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June 23, 2024
Surprise from draghi. We were expecting so much andriy the bets are out. Onld we see a squeeze higher the back of any disappointment . That is what we were warned about. Gold, how low can they go . It is the lowest since february 2010. We are ready for a rate hike in the United States. We see significant rallies in the dollar overall. Lets look at the stocks to watch in europe this morning. Lets step away from the Central Banks of focus. There were interesting stories out there. Green light in a...
June 23, 2024
Thrashing. Stocks jobbing the most since august. The euro soaring the most in five years. Manus the question is, this is yesterdays move. A rally about 3 . The biggest move since 2009 when the fed said they would buy 300 million off the treasuries. The question i am asking is, is this euro drop me euro rally debt . Bed . Dead . Anna we have the jobs report of the u. S. How week with that number have to be to keep the fed from raising . Manus we go for an Unemployment Rate of 5 . Yellen has given...
June 23, 2024
You are listening to janet yellen. Earlier today, mario draghi. Ecided to cut the deposit rate joining me now is Michael Mckee. Michael she made the same point she made yesterday, the economy you wouldo the point want to raise rates. Unemployment is close to its neutral rate. She made the same point to congress that she made to investors yesterday. The sed cannot the fed cannot afford to wait longer. Heres what she had to say. Betty we do not have that available. Michael if they wait too long, t...
June 23, 2024
California will not rule out terrorism as motive for the shooting that left 14 people dead. Not far from the center for the disabled, the citys police chief spoke last night. We initially put out that we have information that there were now,ds of three shooters, when we get the witness statements it looks like we have two shooters. We are comparable with the two shooters we believe went into the buildings are the two shooters that are deceased. Vonnie the suspects are identified as syed farook a...
June 23, 2024
Manus we turn to this on quite a frequent basis, but it is worth mentioning we are below 35 on oil. Stock crude is the highest since the 1930s. Commodities are getting crunched. Highan sachs is warning risk that the prices may even sink further, before we see a contraction in supply. And we are reaching our storage limit, according to the story this morning. If you are wondering about 6 aboveti is about the 100day average. Anna that is interesting, tying into what the fed this week to what they ...
June 23, 2024
Koran. So by early indications it may have something to do with islamic extremists. Its especially big news in france today and the language of mali is french. Its a french territory. The forces went into mali just two years ago to try to clean things up after jihadists had taken control over the northern part of the country which i think is mostly dessert. I think everybody lives in the south. Michelle joins us from paris right now where im sure this everything seems the world seems much smalle...
June 23, 2024
Ifo institute is saying that current condition index 113 for november versus a Consensus Forecast of 112. 4 so even on the Current Conditions beating expectations. This is after we got a break down for germany this morning. Once again growth was confirmed at 0. 3 and it seems as though this is a domestically driven economy. The german consumers rarely coming to the rescue with that part of the economy bumping up growth by 0. 3 but we did see weakness in Corporate Investment and exports. Net expo...
June 23, 2024
David cameron holds Good Progress on reform talks but theres still more work to be done. Really Good Progress has been made but it is going to be tough because we are attempting something really difficult. That is to renegotiate our position at a time of our cho e choosing. The worlds richest footballer investors 40 million into the Boutique Hotel space. Ronaldo telling us in an interview why hes taking a stake in the hotel empire makes sense to him. Football is not for the whole life. I want ot...
June 23, 2024
Closely. Crude is back below 37. There hasnt been a rate hike since 06. That decision will come out at 2 00 p. M. Eastern time. Chair yellen scheduled to hold a News Conference a half hour later. Cnbc will bring you complete coverage of the big fed event. Reminders of where we were on pop culture on june 29, 2006. Its been a long journey. Its been a long journey this year as we agonized about whether or not they would raise rates. During the course of that year, the stock market is basically mor...
June 23, 2024
Come in recovering from the effects of the financial crisis and the great recession. The San Bernardino police force says terrorism is not ruled out in the motive behind a shooting in california that left 14 people dead and 17 wounded. Based upon what we have seen and how they were equipped there had to have been some degree of planning that went into this. I dont think they just ran home and put on these clothes and grabbed guns and came back on a spur of the moment thing. We have not ruled out...