Reduce the citys glut. Here are exclusive interview. Hear our exclusive interview. Manus it has just gone 9 00 across the emirates. It is daybreak middle east. Warm welcome to the show this morning. We are in limbo. Will we get a december 12 election . Labor looks as if they will hold out. Could there be more pressure coming to bear on the pound this week . We settled down by 1. 21 last week. We broke the overall trend. They say sell the rallies. Ubs had a tactical overweight position. Sterling remains cheap. I leave it to the words of blackrock. Its like a 1980s pop song. Neverending uncertainty. Lets have a look at the oil markets. We are gliding to a deal. What is that going to do to the oil market . Stockpiles dropped for the first time in five years. A big week for the oil market. All hitting the table this week. Oil had a nice rally last week. Lets get your first word headlines from around the world. Desiree humphrey is with me right here on the ground. Desiree thanks. The leader
Companies. Dive deeper looking at equities, bonds, currencies and commodities. Lets take a look at the s p legitimate day of taking on record highs stop first shot happening and crossing right around 3026 come off almost coming above the alltime high, just slightly short of that not hitting it on the close. Most of the indexes gained have come in the First Quarter five this time, during the moving day average moving to creep out of range. We could see the s p 500 put in new highs next week or at least the coming weeks. You talk about a potential record for the s p. It is all about the chipmakers. Winners,a lot of Companies Like intel really highlighting that they have weathered the trade fight pretty well and i want to take a look at a chart here inside the terminal. Look at to do dive and it in particular. Up,have the stocks index for example the nasdaq only up about 3 or so. Taking a look at gold would just at about a 1 weekly gain and underscores the threat of clothing global glove
Intel gave a fourthquarter outlook that was seen as strong, pushing shares of the company higher. We bring you our conversation with the ceo, bob swan. The first to our top story. Piling ons of critics facebook blaming it for altering the news industry, the social network is trying to make nice. On friday, facebook launched its by and, articles chosen its news tagged tab. There are more than 200 publishers on board. York, mark new zuckerberg outlined another way for news organizations to make money. You can run your own ads and get one is percent of the revenue or use our ad network which we have a lot of and people working to try to build advanced technology for this and there, we give the vast majority ,f the revenue to the publisher but what we have really unlocked is a Business Model where it makes sense for both parties. To discuss in washington, it is daniel coffey, Senior Vice President of News Media Alliance and kurt wagner. Give me your first thoughts. This is like the 10th ti
Pushing shares of the Company Higher on friday. We bring you our conversation with the ceo, bob swan. But first to our top story. After years of critics piling on facebook, blaming it for altering the news industry, the social network is trying to make nice. On friday, facebook launched its news tab. It will feature articles chosen partly by employees and the company says it will be free from editorial guidance from facebook. There are more than 200 publishers on board. Some, being paid more than 1 million for their involvement. Speaking in new york, Mark Zuckerberg outlined another way for news organizations to make money. You can run your own ads and get 100 of the revenue or you can use our ad network, which we have a lot of engineers and people trying to build a really advanced technology for this and there, we give the vast majority of the revenue to the publisher, but what we have really unlocked here is a Business Model where it makes sense for both parties. Taylor the Senior Vi
These currencies very much in play with a lot of news. Not Much Movement on the euro, even though we have mario draghi. Not exactly painting a pretty picture of what is happening with the eurozone economy. Positione leaves the to be taken by Christine Lagarde. Perhaps he will be most remembered for his remarks about saying he will do whatever it takes to save the euro. Sterling edging one dollar 20 tenths as we get more 1. 28 asty edging we get more uncertainty. Gold is up. We have seen a runup with it. Today is perhaps indicative of a risk being taken off of the table. Just need over five dollars 500 to buy one ounce. Lets get over to new york. We have su keenan with the first word news. With japanese economy minister issue super maura. He has resigned after allegations of suspected violations of Campaign Finance laws. To stalle doesnt Want Parliament with debate about his own issue. Hes the first member of Prime Minister shinzo abes new cabinet. This after being appointed in septembe