When of the best ways to spread that message was in the music. Born to be wild. Born to be wild. Come on people. Smile on your brother. Everyone get together and try to love one another right now. It was the birth of a counterculture. This social revolution and experimentation produced music that wrapped itself around its hearts and minds and never let go. Tommy if you are like me and grew up in the mid1960s to early 1970s, you are part of a generation that tried to plant the seeds of a better social order, a better world, and knew that one of the best ways to spread that message was in the music. Born to be wild born to be wild come on people now smile on your brother everybody get together try to love one another right now people everywhere just want to be free. Tommy it was the birth of a counterculture. And this social revolution and experimentation produced music that wrapped itself around our hearts and minds and never let go. Young hearts can go that way the beat goes on the bea
Points and now is maybe 100 points higher. Part of that had to do with oil. Oil really lost steam in the middle of the day, kind of tracking stocks down a bit with it. But the nasdaq, that was a big winner of the day. In part because of apple ,onceding its best rally rallying to a threemonthtracy you mentioned oil just then. I want to bring in currencies because we are seeing a move in the dollar off the back of yellens dovish stats from yesterday. Fiveyour local man off the back of that we have the emerging market currency rally specifically being led by the russian ruble at the moment, which is really having a big, big jump against the u. S. Dollar, and of course, the brazilian real. Alix we had volatility in the currency market but not really in stocks. This cool chart comes from Oliver Renick and it basically looks at the close to close absolute value of the daily move in the s p. That redline their means a 1 move. March has just seen three days with at least 1 change versus februa
Its about time the company got established there. You can let us know what you think of todays top stories by following me on twitter. Markets in this region are under a lot of pressure tracking the downward lead from he u. S. Overnight. Good morning. Really i guess the lack luster lead coming through from the u. S. , the stronge yen weighing into Japanese Equities as well which is leaning it lower. Down by 1. 5. We are seeing energy and export stocks coming under pressure as well as the banks. Weve just had malaysia, singapore coming online. They are also joining in that, down spoy 4 and singapore reversing yesterdays good gains down in the early session. The kospi falling as well despite the fact the yuan has been holding fourmonth highs against the dollar down 0. 6 in the morning session. The Weaker Oil Prices playing into the crude prices in sydney down 0. 8 . A pretty flat start but also in the red at the moment. Ill show you some of the stocks we are watching in the region of cou
The diplomatic spat between saudi arabia and iran, and the fact that they did not find an agreement. Pullback, widely expected. But you really wonder where they go from here. I do not have a handle on what the next next is for opec. Tom we know who is in charge now certainly when it comes to oil policy, the prince of saudi arabia, and we know that opec a second. Nice bow tie. Francine i wore it tom i wore it for the queen. Francine lets go to the bloomberg first word news. Voted in the congress favor of impeaching recess. Now it is up to the brazilian senate. They say it will be difficult eff to win to rous the vote. The death toll is rising due to the earthquake in ecuador. At least 272 people were killed and at least 500 were injured. Some coastal towns were devastated and many people were trapped in collapsed buildings. In japan, the series of earthquakes that has struck the island since thursday are the nations worst in five years. More than 110,000 have lost their homes. Beth kore
After netflix result yesterday, tech was a leader on a downside. Materials and energy continue to rally. Abovell 10 S P Industries their 200 Day Moving Average. Even with this day, still seeing some upward momentum. Alix a lot have broken the 200 day but have not been able to hold it. What will be the catalyst to break us out on this range . It was really the commodity names that probably the most. Copper and gold up at the most since november, also a transocean. Stock in con of a risk on day across the board. And itd at the vicks still cannot seem to gain any traction. The vicks really low. We keep having this rally where we are climbing higher but there doesnt seem to be a lot of concern. Joe and im going to sound like a broken record but guess what, there are new lows in japanese borrowing cost again. There is the japanese 30 year yield on the screen every day, brandnew lows. What else is there to say . Thelet lets talk about dollar continuing to weaken, revisiting sixmonth lows aft