Qualcomm a downgrade at Morgan Stanley saying basically the underpricing has gone away, that qualcomm is pretty well priced at this point. Walgreens is a interesting one because there may be a bid out there according to people familiar. Walgreens is getting a bit and barons over the weekend mentioned Warren Buffett. Todays story were reporting is k. K. R. Will make a bid for walgreens. Guy alibaba set a single day cord, its a value record of 268. 4 billion yuan hitting the bloomberg terminal the last couple minutes. Showing you what European Markets look like, light volume on the other side of the atlantic due to veterans day, bond market closed and European Market is flat and the london market is down but pound is up. 7 . If you look whats happening with the havens, vonnie, gold trading down by. 6 of 1 . Vonnie protests in hong kong intensifying as Police Fire Tear gas after the shooting of a protester increased tensions. Carrie lam addressed protesters saying violence could leave hon
13,000, taking it down 20 in the last 24 hours. And 128 nations vote against the u. S. In the u. N. General assembly calling for washington to reverse its recognition of jerusalem as israels capital, further infuriating the white house. The United States will remember this day in which it was singled out for attack in the General Assembly for the very act of exercising our right as a sovereign nation. Good morning its friday. The last friday before christmas. We have a busy show. Lets get cracking and look at how markets have done overnight. Yesterdays sessions saw new gains in all three indices, all broke their losing streak on news that some companies will be using the tax bill savings on higher wages asian markets also closed mostly higher on the last day of trade before christmas the picture in europe is dominated by all of the news that is coming out of catalonia. The election there showed a big win for Pro Independence parties. Lets see what the picture is like for a european ind
There is too much towards the top of the market and not towards what some people call the real economy. Anna a very warm welcome to countdown everybody. I am anna edwards. Manus i am manus cranny. You had in the headline. Over they in the u. S. Past five days up by 50 . In europe, up 19 . A wonderful story on the bloomberg. It is called misery, not talking about me. [laughter] misery loves a companion. Have a look at this. It really does tell i suppose a phenomenal story about asset class correlation. Lets have a look at the full screen, dollar for us. Oil a big culprit. Gold down 22 out of 24 of the developed markets. They are indeed done, in terms of the equity market. There is the risk radar in terms of our perspective this morning. Anna msci emerging markets down 3 , misery loves company. Nowhere to hide. But how you like. Manus i love that. Anna are things turning around . Do things look different as we go towards todays trading day u. S. Future pointing . To a stronger opening. A