On the difference between 12 miles of fisheries and 200 miles of fisheries, and i can understand the delicacies. I believe as the Prime Minister tries to help mr. Mccraw by phasing in those fishing rights. We will be speaking with our fisheries expert, therese raphael. And the underlying question, how many can fish at any time, we will see if they want to sign something or whether they want to postpone it. Thats get to first word news with ritika gupta. Ritika the Justice Department is in talks about resulting charges against the ceo of huawei technologies. It is a longrunning dispute that fueled a clash between the u. S. And china. Canada arrested mag ones out two years ago, confined to the city of vancouver ever since. There are talks of a third prosecution agreement on violating sanctions against iran. That would allow him to return to china. Call for says he will americans to wear masks for the first 100 days of his administration. He will issue a Standing Order biden sayses he thi
What it means is that crude is having a really tough day. You have Oil Producers from saudi arabia, others, really trying to renegotiate a deal to reduce the output, but crude is not getting a lift on that new. Getting a look at the Retail Stocks we were looking at, after the massive route that we had, the Smallest Companies in the s p 500 are retail. Taking a look at the midcap index, macys was removed on the s p 500. 13 other companies within the s p 500 ended last week with him lower market values and so you had Companies Like cap, kohls, nordstrom, capri, haynes, getting hit hard. So if they go, if they follow the precedent set by macys, they could potentially be getting kicked out of the s p 500. Just an incredible move. One of the Big Questions is it the fed would start lending to junkbond Companies Like macys. One thing that you noted a lot in your research is what is systemic, right . Who is providing the jobs and what classifies something as too big to fail, if you will. A lot
Of its own way today. In the treasury space, weve got that relatively positive gdp data. Some of that other positive data with regards to consumer spending, as well as housing. That is leading to the shift you are seeing in treasury yields. Yields moving up higher. The tlt moving lower. The bloomberg dollar spot index also moving on the back of some of that strong data. We are seeing oil move a little lower after inventory numbers surprised a lot of folks, catching them off guard. Most of the activity we are seeing in the market a little bit subdued. Obviously the day before thanksgiving here in the u. S. And the day after thanksgiving one of the lower volume days of the year, so keep that in mind as you try to interpret some of the price action we are seeing today. Guy absolutely. We are already coming into the lowvolume period in the runup towards christmas. Thanksgiving of your sleep tomorrow. Here in europe, we will be up and running tomorrow. Up by 0. 3 . The euro softening. We ar
Qualcomm a downgrade at Morgan Stanley saying basically the underpricing has gone away, that qualcomm is pretty well priced at this point. Walgreens is a interesting one because there may be a bid out there according to people familiar. Walgreens is getting a bit and barons over the weekend mentioned Warren Buffett. Todays story were reporting is k. K. R. Will make a bid for walgreens. Guy alibaba set a single day cord, its a value record of 268. 4 billion yuan hitting the bloomberg terminal the last couple minutes. Showing you what European Markets look like, light volume on the other side of the atlantic due to veterans day, bond market closed and European Market is flat and the london market is down but pound is up. 7 . If you look whats happening with the havens, vonnie, gold trading down by. 6 of 1 . Vonnie protests in hong kong intensifying as Police Fire Tear gas after the shooting of a protester increased tensions. Carrie lam addressed protesters saying violence could leave hon
For the imf meetings but lets get a check on the markets as investors digested the data out of china earnings will be coming through in europe. We struggle a little bit and stoxx 600. Cable is coming off a fivemonth high. A lot of concern going into this weekend and what parliament will vote on in terms of the brexit deal. We are talking about potential rate hikes. Coming up, we hear from the Vice President of the european atmission that 1130 time 11 30 a. M. London time. And still to come, we speak to bank of England Governor Mark carney at 5 30 p. M. London time. Definitely not want to miss. All of those conversations from the Imf World Bank annual meeting. Lets get first word news in new york. We begin with the ceasefire in syria. The u. S. And turkey agreeing to a break in hostilities to allow kurdish fighters to withdraw. Once the ceasefire takes affect them a donald will remove this weeks sanctions, but u. S. Senators from both sides say the deal does not go far enough. Reluctant