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June 23, 2024
Out look from sainsbury after they will beat full year profit forecasts. Russia approves the use of military force abroad in a move that could see boots on the ground in syria. Good morning. We have a rally on our hands. The xetra dax bouncing back after two days of losses. Glencore continuing to bounce back after its 30 fall we saw on monday. The cac 40 with an impressive gain of 1. 8 . Yesterday the levels we saw at the close took us to the lowest levels since 2015 but since then a little bit ...
June 23, 2024
Would have called them in the 70s, we would, one, the first thing we would do is simply let things go without addressing them, but we have also plenty of instruments to do that, to drain this liquidity. Mario, first of all, thank you for a terrific speech which really does clarify to an american audience some of the thoughts that went into your decisions of yesterday. Id like to ask you to elaborate on a theme you touched on and youve discussed in many speeches previously, and that is the struct...
June 23, 2024
Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. We look to be in for another roller coaster ride this morning, so buckle up. While you were sleeping, heres what happened in the markets. Chi chinas stocks got slammed with selling accelerating in the final hour of trade. The shanghai comp dropped to its lowest level in a year. Despite efforts to lift sentiment ahead of the Lunar New Year holiday. A big part of the story again is energy. Oil prices sliding back...
June 23, 2024
Thats how the picture looks. In fact, the dow and the s p are now positive. Nasdaq trying to get there and that is the story. Crude oil 32 and change. A gain of 2. 6 . The companys bread and butter the iphone may have peaked and can no longer deliver the Growth Investors have come to expect. Youre not one of them though. Slowest growth since 07. Forecasting the first revenue decline in 13 years. Youre thinking about adding to the position you already have. We talked about apple and where it has ...
June 23, 2024
Shares are down by 9 , biggest drop since june 2010. The horizon disaster. What is fascinating fascinating about todays earnings, the fouryear net loss of 6. 5 billion was double the loss of 2010 when bp took charge cost link tollion the disaster. Today, fourthquarter profits greater than estimated because of the decline in the price of crude, profit has been low and year on year for six consecutive quarters as oil prices tumbled. We will have the cheese chief executive a little later. Story was...
June 22, 2024
I look to the stoxx 600. What are people saying . Jonathan the only good news is we are on session we open much lower, down as much as 3 at one point. It is classic risk aversion to equities. Yields go lower, the dollar yen goes below 120. For me, the big headline is china, china, china. Nonmanufacturing pmi. The story we have been told over the past 12 months is short their manufacturing will weaken but services will improve. Erik i want to bring mike into this as well. Is vicks is what everyon...
June 22, 2024
Doctors are likely to change their procedures after hearing this major news on Blood Pressure. Everybody needs to Pay Attention. A lot to do today. Well start with a check on oil trading because oil is down by 3 . One reason might be a note from Goldman Sachs that came out this morning suggesting that oil could not will, but could fall as low as 20 per barrel saying, the oil market is even more oversupplied than we had expected and the potential for oil prices to fall to such levels which we est...
June 21, 2024
Im guy johnson. Here is whats coming up to you. Turkey headed for its first ever direct president ial election. Well be headed do i stan bull. First, our top story, president obama has authorized air strikes against militants in iraq as well as a humanitarian operation. Today i authorize two operations in iraq. Targeted air strikes to protect our american personnel and a humanitarian effort to help save thousands of iraqi civilians who are trapped on a mountain without food and water anding almo...
June 21, 2024
With the ukraine. There is growing momentum for more sanctions against russia. Nato top military commander says russia is sending troops and equipment into ukraine. Later today, there will be a meeting of the eu and u. S. Officials in brussels. With sanctions of the agenda thomas r russian expert is ryan chilcote. In this overall discussion at the moment . What is on the table potentially for sanctions, first of all . There are three options. The first is to expand the list of individuals who ha...
June 21, 2024
We have some breaking Economic News on the manufacturing sector. Mike mckee has headlines from the desk. We expected a big drop in the purchasing Managers Index for the month of october. We get a drop, not a big one. We see new orders actually rising to 66 from 65. 8. That was not in anyones real forecast. Employment down just a touch. Interestingly enough prices like oil prices really having it in the impact of their. The dollar has been rising but export orders are up. A really good overall nu...