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July 16, 2024
Lacqua in london. Lift to the stoxx 600, data from around whattivity jay powell is doing. Dollar weakening for third day. Crude oil 60. 60. Makesort saying surplus return despite opec cuts, whether that means they will come further is something we will watch for. As operators in the gulf of mexico are bracing for Tropical Storm barry, giving pressure on crude oil prices. U. S. 10 year yield at 2. 12. Coming up on bloomberg surveillance, the allstar lineup today. We will talk about deals in the b...
July 16, 2024
All coming after the markets are coming off a very strong month of june. For the dow, it was the best june performance in over 80 years. You have to go back to 1938 for the month. The dow was up by 7. 2 s p was up by 6. 9 for the month that is its best performance since 1955 and the nasdaq was up by 6. 9 and thats its best performance since the year 2000. Taking a look at what happened overnight in asia, hong kong was closed for a Public Holiday but those markets that were open also up very shar...
July 16, 2024
With a trade war truce near . President trump saying his upcoming meeting with president xi will work out for both countries. Stocks set to rally at the open new records within striking distance the s p closing out its best first half since 1998. And playing down the trade risks, nike delivering strong revenues in the Fourth Quarter, customers buying more sneakers and sports gear and china sales surging. First up, the markets. Stocks getting ready to wrap up a strong month the s p 500 on track f...
July 16, 2024
There is more room to run. He will explain what is about to spark a major rally and how you can cash in. And oop, there it is thats right, options action fans the dream team is back mike khouw and guy adami will tell you the one tech stock they think is about to break out. It is time to risk less and make more the action begins right now. What it is all about lets get to it because netflix is on deck for earnings next week, the streaming giant is up 40 this year although most of the gains came i...
July 16, 2024
Office. That event getting underway momentarily. [captions Copyright National cable satellite corp. 2019] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] bythis period is marked mostly difficult, negative news, with one good news at the very end of this period of six months, the announcement of the agreement between the european union, 20 years in the making. Whether the agreement will be obviously, remains...
July 16, 2024
Officials here want to show to the world the way that the e. U. Feels the e. U. Countries Member States feel regarding this deal federica maurine the high representative for Foreign Affairs chairing this meeting effectively saying that this is the opportunity now to try to deescalate the desk escalate rather the crisis the between iran and the United States also the fact that you have the foreign secretary of the United Kingdom talking about the need to prevent toxicity in the region the toxicit...
July 16, 2024
Were increasing our Sales Guidance in innovative medicines and santos and our bottom line guidance for the full year. Easyjet shares take off after backing the fullyear outlook and lands a new chief operating officer. And shares in asos sink after issuing their third profit warning in the last eight months all right. Very warm welcome to you all we are right in the middle of european earnings season things are beginning to ramp up. Annette and julianna will have the latest on s. A. P. And novart...
July 16, 2024
[gavel] committee will come to order. Without objection the chair to declare recrest of the committee at any time. This hearing is entitledle policy and the state of the economy. I now recognize four minutes to an opening statement. Today we convene on Monetary Policy and the state of the economy. Chairman powell, welcome back. Oday i would like to start by addressing the current elephant in the room when it comes to policy and the fed. This president has made it clear or he has no understanding...
July 16, 2024
The german tenyear 32 basis points. What is that going to do at the end of the day if they rethink that inflation target . David and what does it mean . Peggy collins pointed out the u. S. Is taking a look at the same thing because Central Banks are saying we had this to ,rcent, it is not this 2 it is not working out. Do we have to take a different approach . Phillip morris the latest earnings coming out. It really highlights those that can take this environment and deliver to boost their foreca...
July 16, 2024
Deutsche bank in the crosshairs, u. S. Investigators with the malaysia scandal investment fund. The tale of two listings. Budweiser asia offering is set to price later today. Less than half an hour until the start of European Equity trading. Ftse futures look like this, positive, as if we will get more out of the minutes or Powell Comments we heard yesterday. Storyle catchup, the before that session is a positive one. Lets see where we are on the asian session. A strong session, fully pricing in...