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June 27, 2024
Rates waeigh. London, seven 30 a. M. In frankfurt or paris. Lets have a look at where the markets open up. Or not expected to go all that far. Some minutes from yesterday, from last night to factor in the things as we start trading in europe. The fed, policymakers suggesting they will take their time, no stubborn inflation threat looming, and lots of trump related uncertainty. , andl policy uncertainty march seems to be less and less part of the conversation when you look at the probabilities of...
June 26, 2024
Good morning. Im wilfred frost alongside Courtney Reagan in for sarah today. Good friday morning to you. We made it. Its friday. Nice friday song in the background for us. Sarah will join us later this hour with a preview of her exclusive interview with treasury secretary jack lew. She canceled todays holiday for this interview. Well worth it. It shows shes willing to cancel a days holiday for jack but not me. Try not to take it personally. I cant, its impossible not to. All of our viewer also w...
June 26, 2024
And spain and france. Strong gains across europe. And look at crude, which is set for weekly gains, up by 1. 25 on the week. Showing just about that gain today. We got surprising inventory builds yesterday. Traders seem to be taking in stride. The u. S. Treasury department issuing final rules to crack down on those tax inversions. Thats when a company is acquired by a smaller foreign business in a low tax country to avoid paying the higher u. S. Corporate tax rate. The new rules crack down on ea...
June 26, 2024
Mcdonalds, clorox, all near their 52week lows. What are these stocks telling us about the consumer and whats holding the consumer back . Guy ad dadamadammi. The u. S. Consumer will always spend, as long as they feel good about things, as long as the stock market goes up, i think the consumer feels that everything is okay. Now youve seen some hiccups over the last couple of months or so, on top of which we have this election coming up that we talk about all the time, and people are racheting back...
June 26, 2024
Meeting. We speak exclusively with the Energy Minister from abu dhabi, just days ahead of another pivotal opec summit. A very warm welcome to bloomberg daybreak europe, right here in london. Manus. We are back together again. Im back from the desert. Lets talk about the aussie dollar. You mentioned it in the headlines, this is the second worst since 1991. The question for the markets is this, is this a flip or a trend . We had the election, brexit, a number of different factors going on. And dow...
June 26, 2024
Tourism groups fullyear core Earnings Growth gives the shares a boost in early trade. The gamble doesnt pay off for uk betting firms as the stocks sell off on a report that mps will demand stricter controls over certain betting machines. Good morning, everybody. Welcome. Were being told today is the most important day of all time for the ecb. Its always the most important day. Exactly. European equity markets gearing up for the most important ecb meeting with a slightly higher attitude. Up by a ...
June 25, 2024
Indexes gained for the day, led by financials. We can say that u. S. Stocks have rebounded from brexit losses. Joe a pretty extraordinary comeback. How many times that we talked about the gains and losses being a race for the year. It looks like it is working. Matt the reversal of fortune x is pretty incredible, 20 lower than on the thursday when britain voted. It makes you wonder what the vix means anymore. It does not seem like it is watching. Noit says there is uncertainty, it seems like it d...
June 25, 2024
For nine straight sessions, seven of them were record closes. That was its longest winning streak in some time. But earnings came in mixed, and the European Central banks decision not to add stimulus to that regions economy weighed on sentiment and pressured stocks. The Dow Jones Industrial aver lost 77 points to 18,517. The nasdaq was off 16. The s p 500 fell 7. Dow component visa could set the tone for tomorrow. The Worlds Largest Payments Network operator reported a steep drop in quarterly pr...
June 25, 2024
Jeopardy but the dows ongoing record of record closes might even make him take notice. Today made seven in a row and the blue chip index finished better than expected earnings. Financials continue to report strong result, a sign that theyve been able to manage all of the global uncertainty. And microsoft helped lift the blue chip index rising more than 5 after it reported a solid quarter, which we told you about last night. Here are the closing numbers. The Dow Jones Industrial average rose 36 t...
June 25, 2024
Jeopardy but the dows ongoing record of record closes might even make him take notice. Today made seven in a row and the blue chip index finished better than expected earnings. Financials continue to report strong result, a sign that theyve been able to manage all of the global uncertainty. And microsoft helped lift the blue chip index rising more than 5 after it reported a solid quarter, which we told you about last night. Here are the closing numbers. The Dow Jones Industrial average rose 36 t...