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June 20, 2024
Independence. And the u. S. Economy is expected to show one of the biggest gains in hiring in months in april. With companies in all sectors putting out the help wanted signs. Youre watching Worldwide Exchange, bringing you Business News from around the globe. A warm welcome to todays program. We kick off with the latest on manufacturing pmi. Eurozone, april manufacturing pmi, 53. 4, a little higher than the forecast 53. 3. The march manufacturing pmi was 53. German april manufacturing pmi 54. 1...
June 20, 2024
Exclusive. We are joined in the studio. Russian sanctions on the International Art market. Lets stay with russia. The west has hit russia with a fresh round of sanctions. sd includes Vladimir Putin allies. We spoke about the impact of russian sanctions on business. For the moment, we are investigating the significance of the sanctions and coming back to practical implications. Bp has a lot of exposure to russia. In profitst a drop today. There is a list of stories today that are making headlines...
June 20, 2024
Lightest trading day of the year. Gold rallied 1. Oil gained 60 cents. Microsoft is holding a news event today. Theres chatter the tech Company Might reveal a surface mini tablet. Oprah winfreys harpo studio is sold the property in chicagos west loop was purchased for 30 Million Dollars. And, burger king is tossing out its old familiar slogan have it your way. Bks new line is be your way. Trader glen schultz joins us on Tuesday Morning for a look at the bond market. Good morning to you youre wit...
June 20, 2024
Market. Its expected 200,000 people were added to payrolls and the Unemployment Rate will remain unchanged at 7 . The market was eerily quiet yesterday ahead of the jobs numbers. With the dow , nasdaq , s p gold and oil not straying far for the flat line. Alcoa had an earnings miss signaling what could become a rough start to earnings season. And are fortunes turning around for abercrombie and fitch . Hares jumped 15 last night in heavy volume after the retailer raised its outlook. Based on stro...
June 20, 2024
This is a major escalation by the Justice Department. Without question. It is something officials have been hinting at for the last couple of months, maybe even as much as a year. The head of the division has said there are a number of prosecutors dedicated to looking at economic espionage. Everyone tiptoes around, whether or not it is china, everyone has assumed that is the case. This is a big deal. It covers as many as five individuals with connections to the Chinese Military. The first of its...
June 20, 2024
Deutsche bank. We have had earnings. Up aancine, wrapping conference call. He will not rule in or out any capital increases. A great deal of reporting over the week, the past week they have to were inspired billion in a new shares. Revenues were down, profit was the dow. It was a beat on the numbers. Would take a closer look. Profits were down. We will take a closer look. Months, back to microsoft. With the purchase of the phones or units. Nokia have announced that rajeev suri will be taking the...
June 20, 2024
Get the talons out. Im surprised the market is holding up as well as it is. The s p off 8. Nasdaq off 25. I would say that would be an encouraging sign, correct, bill . Markets are so trigger happy at the slightest hawkish bias to, you know, to drop by a couple hundred points, we are not having one of those days but anything can happen in the next hour. An it normally does on a day like today. We have the typical stutter step move in the market immediately following the release of the statement ...
June 20, 2024
Week. You can see moving up a bit, though, of course, after hitting 2. 44 not that long ago, 2. 40 not that long ago. Still less money if you give your money to spain for ten years or france and not much more if you give it to italy. The turning report the jobs report last friday. Since then we saw treasuries sell off, yields go up. This morning the data not too hot. Lets give a look at Oil Prices Rising concerns about unrest in iraq. Perhaps the idea that the islamists are as much as only 70 mi...
June 20, 2024
To cover a british probe. Vw and renault shift into top gear. Both carmakers cite a recovery in europe. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And a historic day for wall street, the central bank announced an end to the monthly bond purchases known as quantitative easing. That helps gains and increase the feds Balance Sheet to a record. The question is do stocks continue to outperform despite no qe. But they do point out that the s p 500 is...
June 20, 2024
Shakeup. A bug may have allowed access to hackers to videos of hollywood celebrities. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hi, everybody, welcome. Good morning. Youre watching Worldwide Exchange. Are you aquake . I am. Im very awake. Day one was very enjoyable and i hope day two will be the same. Its going to be. It definitely will be the same. In fact, youve been doing more than just working here in the studio. I have been out and done a few inter...