and the take of ivan glasenberg. hong kong starts a new trial under his new national security law, raising questions about the city's independence and its future. anise, good morning to you. i have to say, whenever i come in -- manus, good morning. one of the ways i gauge is what is gaunt -- gauge what is going on is the plethora of notes i get. we are talking about it coin. what a wild ride went on yesterday, falling 10%, gaining 10%. it's the fifth time it has happened this year. it is not unusual to see that kind of volatility. manus: it is gut wrenching, and it's whether you've got the wherewithal to stomach it, scott minerd says it could trade down $20,000 but there is a longer-term story. he said i still prefer bitcoin to gold. of course these people are talking their book, and it's fair enough, everybody's got a book to talk. i've been obsessed with jeremy grantham at the moment. he says it coin is an asset with the nasdaq bubble. get ready for this. meme investors, it's called nihilistic investing. i know the

we bring you our conversation with glencore ceo ivan glasenberg. the u.k. and eu are close to striking a open. later of course in singapore, mark is with us to tell us what the markets are saying. mark: it is the most stable and balanced day we have seen since the fed meeting last week. a real roller coaster across assets. a lot of confusion. we are now settling down to a new kind of equilibrium. it has been marginally positive overall. powell came out dovish last night as anticipated. maybe less so than people were hoping which is why we are seeing yields a little bit higher today. overall, markets are happy coming to terms with the message we got from the fed. anna: it has taken a week for us to go through the process is record -- required. let's look where we are on futures right now. through yesterday's session or to the end of yesterday's session, the european market making gains. futures suggest stability. european futures look flat. u.s. futures up by 0.3% on various u.s. equity markets. powell giving key messages. hitting the points you expected him