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June 25, 2024
Prevails. And when push comes to shove people realize there would be an enormous damage, to both europe and Great Britain, should britain walk away. A warm welcome to countdown. I am an edward. Just past 6 00 in london. Manus will be joining us from dubai. Let us talk about what is happening in oil and stocks, a chart next to me that really encapsulates the relationship between these two asset classes, if you go back to the middle of last year. They have moved very much in synchrony. And of the ...
June 25, 2024
Edwards. We will be joined by manus cranny from dubai. Let us get to the risk radar can the last 24 hours or so. Todays show brought you by the city of vienna. On the opec front and the ecb. Putting aside for one moment, let us have a look at the asian session. The nikkei to do five down by 1. 9 . It was down at one point by more than 2 , looking for the biggest drop around a month. And that is amid the wildly expected stimulus package by abe. Level, towards that 109 perhaps more again strengthe...
June 25, 2024
Why he is endorsing donald trump for president in another exclusive you will see only on bloomberg tv. Jonathan a brilliant morning of conversation. Lets check in with our Bloomberg Team for indepth coverage of the stories. The one minute plunge and chinese stocks, and a look at the job report. Vw still being hit by email and cheating scandals. Lets begin in frankfurt, paul gordon joins us. Inline but still not great for president draghi. Paul inflation just below zero, employment just above 10 ...
June 25, 2024
And the problem with loose Monetary Policy. We will break down the ecb decision on rates, and the entire mario druggie News Conference draghi News Conference. We count down to the ecb decision. The opec meeting in vienna. Wall street awaits the latest jobs data. Kick it off, less than 45 minutes away from their decision. Lets check in with the team leader, i am told the News Coverage will be watched closely to get the forecast. Interesting,ing is whether there today, no fresh stimulus probably, ...
June 25, 2024
Off oure coming back lows. This is pretty perplexing but interesting to see what the causes are. The dow is down only. 01 of 1 . A have been down as much as 150 points. We are down by money five points. The s p 500 is down point two and the nasdaq is down the most by point five of 1 . This is coming after the fallout from the jobs report that we saw earlier today. Monthly jobs was the worst in september of 2010 and we see that impact here. Were still on track to break that. We will take a look a...
June 25, 2024
Welcome to the pulse live in london. Big, big day in europe. All eyes on vienna. The ecb is in town. Entrepreneur will hi will give his press conference. As we speak, opec begins its meeting. You can follow it on our blog. Stop live go. Lets check what is happening in vienna. Our top stories, the opec meeting. Before we go there, have a look at what is happening to european stocks. The stoxx 600 lower for a third consecutive day. Dont expect much from the ecb. Maybe that will tweak that forecast...
June 25, 2024
Markets in the asiapacific, new zealand is falling fractionally, led down by materials and telecommunications. . 67. Wi is at futures in australia looking like this. It is pointing to a slightly higher open, . 72, the aussie dollar level. Lets get over to japan, wrapping up the finance ministers and policymakers for g7. Futures in chicago pointing to a higher open. This could be helping a weaker yen. Kicking off aa is weeklong trip to asia in hanoi. He is seeking closer economic and security tie...
June 25, 2024
Even the initial drop was not a huge one, not even 1 . All three major averages are down. The dow is down 30 points. At one point, it was down about 100 points. Iscould be worse, i guess, the way to look at the averages. This is despite the job report coming in much weaker than estimated, and on top of that, we got a Services Report that was weaker than estimated, showing the slowest expansion last month going back to 2014. Interesting phenomenon we are seeing. Take a look at the groups on the m...
June 25, 2024
Mark welcome to the polls. Welcome to the pulse. I am mark barton. The manufacturing figures. 51. 5, back in line with the earlier estimates. Pmi manufacturing, 51. 5, back in line. We have a busy show lined up today. In the next hour, we will bring you interviews with executives from embraer. Live from the ground and the only cd formed in paris. Speaking to year grumman you. Just speaking to geer grumman you. Stocks are lower. The stoxx 600 rises for the third month. Dont forget the m a fell fo...
June 25, 2024
So, we are now just less than 30 minutes ahead of the European Equity market open. Matt, it looks like after this rally that we have seen with 50 a barrel achieved on brent. We are headed for a fairly flat story. I am looking at the ftse futures and they are beginning to firm the calculations around. 1 . Other markets a little softer but nevertheless after such a decent rally, you would expect maybe a little bit of a pauls for breath. A little bit of a pause for breath. Matt the nikkei was up ye...