Crude is rebounding a little bit after a couple of days of a selloff. The euro is weakening against the dollar because the u. S. Dollar has been strengthening so much over the past few days. That yield curve spread is actually widening for a change. Its up a little bit. I have been watching this. The greek has come down. It has gone down about 4. 5 . David that is remarkable. It is jobs day. We are going to get those u. S. Jobs numbers for november. Spacex will be launching a falcon 9 rocket to deliver cargo to the International Space station. When bitcoin day it comes to wall street. Futures contracts on the cryptocurrencies, the banks are figuring out how theyre going to respond to all of this. Its time to our first take. We discussed the top three stories of the morning. Up first is the deal on brexit. Theresa may got the goahead it. The second story, the rise in the u. S. Stock market pointing to more gains through the end of the year. , u. S. G news coming out jobs numbers for nov
The market is underplaying the risks of higher rates. Are we heading to 3 on the u. S. 10 year. The u. K. Warns the European Union warns another financial crisis. Can brexit end will for the city of london . Shining a light. The eu market regulator announces a lastminute delay to our changes to the darf trading limits. Is mifid now a mess . Matt lets look at futures. From where i am sitting it does not look like it will be a good open, a rainy day in frankfurt and down on the futures across the board. Futures are positive, but for the most part down and that is understandable after a long march higher in equities. The s p 500, up six day sin a row. Six days in a row. Is treasury trades, guy, where it gets interesting, looking at 2. 559 . So, that yield going above 2. 5 and staying there. The question is, how much higher do we go if we are looking at the end of the bull market in treasuries . Guy it is probably 3 winning to be looking at as the line in the sand. The Australian Market wa
Democrats decry President Trumps decision to block the Immediate Release of the democratic memo as politically motivated. Today, we are asking your thoughts on President Trumps decision not to release the memo immediately. Republicans can call 202 7488001. Democrats can call 202 7488000. And independents can call 202 7488002. And onal media cspanwj facebook at facebook. Com cspan. More on the president s decision to delay the release of the memo from the Washington Post today President Trump will not immediately release the democratic memo refuting claims itshe fbi abused Surveillance Authority host which he said game support for his claim that the russian , that the fbi was politically motivated. Johnng us by phone is bennett, the White House Reporter at cq roll call. Thank you for joining us. Guest thank you for having me. The result of this decision five the president to delay and review this memo as opposed to declassify what he did the republican memo . Guest i think the biggest t
Tuesday is in the orange, or red, whatever color it is on your screen there. That is the last hour of trading on both of those days, and it traveled about 3500 points monday in just the last hour of trading, down 1600 points for a time, and then a 500 point or 900 point swing yesterday. As you mentioned, we had a big swing in the last few minutes here well see. Anything happens in the final hour of trade. More from bob on todays move, bob . Reporter other things moving things other than the volatility index today. We were tooling along at a narrow range likely to the upside, and 1 00 hit this is the screen we have up here at 1 00 you can see we started moving down there on the heavier volume two things happened at this time we got a budget deal that implied greatly increased deficit, and we had a soft twoyear auction whats the effect . The effect is bond yields moved up this has been a problem in the past, but, particularly, the levels were at now, so bond yields moved, put up the teny
Surveillance. What a week we had on the markets last week. This is the tension as we get onto monday. This is what im looking at in terms of stocks. They are gaining some 1. 6 . We are also seeing futures in the u. S. Pointing to a higher open. Things can reverse quite quickly and change quite quickly. Downan see the vix index some 10 and eurodollar, 1. 2276. If there is an infection beyond equities and the vix, it would be in credit markets. Also coming up, we talk markets and last weeks correction with Morgan Stanley. Later on, we talked to eric nielsen, chief economist at unicredit. Plus, we talk ecb and brexit. Lets get straight to the bloomberg first word news. Is readye u. S. Says it to engage in Nuclear Talks with north korea. Vice president mike pence dubbed the new strategy maximum pressure and engagement at the same time. The comments signal a shift in policy after they agreed to pursue a dialogue with pyongyang at the winter olympics. Budget director Mick Mulvaney has warned