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Bitcoin is also said to be in a bubble. The price has gone up 20 fold. Betty forget about the equity markets and bond markets, which is going to be focused on bitcoin, right . That is the big distraction for traders right now. Bitcoin futures are for the first time trading on the cboe global index them a big milestone for the financial markets. I dont see a whole lot of movement at this point. Be an appears perhaps to opening price, but i cant confirm that right now. We are watching as these traits start coming in. , brokersthe traders are saying dont expect huge movements. This may be a slow burn coming thewhere we finally for first time, have these derivatives traded on bitcoin. Yvonne it could be a welcome slow burn given the volatility in bitcoin for much of this year. Levoss mentioned, the wink twins banking on this, they are saying it could have 24 growth in the future. Morehat it has become mainstream, it could provide perhaps more stability in cryptocurrency. On the other hand,
New-yorkUnited-statesJerusalemIsrael-general-IsraelPyongyangP-yongyang-siNorth-koreaAustraliaJapanTokyoPhilippinesWhat,d right, just gone i am Rishaad Salamat in hong kong. Haidi i am haidi lun in sydney. We are setting up for a muted start to the trading week. Japanese trade members worse exports at least disappointing, dragging down the nikkei. We look ahead to the china open, contract showing a negative open as well. Rishaad indeed, the lack of momentum after a lot of momentum, perhaps this so called reflation trade losing steam. , a fairly muted session on wall street on friday. That wait and see approach on investor minds. 30 minutes away from the start of the session in hong kong. Singapore, taipei, kl coming online. Here is sophie. Sophie we are anticipating a subdued trading day in asia. The bright spot taiwan, new zealand, and singapore. Straight times marginally higher ahead of that budget update today. By. 3 ,ei 225 lower falling for a Third Straight day following trade numbers this morning. The kospi lower despite the rise in samsung shares. Focusing on australia, the asx 200 falling.
VietnamRepublic-ofMongoliaAustraliaShanghaiChinaShenzhenGuangdongBrazilBeijingAustriaRussiaWhether it can open two lifts by the end of the week making it the first california ski resort to open this season. Both have begun reving up their machines to help sup memt the second wave of natural snow. Storm has dumped 30 inches of snow in the sierra. Taking a look outside here this is our camera. No rain now. Change is expected. He lets go to spencer christian. Changes certainly expected. You can see there is a calmer picture than yesterday, weve had a few light scattered showers nothing significant but there could be something forceful coming our way. North bay going way up north into Mendocino County and into lake county we can see spotty areas of light showers, take a look at the north coast here. There is rather powerful thunderstorm activity west of eureka. You can see that weve got active weather off shore moving generally into our direction so. This evening there is a chance of showers. Here is our first forecast. Chance of showers this evening. There could be some locally
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