That is your gain on the day. We are straddling the line between gains and losses. Quadruple witching going to keep a stranglehold around that 3000 level. Weve actually seen a little bit of a rally and bonds this week. A fiveday win streak for the 10 year, two year, and the 30 year, something we havent seen since early august. Volatility subdued below that 14 level. Below on the year was right below 13, so we are basically down at the bottom of the trading range for the year to date. Some folk saying that could be a signal to go long vol. 0. 4 ,ng markets up about alternating between gains and losses all week long. We are back to again for friday after the loss last week. A lot of people trying to make sense of centralbank action and how that is going to feed through to the dollar, two rates, and a lot of that emerging market access. Guy massive week for monetary policy, with decisions from the fed, the bank of england, the snb, plenty more. Heres a wrap up of some of the key comments
Vonnie in the united states, fractional gains for the s p, up about 0. 25 . 3. 3 two stocks, at t up on the news that elliott has taken quite a substantial , andion in the business part of that is that the stock rises by 50 , and that margins expand pretty rapidly. Up 3. 5 as well. It will be interesting to see what happens tomorrow at the investor day. Investors looking for all sorts of answers, including whether les wexner continues to stay at the helm. Guy sticking with the markets and the Global Impact of trade and a long list of geopolitical concerns, we are joined now by mark redman, omers global head of private equity. Big canadian pension fund, so youve got a pretty clear view of what is happening around the world, and probably you and your colleagues invest into most of it. Lets talk about what you guys see in aggregate. Its been a very long economic cycle. Is it likely to come to an end . Mark thats a great question, and thanks for inviting omers onto the show. Much appreciat
Index is up 1 today as well. Key banks saying memory chipmakers are possibly on the rebound come so that has some rallying today. So that has semis rallying today. Its get to our guest, Charles Dumas of ts lombard. What will mario draghi announced tomorrow . Charles i think he will come through with some further 10 basis point move may be on the negative rates, from 42 50. 40 to 50, and with tiering on the banks. That is the important thing. Theres also likely to be a revisiting of quantitative sing, for which theres about , yeorth of scope Something Like 30 billion a month. Vonnie weve been hearing from strategists and economists that say there is really not much that that kind of easing will do, that that kind of stimulus, and even earlier on, our guest took exception to the word stimulus, saying this is not going to stimulate european economy. Charles i dont think it does. I think your guest was correct. The basic point is for 10 years now, or at least since 2011, the euro zone has
Of magnitude being reflected in other Asset Classes area we are seeing some pressure in the apprentice and the british pound. Boris johnson skipped an outdoor conference. Was notrg decided it going to happen and the Prime Minister delivered a press conference with an unmanned podium next to him. Boris johnson was meant to be there but wasnt. The pound down. 7 . Vonnie there is the potential to have market moving ripples. , 61 ait in crude oil barrel. More than 11 . S p 500 dipped below 3000. One third of a percent lower now. Oil companies and American Airlines. The 10 year yield was 185 and not going lower. The dollar is beginning to strengthen. Moving in the direction of not usually amplified by the oil story. Guy the story is the story today. Lets get more insight on the attacks on saudi arabia and where we go from here. Joining us from london is neil brown, and here with me in the studio is the global head of xbox of fx strategy. Would it be possible for the rebels to have launched
It adds to the impact on confidence from all the tariffs and it is very muddy. We do not know if talks will happen between the u. S. And china. Both sides seem to be happy to keep it that way. We are off our lows. Oil companies, retailers, you name it, a gamut of companies is lower today. Have happened doesnt Companies Higher and barely higher at that. Moneyar yield flowing into treasuries. Index is shaving off some of the strength. 99. L above the pmike a look at data, the manufacturing isn data we got this morning. The u. S. Joining peers, the u. S. Is the white line and it is incorporating the latest data. You can see it joining all the rest of those countries with the exception of greece. Greece is doing well but germany is the worst performer. And coming in just above the u. S. Is china. Just a little bleaker today. It is certainly turning in that director and, the manufacturing side getting worse and worse. Attention to what is happening here in westminster in london. The british