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June 26, 2024
Glencore goes from doom to dividend in the space of year. We will break down the numbers. Its turn our attention to what is happening in the market. Show you what the gmm looks like around the world. Yesterdays solid session, and a big outperform a, italy up id two points, 2. 3 . This idea that maybe the ecb will step up and deliver for italy if we get a negative result in the referendum continues to move markets. Also what is happening with italy. Iron ore surging overnight in china. The medals...
June 25, 2024
It is 7 00 a. M. On september 18th. Lets check the forecast with Jeremy Nelson whos in the forecast center. Its a beautiful sun shining day outside. Jeremy so gorgeous. You want to open up some windows and enjoy the fresh air. We have a couple of high clouds mixed in. 68 degrees right now. The area is dry, in the 50s, so fairly there. How about readings all over southeastern wisconsin. Right here in milwaukee, 52 in west bend, go towards kenosha, pleasant prayer, low 50s in caledonia. Speaking o...
June 23, 2024
Vonnie russias president Vladimir Putin says he is trying to prevent the spread of terrorism. U. S. Officials say russian airstrikes in syria are not aimed at Islamic State, they are targeting opposition groups fighting serious president bashar alassad. Asidehas vowed to keep and power. Attacks hit one group of rebels trained by the cia. Secretary of state john kerry called for a political solution. He appeared with his russian counterpart. Even as we do not have yet a resolution with respect to...
June 23, 2024
Our road map begins with with jack lew speaking out about trouble in china. Shares in Morgan Stanley sinking on its earnings. Is there more pain to come. And first up, the major indices coming off three straight week of gains. S p up almost 6 since the beginning of the honesmonth. Chinas slowest growth since 2009. Still above consensus. And then jack lew addressed chinese currency valuations earlier this morning on squawk box. I think you have to make sure that china understands that its very im...
June 23, 2024
Broadbased advance in todays session and all the major averages are trading higher. Discretionary stocks led the games today and some of the Energy Stocks up and coming back as well. Are seeing Consol Energy and Chesapeake Energy and transocean which fell yesterday coming back in todays energy in todays trading. These are some of the worst performers this year. Iran a ranked returns number so Chesapeake Energy is the worstperforming stock this year, falling 79 . Sometimes you see this rotation a...
June 21, 2024
Headquarters in london. Lets get back to our top story. 290 eight people have died after a Malaysian Airlines jet was shot down over Eastern Ukraine. The Ukrainian Government lames the attack on prorussian rebels. They deny any responsibility. U. S. Officials say it appears a russianmade missile hit the plane. Ryan chilcote joins us from kiev. Lay out the case for us. Good morning. Good morning. It is threefold. It begins with audio recordings. We spoke with the Ukrainian Foreign minister and he...
June 21, 2024
Development. We see how it breaks apart from the oil price movement. Meanwhile, apple has had enough of the rubles wild swing. S stopped online sales of its products in russia while it reviews pricing. Russia plans to pump the same amount of Oil Next Year as it did in this year. West texas intermediate has been down as much as 2 and has been trading a little under 55 and barrel. Versus theecutives board at American Apparel, the struggling retailer that targets teenagers. The company has fired fo...
June 21, 2024
October. Heres the imf chief economist. The underlying weakness many economies, many emerging market economies are revising the prospects down. That is decreasing growth today. And we think [indiscernible] the one exception in the new forecast for the method is the United States, upgrading its forecast for u. S. Growth to 3. 6 from 3. 1 in october. In ukraine, fighting has picked up between Government Forces and rebels backed by russia. Theres a battle over the control of the airport in donetsk....
June 21, 2024
The yen keeps strengthening. The yield on the japanese fiveyear fell to a record low. The yield on the 10 year rose. Oil sprintedof past another milestone today. West texas intermediate fell below 55 per barrel for the first time in five years. Brent crude fell below 60. Oil is now down 45 this year. It may fall further. Opec should not be expected to cut output while other producers cut more. Pump more. Policymakers at the Federal Reserve a twoday meeting. The Feds Open Market Committee is seek...
June 21, 2024
We are getting breaking news out of the eurozone. Eurozone pmi numbers coming in pretty much as expected. Im trying to get them up for you in terms of what we are seeing overall. They are we were expecting a figure of 51. 5. They came in at 51. In terms of services, they arrived at 53. 9 versus 52. 7. Overall, it basically shows the divergence in which some of the countries find themselves. Germany had betterthanexpected figures. Some of the weaker countries actually showing that they didnt grow...