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July 16, 2024
To combat health risks of ecigarettes. The big question, should they be out loud completely . That and much more on making money. Charles didnt take long, folks, look at your screen. Wheres connell . Now the consensus is the fed will cut Interest Rates by quarter of a person. Maybe two more rate cuts this year. Dont forget about trade talks with china. Theyre ramping up. More positive tone. Speak of positive, Economic Data has been coming in fairly strong. A lot to discuss. So lets bring in well...
July 16, 2024
And then in europe youre going to see equity futures there also to the upside this morning, gains across the board of better than 1 . Its up a third of a percent and stocks in italy up by 1. 5 breaking news happening moments ago, hong kong leader has now announced the official withdrawal of the extradition bill that sparked months of mass protests there its one of five demands including universal suffrage in the citys elections it sparked a late night rally in hong kong with stocks closing highe...
July 16, 2024
Treasury market, youll see the ten year right now is yielding all the way up at 1. 829 30year back at 2. 3 so some much higher levels of yields than weve been used to in recent month. Our top story, a series after attacks that took place over the Weekend Energy prices are soaring. Wti crude at 59. 55 brent at 65. 60 Big Questions for the future of the aramco ipo airline prices, all sorts of things Brian Sullivan is covering the huge moves in the oil prices in houston. But we want to start this m...
July 16, 2024
Here. Good to see you. Payne Capital Management president , ryan payne and fox business deirdre bolton. Good morning. Happy monday. Here we are ready to go. Dagen ive got cooler head, what i wrote down on my folder as i watched comments about a Angela Merkel and President Trump about the trade situation. Last week we saw the dow sell off, more than 600 points as more and more investor were worried about the u. S. And china not to be able to be on the same page in some sort of way, create a frame...
July 16, 2024
Good monday morning. Welcome to squawk alley. Obviously watching the dow down 142. Oil is the story of the day. Prices surging following attack on the Worlds Largest Oil Production facility in saudi arabia, disrupting the Global Supply of crude. Brian sullivan in houston with more on this hi again, brian. Reporter hey, carl, good morning. Playing a little zeppelin rock and roll there the market is rocking and rolling. So many effects from the attack, moments ago the u. S. Telling saudi arabia th...
July 16, 2024
Misses expectations. Casp casp the ceo the tariffs are entering into the game. It will be a loselose for companies and regions. Best in a decades. Zurich hales a strong first half and strikes a bull iish tone on the outlook. The ceo says cost cuts have begun to pay off the change in portfolios in Property Casualty and we continue to shape our life portfolio to be neutral to the Financial Market situation and to provide risk coverages to our customers. A warm welcome to street signs. It is thursd...
July 16, 2024
Green arrows across the board in europe the dax is up by 0. 3 . The cac adding 1 . The focus again today, because yesterday it was the fuel for that whipsaw action, treasury yields, 1. 727, much firmer than what we saw yesterday. We saw a low of 1. 595 we had record lows across the yield curve. Thats worth noting. A lot of strategists saying we could test 1. 35. Beijings central bank setting the official reference rate for theyuan to the weakes level in a decade. Eunice yoon has more on the midp...
July 16, 2024
Predicted every last recession weighs in. Now to Edward Lawrence at the white house, on the trade front where things stand. What is going on there . Reporter looks like better than expected numbers coming out of china helping markets today. China says their exports have increased 3. 3 from june to july. Surprise with some with escalating trade tensions. Export numbers deficit from the United States has shrunk 2 billion from june to july. It is still a huge number, look at yeartodate. It is 168. ...
July 16, 2024
Strong considering the fact you have a 3. 7 Unemployment Rate wage growth well contained, that raises the possibility that we can take Unemployment Rate well under 3 1 2 , before we run into a serious problem, with pricey inflation labor market may be tight but not overheating in a sense that is poses a threat cheryl big show this morning, Fox Business Network dagen to price stability maria okay, all right you are not worried about all of mcdowell, moodys capitol john this you think the economy ...
July 16, 2024
Im Brian Sullivan its going to be a very busy day for the markets and your money the market still digesting and reacting to the news that President Trump will slap another 10 tariff on the remaining 300 billion in chinamade goods not already subject to taxes that goes into effect september 1st. Its also the first friday of the month, that means its the monthly jobs report day, which, if its very weak, could press the fed to maybe cut rates again in september thats if that number comes in soft th...