Its Getting Better, but not it is not Getting Better quickly enough. Especially among millennials and extras are getting opportunities to lead. Ramy wall street mourns the loss of a foundational figure. Its all ahead on bloomberg best. Hello and welcome. Im ramy inocencio. This is bloomberg best. A weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Our day by day look at the top headlines begins with a vigorous look at the rally in commodities. Oil is continuing its run of gains with brent crude at its highest so far this year. Thats above 39 per barrel. Talk us to the latest development. I was getting these warnings, these alerts in my bloomberg telling terminal telling me that oil prices were below 30 a barrel. We might have to go down to four dollars a barrel, we are tantalizingly close with brent crude reaching that level there are a few reasons why this is happening. You have u. S. Drillers in the united states,
Stephanie a cultural leader. We think about what wall street has been or the last war years. Mike bloomberg to Michael Lewis talk about talking about what an extra ordinary character he was. This ecb announcement coming today. You are looking at green, matt miller. Poker andad liars that is what got me interested in this business. I had the honor of interviewing John Gutfreund on many occasions and an absolute giant in the industry. Anyone who has not read the book should. Look into his career. Markets, gains in futures ahead of the ecb meeting. All about the ecb meeting today. We were playing cool and the gang earlier, excited. Stephanie you were playing cool and the gang. I would like to separate you. Matt a celebration. Seeing what mario draghi does, the market expects him to cut the rate by 10 basis points, 80 . A 20 chance, according to futures that he cuts by 20 basis points. That would be the bazooka. Overnight in asia in anticipation of this, the shanghai, down 2 and hong kong
Especially among millennials and extras are getting opportunities to lead. Ramy wall street mourns the loss of a foundational figure. Its all ahead on bloomberg best. Hello and welcome. Im ramy inocencio. This is bloomberg best. A weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Our day by day look at the top headlines begins with a vigorous look at the rally in commodities. Oil is continuing its run of gains with brent crude at its highest so far this year. Thats above 39 per barrel. Talk us to the latest development. I was getting these warnings, these alerts in my bloomberg terminal telling me that oil prices were below 30 a barrel. We might have to go down to four dollars a barrel, we are tantalizingly close with brent crude reaching that level there are a few reasons why this is happening. You have u. S. Drillers in the united states, they have the least number of active rigs out there in less than six years. T
Learner new year holidays. We are seeing a complete reversal on european stocks. For him to dive into the brexit issue is a nice sideshow this morning. I guess the main event will be any comments on negative Interest Rates or further negative Interest Rates, one of our themes, no doubt about it. Francine it will be interesting to see. Lets get to the bloomberg first word news with ramy inocencio. Hillary Clinton and Bernie Sanders squared off in their last debate before five states hold their primaries next tuesday. They zeroed in on seems they hope will drive democrats to the polls. When we talked about immigration, the secretary will remember one of the great tragedies of recent years as children came from honduras, where there is probably more violence than on most any place in this country and they came into this country, and i said welcome those children into this country. Secretary clinton said send them back. Each one accused the other of flipflopping on immigration to appeal to
Where we have to start following this huge package of stimulus. Looking at various annulus analysts, on the one hand, you get this big package of the rate cuts. The deposit rate cut into the negative. Bond purchase are in the negative. Now, mario draghi is also saying no more cuts will be happening. Investors are still wondering if this will work to help the economy. We saw the euro fall and then recover. Now, were not quite at the high of the session. Nonetheless, where in the green very strongly. If you look at the intro date, you will see these changes as investors try to decide what to make of this. If you look at this sovereign debt, we have seen the biggest beneficiaries coming in through spain and portugal where we have seen yields climb. The effect has been more muted in places like germany. Here. E a look at stocks we have seen stocks rise for the high of the session. It looks like there is some level of optimism making this work. ,f you look at sovereign debt here, we have an