Yield actually lower. Still seeing a bid in the long end, but nothing dramatic appeared to what you wouldve thought when headlines broke saturday. Lets get the update here. Time now for global exchange, where we bring you the market moving news from around the world. Joining us from riyadh is yousef , and Michael Mckee here in new york. We begin in saudi arabia, where aramco tells customers certain deliveries will be delayed, especially in october. Yusuf, give us the latest yousef, give us the latest. Yousef we are waiting for a Firm Response from the saudi government. The Foreign Ministry made it clear that they are going to treat this aggressively. They will defend the land, and we expect a press conference from the Energy Ministry as well to outline the day in a bit more detail the exact damage to the infrastructure. Bloomberg even understands a tour of some of that damage could be in the offing, but at the moment, saudi aramco scrambling a little bit to get those oil barrels to the
These are your markets with a little bit of uncertainty because of a drone attack in saudi arabia over the weekend. Trying to figure out the implications for the middle east and geopolitical tensions. This is what we are seeing in european stocks. Crude oil off the highs we saw the last couple of days where it surged from 17. Press conference from Boris Johnson yesterday, a little bit of weakness when it comes to pound. Watch out for the Supreme Court hearing. We are expecting it couple of days but it starts today on the thingsy of some of the parliament but also the government are trying to do with brexit. Economic nobelhe prize winner coming up at 11 a. M. London time. Lets get the first word news. Vivina in the u. K. Is where we begin. The Supreme Court starts hearing the case against Prime Minister Boris Johnsons suspension of parliament. At the center of the debate is if the decision is a matter for the court. The court may not rule until next week. President trump says the u. S.
Percent. Talking earlier on nash at 1. 99 . At 1. 99 . The fedearlier on about injecting some liquidity and trying to settle the market. We will wait for announcements out of the fomc meeting tomorrow. At the moment, we are seeing the threemonth yield rise. That could be because the market solve thiso indigestion we are seeing in shortterm markets. Newmont mining is the best performer in the s p 500, up 3. 8 . We were just speaking with the coo about meeting production targets for the year, and interested parties in red lake, a potential divestiture. The stock has been rising. New york crude, wti, down about 5. 9 , keeping with that brent move. Its been a wild ride the last two days. Paul sankey confirming from his sources what we are also confirming, that saudi could have production back up and running into to three weeks. Guy lets get the latest. The reports seem to suggest that saudi will be able to restore some 70 of Oil Production lost after this weekends attack, much earlier than
International monetary funds Chief Economist Pierre Olivier gourinchas. The imf and the world bank are having their annual meeting in marrakech and later today, Finance Ministers from the 620 and Central Bank Governors will be meeting to discuss the health of the Global Economy. According to the imf, Global Growth remains dampened by Supply Chain Disruptions linked to the covid 19 pandemic and russias war in ukraine, persistently high inflation, and spiralling borrowing costs. Heres our economics editor faisal islam. The message from the imf for the 190 Finance Ministers and central governor business in marrakesh is that the World Economy they hope had turned a corner after three years of rolling your clinical crisis. Well, it is limping forward rather than sprinting forward now with geopolitical crisis. Slowdowns in very specific countries like china that they had not expected. There is an additional worry about this new higher for longer Interest Rate world that might affect the bank
More details anton talpa. Hello, you are greeted by the Television Information service, this is the program today, its presenter is elmira ifendieva and vladimir chernyshov. And the israeli army today established a closed military zone around the perimeter of the gaza strip. Entry there is strictly prohibited. Violators face criminal liability. Against this background, israeli aviation and multiple launch rocket systems continue to iron the territory of the palestinian enclave. Tsahal assures that they are hitting exclusively hamas targets. But, judging by the footage from the sector, entire residential areas there were turned into ruins. The shelling is carried out indiscriminately. Mid palestine reports more than twenty. Destroyed houses, as well as destroyed schools and hospitals, while residents cannot get out of the gas sector , all border crossings are closed, and the only way to salvation is the rafah checkpoint leading to egypt, which was bombed by israel the day before. The ar