Abigail today, we are looking at modest gains. It we have the dow s p 500, higher by. 4 . It comes after the attack to form bill passes. Investors thinking rightly or wrongly that the 1. 5 trillion in proposed tax cuts will trickle through into the economy and help the stock market more with shares rising on the day. Take a look at bitcoin. Volatility there. Is hurting many of the bitcoin and blockchain related. Ompanies up 290 . Nd iced tea, this company is going to be changing their name to long blockchain, getting into the blockchain space. Haveample of the media we been seeing on all things cryptocurrency and bitcoin. , this is aockchain 69 million market cap companies. Hascro cap, somebody that a company that has six landowners in revenue and trying to get in on what something is a good thing. Others think it is a battle. It lets take a look at the threeday chart of bitcoin and the bloomberg because the volatility we have seen recently is interesting. Above 18,000 per bitcoin, nea
Flat. R yen now we had seen it move lower throughout the session but were off the lows of the session and is vix is what everyone watching. 45 is how were trading on the vix. Thats like a quadruple from what we saw last week. Modestly higher. I was interested as to why we didnt see gold spike more. To be about equities and commodities kind of taking on the chin. Raises the question whether its fundamentals or technical. Well be die jekting over the next two hours. For the first take, there are three top stories. You have equitys and what is the fed going to do . David . Were joined by Michael Mckee, Bloomberg International correspondent and the reporter bloomberg news. What happened with the dow yesterday . Ill pull up a screen that tells story of two days in one chart here. One on the left is what happened on friday when we had those out about jobs. The one on the right is what happened yesterday. Michael, what does this tell us . Tells us that we saw return Inflation Expectations ear
Quarter of record profits, all thanks to revival in the chip sector, but shares are falling as it prepares for Slower Growth in the mobile space. All right. A warm welcome to you. Welcome to this jobs friday. No, its not a jobs friday. Because of this. House republicans today are holding a closed door meet to go discuss plans for budget and fiscal matters as the u. S. Government shutdown hits day four. There is little action in congress as the budget impasse looks like it could very much into the debt ceiling deadline of october 17. Reports suggest john boehner has signaled he wont let the u. S. Default even if he has to enlist votes from democrats. The Treasury Department is warning a default would be catastrophic, plunging the u. S. Into the worst recession than that experienced 2007 to 2009. The president has canceled a trep into indonesia next week. And the shutdown debt ceiling on the minds of people all across the United States, Brian Sullivan moderated a Panel Discussion last ni
The International Community to support the parliamentary settlement of the ukrainian crisis which came in a very dangerous phase of military compensation agreement to boost exchange of visits of parliamentarians of kazakhstan and the uk was made. This trade turnover with the Customs Union countries increased by eighty percent. This was announced today in a press briefing by the head of the republic Statistics Agency of the hunts pile up. He noted that during the existence of a Customs Union export of products in russian dollars has increased significantly and with increased import the data structure because it says exports represented by commodities such as call one of uranium aluminum week commercial vehicles and excite truck. According to agency the Gross Domestic Product in the First Quarter this year was two point nine percent in total investment in fixed assets the first three months of this year amounted to nine hundred billion to knit which is more than last year. Exports increa
Here is the International Community to support the parliamentary settlement of ukraine the graces which came in a very dangerous phase of military compensation agreement of the exchange of visits of parliamentarians of kazakhstan and the uk was made. St arnaud with the Customs Union countries increased by eighty percent this was announced today in a press briefing but ahead of their Statistics Agency on the hunt smile. He noted that during the existence of a Customs Union export products in russia and the roos has increased significantly and with increased in court today the structure of cuts as exports represented by commodities such as coal oil and uranium aluminum week commercial vehicles and excite truck according to agency the Gross Domestic Product in the First Quarter this year was two point nine percent a total investment in fixed assets in the first three months of this your mother tonight between singing which is more than last year. Exports increased by sixty three percent t