At a 10 plus number for on them limit on friday. The dow jones is down zero point 3 . The s p is positive by just a point. The nasdaq is down by four points. Very Little Movement right now, at least around these indices. The dollar index is stronger today at 100. 18, as the said continues to as the fed continues to invent ways to get money into the economy, the latest to get banks to breach their leverage ratios. What is going on in europe right now, guy . Guy as you say, the dollar is creeping up, which means the euro is going down. The euro a big component of the dxy index. The dollar regaining a bit of traction right now despite the fed efforts. European stocks down by about 0. 6 . The only sector in positive territory is the oil and gas sector, given the climb we are seeing in crude prices. Brent is up by 5 on expectation for the president that a deal can be done between the russians and the saudis. Eurodollar now with a 1. 08 handle. Down at the bottom, youve got a bit of an offer
Now, coming off highs of the session. Heres probably why. We have a delegate from opec saying that the outlying deal is just for about 10 Million Barrels of oil a day output cut. About a halfhour ago, we got reports that it could potentially be 20 Million Barrels of oil a day. 10 was the bare minimum that the market was actually expecting. The opec meeting is getting underway now virtually, so we are waiting for more details. Who cuts, how much, when . There were reports you could see 4 Million Barrels from saudi, 2 million from russia. If you get to the total output of 10 million, ok. You could get some kind of floor may. In other areas of the market, the s p on pace for its best week since 1974. We can thank the fed for that. However, take a look at what is winning, utilities and real estate. The dollar is rolling over as the fed throws a second kitchen sink at the market, as well as the economy. Some more get reaction to what the fed is doing. We are stepping further into the credit
A pedestrian was hit by a car in the dnipro district of kyiv. He got injured this was reported in the state emergency service. The National Police also announced. Previously, a 22yearold driver ran over a man at an unregulated pryladrager pedestrian crossing. He showed that kermanych was sober. The Capital Police opened criminal proceedings. They tried to detonate a grenade during the detention, in kyiv they discovered and exposed serial tenants, this was reported to the Capital Police, criminals used loma to break into apartments and offices, stole money and equipment, Law Enforcement officers caught the criminals during the robbery of a pet store, one of the criminals threatened with a grenade during the arrest. One of the attackers defiantly resisted. At first he threatened with a knife, and when the operatives knocked him out, he took out a grenade from his pocket, pulled out the ring and tried to throw it in the direction of the Law Enforcement officers. Thanks to the skillful and