Another record for alibaba on its 11th annual singles day as Worldwide Exchange begins right now. Nothing like a little guns n roses on a monday morning. Im dominic chu. Happy veterans day to all those who are serving and have served our great country. Heres how your money and the Global Markets setting up. The dow will open down today by just around 120 points at this stage. The s p off by about 12 and the nasdaq off by 42, as well. Taking a bit of a pause from the record runs. Stocks are coming off their third positive week in a row and the eighth record close of the year the bond market is closed for veterans day and that holiday banks, as well lets go now worldwide in the early trade for europe we are seeing the negativety carry over there the german dax off by 0. 3. Now, in asia red across the board as unrest in Hong Kong Hit a new level overnight. Cnbc own emily has the latest. Hong kong as weekend unrest rolls into the citywide protests on monday. Drops close to 3 with benchmark
This is the position we find ourselves in. Looking at futures contracts for the s p, those are indicating just about a flat picture. We did have records once again for the major benchmark indices on wall street that should have been given is more of an uplift to the tail end. It is just up fractionally in the msci all country world index , which means we are just about 1 away from a record when it comes to global stocks. This is what we have just at the moment. Just appreciating just a little bit despite the horrible production. The fact that the rba is paused for now with regard to Interest Rates and a ruling out a move toward quantitative easing for the time being, just playing in the yield, just in three basis points. Ok. With that in mind, lets find out what else is happening. Lets get to the first word news. Thank you. We are going to start with the white house. A budget official in the Trump Administration says he warned his superiors that a hold on security aid for ukraine could
Got some pretty good clear skies you across much of japan over the next couple of days it stay dry and it will stay dry through the end of the week in the start of the weekend so 22 celsius intake and some pretty good sunny skies color to the north into her guide to the winds are coming from the colder north and west and weve got most of his guys across the Korean Peninsula as well the cloud begins to push in from the west on saturday but staying fine for most falls across into much of a central japan now vietnam is where were seeing the very heavy amounts of rain a lot of this in fact most of this really is coming from the remnants of what was a Tropical Storm so this will continue to impact northern and coastal areas of it and over the next 23. 00 days we could see as much as 300. 00 millimeters of rain certainly around 200. 00 fairly widespread throughout much of the country meanwhile 28. 00 celsius in hong kong feeling a bit humid but mostly dry with some sunshine and that rain is
Looking at today, four states having elections. In the case what is happening right now in mississippi and kentucky quest for the gubernatorial mansion. Democrats hope to put under democrat control there, pick up two statehouses in the process. Kentucky, virginia, new jersey, mississippi, also have separate legislative elections on top of that. You have a host of propositions being debated and voted on across the country in key proposition measures. What powerful signals can come of today. Politico White House Reporter gabby orr, what she is looking at. What are you looking at . Gubernatorial battles in kentucky and mississippi is front and center. What happens in places like virginia, turn in legislative control of that body. That will be crucial. Absolutely. Neil, pretty much two things im looking at right now. Number of one the kentucky gubernatorial race. How will matt bevin perform in suburban lexington and other rural parts of kentucky . It is important to see whether his support
A wide turmoil so the options he had was of course to counsel is to try to resole this but actually we dont know whats the real meaning if that doesnt mean that he will try to obliterate the International Scrutiny that he would have had in the a pic or in the call of the un is sending a Delegation Team to investigate the allegations of human rights abuses by Security Forces presumably that is still going ahead are you saying that you think that part of the reasons why these 2 summits were cancelled was because he didnt want the extra scrutiny i think it could be because the image of the president in chile politics is quite damaged internationally so this would be if it was if there are more insights today because protests would have happened in india to call the cop. So thats one answer the other one is yes hes trying to resolve internal issues because this is a very dramatic situation and he needs to focus on that but the right answer than real answer we still dont know and maybe ment