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June 24, 2024
Its about time the company got established there. You can let us know what you think of todays top stories by following me on twitter. Markets in this region are under a lot of pressure tracking the downward lead from he u. S. Overnight. Good morning. Really i guess the lack luster lead coming through from the u. S. , the stronge yen weighing into Japanese Equities as well which is leaning it lower. Down by 1. 5. We are seeing energy and export stocks coming under pressure as well as the banks. ...
June 23, 2024
Well. This is being reflected to a huge extent in the bond market. The 10year note yield drops from yesterday, two. 16 . It was almost 2. 3 yesterday. The fiveyear, 1. 4 four and six basis points for the twoyear note. The dollar. Ing your best proxy for immediately figuring out the Market Impact of the fed. The most traded currencies diving. Implications for emerging markets, particularly europe and japan. The greeks go to the polls this weekend. They will answer the big question, who cares anym...
June 23, 2024
This is the pulse. Sab miller shares have sure this surged this morning on back of the news that a Anheuser Bush has made a revised offer. Two previous proposals were rejected. For more we are joined by our chief business correspondent. Matt, want to go straight to do. Saidwe sat down onset, he where is the stock trading . Miller stock is trading below. Surprised byte that, actually, because it seems like this is a deal that is coming together. We had a statement from altra sabmiller 20 of sayin...
June 23, 2024
Manus i am manus cranny. Be coming in at 52. 3. A little bit better number from germany. There is the euro. Draghi said over the weekend that the decision was an open terms of whether they would do qe. These are the numbers. Francine he gave a great interview. When you look at the area of manufacturing, that data was weaker. It is not germany that is driving this. France picking up a little bit. Are ones saying you dollar 10. Manus the ak party swept back into office. His party has now regained ...
June 23, 2024
This is in seven days time, we will be waking up where the meeting with bond traders face off with the equity traders, who is prepared for the fed . That is the question, the longest losing streak in six months. Is it oversold . The relative strength index is below 30. But we are seeing the msci index, trading 11 times the 12 month earnings index. It is being punched as Global Growth concerns and of course worry about the fed next week. Theave day number eight of decline in emerging markets. The...
June 21, 2024
But what if he is playing hardball . Has he got the ability or political capacity and has europe got the stomach for gr exit . Equities are lower and oil is having a volatile day. The number stock up 3. 8 . Dixons car from got a little bit lower but we had a feast of firsts. Erickson, the telecom lead operating systems all around the world. Their margin is improving and that is the key take away but their fourthquarter sales dropped. Theyre still facing complications. This is the company that dr...
June 21, 2024
By rockets, and the russians have a key hold on the area. Merkel and hollande will hold a joint press conference this morning. Walmart finally caved in under all the pressure agreeing to raise wages for almost half a million workers. They will get nine dollars an hour by april of this year and 10 an hour about a year from now, february of 2016. Labor activists have been pushing walmart to improve its wages. Walmart also says it wants to lower its worker turnover rate. One analyst says this move ...
June 20, 2024
Market cap just over christmas. All of these companies combined. We are focused on chipmakers and also blackberry. I had an exclusive interview with the ceo. He said to bring back the physical keyboard. It is going to be on most of the phones. At the 43 analysts we surveyed, only three thought you should buy it. I am old school. If we are going to type, i need a keyboard. You also need the apps. You need a combo. As a menace, what are we watching . We arean unemployment, waiting for those number...
June 19, 2024
Good to have you along. So extremist supporters of President Donald Trump are now calling for more violence in the u. S. Capitol. And its against that backdrop that lawmakers will now take action against the president in the coming hours. The house is expected to vote to urge Vice President mike pence to take steps to remove President Trump from office. If pence doesnt, the president faces a possibility of an unprecedented second impeachment. Sadly, the person running the executive branch is a d...
June 19, 2024
Come to order, thank you. I ask unanimous consent to authorize the trip to declare recess during the hearing. And without objection, so ordered. As a reminder, all of you are out there remotely. Please keep your microphone open, muted, or i will be yelling at you to insert a document into the record, please email it to documents so the united and with that, going to give a brief opening statement. I want to thank the secretary for being here today. We are holding this hearing to do some oversigh...