Four days of losses is about to become five. Are down 7. 5 over the previous four days. Cross assets, we look like this. A bid into the bond market briefly in treasuries. It did not stick. It was a treasury market selloff. This morning, it is about yen strength. Dollaryen coming down on 0. 3 . Again. Rude is down 0. 9 mark wheret is that you have these massive producing countries like russia and saudi starting to worry. These are very hard prices to deal with when you try to balance your books. It all comes back to demand. Everything is about demand right now. When you have france and germany going into lockdown, that does not bode well. Euroyen is striking me this morning. I feel that for the first time it is acting like a haven. It is her membrane what it is supposed to do. Jonathan a bit of yen strength. Chancellor merkel giving a wakeup call to her fellow eu leaders. They failed to act quickly stop the pandemic. For more, our western europe managing editor joins us. Walk us through
The man. Is playing with fire escapes us things. That are sets in science are to be flagging the one of our us election reports as potentially misleading right after their platform itself is accused of anti conservative by. Both your headlines for more on those stories going to our t. V. Dot com and meantime stay with us for more Great Program right here. During this pandemic weve been wary of the symptoms but now a side effect has emerged in its victims dont even have the virus white collar professionals are lapsing and relapse saying into addiction many are losing work who isnt lately ditto the isolation we all feel quarantined so why are lawyers and salespeople in Investment Bankers and the. Health care workers were counting on a lot snow why are they particularly susceptible lets s. The coauthor of the tobacco dependence treatment handbook a guide to best practices psychologist a New York University professor dr ram and i are a professor of about tobacco i never smoked but i have s
This is. Semisurge, theyre leading us to new highs. Yeah, and its been pretty interesting, scott, because this has been a much broader rally than i think a lot of the folks have talked about over the last couple of weeks, and part of it is its the semiconductors, thats one of the areas everybody looks at the big 5 theyre not looking at some of these other names. When you look at the smh, and you see where its trading now and near all time highs, it gives you a little bit of a sense of how much activity there is there, and continues to be there. We have seen so much in the unusual options side of things its been incredible across just about every name that you can imagine. So it certainly does stand out to me that thats been performing, along with biotech to the upside, and both of those, oftentimes youre going to see most of those names in the nasdaq, and thats part of the reason youre seeing some of this outperformance from the nasdaq is this the week that growth took the market back,
Record employment for the for the year of 2019. That is the Silver Lining as well. We are still waiting for new credit data out of china which deadline, within the the 17th of this month. That is when we get to gdp numbers as well. Su keenan in new york. Su lets start with proand antigovernment demonstrators facing off in central tehran over the shooting down of a passenger jet last week. All 176 people on board the ukrainian plane died when it was head by two missiles asked fired by the revolutionary guard. Iran initially blamed technical issues for the crash. Is calling forni a special court to investigate the disaster. The entire world is watching. In the u. S. , the senate is withg closer to a review democrat tim kaine saying he has enough republican votes to pass a bill limiting the president s ability to launch an attack without congressional approval. The news reflect bipartisan dissatisfaction over the administrations very best varying justifications for the drone site strike i
Some of the other Asset Classes are moving on a bit of news. Sterling falling, erasing the gains we saw for the currency before the general election. Going below 1. 31. The thai baht is one of the strongest currencies in this part of the world, Interest Rate. Bit later coming out Oil Inventory story, that is not the oil price but we have 60 or thereabouts. That is reflective of a growth in u. S. Inventory. Bitcoin, continuing to be there even though it is higher. A report says the cryptocurrency perhaps peaked two years ago and on top of that we have a lot of rivals out there. There is a crypto scam in china which is seeing unwinding of the action. That is where we are from these Asset Classes. What else is going on . Lets join su keenan. Japan and the latest economic data, japanese exports fell for a 12th straight month in november. Aat confirms little sign of pickup despite indications the slump in Global Manufacturing may have bottomed. The value of shipments abroad fell just under