Short interest on chinese equities jumped to the highest level in a year. Its the big short back in china. We are less than half an hour to the european open and that all lines are open as we open for futures trading where up just slightly. For the w toing cross at any moment this morning before the market opens. Also take a look at the amazing story unfolding in asia. The nikkei to 25 getting about 1 right now but it is really in china that the interesting story is unfolding. You can see the chinese if i 300 up 3. 1 . This is an index keep in mind that was limit down overnight in less than one minute chinese stocks dropped 10 and then bounced almost immediately back. Its interesting because we are also watching the incredibly high levels of Short Interest in china. It doesnt seem to have stopped a quick recovery for what looks like it may have just been a Technical Glitch or socalled bad finger. In currencies you can see a little bit of gain and emergingmarket currencies. You can see
Lets listen in for a moment. Cheering this is the scene over Auckland Harbour bridge and how lovely to hear peoples voices as they welcome 2021. New zealand, one of the few places in the world where new years celebrations are relatively normal. So many cities around the world, either cancelling or scaling back traditional displays to welcoming the new year because of course of covid. Here in new zealand, where according to the latest bulletin from the new zealand bulletin of health, no new cases of covid in the community, the celebrations are able to go ahead in a relatively normal fashion. Cheering samoa and tonga already welcoming in the new year, 2021, ahead of new zealand, but auckland the first major world city to welcoming the new year and say goodbye to 2020. A year that i think most of us will be glad to see the buckle. With hopes that 2021 will bring a much better and healthier here for all of us glad to see the back of. How lovely to see that scene in auckland. Borisjohnsons
House website, white house. Gov now has 102,000 matches for the words, quote, you can keep your insurance, unquote. This week, president obama went to boston on the same day health and Human Services secretary appeared on capitol hill. The obama mission, a 9 11 Emergency Rescue of obama care after its disastrous october rollout. The tactic, defend and attack. Broke out concerning 10 million americans who have Health Coverage under individual or small group plans. They are getting notice from Insurance Companies that obama care regulations mean that when it comes to keeping their current plans, no, they cant. White house spokesman is already elastsizing, adding a triple x sized caveat. The canceled plans were substandard and the new mandatory often costlier plans will be better. Once the Exchange Website works, that is. The secretary apologized for the faulty website, but not the mass cancellation. House energy and Commerce Committee chairman chasing the unrependant subelias. A lot of u
Healthcare program. More than any other single issue and it is a disaster for the average american who is looking for a job. When the employer mandates, a year from now, what you talk about is going to hit hard and its going to be another blow to this program. One of the things about this program is not the thing eleanor talks about, the website, which is going to be cured. But one after another, major problems to the program itself is coming down the road and theres a lot of democrats and i would predict that the democrats are going to ask for this individual mandate to be thrown off. Okay. Okay. All in the family. Barack is not the only obama to promise you can keep your insurance. First lady, michelle obama, was secretary at her side, made the same claim to leaders of womens groups at the white house, quote, if you already have insurance and it seems there are a lot of people who are worried that they will lose what they have under this plan, but under this plan, if you already have