With a fed sandwich. Well do that with great focus tomorrow, but what a great conversation we will have with certain Howard Davies, stephen roche. Alan blinder will join us as well as we do the fed coverage. Francine yeah, and we also talk politics with Yanis Varoufakis. Im looking forward to all those interviews. Lets get to the bloomberg first word news with vonnie quinn. Vonnie thank you. Donald trump didnt get this week he wanted, but the front runner did win at least three of the five States Holding primaries. Trumps victory in florida was enough to knock marco rubio out of the race. Afterwards, trump talk to a party unity. The fact is we have to bring our party together. We have a great opportunity, and the people that are voting are democrats are coming in, into candids are coming in independence are coming in, and people that never voted before. Its an incredible thing. Vonnie Ohio Governor john kasich won his home state and says he will stay in the race until the convention. T
Oil has come up, what, 30 . Were above 40 as we go into this. And its the bigger picture. It definitely has been a big increase here and certainly a risk premium on the table. We are a little bit lower today coming from the headlines that the iranians are not sending their oil minister. You need an accord and if theyre not sending their top guy that could be a problem. Having said that. Our exclusive survey finding that 56 of the people that responded think there is more than a 50 chance that some deal is on the table but the majority dont think we go that much higher from here. But most of our respondents think that that, in fact, was the bottom for oil prices. What can we expect in the second half . They said 40 to 50 brent and wti will finish the year and that is drirget from where a lot of the street view is now. People are talking about 50 to 60, 60 to 70. Some people even saying 85. Who is holding all cards here. Its saudi arabia most certainly because they have a bigger interest
We had some importing use. Market movement, a lot of volatility. Tom a lot of volatility. We will cover that with paul donovan. Excusepresident me, the president and the chair will meet today at 3 00 p. M. What chair yellen will discuss with the president , but they are meeting. Francine i dont know if this happens very often. They may talk longer term. Tom maybe they will look at Washington Capitals prospects. I dont know. The stanley cup is upon us. Francine there you go. Lets get to the bloomberg first word news. Heres Caroline Hyde. Caroline the international furor over the penama bakers the Panama Papers anders its second week. Over the weekend, cameron addressed concerned Party Activists that acknowledged shortcomings in his handling of the matter. President argentine is promising to put his assets in a blind trust after he was linked to two Companies Listed in panama. Foreign ministers from the group of seven industrialized nations are meeting in japan, calling for a renewed pus
Into the end is weaker. Tom a little bit. The euro has been the dynamic that has changed. That stronger euro gets my attention. What i know this buried in the numera announcement was that it would rationalize the americas. I have no idea what that means but i wonder if those with 1000 jobs are not just in london. Toncine he didnt come out confirm a lot he said when until april 22. Lets get to the first word. Authoritieslgium, have charged two more men with offenses related to the brussels bombing. Prosecutors say they were involved in renting a brussels apartment that served as a hideout for the bomber who attacked the brussels subway as well as a suspected accomplice. 16 victims died in the march 22 attack, the same day a pair of suicide bombers killed 16 others that brussels airport. Brazilian lawmakers have pushed the president a step closer to impeachment after a committee in the lower house voted for her to go in the first test of sentiment in congress. The real reached a sevenmon
Mohamed elerian. The drama at United Continental airlines continues, activists looking for Board Changes as the ceo is set to return. David faber and phil lebeau will join us. I think we got him even to come down to the stock exchange. Just flew in. You can see on screen, just breaking in the last hour, Whitney Tillson is back shorting lumber liquid ators, hell explain why the shares are down another 9 . It was about a year ago that that first 60 minutes report about the harm potentially done to folks about this flooring came out. Its been quite a saga. Then covered that short position of his in december but put it back on again. Well explain why coming up in a little bit. Lets start with the todays move in energy and materials, the stocks. Bob pisani joining us. Thank you, Goldman Sachs, we had material stocks going and this morning they put out a note pouring cold water on the idea of further rallies. Heres what they had to say, oil supply and demand is not in balance and dont preten