We were down 5 from the peak on spx. Where we are is about where we were on valentines day. Of course, you do remember valentines day. That was prepandemic. All we have really done is pulled back to the prepandemic. Weve got to put some perspective on this as we saw the dow down 800, 900 yesterday. Jonathan im not sure why i am the target of room bring valentines day of remembering valentines day. Its you im worried about. Tom that would be true. Jonathan because you often dont remember it. Tom that would be true. Rosesgh i do remember a scenario with jon years ago. Lisa you are trying to bring me into this . [laughter] for those in engineering and history, this is a hugely emotional deal. The difference from san jose to santa clara, it is like four, maybe five miles. But xilinx is one of the storied names coming out of fairchild years and years ago. To see this merger today, 35 billion large, it really says something about the combination of all of the history in the bay area. Jonatha
The 2016 election was it a fluke or is this the new conservative Republican Coalition that is the Republican Party. We decided to thousand 16 wasnt a fluke. This is the new Republican Party and i think puthat both establishment parties democratic and republican and larger institutions including my profession, still have a hard time wrestling with understanding who this coalition is, how it formed and that donald trump didnt cause it, he is the result of it. Lets take a deep dive into your reporting and insight can you write the following. The concrete notion of donald Trump Presidency did not formally crystallize until the wee hours of november 9, 2016. In many ways there has been no other sunrise in american politics since the entire nation remains stuck in the moment to surprise notice the countrys politics had realigned. Yes. Absolutely. I think that pretty much sums it up whether you voted for donald trump, didnt work for him, i think most people would recognize thats where we are
Xerox lines up the bridge loan hp. Und its pursuit of citi, and bank of america are cash. Ding the and a checklist and change at the federal reserve. Former new york fed president dudley makes his case for a shakeup strategy kathleen, we are just getting news. Tle bit of breaking taking a look at the south korean economy. Were getting the south korean ovember surplus coming in at 5. 97 billion u. S. Dollars. 7. 39 goods trade surplus at billion u. S. Dollars for the november, falling from just over 8 billion in the previous month. Well be looking at that breakdown for a little more information in terms of how deteriorating exports would have played into that number. In the meantime, all the markets just opened in that open. Hong kong taking a look at the us. For were seeing some flaunk wagses in cash trade in sidney. . S pushing higher by. 1 while we are seeing futures looking higher for the nikkei led the after japan region lower on monday. You see the Retail Benchmark fall the most s
Languishing in storage. An president xi jinping confirms china supports carrie lam in hong kong, but says the protests create the grimmest and most complicated challenge. Paul all right. We have the market open here in australia. It is highly likely the asx will make some record highs today. But we have a staggered open here so it is fairly quiet right now. Just modest increases that we are seeing. We are going to keep a close eye on westpac, now facing its 4th investigation into these Money Laundering allegations just filed by the banking regulator today, announcing it will be investing getting whether law. Ac broke the we have new zealand higher by almost. 5 . Was packed new zealand shares still in a trading halt. U. K. Futures looking flat right now, a similar story for u. S. Futures. But that may well change during the course of the day, especially after we saw some very positive gains on the u. S. Equity markets tradeinspired during yesterdays trade. We will keep you uptodate as t
Control with voters in his party on track to a sweeping majority in the National Assembly. The nasdaq selloff turns into asia trading as Goldman Sachs warns at low volatility may be blinding investors. Until the start of the cash trade. Lets take you through the future boards as they stand at the moment. A lower are set for opening come pick up late on friday. You saw the Technology Part of 1. 8 , appleropped. 34 , alphabet, thats whats driving these markets lower. Ofis this leveling in terms understanding of volatility. Samsung also sold off in the asian market. Equity markets are set for a lower opening. Lets have a look at gmm. India offight by 1 , by half percent. You see that through the asia equity trading. In the currency lock, you have an interesting day shaping up. Note major move on sterling thus far. Canadian dollar slightly firm. The euro is up by an eighth of a percent, 112. 05. We had the Federal Reserve and we have all to blame in terms of sterling risk. We will talk abo