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Were the u. S. And china were expected to sign a partial trade deal. Alltimeks hit an high. Apple, lift, and facebook, all top earnings estimates. The start of trading begins in asia. The start of training in sydney trickling online. Trading has already been underway in new zealand. Weekve policy stocks in from the of it. New zealand trading flat at the moment. The kiwi dollar has been on the move. Higher after 1 west bank said the rmb would pause from november from cutting rates. Centralbank action is the name of the game as investors and asia decide for the meaning of what fed chair powell said overnight. It was a hawkish cut, saying things would stay on hold until the material changes to the Economic Outlook. In his press conference, suggesting inflation is key as to whether they would be any hikes down the road. That does not look likely at the moment. As wes looking positive go into a bank of japan decision day. Shery we ha ....
Some extent. We are seeing some strength in stocks today, although the nasdaq is trading lower. We have the dow and the s p not currently s p touched a record. Dow is currently trading at record levels. Catching up with what we saw the nasdaq jew yesterday. Interesting what we saw the nasdaq do yesterday. Opec unexpectedly struck an agreement on production and whether they stick to the agreement is a question. We saw oil have its biggest singleday gain since february. 48. 35 a barrel. We have seen a surge in volume for oil trading. Whether there was an opec agreement or not, it seems the where oil is traded, cme group a winner here. In terms of daily volume, the green circle is an almost 2 million barrel in a single day in terms of Oil Contracts traded. That was on election day. That was, as you can see from the chart, pretty clearly a record. As you look at all of the oil opec surplus capacity in terms of number of barrels a day, ....
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