dozens of raging bushfires in eastern australia. Officials warn residents that conditions are expected to worsen today. And coming up Hillary Clinton tells the bbc that its inexplicable and shameful the uk government hasnt published a report on alleged russian interference in british politics. Im dumbfounded that this government wont released a report about russian influence because every person who votes in this country deserves to see that report before your election happens. Good morning. Its november 12th. Welcome to bbc newsroom live. The labour party says there has been a sophisticated and la rge scale cyber attack on its digital platforms. The party said the attack had failed because of their robust Security Systems and that no data had been taken. In a statement, the party said. Our security procedures have slowed down some of our campaign activities, but these were restored this morning and we are back up to full speed. We
Well. Guy thats interesting. Interesting about the u. S. Consumer. Tells us a lot about where we are right now. European stocks are higher. Volumes arent exactly great right now, but the trade narrative is helping. We may get an effective rate cut out of the chinese overnight. Pay attention to that one. Looks like the huawei extension is likely to go through as well. All of that helping lift stocks up, but it is unlike volume. Yields moving as well, moving higher. Bond prices are coming down. Big focus on germany on the fiscal side. We will talk about that in just a moment. That is a narrative moving markets at the moment. Brent crude up by over 1 . A bunch of reasons for that. Weve had an attack in saudi arabia, a drone attack. Also, the trump tariff talk helps out, may be giving brent a bit of an uplift. The Global Economy obviously a significant factor. Vonnie sticking with markets, we are joined by ash alankar, Janus Hendersons global head of asset allocation, live from denver. Wel
Alix bunge crushed it. Carlisle group was kind of interesting. A lot of shareholders have been pushing for it. David they are making it much more transparent, where everyone else seems to be going the other way. Including ing they are getting included in a lot of indices because of it. Alix it is still going to be a soggy day headed into the fed meeting. S p futures up by four, eurodollar flat. The outlook not good, but the currency market not really moving on that. Crude up 7 10 of 1 . That is a geopolitical risk story. It is going to be basically put the pause button on until 2 00 p. M. Unless you are trading individual stocks. David thats right. Kawa andined by luke vince cignarella. The fomc will announce what they decide to do. It feels like Everybody Knows whats going to happen, one cut of 25 basis points. The question is what comes next. Vincent everyone thinks they know what happens. This is the fastest few minutes in five in finance. At the question is is beginning of quantita
Fed rate cuts and a decade. A busy week also brings policy decisions from tokyo and london. Shery lets get you started with a check of the markets closed. The session in the u. S. , the s p 500 and the nasdaq closed at record highs. The biggest jump in three weeks for the s p 500. The biggest in five for the nasdaq. We have twitter and alphabet leading a tech rally on positive results. Gains coming from stronger than expected secondquarter gdp numbers. We will see a rate cut by the fed this week. A very busy week for earnings in the u. S. We are expecting more than 160 companies to report. U. S. Futures unchanged. Lets see how we are setting up for asia. After a bright start, we have seen new zealand grinding steadily lower, looking kind of flat. Nikkei futures, kospi futures also flat. Busy week of earnings out of japan particularly. 157 Companies Reporting this week. Twoy we will hear from among others. 1 5 other kospi will report this week. In australia, the future is looking bright