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June 25, 2024
Recognizedders are universally to have had a visceral patriotism that made them love their country and fight harder for it the interest. No other Prime Ministers before or since inspired quite that same belief, and that is why people ask what would maggie do . I will return to that question in a few minutes, but to do so, describei must first and what is legacy thatcherism. If you want to understand the basic emotional drive of Margaret Thatcher, it is to be found in some words that she addresse...
June 25, 2024
Listen, please. The repercussions have been immediate. That was from earlier. Nigel faraj did something extraordinary. 15 minutes after the polls closed he emerged and i remember these were the latest that the leave campaign that he emerged and basically conceded. He appears to save the state campaign will enjoy a narrow victory and then he walked away. Now about an hour or two later when he realized that the vote was going the other way he came out and im quoting here i dare to dream dawn is co...
June 25, 2024
Exchange. Nicole lets bring everybody to speed. The Dow Jones Industrial average 453 points so youre seeing heavy selling, selling across the board, certainly in those economically sensitive areas such as financials and the like, but the lowest point today we were down nearly 540 points. That was during trading. Overnight over 800. So traders now are saiding what happens by the end of the day and while some projecting only 200300 point loss, others are worried about next week. What happens next ...
June 25, 2024
Charles goodhart. We will get on to the boe, brexit and the fed. First things first. Lets check in on these markets. After five days of losses, european stocks are swinging a touch. They are now down from 0. 1 . 1. 5 . Cks down we did see quite a lot of movement in the last five days. Dollar rising. Oil holding, i wanted to show you the swiss franc versus the euro, 109. 56. 1. 0 956. Lets get to the bloomberg first. Ord news with nejra cehic nejra Hillary Clinton has released a comprehensive dis...
June 25, 2024
Billionaire investor bill gross calls for two rate hikes from the fed as soon as march. Will september be worse than august . Good morning. Welcome. Where less than half an hour away from the market open. Let me take you to the bloomberg and show you where the open is going to be. We think it is going to be a positive one. A ftse that is up by. 5 . A cac that is up by. 3 . A similar number for the dax. Let me take you around the world with the gmm, show you what is happening. These are the marke...
June 25, 2024
We will talk about what is happening with the payroll number and what is happening with our interview with Vladimir Putin. The week oil has had . It has been shocking. We may about the idea see stabilizing in that market. A lot to talk about. You have a great conversation coming up. You have an allstar cast and preview. Alan krueger will help us. We are going to get fresh reaction from the white house with jason furman. Alex a positive tone into the eight 30s jobs. You have to look at where inve...
June 25, 2024
Moves. A summer a very small moves, we have resumed normalcy once again. You are looking at some sizable moves in the s p. Oliver its a good reminder that normalcy is volatility. That is kind of the way it supposed to be. This board might be a positive. We have been looking for interest stock relations to break down. At the moment, this is pain indeed. Were looking at the dow jones. Everything from the biggest stocks to the smallest, everything is in the red. Its in the red by quite a bit. Small...
June 25, 2024
It did drop from a nineyear high. That is the perspective that we have on that housing data. ,ome sales, the smaller portion the larger portion. All three averages were already trading lower, pulled down by Deutsche Bank and some of the other banks coming out of european trading. Youre going to get more detail from mark in a moment. The twoyear yield, we have been watching that as well in the wake of this report. It looks like it is Holding Steady down a basis point, 07. Oint 0. 74 the dollar sh...
June 24, 2024
We are reunited and stocks are up, what a difference a day makes. It is a two day gain since 2011, banks are up. I wonder how long it will last. Guy i spoke to a number of people this morning and they do not think this will last until the end of the week and that it is a kneejerk reaction. That was certainly the view that was held. Francine lets get to the bloomberg first word news. A global stocks extended their rebound to kick off the week, gaining traction amid losses that a their market was ...
June 24, 2024
Headquarters. I am Francine Lacqua straight to the markets because they have been hoping for an hour. Stocks overall dropping. U. S. Stock indices are on the downside. Oil and copper falling. We have report showing that it is slowing slower than expected. U. S. Treasuries are rallying. Lets get to first word news with nejra cehic. Nejra german Industrial Production jumped more than forecast in germany. From december it climbed 3. 3 from december. European Union Leaders have its toward an agreeme...