, one of the three softer currencies against the dollar. I wanted to follow the tech selloff. Nasdaq futures are down again. 7 . We have seen that industry continue. Lets get an update and wants making headlines. Emma chandra is here. Am it there is a turn in the tax bill debate and Republican Leaders are scrambling to save the bill. Mitch mcconnell sent lawmakers home last night. They are looking to offset the cost of the measure. While republicans are asking the tax cut not drive up the nations debt. The price of oil is rising after opec will keep production curbs in place. Libya and nigeria have joined the agreement. Opec and allies like russia are trying to reduce global stockpiles. Oil prices are up 20 since september. Parties on both sides of the irish border issued are refusing to compromise. They are trying to deal with the hard border. The eu will not let trade talks continue until there is an agreement. Global news 24 hours a day powered by more than 2600 journalists and anal
At whatstake a look going on in to those brexit talks. The pound is up by. 2 . Stronger dollar story throughout the day and dollaryen is up to. 6 . 58 basis points. Thats really steep. Time for the morning brief. Ahead. A look at the week today theresa may is scheduled to meet with Jeanclaude Juncker. Then social democrats hold their convention. Congress has to act to avoid a Government Shutdown and we are also going to get on friday u. S. Jobs numbers. Big week ahead. Topics tax, u. K. , cvs buying aetna. The talk on the talk shows was all about taxes. Had towhat the senators say. When you heard the president say we are very close to the finish line you know he has wanted a 15 right from the beginning. Is parted to a 20 rate of the discussion. The house as a 20 right now. We are happy with both of those numbers. If something small happens in conference that gets us across the finish line we will look at it on a casebycase basis. Business tax all the way down from 35 to 20. It could be
Two of writing uprisings. Before being detailed by two police officers. In a video statement, police said the suspect was a 29yearold man with a temporary residency permit. Police did not give the suspects nationality. His visit tos on greece, the first visit by a turkish head of state in 65 years. Ties between the fellow nato members have been strained by competing claims of violence, as well as how to handle recipes refugees. Im Mark Crumpton, this is bloomberg. Live from bloombergs World Headquarters in new york, im julia. We are 30 minutes from the close of trading here in the u. S. A losing streak ahead of tomorrows jobs report. What do you make of it . Averting a Government Shutdown. The president met with leaders from both sides of the aisle. Firefighters have little luck in containing wildfires across Southern California. Flames have displaced more than bitcoineople in skyrocketing past 16,000. As u. S. Exchanges planned to get into the action, one minute closer to midnight. Th
Crude is rebounding a little bit after a couple of days of a selloff. The euro is weakening against the dollar because the u. S. Dollar has been strengthening so much over the past few days. That yield curve spread is actually widening for a change. Its up a little bit. I have been watching this. The greek has come down. It has gone down about 4. 5 . David that is remarkable. It is jobs day. We are going to get those u. S. Jobs numbers for november. Spacex will be launching a falcon 9 rocket to deliver cargo to the International Space station. When bitcoin day it comes to wall street. Futures contracts on the cryptocurrencies, the banks are figuring out how theyre going to respond to all of this. Its time to our first take. We discussed the top three stories of the morning. Up first is the deal on brexit. Theresa may got the goahead it. The second story, the rise in the u. S. Stock market pointing to more gains through the end of the year. , u. S. G news coming out jobs numbers for nov
That United Kingdom finally finishes the divorce. But is a hard work about to begin for syriza may . Bitcoins features set to lunch, is it the hottest market is 8 a. M. In, it the emirates. Middle east, and Tracy Alloway. Let us start out with a quick check on what was going on in the european markets on friday. We had some big news on a u. S. Jobs and the brexit breakthrough as well. Payroll for november was a headline number, rising by 228,000 for the month, above the forecast of 195,000. Still no big improvement in wage gains, more of what weve seen over many months. The headlines were enough to give u. S. Stocks a list however, the s p 500 closing at an alltime high. Strength flowed into the same stocks, they had been in an area of concern early in the week. The bloomberg dollar index is on its way to its best Weekly Performance for the year, Pretty Amazing f. Again, judged by what was happening early in the week. 10 year yields also notched up higher that trumps and a short terms