The gulf, there wont be kuwaiti oil there, iraqi oil there, well there wont be this oil, but where else is there oil . Suffers, so the point is that how to deliver it . Did they deliver oil . I dont understand what hes going through, i think we have pipes laid there, no, were not compensating for the volumes for the usa, the main task is today now, friends, kiri, now. After all on today europe is strangled in its arms, but in the end, it can be finished off to the end and let it float freely , let it decide what to do, yes, because High Oil Prices will finish off europe first, everyone else will survive, that is we could benefit greatly from this, but they wont give us much, china will suffer a little, but china will naturally emerge with our help, but in europe there is nowhere to go, well, that means we will have to, as one american politician said, in the end europe must pay the interest according to the marshals plan, its high time, after all, what are they allowing themselves to d
Bitcoin is also said to be in a bubble. The price has gone up 20 fold. Betty forget about the equity markets and bond markets, which is going to be focused on bitcoin, right . That is the big distraction for traders right now. Bitcoin futures are for the first time trading on the cboe global index them a big milestone for the financial markets. I dont see a whole lot of movement at this point. Be an appears perhaps to opening price, but i cant confirm that right now. We are watching as these traits start coming in. , brokersthe traders are saying dont expect huge movements. This may be a slow burn coming thewhere we finally for first time, have these derivatives traded on bitcoin. Yvonne it could be a welcome slow burn given the volatility in bitcoin for much of this year. Levoss mentioned, the wink twins banking on this, they are saying it could have 24 growth in the future. Morehat it has become mainstream, it could provide perhaps more stability in cryptocurrency. On the other hand,
It is 9 00 in hong kong. Foroin, a watershed moment this crypto currency. Futures trading in chicago over the last hour so, and a little bit of volatility when it comes cboe website crashing. This is a pretty significant milestone in terms of this currency or commodity to get mainstream appeal and credibility. We will talk about that later on. We are looking at Central Banks this week. It is a big week when it comes to policy. 15 Central Banks globally, including the fed. Wirp onp the the bloomberg. This is likely to be the third and last of Janet Yellens rate hikes as she exits this role. Dotquestion is whether the is likely to change given a new fed chair. We are 30 minutes away from the open in china and hong kong. David is looking at the markets for us. Im looking at this note saying strap in. We are getting ready for the steepest rate hikes in 11 years. Haidi that is what they are saying. David the bond markets are saying the complete opposite. Has threefor rate hikes on top of de
And abandons the goal of eliminating the deficit within 10 years. Goldman sachs says the fed will hike four times this year. Party isicas ruling set to tell president zuma to quit after he refuses to resign voluntarily. They hold a key News Conference later today. Matt we are less than a half hour away from the european open. Lets take a look at what futures look like here in europe. We saw gainsafter in u. S. Stocks for two days in a row. We saw gains in asian stocks as well. Down have european futures we see a negative open for everybody except for the ftse. , they have gone up another coming back down. 2. 8385. You can get a sense of where weve been. On friday, backup yesterday, and down today. Hanging in that range for just about the last week. Maybe the fears are unfounded that yields will spike up to 3 or higher. We wrote the headline that europe was going to open higher but only just about four minutes ago so european futures on the turn as we speak. Lower but only just, seems t
Can she break the deadlock . Pushing crude Prices Higher. Of the impact be shortlived . Matt. Matt we are half hour away from the kickoff. Hear what we see is very little direction in terms of what the european indexes are doing, the ibex futures are not moving much at all. , itspread, i will tell you is close to nothing between bunds veryds and interesting chart. I have a three day look. To move on start friday. There is the move down we saw on friday. Right now trading at 0. 40 . Down arting to move result of what we had over the weekend, the austrian vote in the catalonia new desk catalonia and move. Guy the legacy coming out of asia is fairly solid. That is something to Pay Attention to. The aussie market is pretty strong. 5 . Ikkei up by here is the euro trading at session lows. The eurodollar trading at 117. 19. The story surrounding what is happening in spain. As we are going to talk about, it was meant to be a yes or no pits spain said, any ambiguous response, we will take as a