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June 21, 2024
Heard got a new round of stress tests coming out at 4 30 p. M. Eastern. Those results are what investors in the financials and, frankly, in the broader indexes have been waiting for. Will banks be able to up jury dividends, return capital to shareholders and should they . The results could move the bank stocks big time in either direction. This used to be the biggest dividend paying sector of the market. Well have the results and the fallout to you first. Leading up to it they have been pretty s...
June 21, 2024
On sale. It says 62 of buyers purchased the less expensive sport model which started 349. Weve been talking to analysts in the last half hour about all of this. We may get numbers from apple themselves. In global news, chinas exports charge dropping a larger than expected last month. Stocks in china rallied today as the weak data added to expectations that the government will unveil more stimulus moves and speaking of china the world bank is trimming its growth forecast for the developing east a...
June 21, 2024
They rise for 20 straight months with all major markets showing growth. Asia markets take their queue from a record close on wall street and the promise of chinese reforms. The shanghai ending with the nikkei at a three week high. Welcome lets get straight to markets and the euro in particular which was soft yesterday but markedly soft today. Took a big leg down about half an hour or so. You can see its 1. 118. Down 1. 2 . This came after the ecb board member expressed concerns about the repetti...
June 21, 2024
Controlling share in british retailer new look. Welcome to the show. The hang seng has been rallying lead by a spike in property stocks but analysts are still looking for an explanation for the pop. Speculation of a tie one hong kong and the shenzen was boosting equities. Lets get out to sri live in singapore with more on that story. Catching a lot of traders by surprise here. This move in the hong kong market. Yes. Were trying to get more clarity on that but the Hong Kong Exchange pretty conclu...
June 21, 2024
Tourism group says profit targets are on track and take steps to simplify its business. The shipping giant trades lower as the volatile crude price weighs on the business. This despite posting a First Quarter profit beat. Welcome to the show. Im seema mody. Italys gdp number just growth beating expectations of 0. 2 . This following the pick up in frances growth. Better than expected gdp numbers out of italy up quarter over quarter. Seems like aided by oil prices and weaker currency helping italy...
June 21, 2024
The office . Asking for a friend. Obama actually returned good question bill clinton. The handle comes with the house. Know anyone interested in flotus. President obama picked up his first 1 million followers in a few hours. Ive seen other accounts that hes had. This is the first one at potus. Its cute. What happened in ramada yesterday . The fall of ramada. I saw this last night. I saw quite a bit of news on this. Where is that . Iraq . Iraq and its very close to baghdad. They have them too rig...
June 21, 2024
Mario draghi considered confidence in europe something not heard in a while and massive Bond Buying Program will begin in just a few days. Today, reaction was in the currency market as the euro fell below the level for the first time in 2003. Details on draghis plan from the European Central banks meeting in cypress. Finally, going to start the Quantitative Easing Program. It will be next monday. And we also know now that the ecb is also going to buy sovereign debt with negative yield. Apart fro...
June 21, 2024
Mario draghi considered confidence in europe something not heard in a while and massive Bond Buying Program will begin in just a few days. Today, reaction was in the currency market as the euro fell below the level for the first time in 2003. Details on draghis plan from the European Central banks meeting in cypress. Finally, going to start the Quantitative Easing Program. It will be next monday. And we also know now that the ecb is also going to buy sovereign debt with negative yield. Apart fro...
June 21, 2024
Goldplated Employment Contract be a thing of the fast . We will take a look at how things are going for 51 of the population that are not men. More on that on the way. But first our top stories. Anchor you witness reports say militants have set fire to oil wells outside of the town of tikrit. They are trying to block air raids. It is now day four of the move to take tikrit from the Islamic State. The drive from the army into the sunni area has provoked fears it will only deepen religious divide....
June 20, 2024
Im kelly evans at the new york stock exchange. Im bill griffith. Doesnt look like third times going to be a charm. The financials, which had done so well, bank of america yesterday with a stellar report that pushed it higher. Today, Goldman Sachs and citi disappointed with their earnings and the financials are lagging this market and leading it lower. President dow was down 105 points at the low. Now were doing 68. Thats right. We have goldman down about 2 at last check. Citigroup off about 4 . ...