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Kospi in south korea was up by 1 1 3 shanghai index ended slightly higher as well this morning in europe in some of the early trading weve already seen, again, the green arrows continue there, too the dax is up by over half a percentage point the cac in france up by 4 ftse is up by. 3 of a percent. Check out crude oil prices which were up sharply last week. We saw oil close above 50 for the first time in over a month a gain of 2. 50 over the course of the week. This morning down by 2 cents to 49. 87 currency, dollar was also stronger after coming under pressure in recent months but the dollar index was stronger. Dollar down against the euro at 119. 5. Up against the yen, 111. 29. Record night of emmy awards. Handmaids tale. Took home the top prize. The cast of veep took home the best comedy. Saturday night live came out on top it won nine awards hbo won the most awards of any network. Big little lies helped secure that record. Hbo held off netflix yet again winning 29 total emmys compa ....
Particularly hard. At t points out their phone start, the turn is lower they are going to get their numbers. And everybody is trying to move to some of these issues i would say it was more media, but it is all the same, i guess. Telecom and media are the same now. Tmt. Thank you tmt. New network . No. Lets take a look at what happened overnight in asia you saw the japanese stocks this week have been sitting at new records just about every day that continues once again today with the nikkei up another 200 points this is now putting the nikkei at its highest close since september of 1996. 21,155 hang seng slightly higher. So was the shanghai composite yesterday. And in some of the morning trading we are already seeing, in europe youre going to see as we wait things are up for the most part. Looks like the ftse is down by. 20 right now. But these are modest advances from the other markets take a look at what is happening with crude oil prices. Yesterday crude oil settled down by 1. 4 . It ....
Pullback, joe, in what were seeing with the equity market. In a cases biggest decline in a month. We led in with carl saying that all three of the major averages have not closed down 1 . Yep. In a while. Now were threatening to do that today. Zoo fully and fairly valued. Weve said thats where the market is. The right thing to be doing right now is to look at petes world, look at options right now. Theyre incredibly cheap. Put the protection on. I might have bought some russell index puts because i do believe when you look at the marketplace right now, we forget the narrative of the political conversation from this weekend, and we go back to last week, says and you see a currency of a major country, a major economy that has the kind of crash that it did. You have to question if we had a liquidity issue for all asset prices in a correction, and i think the answer to that, scott, potentially is you have to worry about electric widty on the down side here. To your point, if the u. S. Dolla ....
Scorcher of a session. Instead, the market itself got scorched. Dow dropped 196 points. S p falling. 93 . Thanks to concerns, some say justifiable concerns, over the solvency of Deutsche Bank, the largest bank in germany. These concerns had ripple effects all around the globe. Whenever we start worrying about theres always going to be negative pin action. The stock is down again today. Its going to play out, and none of them is good. People will fear this huge banks problems will spill over to others as banks are always lending each other money, and theres a presumption that you shouldnt be lending any money to Deutsche Bank right now because maybe you wont get paid when you look at the bank collapses from the recent financial crisis, they were caused not by classic bank runs that depositors are pulling out all their cash, but because their credit was cut off by other large ins ....
Instead, the market itself got scorched. Dow dropped 196 points. S p falling. 93 . Thanks to concerns, some say justifiable concerns, over the solvency of Deutsche Bank, the largest bank in germany. These concerns had ripple effects all around the globe. Whenever we start worrying about the solvency of any bank, the stock is down again today. Its going to play out, and none of them is good. People will fear this huge banks problems will spill over to others as banks are always lending each other money, and theres a presumption that you shouldnt be lending any money to Deutsche Bank right now because maybe you wont get paid when you look at the bank collapses from the recent financial crisis, they were caused not by classic bank runs that depositors are pulling out all their cash, but because their credit was cut off by other large institutions. We heard there were news reports ....