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July 7, 2024
Citing the threat of Foreign Military intervention. They claim to have information a foreign power is preparing to attack. It comes after the expiry of a sunday deadline from west African Regional bloc ecowas, which demanded the coup be reversed. The group now plans to hold an Emergency Summit on thursday. Bbc correspondent chris ewokor is following the story from the neighbouring nigeria. It is one day after the expiration of the alternation given to the coup leaders by ecowas to reinstate pres...
July 7, 2024
Of the Global Economy given so many countries do so much trade with china. Chinese Government Data shows that the value of exports fell 14. 5 compared to the same month a year ago. That suggests the rest of the world is buying less stuff. The value of imports also fell by more than expected, down 12. 4 onjuly a year ago. But that partly reflects a fall in the price of commodities such as crude oil. The figures will concern chinas government, who are grappling with economic growth. The quarterly ...
July 7, 2024
Among the injured are at least 19 police officers, five rescuers, and a child. The head of the Donetsk Region said the strikes damaged a hotel as well as shops and administrative buildings. Meanwhile, ukraines Intelligence Agency announced that it arrested a woman in connection with an alleged assassination plot against president zelensky. The woman was allegedly preparing a russian airstrike in the mikolaiv region during mr zelensky๏ฟฝ s visit to the area. Our ukraine correspondent James Waterh...
July 7, 2024
Make no mistake, no summer doldrums. Make no mistake tina crushing it. You heard we have powerhouse earnings this week as well as a jobs report. The question, are they tapped out . Have as aspirational shoppers run out of cash. Subway sandwich want their cut of Consumer Spending. You will not believe the outlandish offer theyre making to customers. While sandwich shops, small banks are bending over backwards, americans are saying thank you may have another with piddling offerings from big banks....
July 3, 2024
Some can dominate others and submit them to the wishes election. China knows what its developing. Russia knows what its developing, like, and they have shown, contrary to other countries, that they did not come to impose anything. Its obvious that washington is on a side of this powerful friendship. So adding even more countries to the list is definitely not great news for the us. Thats why they even came up with a new applicant policy. So talented china and ross has presence in the continents. ...
July 3, 2024
We got this weak Gross Domestic Product number, just 1. 6 growth anemic and a surging inflation number connected to the gdp up 3. 7 . Bad combo. Which is why the dow tumbled 375 points s p lost. 46 . Nasdaq dropped. 64 . Ive got to tell you it was much uglier at one point today. The dow was down almost double where it went out. As we heard all day about the Slower Growth and higher inflation and that meant the dreaded term stagflation and that environment is toxic for stocks the house of pain on...
July 3, 2024
Through with pockets of fear. S. A. P. Shares bounce. The ceo outlines how integral Artificial Intelligence now is to that business. We are embedding a. I. Until the center of the Business Models of our customers to deliver immediate results. Our customers are paying for what they are using. Our model is flexible. Swiss pharma giant novartis boosts its guidance with the net revenue jumping 10 in the First Quarter. Our u. S. Colleagues will speak to the ceo later on today. And renault confirms th...
June 30, 2024
Traders barely blink but on the underpricing the risk . A merrier christmas than expected. Beatlothing chains sales projections. Is the british consumer down but not out . Lets talk about these markets. Lets figure out we can expect here in europe. It was a solid story in the United States. Maybe we saw it started to be pricing in in europe. Looks like the dax is going to open reasonably positively. Ftse is going to have a fairly solid start as well. Indicates we could be out for 5 on the beginn...
June 30, 2024
Lacqua in london. Bonds marketsd are closed for this Martin Luther king day. For our american viewers, happy holidays. A little pressure coming from some of the earnings. Without a doubt, these data points come from china. Which is why i am looking at the chinese data, filtering to the y uan. Eurodollar, 1. 2230. Euro strength, dollar weakness. Will that continue and when will it hurt european exports . 60. 25. Brent, 70. Airbus joins us in 30 minutes. They could check on the a38 if there are no...
June 30, 2024
To tap into chinas 40 million on Offline Stores. With its new platform. Betty yvonne, no action here in the u. S. , of course because we are closed for the commemoration of Martin Luther king. Marketsties, the bond are all shot and the currency markets of course, continue to remain open. Shut for the day. It depends whether we will see a government shut down and how that will be priced into the equity markets when they open tomorrow morning. We are definitely watching commodities closely, and cu...