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June 25, 2024
We have a little bit of data in the eurozone. And happy Lehman Brothers anniversary. Withit is a look forward mark carneys bank of england, 7 00 a. M. Wall street time. It will be an interesting six days. Francine you are right. The 20the morning of first of september. The fed in the evening of the 21st of september, in england. It will be difficult for the boj to preempt that. We are getting cpi for august, 0. 1 . We will get the euro chart up, but it is as expected. What we saw was better than...
June 24, 2024
Stocks are headed up to their session highs of a with that said they are still in the red. Right now lets take a look at where they stand. The dow is coming up on the flat line, but the s p 500 is down by about a third of a percent. The s p is down for the second day in a row, and this is its first backtoback losses so far this month. Part of the reason for that is because of the retail data that we did see earlier today. Sales for february falling, and januarys game revised to a decline. We wil...
June 24, 2024
Surprises. Thats how we started with jpmorgan. Premarket, futures, where are we . Points. Res now up 99 the big story in the last 20 minutes, a bit from jpmorgan, and upside surprise. That upside surprises what takes is higher come up by 2. 73 in the premarket. Couple of fx to a pairs for you. Some dollar strengthened the g 10 today. 13 . At wti, the output freeze meeting in the rumor mill and the rumor mill is in full swing. Crime organized profiteers have raided the offices of the Panama Paper...
June 24, 2024
Change in the stock price is bigger than the stock price itself. Its bringing down the entire Biotech Sector but the real warning sign for this company may not be in the stock move itself. Well explain that coming up in a minute. Well known tech investor it feels like that but its warmer today. Sitting next to me in just a moment, dan niles, hell give us his two favorite stocks right now and one of them is not in the tech space. Hell join us exclusively in a few moments. The face of the election...
June 24, 2024
2. 5 . The dax in germany up by 2. 25 . In italy, stocks are up by 3 . Oil prices hit their highest levels since november yesterday. You do see a little bit of a retreat this morning after comments from an official in saudi arabia. Right now you see that wti is down by 64 cents. Still well above 40 at 41. 53. Just days ahead of a meeting of key oil producers, saudi arabias oil minister has reportedly ruled out an output cut. Of course, yesterday the huge rally was sparked by a Russian News Agenc...
June 23, 2024
Point. 1 . Cac 40 pretty flat. Still waiting for the dax to open. Will we see a jump after the export data out of germany . We will take a look at some of the stocks we are watching this morning. A lot of Corporate News coming out today in europe starting with continental europes secondlargest tire maker. Thirdquarter profit grew 11 . Coming in at 1. 0 8 billion euros. What helped to this company was weaker Commodity Prices but also a weaker euro. And sort of a line with what michelob is saying....
June 23, 2024
Been chipping away at flash flooding jobs. Now automation robots may be coming to the csuite. I thought some of our ceos were robots, i dont know. You better be hoping theyre not watching. Its a tale of two economies right now here in the United States. The Consumer Holding up but not so much on the industrial side. Morgan brennan is taking a closer look at the socalled industrial recession and what that could mean for the overall economy. Morgan . Thats right. So as commodities continue to coll...
June 23, 2024
That theyve been claiming, a runway was created. China has created an area on subi reef. They said they are likely to construct a second airstrip there. They also said a third runway would be built on Mischief Reef where walls surround a 3,000metrelong area. Officials have been calling for an immediate reformation work. Japans foreign minister plans to travel to moscow next week. Kishida is expected to lay the groundwork for a visit by russian president Vladimir Putin to japan that may or may no...
June 23, 2024
Runway was created. China has created an area on subi reef. They said they are likely to construct a second airstrip there. They also said a third runway would be built on Mischief Reef where walls surround a 3,000metrelong area. Officials have been calling for an immediate reformation work. Japans foreign minister plans to travel to moscow next week. Kishida is expected to lay the groundwork for a visit by russian president Vladimir Putin to japan that may or may not take place. He plans to mee...
June 23, 2024
Hong kong. And president ial candidates clash over how to keep the u. S. Safe through future attacks. Donald trump getting most of the heat. Donald is great at one liners but he is a chaos candidate and he would be a chaos president. He would not be the commander and chief we need to keep our country safe. Hello and welcome to worldwide exchange. Lets get you straight to the data from the euro zone pmi breaking just as we speak. Its a flash figure and they come in at 53. 1. Thats better than a f...