500 futures up about one third of 1 . Ftse futures higher by 2 10 of 1 . Unbelievable to see a zillion euro in the mix a resilient euro in the mix. The story is the equity market yesterday. The more cyclical sectors, bottom of the pile in the u. S. And europe, Energy Stocks having a tough time of it in 2020. Annmarie they have. Both sides of the atlantic, energy getting pummeled. That brings us to bp results. The first of the oil majors to report earnings kicking off the week. Adjusted net at 86 million. The estimate was for a loss of 116. 8 million so that is something that will boost bp. Is expected to fall in the fourth quarter. So far, it is not looking too bad. Analysts were expecting a loss because right now, the refiners are having trouble turning a profit because demand is so low. When you turn that crude into things like gasoline, the demand is not there. The volatility buying all the oil and selling it at a higher price, that saves a lot of these majors in the last quarter an
Debt as collateral for loans as eu leaders meet today to discuss a 2. 2 trillion revival plan. Loan provisions jump at Credit Suisse as the lender builds reserves to withstand the coronavirus pandemic. We will speak exclusively with the banks new ceo just after 9 00 a. M. Hopes forrs crafted higher profit in 2020. And the earnings deluge continues. Revenueetting hermes out, down 6. 5 percent, which does not seem quite so bad all things considered. Anna we are getting numbers out of unilever as well, so the earnings daily continues. Things not looking great for unilever. Delucia the earnings deluge continues. Growth of zero, so 0 . The estimate was of an increase and itr just over 2 , seems on pricing and on volume they missed estimates. Pricing looks to be lower than estimates and volume looks to be lower than estimates. That seems to be where we are on the top line. They are also saying they are withdrawing their previous 2020. Uidance First Quarter underlying sales slack, as i mentio
Joe, the big story is oil prices once again im ready to move out past june move out where . June is too close if we are not going to open anything up, no reason to think it will be anything different than minus 38 a barrel it is related to the price of gold and the price of a suit, so i should have been buying andrew, you are spending 10 times what you are on a suit with those hugo boss things. Which none of them have belt loops for 4,000, you could get a couple of belt loops no hugo boss. It is ralph. Ralph who oil prices, it is not funny. This is out of the realm of anything weve ever seen brent crude only a 20year low you look at wti or what may was before the contract rolls. It is incredible supply shortage spiked overseas. The u. S. Movement, wtis june contract the price giving up earlier gains. Up 11 see, im ready to move to september. August at some point what does this mean for the saudis youve had your picture taken there on a sand dune youve got a feel. They should have done
Is iraq becoming a proxy battleground between washington and tehran angry protesters stormed the u. S. Embassy in baghdad after some of the u. S. Attacked in the arabian backed our military so how can this latest tension you can take this in inside story. Out of their warm welcome to the program im Julie Macdonald dramatic scenes at the u. S. Embassy in iraq support as a members of the rainy and backed Popular Mobilization forces surrounding the u. S. Embassy compound in iraqs capital baghdad their demand an end to American Intervention in the country they threw rocks and set fire as ive cited security personnel responded with tear gas the u. S. Then deployed marines to secure the compound before the protest as leaders told them to withdraw President Donald Trump blames iran for the demonstrations but tehrans denying being involved at all as widespread anger over recent u. S. Airstrikes against the has blah brigades in syria and in iraq u. S. Says they were launched in retaliation to a
A proxy battleground between washington and tehran angry protesters stormed the u. S. Embassy in baghdad after some of the u. S. Attacked in the arabian backed our military so how can this latest tension we can take this instance like story. Well there one welcome to the program im Julie Mcdonald dramatic scenes at the u. S. Embassy in iraq supporters and members of the rainy and backed Popular Mobilization forces surrounding the u. S. Embassy compound in iraqs capital baghdad their demand an end to American Intervention in the country they threw rocks and set fire as ive cited security personnel responded with tear gas the u. S. Then deployed marines to secure the compound before the protest as leaders told them to withdraw President Donald Trump blames iran for the demonstrations but tehrans denying being involved at all as widespread anger over recent u. S. Airstrikes against the has blah brigades in syria and in iraq u. S. Says they were launched in retaliation to a rocket attack o