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Monetary policy is not on a preset course. Were watching this closely and stand ready to adjust our policy if it appears that inflation undershoot will be resistant and President Trump arrives in france for a bastille day visit as controversy ramps up back home. Good morning we have another very busy show for you. Lets get straight to the ia report Oil Investors are going through a period of waning confidence according to the latest report the organization suggests that growing impatience over the rebalancing of the oil market is to blame for money manager slashing long positions in crude futures. And they said global gland growth rebound ed and want to wait longer if the rebalancing process has the gun. Neal, always a pleasure speaking with you about this report so when does the rebalancing finally happen well, its on the way as we say in the report, at the moment were sligh ....
Nuclear reactor shutdown, feeling the pressure. Electronics, the heaviest weighted stock in the ospi, gaining as shareholders me today. New zealand, a rate cut keeprday, failing to stocks gaining at the moment. That they take a look at the pboc raised the daily fixing rate the most in four months. We are seeing the currency gaining to 10 of 1 , also seeing offshore yuan higher. Let me take you through the euro as well, some interesting moves there after the ecb release that jumplus package, a big after mario draghi said he was anticipating normal rate cuts. Stilld right, markets feeling it after the ecbs stimulus package failed to boost confidence, moving rates into subzero territory, trying to reassure his guardians that he has ammunition to flight low rowth. Ion and we g as people observed, he was wearing his blue whateverittakes tie. Majors,s all three expansion of the qe program by billion per month, also by scope, including Corp ....
We are watching the Worlds Largest jewelry maker. The latest trading figures. Welcome to countdown. I am mark barton. I am anna edwards. I am manus cranny. The start of the program and our top story. In an exclusive russias finance minister says the country is heading that way didnt recession if oil stays at around 45 a barrel. The rush is headed into a recession if oil stays at around 45 a barrel in the Current Situation and talking about 45 per barrel and expected activity for all year long and expect that to be for all year long. Is 45 a barrel what youre working on now . Is one of the possible scenarios. A possible scenario that generally that should be a little bit higher. In case it would be the price the decline would be between 4 5 . How long do you see a recession lasting . It is dependent on the global market. [indiscernible] a positive gdp performance. What does ....
Water we have in missouri and we need to protect the quality of water have in our state. All across our state drinking and Wastewater Treatment systems, many built decades ago are starting to fall apart. If youve ever had a pipe burst in your basement, or a cracked maintain your subdivision, you know how costly and annoying that can be. Thats what my budget this year includes 70 million, funds already approved by the voters and the legislature, to rebuild these aging Water Systems now and ensure that we leave missouris water better than we found them. [applause] our rivers and streams are part of the priceless Outdoor Heritage that missourians can enjoy. Our 87 state parks and Historic Sites have been recognized as the finest in the nation for camping, hiking ....
Within five years. Its called operational control is the term theyre using for it and it would penalize political appointees if they dont meet those goals. Its not going to go very far. The house will pass it this week. You know the its contingent on both sides. Jay johnson, the head of the Homeland Security department has said its extreme. Unworkable. These are not goals that we can meet, so the democrats hate it. Interestedly, a lot of conservatives dont like it either. Senator Jeff Sessions saying that the mccall bill is terrible and the question mark is for boehner and the republicans is that conservative opposition going to reach a point they cant get 218 votes on the republican side to pass this thing, so immigration has always been a tough issue for republicans and boehner and its going to be a test for this week to see how well they can manage their conference going ....