The 10 year yield was up 72 basis points after that refunding announcement and the new twentyyear issuance will be bigger than the primary dealers were thinking. The median estimate was for around 13 billion but thats now 20 billion worth of twentyyear bonds being issued. Demand for them and now we are back to the stock market and we are seeing the s p 1 sondred up 4 10 of its recovered those earlier gains. The nasdaq is running away once again, up 1. 2 with several thats are credited for including the lights of beyond meat and stocks you would not normally associate with a climb. The dollar index is above 100, continuing to strengthen but not a huge amount of movement in the yuan. Crude oil is back at the lows of the session, down 2. 4 after we saw the build coming in lighter than the market had anticipated. Quite a hefty build last week but the markets recovered slightly and we are back down almost 4. 5 . The European Data continues to be grim. The European Commission says they could
The road to hold. Fatah minutes is suggested the central bank will keep rates suggestd fed minutes the central bank will keep rates unchanged. Ubs names its new boss. The worlds biggest wealth manager pouches ings ralph hamers to succeed Sergio Ermotti as ceo. Just under an hour away from the start of cash equity trading in europe. I want to take a quick look first off that ap mollermaersk coming out with earnings this morning. We are looking at a shipping company that posted earnings a little bit ahead of schedule. Let me just pull up the ticker here. Inmollermaersk in denmark, copenhagen of course, right now putting at earnings out earnings. Tda at about 5. 5 million. 5. 5 billion. Ap mollermaersk missing with da. Forecast for 2020 ebit we see the previous years earnings. Previous year and a on the forecast as well. We are getting a lot more here across the wire. Anglo american coming out with earnings. That may go ahead and pull those up as well. Angloamerican fullyear adjusted eps,
Back of that data. Refinery utilization was positive by 1. 4 . The market was looking for that to go into the negative by 0. 5 . Crude Oil Inventories rising by 415,000 barrels only last week. Gasoline inventories was a drawdown of nearly 2 million barrels. Lets check u. S. Markets more broadly. The major indices are really unchanged, but we have a few major movers, including viacom cbs, which disappointed in its First Quarter as a combined company. Investors are really punishing that stock. Guy a bit of breaking news, the unicredit boss looks like he is emerging as a potential hsbc ceo to get the job. Remember, noel quinn currently yethe interim ceo at hsbc, the interim ceo putting out a is involvingk that deep changes in the way hsbc runs its business and potentially a retrenchment back to the middle east and into asia in particular. He thousand jobs potentially going even further down the road. There were Big Questions as to whether or not noel quinn would ultimately be the person t
Said he was waiting at a light when three people suddenly charged his car. They were pointing a gun at me and i cannot letting him and he kept trying to open my door and he finally opened it. Reporter the driver said he was hit by paramedics determined him to be okay. Minutes after the first carjacking attempt at a half a block down ninth the same suspect smashed a front window of this car while the driver was parked and the rest is able or. Having a window broken on you is always really terrifying. I am just really glad that i got out of this with a little bit of a cut. Reporter in all three cases the suspects were able to escape and the victims do not get hurt. Police are saying this is not normal activity. It is definitely unusual but we do experts carjackings throughout the city, but i would not say that there is an uptick. Reporter police are collecting footage from nearby businesses who may have cut them in action. Police say that they do have descriptions but they are not making
Trade deal, but is focused on unrest first. Blocking a no deal brexit. Jeremy corbyn asks the rival party to support him as Prime Minister in a coalition to block Boris Johnson from pursuing a no deal brexit. Welcome to daybreak europe. Hit a record low yesterday and continues slide today. Below 2 for the First Time Ever. We continue the inversion, but will it stick . Does it mean you want to stop taking risks off the table straightaway, or have you got 18 months to consider . That is the question for the markets. Yesterday we saw a riskoff with the s p 500 dropping 3 . The dow having its first route of the year dropping 800 points. We see stabilization in futures today. Its not all about bond mageddon. Bond carlsberg is out with earnings today. It is going tog initiate the brew were brewer saying it is going to initiate buybacks. Outlook onsed that august 8. In terms of the first earnings, income was 30. 4 billion krona. 5. 17 danishas krone. Net income and ebit are both out. Sales is