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June 30, 2024
It is a broadly weaker dollar story but it is by stocks, sell bonds. Yields move higher by two basis points. Crude up by 1 despite the fact that opec again upgrades its not opec supply forecast for 2018. Checking in your safety traits, you get a feel for the market is. Dollar lower. That is one of the changes. You wind up having a selloff over europe. The vix a little study. David it is time for the morning brief. At 8 00, the white house is going to be releasing an intersection plan. At 11 30, ...
June 30, 2024
Surveillance. What a week we had on the markets last week. This is the tension as we get onto monday. This is what im looking at in terms of stocks. They are gaining some 1. 6 . We are also seeing futures in the u. S. Pointing to a higher open. Things can reverse quite quickly and change quite quickly. Downan see the vix index some 10 and eurodollar, 1. 2276. If there is an infection beyond equities and the vix, it would be in credit markets. Also coming up, we talk markets and last weeks correc...
June 30, 2024
This how does donald trump react to this its a no the insinuation that somehow the russians helped him in his election victory how does it we spawn does he say nothing can he do anything to come out of this still with some credibility. Well i think i think he needs to say show me the proof what have you got that shows that there was something that changed the outcome of the election but nobody seems to be suggesting i want either side the outcome of the election was changed if the outcome of the...
June 30, 2024
Im Francine Lacqua here in london. We saw a huge plunge in the markets overnight in the u. S. We saw quite a lot of pressure on the nikkei. 1. 6 . 600 now down i will show you a chart of the stoxx 600 in a second, you will 3 , downit was down 4 , and now it is kind of stabilizing at down 1. 6 . 37 can see the vix index. 32, now we have not seen that level for a while. Eems to be finding we focus on the selloff with the chief Investment Officer. We discuss oil prices in our interview with the ceo...
June 30, 2024
Surveillance. In the and the european session has not come through to the asian session. We got the s p futures firmly in the negative territory. We have seen the s p futures on the back foot. Interesting to see what has been happening in the currency market. A lot of yen strength in the market. The dollar is down against the japanese currency. We heard from the japanese Prime Minister, he had some words to say about who is going to run the bank of japan. There has been lots of reports about Cor...
June 29, 2024
But Bernie Sanders. China its a huge day around the world and Varney Company is go to begin. A lot of tension and happening around the world thatc1 a lot of tension and happening around the world that will influence your income your 401 k and a lot of other things like commodities and on that note lets take a look at oil. Down more than 10 , were less than a week into the month and dothing again after being up a little earlier today a lot of news coming out of iran that could make that go lower ...
June 29, 2024
Capital all coming to you less than 30 minutes from now. Between now and then we have news to bring you. Here are the top business headlines. I knew a. 2 stake in a natural gas company. Carl icahn a wellknown activist thinks this Companies Shares are undervalued. He wants talks with Company Management and might seek board seats. Shares are down 8 this year but in the premarket up 5 on the strength of this new stake taken by carl icahn. A new discount website is reportedly getting the Cold Should...
June 29, 2024
About the selloff in treasuries. One of the underperformers in germany 50 basis points. We made it. David we will get a range of u. S. Economic data at 8 30 a. M. Eastern time, including core pce and Second Quarter gdp. The Kansas City Fed president at 9 45 this morning. Will speake chairman 15 minutes later at a conference in london. At 1 00 this afternoon, the u. S. Treasury will sell off 28 billion in 10 year notes. Emma President Donald Trump kicked up his campaign to cut tax rates for corpo...
June 28, 2024
Dax is off by a half percentage point. The cac is off by 0. 4 the ftse relatively flat but still down finally look at crude oil prices crude was up by 2 yesterday in the market trading, but it dropped significantly after hours after there was a big increase in api crude inventories. That came as a surprise. This morning things are down by 13 cents heres some of the other big stories. Jury selection in the trial of Martin Shkreli will enter its third day today. Its not going well. Some potential ...
June 28, 2024
Welcome to Worldwide Exchange on cnbc. I am sarah ice en. Imt wilfred frost good to see you back with one piece after that crazy bike ride. Indeed. It was savage to be honest well worth it. We raised 480,000 pounds a big thank you to everyone that backed us. Good to be back. You had relaxation on the back end. The holiday part afterwards was great. Glad to have you back lets get to the markets after a bumpy week for stocks last week. It was volatile, ended the session and week flat. Futures look...