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
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