Oil Inventory Data News Today

Deliveries. China is facing new tensions on two fronts. President trump prepares an executive order. Beijing slams london for interfering in hong kong. Shery lets get you started with a check of the markets. U. S. Futures right now opening flat. This after we saw stocks jumping in the regular new york session. We had broad bullish Global Sentiment as we saw the stock rally in china. The s p 500 closed higher for a fifth consecutive session. Where talking with the longest winning streak since dec...

Smartphone sales. Details about the beijing security law. Shery this is quite a reversal from the deficit we saw in the previous month. We had seen south koreas current account falling to deficit for the first time in about one year but the numbers have recovered and we are seeing a rebound with our current account surplus topping 2 million. When it comes to goods, the trade surplus coming in at 2. 5 billion for the month of may. This is quite a recovery given that we had really fallen to the lo...

From the billionaire buyer about his 240 restaurants that are back in business open once again. Hell join us later. First, over to you as we mentioned, fed chair Jerome Powell testifying on the cares act today. Lets bring in steve for more. Steve. Thanks very much, kelly the treasury secretary and the fed chairman defending the programs that are out there. The critical questions being how soon will this money be delivered. Is it going to the right people and is it enough of it out there . Poul w...

Suffering a record drop. Earning season is in full swing. Pharmaceutical giant merck topping estimates but cutting its guidance as the coronavirus pushes the rest of its portfolio to the sideline. The ceo ken frazier will join us for an exclusive interview in just a few moments kelly. Looking forward to that. Health care and tech are two of the stock sectors leading stocks lower today. Lets get to bob with a lot more for us just the fact were up three points on the s p is remarkable. This is the...

The nasdaq is higher and the s p is well. Check out the industrial names knocking 52week highs today well have much more on these moves a little bit later on. China and the u. S. Are getting closer to an agreement, it seems on the first phase of the trade deal as both sides agree to cancel some existing tariffs. We have the details such as we know them from washington. As expected there will be a tariff roll back however partial is part of this deal thats according to both speaking on the condit...

Was checking in around 6 00 a. M. To squawk box but still looking up road map this morning, it starts with a potential trade boost, stocks as you saw pointing to what would be a pretty good open at least if youre long after treasury secretary mnuchin said there is a path to a deal with china. Plus, trade head winds hitting home, fedex saying the ongoing disputes are creating, quote, significant uncertainty for its business outlook. Micron surging this morning, this on strong Quarterly Results. T...

Days. The eurodollar slightly weaker, that uptrend to seems to have been broken with a stronger dollar over g10 with the exception of the yen. Its a buy treasury single after the big selloff we saw yesterday and goldman doubling down on bullish commodity bets. I want to take a quick check on the safety Asset Classes. I mentioned dollaryen, portugal if you want to take on risk, go to portugal. The yield there is down by eight basis points with a lot of buying going across the curve over in europe...

Islands east coast. There are also reports of people trapped inside a hotel. A french prosecutor is asking for a four year prison term for a man accused of hiding killers and Islamic State attacks in paris. He knew he was harboring criminals and that there wasnt enough evidence to prove he was involved in a violent attacks. He is called for the maximum fiveyear sentence for knowing who the men were and what they were plotting. The attacks killed 130 people. Calledassanges lawyers it warned to be...

Minutes into the trading session already. Julie hyman keeping an eye on things. Reached the0, we level yesterday, closing just below it with the doubt hitting and other record dow heading another record. S p 500 at another record. Nasdaq not quite there, little change but to the downside. For thebeen ramping up anniversary of black monday, october 19, 1987 is the date we have been watching. And that is when we saw the market crash. We want to put things into prepress into perspective. This looks...

Commodities, the south american nation having success . We will speak to the incoming codirector of their central bank. Lets look at where european equities are trading right now. And a 30 minutes until the close with a lift in european shares,he stoxx 600 up to 3 10 of 1 outperforming our commodity producers and oil, and gas shares. Stoxx 600 Energy Shares heading for the highest close since january. Tracking what we have seen with oil price. Earlier, wti and brent almost 1. 5 , those gains hav...