Page 8 - Energy Patch News Today

What kuroda is going to do and how that affects the global bond market. We will debate the future of the feds Monetary Policy with former minneapolis fed president gary stern. First, jon will bring us uptodate on the markets. To the bloomberg, gear up for the session on wall street. In equities, no real drama. We are down about one third of 1 . The dax off by. 4 . The real shakeout is having fixed income. Lets move things over to that asset class. The long end of the jgb curve, yields up by eigh...

The markets, in the words of one of the most respected bankers is crazy at the moment. About a bounds, you see the headline. The biggest gain in four years. All of that off the desperation move last night. The spirit and desperation of Deutsche Bank. France has i think you are right. That is a theme we well explore today. Voters sent a message to the candidates of both parties. Two outsiders have won the first president ial primary. For the republicans, donald trump was an easy winner. John kasi...

Probably yes at this point. Theres always been unpredictable be in the markets, but right now come all three major averages are lower with the nasdaq leading the kleins. The dow has been the best performer. Declines. Leading the s p has been a bit choppy. A pretty narrow range here. It continues to maintain those as we head throughout the day. All of this is on relatively low volume. Take a look at the bloomberg. By sector. Bf all these bars going down except for one. Energy volume is up 18 over...

Coming up, two guys who are facing off each other in the ring when it comes to puerto rico. Jim millsteen, renowned restructuring attorney, advising puerto rico. Well talk to him about puerto rico. He was at treasury during the financial crisis. Knows a lot about that is go on with the European Banking system. Well discuss that with him as well. And ambac could lose a lot of money if jim millsteen gets his way. Well talk about that coming up. What is happening in puerto rico, guys, emblematic of...

Then Merrick Garland, very secondspected, on the circuit. And paul watford, on the ninth california. Of so you have an Indian American an africanamerican, and a white guy. Stephanie the republican pushback has been we do not even want to hear it. The fact that president obama is putting forth three candidates t should be acceptable there is so much strife in d. C. David he wants to say this is a respected person. All these people have been confirmed with bipartisan support. So he will say, i don...

You look at the gains here, the dow is up almost 7 since february 11th. The s p 500 up more than 8 in that same time frame and the nasdaq is up 10. 5 since february 11th. Do you sell into the rally . David joins us. You have a bullish tendency, but i think you believe that the upside is limited here. Yeah, absolutely limited. We talked about it last night in the show. Essentially this is a fearbased trade. People underpositioned on the long side that are fearing a lot of the meetings coming up o...

Was down slightly. The shanghai composite was up slightly. Also take a look at oil prices. Wti up slightly. 34. 72. A little later this morning, were going to watch for natural gas Inventory Data due out at 10 30 eastern time. Gas prices are trading around the lowest levels in 17 years. Couple big stories were watching this morning. Just hours after the u. N. Security council slapped new sanctions on north korea, south korea is now accusing the north of a new provocation. South Koreas Defense Mi...

Unsolicited stakeover bid led by anbang insurance group. Well give you the latest. United airlines ceo back to work today but the activists are not cutting him slack. Whats ahead for munoz and the airline at large. Starwood is up sharply in premarket trading. They received a takeover proposal from chinas anbang insurance. Its worth about 75 a share in cash. The board of starwood says it is not changing its recommendation at this point and supports the companys planned merger with marriott, but t...

Facebook shows thousands of developers. Sand target investors and in focus. First messenger which just last week announced accelerating growth to 900 million monthly users. Facebook is expected to make it easier to chat with users and invite them to easily make transactions all about leaving messenger. Ahead of the event drop box announced its sbi grating into messenger. Part of facebooks plan to allow people to do many things on their phones without ever leaving the app. Days after announcing f...

Energy was the best performer. Initial jobless claims moving up a little bit but theres no direction to come with tomorrows jobs number. The dow was up 85 points, so that slide was a bit dramatic. Volume was terribly light, this time of day, it was a very light day. Oliver if you look at stocks, a few things jump out. Look intoe a deeper what is going on, few things have popped out. Alibaba andclose to you have a few other measures if you look at what happened with financials and look at what is...