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June 22, 2024
Week in the futures market. The nasdaq would be down about 10 102 points and this comes after the dow closed in triple digit negative territory yesterday despite a big spike in oil. We did see another negative session in asia. Of course among the big reasons, new Economic Data showing chinas Manufacturing Sector contracted last month. It contracted at the fastest pace in three years. The official number contracting for the First Time Since february. You can see how the Chinese Markets are he rea...
June 21, 2024
Japan are trying to rebuild from the march 2011 disaster with a drink thats naturally sweet. Government leaders in hong kong and prodemocracy students have agreed to hold their first formal talks. But the protesters dont like whats on the agenda, and they say they wont go home until they get what they want. The protesters, mainly students, have been on the streets for more than a week demanding democratic elections. The two sides agreed to start talks friday in a location open to the public. Hon...
June 21, 2024
There is divergence with the rest of the economies. You have china cutting rates and the ecb buying bonds. All of this is to inflate the global economy. You have the United States starting to rain back and increase Interest Rates. That is on every investors mind, as is greece. We have the ecb and the imf to getting talks in brussels and creditors going over to athens tomorrow. Lets have a look at the effect on the currency market. It was the first to react to the speculation on the reserve raisi...
June 21, 2024
They were looking for a 9 rise. Imports fell 12. 7 . Estimates were for 8iron percent for a 10 fall. That is most likely due to falling Commodity Prices driving down the value of imports. That brings the march trade surplus to just over 3 billion. Given that 60 billion dollars surplus in february, economists were looking for about 60 billion. Economists say the march drop is due to that timing of the Chinese New Year. They say the International Market demand is weak. Export orders are falling an...
June 20, 2024
Even under the currently contrived arrangements. Not as a satellite, but nonetheless, the eu should encourage whatever additional arrangements are feasible. And we should be exploring ways, if there are any, by which the wto could help to expose economic intimidation which is not in keeping with its rules, and communicate it sense of concern to the party responsible for generating it. Perhaps there could be some steps taken to facilitate preferential access for ukrainians seeking to study and wo...
June 20, 2024
More pro growth policy. Deflation over weak demand. And bah humbug. The uk retailers are disappointing sales sent morse onnis and tesco sales down to the bottom of the stoxx 600. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello. Very warm welcome to todays edition of worldwide exchange. Plenty to get through. Its dday for some of southeast asias emerging markets as they size up the u. S. Quantitative easing. Well get the latest from singapore i...
June 20, 2024
An effort to bolster the economy. Iraqi forces have launched counterattacks to halt the advance of islamist militants. The militants have swept through northern iraq, and are vowing to march on to baghdad. Iraqi commanders are determined to stop them. Nhk world reports. Reporter the militants have captured iraqs second largest city of mosul and other cities. More than half a Million People have fled their homes. Tents have been set up as more and more residents try to escape the violence. Transl...
June 20, 2024
Dont get me wrong. Ive seen it work firsthand. Ive been a strong advocate for this program. However, we have had results of a gao study that are less than favorable. Gao recommends that tsa limit future funding for the program so an accurate study is completed using behavioral indicators to identify based on tsas own plans it will be at least three years before they can begin measuring the effectiveness of spot. Im that tsa disagrees with the gaos findings and i look forward to hearing that. And...
June 20, 2024
Issue basically in france right now, 11 unemployment. Japan suffers the first negative effect of the sales tax hike in april. Retail sales in the country fell at their fastest pace in three years. Youre watching worldwide exchange. Bringing you Business News from around the globe. A warm welcome again to todays edition of worldwide exchange. Lets get to one of our top stories straight away. Apple is buying beats electronics for 3 billion to boost its music business. Streaming services encroach o...
June 19, 2024
Showing a continued slowdown. Of it over to Stephen Engle in beijing with the latest. A very good morning to you. What are the numbers telling us . You said it. The Economic Indicators from the weekend and generally from the that 7. 5 ths, missing growth target for the full year. Does that really matter . I will get into it. His options have definitely narrowed, stimulate, or you are probably going to miss that target. We have the weakest growth since the Global Financial crisis and the data rel...