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June 24, 2024
Glory . And a brutal time for banks. Earnings kickoff this morning with jpmorgan. It looks like chinese data is goingy behind the markets higher. The imf is not impressed. The donors on this economy, saying that the numbers are not as rosy as they seem. Later this week, we will get gdp. We talked a lot about japan, but we could end up talking a lot about china and that is a positive story. Guy breaking news coming through from peabody. Saying the majority of its u. S. 11. Ies filed for chapter m...
June 24, 2024
Japan. By the time we come in tomorrow, we will have to centralbanks. We are going to celebrate with a double dose of centralbankitis. Francine lets get to first word news. Vonnie a big night for donald trump and Hillary Clinton, both scored dominating wins in the northeast and president ial primaries. Ve states,all fi pennsylvania, connecticut, maryland, delaware and rhode island. He widened his lead over ted cruz and john kasich. Trump calls himself the presumptive nominee and took aim at the ...
June 24, 2024
Commissioner. And brexit blues, worries about heads referendums Consumer Confidence to its lowest level since 2014. Dont miss bloombergs allstar byxit debate, who will join leaders from both political and the business world. The question should i stay or should i go . That is coming up a little later. Let it you caught up with everything you need first for the. David in china, the central bank has responded to a kumble at the u. S. Dollar by strengthening its currency the most since july 2005. T...
June 24, 2024
Averages hanging onto this increases we have been watching today. In addition, we are watching oil prices. There was a report that saudi arabia and russia have come to some sort of preliminary agreement on a production freeze heard so that really affected the price of oil over the course of the session earlier when that headline came out. It has not been confirmed in saudi arabia has been on record as saying it does not want a production freeze. Nonetheless, causing this uptick wenear 42 a barre...
June 24, 2024
Some people were a little disappointed by centralbank action, but i would argue that that that was more hawkish ends the boj is just trying to surprise us. Vonnie wringing their hands little bit. Nothing to impact the markets, and the new Zealand Central Bank doing nothing as well. Francine it certainly is. Lets get to the first word with nejra cehic. Nejra thanks. A shock today from tokyo. Japans at central bank has held off on expanding monetary stimulus. It has the yen surging and u. S. Stock...
June 24, 2024
Closed relatively flat. Nikkei was down by about 0. 3 . In europe, it looks like things are modestly weaker. The dax is down by about 0. 3 . The ftse looks flat. Lets get you through some of the top stories this morning. We have citigroup expected to report at 8 00 a. M. Eastern time. Analysts looking for the bank to post earnings of 1. 03 per share on revenues of 17. 5 billion. Citi has already said Investment Banking fell during the quarter. Worth watching. The bank could give us a better snap...
June 24, 2024
The dax is up. Its up by about a quarter percentage point. If you want to check out crude oil prices today, yesterday giving back some ground. Relatively flat right now. Down by about 4 cents for wti. Dropping slightly this morning as major producers down play the chances of an output these at this weekends meeting. Separately, the International Energy Agency Cutting its estimates for Global Demand growth in 2016. And it is another busy day for Economic Data and earnings reports. Were going to h...
June 24, 2024
Coming out of europe. Right now the markets are relatively flat. Dax is flat. The cac is essentially flat. The ftse down by half a percent. The currency markets, which are going to key off this as well, if there is additional stimulus, it could very well weaken the euro and strengthen the dollar. Right now the dollar is up against the euro at 1. 0978. Dollar versus the yen is at 113. 46. Lets tell you about other storying were watching this morning. Square posting better than expected results in...
June 24, 2024
Worldwide exchange begins right now. Good morning and welcome to Worldwide Exchange on cnbc. Im sara eisen reporting live from the imf meeting in washington, d. C. We are here at the Imf World Bank headquarters, wilfred. Its going to be an exciting day. Everybody who matters in finance and central banking is here, and so are we. Well, sara, im looking forward to it immensely, though im sad youre not here. What it really underlines is you care more about people like jack lew and Christine Lagarde...
June 24, 2024
What are we watching for, julia . Right now there are 2600 developers and press in the Conference Hall next door. They are here to learn about all the new tools that facebook is going to give developers, tools that that will change the way we as consumers can interact on facebooks various platforms and also could change how facebook eventually makes money. Surely well hear how facebook is putting live video front and center and integrating oculus into facebooks other services. And well also look...