You can see oil prices pulling back about 27 cents, still just about 89 for wti crude. We will have a live report from our nbc colleagues on the ground in the middle east coming up in the next half hour. Lets talk about some of the main market events of the morning. Actually today fed chairman Ben Bernankes speech at the economics sclub of new york is coming up at 12 15 eastern time. Traders will be listening no any comments on the Central Banks operation twist program and discussions about changing how the fed communicates about Interest Rates. Operation twist expires next month. And there is some speculation the fed will continue making asset purchases by expanding the size of its 40 billion a month quantitate of it easing program. Also on the economic agenda today, october Housing Starts released at 8 30 a. M. Analysts looking for a decline in new building despite a steady stream of positive news on housing lately. Yesterday the National Association of Home Builders said the confide
Im back. Kelly is off for an entire week, a very well earned thanksgiving rest in america. So coming up, well be out in tel aviv as International Pressure mounts to find a solution to the ongoing violence. Hillary clinton on route to jerusalem. Well get a view on president obamas trip to cambodia where tensions over the South China Sea look to dominate the as sas summit. Well have updates about the greek tranche. And lines are already facing for the latest tech ahead of the allimportant black friday deals. But first, the french finance minister has responded to moodys downgrade by saying government reforms will get the economy back on track. And that french debt is amongst the surest and most liquid in the eurozone. Moodys joined s p by stripping paris of its aaa rating citing growing about public debt levels and its diminished ability to withstand future euro area shock. Bank of japan remains steadfast despite rising political pressure prompted by controversial comments from the likel