Time hour. Came out 20 minutes earlier than anticipated. It showed no clear sign of whether the fed would hike rates in september. We have Steve Liesman standing by to break down that data for us coming up. You know, i was going to say, these are two sides of the same coin in a way. Speaking of breaking down, take a look at oil, its down more than 4 today, its trading below 41 a barrel. Were watching to see if it punches through that 40 mark. Look how close it is right now. 40. 62. And the september wti contract, down almost 5 on the session. Again, were looking at lows since march of 2009. Weve got a top commodities trader to discuss whether a floor is in sight. And, of course, all of this feeds into what will the fed do . What is inflation going to do in this country . Always interrelated. Thats for sure. Meantime, 1 trillion, thats how much money has come out of emerging markets over the last 13 months. Were going to discuss whether you should be following that herd or maybe take a
Global benchmark Brent crude oil futures traded 4 cents higher at $87.39 a barrel by 0153 GMT, and U.S. West Texas Intermediate crude futures also gained 4 cents to $81.94 a barrel.
The currency had dropped to a record low of 83.5750 on Friday but has since recovered modestly helped by the central bank s intervention and as fears of escalation in the Middle East conflict ebbed.
With U.S. stock markets set to open in two hours, (OKTA) was up 25.1% in pre-market trading, and (DUOL) was up 19.2%. (NTRA), (PSTG), and (ELAN) were all.
With U.S. stock markets set to open in two hours, (TTD) was up 18.0% in pre-market trading, and (COIN) was up 14.9%. (SRPT), (AMAT), and (PCOR) were all.