Potential expansion of opec curbs. The secretarygeneral says he is cautiouslylly optimistic the market is rebalancing. Met the kingister on wednesday. We got this take. Devaluation issue is the most important in my mind. Saudi want an ipo, 5 of the company, is to create the reality of the reserves. When we found this valuation if those valuations cannot be improved, that will delay the ipo in my mind. It will not be hitting one of the main objectives of why the saudi government is doing that. The other thing is, how the interest has rising been rising in the saudi market, that is a benefit not felt in terms of market people putting money. Now we see international investors, big investment banks. This is yousef that usually has an effect on surrounding market spirit by virtue of size and scale. I pulled up technical indicators for the dubai market. It has done some interesting things over the last few trading sessions. I put three moving averages in there. You can see that here in the l
Of several major world bond quities . Nejra lets have a look where european equities are. Part of the market trading right now. Just under 30 minutes to the close. I wanted to start with your dollar one month volatility this is really capturing concerns around geopolitical risks. Also of course we have been seeing this moving ahead of and off the back of that u. S. Jobs number. And of course as always political risks in europe to think about as well. We have seen euro dollar volatility, one month, rise to its highest level since june. Risk reversals on this as well have slipped to the most euro barest sentiment since late 2011. Were seeing money flow tout of the euro in terms of the euro dollar trade. I wanted to show you whats happening in european equities. We were seeing losses on the stock 600 earlier. Since then the benchmark pretty much got. If we look at the vstox weekly move, expectations for european stoc swings rising for the third week. The last time that happened was back h
The chinese president returned home this afternoon following his 20 summit with president trump. The president called their time together very interesting. Both leaders spent part of today holding talks in florida. I am Mark Crumpton in new york. Caroline i am caroline hyde. This is bloomberg technology. Coming up, the fallout continues in the google controversy. Are the change that youtube enough to keep competitors from chipping away at its massive digital ad sales . 23 and me clears a major regulatory hurdle. C. E. O. Oniew with the the future of the genetic testing market. Samsung investors shrug off scandals to report higherthanexpected earnings. Could the south korean giant be bouncing back . Googleo our lead, continues to fight back from its at controversy. Youtube will now require video channels to reach 10,000 total views before pairing videos with advertisers, raising the bar for those posting on the site. Is it enough after advertisers found their ads running next to offensi
Potential expansion of opec curbs. The secretarygeneral says he is cautiouslylly optimistic the market is rebalancing. Met the kingister on wednesday. We got this take. Devaluation issue is the most important in my mind. Saudi want an ipo, 5 of the company, is to create the reality of the reserves. When we found this valuation if those valuations cannot be improved, that will delay the ipo in my mind. It will not be hitting one of the main objectives of why the saudi government is doing that. The other thing is, how the interest has rising been rising in the saudi market, that is a benefit not felt in terms of market people putting money. Now we see international investors, big investment banks. This is yousef that usually has an effect on surrounding market spirit by virtue of size and scale. I pulled up technical indicators for the dubai market. It has done some interesting things over the last few trading sessions. I put three moving averages in there. You can see that here in the l
Higher on the back of the move in syria. More on that behavior. Plus, retired general leslie clark joining us shortly to talk about what future u. S. Military strategy could look like. Lets begin with Team Coverage of todays big stories affecting the markets. Steve leisman at cnbc headquarters with details on this mornings weaker than expected jobs report, and bill is in moscow tonight with the latest on the syria situation, and kayla is in palm beach, florida with news from the china summit. Steve, starting with you rs first thing this morning with the headline whether it was weaker thans expected. We had a chance to digest that in markets, and despite the disappointing payroll number, bill, most economists, and markets, trade as if they are on track to hype twice this year, including in june. The chance of a rate hike in june remains unchanged at 61 , even after the government reported job growth of 98,000 today, and that was well below the streets 175,000 estimate. New york fed pres