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June 21, 2024
Another company in a deal that could put a smile on investors faces. Welcome. It is 7 00 on monday. It is back to work for the japanese Prime Minister shinzo abe. Big problems for the third economy. Full 1. 6 . A lets go live to tokyo to speak our economist. Where does this leave the debate on tax increases . Works pretty much dead pretty much dead. Raising taxes in the next 12 months would be economic suicide. When you the debt gdp numbers today, a enough damage was done with the last tax incre...
June 21, 2024
Lets talk about what weve got. Manufacturing pmi falling to 50. 4, the forecast 50. 8. We have already seen the breakdowns from a national level. The german date or little weaker, the french data certainly a little weaker at the moment. Those that were hoping there were any w numbers in the other survey numbers were indicating that we were going to see a more stable story, maybe a little bit disappointed by that. 1. 2515, you could have seen a pop through you could have seen a pop through 1. 26 ...
June 21, 2024
You are watching the pulse. Im guy johnson. This morning shell was the first Major Oil Producer to post earnings since crude prices fell by more than a half area that has happened over the last six months. Oil is down today with crude below 45 a barrel. Lets bring in mark barton. Mark, lets start with you. I think the line that i took away from the interview was, we enter this period with strength. We knew volatility would came back. We aimed to preserve flexibility. It goes back to what he did ...
June 21, 2024
The germans might have some objection to that. London opened virtually flat. Oil is making a comeback. Is that being overgenerous . You are seeing just a little bit of a reprieve on these equity markets. We are going to run towards super tuesday. Lets have a look at some of the currencies. Everything is priced into the euro dollar. You are probably going to see the eurodollar at 120. The market has fully priced qe by the European Central bank and the onemonth money suggests you are going to see ...
June 21, 2024
Estimates. Assad a shakeup. The arab states nuking fires his economic officials one week after taking the throne. Hello, welcome to countdown. Also coming up, super bowl sunday. Can Kim Kardashian help advertisers score a touchdown during americas biggest sporting event of the year . The newly elected greek Prime Minister is promising no surprises as he goes facetoface with european officials for the first time. He assured Martin Schultz that greece will not make any unexpected moves regarding i...
June 21, 2024
The a and b shares. 15 billion worth of cuts over the next three years. In an interview, he said the dividend was safe. It was about longterm investment. In terms of the overall headline numbers 4. 2 billion was the headline. They missed the core number by over 1 billion. At shell, that transfers through with the hhe told us its natural that suppliers will see the most and youve got a supplier. Vallourec is the supplier. They said because of the oil pressure, that is literally what they said, th...
June 21, 2024
But we hear they are still confident on china. I dont see people pulling out of china but i continue to see people putting money into china. G20 leaders warn russian president Vladimir Putin more sanctions could be on the way as they meet in brussels to discuss possible measures. Now to our top story, a quite astonishing story in japan. The gdp number shows a 1 president 6 contraction against the expectation of 2. 2 growth. One of the analysts said theres a big drop as businesses cut back on inv...
June 21, 2024
A warship to russia as planned despite deep criticism from both sides of the atlantic. In corporate news, litigation talks talking its toll on Credit Suisse following a 8. 5 billion settlement with u. S. Authorities. Shares dropping to the bottom in market after a disappointing set of Second Quarter numbers. The failed deal with omnicom is partly to blame. We have been too much focused on the omnicon deal. These certainly generated questions over the daytoday issues. Youre watching Worldwide Exc...
June 21, 2024
Hershey. Two economic reports today. Weekly jobless claims at 8 30 eastern time and december pending home sales at 10 00. And eu Foreign Ministers are meeting in brussels. The rouble weakening today on the threat. Andrew. Well talk about the big changes happening with mcdonalds in a minute but first a quick snapshot of other stocks this morning. Facebook beating the street on the top and bottom lines but Revenue Growth was the weakest since the start of 2014 and it rose faster. The Company Plans...
June 21, 2024
Its another big day today of u. S. Earnings. Alibaba and ford all report before the market open. All eyes will be on google and amazon. Of course people are still talking about the fed press release from yesterday. The Federal Reserve not showing its hand that its wavering over whether to hike rates this year. In its policy statement the fed says it will still be patient. That word patient is still there in raising rates and is upbeat on the u. S. Economy setting solid growth and strong job gain...