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July 16, 2024
Awaits me tomorrow into next week. It will be interesting. We are dealing with it here on surveillance. Day monday in america, and its a very late labor day. Maybe the calendar year starts september 14 for the business year. We start strong with our first word news in new york city. Ritika the timing may raise some eyebrows. The cdc is saying that a Coronavirus Vaccine could be ready by november 1, two days before the president ial election and an aggressive goal that would require reviews by th...
July 16, 2024
Some have moderated a little. We trade at 68 59. Gold went above 1600 an ounce. We come off the high a ten year yield did get to a 170 breaking a trend line that weve been in since september but now down to two basis points on a 180 handle on that. Looking at dollar yen though that comes off a little bit. Unchanged there on that currency pay. European equities in the red but a reasonably muted move also what were seeing in u. S. Future. One point we saw it drop as much as 1. 7 but we recouped om...
July 16, 2024
The broader context is that Global Equities are headed for a third month of gains, so a fair amount of optimism priced in in terms of the prospects of a deal. Stock and bond markets were closed for thanksgiving and we trade for a half day today futures are lower in the 10 year yield is is no indication of sentiment. Oil on the back foot today but we are heading to a fourth week of gains ahead of opec plus a survey saying we are not likely to get a deepening of those cuts. Lets get first word new...
June 30, 2024
Warm welcome to Worldwide Exchange this friday morning on cnbc im wilfred frost. Im seema mody in for sara eisen today. Good morning to you. Good morning to you lets check in on the Global Market peicture this morning. A day of gains, up slightly resounding week to kick off the year it looks like it will continue the dow up 61 points nasdaq 23. S p up 5 in premarket trade. Yesterday financials played catch up having lagged the market for most of the week. But for the week as a whole, energy the ...
June 30, 2024
There is a little bit of a downside on the stoxx 600. Eurodollar, little bit of an improvement there. Coming up on bloomberg surveillance, we talk european growth. To our man from jpmorgan. Then we talked to teri haynes. Of the get a preview state of the Union Address. A lets get to the bloomberg first world news. Nejra the house of representatives has committee has voted to get clearance to release a republican memo. It alleges bias. Say thetive republicans investigation to come in ties to the ...
June 29, 2024
Nasdaq up by almost 10 points. S p down by a point. This comes after the markets closed at record highs again the longest streak of record closes for the s p 500 in years, going back to 97 or something and its six in a row, but remember two weeks ago and three weeks ago and four weeks ago, we were saying how many records there were back then this one didnt start until last thursday so the one that takes us back to 1997 it was 130 points yesterday on the dow or 113 after all these moves. 22,775, ...
June 28, 2024
Were closed for holidays. In the early trading in europe this morning, ahead of that final debate between the last two candidates in the french election, you can see the cac is off by a third of a percentage point. Ftse is also down. Crude Oil Yesterday down, and down once again as pumping in libya and the United States more than made up some of the cutbacks. We closed below 48 yesterday. Right now 48. 04. On todays agenda the fed concluding its twoday meeting with a statement at 2 00 p. M. East...
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
, i am is daybreak asia Kathleen Hays in new york where it is after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. We will break down some gdp numbers. In line with estimates. But, slowing from the First Quarter. These are preliminary, 2. 7 year on year, in terms of the quarter on quarter. We are seeing growth at 0. 6 . The is slightly off from 1. 1 growth we saw in the previous quarter. The First Quarter was about robust investment. That seems to be continuing on. The Second Q...
June 27, 2024
Good morning. Very warm welcome to Worldwide Exchange here on cnbc. Im wilfred frost along with seema mody in for sara today. Good morning. Good morning. Great to be here. Lets check in on the market action. Record highs once again across the board yesterday. About 0. 5 to 0. 6 of gains and unlike last week it was a broad rally. Every sector in positive territory, real estate and energy the leaders of the pack. The worst performer, materials, that was up 0. 4 . So only a tenth shy of the overall...