Lacqua in london. Stoxx 600 gaining. Optimism on the u. S. China trade war truce waning. Focus onear yield, Central Banks in the fed. President exclusively on surveillance tomorrow. The cut extension. Crude oil 59. 08. We will hear from irans oil minister. We focus in on iran and sanctions from the u. S. Opec extending production cuts into 2020, as the worlds , talks inporter vienna were wrinkling. The commitment to a ninemonth extension is solid, strong. Not only are recommitting to individual commitments to conformity from all countries. Tariffsd trump says against mexico are off the table, after the country stepped up efforts to stem the flow of migrants from Central America to the u. S. Trump said mexico is doing a great job and having a big impact on migration. Australia cutting the key rate for the second straight month. Policymakers attempt to provide support to a slowing economy. The Bank Governor lowering a key rate to 1 . Italys government lowering the deficit in a bid to com
Saudi arabia are monitoring the situation on the global oil market, and the countries are coordinating actions within the framework of the opec plus agreement. About this is what deputy Prime Minister Alexander Novak and Saudi Arabian Energy Minister abdalaziz ben saalman said in an interview with russia 24. How the parties assess the situation and the implementation of which projects in moscow and erriad are a priority today, watch in an exclusive conversation right now. Alexander. Hello. With the Current Situation on the global oil market, given that we are in the Russian Energy week, how do you assess the balance of supply today, and the situation that we see in the middle east, i mean the war between israel and hamas, how can it influence the market, your Royal Highness, lets start with you first, well, first of all, i would like to talk more about supply and demand, i left political issues for our cabinet of ministers, i think that we will bring much more benefit, if we were to ta
Of the middle east. Against israel and the usa. The second great middle east war against iran. But this is a monstrous result for the United States. Before the elections, Oil Prices Mean a new middle east war, into which the Biden Administration has dragged america. This is a disaster for the current administration. In fact , they have driven themselves into this position. But this is a very risky situation. We now turn the floor over to the news and the big game returns at 11 p. M. Dont miss it. Hello, the evening news is on the air, Ekaterina Berezovskaya is in the studio, this is the main topic, about the failed policy of the west in the middle east, it was initially about the creation of two independent sovereign states of israel. And palestine, well, israel was created, as you know, but palestine, as an independent, sovereign state, was never created, did not happen, calls to both sides of the conflict, if men decided to fight among themselves, will fight among themselves, childre
Haidi welcome today break australia. I am having these stroudwatts in sydney. Annabelle im Annabelle Droulers in hong kong. Shery i am shery ahn. More than 1100 people were killed as fighting between israel and hamas enters a third day. The u. S. Is moving an Aircraft Carrier strike closer to the region. The middle east goes to war with the yen and go higher. Soil traders watching calls for governments to support the palestinian people. Iran is a key or producer and backer of the hamas group. This is how wti and brent are coming on in the Asian Session after a shark attack by hamas on israel. Iran is now seen as a wildcard when it comes to conflict potentially spreading to the rest of the middle east. This is the pricing after oil posted its biggest weekly drop since march. There is no immediate threat to supply at this point. However, we are watching very closely the vital shipping route that tehran previously threatened to close and of course Higher Oil Prices could mean global Gover
Getting a carryon of this sanguine sentiment coming through from asia overnight, we had some exuberance yesterday after hitting fresh record highs. Our hopes that we could get up three chris is tax reform surprise prechristmas tax but are concerned about a partial Government Shutdown if a deal is not reached by next week. Over all we are seeing a pickup in the markets. One thing we are watching his commodities. We of course have a situation where it has been a extraordinary bull run when it comes to commodities so far this year and a lot of it has in down demand in china continuing to pick up. We are going to be looking into the question of whether that will be coming to an end, ryan, given that we are seeing the Housing Demand pull off in china cool off and china. In north korea, sanguine reaction when it comes to the equities markets in asia. You can see on the chart, we ave had the increasingly repetitive indications that the missiles have gotten more advanced incapability or nuclea