Page 5 - Global Commodities News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Of one of the worlds biggest banks leaving after less than two years on the job it is a busy monday, august 5th, 2019 Worldwide Exchange begins right now. Good morning good afternoon good evening welcome from wherever you are watching i am brian sullivan. We have breaking news with regard to chinas currency it is sinking in a big way the chinese yuan traded offshore is now sliding below 7 to the u. S. Dollar. That is a threshold thats not been breached in more than a decade tough go to 2008 and the financial crisis now, as that currency falls, remember, what does it do . It makes chinese expor...

Travel and weather. We have unusual wet and windy weather on the way starting on thursday night and into friday where we have rain pushing right the way gcioss we have rain pushing right the way across the country from the south west. That will be followed by heavy and thundery showers and the wind starts to pick up. The strongest winds across england and wales on saturday. That could impact other Outdoor Events and possibly some travel disruption as well. It is due to that developing area of low pressure and at the moment we still have low pressure that weve had in the past few days bringing ...

And their currency is under siege. Our problem is a Federal Reserve too proud to admit their mistake of acting too fast and tightening too much and that i was right. They must cut rates bigger and faster and stop the ridiculous quantitative tightening now. Which gets us to the markets this morning, jim. We have been talking about negative rates, they only continued to worsen. It is a strange phenomenon to be sure but it is also a worrisome cycle people believe because you have negative rates that auger for weaker Economic Growth or a lack of growth you have what are it becomes selfreinforcing ...

Appetite reverses the trend weve seen of late joining us, steven weis, managing partner of weis managing partners. Thanks for being here. Thanks for having me. I like the no tie look. I do that on a friday. Hes, i guess, getting the positive sentiment going here. Absolutely. Even though its only tuesday. When you look at whats really leading the s p higher today, its tech stocks its the Semiconductor Names what do you think right now . So, i own smash which is semiindex, ctf i owned it coming in today, bought more immediately when the news hit its not something i typically do i sold some in th...

Conference calling to defend the freedom of the press. Those are the headlines this hour you can find more on these and many other stories. For now though its the cards report and if youre in the states you. Because youre this is the guys very poor we are going to maintain their San Francisco great event put on by a big going magazine but a great speaker of great talk about theyre going to fully embracing a new leg of its bull market very exciting action susie yes well you know were in our whole Summer Solutions beginning of that happening were in summer were into la its all like happening and...