The dollar index stronger by about 0. 3 . We are not back at the previous strength. Just one stock to watch, d. R. Horton. If though Goldman Sachs upgraded the homebuilders, it actually put a sell rating on d. R. Horton. Eurodollar, you mentioned what was happening with the bloomberg dollar index. You can see that reflected in the euro. Negative by 0. 4 . The relative growth story out of other side of the atlantic looking quite different at the moment. Weve had some bad german data today when it comes to manufacturing. Initially after the payroll number came out, we spike higher. We since faded that move here and the german tenyear. We are back to flat. Just went to quickly show you what is happening with the brent market as well. A big move over the last few minutes as we start to get details from the opec meeting. We are going to get a 500,000 barrel a day cut, but it looks like saudi is going to shoulder the bulk of that, which probably means this is more of a real cut than the mark
Pulled that into this. Treasury, we want treasury to be able to have the cash that it needs and we are essentially taking that to our work. There may come a time when we talk about that. I think we are more focused, frankly, on the bill purchases the year end and review of supervisory and regulatory issues that were digging into and we think these are structural things, right just allow the liquidity that is already there to flow more freely perhaps by making fairly straightforward noncontroversial changes. We think there is some of that if they take role changes, it will take three months and things like that these things that were working on now, like going through year end with the overnight facilities and the bill purchases and the term repo, those are things we have to do right now and are doing. Chris hi. I wanted to ask the only change in the statement was a drop in the reference to uncertainties around the economy you seem very confident or it implies theres a lot of confidence
Bit despite news of increased inventories. For the global exchange, where we bring you market moving news from around the world. Are bloomberg voices are on the ground with this mornings top stories. Da tart with e curran. Had positive signs since sunday, when the government said they would push through new oversight of ip protection, and they want to punish those who are guilty of ip theft. That was followed by some details in one of the state newspapers that china is also looking at the oversight of any trade agreement with the u. S. In ways of ensuring that any deal isnt limited. Then we had the news yesterday from the Commerce Ministry talking about reaching consensus on core issues. The moonbeams it is been nothing but positive in recent days, matching what is coming out of washington, though we dont yet have any further details on when or if an agreement might be signed. We have your minder did have a reminder on the economy when profit for industrial firms dropped almost 10 from
Biggest demonstration in a month. The numbers indicate the protests will drag on into the new year. Kathleen one story for the stock market on friday for the u. S. , a blowout drops report for the month of december november, that is setting the stage for strong december meeting and even a strong 2020 because people have concerns about recession long gone after the jobs had its biggest monthly gain since january. You can see how the stock market perform, the Dow Jones Industrial average gaining 1. 4 . Industrials, energy, financials, all the companies doing better, and should do better if the company is going to if the economy is going to do better. Data to 3. 5 . A separate report shows Consumer Sentiment at a seven month high. What is this going to mean for asian markets today . Sophie we are seeing a risk on somewhat with futures pointing higher after the weekend brought us a surprise drop in chinese exports. Kong, therein hong have been calls for a general strike after the biggest p
To know to stay safe. The white house fires back, President Trump and a his attorneys will not participate in the impeachment hearings this week. Weve got the latest from capitol hill as the first impeachment draft is reviewed and republicans ramp up their calls for adam schiff to testify under oath. Mornings with maria begins right now. The city never sleeps at night. Its time to begin, isnt it. I get a little bit ill admit im just the same as i was. Maria weve got a great show this morning. Joining the conversation, Dagen Mcdowell, pwc partner mitch rochell and James Freeman. Great to see everybody this morning. So here we are, hope everybody had a great thanksgiving. We are now in december, three weeks left, legislatively, for congress. Usmca expected to come to the floor in the next two weeks, youve got china, you had a great op ed this weekend. Thanks. Maria on making mexico pay for doing a deal with trump. Its kind of amazing. People have been living in a cave for the last year.