Ken Hoffman News Today

Journal there close to raising rates next month. Chinas push to join the elite as a currency takes a hit. More work is needed on the yuan. Welcome to countdown. This is Bloomberg Live from london. 6 00 a. M. Numbers are coming through from moments ago. Lets get to carolyn conan. She is in paris. Yes. It is the highest quarterly earning in eight years since the financial crisis. Societe generale benefited from three things. They had a good performance and equity ending. It jumped 61 . They also h...

December if we see a significant deterioration in economic data. We get the new jobless the new job claims tomorrow. And in the payroll will we see a third month . Were up 0. 3 in france. Later today will see how greece will handle it in two days. All eyes on the dollar. We saw the wall street journal coming up. That statement that he thinks there will only wait if there is a significant deterioration. We have seen gold continuing to selloff over the past few days and we do see no one being leew...

Snapping a sevenmonth losing streak. Deal maker, russia selling an 11 billion stake in its Largest Oil Producer to glencore and the Sovereign Wealth Fund. The russian president went on national tv to tout the deal as one of the largest acquisitions in the oil and gas sector in the world and in the world in 2016. Thats what you need to know at this hour. Lets turn back to our main story, the upcoming ecb decision. We turn to our Bloomberg Team in europe, with our colleague, matt miller. Looking r...

Jobs. Ave tough i dont envy them what they have to do at the moment. Anna welcome to countdown. I am anna edwards in london. Manus i am manus cranny in dubai. Good morning, and a. Anna let us talk about the oil price. Wti yesterday. We are rallying once again this morning. Tomorrow. Data is due seeing increasing in the united eights. Decrease ino weeks back to back numbers since september. We have a number of factors coming in. I have a chart that contextualizes this move. All the way back to 20...

The tricky thing is figuring out the cattle last figuring out the catalyst. Job and we see the market only down 0. 9 on the s p. It felt much worse. Varian tends all day. Big selling over in europe. Definitely one of the worst days we have seen in a wild. Scarlet this particular rally started overseas. A pretty steep selloff. European stocks hit particularly hard. Most sincehe february, and volatility actually spiked. And energy was one of the worst performers. Interestingly enough, inflows too ...

Has been building on gains. Au see a mostly upward trend, little choppiness, but a mostly upward trend. If you look at the rally bisect rally by sector, ased rally. Ty broadb industrials,es, tech coming back all of the cyclical groups that have been late comingf back. Pretty vonnie a pretty good range in oil prices. Julie earlier, oil surged before falling below the lows of the day. Of course, we learned earlier that russia and saudi arabia had come to an agreement to freeze oil production, but ...

Rock hill, 55 in gastonia and lower 50s from boone, morganton, salisbury, albermarle, a little bit cooler but not by much, still in the 60s, may have a few breaks of sunshine, better chance for rain later in the day and temperatures will probably fall this afternoon across the i40 corridor. A lot more rain to the south of us heading in our direction, talk about it in the seven day forecast. Youre never more than seven minutes away from weather and traffic on wbtv news this morning. Here is chris...

Cheraw. Starting off with fog, otherwise mostly cloudy skies, spotty rain to the north of us, 57 degrees this afternoon coming home our rain chances rise, and by then were at 59 degrees. Expect midday high of 62 at lunch time. Seven day forecast around the corner, chris with first alert traffic right now. Sponsored by toyota of North Charlotte as we head back in the work week, a live look i77 West Boulevard, volume of traffic heading in toward the city, no problems, southbound a little lighter. ...

Average with consolidation after the games we have seen in recent weeks. Overall it was some real excitement, but in the end just a really quiet day. Not much Economic Data on the big Central Banks right now. In the meantime, things are very quiet. Its like two weeks of centralbank rhetoric that we are bracing ourselves for. Beginning with market minutes, Energy Stocks were clearly the start. On friday you will recall that they rounded up their best week since october, clearly building on that t...

Not do what the ecb wanted it to do was one of the comments i saw yesterday. The old the other question was about Mario Draghis comment that this would be the last Interest Rate cut but skepticism about that. Is it all that the ecb will do . It looks like there is a more bullish read that is happen in the u. S. And in europe. The rally to date means that for the year to date, major averages have trimmed their losses considerably, particularly the s p and the dow, now let now doubtless than 2 on ...