Technical difficulties. I feel very oprah. We are seeing Oil Prices Fall back 7 over the past five sessions. Oil has fallen for four of the past five days. The excuse appears to be increased production out of libya. Its the ongoing for a mentals of oil and fundamentals of oil and technical factors and levels helping send oil down. Oil is now down 20 from its highs of the year. Its not just oil that is falling. We are seeing copper also decline for the sixth session in seven. Copper down 1 today. Its pulling down some of the miners as well. Report mac rent this report mac and rioreeportmcmoran down as well. Other sectors mitigating those losses. The s p pulling back. The nasdaq down the most of the three, but by a smaller margin than in recent days. There are groups mitigating the declines. One of them is health care. Health care higher today. Regeneron has been gaining steam in particular. Stocks fell initially today after novartis said a potential blockbuster its developing to treat v
Technical difficulties. I feel very oprah. We are seeing Oil Prices Fall back 7 over the past five sessions. Oil has fallen for four of the past five days. The excuse appears to be increased production out of libya. Its the ongoing for a mentals of oil and fundamentals of oil and technical factors and levels helping send oil down. Oil is now down 20 from its highs of the year. Its not just oil that is falling. We are seeing copper also decline for the sixth session in seven. Copper down 1 today. Its pulling down some of the miners as well. Report mac rent this report mac and rioreeportmcmoran down as well. Other sectors mitigating those losses. The s p pulling back. The nasdaq down the most of the three, but by a smaller margin than in recent days. There are groups mitigating the declines. One of them is health care. Health care higher today. Regeneron has been gaining steam in particular. Stocks fell initially today after novartis said a potential blockbuster its developing to treat v
Technical difficulties. I feel very oprah. We are seeing Oil Prices Fall back 7 over the past five sessions. Oil has fallen for four of the past five days. The excuse appears to be increased production out of libya. Its the ongoing for a mentals of oil and fundamentals of oil and technical factors and levels helping send oil down. Oil is now down 20 from its highs of the year. Its not just oil that is falling. We are seeing copper also decline for the sixth session in seven. Copper down 1 today. Its pulling down some of the miners as well. Report mac rent this report mac and rioreeportmcmoran down as well. Other sectors mitigating those losses. The s p pulling back. The nasdaq down the most of the three, but by a smaller margin than in recent days. There are groups mitigating the declines. One of them is health care. Health care higher today. Regeneron has been gaining steam in particular. Stocks fell initially today after novartis said a potential blockbuster its developing to treat v
I will have more in the markets shortly. Angie thank you. Central bankers reaffirmed their belief in the power of Monetary Policy at their meeting in jackson hole, with janet yellen signaling a hike is still on the table next month. Meanwhile, we have kuroda vowing to act decisively on stimulus is needed, saying there is ample roof room for additional leaving. Editor brettnomy miller is in tokyo. What clues does this give us, at the boj meeting . Reporter we are certainly in for a tense wait. Kuroda has implicated as he has said before, that a full increase in policy is possible. That means we could see negative Interest Rates cut further. We could see the asset Purchase Plan increased as well. Variables ist of open. We have seen in recent days, analysts talking about the possibility of the boj moving into new areas including looking at buying local government bonds, and areas where public corporations are issuing bonds projects,t like rail sewers, building hospitals. A whole host of a
Markets postjackson hole are see aning when we might increase in Interest Rates from the Federal Reserve. Lets start with the work function on the bloomberg. It puts in perspective the moves we have seen over various Asset Classes and what this tells us about expectations for a fed rate hike. In probability of a hike september. Increasing bets on a fed increase. That number was just 22 a week ago. Janet yellen making the case for a fed rate hike. Even if talking about being more gradual in the future. The markets assessing the near term. If you are not convinced about september, it looks like investors are convinced for the rest of the year. 65. 7 of a hike by december. What is that doing to the markets . We have seen greenbacks strengthening. Emerging markets stocks a little bit weaker. A divert ins policy between the boj and the fed. Lets show you the risk and where we are on these various Asset Classes. The dollar index fairly flat. Spoke, took an little time to settle in. It settle