Ultimatum, saying surrender or a military assault will begin on your capital. U. S. President elect, joe biden, announcing some major cabinet nominees for the top diplomatic post, secretary of state, he has picked antony blinken, who is deputy secretary of state under president obama. He also has a French Connection he went to high school in paris and speaks the language fluently. Another notable nominee, former secretary of state, john kerry, has been chosen to lead the effort to combat climate change. For more on how biden is filling out his National Security and Foreign Policy teams, lets bring in our washington correspondent. Tell us more about the pix biden made today. Reporter there are two words at describe these six pix. One is diversity and the second is expertise. Diversity because there are, as a first in these cabinet picks, if these people are confirmed, starting with errol haynes, who will become the first woman director of National Intelligence if she is to be confirmed.
India italy locking down the whole country. Lets get straight over to the markets now, we are joined by Sarah Ponczek. One of the one of the highlights . Helling say the the selling has not stopped. Saw a limitafter we down in futures yesterday, we and at the same time we have new zealand coming on, getting closer and closer, well below the 200 Day Moving Average which served as support earlier on. At the same time, we have seen dollaryen moving closer and now the yen is trading at the highest level. Prior to the president ial election in the United States, and also, the vti crude oil extending losses again after the worst day since the 1991 we have seen absolutely massive moves. Day, we didf the close down 7. 6 and if you look at the different barometers, we have seen massive moves. The average move over the last eight trading days has been 3. 7 , that is the largest going back to 2008, so to put into context the amount of volatility we have seen, the vix also at [indiscernible] lets
Division. At 114 per pound. Not much really you can say. Euro sox reversing. Euro stocks reversing stop euro stocks reversing. Won, ok as far as these are concerned. Korea, crash landing on you. It is amazing how the 10 year right now. Years. Level in 18 7 . T crude down 23 . About rakinglking below 60. Mark, help us put sense into what is happening. Things we were talking about is the process of exposure. N reducing the have been looking at some hard numbers and just in the last three days, bonds and equities are out. Open interest has fallen to the equivalent of 150 billion in the futures market only gives you a snapshot. Withve derivative market 150 billion multiplied several times. That gives you an idea of how much had been going on just in the last few days. That is partly why we are seeing this incredible movement. These movements will add to that picture as well so you can see the move towards cash is really ever. As a Silver Lining here . When i look at crazy price action, alm
This friday right now. Good morning, im dominic chu in for Brian Sullivan it is friday, december 13, 2019. Happy friday the 13th. After a record breaking day on wall street. The dow closing off the highs after hitting the 16th interday high, the s p coming off the second high record close it would go up another 11 points if if holds. Dow would go up by 112 and the nasdaq by 35 we are seeing some signs of life the 10year note yield just below 1. 89 . Twoyear yields 1. 64 . Around the world, asia following that lead on trade it was green across the board. The any kay up 2. 5 . Hang seng similar. Shanghai up nearly 2 and kospi up 1. 5 as well. In europe, it is green there as well stocks are surging on the heels of trade developments, what is happening with the uk. The german dax up, cac similar the ftse 1001. 5 up as well. The british pound spiking to the highest level since 2018 you can see here that spike higher in those particular currencies up 2 , 1. 3409 is what it will cost you to b
You live interrupted cambridge in the house of representatives on ktvu plus. Also, Alyssa Harrington will give us a full report of what to expect today in just a couple of moments. Will talk about some weather changes. It was noticeably not as cool, i almost said warmer, but we are not quite warm yet. It is different than yesterday. More so on the weekend. Thank you. We did have a little drizzle right light rain, looks like it is about done. There has been some in mendocino and lake county. Next tuesday to friday is dream force in San Francisco. No rain please, maybe tuesday night and wednesday morning. After that it will go south, it might be windy and cooler, but i would not cancel any plans or anything. The rain looks to be pretty light. They will be some living in but projections are for Southern California to go way ahead if this verifies. It is going to tap into more moisture down there. This is for next week, wednesday thursday and friday. Las vegas, los angeles, Santa Barbara s