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Commodities. Sterling is very much in focus. The pound under some pressure after Boris Johnson was named the new u. K. Prime minister. How much of it period will he have . Can he deliver the brexit by october 31 . We see the aussie dollar at 69. 80. West back bringing forward the rbas next rate cut. They are citing a 0. 5 target for the rba cash rate. We saw a move in bonds, yields are down two basis points. Away from record lows. The kiwi continuing to see weakness today. We might need to go unconventional in policy tools. David we were down as much as one for the 1 . Much as one fourth of 1 . Lows. Off of two month commodities very much in focus for the bloomberg dollar index. A good month against all of g10. Yvonne iron ore, we are watching it down in singapore. Perhaps the imf growth concerns are weighing on them. Oil, continuing higher after we saw the stockpiles in the u. S. Edging lower here. It is up about. 6 . David you do ....
Into moroccos remote Atlas Mountains to see how a Small Community is coping 2 weeks after devastating north point. And the head of the Roman Catholic church cleans for all nations to take responsibility and help migrants seeking a new life in europe. And im trying to, how much would the latest for the Opening Ceremony of the asian games is on the way more than 12000 axes from over 40 nations on hand. So china, for the biggest addition of the multi School Defense in history. The so its just passed 1300. 00 gmc and we started russian controlled crimea, where moscow says theres been another attack on its black c port of sebastian pool. Nearby c passenger traffic has been suspended. No casualties have been repo ....
Acquire some of the radioshack locations. You shack is moving toward a deal to sell a portion of their stores and close the rest of them. Sprint has discussed buying up 2000 radioshack stores. The two biggest officesupply retailers in the u. S. Are looking to merge. According to the wall street journal, talks between staples and office depot are in advanced stage. Bp feeling the collapse in oil prices. Fourth quarter oil fourthquarter profit the Company Reported a 4. 4 billion loss after running down the value of oil and gas fields. Bob dudley told bloomberg that oil is likely to stay low for quite some time. You look at the fundamental supply and demand. It reminded 1986. It reminds me of 1986. Able be a long time before we see 100 again. Oil is up for the fourth day in a row. More than 51 per barrel. There is likely to be a settlement in the governments sub prime mortgage bond suit. S p would pave 1. 4 billion to settle claims ....