Hildebrand, the vice chairman of blackrock, the Worlds Largest money manager. Then we have an exclusive with egyptian finance minister amr elgarhy. Stocks definitely higher, so they are gaining 0. 2 , dollar weakening, oil expanding gains. Our manus cranny on the ground in vienna. Eurodollar 1. 1243. Lets get to bloomberg first word news with nejra cehic. Nejra Police Investigating the manchester bomb attack have reportedly stop sharing information with the u. S. After leaks to the media. Gordon to the bbc, the decision over amid outrage information from the day brief appearing at the New York Times. Prima nasser theresa may will raise the subject with donald trump later today. Thees of violence across capital city of brasilia. Theviolence ratchets up pressure on the government. Opec and its allies are pleased to expand production cuts for another nine months after last years agreement failed to clear a Global Supply glut. We will be live from opec in vienna later in the show. The minu
Bouncing off that level yesterday, but today it has slipped below it and it seems as though the breaking of that level happened and caused every thing to accelerate. They are having the worst single sessions and connect to may 17, and having a major volume here of heavy selling going on. Not as the losses today, but the losses we have seen on the nasdaq this month breaking a winning streak. We have this tracking on a month test monthly basis, so before june we had seen the nasdaq rally for seven straight months, but now it looks like it will not make it to an eightmonth. It is looking less likely as we see a 1. 4 drop on the month here, breaking below those Technical Levels we have been watching. In terms of what is declining today, it seems as though it is a wholesale selling of technology and some of the other momentum stocks that had been fluctuating so wildly between gains and losses over the past month. Semiconductors are one of the prime groups, advanced microdevices and insight
Bouncing off that level yesterday, but today it has slipped below it and it seems as though the breaking of that level happened and caused every thing to accelerate. They are having the worst single sessions and connect to may 17, and having a major volume here of heavy selling going on. Not as the losses today, but the losses we have seen on the nasdaq this month breaking a winning streak. We have this tracking on a month test monthly basis, so before june we had seen the nasdaq rally for seven straight months, but now it looks like it will not make it to an eightmonth. It is looking less likely as we see a 1. 4 drop on the month here, breaking below those Technical Levels we have been watching. In terms of what is declining today, it seems as though it is a wholesale selling of technology and some of the other momentum stocks that had been fluctuating so wildly between gains and losses over the past month. Semiconductors are one of the prime groups, advanced microdevices and insight
Bouncing off that level yesterday, but today it has slipped below it and it seems as though the breaking of that level happened and caused every thing to accelerate. They are having the worst single sessions and connect to may 17, and having a major volume here of heavy selling going on. Not as the losses today, but the losses we have seen on the nasdaq this month breaking a winning streak. We have this tracking on a month test monthly basis, so before june we had seen the nasdaq rally for seven straight months, but now it looks like it will not make it to an eightmonth. It is looking less likely as we see a 1. 4 drop on the month here, breaking below those Technical Levels we have been watching. In terms of what is declining today, it seems as though it is a wholesale selling of technology and some of the other momentum stocks that had been fluctuating so wildly between gains and losses over the past month. Semiconductors are one of the prime groups, advanced microdevices and insight
Good morning. This is bloomberg surveillance. We have a lot to get through today. Coming up in our weekly brexit show we speak with the u. K. s shadow trade secretary. First things first. There is so much talk from hawkishness from the central bank feedings through to the markets. Equity markets. Now theyre back up. We did see a selloff in u. S. Stocks being reawakened. The quarter is drawn to a close. Bonds extending some of the losses. Central banks seem to shift towards a more hawkish tone. The picture for crude oil, above 45. You can see the vix, 2 higher. We will have plenty more for the market shortly but first lets get to the bloomberg first word news. Andastian donald trump Vladimir Putin will meet for the first time next week among heightened tensions between the u. S. And russia over the future of the war in syria and moscows intervention in the u. K. And investigations into russian medley in the u. S. Election. The revised travel ban is facing a new court challenge. A new se