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June 25, 2024
Corn futures are adding to gains as a result in chicago trading. This is a crop report. It includes Crop Production numbers. It raises the winter wheat out as well. There is a result corn crop cut. It sees a lighter supply estimate for soybeans. This is overall in the world. ,orn and soy in wheat forecasts at least for coin in soybean, its weaker than expected. Its higher when it comes to wheat. We is little bit more surplus. The weather has been an issue. Potential hotter summer down the road. ...
June 25, 2024
That stand out to me are that tossures were modest moderate, basically that there was no movement in selling prices. Reallyation has been modest. Inflation pressures have been very modest. We have full employment, and this is really taking time for wage pressures to start building, which should be a game changer this year because as people see labor shortages and wage pressure should build for more and more u. S. Workers. David i remember the last time deja vu came out, words of the day were mod...
June 25, 2024
This is bloomberg surveillance. Francine the clot, tom keene in new york. The currency moves Francine Lacqua in london, tom keene in new york. My number one message is that markets are on the move. You do not see it in equities. Bonds,om equities, currencies, and oil are a jumble not lows but nevertheless markets on the move. Bp,cine when you look at the refining margin is nowhere to be found that they are sticking to the dividend. Lets get to the bloomberg first word news. Bernie sanders suppor...
June 25, 2024
We are getting a headline from it is a of japan and significant number because it is double yesterdays amount. We are seeing bank of england and bank of japan. Are we seeing the limit of what they can do . Tom i am kind of amazed. Francine, it is the most interesting day and then we go into the jobs report tomorrow. Everybody will recalibrate. Theve one item that shows central bank dysfunction that you talk about. Francine if we compare, which i know we will do. Mark carney on the speech june 30...
June 25, 2024
Suppliers are preparing for big orders of the iphone 7. Plus, tim cook is finishing up that big trip to india. Well have details. Catchy tune. Meanwhile, bowing inking an 11 billion deal. With the arms embargo lifted well tell you what other defense stocks could be affected by this as the president continues his affect through vietnam. A big win for bank of america and the Justice Department. Theyll no longer have to pay 1. 3 million for a countrywide mortgage stamp. Lets start with the gains fo...
June 25, 2024
Shanghai hanging in there. Higher by about half a percent. European equities, of course, this one often the last week or so has been the tale how we begin the trading day. Ftse might be down. Spain ibex down one and a quarter. Interestingly was in positive territory. 6522. It is higher than before britain voted to leave the eu. Take a look at crude, wti down about a 133. Natural gas has been rallying this year down about the same amount. I want to thank you for being here. Bern stooen was a merr...
June 25, 2024
Ended after a robot, like the one were about to show you on our screen, armed with an explosive was able to kill 29yearold micah johnson. Now, while its revealed that the killer was planning to use bombs of his own, weve got the ceo of an uberhot robotics company. And here is the question, folks are we witnessing the rise of the row bow cop . Rob with ocop . And donald trump making his first comments straight from the campaign trail. Our Political Panel on how the issue will face the race just o...
June 25, 2024
Targeted inside of their home. It is a case of mistaken identity. You know who these people are . No. I answered and they burst through our house. And with no time to spare. Go, go go. Strangers become heroes to rescue a man penned beneath a burning suv. It is all happening now. But we begin with with donald trump adding another primary win and Hillary Clinton fails to stop Bernie Sanders momentum. I am jon scott. I am Melissa Francis in for jenna lee. Donald trump is expected to mote with forme...
June 25, 2024
Average of the three. European markets this morning, lets take a look. We are in the whoa. Gave us a few more there. Look at that. They added italy and spain. Getting a little creative there in the old production booth. Thanks, guys. Always wanted to know whats going on there. But the three we look at are all down and there is the 10year note yield at 1. 52. Crude hanging there above 42. It has for the last few days as you also see brent. Lets get to our road map this morning. And it starts with...
June 25, 2024
Jobs growth was Strong Enough to keep the economy growing but not Strong Enough for the fed to raise Interest Rates in september. The s p rising or tenths of 1 4 10 of 1 . You can see Even Health Care was again or which has been down all day long. Becauses led the way the fact that people think there will be no Interest Rates increase makes them more attractive. A lot of interesting things to talk about. Here we see both ticking higher on the day but they had both been lower after the jobs repor...