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June 24, 2024
Onto gains today come middle of the range and where we have seen them trade over the us of the session. The nasdaq has gained some steam, up by. 5 . We have an oil rebound that is helping stocks, anticipation of additional stimulus tomorrow from the ecb, and sort of a snapback effect from yesterdays what ended up being pretty sizable declines for the major averages. Lets look at the bloomberg for the groups on the move. A little more green than they were earlier. Now technology is joining energy...
June 24, 2024
From london. Im francine lacqua. We are getting news from the i. E. A. Theyre talking about supply and demand and the price of oil. They think price of oil may have bottomed. It was only a couple weeks ago we heard russia and saudi arabia agreeing that they will not put siad they would not add production. Opec output has fallen. They say, the headline out of this is that the oil price, they believe, may have bottomed as high cost producers have been shut out of the markets. Lets check in on the ...
June 24, 2024
Its Getting Better, but not it is not Getting Better quickly enough. Especially among millennials and extras are getting opportunities earlier to lead. Ramy wall street mourns the loss of a foundational figure. Its all ahead on bloomberg best. Hello and welcome. Im ramy inocencio. This is bloomberg best. A weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Our day by day look at the top headlines begins with a vigorous look at ...
June 24, 2024
Jonathan no time to enjoy that in the markets this morning because it is deep red across equity markets. Equity markets down in europe. 1. 36 on the ftse 100 with a miners leading losses. S p 500 futures negative. Switch of the board to japan. Dollaryen, down by. 9 . Three years and a day since the kuroda experiment began. Yields in germany. You have to go to two decimal places just to get one. To thesis points days where yields were around five basis points. Wti down to 35. 64. What is happenin...
June 24, 2024
Pullback in almost a month we have not had big swings in stocks as of late. Thatght not be part of metric because we are down. Definitely coming up off the lows of the day. Note whereut with a he said it would be difficult after the latest recovery in stock to get a second wind. He thinks there are two main obstacles. One is that the buyback, companies themselves have been a big source of demand in stock. Also, corporate profits would be difficult in the coming reporting season. That means stock...
June 24, 2024
I do not know what governor kuroda can do. Watch. re on the parity the much stronger yen goes over into everything else, including lower german you. Francine i had a call this morning by 103. Lets see if we have 100. In syria, fighters backed by the u. S. And russia have an on opposing sides. There are now zeroing in on the islamic state. Theyre trying to cut the supply routes between iraq and syria. British forces supported by the u. S. Are moving closer to the selfproclaimed capital of rock. K...
June 24, 2024
News in europe even before the attack. We have a chart to show you what was happening. So, less than half an hour away from the european open. This time yesterday, we were dealing with what was happening in brussels. The market pushing beyond that fairly quickly. On the equity front, looks like we will be slightly positive. Button, pushing the you get this fair value cut collation. Looks like the euro stocks will be up by about half a percent. They rose into the close yesterday. That is a signif...
June 24, 2024
Welcome to countdown, i am anna edwards. Perspectiveings in for you. Storyl start with the ecb and the impact we saw in the currency markets. The euro. Over three days. It shows you the volatility, the price swings we saw. A raft of measures to stimulate the european economy, the europe the euro zone economy. It took less than 19 minutes for verse all itse declines. On some other risk assets. Weve got german two year yields, a volatile session around the press conference. 0. 4 . Ng the day at oi...
June 24, 2024
Property in china is reasonable despite official stimulus spending, tier one surging higher. Some advice, dont speculate. Let us know what you think. Follow me rishaadtv, include trendingbusiness. Some gains here hot on the heels of what we saw on wall street and in parts of europe. Happy friday a happy friday for the markets after Central Bank Action and Economic Data around the region. Where seeing this dovish fed effect playing out, without japan, of course. Strength coming out of markets hea...
June 24, 2024
Waiting for janet yellen. Its a quiet day on the markets, but watch out for commodities and watch out for dollar. Tom exactly. I was watching commodities today; citigroup was really talking up saudi arabia, having trouble moving oil. Really, the backstory, while you were off on your threeweek vacation, is the idea that the atlanta said lowered their gdp for this quarter under 1 . That is the backdrop, yelling those before the economic public. Francine rate. Right. It seems confusing to understan...