Shocking Oil News Today

Meantime weather and traffic updates and we get all of that probably how the roads busy another problem on the east shore freeway salt truck westbound 8 and the rain is fizzling out against these next couple days were not going to get my yeah, its just a south bay really Southern California system south a fairly skirting the Northern Edge of what will be some rainfall for southern neighbors. Bay area though yet again were left out in the dry as you could say the goal gate bridge is nice and clea...

Market meltdown. Hang on, everyone, this is the final hour of trade. Good afternoon. Lets have a look at whats driving the action the lack of a Production Cut deal from opec coupled with a saudi price cut sending prices tumbling down 17 on the day alone. Coronavirus fears remain front and center as global cases top 111,000 and italy locks down a quarter of its population. And the bull market chaos rages on as yields on the tenyear at a low of 0. 31 and remain at the moment below 0. 5 . Joining u...

Good morning, everyone. This is bloomberg surveillance. There is quite a lot of going on in the markets. It is what is happening with crude oil, 59. 21. That is nymex. Brent is much higher. We have to look at some of the prices at nymex. It is having a huge impact across the board. We are seeing stocks relate to oil price as well. If we have a look at the airlines that have been impacted. Lets get that board up, ryanair down 2. 7 . Bp worried about possible shortages. We will have a lot more on ...

Slumping and Global Growth concerns back in the headlines, as chinas Economic Data comes in weaker. Joining us for the entire hour, final hour of trade is keith bliss, managing partner and ceo of iq capital usa. Keith, welcome thank you very much you and i were just chatting about the fact that you were noting that youre kind of surprised that the stock market isnt down even worse. I think its really resilient and speaks to the trend weve been seeing throughout the last 30 days for sure and ive ...

Anna welcome to the program, everybody. This is bloomberg daybreak europe. Its 6 00 here in london, 7 00 in switzerland. Forgetting numbers for the Third Quarter, sell a constant currencies looks to be ahead of the estimates coming from this luxury player of watches and jewelry and other things. How are sales able to shake off the negative fx effects . Some analysts asking whether we will see around of buybacks of inventory from this particular business. Talking about whether there will be a fur...

Here is what is most interesting. The defensive trades stood out as the biggest winners. Gold seeing the biggest quarterly gain in 30 years. Utilities up 9 . Telecom getting more than 15 . And the tlt rallying 8 for the quarter. So you stick with the winners. Do you stay defensive in q2, guys . I think the defensive nature is why people, specifically me maine still question the validly of this rally. Do you stay with those trades . I think you stay with certain things working. Home depot has bee...