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July 16, 2024
As of this evening to be impeached by the house of representatives. The president said leading into this he was not going to be watching what was transpiring up today up on capitol hill. Im told as it relates to the president over here at the white house he will be having a series of policy meetings throughout the day, probably making phone calls as well before he leaves for that Campaign Event in michigan later this evening. He did huddle last night here at the white house with Top Republicans ...
July 16, 2024
Shery the bushfires rage on in australia with at least nine people known to have died. The Prime Minister says there is no direct link to climate change. Paul lets get straight to the Market Action with sophie in hong kong. We have the holidays upon us in tokyo. We are seeing stocks date after a threeday drop in the topix in nikkei. Flipping the board, checking in on bonds. I want to highlight tenured jgbs. , treasuries just opening on change right here with the 10 year yield. Bonds arechmark of...
July 16, 2024
But security saying you will see the boj stop buying longer take 2020. In a move in the aussie in focus today. We are hearing hedge funds switching to bearish. The dollar is weaker ahead of inflation data due for november. Were also watching the thai baht, stronger against the ringback. Trade data against the greenback. Rishaad the Indian Trading day, futures are looking flat. What we have seen, discussing a short while ago, record highs for the nifty and the sensex. Friday no exception. It tohe...
July 16, 2024
Of it. Shanghai comp, for tens of 1 lower. A relatively good week for the asx. Other Asset Classes making themselves felt. Taking a look at what is going on with that. The 10 year japanese yield continues to trade below the zero level, which is the preferred boj level. We have a bond Program Announced att 5 00 p. M. Announced 5 00 p. M. Tokyo time. Reflective of it being near six month lows. Gold is pretty much stable. Nymex crude oil is up again. Bute down in the session, over the last 24 hours...
July 16, 2024
Tea leaves boosting stocks china says trade reps are in close contact with the u. S futures do point to a second higher open. Plus, putting mergers on notice Elizabeth Warren drafteding legislation to reverse mega mergers. And a shakeup at united airline, oscar munoz stepping down president scott kirby will take over next spring we do have breaking news on gm for that we will go to phil lebeau in chicago. A busy day, phil. Reporter it is a busy day, phil General Motors announcing it is forming a...
July 16, 2024
Bond markets awaiting ism services in one hour road map, the trade roller coaster. Stocks look to rebound from a three day slide after that report that trade negotiators are edging closer to a deal. Plus, alphabets shakeup googles founders, larry page and sergey brin both step away from their current official roles, but still control the votes at the overall company. And another setback for boeing, united tapping rival airbus to upgrade its new transatlantic fleets stocks looking to recoup some ...
July 16, 2024
Expedia up 6. 3 , after the ceo ceo both out at the company which signifies potentially a shift in strategy. Not even a month from the last earnings which caused the stock to drop 20 that day. Salesforce. Com ceo both out at t performers right now, down 2. 5 . Guy, what is happening in europe . Guy stoxx 600 up by a percent. The pound trading 1. 31 on the cable rate. A 2. 5year high. Brent crude up by 3. 5 . Vonnie lets get back to trade, the one story that markets are moving on. The u. S. And c...
July 16, 2024
Of expedia said there were strategic differences with the current leadership and the ceo and the fo are now gone cfo oregon. Down 3. 1 percent, the worst performer in s p 500. Higher,opean stocks are the pound trading north of 131 against the u. S. Dollar. We have a stronger rate against brent crudel, moving higher, up by nearly 4 in todays session. Opec is just around the corner. We will talk about that later on in the program. Lets talk more about the trade story, affecting markets over the la...
July 16, 2024
Come back after a mixed day in asia after the dow logs its largest losing streak since august fighting words. Xi jinping insists a phase one deal must be based on Mutual Respect. And Manufacturing Activity in france and germany expanding that beat expectations you mentioned some flash data we have some more here we have the november flash numbers for the november pmi coming in at 46. 6 and services coming in at 50. 3 against 50. 6 in october and coming in at 51. 5 for november against 52. 2 last...
July 16, 2024
But i want to recognize two people, our new president , he is right here in the back. [applause] neil id also recognize my great friend, steve, the chairman of the republican party. [applause] neil these events are made possible by our wonderful sponsors. Their banners are around the room, so please note them. We are very appreciative of what they do so we can continue to do this. Our partner at politics and eggs is the new England Council, a Great Partnership continuing on. Obviously, a little ...