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June 28, 2024
C is for costs. Out for that falls on concerns around advertising spending. Ads, will they eat into profits . Hour less than half an till the european open. Lets look at how futures are trading. We have green arrows across the board. The strongest gain on equity Index Futures is in london. The ftse there am a futures trading up. 4 . The frankfurt trade, a point dax futuresain. 2 . Not a lot of Movement Today as there wasnt yesterday, either. Yields hovering around the 0. 5 level. Right there rig...
June 28, 2024
The grease fiveyear bond should price sometime today. What will that price be . The vix lower on the day. David time now for your morning brief. General motors and caterpillar will release their earnings later today. The home prices for may will be out. And we will get july Consumer Confidence data. Alix thank you. Companies in the s p reporting this week. Here is where we are stacked up so far taking a look at sales and Earnings Growth. Top is sales growth. The bottom is Earnings Growth. Blue i...
June 27, 2024
Tracy im tracy alloway. Riyadh. You are in that is not your normal place. What are you doing here . Are not here to look for oil barrels. The story here is about the Stock Exchange. They have the biggest Stock Exchange and they are pushing ahead wiith the series of reforms. Part of it is to make it deeper. Part of it is to perhaps repair as well for the delisting of saudi aramco, but also to diversify away from its dependence on oil. The new parallel market they are is arabichere, tracy, for gro...
June 26, 2024
While treasuries and gold fall. Welcome to bloomberg daybreak. The Dollar Strength playing out. Lets put prospective for you. Rate of change. These are threeweek moves, all the way back, 21 years. That is how big the move has been. This goes all the way back to the year 1995 when he and was trading at a 102 against the dollar. Trading at 102 against the dollar. Lets show you some of the other asset classes. Haveryen, currently 113. 39. At it rose five basis points overnight. Gold, 1178. Pressure...
June 26, 2024
Monte paschi get more time to complete its Capital Increase . And finally, when court and Qatar Sovereign Wealth Fund join forces to purchase an 11 billion stake in rosnet. Is Ivan Glasenberg back in deal mode, matt . Matt absolutely fascinating story, that. Of course, Global Markets are going to be captivated by mario draghi, but it what deals are going on in oil. At 1 45 p. M. Local time in frank for and at 2 30, when he holds his press conference. The three main things to Pay Attention to fro...
June 25, 2024
Inflation is heading back to its target level. Today, thats exactly what it got. The Consumer Price index, the prices americans pay for goods and services, rose 4 last month, the fastest rate in three years. It could be a sign the economy is regaining some steam and it could give the Federal Reserve just what it needs to raise Interest Rates again at potential leanne earlier date than wall street expects and thats exactly what the markets did not like. The Dow Jones Industrial average dropped to...
June 25, 2024
Inflation is heading back to its target level. Today, thats exactly what it got. The Consumer Price index, the prices americans pay for goods and services, rose 4 last month, the fastest rate in three years. It could be a sign the economy is regaining some steam and it could give the Federal Reserve just what it needs to raise Interest Rates again at potential leanne earlier date than wall street expects and thats exactly what the markets did not like. The Dow Jones Industrial average dropped to...
June 25, 2024
Prices are rising and that inflation is heading back to its target level. Today, thats exactly what it got. The Consumer Price index, the prices americans pay for goods and services, rose 4 last month, the fastest rate in three years. It could be a sign the economy is regaining some steam and it could give the Federal Reserve just what it needs to raise Interest Rates again at potential leanne earlier date than wall street expects and thats exactly what the markets did not like. The Dow Jones In...
June 24, 2024
Worthless . At first. You said process a step at a time. Then your republican leader mcconnell advise you not to hold hearings. When joe biden was still a senator in 1992. And George Hw Bush was president. He seemed to advocate for letting a justices vacancy wait til the next president. That never actually happened. But if biden hadnt said that. Would and we are a step closer to picking the next president. Today is super tuesday. Voting is well underway in a number of states, with others still s...
June 24, 2024
Super tuesday. The biggest day of contests in the race for the white house so far. Whos coming out ahead. And who may be closer to dropping out of the race. Plate debate. Why some iowa lawmakers want to get rid of the license plate on the front bumper of your car. And why others dont like the idea. Investigation interference police say the leader of the university of iowa Campus Police force refused an officers request to pull over last summer. What police were looking for. And why they said he ...