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June 23, 2024
Let us talk about some of the threads that draw some of the main stories together. Crude certainly one of them, and brought together iran. What happens when the iranians come back to the market . We see that concluding friday. We have the inflation story out of the euro, trying to figure out what the fed will do. We have been hearing from mr. Evans in chicago, his views about a rate cut. All of those coming about in a few days, a really climactic end to the way. Then the get to the payroll, the ...
June 23, 2024
That is expected to exacerbate the commodities while and toil. They are at a 16 year low. Playing across a lot of commodity sensitive industries. We have seen shanghai turning green. Up by 3 10 of a percent. An afternoon session of greater volatility, but still, really strong losses in tokyo as the decay is down by two and a half percent. The topic is hurtling toward multimonth lows, a better than expected read on the survey. Japan picking up a little bit, but investors are shrugging that off. P...
June 23, 2024
Thrashing. Stocks jobbing the most since august. The euro soaring the most in five years. Manus the question is, this is yesterdays move. A rally about 3 . The biggest move since 2009 when the fed said they would buy 300 million off the treasuries. The question i am asking is, is this euro drop me euro rally debt . Bed . Dead . Anna we have the jobs report of the u. S. How week with that number have to be to keep the fed from raising . Manus we go for an Unemployment Rate of 5 . Yellen has given...
June 23, 2024
Commodities because we are sub 40. It could spell pain to some of the big Mining Companies. What is your breakeven point. They say the breakeven point is 40, for others it is 44. Bhp at 29. That is why they are able to continue. The question here is sam walsh once said at the start of the year that it was fantasyland if it ever made it to 30. Anna lets bring another boy voice into the conversation. Great to see you. Another sign of pain for the mining sector. It has been ongoing for a number of ...
June 23, 2024
November 2011. Hang seng down 2. 5 . The Hang Seng China Enterprises index at a fouryear low. The Australian Market down 2 . Hong kong is leading the region. Out of the 50 stocks on the hang black. Nly one is in the quite a lot of selling coming through elsewhere. Shanghai market down by 1. 3 . China railways have in the standout day, though. Lsewhere, widespread selling thailand is coming online down. Every sector is in the red. Basic materials stocks down by 2. 3 . Looking at some of the natur...
June 22, 2024
Has been quitegh sensational. Esea the chin market yesterday set a different tone even though people talked a lot about the level of intervention by the Chinese Government. Equity markets changed in a looks like the risk has been revived. Guy i think the last hour so much as happened. You had the military finance line come out of china which is really interesting. That has overnight given the market and nice lift. U. S. Futures appointing to an open, but that is today story rather than yesterday...
June 22, 2024
To the downside, quite a reversal from friday where you saw the 5 gain and we saw that on thursday as well. On investor concern that the government will not arrest the falling markets. Continued declines, bank of america with a new analysis saying we will need to see a 30 drop in the asian sharemarket to make it attractive to investors. In southeast asia, not a lot action with the philippines and malaysia shot. Australia, closely watching that country ahead of the rba decision. The u. S. Session...
June 22, 2024
March with speculation that the pboc is still supporting the current base this time in the optional in the offshore markets. Welcome to countdown. You made it to friday but im afraid the markets do not have much direction for us in the last 24 hours. The asian equity session starting to find its feet this morning. We picked up that coming up from the u. S. Session. The u. S. Market we were stronger at the close but not by a great deal. We swung in a wide range and on low volumes very apple moved...
June 21, 2024
Markets. Shanghais close friend holiday today. Market currencies are rallying. Indonesia rallying a head of the president ial Election Results. You are seeing a decline in crude oil in new york and in london. Gold falling for a second day as well. The meeting was called by jordan as the number of victims soared, about 400. What do we know and what is being said . Counciln security requested by jordan. Pictures. E the people are behind the scenes socussing what to do next far, we have had the fir...
June 21, 2024
Tells us the u. K. Is ripe for reforms in eu leadership but there is no reason for a breakfast. The u. S. Fed gives failing marks to Deutsche Bank for their capital holdings. We bring you the latest on the second round of bank health checks. The country joins the global wave of monetary easing and lowers key Interest Rates to an alltime home low. We tell you what it means for the market. Mark get hopes of pulling the economy out of the brink. We will bring you the details on the loan program. He...