Vonnie gasoline inventories, that showed a build of 3. 3 Million Barrels. Is thaty the headline crude Oil Inventories showed a 1. 1 5wn last week of Million Barrels. It has been a risk off tone. Energy companies are benefiting from the spike in oil prices on both sides of the pond. Decline500 is showing a of 0. 75 . It is following the other indexes lower as well. Analysts showing stocks higher. Some of the Security Companies like Lockheed Martin is up 3. 4 . Guy european stocks are down. They are off their lows. The ftse 100 is now positive. The ftse 100 has lots of oil stocks in it. The dax is underperforming in europe. The aviation sector under pressure today. The bond market is catching a bid, moving six basis points on a german tenyear. Brent crude elevated. You would expect brent to be a little more aggressive of a move in the middle east rather than wti. The ism number today not exactly great, plus this story out of the middle east. Vonnie this will be all of the talk at the Ame
And the u. S. Is out with secretary pompeo showing they had intelligence showing there was going to be an imminent attack that justified this strike at an iraqi air base where Kassem Soleimani was believed to be coordinating the actions of the iranian officials in the country. David the ayatollah has said there would be serious repercussions for the United States. What is the United States doing to try to protect us against possible attack . Bill u. S. Has ordered americans in iraq to leave. It is bolstering security at key facilities. There are a lot of new potential targets for iran to strike out in the middle east. Dozens of military and civilian targets, as well as more soft targets, places like shopping malls and other soft targets in countries and the region. There is a lot for the u. S. State department and the department of Homeland Security to do in the u. S. Analysts are looking for a possible early reaction or response from iran to come on a cyber channel. Korea andith north
Mester, president of the Federal Reserve bank of cleveland, a Voting Member of the fed. To start with what we were just talking about, the ism numbers this morning. Quite ugly, unexpected. New orders, production, and the headline numbers all the weakest since 2009. Does that shake your confidence that this will be a reasonably good year for the economy . Underlying fundamentals are so good, manufacturing has been weak for some time. Growth affects our manufacturing and export numbers, and also these uncertainty surrounding trade. That has affected Business Confidence and their spending plans. We see it in their investment numbers. Early on, when the trade war started to heat up, the firms that we talk to were telling us we are still on plan, it gives us some pause, is a concern, but we are still on plan with our spending. As it has gone on, they are rethinking their plans, and we have seen that in their numbers. I think the manufacturing numbers, obviously, a better number would have b
Market. 33 basis points. Auto. Ft significantly not a massive change, but still notable. The dollar index is up. Lower. Uber is a lower by 2 . It is between 96 and 97. Tesla is down now for percent. Tesla one of the most interesting stocks giving away you have the first delivery of kinds to cars to shanghai vehicles made by factories in workers and also receiving a shanghai. Note that may be the model three it may miss the delivery target for demand saturation. Saturation is in terms of demand vonnie thank you. Kailey leinz with our market and that continues for tesla. Check. Here in europe, light volume. Us on key analysis. Stocks are down, 7 10 of 1 . Save your favorite for future we will talk about that in a reference. This is bloomberg. Moment. Eight basis points. We are 18 on the german 10 year. A selloff around the world for global bond markets. Here is an assessment from where we go next. We are joined by the head of fx strategy. Nice to see you. You dont like the dollar. I dont
We will be asking if the company can find a way back. Sophie and economists say we may be entering a period of peak dovishness. Posse shares opening flat after following the most on wednesday. We are keeping an eye on a weak Earnings Report as well as Oil Companies with brent extending declines and opec not pushing for deeper supply cuts. The chairman spoke of caution in the short term with capex below 8 million u. S. Dollars for 2020 and 2021. Checking on the aussie dollar, treading water near a oneweek low while aussie bonds are gaining ground on a possible delay to a u. S. China trade pact being signed. Futures pointing lower after japanese shares ended wednesday flat amid signs of overheating. Breaking news crossing the bloomberg on google, google said to be mulling changes to political ad policy, this coming on the back of twitter saying it is voluntarily suspending political adverts on its platform. Facebook on the other hand really more embracing it. Google now said to be mullin