Ready Oil News Today

Terrible composite pmis from the region. Oil continuing that recordbreaking rally yesterday. Some delegates a little bit more optimistic about getting deals done. Now i want to update you on our top stories from our new york team. We want to begin with europe. Thentioned the economies in slump of unprecedented scale, pointing to a contraction of about 10 . Bloombergs Michael Mckee joins us with more. Good morning, mike. Michael we are getting to the point where Economic Data are almost irrelevan...

Economists were expecting at least a 4 . Property investment is a sore point, still eight. 5 down. Worse still 8. 5 down. A slight pickup in the jobless rate. I cannot seem to find a be. It seems like a miss across the board on activity numbers coming through. We are still waiting on some other numbers. In some ways we thought this would be soft but not this soft but the rate cuts in the seven day. Markets are not really reacting as much. Yvonne currency continues to be something traders are ign...

The power is out on the country. Its a Black Mountain like, oh this, it was a little lock outs. Are serious. We hope they never happen, but they could my boss, the income, the its a blackout. How say you over not you, are you for a long time, more and more people in germany fee of this, Alexander Holland house and that has no fits. He sells backup generations. Demand has been growing. And not just since the start of the war, new crying we get from life. Its why im going to states in the past 2 y...

With Nuclear Weapons, we are not the only ones talking about it today, my name is iryna sisak, and we are starting. A drone attacked the gasprom naftohim Salavat Oil Refinery in beshkyria, russia. This was announced by the head of the republic, radii khabirov. As a result of the attack, a fire broke out, Emergency Special services went to the enterprise. Now, according to khabirov, the plant is working normally, the source informed. Svoboda reported that the drone belonged to the Security Servic...

The next sixty minutes. In syria captures the moment a suspected russian ass strike hits a camp where families are sheltering. They sound another scandal which began in a Dairy Factory in france spreads to more than eighty countries. Also marking seven years since the arab spring into this year we look at why the same issues are still getting people out onto the streets. The good old. Times you know and why the legend of johnny cash lives on in some of americas toughest prisons. Welcome to the n...

And less cash in home buying and lender underwriting. Weve talked a lot about some loosening in the market. More adjustable rate loans and even interestonly loans coming back. Freddie mac made some changes when it comes to student low debt as well. That should give branks and nonbank lenders a boost in earnings for the year. We actually have more housing data out today. Mortgage makeses edging up ever so slightly 0. 1 last week but existing home sales, thats where i really want to focus in on be...

Interviews coming up over the next couple hours. Have ago. Francine we have a lot of earnings. Descalzi,o, claudio about 10 minutes from now. Accors ceo will talk to us at about 10 30. Stay tuned for all of this. Manus shell is cutting 6. 5 thousand jobs, reducing investment by 7 billion. This comes as the slump in crude oil prices continues to take its toll. Francine the company is planning for a prolonged downturn despite an earnings beat, reporting a secondquarter profit of 3. 8 billion. What...

It is a bit lower from where we inrted in the early going the morning. However, the s p is rebounding from some session lows and we saw the Chinese Market moves down again. Nymex crude down 2. 5 . Irang coming out they aret to say ripping of production as fast as they can. To 1090 perdown ounce. Pimm lets see we can take a look at the fixed income markets and bonds and see what traders are doing their. Re. A little bit of writing, 287 for 2. 8730 year long two for the 30 year. Here is currencies...

Fbi, the investigation done by the Senate Intelligence committee will continue on its current course as aggressively as we are able to do we continue to hold interviews. Mark the cochair of virginia told reporters today that the white house is not taking the investigation into russia and the election seriously. Russia is urging the u. S. To accept an iranian role in the safe zone plan. Russia also was the u. S. To help enforce the ceasefire and the deescalation zones. Russia passes middle east e...

A market thats been so strong it deserves to sit down for a couple of plays. How many plays will it sit for is the question. Weve been in a benign market because weve seen decent decommand for commodities while the Federal Reserve is on hold thanks to domestic weakness. Only one problem with it, you still need to feed the bull and not enough news flow right now to move the needle. Think of it like this. We had one good earning support, thats all, from uber cramer fave j. M. Smucker, a function o...