Money jackie stocks are in the green as 373 million americans filed for jobless claims in the last week. Oil prices, unexpected surge in chinese exports boosting hopes that global economies are also on a path to recovery from the Coronavirus Crisis but how will wall street react when tomorrows jobs report comes out . Joining me now former dallas fed advisor Danielle Dimartino booth, bny mellon chief investment strategist alicia levine. Lets start with you. Well talk about the numbers tomorrow. The positive thing in the weekly claims, weve seen five weeks in a row where the numbers are going down but investors like that. When they get hit with the unemployment report even though theyre expecting it and see doubledigit unemployment how do you think the market will react . Look i think the market is expecting somewhere between 17 and 20 unemployment to print tomorrow. This is a little bit of a backwards look. The data stopped three weeks ago. Were reading it out on may 8th, not the first
Of the regime or because of iranian backed forces there and they fear for their lives but they also fear a turkish invasion from the north these are people who are caught between a rock and a hard place all right while in washington d. C. Can any Turkish Operation create a vacuum for eisel to be made in this area the americans seem to be preparing for such a scenario when they blame the europeans for not taking back the fight is currently being held by the kurds. So theres a possibility this is the s. D. S. Slashed by crazy fighters turning their attention to confront turkey in the chaos. You know you can see isis fighters escaping you know prisoners escaping the groups reassembling and reemerging but i think. The problem of that happening once turkey takes over is not is not necessarily as bad as everyone is making it out to be once turkey takes over those areas they dont want to protect their interests we may disagree with those interests are but the Turkish Military is not allow isi
Streak in many years. The u. S. 10 year yield is rising but it had been the higher, 43566. It went that hyatt some point in that the highest level since 2007. It has come back a little but its still rising. The bloomberg u. S. Dollar index has beens however has been hovering around that range for weeks. Nymex crude was around 93 per barrel and still positive but 9184 right now. Jon investors have to assess what higher oil means amid energy stocks. Im watching stories tied to outlooks because within the Dow Jones Industrial average, disney has been the worst performer down 3 after the test they disclose big Spending Plans for the theme parks over the next deep debt decade upwards of 60 billion in some saw the spending where there is a lot of costcutting. Citibank suggested its a bit over blown. The outlook for starbucks in chinas getting attention because there was a note suggesting the outlook for that market might be more challenged than some analysts and investors think and they are
At the pyeongchang games. A jury has found the former football coach Barry Bennell guilty of multiple counts of sexual abuse. His victims were young footballers, boys aged between eight and 15, groomed by bennell, who claimed he could fulfil their dreams of becoming professional footballers. During the trial, he was described as a child molester on an industrial scale. In total, the jury at Liverpool Crown court returned guilty verdicts on 36 counts. They are yet to reach a verdict on seven further counts. Joining me from Liverpool Crown court is our correspondent, ben ando. What happened in court this afternoon . This has been a four week trial, the jury this has been a four week trial, the jury has been directing for three days. They have reached verdicts on some of the towns facing Barry Bennell, who was a very highly respected football coach with clubs like stoke city, Manchester City and Crewe Alexandra in the 1980s. Up until 1990. Thats what we heard. In total, bennell faced 48 c
Are three more chances for Elise Christie to claim this elusive medal. Chris has the weather. We will cast our nets further afield and bring you the very latest on what cyclone peter has done to tonga. Talk to you later, chris. Is it time to stop clowning around . Are pranksters and creepy clowns changing the face of an age old entertainer . Hello, everyone. This is afternoon live. Im simon mccoy. It isa im simon mccoy. It is a crisis hitting at the very heart of oxfams appeal, with questions raised by the government millions of individual donors about whether the charity deserves their money. The Charity Commission has taken the most serious action it can against oxfam, and begun a statutory inquiry into its procedures. It will investigate the handling of claims that oxfam staff used prostitutes as they carried out Disaster Relief in the aftermath of the earthquake in haiti in 2010. Matt cole reports. This crisis has already claimed one senior figure, 0xfams now former chief executive