Already in the25 books. Not a great quarter but we are ending the week on a slightly positive note. O far, the s p 500 is up. 75 the nasdaq is up. 6 . Smaller moves from earlier this week, and all told, the s p will be down on the week. To 37, so some better performance for that asset class. I want to point to the brazilian real. The Justice Department minister has resigned. Lets get a deeper dive into the markets with taylor riggs. Moves you mentioned the in the equity markets, and you are seeing similar moves across asset. The bloomberg dollar index getting strength. The 10 year yield, you are getting a drop in yields. In a 11tal markets said of the week, you typically see stocks go higher. Also getting in a 11 some weakness in highyield. Starting to see the equity market strength is not translating into the highyield market. You are getting some movement in the bloomberg commodity index. Yesterday, a lot of movement. That is thanks in part to energy. I want to look at where energy h
Rally, talk about a turnaround. South korea, hong kong, japan investors moving away from haven place. Remember, china had been quite an out performer. The hang seng currently up 3 . We are hearing chinese buyers are buying up those stocks in hong kong. Lets look at where futures are setting up. We see futures pointing to a higher open. It has been a volatile right. Ride. Futures volatile equity futures down about 1 despite jumps in the s p 500 and the dow. Aide, saying that the deal may not be up and running just yet. Flip the page and look at where we are, the kiwi dollar tokening further, starting buy bonds to stimulate the economy, and look at that, down 1. 7 . It is moving just like the stock market. People were saying bitcoin was a haven play. for more context in the markets, david ingles our coanchor joins us. David, could we say this is the end of the route, or a bear market rally . David it is hard to say if this is the bottom. Once markets stop reacting, that is when you know
Lawmakers pushing for a cross party rescue deal to try to save the economy there as the pandemic leaves markets dealing with their worst week since the 2008 financial crisis. Hi there very good evening thanks for tuning in to our Teams International live from our h. Q. Here in moscow is kevin owen here for the next half hour with our usual weekend recap of the big stories as reported by us to you for the last 7 days i was starting with iran in croatia earlier today a 5. 3 quake and then 2 aftershocks struck north of the capital zagreb local media say that a 15 year old who was found in the rubble of a building there is in a Critical Condition in hospital several other people are reported to have been hurt. What you seeing there the moment the 1st tremors apparently kicked in caught by c. C. T. V. Inside the shop we think streets across the city have been littered with debris theres been significant damage to several buildings reported to the quakes reported to be the strongest in the r
World, from hong kong to vienna to u. K. And to washington. We are on the ground with all this mornings top stories. The u. S. And china are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase i trade deal according to people familiar with the talks. This to be expect reached before december 15. Joining me is chief bloombergs chief asia correspondent. We have some takeaways from our colleagues in washington and beijing. They are making the point that President Trumps comments yesterday do not necessarily indicate that these talks are stalling, even though he was downplaying the need for an urgent deal. On the flipside, we have in hong kong and xinjiang are not going to derail the talks are these talks to continue to push forward. We now look at the december 15 deadline. On the chinese side, they have a redline around tariffs. There are some details on which tariffs are to be rolled back. Before we get too optimistic, i would say we have had some stri
The dow is down over 200 points. Of course, pointing to weaker than expected Manufacturing Survey that was definitely the trigger. A lot of the rally since late summer was about a process with industrial activity. I will point out weakness today is not specifically concentrated in manufacturing, it seems like it is an excuse to say we had a nice run, havent had many pull backs. See the nasdaq down 1. 4 not full of manufacturing. It is more of a general cemen sentiment. U. S. Data not improving on time according to the schedule investors were hoping, we have a backoff. I would point out, s p is back to where we traded a week ago friday were skimming a bit off the top of the last part of the rally. Dow is down 220 as we talk now. Meantime, lets turn to the political ad hold outs mark sazuckerberg was reiteratig facebooks policy for now. At the end of the day i just think that in a democracy people should be able to see for themselves what politicians are saying even if the ads contain fa