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June 24, 2024
Im anna edwards in london. Manus a very good day. Im manus cranny in dubai. They are going to guide lower for this year. They are adjusting their forecast. It will be at least 1. 4 billion. The original guidance we have been expecting of 1. 4 to 1. 6. So this is a 1. 9 new guidance. 1. 4 billion. It is in a state of, well, i suppose change, challenge in the Second Quarter. The earnings came in at 326 Million Euros. They have beaten the Second Quarter adjusted number. They are cutting the fullyea...
June 23, 2024
We should recap what has been a great 24 hours in the equity market world. Guy we had a decent day throughout the u. S. Yesterday. Which slightly raised the expectation of whether or not the fed is going to hike rates. We think it is going to come more likely after that number. Anna at least the chances have gone up a bit. On monday,was 28 now we are at 32 . Guy things are moving pretty fast around here. Obviously a long way to go between now and then. Two days of debate started today, what will...
June 23, 2024
Billion in valuation for the ipo according to sources. They could come as early as friday, as they look for luxury status. Welcome to countdown. I am anna edwards, live from london. It is friday morning. Let us start with the reaction with what the fed had to say in their minutes. We knew what the decision was for weeks. These are the minutes. These are the impacts on the world index, of Global Equities over three days. It shows we saw a rally and global stocks, 2. 46 trillion added to the first...
June 23, 2024
Welcome to countdown. Im guy johnson. Anna is down in brighton. We will be with her shortly. Let me tell you whats happening on the markets. U. S. Futures are a little softer at the moment. Over the last half hour, they have started to firm a little bit. When i was in this morning, the s p was called down by 0. 5 . As london traders start to make their voices heard, maybe we will see that continue. At the moment, u. S. Futures are looking a little softer. In around an hour, we will find out what...
June 23, 2024
And pimco says the worst of the price collapse could be over. Merkels moment to is the german chancellor about to win a Nobel Peace Prize . A warm welcome to the pulse, live from london. Im manus cranny. First up, minutes from the latest fed meeting show that the policymakers delayed the worsfit hike last month because of concerns about china. There was plenty of reaction from financial leaders of the imf and world bank. We will hear those voices in just a moment. But first, oil is about 50 a ba...
June 23, 2024
It has been a torrid time in the market. Let me give you an update to my sense of where we have been over the last three months. , is goinghe last day to be a good one or are we going to finish on a dismal note . Well talk about that. Let me give you numbers, first of all. The s p 500s let me show you this column. Finishedwhere we have the downside on the order. On the currency adjusted basis, is nearly 10 . Over here in europe, 11 to the downside. If youre looking at the other market, volkswage...
June 23, 2024
And how that will work its way into the week. Asia is a flying at the moment. Shanghai is at the front on the moment. The asian market is delivering, but what does that based on . We think it could be based on a lot of chat around the market. We could be saying further stimulus from beijing. It is interesting because you can compare and contrast that with what is going on in the west right now. You can see on the shanghai composite, a nice move this morning. We are up 3. 5 . Let me show you what...
June 23, 2024
First of all, i will show you what has been going on with oil. This is the story. What does this signal about the Global Economy . We down stopped the level, but are very close to it. The sense of the market is, this is a done deal. This was a meeting that took place before the last payroll data. It seems to secure the idea in the market that we are pretty much there for with the december hike. Not much of a move in the qs in the u. S. We will talk about the spread in germany. We will speak to j...
June 23, 2024
Manus this is countdown, and i manus cranny. Anna i am anna edwards. Manus i know that you have been waiting for the data. Never thought we would be able to talk about credit default swapts. Here it is. It searches to the highest in almost two years. Is cost of insuring yourself the highest since 2012. That is what the market is focused on. High ere is a growth. Eve got this could be the opportunity of a lifetime. That is for the brave. Anna we have got ets on these junk bonds reaching new level...
June 23, 2024
The bank. Welcome to countdown. 6 00 here in london. Lets go straight to the asian market story. Biggest weekly advance in six weeks. It was looking like it some of thoseg games early in the session but we have seen a pickup again. The shanghai composite up by around half of 1 . Shanghai headed for a weekly advance. We have had career closing pretty flat. The nikkei closing higher by about 1 10 of 1 . Some good gains australia. Up about one third of 1 . In hong kong, things looking a little bit ...