Some 20 today. Has the bubble burst . All right, we are less than half an hour from the european open. Lets look at where futures are pointing. The direction is down and the. 5 . Stoxx 50s are down the continent looks to take it worse than the u. K. That is not the exciting picture i want to tell you this morning. Take a look at a threeday chart of bitcoin i have in the terminal. Unbelievable drops. Right now, trading at 12,508, a drop of almost 19 . This is the biggest percentage drop we have seen single day in all of 2017. Looks like people are cashing out of their bitcoin in order to afford the toys. They are really selling it off. Now, the currency is only up 1200 year to date. What is someone long bitcoin to do . Mark 19. 5 thousand on monday. Look at the decline. Other cryptocurrencies . That is the question we will be asking. As you can see, equity indices see china down about one third of 1 . 1 . Nikkei up about 1 5 of the biggest weekly gain for the japanese benchmark since no
Anna a very good morning, everybody. This is bloomberg daybreak europe. Lets talk about what is in catalonia and what impact that is happening on the markets. The euro down a little bit. Catalan separatist parties taking back control of the regional parliament. A very bad performance by the peoples party. Night for the local opposition. This doesnt necessarily take us any closer to independence, but the spanish Political Drama into used to unfold. Continues to unfold. We will watch for the yields on catalan bonds. The broader equity picture looks positive. A little bit in the asian session. We had some pretty threatened trading. Friday before christmas, fairly thin trading in the asian market. The 10 year yield is unchanged. Recovery. E treasury a little weakness in the yields. Billion, the strongest demand there since august 2012. Some people in the markets looking to protect their portfolio from inflation and perhaps to dual to do with the tax deal. At bitcoin. Oking it has fallen si
That i think people almost universally in the neighborhood would like to see that developed as housing. I mean, we have a housing crisis in this city. And the parking lot itself, you know, in the long run, isnt what the community, i think, is going to want or need. The communitys becoming more tech focused. I think well see a decline in cars. Unless somethings done with the traffic situation there, i mean but tigers will be there forever. Tigers and glen park station, and la corneta, i think, will never go away. You know, this is a dilemma that im probably going to ask the department to explain, but you know, my auntie rosa owned the dry cleaner on the corner for years that had all the Police Uniforms on it. Yeah, thats my dry cleaner. Yeah. Yeah, i really think and to the degree that the five years im here, this is something i would push aggressively to see housing develop, because we do have a crisis, and for me personally, the more we can fill around the glen park b. A. R. T. Statio
Christmas. You can see we are set up for a lower open generally speaking on the major averages, s p showing a little more signs of life. European markets, most have been closed for the Christmas Holiday or boxing day as well. So not much to speak of there. Lets get to our own 10year note yield though as we take a look where we stand right now. 2. 483. Crude oil, wti up a few cents and just out the latest shill erin dex shows home prices up 6. 2 in october. That of course year over year from last year lets get to our road map this morning. It does start with apple largest market cap out there, shrinking in the premarket on some reports about next years iphone sales, were going to fill you in. Will this years rally continue as we close out 2017. Finally a retail rebound, how the struggling sector is faring so far this Holiday Season as you may know not too bad. Lets start with apple shares, they are under pressure in the premarket. Reports of sales of the new iphone 10 are slowing accord
The second street, exterior sun will also be in, grading, everything so that buses can be parked. And then, the Administration Building will be completed as well. Youll hear over the next few months, ill be presenting the construction updates over the next few months. So with that, ill turn it over to skip for phase two, the 2018. So for 2018, the plan for phase two is tjpa has been requested by sfcta to put the fcis on hold until the peer review on the street track has been completed in march. We will then submit the environmental document to the board fof your approval. The seiscs is with the fta right now, and they are doing their final qcqa checks and will be in position to issue the rod prior to the tjpa board approval. We have scheduled meetings with sfta to support their review for the tier three track. And were in place, once the rap study is available, well be in a position to address any of the recommendations that are presented from this study. Were going to secure funding t