Date on where the various districts of the Federal Reserve think the economy stands right now. Plus, jpmorgan taking on square and paypal with a big move into the Small Business space could the banks upend the market and these highflying stocks later, gm doubling down on its autonomous ridesharing business the ceo of cruise will be here to explain why he thinks ridesharing will thrive again after the pandemic power lunch starts right now hi, everybody. Lets go to dominic chu with big movers. I have taken over tylers spot at the telustrator. I will show you because tyler told us about the whiplash weve seen on the headlines. The markets are largely pricing in a lot of nothing right now. We were marginally lower, marginally higher at one point, and now were mixed across the board. Dow industrials off 30 points. The s p 500 up 0. 1 of 1 or four handles and nasdaq composite outperforming, up 13 basis points to be specific there. 3446 the last level for the s p 500. If you take a look at so
Through 1. 55 , is back at 1. 56 . The dollar continues to strengthen as well. We are very close to the 100 mark for the dollar index. The your a particular the euro a particular feature of that. Story. Ple the big hsbc also worth focusing on, down by 6 today. The new strategy doesnt seem to be finding favor with investors. It is around 28 points off the ftse 100. Gives you idea of the skate and weight and of the of hsbc. Coronavirus certainly present when it comes to the coronavirus story. 1. 07 handle we had a one dollar zero seven cents level we had a 1. 07 level if you minutes ago. Vonnie apple saying work is starting to resume around china, but experiencing a slower to normal return a slower return to normal condition than expected. For more, we are joined by steven milunovich, Wolfe Research managing director, over the phone. Almost 50 of factory workers are not at work in china, so this statement, even though it came from apple and is providing a drag on stocks today, could almo
Watching r. T. International live from moscow studio with me in a day or two to welcome to the program is more than five months since iraqs second largest city was liberated from Islamic State and mosul now faces a long road to recovery and its latest report from the city morocco reveals the grim reality of life in the ruins. There are things you have to see to believe mosul is such a place the old city of mosul is by any measure a dead and miserable place more rubble than buildings and even that mixed with unexploded bombs and decaying bodies at the spite these people are coming back to live here and low self and not out of choice all the time to. Pick up a. Piece of. Good have any. And to be any of us all when in which. To do it and money. The u. S. Led coalition spent all in all more than a hundred thousand dollars strike hundreds and hundreds just in mosul the money required for just a few airstrikes could feed all the civilians in old mosul for months but no one has sent anything
Impressed. The index at a threeyear high. Kong, 4 00 a. M. In london. By where it is 8 00 a. M. , welcome to Bloomberg Markets middle east. What are you looking at today . Asia, globale in investors taking a closer look at i it is weakening and there is a lot of volatility when it comes to the yuan. Jump into my bloomberg and see what i mean. Exchange, it stock has surged to a record in november. As you can recall, it has been a wild month for global markets, ofecially after the surprise some of president elect donald are lookingvestors for production. Check out what has been happening this month. Here asreally surging investors scurry for protection. We are just under two marketsay from emirates in dubai. Lets take a quick check of how they closed across the region yesterday. A mixed bag. Dubai, one of the biggest gainers,. 7. We are doing a quick check of markets open in asia. Mumbai trading for almost 20 minutes now. You can see, it is a mixed picture across the board. We are seeing
Government surveillance are expected together on the 12th anniversary of the patriot act. That is where we let to begin with you. Where we want to begin with you. With european leaders calling for new restrictions on such actions, we are opening up our phone lines to you this morning. How concerned should america be about the government spying on foreign allies and partners . That is our question for you. Republicans can call at 202585 3881. 3880. Rats, 202585 882. Pendents, 2025853 you can also catch us on your favorite social media, twitter and facebook. Or you can email us at journal cspan. Org. That story on u. S. Spying on its allies, revelations about the u. S. Listening in on phone conversations of World Leaders. Are some papers from around the world, the front page of the Guardian Newspaper shows german canceler german chancellor angulo Merkel Angela merkel. Here is a german newspaper talking about the nsa efforts. That is angulo Merkel Angela merkel and some of the folk she ha