do you want to go through the data? tom: yeah, let me go through the data. the news is in conversations. limit 12.55 with a massive curve flattening, oil down at the bottom, speaking volumes. next screen, please. the vix is a good litmus paper, not moving here with futures down, 40.94. i am not sure what the implied 5.0is, but i m guessing will be a good place to start. that is the yen. what is absolutely telling, there is persistent yen strength through the japanese day and the london morning. the 30-year bond. third screen and i know francine has a more europe-centered view. this is the chairman powell screen. what will they do before the market opens? this is what they are looking at. the two-year yields from the u.s., u.k. that is stunning on the united kingdom, maybe near a negative yield in japan and down to germany as well. francine? francine: first of all, we did have the iaea headlines crossing the terminal moments ago, oil demand dropping for the first time since
angle. the only goldman sachs angle here is like two days ago there was an issue with option markets from the outside in that case goldman. this feels once again this isn t an exchange problem, not a problem within the nasdaq. sounds like something from outside coming in that they don t understand or can t gauge and that is going on. that is the only comparison i am making. there are so many market players. we have the centralized exchanges that are supposed to be responsible and a palpable. everyone is feeding off of their data and going in, one big happy melting pot of a global marketplace. what is happening is a lot of stuff happening quickly and even the people in programming don t understand what it is and that is my only point. my point is tuesday was goldman, today we don t know who it is. it could come from anywhere, some kid in his basement. cheryl: i want to clarify the breaking news situation and make sure i clarify again there s a lot of speculation, do apprecia
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