, 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
Warns of the tough trading condition ahead while we plummet on yet another profit warning. Investors all eyeing a host of key cities stateside with jpmorgan and wells fargo kicking off banking earnings. Announcer youre watching worldwide exchange, bringing you Business News from around the world. And were just getting the ieas oil report. Oil has fallen for the Third Straight month in october. It dipped below 90. Its down now 20 since june. The reasons are abundant supply, Strong Demand growth and a strong u. S. Dollar. In particular, it says, quote, while abrupt slowdowns in demand in q2 is coming, supply growth looms larger as a factor behind the recent easing of oil market balances. So it is supply growth more than weak demand leading to its weakness. Absolutely. And the iea rising to a 12month high in september led by libyas continued recovery and higher iraqi flows. Of course, weve been seeing oil trade at a fouryear low now in correction territory. The worst performing sector on