Its not difficult to be crabby when you are basically living hand to mouth with government stimulus. I thought that encompassed the markets perfectly for a day like today. A lot of earnings coming out. Delta looking at a 50 cut in daily cash burn by the end of june. In terms of their First Quarter loss, they had about a . 51 loss , and revenue was down 18 year on year. As we expected, pretty brutal when it comes to delta. Baker hughes, oil services company, saying the outlook for oil and gas is certain. No kidding. The revenue down by about 4 year on year. 0. 11, acoming in at little bit light. Lets get you some of the headlines here. All of todays market moving news from new york, as will is washington. Brent crude getting sucked into the lowest level since 1999. Bloombergs part two thought to be role bloomberg spoke to thought he be role spoke to fatih birol. Some of the countries are cutting their production earlier than announced. Others joined them. If others do not follow the ste
Alignment is not the same as regulatory alignment in the future. Prebrexit mps will grow sour. It might depend on how much ambiguity there is. Ambiguity is the key, it is beautiful. It irish tea shop said himself. It means everyone can go back and claim victory. Phrase fromderful lloyd george, who created ambiguity in negotiations. Agreement signed back then. That was the whole point. Ambiguity,on and beautiful things that let you overcome a lot. Forink that is it from a us the moment. Lets see where these negotiations go. That. Thank you for Senior Investment manager at aberdeen standard investment. Manus lets get the first word news with juliette saly. Juliette the u. S. Congress is passed asap two week extension that ever take government shut down. Untilers now have december 22 to settle some larger issues on spending and legislation. At the same time, they will rush to finish work on tax legislation before leaving washington for the holidays. Germany has moved a step closer to a ne
Fully back to go welcome to the news great christmas in the shadow of times Jerusalem Decision festivities in the holy land have taken political undertones as christian leaders come out strongly against the u. S. Recognition of jerusalem as israels capital will be live in bethlehem where celebrations that began and well also explore the challenges christians in gaza face this Holiday Season. It will be a miserable christmas for many people in the southern philippines the death toll from Tropical Storm tembin has risen to at least two hundred people and more than seventy thousand have been left without a home well hear how filipino expats in the gulf are coming together to help those affected in their homeland also on the grid why is Africas Largest Oil Producer short of factual thousands of nigerians have been forced to sleep at filling stations amid a new fuel crisis this by the government assuring citizens of abundance a. Lies explore whats causing the outrage im sata hired not to te
Impacted by the hurricane as you have pipelines and refineries out of work. Its great to get a read on the state of their business right now. In particular we will be speaking to the ceo of show near , the only company that can export liquefied natural gas in the country and it is down on the u. S. Gulf coast. Is it operational . Is the buildout having any issues . What does it say for the future if you are so concentrated on the gulf coast . Look forward to that. Since you are over there, i have the privilege of welcoming lisa abramowicz. See hers so great to so excited in her element. Its a lot going on right now, we are looking forward to hearing what she comes up with. Right now lets get you up to speed about what we are looking at the head of the open of u. S. Markets. S p futures are up just the touch, the dax up more. The u. S. 10 year yield is down, which is interesting, because , butave risk on in stocks risk off, yields down, price up and the euro continuing its trend of stre
Positive start. European equities were solidly bid on friday. This morning, where is the action . The pound softening up, 1. 2 991. We will talk about the dollar throughout the program. Jamie dimon pretty positive on the u. S. Right now. Has the market gone too far . The consensus trait seems to be negative dollar. Lets show you what else is going around the world. We will bring you the stories out of brussels, the greek twoyear not the most liquid story. Overnight,idly bid something to Pay Attention to as well. The commodities continue to be fascinating. Watch the chemicals sector at the getgo. This huntsman transaction could have action elsewhere. Heres haidi lun with the update. Haidi guy, thanks. In saudi arabia, u. S. President donald trump has told arab leaders that the war on terrorism isnt a fight between different faiths. He also called on middle east allies not to wait for u. S. Help to crush terror groups, and assure terrorists find no sanctuary. It was an attempt to ease co