Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valuation. We believe that emfx is undervalued and conditions should be conducive to pushing them into overvalued te
And it is beginning to look a lot like a socially distant christmas as the rock center tree lights up and as we all mask up and get in line. It is thursday, december 3, this is Worldwide Exchange. Good morning, good afternoon or good evening and welcome from wherever in the world that you may be watching. Im Brian Sullivan thanks for joining us. Here is how your money and Global Markets are setting up their day. Futures not giving us a lot of clues. Were pretty much mixed. We had more gains for the s p 500 yesterday. Yes, another record. Your 28th of the year if you are counting at home the nasdaq 100 also hitting a new record today though, we also focus squarely on oil. Opec and its allies meeting today to try to hammer out a deal to extend production cuts through march. They could not get a deal done on monday. Today rush 1sia and other natio join the talks if no deal is made or they reduce the cut instead of extending the entire thing, oil prices and stocks could take a big hit, tha
Favorite explosions critics fear theyll be used to crackdown on protesters demanding crazy accountability. Like comics club scene comes up with new ways to reach music lovers with traditional thank you so close because of the content. Im phil girl welcome to the program germanys foreign minister has described the actions of the bella rooster very sheen against Peaceful Protesters and journalists as brutal and unacceptable and speaking ahead of fridays meeting of e. U. Foreign ministers heiko moscow urged the European Union to increase the pressure on bene rusian president Alexander Lukashenko and thousands of people have returned to the streets of the capital minsk for a 5th day of protests against sundays president ial election results. Almost 7000 have been detained made a Violent Police crackdown. What began during the day carried on late into the night their defiance undimmed earlier hundreds of women stood arm in arm on the streets of mens protesting their governments crackdown on
Listen, i know this market is going crazy after another fabulous day, the dow gaining 378 points i know it gets a little much as it is a 1 record high and Nasdaq Record high there are extreme valuations everywhere i see the mceldercloud stocks ad another incredible rally as few stocks are participating nasdaq is up 26 but a huge chunk of that is facebook, amazon, microsoft and alma bphat that gets the g in the acronym niece stocks are not that expensive if everything goes right for them everything that could go right has gone right the notion that apple supports a 2 trillion valuation is decemb disturbing for many people and there is skepticism that tesla up 390 for the year could be worth more than 375 billion. These are what people talk about. And theyre staggering moves when so many commentators said its absurd that tesla had a big market cap than ford and toyota, even though it makes fewer cars, its bigger than all of them combined everybody that fought them, they have thrown in th
Deejays play their sets against a backdrop of historical treasures. Event organizer and co initiator. Hopes the concept will spawn a series of videos for digital platforms. This is absolutely an attempt to launch something new in the midst of the corona lockdown at present the agency is making a 0 revenues but still has Monthly Expenses so of course we hope these productions will eventually bring something in so we can make ends meet. Lives night life has been especially hard hit except for open air events pubs and bars are allowed to reopen now but the clubs have been under lockdown since mid march no concert no dancing no all night partying. So for now streams are helping performers establish a presence and. Being the clubs afloat. Now that crowd funding the united we stream project this network to the world over from detroit to singapore over 1500 performances have been staged in 4 months. Clubs have made up an essential part of its cultural life since the 1990 s. And now their surv