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Tracy this is the best of Bloomberg Markets middle east. That could lead to inclusion and some of the worlds biggest stock indexes, potentially tracking billions of dollars to its traded companies. They noted a number of positive market reforms in saudi arabia, including changes to Foreign Ownership limits. Heres more from robert and sorry from robert ansari. We generally say the average of between three and four years. The most recent inclusion of pakistan was done in a year. If we take that most rigid example most recent example, that would be a year. Tracy is that what we mean by fasttrack inclusion . One year . They never reclassified a market quicker than a year. Thats not to say it cant be done quicker than a year. Course, saudi arabia could potentially get 2. 4 weighting in the index. We also got the announcement about china, and it was a slightly bigger waiting ....
Data of this latest batch we are getting in the past few moments. Signalingtill expansion of these services industry, just not as much of a next engine estimated by economists. That is the slowest expansion going back to 2014 in february. Obviously already a weak reaction to the overall jobs picture and it looks like a an acceleration in the decline. The nasdaq down 8 10 of 1 . The dow off more than 100 points as we are looking at the fall out from all of his other data. Betty a game changer. Walk us through the changes in the market. Julie you see this reaction in stocks. A clear reaction in futures. It is really dramatic when you look at the bond market. The two year yield a huge leg lower. Of a leg lower after this latest number. 0. 78 now. In magnitude it is pretty huge, but coming down from where we have seen in recent days, as expectations had been rising for june and july. In the 10 year, similar. The twoyear sentence to be more sensitive in the outlook for the fed, but a big mo ....
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