Plus, strike watch. Hollywood reaching a deal with writers while the auto walkout enters its second week. Ford says significant gaps still remain, and amazons ai move investing some 4 billion in a chatgpt rival. Lets begin though with a new market week. After four days of losses, mike, and we lost the 100day moving average on s p. Yeah. New market week. You have the tenyear up 4. 5 . We closed pretty close to the lows on friday, and now i think its become the debate point is we expected we would have some seasonal weakness. We came into august overbought and overlogged and everybody embracing the soft landing scenario. Now we have had a little bit of correc corrective mindset to that. How deep we have to go is a question of terms of trying to account for the rates and why theyre there. I wasnt necessarily that alarmed at the specific changes the fed made where they took away two cuts from next year and essentially higher for longer and they have been saying for a very long time, you. T
, in particular, the parliament does not exist as a parliament because, well, look, even the Prime Minister does not come to us we have a Prime Minister, it almost doesnt exist because we only have the president s office. Well, when even the Prime Minister doesnt come to the parliament and present there by the way, an example of a candidate for the position of the head of the antimonopoly committee prosecutor mr. Kirylenko, this is me, the prosecutor. With all due respect, but why is the antimonopoly committee here, and the discussion of his candidacy was just, you know . Well, the song, well, its not for nothing, not the Verkhovna Rada, thats why they dont show people only at night at the marathon, they turn it on and dont play it because its necessary was to see when the deputies from the peoples people asked the candidate for the head of the antimonopoly committee kirylenko and they told him, well, your main task is to collect money. Well, its completely absurd, why is the antimonop
Uh, injured in those uh, air strikes and artillery shells on those uh military or on those observation points as well as Prime Minister Benjamin Netanyahu says his government is on the verge of making a peace deal of saudi arabia and speaking of the you in General Assembly netanyahu talked about a potential normalization agreement without any clear indication of an in the occupation to palestinians. Senior i was advised on the official says, if the company in font is in the go to cut about might be given amnesty. Theres been protests in the armenian capital here on against the governments handling of the crisis. Folks onto why about the reintegration of the region and to as a by john after wednesdays c spot, in most cases, ukrainian missiles have targeted the headquarters of its black c fleet and crime in its its in defense system, shut down 5 missiles during the attack and so have a stop all black black smoke was seen blowing from the base you as soon as i bump it in there is, has tem
Points are we seeing signs of a top well break down head winds. We have a 6 billion chip acquisition to tell you about this morning and what it means for other potential deals as well. And retailers gearing up for black friday but walmart gets slapped with a downgrade over at goldman today. We have the latest on the Retail Sector as we begin an abbreviated trading week due to the thanksgiving holiday, the dow and s p east in the midst of a twoweek losing streak na nasdaq coming off the Third Session and bit coin surges past the 8,000 mark over the weekend. I think the high 8101. 91 theres discussion whether or not it can hit 10k. I was thinking about zimbabwe, whoever has money may want to go to bitcoin. A chinese crackdown, they go to bitcoin. Venezuela, natural bitcoin because its defaulting on everything when you see defaults and people realize currency may be devalued, bit coin seems to be a Good Alternative jack dorsey this weekend disagreeing with sara fryer, the cfo of square. S
Low. Firmly low 70 area a week oh euro has been the theme we are firmly bloat 1. 10 now. The Dollar Strength is not just in the fx market at the bond market as well. In this morning the Precious Metals are collapsing. Gold is falling out of bed tonight. This one is trading at a fresh fiveyear low. Theyre raising some of those losses but stay down by 1. 3 to and then the fx market in the commodity market us is the carryover for the spillover. The ftse 100 up by a 10th of 1 . The cac 40 higher by one third of 1 . An eightday winning streak adding over 8 over the period. We are heading so far for a ninth day of gains. Lets head over for the asian market wrap. I wish i could tell you a more exciting story across equity markets here. You can see were just past 2 00 p. M. It is a fairly mixed bag. That japan is closed today for marine day. You see that we are basically back to level since last thursday. Do have some markets which are seeing a bit of spikes places like hong kong and some of t