Analysts take on. Our analyst take on the big story. Joining me is ceo and a middle east advisor. Our spotlight is on the middle east. A lot has happened in the last week. It started thursday when two tankers were damaged in the gulf of oman. Friday, President Trump formally accused iran as the perpetrator and on monday, the u. S. Ordered troops in the middle east. As a ron warned it would breach the stockpile in 10 days. Thursday morning, iran shut down shot down a u. S. Drone and President Trump addressed the situation while meeting with canadian Prime Minister justin trudeau. Pres. Trump iran made a big mistake. This drone was in international waters. Clearly. We have it all documented. It is documented scientifically, not just words. They made a very bad mistake. Alix what is the end goal here for the u. S. . Ultimately, to reach some kind of diplomatic negotiation and agreement. We are far away from that. At the moment, they are probably thinking about additional sanctions, possib
Companies, physical assets and the trading behind the hottest commodities with the smartest voices in the business. We kick it off with spot on, our analysts take on. We start our analyst take on the big story. Joining me is ceo and a middle east advisor. Our spotlight is on the middle east. A lot has happened in the last week. It started thursday when two tankers were damaged in the gulf of oman. Friday, President Trump formally accused iran as the perpetrator and on monday, the u. S. Ordered troops in the middle east. Thursday morning, iran shut down shot down a u. S. Drone and President Trump addressed the situation while meeting with canadian Prime Minister justin trudeau. Pres. Trump iran made a big mistake. This drone was in international waters. We have it all documented. It is documented scientifically, not just words. They made a very bad mistake. Alix what is the end goal here for the u. S. . Ultimately, to reach some kind of diplomatic negotiation and agreement. We are far a
Voices in the business. We kick it off with spot on, our analysts take on. We start our analyst take on the big story. Joining me is ceo and a middle east advisor. Our spotlight is on the middle east. A lot has happened in the last week. It started thursday when two tankers were damaged in the gulf of oman. Friday, President Trump formally accused iran as the perpetrator and on monday, the u. S. Ordered troops in the middle east. Thursday morning, iran shut down shot down a u. S. Drone and President Trump addressed the situation while meeting with canadian Prime Minister justin trudeau. Pres. Trump iran made a big mistake. This drone was in international waters. We have it all documented. It is documented scientifically, not just words. They made a very bad mistake. Alix what is the end goal here for the u. S. . Ultimately, to reach some kind of diplomatic negotiation and agreement. We are far away from that. At the moment, they are probably thinking about additional sanctions, possibl
To see any sort of intervention in the session today . Did just get more jawboning, across from the japanese finance minister and even he seems to recognize that his comments at ba you, because he has put out a statement saying he is watching fx moves with a high sense of urgency as usual. Something he has said in the past but we will watch for a more concrete action coming through the end, holding above that 150 mark. It is really a function of the yield gap between the fed and the boj. You can see the 10 year yield just coming online fairly steady but at that level you are around six times higher than the counterpart in japan. The ggp 10year at yields. A stocks wise traders are focusing in on those bond market moves. And corporate earnings. You just mentioned meta but shares sliding and you can see that after hours move their down around 4 . The warning amongst others and on the economic outlook, so not a great lead into the session today. It is not just earnings in the u. S. There a
My chart of the morning has to be with carper copper. ,ou are looking at nineday run the longest winning streak since 2004. What it means for inflation, we will dissect that. David lets find out what is going on outside the business world. Emma some new Jersey Transit riders are facing decades of tax hikes to subsidize a new 12 billion into manhattan. Outgoing new Jersey Governor Chris Christie proposed a surcharge in his state until at least 2038. He canceled the hudson river rail tunnel in 2010, saying he did not want to burden taxpayers. The great lakes is dealing with recordbreaking snowfall. Yuri, pennsylvania was hit particularly hard with 63 inches of snow since christmas day. At least another five to 10 inches are expected. Chinas leading policymakers plan to discuss amending the National Constitution for the third time since 2004. The decision was made today at the meeting headed by the president. The party will convene in january. There are no details where possible changes c