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June 25, 2024
High and oils worth watching on a cautious note. Best buy surging. Hows the turnaround plan looking now . Oil pulling back. Why goldman sees little upward price action for about a year. Toll brothers on the rise. What their report tells us about the housing market. But first up, the big surprise in best buys quarterly results. Up point 8. Guidance goes higher for the coming year. Its funny. A lot of people were expecting this would be a story about gaming, maybe weaker and cell phones maybe weak...
June 25, 2024
Im Francine Lacqua it we have a great show lined up for you it will bring you really released material from our interview with Vladimir Putin. He weighs in on u. S. Politics, blocking both u. S. Confidence. U. S. Candidates. He also talks brexit. Stay tuned for that exclusive interview done by our editorinchief, John Micklethwait and we when you our weekly composition around the uks vote to leave the eu today. We speak to the former president citibank, an European Central banks, jeanclaude she s...
June 25, 2024
Interesting to hear you may not like the bond reaction. As for stocks you do have the three major added three major averages. The s p 500 and the nasdaq all nicely higher. Perhaps investors think the fed will be slower to raise rates. This has put the three averages on pace. We take a look at the s p 500 intraday chartres. Intraday chart. One area of weakness is the cruise line stocks. This includes carnival, caribbean, and the no region and the norwegian cruise lines. It looks like a monthly su...
June 25, 2024
Qualities like common decency in the way that we treat each other and a way that i think damages our culture in a serious way that needs to be opposed so i agree. Go on to north carolina, grace is on our republican line. Go ahead. Call,l go to the next delano from missouri, democrats line. Like to knowld what you would do about Flint Michigans water condition. Guest thank you for the question. These wein crises like have to make sure that local governments have the resources in thein case cases ...
June 25, 2024
Attracting overseas investors for the first time in history. A singaporean is buying a 49 stake. Do let us know what you think of todays top stories. The china and hong kong markets get underway in 30 minutes, but singapore, taiwan, and malaysia coming online. How is the trading week shaping up so far . David extending losses from friday. We went into the european session, more weakness came through. This is what we are waking up to. Overall, the benchmarks down for a second straight day. Not th...
June 25, 2024
A pound is interesting. Lets talk about that throughout the show. We have equity markets. There is a decent rally from friday. And then oil is the story as well. We have Ryan Chilcote joining us shortly to talk about whats been going on. 2. 65 . Up we can blame the russians for that drop. And the dollaryen, down. 6 . Lets check in on the first word news. Theresa may is dismissing claims made by boris johnson. He called for a bloomberg he called for a points system. Theu. K. Needs to speed up Blo...
June 25, 2024
Countdown, everybody. I am anna edwards. Manus i am manus cranny. Stanley fischer talking yesterday about are we more than one and done . Anna a big question, really fascinated about negative Interest Rates as well, such a profile internationally in central banking circles talking about how negative rates seem to be working elsewhere, even know theyre not on the table in the u. S. Pointing out that that will be of interest, but what is of interest to the treasury market in particular is the hawk...
June 25, 2024
This morning as the u. K. Numbers keep surprising. Will the allimportant Services Sector also show postbrexit resilience . Good morning and welcome. The United States is of course, in joint labor day in its enjoying labor day in its traditional fashion, taking the day off. Let me show you what is happening, where futures are pointing us. We saw a very nice rally last week on the payroll. The ftse was up 2. 2 . This morning, we are expecting to add to that a little bit. We will be opening up arou...
June 25, 2024
Program everybody. This is countdown. I am anna edwards. Let us start with what is happening in u. S. Interest rate markets. What expectations there are around the fed and around Janet Yellens speech at jackson hole today in wyoming. I will pull, the work function of working at the probability of a rate hike factored into markets, the probability for september, 21 september, 32 . That is the probability of a rate hike, increasing to 57 on december both of those numbers have been creeping up, if ...
June 25, 2024
Pushback. Jay has been critical of governor carnie and his campaigning ahead of the bricks referendum. Brexit referendum. David he thought he had his thumb on the scale a little bit. And the possess schism coming ut of the f. C. S. Fx market. David love it when bears capitulate. And we will talk about the feds next move with Mohamed Elerian. He will join us in just a moment. But first, john, youre taking a look at those markets. Jonathan i am, thank you very much. Lets get straight to it. In the...