Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valuation. We believe that emfx is undervalued and conditions should be conducive to pushing them into overvalued te
Talks have been delayed until thursday. Diplomatic and trade tensions between australia and china formed the backdrop as the rba prepares its latest statements. Economists see no change. Shery we will start with breaking news out of south korea. We are getting the final Third Quarter gdp numbers. When it comes to the year on year numbers, a contraction of 1. 1 . This is coming in a little better than expected. The quarter on quarter numbers also rising more than expected, 2. 1 , and beating estimates of growth of only 1. 9 . We have seen some pretty positive ratings especially when it comes to the south korean export numbers. They have seen a lot of external demand, especially in china and the u. S. , despite the fact we continue to see virus infections accelerate in those economies. Again, thirdquarter gdp numbers for the final numbers now beating expectations and coming in at growth of 2. 1 quarter on quarter, haidi. Haidi lets take a look at where we are sitting when it comes to thi
Septembers made election. President donald trump finally puts on a mask as the u. S. Registers another record high numbers close at 19 infections. And counterfeit cash and libya will have the latest on attempts by ward to leave start to fund his attacks. Im joined again with your sports formula one teams awards they could be jailed if they dont follow a strict coronavirus restrictions in hungary next week meanwhile knows how to start on poland austria after what hes describing isnt a perfect qualify it. Will begin this news all with a u. N. Security Council Decision that could severely affect 4000000. 00 syrians living in rebel held territory and would have agreed on a compromise that will allow only one border with to. Ok to remain open a deliveries a group say theyre deeply concerned over restrictions on the flow of aid the deal was made after russia backed by china pushed to shut down a 2nd crossing across the entire country more than 11000000 people room rely on humanitarian aid th
And drop his las vegas show facade. Vinny how we doing, guys . Im the coconut man. Ukulele and the hat and the coat and the beads. Hey, its not just some schtick. Lemonis are you aware that some people see it as that . Im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. These people are here because they care. Its not always easy, but i do it to create jobs, and i do it to make money. Do we have a deal . Vinny we have a deal. Lemonis lets rock and roll. Man yeah lemonis this is the profit. Vinny fresh coconut we got fresh coconuts right here lemonis in 2016, Vinny Zaldivar launched cocotaps, pioneering a new way to get the juice out of a coconut. Its extremely popular with the las vegas vacation crowd, including me. Vinny open it. Drink it. Its really good for you. Lemonis but i want to see if this is a product that will appeal to the mass market. The coconutwater craze is huge, and if i can tap into this, well, i can make a ton of mo
Sarah . Yeah, shows the power of the fed there. When that headline hit, boom we have a great lineup coming your way Jeremy Siegel and rick reider join us. Plus, well speak with larry kudlow about the latest debate over the future of enhanced Unemployment Benefits and what happens when they run out . Well also take a closer look at one winner amid the volatility, the video game sector. Well speak with Strauss Zelnick. That stock has been an outperform they are year lets focus in on the big stories with one hour left of trading. Mike santoli tracking the action and phil lebeau and joining us to discuss the outlook for the banks is brian foran start us with the big come back that weve seen in the market this afternoon theyre saying buy the dips were in a dip buying environment. They proved it this morning. Take a look improvement. We got that one weeks time. Things are looking stretched at the highs. One week ago today 3232 was the closing level then we got that shakeout. Thursday most pr