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June 25, 2024
Alix we did text. Julie i am sure. I am just talking about the content. We are seeing a bounce. The dow gaining more than 100 likes as it looks investors shake off the jobs report from friday, trying to figure out the feds next move. They hope janet yellen will give them direction when she speaks in about half an hour. Though she may not give much direction. A commoditiesled rally. Oil prices bouncing. Our cultural commodities also on the rise. Up 15p 500, a big leg minutes after the open. It ha...
June 25, 2024
Says it may do more. Is china next . Referendum two weeks away, the u. K. Housing demand drops at its fastest pace since 2008. Threatsbrexit undermining the foundation . We are around 30 minutes away from the european oaken but we also have this coming up in brussels by mario draghi. What are we listening for . Asking the Vice President of the European Commission what he expected to and heom mario draghi says he thinks the ecb will urge structural reform, especially in the southern mediterranean...
June 25, 2024
Risk aversion, keeping Japanese Bank safe during the credit crisis. Now they are some of the top lenders and energy. Follow me on twitter rishaadtv, include trendingbusiness. Breaking news south korea, a surprise Interest Rate cut coming through. Now 25 aces points lower, 1. 25 , defying analyst expectations they would stay pat. There you go. There we go. Another cut there. It takes the number of rate cuts to about 700 across the world. We open lower. We have given back that. Big surprise. Simil...
June 25, 2024
We are seeing a clear risk aversion as the german bond yields are ever lower and the ecb buying Corporate Bonds. Tom we have some financial work with the yields lower. That began yesterday morning and it is grinding ever lower. We have the political news in the United States. Francine a packed day. It was a history making night for Hillary Clinton. She declared herself the winner in the race for the democratic president ial nomination, taking her the first woman to run as a candidate of a major ...
June 25, 2024
6 00from london, just past in the morning here this thursday. The markets taking a pause, perhaps on the global stock rally we talked about in recent sessions. Let us focus in on the data coming up of the region over in asia, despite the fact that a number of markets are closed. This is the chinese number, declining of course for four still negative. That is what the uptick on the chinese ppi chart shows. Overnight showing the deflationary threat from china is substantially diminished. We will t...
June 25, 2024
Lee k shang lee k shang. They are revealing a new location for the Gemini Bitcoin exchange. A fundamental shift in the last 24 hours, a swing back towards remain over the weekend with the markets moved to go with it. Big gains in new york, the biggest pop since august of last year. It will continue with features firm. Board, a bigthe day for sterling yesterday, the biggest pop since 2008. The gains continue, pretty much unchanged for 2016. The euro is just a little bit lower and the fed chair is...
June 25, 2024
Result. A bank may move its headquarters from london if britain decides to walk away. Follow me on twitter rishaadtv, include trendingbusiness. Straight to the markets, jitters out there. A few hours from the historic vote in the u. K. People start voting and about four hours. Is there an overriding sense of fear . David caution is a better way to describe it. There is some level of restraint. There is only one game in town. Inflation out of philippines, singapore, but none of that matters if yo...
June 25, 2024
The verizon strike and statistical noise. Some suggested the lower rate of gains could be a suggestion of a general slowdown ahead while others blamed weak hiring on the inability of employers to find employees. Almost all the participants judged a surprisingly weak may increasednt report their uncertainty of the labor market. There was also a uncertainty about inflation. For the fed to reach the 2 target. Some thought the progress could be very slow. Other concerns, the slow pace of Business In...
June 25, 2024
Shery lets head to the markets desk were julie hyman has the latest. We are still at record highs. Julie for the s p and the dow. The nasdaq is not at record highs but it is turning positive. The s p at 2153. Point the dow did touch an intraday record. Not only do you have this Risk Appetite on market, you also have it on relatively high training volume. Trading volume. Overall for the s p volume is up about 6 but you see the surge in volume of material stocks, 76 higher than a 20 year average a...
June 25, 2024
Economy stuck on hold, inflation sliding, unemployment unchanged, but a slight uptick when it comes to business sentiment. Willsia airlines new ceo step up in the middle of a restructuring after the twin disasters of 2014. Do let us know what you think of our top stories. Follow me on twitter at that hashtagse trendingbusiness. Lets get straight over to steve for the latest. We are having a continuation shaped recovery in china. 50. 0 is the line between ,xpansion and contraction optimism and pe...