owner says he believes it could be a new currency he's also by the way the international intercontinental exchange is that i see exchange but. in terms of this becoming a global currency i think it makes so much sense in terms of how we've lost our way we have all these trade wars. that's i think a more violent way to resolve a situation where the likes of germany and china have massive massive trade surpluses and the united states has a massive deficit the united states because it's a nation and yet the globe uses its currency it has to run a deficit so we'll always run a deficit which means that it will bleed wealth creating jobs it will bleed all those the heartland of manufacturing and then we we lead to a situation like today where we have like a mass meltdown in the in the partisanship that hysteria across how the people don't trust each other nobody everybody hates each other and it's partly to do with this huge trade deficit and the nature of our global financial system which has you know an resolved without resorting to either going back to a gold standard for global trade or because all

and five thousand respectively and a third aspiring player in crypto currency is the intercontinental exchange owner of the new york stock exchange and ice futures u.s. that ice future europe is making some expected moves they will find themselves in the cryptocurrency related products market here soon here discuss kryptos of more as christiane of counterparty act krypto there has been this thank you for being here thank you so we know there's been this great competition between cboe and c m e but give us a little bit history of how are they both doing now we reported those volume numbers but what are they doing to try to get ahead of each others yes so c.b.o.t. and c.m.e. group both launch their big point futures derivatives markets last year in december at approximately the same time so their values have been quite some march and april this year when see any group started to pull ahead of the market so because of that both of these exchanges right now are under tremendous pressure to gain traction because it is very rare for the sip for very similar futures products to thrive in more than on

and generates about twenty eight billion dollars in taxes however the intercontinental exchange shows that coffee futures have dropped in recent years in november two thousand and sixteen futures were being bought at over one hundred ninety dollars but today prices are down to only one hundred six dollars and seventy cents but those numbers don't seem to be slowing business that coffee shops i buy two cups of coffee a day that's what you need it like to function it's also become like a social thing according to reports tim horton's coffee house takes first place as the largest coffee chain in the world with an annual turnover of more than three point two billion dollars more than four thousand copy chains worldwide and has more than one hundred thousand employees other popular coffee chains like starbucks and dunkin donuts taking the eighth and ninth spot and that is one of the driving factors that i demand. and according to a recent report around ten percent of hers or their cup of joe on their smartphone and then you can have your coffee within minutes reporting it be your turn to b

hopefully it doesn't happen on the intercontinental exchange and i.c.e. ouncing a new digital assets from today. the parent of the new york stock exchange and also announced a bitcoin futures product that is expected to launch in november. his is a platform called back to as an bak kt and will use microsoft cloud to build an open and supposedly regulated ecosystem for digital assets. hopes to create new protocols for managing specific security requirements for crypto spirit against bitcoin a little more legitimate the big right now bitcoin is at 7400 a coin and remember it had been 19000 back in december. while some think it will be able to replace us dollar we got this ubs report that says otherwise. according to the report bitcoin needs to hit a price of nearly 200 thousand and $13 to replace the us money supply, not just that but bitcoin network would also need to greatly improve to handle the volume payment companies currently deal with. there you go. let's take a quick look at the stock market right now. stretch it out. the dow just popped into positi

owner says he believes it could be a new currency he's also by the way the international intercontinental exchange is that i see exchange but. in terms of this becoming a global currency i think it makes so much sense in terms of how we've lost our way we have all these trade wars. that's i think a more violent way to resolve a situation where the likes of germany and china have massive massive trade surpluses and the united states has a massive deficit the united states because it's a nation and yet the globe uses its currency it has to run a deficit so will always run a deficit which means that it will bleed wealth creating jobs it will bleed all those the heartland of manufacturing and then we will lead to a situation like today where we have like a mass meltdown in the in the partisanship that hysteria across how the people don't trust each other nobody everybody hates each other and it's partly to do with this huge trade deficit and the nature of our global financial system which has you know an resolved without resorting to either going back to a gold standard for global trade or because wel

and generates about twenty eight billion dollars in taxes however the intercontinental exchange shows that coffee futures have dropped in recent years in november two thousand and sixteen futures were being bought at over one hundred ninety dollars but today prices are down to only one hundred six dollars and seventy cents but those numbers don't seem to be slowing business that coffee shops by two cups of coffee a day but you need it like to function it's also become like a social thing according to reports tim horton's coffee house takes first place as the largest coffee chain in the world with an annual turnover of more than three point two billion dollars more than four thousand coffee chains worldwide and has more than one hundred thousand employees other popular coffee chains like starbucks and dunkin donuts taking the eighth and ninth spot and that is one of the driving factors that i'm demand. and according to a recent report around ten percent of hers or their cup of joe on their smartphone and then you can have your coffee within minutes reporting every your turn to be chave

intercontinental reported revenue for the first half that met estimates. we will go straight to the london stock exchangend speak to the ceo. calmedsults, keith, nerves in the sector after big drops in the stock yesterday. why do you think people were so nervous? one reason that i have to be what to reason do they have to be optimistic now? >> revenue is up and the number of hotel rooms up 4.1%. that combined for underlying profit growth of 8%. that gives us confidence to raise our interim dividend by 10%. a really strong performance under pen acceleration of our signings of new hotel rooms around the world. about 46% year-over-year supported by strategic initiatives we announced to become more efficient as a business, to drive investment behind launching new brands. like the boko hotel brand in europe and the region hotel brand in the luxury space. a lot of confidence around the first half and going forward. the issue indress the united states? we had morgan stanley on the 25th of july, it said the downside risks facing you may be augmenting and u.s. growth may have peaked. has u.s. growth peaked? >> we