From there in london. The markets appeared to be settling down and we are joined by outstanding guests today. Led by bill gates. He would join us to talk about biotech and drug pricing. Alix cromwell we be joining us more regulatory hurdles facing the banks. But first, we have a slight rally on the table for today. Jonathan features are firming up about. 2 and the ftse is an positive territory and raising all of the post brexit gains. He dax is up as well i want to talk about what is happening in other asset classes. Boris johnson does not run and cable jumps, the pound a stronger marginally. We will discuss why. 1. 52 . Unchanged at we are heading for the strongest quarter for crude since 2009. To wrap up all of the stories, lets go around the world and check in with our Bloomberg Team for indepth coverage of our top stories. Anna redwood is in london on the race to succeed Prime Minister cameron. Julie hyman in new york on the last day of the Second Quarter. Lets begin right here in
Oil is back below 48. Our roadmap begins with more volatility after last weeks postbrexit rally easing capital requirements. Plus, tesla deliveries come up short. The stock is down 4 . And the u. S. Are passing sued i arabia and russia in oil reserves, and falling below 50 even in the wake of those terrorist attacks in saudi arabia. Both oil stocks and futures moving slower than Economic Growth after the u. S. Equity markets posted their best weekly of the year. The dow and the s p gained 3 . Last week we used the term roller coaster a lot. And i dont know if you noticed, europe is having a banking crisis. Ground zero is italy, theyve had some issues again with month i depashi, and theyre not dramatically lower, and the situation and what triheyre gog to do with the recapitalization. They could hurt a lot of individual bond holders. Crisis is the right word . Italy is having a banking crisis. Many of their banks are bankrupt. The question is how. January 1, all the rules change. You ha
Ten points. The nasdaq off by 22. Crude oil prices were up sharply overnight, topping 40 a barrel. First time weve seen that in quite a while. That came after the announcement yesterday of a surprise job in u. S. Inventories. However, wti has turned around since then. Looks like we flipped that contract, too. If you were looking at 40 overnight, were now looking at the may contract. Thats a decline of 7 cents to 37. 69. It will be interesting to see how this new contract plays out. We did see a huge gain in crude oil prices yesterday. The other big mover this morning, currency. The dollar hitting a 17 hch month low against the yen. This came after the minutes from the last months fed meeting suggested that the central bank is unlikely to raise Interest Rates before june. There were a lot in these minutes, but most people are looking at the doves comments after what we heard from janet yellen just last week. Brian . Some corporate stories to talk to you about this morning. Just go right
From bloombergs European Headquarters in london. Also coming up on the program, oneonone with samuel l jackson. I sat down with the actor to discuss his role in the Star Wars Franchise. Later on, we are live with the ambassador to the u. K. We will ask him what legacy the world cup will leave for brazil. Iraq insurgents sweeping the northern part of the region. Opec called for u. S. Military intervention. Ryan chilcote joins us with the details. The benchmark for the United States, is set to make its biggest weekly gain since september. Now well over 100. Then you have brent, the benchmark for the rest of the world and europe. It is now over 110. Same reason, on the back of this chaos in northern iraq. Two dozen analysts we talked to yesterday, only three since only three of them think that prices will decline next week. The issue here is to what extent does the violence in the north of the country really affect to theability to get oil markets . That is a question we put to iraqs oil
Welcome to those waking up in the United States. This is the pulse. Lights, camera, and lots of action. What does it take to make a stunt performer . Lust, putting their best faces ialward, the newe face recognition software. From turkey to russia to israel, we have it covered. We have our international correspondent, hans nichols, live. Ryan chilcote is here with me in the studio. The nation has deployed troops in baghdad. Aviv atins us from tel the latest on gaza. That start with hans. Erdogan wins the president ial election. 52 of the vote, extending his leadership until 2019. It has consequences. It has consequences. The question for erdogan is does he take the power play, the pageantry of it all, and can he do it seamlessly. The leading Business Group has called for him to stop polarizing turkey. The question today is what is the reaction going to be from erdogan and the International Community . The lira is down. It has been down this morning. The stock market is up. There is som