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July 16, 2024
What are we doing what, when, and how will it turn out to secure jobs and economic recoveries engine trouble shares in royals royce fall toward the bottom of the European Market as the Aerospace Engineer sees the Credit Rating cut. And the European Commission reportedly strikes a deal with roche to supply covid19 treatments to eu Member States but the swiss drug maker telling us its committed to meeting the needs of patients worldwide. And the stock markets here in europe have been trading for a...
July 16, 2024
Still youre a member of our key Investment Committee Carrie Firestone is here as well jim livan that will is here. This is a big program. Jim, im going to you phish on what were watching here the market definitely took a leg lower on news of that regional quarter teen announced here in our backyard. Absolutely. I was counting on a certain series of things to occur. First is the america awakened trade works, meaning we get back to work, we start the long road back, meaning we dont have to hear fr...
July 16, 2024
The governor of texas warns of a massive outbreak. The imf adds to the gloom, further lowering its Growth Outlook, saying the pandemic will cause even more damage than first feared. Haidi that lead really playing into the downside we are expecting in the asian market session. Lets get it over to Sophie Kamaruddin in hong kong for a look at what we are expecting. Board, pulling up the asian futures pointing to losses of 1 or more amid the imf. Warnings of a deeper recession with japan and the Gro...
July 16, 2024
Right now the focus is on states and cities that are holding back on reopening and phased reopening plans at this stage here. Looks like it is relatively contained but all of this in an environment where the number of cases has picked and the World Health Organization says the worse could be yet to come. Interesting development as well in england they were reordered to institute lockdown measures. That is follows on heels with other Foreign Countries bedevil ed openings not going necessarily to ...
July 16, 2024
Were monitoring very closely for you, what is an acceptable surge . They usually like to say three to 5 increase over existing cases and a three to 5 increase of positive cases from what were positive cases before. It is not a hard and fast rule. But were watching that very, very closely because were told right now senate cdc is going to start giving specifics to that. I have not seen that before coming to air to join you right now. That is really going to be the big one to follow today, because...
July 16, 2024
From texas, as it comes out, we have seen things turning around. The equity markets on both sides of the atlantic under pressure, the s p down by 1. 85 . European equities are up much more, and as you can see, you have a decent move coming through in the bond market as well. At 6000 isearlier now retreating as well. We are going to talk about what is happening with its implications on the u. S. Economy and elsewhere. Coming up later in the hour, we are going to be joined by the Rockefeller Found...
July 16, 2024
S p 30,038 russell out performing everything today lets begin our conversation, joe. Really want to use these last days of june to discussion where the money is going to be made in the next six months. First half is going to be in the books in a couple of days. Its been a turbulent one. We know that what do you think is in store for the next six lets talk about the last couple of days so we can look toward the final six months. A lot of complexity here first of all, you have the russell rebalanc...
July 16, 2024
Backtracking on reopening plans. Wednesday, july 1. This is Worldwide Exchange here on cnbc good morning welcome to july, if you will hard to believe but it is already july 1 time flies it feels like about 100 years. First day of the month, quarter, second half of the year. Dow futures are not giving us many direction the markets are about to give us the best three months in decades and cap off a fourmonth win streak if you are looking for historical comparisons, here is how history shapes out t...
July 16, 2024
Story. It has come an awful long way awfully quickly. Still do not know how this saga ends. Coming up later in the hour, we will be doing more on wirecard. We will also be covering what is happening in europe in terms of the political story as well. We are going to be talking to brian chesky, airbnb cofounder and ceo. We will get more on the reopening and how that is affecting his business. Looking forward to hearing from him. Stocks continue to climb. Lets talk about that. Alix yes. As we reope...
July 16, 2024
It is office highs, but still a. 5 . Not too Much Movement in the dollar index. Just a little weaker before the fomc today. He 10year yield lets get a deeper dive into the market action. Standing by we have k. D. Lang. Katie playing. Hase dollar weakness become a proxy for risk appetite. It is once again weakening signals it is not entirely a risk off day. We are seeing it in equities. Even if crude is office to touch. On the subject of the fed and yields, something the market is paying close at...