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July 16, 2024
Joining the conversation Fox Business Network dagen mcdowell, daily caller editorinchief chris bedford, former republican candidate steve forbes, great to see you this morning. A lot to talk about, also on deck this morning former Senior Adviser for president george w. Bush, Fox News Contributor karl rove to preview democratic debate tonight. Also Peter Navarro is here this morning to talk u. S. China trade when we do have big news this morning on that and North Carolina attorney general josh to...
July 16, 2024
Would cut more than this. Alix but it looks like they actually cut more than expectations because it was 19. 75 , go into 16. 50 . It appears they did actually cut, so50 basis point it seems like it was a little deeper than even the most dovish expectations. 19. 75 , and was they cut it to 16. 5 percent. So it did exceed expectations. Alix but yet, you have the lira moving higher. I think that is never a good sign, when you have the currency moving higher when you have a 325 basis point cut. Int...
July 16, 2024
I would rather be dead in a ditch. What would the world do with further delay . It is pointless. Matt good morning from frankfurt. I am here for the auto show. One of the brandnew bugattis yesterday. All the focus in the markets today is going to be on what goes on with the china rate cut, what goes on with the Oil Situation where you are. Manus you must be in seventh heaven. All the expensive toys to look at. Place here at my favorite , the World Energy Congress number 24. One word. It is about...
July 16, 2024
Worldwide exchange begins right now. Good morning, good afternoon, good evening from wherever in the world you are watching i am Brian Sullivan. Thanks for watching. The dow has had a great run. Up 10 of the past 11 sessions. Up nearly 3 september historically the worst month of the year. Not this year. The bond market has come up. We are seeing benchmark yield deals 1. 78 . In japan, we saw another rise in the nikkei, hang seng down around 1 . We are seeing green across the screen in european m...
July 16, 2024
List of u. S. Goods that wont be hit by extra tariffs. Corn, soybeans, and pork are still on the list. Morgan stanleys ceo warns against the fed it cutting too easily and gives bloomberg his take on where rates sit now. Im very surprised. The tenureexpected to be around 3 . Apple unveils an aggressively priced set of new phones and tariffs but the Video Service steals the show. Good morning. Matt good morning. Less than a halfhour away from the start of trading. Looking for moves with those appl...
July 16, 2024
At the 10 year yield first. It continues to climb. 1. 87 . A lot of selling and bonds globally again today. We heard Bruce Bittles earlier saying 1. 90 , maybe 2 is where we are headed. We will speak with Marilyn Watson in a moment about global fixed income. The s p 500 continues to grind higher. All week it has been either flat or higher on the session. The best performer is freeport mike moran is freeport up nearly 5 . Wo bign has moved t figures this week as well. It is above 108. 04. Guy a l...
July 16, 2024
I am in for francine lacqua. Lets check in on the markets and get a quick look at what is going on. Yield see an allnew low on the u. S. 30 year bond. The long bond came down to one point 1. 90 . It has bounced back, but still, that paper is weighing on the yield. You can see that across the curve. Brent crude is rising. The nymex wti is as well. It has been a rally for oil as as u. S. Stockpiles came up better than anticipated. And gold, coming off of its highs just a little bit but very little...
July 16, 2024
And Boris Johnson. There is a lot going on in the markets we are also getting a little bit of news from italy with the new government being sworn in. Can see the pound is what we are watching out for. Overall, there is a little bit of a risk on mood when it comes to the markets. Back to the Italian Government. The one that we need to watch for is the new finance minister. Were seeing the cabinet sworn in with the same Prime Minister, that is conte. Lets get straight to first word news. China and...
July 16, 2024
We are seeing a little bit of a lift. 0. 8 . G some a lot of that has to do with a little bit of optimism when it comes to trade news. We know the conversations are ongoing. I am looking at the u. S. 10year yield. 1. 6 after a big week. Lower negative rates in europe. We will have a look at 10year yields. We will ask ourselves what the inversion meant. Oil, 55. 52. Oil rising after we had this drone attack at Oil Gas Facilities once again underscoring some of the fragility of that region. Coming...
July 16, 2024
Passes the italys president to decide whether new elections need to be called. Donald trump says he has been looking for a possible tax cut for a long time as he kicks back against the threat of a u. S. Recession. Think the word recession is a word that is an appropriate, because it is just a word that certain people im going to be kind certain people and the media are trying to build up, because they would love to see a recession. We are far from a recession. Matt Boris Johnson comes to berlin ...