Page 26 - Global Commodities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Betty hello. Im betty liu. Welcome to bloomberg best. A weekly look at the most Important News around the world. Lets begin with a day by day review of the weeks top stories. Starting on monday, when the imf welcomed the chinese currency. The inclusion of the rmb is recognition of the significant reforms, which have been conducted. Of the significant opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspective, youre looking at the total allocation of ...

More volatility today. The s p did fall nearly 4 last week. Stocks are heading for the worst since december. I want you to look at the imf function area this is a look at the performance at the s p 10 sectors. We are seeing an acceleration of declines. Seven of we are seeing the 10 sectors in the negative surprising that energy is down 7 10 of 1 because of what is happening in the oil price. The biggest story of the day here. What are we seeing in the oil markets . Basically we did see oil fall below five dollars per barrel. Talkingpped positively, about volatility for a hot second, now it is ...

Hello. Im betty liu. This is bloomberg best. Lets begin with a day by day review of the weeks top stories. Starting on when the imf welcome monday, the chinese currency. Inclusion ofon and it in the basket of currencies is a recognition of the significant reforms which have been conducted, of the opening up of the chinese economy, of the financial, more marketdriven principles that are being used by the chinese authorities going forward. Shortterm it doesnt mean a lot. To put things in perspective, you are looking at a total allocation of 318 billion. That is roughly 6 of the daily Trading Vol...

Ramy inocencio has the latest. Actually, the housing data is tomorrow. Ramy we will have that tomorrow when it comes out. Lets get to the markets. U. S. Markets, as you can see across the board, are up by. 6 for all the markets. Turning around from fridays route. Twoday drop in the s p in a few months. That may show you what is happening in the s p today. No sectors are doing that at all right now. Telecommunications is the biggest sector up. 8 , financials, industrials also up about the same order. Lets also go to oil. Nymex crude is seeing a turnaround, its fourth day of losses in a row. Han...

It is six blocks here in london. The slight tangentially to that, we have had news overnight on australian jobs. The biggest monthly back to back jobs gain we have seen almost 28 years. You have to go back to 1988 to find a period as strong for the australian economy. That pushed the Australian Dollar a bit higher overnight. Some people questioning the data, of course. 71,400 jobs were created, economists forecast a drop of just 10,000. Manus this is the dollar rand trading, if youre on holiday or getting on the plane, you will have a river. It is at a record low, certainly not for good reason...