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June 28, 2024
Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange on cnbc. Im sara eisen im dominic chu in for wilfred frost. Welcome good to be here. He made it through his bike ride he did. The pictures are on instagram. Congratulations. Success it looked really hard. It did. You have to be in shape to get through Something Like that. He trained a lot. Hard core training of new jersey there you go. He made it to monaco. Lets check in on the global markets. U. S. Equity futures st...
June 28, 2024
Europe largely unchanged the 10year just below 3. 5 road map begins with the second half of the year kicking off in high gear, what to expect for the rest of 17. And north korea launches a missile with the capability of reaching alaska. This as President Trump heads to europe to meet with world leaders. What the growing geopolitical tensions may mean. Is the job of ceo not what it used to be many top executives departed in the first five months of the year than last the look at the changing face...
June 28, 2024
Shifted toward a less grad all approach to overall policy normalization. The fed expects inflation to remain somewhat below the 2 target near term. The fed reiterated support for gradual increase in the federal funds rate. Participants believe in 2018 there will a bit of a slowdown in the economy, revising projected gdp to 1. 8 from 2. 2 . Unemployment, expected to being strong, 3. 95 to 4. 5 . One of the things fed is watching, obviously lower inflation. Several participants expressed concern 2...
June 28, 2024
Moments ago ahead of the g20 meeting in germany. He will meet with World Leaders including the first facetoface friday with russian president Vladimir Putin since President Trump was elected. Top Administration Officials feel optimistic the senate can pass obamacare reform when it returns to washington, d. C. Next week. With more on the latest, take it to adam shapiro, adam . Reporter we talk about the health care reform, what were talking about, emac, is the fact that the white house does belie...
June 28, 2024
German police keep the peace . And the United States and south korea fire off their own missiles as a warning to north korea after pr yang testfired an Intercontinental Ballistic Missile after pr yang after pr yang after pyongngyg testfirered an intercontinental baballistic missile. Im frank of the im brent goff. Its good to have you with us. Chinese president xi jinping is headed to the g 20 summit, but before heading to hamburg, he spent the day in the german capital with the german chancellor...
June 28, 2024
Business news live from singapore. The owner of kfc, pizza hut and taco bell in china reports of strong profits thanks to hungry consumers. And handmade guitars from the philippines. Turning to the internet to save a vanishing craft. Good morning, asia and hello, world, glad you could join us for this edition of Asia Business report. It has been 30 years since the first Kfc Restau Ra nt 30 years since the first kfc restaurant opened in china. The company has come a long way and its owner reporte...
June 28, 2024
To the downside. This chart of oil. We see the plunge. And lets look at the spike we saw a earlier for oil, at the highs of 2 on a very bullish department of energy report, a bigger drag down for Oil Inventory and gasoline than we expected. But look at the plunge near 1. 20 that scarlet told us about them and we are eying a report that says that the shaft needs to drop by possibly around 150 rigs. Traders are not liking that, but stabilizing above zero at least. F the half a percentage point let...
June 28, 2024
To the downside. This chart of oil. We see the plunge. And lets look at the spike we saw a earlier for oil, at the highs of 2 on a very bullish department of energy report, a bigger drag down for Oil Inventory and gasoline than we expected. But look at the plunge near 1. 20 that scarlet told us about them and we are eying a report that says that the shaft needs to drop by possibly around 150 rigs. Traders are not liking that, but stabilizing above zero at least. F the half a percentage point let...
June 28, 2024
To the downside. This chart of oil. We see the plunge. And lets look at the spike we saw a earlier for oil, at the highs of 2 on a very bullish department of energy report, a bigger drag down for Oil Inventory and gasoline than we expected. But look at the plunge near 1. 20 that scarlet told us about them and we are eying a report that says that the shaft needs to drop by possibly around 150 rigs. Traders are not liking that, but stabilizing above zero at least. F the half a percentage point let...
June 28, 2024
By a fraction of a percent crude oil, this is the one weve been watching very, very closely. We have wti down by 1. 6 brent it down by 1. 5 . This is quite a rebound from the lows back in june. We are up by 12 from june 21st lows so staggering move in just a short amount of time weird. Weird to see the dow so strong and the nasdaq so weak thats been happening more the nasdaq had been stronger on a relative basis then the rotation happened. I dont know what it means. Maybe its healthy this is sca...