Is premiership looking close to imploding and it firings, resignations, and allegations of bullying in the House of Commons. Tessa shares slide after hours as the company reports says short of Wall Street's estimates citing delivery and production bottlenecks put in a Musk promises an epic end of the year. And a national bank of Kuwait beats on third quarter net income with a foot 5% year on year gain. We speak this hour to the deputy CEO. Just got any of them across the other time using Mena Dina Dubai. And I'm an Israeli red alongside you. The Sex Pistols had anarchy in the UK. I didn't listen to that. I did. There's anarchy. There's political chaos chassis is the Irish word in the UK. The pine is taking the brunt of what is literally anarchy in the Tory party, a new Home Secretary who lobbies actively against Liz trusts the prime minister. The chief resigned, no she didn't. She still let labor saw members being physically manhandled in the House of Commons. What do you do with a pine? Do you think that it goes down? Do you think the Bank of England rate hikes will save you the hedge you say great hill capital in New York in the next one to three years, this currency will rally, but in the meantime, it is as chaotic as it was under George Soros tenure to break the point. Now, what's going to happen in terms of who takes the strain of anarchy in the political landscape? Will it be the bond market, which has yet to open to this cacophony of catastrophe and misgiving in the Palace of Westminster. So the Bank of England at the long end, of course, doesn't intervene. They're not selling long dead at guilt. We're back below 4%. But here we are at the mid part of the curve. How will the bond market react to the political chaos and crisis? That is evident for everybody to see. The question is, does the bond market pay the price? I take it from the drama in the UK to stocks that slum them into spike and bond yields, not even bright spots and earnings, including Netflix, was able to move the needle here. You have a note out from Morgan Stanley, they're calling the rally earlier this week. A roller coaster to nowhere, a very impatient market. They want 2022 losses to be done with. But the reality is when you look at the third quarter earnings, you saw a lot of tailwind from the previous part of the year, so you don't get a true picture of some of the depths of the pain that should be out there. In the meantime, I want to get to the Tesla earnings in a bit more detail because third quarter revenue rose to $21.5 billion compared with analyst projections of 22.1 billion. So that is a slight miss. They cited delivery and production bottlenecks. They're seeing some easing of components shortages though. A key headline from his statement, knock on wood. It looks like we'll have an epic end of year. I mean, shares did fall dramatically post market down as much as 5%. You have to climb 37% so far this year. I want to check in on the energy markets as well. Not a day goes by without some new update. This time, again, the U.S. president Joe Biden scolding some of the U.S. companies are saying, don't pay out dividends. Don't buy back shares. This is a time where you need to rally with the rest of the country in terms of pushing back against Ukraine. And so he expects them to move into line. The U.S. also has only 25 days of diesel supplies left. It's a real headache for this administration as we count down to the midterms. Let's check in on the first word headlines now in a bit to actually first we go to Juliet solly for the markets updates in Asia, Jules. Hey, Joseph, what we are down again today. In fact, we've only had two sessions of gains in the past ten in Asia. We're watching very closely as well what's been happening in those tech players in Hong Kong in the last ten minutes or so, some breaking news that China is holding emergency talks with chip firms after those U.S. curbs so we'll watch the movement in the hang seng tech index, which was already down by about three and a half percent heading into the lunch break in the afternoon session too, but more broadly it is those tech players weighing on the overall hang seng index two. It is set for its lowest close since 2009 a drop there of two and a half percent to we've also seen more pressure coming through from the Aussie dollar, a bit of validation from the abbe's smaller rate hike, though given that we only saw about 900 jobs created in the economy versus a forecast of 25,000. And of course we remain on intervention watch with the dollar strengthening against the yandere and getting very close to one 50. Let's have a look as well at what we're seeing with Japanese yields because again we saw the testing patients of that .25% target that the BOJ is comfortable with. And that triggered an unscheduled bond buying operation, the BOJ now planning to buy $1.7 billion of bonds ranging from 5 years to longer dated debt and has separately offered to purchase an unlimited quantity of ten year notes at a yield of .25%. So on that yen intervention watch and of course watching those yields ratchet high there to yourself. Yeah, more momentum in some of these bond markets. Jules, thank you for highlighting that. That's truly a solid. They will check back in with you later on in the show. Let's get to the St. Louis fed president James bullard because he says he sees an end to the front loading of aggressive hikes by early next year and a shift to keeping policy restrictive with small adjustments as inflation cools. A word data dependent and we're watching the data, I think we're predicting, or at least the dot plot is predicting that inflation will come down. It will be a disinflationary year in 2023. The median dots do call for further moves in 2023. So if you take that as the committee sentiment, there could be a decision to move that into 2022 at the December meeting