That would be a game changer. Bitcoins market cap is currently only 3. 1 the size of gold. As bitcoin and gold struggle between the risk off, is gone, copper is not hitting a sevenyear high. It looks a lot like that spike we see in early 2000 at the beginning of that chart, that is when china started commodities super cycles. Maybe there is some more longterm fundamental support from china. Lets get into the ring with todays top story. Opecplus agreeing to increase output starting in january, with monthly reviews to cf if more oil should be added. Alex longley joins us from london. What are the rules for the subsequent production hike . Alex there has been a fraud week of debate within opec. We have had the opecplus meeting. What we are hearing as they have agreed to hike production by 500,000 barrels a day in january, and will then have monthly reviews what they were at another 500 barrels a day to the market. That is doing the same, weve got a Strong Oil Market at the moment. But the
That really picked up after the good jobs number. That is the election uncertainty lets get back to election uncertainty. Joe biden has taken the lead in pennsylvania and georgia, remains ahead in nevada and georgia. We expect updates from all four today. For more, we are joined by Bloomberg Government congressional reporter emily wilkins, at the biden headquarters in wilmington, delaware. What is the latest . Emily the Biden Campaign has a tricky thing to do today. They have to continue to project confidence that biden is going to be the winner. That is what it is looking like right now. But what he also has to do is make sure that he doesnt get out there and declare victory. Biden has already said he cannot declare victory, trump cannot declare victory, but that they need to wait for the votes to be counted and for it to be called. Thank, indeed. Bloombergs thank you very much, indeed. Bloombergs emily wilkins. Lets bring in Josh Wingrove in washington. The Trump Campaign saying this
An action is essential to being able to condemn the actions of violent offices. Many believe the law which applies to both journalists and citizens will lead to a sense of impunity, of police at demonstrations that often turn violent. I know friends who are really scared to go to demonstrations because of the violence, the rubber bullets and the tear gas used by police. And the one thing that protects us is taking a video. The law wants to protect Police Officers so that they can hit people without consequence. Jorma used journalists have been hit and injured by police, especially in the last couple of years. And until now, the Police Version of events could be question thanks to images and videos. Really believe what campaigners here fear that the new security law could have a Chilling Effect on press freedom. They say that of citizens and journalists are dissuaded from filming the police. It may make it harder to hold certain officers to account. The french government, however, says
Related to last years pro democracy demonstrations. Plus it is the toughest race in saying it will hit the high seas with the 1st german to tackle the vendee globe. Non stop rings around the world. Im off to our viewers. Joining us on p. B. S. In the United States into all of you around the world. Welcome. We start tonight with more encouraging signs in the race to develop a coronavirus vaccine. The drug maker, astra zeneca and oxford university, have announced that their bank scene is up to 90 percent effective in preventing coded 19. The back scene was most effective when patients were 1st given a half dose, followed by a full dose one month later. And crucially, this new banks, it does not require extreme cold storage, and it is relatively cheap and easy to mass produce. These files hold a promising formula for entering the covert 900 pandemic globally. A cheap, effective, easy to distribute that scene. We have to get a lot of people were not thinking about the nations working in te
Trade, even if we arent seeing it so much in the equity session. Lets bring in bloombergs dani burger in london. People a belot of playing in todays market after the thanksgiving holiday, but there is one cohort still coming on strong, and those are the day traders. If you dive into the charts, you can see they really have dominated when it comes to call volume. We have seen a lot of the robinhood crowd really prefer call volume calls as their option to bet on rising stocks. We have seen some of that call to put ratio plunge to record lows, and at the same time, it is the Retail Stocks which have been outperforming the pros, outperforming the s p 500 as well. What we get in todays session is a continuation of that. When we look at some of the big names here that are favorites of these retail traders, they are also outperforming. Things like talent here, zoom , those haver, zoom had a lot of call options as of late. A lot of them have calls that are expiring today. All of these actually