Donald trump talks tax. He puts out his vision to return the u. S. Economy to its glory days. Good morning. Welcome to countdown. Markets are big. Equities are racing higher. Is experiencing a he puts out his vision to return the u. S. Economy to its glory days. Stumbling blg block. We are on the longest losing streak since may of last year. Sincengest losing strict streak since may of last year. People are beginning to really understand what the brexit means for the currency. Barbecues beat brexit. Do when thebrits going gets tough . Shopping and have barbecues. Retail sales are where the market has taken us. Is there more easing or pain to come . Let us look at the risk radar. Ive mentioned equities. They are racing ahead. Mse i asia is up 0. 5 msci asia is up 0. 5 . Something which has shopping ane barbecues. Retail sales are where the market has taken us. Which it. S not pumping ahead is nymex oil falls as these informal oil that are notely likely to talk about supply. The Russian
Holiday. Vonnie i cant believe its madyday. Tom we will talk about the Correspondents Dinner next hour. Right now, lets get to the first word news. Vonnie thank you. Puerto rico has escalated the biggest crisis ever any noticeable bond markets the commonwealth will default on the 420 2 million bond payment for its Development Bank which could open the doors for other general obligations. Aol additional 2 billion. U. S. Congress working on a rescue plan. Protesters ended their citizen. They breached the citys heavily fortified green zone to protest corruption and political paralysis. Brussels airport has reopened for the First Time Since the terrorist attack in march where the suicide bombings killed 16 people. Authorities say it should be back in 100 capacity by next month. In southern turkey, a car bomb exploded outside a police station. No one has claimed responsibility. In recent months there have been a number of bombings blamed on kurdish militants are the islamic state. Ns arepol
Dragged down by the casino stocks. The shanghai composite up 5. 7 . Up by. 7 . Korean one and aussie dollar also with earlier losses. It does leave the government 70 target it does leave the government 7 target within reach now. David has been sifting through the numbers. 7 id we are growing below for china, that is the Third Quarter number. 6. 9 year to date, a little bit below the 7 growth target. Given the measures they have put seem they areoes confident they can meet their target. Just to put this into context, 6. 9 , it was 6. 8 was the estimate. If you look at how large the economy is, that translates to 110 billion in additional output. It is a fairly big amount of output. This is more interesting services clearly the biggest portion of output for the first nine months of the year when you look at the primary industries, everything from agriculture. You can see that on your screen. 40. 6 . Iss, they areg m continuing to scale back the overcapacity issues. You have this big drop
Lifts early lockup restrictions on more than 2 million shares. And ben carson cements his lead over his republican rivals in a new poll but president obama takes aim at all the gop candidates criticizing their reaction to the recent debate. Hello, hello. Good tuesday morning. Thank you for tuning in. Lets check in on the u. S. Futures ahead of the u. S. Market open. Were looking at declines being priced in after that rally that we just saw yesterday. Not a bad start to november. The russell 2000 being the best performing benchmark. The nasdaq with a 15 year high. Were 2. 5 away from the all time high back in the bubble years of 2000s. Now lets check in on the Small Cap Index. As we just mentioned the nasdaq already. Lets talk about technology first, guys. I thought we were checking in on small caps first off but as you see 2. 5 from record territory and thats the intraday because we did close above the highs of 200. A great start to november given the gains in october and the gains in
Factory are striking to support these protesters in the city center. Are closings streets, disrupting public transport. In the past few minutes, we heard about these workers as well. Lets just get you over to Rosalynn Chan down at the protests themselves. What does it feel like right now . It is pretty peaceful over here. There is generally a pretty good atmosphere. Are resting and staying out of the heat, they are still occupying the highway, blocking out ways of getting into the central part of hong kong. In fact, stopping people to get into the government building. We are standing right in front of the government complex. There are a lot of people over there, that is the driveway to enter the government complex. Ago, there were a lot of cheers coming from that direction. Generally, the mood is good over here. Very convivial as well. Reading thetesters newspapers. What ever they are doing, they are occupying the streets. They are occupying this highway and preventing people from gett