, one of the three softer currencies against the dollar. I wanted to follow the tech selloff. Nasdaq futures are down again. 7 . We have seen that industry continue. Lets get an update and wants making headlines. Emma chandra is here. Am it there is a turn in the tax bill debate and Republican Leaders are scrambling to save the bill. Mitch mcconnell sent lawmakers home last night. They are looking to offset the cost of the measure. While republicans are asking the tax cut not drive up the nations debt. The price of oil is rising after opec will keep production curbs in place. Libya and nigeria have joined the agreement. Opec and allies like russia are trying to reduce global stockpiles. Oil prices are up 20 since september. Parties on both sides of the irish border issued are refusing to compromise. They are trying to deal with the hard border. The eu will not let trade talks continue until there is an agreement. Global news 24 hours a day powered by more than 2600 journalists and anal
Lower, the s p 500 having the biggest reversal since february 2013 so what changed as tax ufori dont weighs off, it looks like fears may be back. Welcome to fast money. Thanks for being with us today remember there was a kurt ffl last week, but now Chuck Schumer and nancy pelosi say they will go to the white house on thursday, to meet with the president. Theyre expected to hash out some negotiations over this Government Spending showdown remember, friday is the day on which the government will run out of the money if they could come up with something we hope the president will go into this middle eastern with an open mind. What theyre talking about is that moment we saw last week, with the president appearing at a meeting with two empty chair for chum schumer he said he didnt see any possible de, so the democrats decided not to show up to sort of demonstrate now the democrats are going to the white house for negotiation, if there is a Government Shutdown this year, it wont likely be th
Manus warm welcome to bloomberg daybreak europe. Starting toare just reassert themselves. One market that is reflecting on everything in 2017 is that the oil market. We had the worst drop in two months. 2733. S it right to the edge of technicals. I have the lower Bollinger Band. Wti drops the most in two months. Brent crashed the most in four months. Before, and ifis history is any protagonist to go by, what happens when we touch on this sequence, we typically rebind. The upper Bollinger Band is narrowing. You can cry at me about using relative strength, bank of america says this oil market will make 70 bucks by next year. Oil is definitely front and center. We pause for thought. We are reflecting. What donald trump does in israel or says he is going to do is the geopolitics this morning. United States Government might close down. This is the show of stabilization and the equity market. He snapped the longest losing streak in two years. Has it ended . Golden saxman set goldman tohs you
Theresa may is delivering another puzzle to the irish border. Will she be able to convince skeptics within her own party . Fox hunting. Comcast is seeking full control of sky in the battle for 21st century fox. Will the house of mouse take the prize . Matt foxhunting. Are less than half away half an hour away from the european open. Trading up here across the board, not a huge gain for ftse futures but you see dax futures and cac futures up. A threeday trade of 10 year treasuries, the yield has them coming down. It is recovering a little bit as investors selloff wants. What do they do with that money . Do they use it to buy stocks . You can see the same picture if you look at the bonds. U. S. Investors might be getting some cash together to buy the dip. Guy what lets talk about what the gmm is showing. Bitcoin is not on this board. The nikkei bouncing back strongly overnight. These undated driving that. Markets have come back overnight in the overnight session. The nikkei coming back 1
Your attention it trades on a number of different platforms but on coin base it moved over the 16,000 mark. Matter of fact, it is approaching the 17,000 mark. Keep in mind earlier this week, we hit 13,000, 14,000, 15,000 so far this week. Now, it looks like we may hit the 17,000 mark on coin desk and bit stamp it is a little bit lower as you can see there but it definitely is on a tear this morning just an amazing run for this particular crypt ocurrency almost 17,000. Carl, back to you. Thank you, sue. Obviously, our data, i believe,m averages the price of various exchanges, which is why you might see a price on coinbase that doesnt match the number on your screen. We appreciate that sue hew rea a the word mania is being used, henry. The question is whether or not thats fair. Brings back a lot of memories the same thing about bitcoin, when it was 300 which is a perfect asset. No Intrinsic Value and easily g to a million per coin or go to a dollar no difference. Watch it rocket now. Whe