Disagrees. As ecb bond buying divides opinion, we will hear from Christine Lagarde, plus how negative yields are impacting the Worlds Largest Sovereign Wealth Fund. Matt i know what the big news for you was last night. Number in the u. S. Showing manufacturers in contraction was fascinating. It definitely moved markets. If you are, even sitting in the u. K. , there is no doubt that was one of the biggest market moving things yesterday in terms of increasing fears, changing the price on futures. We will discuss that. Matt we will touch on brexit. We are going to be going down to westminster throughout the morning and following the fall out of last nights vote. Lets take a look at the market numbers right now, starting with asian equity indexes after those big drops in u. S. Stocks. We see asian stocks rising. Yen bouncing back a little bit. Just an hour ago. To sellare more willing safe haven assets in the last 60 minutes. Crude oil i think fascinating. Weakness we have seen in crude oi
We are seeing a little bit of a lift. 0. 8 . G some a lot of that has to do with a little bit of optimism when it comes to trade news. We know the conversations are ongoing. I am looking at the u. S. 10year yield. 1. 6 after a big week. Lower negative rates in europe. We will have a look at 10year yields. We will ask ourselves what the inversion meant. Oil, 55. 52. Oil rising after we had this drone attack at Oil Gas Facilities once again underscoring some of the fragility of that region. Coming up, we have an interview with the boston fed president. Dont miss that chat after 6 30 p. M. London time today. This goes back to the conversation as jackson hole starts on thursday. Lets get to the first word news with viviana hurtado. Viviana the iranian tanker looks to be heading for greece. That is according to a vessel tracking data compiled by bloomberg. It was released by the british territory after being detained on suspicion on sending oil to syria. Rain for an 11th straight weekend. 1
Aid, including weapons, which also count as financial aid, in a big way account, therefore separate decisions will be made, now the question of providing less than 2 billion dollars for aid to ukraine is being considered, and they want a package, well, President Biden is proposing to congress, and both parties and republicans, democrats, apparently , do not mind voting on a package for 100 million billion dollars for the aid of ukraine and israel at the same time, how will 100 million billion be distributed among themselves, er, well, even if it is half for half, then this is already a very substantial aid, although i am sure the israelis say so, that it is more ukraine needs funding, because we have a largerscale war and, of course, we also need weapons more, and mr. Oleksiy, this single package, yes, the only package that should provide for the needs until the next president ial election in the United States. Well, the package will not even be handed over immediately, it will be like
The dow and s p 500 and nasdaq all lower. Weve had a moderation of the declines, going back toward the lows. The dow down. 5 . The Philadelphia Semiconductor index underperforming a bit more. Wobbliness fore stocks globally must certainly seeing it in the u. S. This follows a pullback for highyield credit as well. We are seeing risk off and they in the haven assets. Bonds are trading higher. The yen gaining by. 4 against the dollar. Oil is considered a riskier growth asset. Down for a second day in a row. Up 8 . Last week, we had big declines in bitcoin. Lets go into the bloomberg and take a look at the stocks. While we have weakness for the chip today, on the quarter, its a different story. The Philadelphia Semiconductor index in white outperforming the dow and nasdaq in purple and orange. Take a look at the biotech index in blue. Down for the First Quarter in several. We had a bear market in 2015. Movers, some of the chip helping the stocks. Logic, applerrus suppliers falling after t
In the north bay and 59 in the south bay. 80 in the north bay as well as the trivalley, San Francisco staying at 65 degrees. Well talk about the warmup and it will definitely feel like july by sunday. Lets head over to mike now. Well show you what i found. Also b. A. R. T. Just updated, a 20minute delay theyre recovering from now at pittsburgh bay point. Thats on the line for pittsburgh and bay point out of San Francisco. No major problems for the south bay communitites. That came from the traffic partners. Chp is where were getting the word for that. What i did see is over by the toll plaza, the live camera, we have two vehicles over on the side here. West down. Theres a crash in that area but again well wait for chp to give us the all clear. For now well send it back to you. Mike, thank you very much. An update now to breaking news. An armed carjacking leads to a chase and then a crash in the east bay. This story spanned two different cities and two Different Police departments. Toda