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June 25, 2024
European headquarters at what we are seeing, gains across the board. Yen gaining a touch. This is on the speculation that currencies biggest today rise slide. Two day there been wariness that the japanese government will intervene. This is dollar spot, one of the biggest stories. Lifted to first word news with nejra cehic. Nejra the brazilian president is facing what may be her last day in office. The senate is gearing up for a vote to force her out and into an impeachment trial. Surveys suggest...
June 25, 2024
Highs of the session dramatically for the three major averages. Theative is negative nasdaq is negative and the dow is about the same. What i see is in the white, we have seen oil go a leg lawyer and stocks are going along with it a leg lower and stocks are going along with it. We had seen oil rising on concerns over supply constraints in nigeria as well as in the u. S. Since then, it has fallen off and it looks like that is what is causing stocks to go lower. Imap, energy the is in one of the t...
June 25, 2024
Louis fed president. Said officials continuing to talk up a rate increase as early as june or july. A look at what it means for stocks from a top strategist. Desk head to the markets where julie hyman has the latest. The markets are lacking a clear direction today. Julie treading water is the phrase that comes to mind here. We are not seeing too much change whatsoever in the major averages right now. The s p 500 is betting unchanged on a percentage basis. The nasdaq gaining a little bit of tract...
June 25, 2024
It is a slow day because of the cars, brazil, and be a way. Boe. Tom that meeting was supposed to end last evening so forget about that, live right now in brazil their federal senates meeting on the future of president rousseff. That is important. Is 20 hours and counting of live debate. Lets get straight to nejra cecic. President Dilma Rousseff may be within hours of leaving office. The majority of the senate has voted to remain voted in favor of impeachment. Willice president well rise to powe...
June 25, 2024
Up italys troubled banks . So, welcome to the program. This is the pulse live here in london. First things first. Lets check on the market. Overall, we are seeing a lot of european shares on the downside. We had disappointing news in terms of earnings coming from japan. We also had disappointing figures from a cement company, goes to construction. It is the backbone of the european economy. I want to show you the pound. Later on, it is the last time we hear from mark carney and the r expectation...
June 25, 2024
If you look at what is going on with stocks, we are not being much of a positive reaction, but we will keep an eye on it and see if we see any kind of delayed reaction. Not to mention the fact that the oecd is also cutting its growth forecast for the u. S. To 1. 8 from 2 . Lets take a look at the groups on the move. Energy in the bottom spot, followed by materials, initials. We have a cyclically led decline in stocks at some of the defensive groups like Consumer Staples and utilities are doing b...
June 25, 2024
Getting because we have a long weekend of no trading this holiday. Jonathan lets go around the world and check in with our bloomberg world news. Mike mckee is in new york. Then, a wrap of the g7 meeting. And then another warning about the cost of a brexit. Time, thetes government updates data on growth. We are joined by mike mckee who says the fed is likely to focus on bad news in the numbers. Mike half a percent growth in the First Reading of the First Quarter. That is likely to be revised up a...
June 25, 2024
For the week. Vonnie 1. 5 Million Dollars worth of savings will help contribute because this is an allcash deal. An exciting day for the industry, specifically when you consider that they have been trying to consolidate and there are so many unsolicited bids between companies, monsanto included, and now monsanto is on the receiving end. Jon and the potential of that deal is being reflected lets get you up to speed on markets. Futures where are we . Im not sure we are that saw on the dow. We will...
June 25, 2024
Julie hyman with a closer look at the Economic News coming out this morning, including Consumer Confidence. 92. 6 is the Consumer Confidence index number coming out for may. By6 uses 96. 1 estimated economists. Lower than estimated. We have a lot of data, including the case schiller number and a personal spending increase that was the largest we have seen in seven months. We have been seeing strength in some of the economic data. That seems to be feeding into the narrative that the fed could mov...
June 25, 2024
Have been performing quite well this year. We saw bond yields rise in materials on the rise. Weakness in the more Interest Rate sensitive groups today like utilities and telecoms. Lets look at some of the other asset classes. I want to look at oil prices because the American Petroleum institute reported last night a drawdown of more than 500 5 billion barrels, 5 Million Barrels. We get that data about half an hour from now. This survey is we will only see a drawdown of 1. 7 Million Barrels. We w...