Page 7 - Global Commodities News Today

Lets catch up on what the market has done overnight. The big issue is oil, back in the bear market. It is currently down 20 off its highback in june, when we reached the high. Clearly, china is weighing into that once more with concerns about too much supply and where demand goes when you have the pmi coming out of china. If missed every single economists forecast. We saw doing even worse than had been expected. I will also bring you uptodate with some of the market moves we saw in terms of clos...

, at bloombergs European Headquarters in london. Manus ahead, we have two big interviews. In 10 minutes we speak to the ceo of italy secondlargest bank. Paolo. N francine then we are joined by continentale chief executive offers. Manus first, commodities are trading at their lowest in 13 years with oil, metals and crops being effective. Francine supply gluts and the slowdown in china and prospects of the yard the rise in u. S. Interest rates extending the rout. Us is the bloomberg managing edito...

Olivia i like that. Newreece, may have elections to get rid of dissenting voices in his own party. Alexis tsipras said he would quit and copper new elections. He has been in office eight months and he was elected on an antiausterity platform but agreed to more tax hikes and spending cuts to get a badly needed a lot. Greeks, women and men, i want to be absolutely honest with you. We did not achieve the deal we were hoping for before elections in january, but we did not face the reaction we expect...

Plummeting more than 500 points today is now down more than 10 from its recent high. And its not alone. The tech heavy nasdaq and the small cap russell 2000 index have also fallen that same amount. The reasons for the selling, which weve been seeing all week, boil down to three things, china, the Federal Reserve and oil. But today the losses intensified. By the close the blue chip dow index tumbled 530 points to 16,459 on very heavy volume. Nasdaq shed 171 points or 3. 5 . And the s p 500 lost 6...

Plummeting more than 500 points today is now down more than 10 from its recent high. And its not alone. The tech heavy nasdaq and the small cap russell 2000 index have also fallen that same amount. The reasons for the selling, which weve been seeing all week, boil down to three things, china, the Federal Reserve and oil. But today the losses intensified. By the close the blue chip dow index tumbled 530 points to 16,459 on very heavy volume. Nasdaq shed 171 points or 3. 5 . And the s p 500 lost 6...

Plummeting more than 500 points today is now down more than 10 from its recent high. And its not alone. The tech heavy nasdaq and the small cap russell 2000 index have also fallen that same amount. The reasons for the selling, which weve been seeing all week, boil down to three things, china, the Federal Reserve and oil. But today the losses intensified. By the close the blue chip dow index tumbled 530 points to 16,459 on very heavy volume. Nasdaq shed 171 points or 3. 5 . And the s p 500 lost 6...

300 billion euros going to the stoxx 600 yesterday, before coming back down. Lets have a look at whats happening in terms of some of our search for safety. This is the dollar rising versus the yen. This helps power through some of the japanese us stocks. That particular haven seems to be somewhat out. Gold, too, coming out o. There doesnt seem to be a rush for that haven, even though we are seeing it selloff. I want to show you whats happening in commodities. Copper is once again trading lower. ...

Here is vonnie quinn. Europee opening lower in. Pointing to a higher open in the u. S. Indexanghai composite down more than 1 of the steepest fiveday slide since 1996. It came after Chinas Central Bank cut Interest Rates. Chinese stocks have cut their value since june. European stocks have resumed falling a day after a rally. Germany is done more than 1 . In the u. S. , futures indicate stocks will be higher at the open. The s p 500 is coming off its worst six days in four years. Yesterdays stoc...

Rule. It is about geopolitical, the alpha today. Haven assets,e golden yield. 9398 shows the correlation between golden the yen, moving more closely. And the yen, moving more closely. If you think that is suggesting people rushing to haven status, it is roughly down to that when it comes to the next chart, 1861. There we go. 4500, just having come off the top of that, but it has clearly outperformed when we see the treasury bills, gold, and the yen. That is what we have at the moment currently. ...

The deal he this number pivotal ahead of tomorrows opec meeting. P. M. , the twoyear had a did to cover ratios yesterday, the highest in a year so watch the option. , whent the fomc minutes it decides to leave rates on home. How does the Balance Sheet pay into that . Robert kaplan and Neel Kashkari will be speaking. David it turns out china has a lot of debt. We may have known that before, but it is official overnight. They downgraded chinese debt for the first time in 30 years. The Senior Vice ...