President s, you need to put a tiger in the tank. It is very clear what the uk needs. Uk Prime Minister says a brexit deal by the end of the month is possible despite key sticking points. Jeff bezos goes to washington founder and ceo is willing to testify after long resisting a longranging inquiry of antitrusting nbc confirms north korea has blown up an office hours after they threatened to take action. A warm welcome this morning. A lot to get to. Lets kick off with the energy markets. We have a fresh report out of the iea. The iea has raised the 2020 forecast by nearly 500,000 barrels a day due to demand from china and india as well as the lockdown Global Oil Supply outlook fell in may opec plus countries reduced out look by 9. 4 Million Barrels a day. Interesting to see that they do now see a stronger Oil Demand Forecast than they now had seen previously they note that oacd industry stocks rose to 3. 1 billion above fiveyear average. In terms of oil demand, that is coming from bette
Billion in Box Office Sales this year and one of the most anticipated movies doesnt hit theaters until next week Worldwide Exchange begins right now. Good morning and welcome im Courtney Reagan in for Brian Sullivan you know its me because you have Country Music playing its my favorite here is how your money and Global Markets are looking this monday morning stock futures indicating the dow will open just slightly lower at this point and this, of course, you can see the Dow Jones Industrial is down by just 31 right now, the indication but this is as the dow comes off the best day since october 4th, surging more than 330 points after that breakout jobs number on friday morning. And hitting those 50year lows for unemployment lets get a quick check on whats going on in fixed income and look at the bond market this morning. The yield on the tenyear is 1. 822 and the twoyear note 1. 611. Lets check what happened around the world perhaps while you were sleeping here in the United States, the
Talk about an apple a day. New reports the latest Iphone Models are selling better than they expected. Trade war hitting europe right where it hurts we are live from parma, italy with a look at one industry preparing for the worst. Ready to say cheese. It is friday, october 4. Worldwide exchange begins right now. Good morning. Happy friday welcome. Im in this morning for Brian Sullivan we start with breaking news out of hong kong where the chief executive carrie lam just wrapped up a press conference. Our own chery kang is live Going Forward with what some key people call a last resort banning face masks, invoking Emergency Powers giving them the power the make laws in emergency situations and goes ahead with those measures the Hong Kong Government highlighting or trying to minimize the reputational damage of this discussion take a listen. Hong kong is not in a state of emergency we are not proclaiming that hong kong is entering a state of emergency but we are indeed in an occasion of
Resigning after a spy probe. And we are getting a read of how much people are planning to spend on the holidays this year. The internet has changed everything Worldwide Exchange begins right now. Good morning, good afternoon, good evening welcome. Im Brian Sullivan welcome to the Fourth Quarter. The first three months have been an adventure of a lifetime the s p 500 jumping 19 in nine months that is the best performance for the first three quarters of the year since back to 1997. The First Time Since then that the total returns was more than 20 for the first three quarters of the year, going back to 1997. We meleer right on to that futures up 92 indicating more gains ahead. At the end of the show today, we always do the rbi, random but interesting. We are not going to do that today. Call it an entire hour of rbi. We are going to show you starts of the run and bonds have been a stand out as well. Bonds have gone up considerably. Yields have come down. Weve come up but we are still at 1.
Now we are at 29. 80ish we have been going side ways most of the year in 1997, the year started at an alltime high and went up. It is true. You think about where we were Christmas Eve and we had taken a huge plunge. We got it back interesting on the performance. Similar to the u. S. But china lagged significantly where we are in the trade war. Who is hurting more or less. Down about 4. 7 china has closed today but something to keep your eye on treasury yields are up part of that because of a weak japanese option not exactly for risk on reasons. I wonder if the new quarter means youve loosened up a little bit looking even at absolute levels, a lot of that has been weak. At the end of the quarter, it hasnt money too significant well be a bit of a head wind. Still talking about growth from 6 yesterdays day was fractionally better the eurozone manufacturing and final print was a tiny bit of expectations still the worst to october 2012, the Global Growth out look does not look particularly