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June 22, 2024
Extending the biggest twomonth tumble since 2008. The purchasing Managers Index was 49. 7, down from 50 in july. Anything below 50 indicates a contraction. Lets get straight to the chief asia economics correspondent, in hong kong. What does this data tell us . I guess it shows that there is no autumn out just yet in chinas slowing economy. I will say that these figures have been distorted because factories around beijing in particular have been shut down to try and clear skies ahead of a very im...
June 22, 2024
Playing at the semifinals. This was on her request for the calendar year grand slam. Only one year left to go. There was a lot of excitement last night. Much of it happened off the court. Although what happened on the court was good too. Check that out. Jimmy fallon and Justin Timberlake watching federer play. First the market news of the morning. The u. S. Equity futures. Yesterday it was a huge sell off. It was a decline of over 400 points. From the highs to the lows of the day. The dows closi...
June 22, 2024
Barrel is becoming greater. Well tell you the stocks that could benefit from oil falling that far. Thats coming up in a moment here. A new report says walmart buyers are fighting back against increased fees. Somebody says amazon is to blame for this. Shell explain why coming up. Next week one of the most talkedabout events in financial journalism, the september fed meeting. Our buddy larry kudlow will join us to tell us why he does not think the fed should make a move just yet. Looking forward t...
June 21, 2024
Reach out to republicans and make sure i am listening to them. I look forward to them putting over at a very specific agenda in terms of what they would like to accomplish. Lets compare notes in terms of what im looking at and what they are looking at. Meanwhile, Mitch Mcconnell is promising to end the gridlock in washington. Mcconnell is expected to be the next Senate Majority leader. Were going to function. The gridlock and dysfunction can be ended. Dysfunction that actually works. Mcconnell p...
June 21, 2024
Everything that the bank of mpedand does is being tru in japan equitys. That moment of deposit when you thought the machine would not work at the equity markets are opening up. Weresense in the market weve gone so far and so fast on the equity markets in terms of revival that it is time to take irontle bit of a positive ore is at its lowest in five years. Tinto down 1. 3 , 1 . Oamerican down the dollar is still pacing ahead. We are down 4 10 of 1 . Numbers, weheir will go through those. Have bot...
June 21, 2024
Than buyback shares. About 144thhutting in america. Second quarter profits it also cut its fullyear forecast. The shooting of michael brown. 47 people were arrested overnight. Holderl comes as eric makes his way to ferguson today to invest it investigate the shooting. Says he has his work cut out for him, saying the vigorous prosecution must now be pursued here it the democratically elected prosecutor and the attorney general of the United States each have a job to do. Peter cook has been follow...
June 21, 2024
Morning. You are watching the pulse. We are here in london. It is 9 00 now. We have a packed show for you. The quest for content, will be live in can we will be live in cannes. Jump, but it ditches its bid for tmobile. We will talk about that story. Is what isry happening in ireland. Lands to end the controversial double irish tax break when he gives his budget speech a little bit later. Michael noonan has been under pressure from the eu to face out this tax loophole used by companies google, ap...
June 21, 2024
When mario draghi was hinting at quantitative easing, saying he will revive inflation as fast as possible. He was saying he was not about to make a hasty decision to add more stimulus that the ecb. Yet theyre also saying the expanding bond purchases to Government Debt would face legal hurdles. Once again the voice of concern coming from germany. Bank headthe central in austria saying a steady hand ecbhat you need in terms of policy. That is why we are likely to see it a sickly flat across the bo...
June 21, 2024
We have got to keep an eye on the United States. Today we have the Federal Reserve, the end of that twoday meeting. Economists expect them to end that considerable time. Instead we will have a datadependent approach. Barclays says they may raise their forecast. This amid the currency crisis in russia, plunging oil prices. Lets check in on oil. It is in a downward spiral. 4 . Up by four it is talking down the ruble and the rest of the emerging markets. Moment,e at the currently the dollar is fall...
June 21, 2024
Talking about this qe policy. The u. S. Hedge Fund Billionaire ray dalio weighed in on the eurozone. We seem to have lost that these of sound but we will be back with it later. My coanchor, Francine Lacqua will be joining us later in the program. She will be bringing us the highlights from that panel. Easy money, tough questions. We will find that these of sound along with the other comments we had. Christine lagarde giving some interesting thoughts on when the fed is going to be raising rates a...