Oil Weakness News Today

500 infotech index up 48 , and the energy index was the least best performer. It still was up, though, which tells you how much these markets were looking for good news. The second best performer, Consumer Discretionary in the s p 500. That includes home depot to amazon, ebay, even general motors, so really across the board, it was a good year. For more on the markets more broadly, we are joined by ing head ofvey, global debt and rate strategy. We widened the curve with a bit of steepening going...

What we have seen over the last several hours is the intensifying of the rhetoric on both sides of this issue u. S. Secretary of state mike pompeo coming out and attacking tehran saying they are responsible for what happened to these two tankers off the coast of the uae, off the coast of iran right in the middle of that gulf of oman earlier today this is the story, of course, that we have been tracking since around 6 00 a. M. Local time and it is after 1 00 a. M. In the persian gulf and lets lis...

Of trading sessions for the bloomberg dollar index. Right now we are off that a little bit. You can buy 145 yen for the u. S. Dollar right now. That is the sign of its strength. Take a look. Crude has climbed steadily. John, what are you watching . You are right that oil weakness is leading to the weakness in energy stocks. Willingness to move back into tech can be seen in names like nvidia. They are at the top in terms of percentage gains. You are seeing that trend with canadian steel stocks ri...

Ride still means it is far too early to say hello. Welcome to bloomberg daybreak asia. I have some breaking news. South korea data coming in. Gdp numbers first. The final reading of the Third Quarter readings. They have been quite bullish in the preliminary numbers driven by exports growth out of south korea. 1. 5 are the final numbers, slightly better than the preliminary figures. Also, above what the preliminary numbers werent that were reported earlier. Inflation also coming out pretty tepid....

Respond . How will the sector trade at the open . The rally rolls on. The hang seng trade, a record. Oil is trading close to a threeyear high. Brent, 70 per barrel. The boss said he will double profit in five years by selling more jeeps and ford goes in, planning to invest 11 billion in the electric vehicle. Matt a lot going on in the car sector ahead of the detroit auto show. 30 minutes from the start of european stock trading. Futures, up across the board. Looking at well, that is an interesti...

The new estimate does not take proposals. T other the russian president Vladimir Putin says he hopes for normalization of relations between his country and the u. S. President putin made comments on the annual tv call in show at among other topics coming the former fbi director james comey has not provided proof that russia influence last years u. S. President ial election. List ofo getting its demands from saudi arabia and the united arab collate and turkey are acting as mediators between cutte...

Hsbc names mark tucker as the new chairman. The shares jumped the most since december. And the fingers on the trigger. British Prime Minister theresa may is poised to invoke article 50 and start the Brexit Process as early as tomorrow. But is sterling oversold ahead of brexit . Matt guy, we are less than half an hour away from the european cash open. Lets take a look at where the futures are trading right now, pointing to very slight gains, very slight. Is the cac, gain but otherwise the dax is ...

His ideas into the democratic platform, but what impact will that have on the economy . Former white house economic adviser laura tyson who served under bill clinton will join us coming up. And one thing both the republicans and democrats seem to agree on this election is breaking up the big banks and bringing back that gla glass steagall law. We have somebody who says glass steagall is not to blame for the financial crisis. Lets start with apples big reveal on earnings coming up in about an hou...

14 million in cash. Stock is jumping on the news. Viacom saga is ending. Philippe dauman out as ceo and kobe bryant can add Venture Capital to his resume. He will join us later this hour. Futures in Oil Moving Lower with Interest Rates and Janet Yellens upcoming jackson hole speech on the minds of investors a long way between here and friday, jim, but enough to keep us busy. There is actually a lot of corporate earnings. We just did nothing that people that jumps out at people. I look at workday...

Weve got inventory numbers that indicate we have oil coming out of our eyeballs. How much . Total petroleum rose to 2. 1 billion barrels. Were being flooded with crude from overseas and still pumping here. Weve found a triple off the bottom. Theyve found out how to get more out of the ground than they could two years ago. In the last 18 months it should dazzle silicon valley. The reduction of Oil Consumption because of newer and more investors must presume there must be slackening in demand due ...