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Transcripts For BLOOMBERG Bloomberg Go 20160601

Will cover all the commodities. Caroline hyde in paris on a warning by the oecd, and Ryan Chilcote in vienna previewing the opec meeting. We begin in asia where Prime Minister shinzo abe has decided to postpone an increase to the sales tax. Delayed once, it is twice, and i am wondering if we will ever get it. Enda i think it just shows you how nervous the outlook is for japans economy. Japan has the biggest debt burden and they have been trying crying out for the government to do more to tackle debt. Minister day has had to step back again and surrender and say, we need to do more spending and try and get growth going. The economy keeps flirting between contraction and expansion. It is also interesting in terms of what it needs means for the bank of japan. We have already seen the reaction, a big gain in the end today as it takes pressure off Central Banks in the yen today as it takes pressure of signature banks. It shows you that japans economy remains on quite narrow footing. The dol

Transcripts For KICU First Business 20140501

Rest of the stock market. With the nasdaq adding on 11 points the s p 6 gold dropped by 5 dollars. And oil is trading back bellow 100 per barrel. In earnings after hours. It was a big night for weight watchers. The stock pumped up 13 as the Company Reported a slim down in earnings, but the outlook was better than expected. And la clipper chippers. Media mogul Oprah Winfery and oracle Ceo Larry Ellison are on the list of potential buyers in the Los Angeles Clippers in the wake of the teams ownern Donald Sterling being banned from the nba for life following racist remarks. Here we go with trader bob iaccino, chief market strategist, at tethys partners. Good morning. Lets talk about market reaction. Lets. The stock market is reacting already to the fed and gdp. Now today we have the ism number coming into the market. What do you anticipate . I think well be looking very closely at the jobs number. Yesterday at the close of the fed meeting, you saw very little reaction and very little chan

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