Mike Gupta News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ahead of fridays g20 summit. At 10 00 we get factory and goods orders for the of may. This afternoon the fed will reap the fomc minutes of last weeks meeting. President trump will be heading to europe for the g20 summit. The question is of may. This afternoon the fed will reap the fomc whether they are going to spend the time talking about geopolitics or trade. Heres kevin cirilli. We thought it was going to be all about trade. It doesnt look so much right now. It looks like its going to be all about north korea. The administration sending clear singles they are hoping to put pressure on north...

The oil market rebounding faster as opec implements the deal that i do not know if it has had an impact. It seems pretty selffulfilling, right . We knew they were looking for some kind of agreement to freeze production. If that is implement it, it will help the oil markets. The iea coming out with its monthly report, saying they see the Oil Market Rebalancing faster if the opec deal is important in. It seems a given, but who am i to say . You see brent at 33. 01. We will have plenty more on the iea and go live to a stumble for the petroleum conference. First, here is sebastian selleck. Seb the...

Should work on a clear path forward to provide reassurance about potential market distortions or risk from the latest stimulus effort. The yuan headed for the biggest two day gain in a month. The move came after a decline in the dollar that saw the bloomberg dollar index fall 1. 1 25 month low on thursday. That extends the fall after the Federal Reserve scaled back its forecast for Interest Rate increases this year. In brazil, a judge issued an thenction suspending presidency chief of staff. That is as congress restarted the impeachment process. Antigovernment protests continued overnight inti...

Anna welcome to the program. Asian markets getting a boost, betterthanexpected export data out of china. Let us talk about the oil. The big story the last 24 hours, briefly dipping below 30 a barrel. We have a great story on the terminal, talking about how 11 months ago, we were talking about 20. The not look as crazy. Beus i thought we would cheeky and sneaky today. Jeffrey gundlach says oil below 40 is causing frightening political paper. We might make it to 45. Anna let us talk about the Foreign Exchange markets. Tradeng to the chinese data, that is reflected in the market. The aussie dolla...

Ok. We need to get you up to speed. Its been a busy morning, and weve got a lot of moving pieces we need to make sure you are aware of. Lets get to caroline hyde. Caroline good morning. Chinas trade surplus widened, and exports recovered last month. The worlds second largest economy and trade balance increased to 60 billion, taking the full your tally to 594. 5 billion. Analysts report a weakening yuan has rocked markets this year. Persistent oversupply of crude means prices still havent staved off the threat of further decline. The bloomberg commodity index, a gauge of return for Raw Material...