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DW DW News July 13, 2024

Musicians look full of making money. Because of the virus. Welcome to the program for the 1st time in history u. S. Just crashed into negative territory on monday that means producers have to. Take oil off their hands the crash was triggered by a collapse in demand as the world continues its shutdown because of the coronavirus its an Unprecedented Development well discuss the impact in just a moment but 1st this report. Went. To one thing. We certainly have plenty of oil. In fact far too much of it the president tried to calm nerves after the value of u. S. Crude went negative for the 1st time ever on monday at one point reaching minus 40. 00 a barrel in a month or so go a little bit its at 25. 00 and 28. 00 or so its largely a financial squeeze and they did get squeezed with a traders who found themselves on monday under heavy pressure to sell off their crude futures to the rising cost of holding the oil in the u. S. I ....

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ALJAZ NEWSHOUR July 13, 2024

Number of coronavirus deaths in england and wales could be 41 percent higher than the government has been reporting. A dire warning from the u. N. The number of people going hungry around the world could double because of the pandemic. Chortle for you cheers citizens is to differ on earth to choose to do what we can. Also this will need the volunteers helping to boost irans response to the pandemic. And im piece them to the sport huey for and its Member Associations are holding a teleconference on tuesday to try and work out a way to finish the football season. Us President Donald Trump declaring that he will suspend immigration into the United States via an executive order the u. S. President on twitter said thats in risk. Of the coronavirus pandemic referring to. The invisible enemy added that he has to pro ....

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BLOOMBERG Bloomberg Markets Asia July 13, 2024

15,000. Take a look at the kospi. We are focused on samsung earnings. Samsung warning of a profit slide as this virus squeezes the tech industry. Samsung shares largely after the results came out unchanged. We are watching out for the singapore jobless numbers coming out this hour. 2. 6 , an 11 year high. We see this recovery momentum coming back in offshore chinese stocks. The moving average yesterday when things close, and we are higher here today. Bank of china among them. Dollaryen, a little strength. And some strength for the korean won. Oil remains the story, but take a look at volatility. When it comes to oil contracts, we are leapfrogging of june to july and seeing wild gyrations. We have bounced back after wti auched 10, but we lost quarter of the value when it comes to crude. It looks like volatility will continue. Into julywill roll with the spread of the june and july contracts especially for wti getting rocked by volatility. Tom we will get more on that story in a few minu ....

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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

Is a warning to the entire industry. More planes into a collapsed market. Shery lets get started with a quick check of how markets ended in the u. S. U. S. Futures right now seeing some downside, down 2 10 of 1 at the moment. This after u. S. Stocks closed at a six week high. We have financials leading the gains. Surprisingly good earnings reports coming from Deutsche Bank which is helping sentiment. We have more positive sentiment and perhaps some expectation there could be more stimulus aasures given that we have trio of Major Central Bank decisions this week. 25 s p 500 up more than from its march lows. When it comes to the nasdaq, also gaining ground, about more than 1 for the regular session. Take a look at what oil is doing because we are seeing some upside for wti which is gaining about 1 . Backafter oil plunged below 12 a barrel. We are now seeing it just nearing 3 ....

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BLOOMBERG Bloomberg Daybreak Asia July 13, 2024

Demand for fuel continues to collapse. U. S. Futures dropping below 20 a barrel. Bridgewater associates says the pandemic is more damaging than the financial crisis i decade ago. We hear from the cochairman, ray dalio, this hour. Shery here is how markets are trading at the moment. We are seeing stocks continue to gain ground for the third session. We continue to see Downside Pressure for u. S. Futures, which are down 0. 7 . Really accelerating those losses this evening. This after the s p 500 already sank from a onemonth high. We have seen earnings, Economic Data highlighting the impact of the coronavirus pandemic. Nikkei futures down 0. 4 . As we continue to see an appreciation in the japanese yen, which is now at a two week strength against the u. S. Dollar. When it comes to crude, prices rebounding a little bit after plunging to the lowest level in two decades after the ....

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