This is the markets we are looking at in terms of global equities. This is a second straight day of rallying, s p 500, futures advancing, crude oils advancing to levels we saw back in october. Jumping,s dollar also and the nations bond following after the nationsbank released minutes of the latest meeting. Lets get straight to the bloomberg first word with nejra cehic. Nejra thanks. Broadbased a weakening of inflation pressures was behind this months surprise Interest Rate cut. The australian Central Banks first reduction in a year came after cpi fell on the First Quarter for the First Time Since 2008, even as the Growth Outlook remains steady. Still, the aussie dollar jumped, as they said the deal wasnt viewed as a slamdunk, reducing the likelihood of a followup move in june. George soros has cut his funds in u. S. Stocks by more than 1 3 in the First Quarter and bought a 264 million stake in the worlds biggest bully and producer. Hes warned of risk stemming from chinas debt fueled ec
Things that goes to john cryer. We are less than 30 minutes away from the European Equity market open. Lets ticket look at the terminal and show you a bloomberg is telling us about what that open will look like in 29 minutes time. It looks like the market is going to be opening on the front foot. A positive open for europe this morning. Around. 6 for the london stocks. London and paris are slagging a little bit. European markets were fairly flat yesterday. As a result of which, if fairly decent start to the day. What else is going on, matt . Matt you are seeing the aussi job by the most in more than a month after we got the minutes back from the rba meeting, suggesting they will stay put for the next meeting to look and see what their moves have done so far. Crude oil jumping to basically a sixmonth high. Look at nymex crude. U. S. Eculations that stockpiles will continue to fall. And then gold down. We have more big names added to the gold pile. We have heard from druckenmiller, who t
Meeting much more important. I know were going to do that in a minute. Basically, the journal article suggests that what Carl Weinberg will has talked about maybe finally happened. We will talk about that. Francine we have been reporting this for a couple of weeks. Its something i addressed. They have been asking for some time and debt relief. They have done this veiled threat that if they dont get that relief, they may not participate. News. Get to the the u. S. Is backing libyas request to find islamic state. John kerry is in vienna where he met with russias foreign minister as well is the bromance from other countries. They ruled out the use of u. S. Troops. The majority of britons want to remain in the european union. 55 of those surveyed what the u. K. To stay. Thats up slightly. 40 want to leave. The referendum is june 23. In france, the french president will try to head off strikes. Last week, demonstrators in paris announced the plan that he forced to the lower house of parliam
Jobs. Ave tough i dont envy them what they have to do at the moment. Anna welcome to countdown. I am anna edwards in london. Manus i am manus cranny in dubai. Good morning, and a. Anna let us talk about the oil price. Wti yesterday. We are rallying once again this morning. Tomorrow. Data is due seeing increasing in the united eights. Decrease ino weeks back to back numbers since september. We have a number of factors coming in. I have a chart that contextualizes this move. All the way back to 2005. Inventory are forecasted inventories are forecasted to decline again. Bouncing up since the lows in february. 80 since we saw the 12th year those in the price of oil. A number of factors. Wildfires in canada that on the agenda. Warm weather fanning flames. Supply disruptions in nigeria as well. Talking about oil and what you do with the proceeds of oil. Manus, inc. News in your part of the world. Manus, big news in your part of the world. Manus i love this. I love the cover. Have a look. Sau
Shery how did the bigtime investment people feel about the economy . Simply put, we are in the proceed with caution spectrum. We all have to be worried about it. Shery straight ahead on bloomberg best. Hello, and welcome. , your bloomberg best weekly review of the most this news, and interviews from Bloomberg Television. The topgin with headlines. Warren buffett has never shown much of a taste for tech investment but on monday we learned his company has taken a billiondollar bite of apple. Shunnedn buffett has technology companies, staying on the sidelines through two internet booms but Berkshire Hathaway has discovered a stake for his holding of 9. 8 million shares at the end of march. He is also among a Group Bidding for yahoo s assets. Are we reading too much into this . Is he changing his tune . I am sure we would all love to know the answer, but i think we need to put these things in perspective so when it comes to are talking about a billion dollars, which in the grand scheme wou