antonio pascual.next, we talk south africa and south africa's second finance minister in just four days. jacob zuma changes his mind and we look at what the future holds for south africa's economy. this is jacob zuma vowing to invest into market pressure, but if you look at some of the top moves today, there is confidence around the world that is surging with stocks, bonds are also arriving. the rand strengthened so much it was as much a 6.5%, the most since october, 2008. follow me on twitter. ♪ francine: >> what elected post. i'm francine lacqua. let's get to bloomberg first word news. >> the latest data out of china stabilization causing a clearing hurdle for the federal reserve this week. bloomberg's gdp tracker in china rose to 6.5% estimated growth rate for november, the best reading since june. meanwhile, investable -- all figures exceeded forecast. meanwhile, the yuan has fallen to a four-year low after the people's bank of china sets the -- said the currency shouldn't be set against the dolla

caroline: antonio garcia pascual, lovely to have you on the program.etty, let's take it back to u.s. equities. opened with a pretty nice rebound and continued to climb but just within the last half hour or so, we pretty much lost all of our gains. the nasdaq has held on the best. i want to get to abigail doolittle live with more. : let's take a look at two winners. , tradingo technologies nicely after rbc upgraded the stock to topic from outperform. rbc sees abaco is a top core holding for 2016 and thinks holdings could grow by more than 60% for 2018. the newest price target of 170 suggests the stock may climb higher by about 20%. another winner is alphabet, shares are trading harder -- higher. betty: abigail, thank you. abigail doolittle live at the nasdaq. coming up, it is the battle of the charts. caroline: this is my debut, betty. i understand i will be taking on none other than drinking really -- brendan greeley. we are going to be talking about it next. i have a chart showing how oil affects at the next. ♪ betty: live from new york and london, th