Of defiance against them. The for months, demonstrators have been calling for government reforms, including a new constitution and curbs, on the kings power and wealth. More from scott high that the protests in bangkok part of their 3 demands reforming the monarchy. Part of that is that they want the assets of the king to be much more transparent. Because right now its estimated that his holdings are worth 30000000000. 00. Part of the reason hes able to do that, he was able to do that is because an act was passed 2 years ago that put all the crown assets in him into his name. Personally, personally manages the reason were standing in front of the sea and commercial bank. This is one of the Largest Companies in thailand. He controls 23 percent of this bank. Hong kongs chief executive has defended a crackdown on the opposition and praised what is a widely criticized National Security law. Carolines annual policy address was, delayed by a month to allow for further consultation with beiji
A world leader in the perils of protesting in cuba activists. Go on Hunger Strike, protest against an increase in government, detentions nearly 3 weeks of fighting. Now on a deadline, imposed by the Ethiopian Government for to Ground Forces to surrender is going to expire later on today. Wednesday, the federal army has encircled to to grow its capital. Mckellen is threatening to use artillery on the city of 500000. People to growing leaders deny the claims that they have begun, surrendering in all of europe is promised. It is asking the International Community not to interfere in the conflict. This is what he says. While we appreciate and understand the interest of the International Community to assist the, as he says, ongoing Law Enforcement operations, we would also like to underscore that this must be done in accordance with international law. This 1st and foremost means the International Community should stand by and until the government to v. O. P. Estimates its requests for the a
Singapore also in the red. Currency markets certainly, we have the sea and why in the frame at the moment. This is as we got the story today about beijing crossing gains in the yuan as it seeks to cheapen exports and bolster weak spending. That is a theory being compounded, saying a stronger yuan is ideal for beijing at a time when president xi is pushing for a more selfreliant economy. That is where we are with the currency markets. Yvonne yeah. Interesting call there. Thats more analysis with eddie cheung, e. M. Strategist. This all about shifting to more selfreliant economy in china. Given the gains we have seen in the renminbi, is it sustainable and how much tolerance is there for further yen strength . Eddie well, i think we certainly do believe there is more room for the cn wide to gain. First in terms of the dollar view, we think the dollar still has more room to go lower. We look at the indices, we are only at about three month highs. We are still below where we are in terms of
The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home depot tomorrow. Lots to talk about. Im Ashley Webster. Yes, stuart is back tomorrow. Varney company is about to begin. Its been run horribly and were going to make it good. Now, what am i supposed to do, let it continue to run badly so if you fix it they say oh, hes tampering with the election. Were not tampering. This is a con game by pelosi and schumer. Look, the post office, theres 25 billion sitting there but they really want 1 trillion to bail out their badly run states. Ashley yeah, that was
Gaze portfolios were slammed but perhaps good news, bonds rose. Maybe the bond market may be suggesting worst of the selling may be over . Well find out meantime the banks despite the yields, battered, even as top ceos wrap their meeting with President Trump at white house, well get more on that in minutes. Perhaps the biggest shock is boeing shares down another 18 today. Boeing, really one of the bluest of the blue chips, now has lost half its value in just six months time. Well dive into why. Joining us to walk through all of this, karen, dan, tim and guy. Welcome everybody. Another big night, difficult night for a lot of people out there. Pension funds, state pension funds, companies guy the question to you and everybody on the panel and lot of viewers what may not be market pros, tuning into cnbc first time, do you sell now if you own stocks, ride it out . See any sign of a stock market bottom maybe the bond yields when let us down in s p, maybe rising a little bit will lead the s