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July 16, 2024
We are seeing a little bit of a lift. 0. 8 . G some a lot of that has to do with a little bit of optimism when it comes to trade news. We know the conversations are ongoing. I am looking at the u. S. 10year yield. 1. 6 after a big week. Lower negative rates in europe. We will have a look at 10year yields. We will ask ourselves what the inversion meant. Oil, 55. 52. Oil rising after we had this drone attack at Oil Gas Facilities once again underscoring some of the fragility of that region. Coming...
June 28, 2024
And russia yesterday deciding to extend the production cuts and the iaea saying the demand outlook is slightly downgraded on lower first half estimates. Non opec increased in 600,000 barrels per day. You can see brent is up on the back of that, 52. 19. It was around 51. 7 when i looked at that. Oil is climbing a little bit more. Reminder yesterday, we found out audi plan to extend production cuts for another six months. Watch oil. We will bring you those trump headlines. That is giving a nice ri...
June 28, 2024
Im Francine Lacqua b the finishill talk to centralbank. Were looking forward to what they make of the latest with President Trump. Of course, President Trump shows here next thursday for t meeting. Mark . Mark the stoxx 600, a little bit lower. It is all about trump today. Which we will discuss in detail. Dollar. Up against the certainly a flight of safety today, benefiting the yen and euro. It is benefiting core government bonds. Yields declining. The german 10 year, 40 basis points, down by th...
June 28, 2024
If you happen to be watching from the u. S. It is a bank holiday in the u. K. , too. Chinese markets are closed as well. The stoxx 600, pretty flat there, bearing all that in mind. The dollaryen, pretty unchanged at 111. 31. We did see a little strength earlier after those comments from John Williams. Cable is up. 2 . That has been moving fairly strongly ahead of the u. K. Election and a sterling did have its worst week this year last week. And keep your eyes on the 10 year italian yield. It loo...
June 23, 2024
Francine a little less good than expected. Tom you saw it in japan as well. One of the themes is the commodity data, showing the same gentle it is all gentle, quiet. Francine until it is not gentle anymore. Tom exactly. That is where we are right now. All in all, commodities. Francine looking forward to it. Lets get to the first word. The author is now on the table for the beer deal. Buying sab miller, giving them control of more than one fourth of the beer market. The weight was cleared for the...
June 23, 2024
This is all about economics and politics and hockey. Wilsey. To r days is enough its been an interesting year for the markets. People have four days to get their accounts in order. Lets take our look news from vonnie quinn. Iraqi soldiers have recaptured the government complex that had been held by Islamic State since may. They were help u. S. And coalition aircraft. David cameron will visit communities in the northern part of the country that were hid by flooding. People been evacuated. The mil...
June 21, 2024
A missile hit on the plane. At the same time, russian saysdent Vladimir Putin the ukraine government bears ultimate response ability. All 298 people aboard the boeing 777 were killed. In the middle east, Israeli Forces launched their biggest military operation inside the gaza strip in five years. Tanks and troops are trying to stop palestinian missile attacks on israel. Initial reports indicate that 20 palestinians and one israeli have been killed. Israel says it is targeting terrorist infrastru...
June 21, 2024
President obama said there are larger issues to be resolved and they wont be fixed by throwing bottles or breaking car windows. He spoke last night. The situation in ferguson speaks to broader challenges that we still face as a nation. The fact is, in too many parts of this country, a deep distrust exists between what enforcement and communities of color. According to prosecutors, the most credible witnesses told the grand jury the teenager Michael Brown charged that the Police Officer just befo...
June 21, 2024
The new greek government complained that it was not consulted about the possible new sanctions. It is decision day for the fed. The fomc releases in new statement today. Policymakers are pledging to be patient on the timing of rate increases. Im going to use a tom word. Another stunning quarter for apple. The Company Posted a 30 jump in revenue to 74. 6 billion. Here is ceo tim cook on a Conference Call. Interest in apple products is at an alltime high, with over half a billion customer visits t...
June 20, 2024
Deadline to sign up for the Affordable Care act. Also opening day for major league baseball. Turbine four opening days because youre the dodgers play the diamondbacks in australia. April 10 is openingday. They, by train and car. Back in the day. From florida. Is that like pennsylvania 65000 . Were going back a few. What if we got here . Data check. Boring first quarter, but sometimes i can be good. Futures up 7. Hydrocarbons elevated. They just wont go down. Ruble, foreignexchange, the dow not b...