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June 30, 2024
Seeking 1 billion to get out of its iron ore joint venture in brazil. Betty a billion dollar headache for bhp, a 7 billion windfall for jpmorganwells fargo, that really propelled the market higher on friday. Along with that inflation data. In record territory in the u. S. , what a month it has been. Lets quickly pull up the boards to see how much we gain, the s p closing at a record, the dow adding over 200 points, the nasdaq also higher. I get the feeling a lot of this will be as the markets ar...
June 30, 2024
Feeding Market Information to a swarm of japanese traders. Can you get more exuberance into this market . This fomo trade when it comes to equities in the u. S. And global, 24 billion flowing global sixth largest for inflows. ,hen it comes to u. S. Stocks 11 higher than its 200 day moving average, the whitest cap since 2013 idest gap since 2013. We do have a Public Holiday when it comes to u. S. Stocks on monday, so a wellearned rest when it comes to some of these u. S. Stocks and the recent ral...
June 30, 2024
6 00 here in london. Lets get to the markets. We are without the volumes from the United States during yesterdays sessions. King date we had no trading in stocks or treasuries. We are getting back into those today. Msci asiapacific by 0. 4 . General picture in asia continues a positive one, continuing the best start since 2006. The dollar against the again , we saw the again being pushed up. Have halted five days of advances in the japanese currency partly because of what we heard from the japan...
June 30, 2024
Fastest car ever made, hurtling in space. Keeping the government chugging as oneas deal described nobody loves. It seems like life has changed and rather than talk about no volatility or low volatility in markets, the only thing both are talking about now is to get used to volatility. Andtility is here to stay, i want to show you a chart that reminded me of the great ernies peng lei Ernest Hemingway quote. This chart shows you that ed acency that is br the shortterm fix, the several to blame of ...
June 30, 2024
Says, lets talk fb Winter Olympics. At the Winter Olympics. A very good morning to you, our viewers around the world. s take a asia let; look at what is happening around the world. We saw what happened on the markets of the United States in the past few hours. We went into the positives. Technicals are pushing that up. Lets go to the bloomberg terminal. Hasnt been, it very good. Down 7. 25 . The last time we saw these numbers was back in 2009. 11 . Y the question is whether we can hold on to the...
June 30, 2024
First. Germanys dax hits a record high as global stocks rally, but guests here in davos warn investors not to be complacent of Financial Risks if everyone is complacent, if nobody sees risk on the horizon, thats when i get most worried and the white house slaps steep tariffs on imports of solar cells and washing machines prompting an outcry from producers in china and skouth korea who accuse the u. S. Of violating wto rules. And sky shares rise after foxs bid is deemed not in the public interest...
June 30, 2024
We are about 30 minutes out from the open in china and hong kong. Very interesting couple of days to come. We are keenly watching the u. S. Inflation report. Disappoints if cpi to a market that has been awkwardly repricing. Were also passing these comments from jay powell is saying that nothing has changed. Also a reminder, the last trading day for mainland markets before they shut down for the oneweek holiday. The last trading day of the year of the rooster. A modest recovery story playing out ...
June 30, 2024
David a very good morning to all of our viewers joining us right now. New trading week. Lots to talk about in the markets. Shins and up and running as well. Focus will be on where we go with those markets. No one knows until we get there. Lets get a lay of the land of how things look. Where does this really set us up as we get underway this monday . Have a look at it at our bloomberg chart. G btv 7910. Into thursday, into friday, that little gap, more than a massive gap. Really push the market t...
June 30, 2024
A defiant israeli Prime Minister valves to continue operations in syria day after one of his warplanes was down. To be honest im not sure she really understands the full horror of what has happened here from britains foreign minister for. The un supervised the return of her him to refugees to me and my bus. Was. Rather display of harmony and soul that south koreas president strikes a cautious no about an invitation to visit the north. The best hitters in russia say theyre looking for all possibl...
June 30, 2024
Comments and europe is mostly green and Oil Continues its run above 66 our road map begins with industrial earnings from cat and 3m and numbers from ford well dig in. The president is switzerland, well hear from him this morning and then an interview with our own joe kernan. And futures are up in the premarket on the rally this morning. Earnings news, lifting a pair of do you components, caterpillar with its Fourth Quarter results and issuing up beat guidance due to growth in the Construction Bu...