North. Kim jongun ordered preparations of a launch of a de facto longrange ballistic missile. The country tested one in february. South Koreas Defense Ministry said the north is ready for another nuclear test. Its last happened a month ago. The United States has been increasing pressure on the north over those developments. It plans to hold a drill with the south off the coast of the Korean Peninsula next week. The u. S. Has also been talking with other countries about imposing tougher sanctions against the north. Syrias heavily criticized leader said rebels in aleppo can leave the wartorn city if they lay down arms. He said the army will push to retake the city. Acted the entire country. On thursday, troops advanced into the central area recapturing key buildings. Government forces have repeatedly launched air strikes on the city since the latest ceasefire collapsed a few weeks ago. The Government Forces are expected to further intensify their offensive, fueling concern about more civ
North. Kim jongun ordered preparations of a launch of a de facto longrange ballistic missile. The country tested one in february. South Koreas Defense Ministry said the north is ready for another nuclear test. Its last happened a month ago. The United States has been increasing pressure on the north over those developments. It plans to hold a drill with the south off the coast of the Korean Peninsula next week. The u. S. Has also been talking with other countries about imposing tougher sanctions against the north. Syrias heavily criticized leader said rebels in aleppo can leave the wartorn city if they lay down arms. He said the army will push to retake the city. Acted the entire country. On thursday, troops advanced into the central area recapturing key buildings. Government forces have repeatedly launched air strikes on the city since the latest ceasefire collapsed a few weeks ago. The Government Forces are expected to further intensify their offensive, fueling concern about more civ
Anna welcome to the program, wn and weretdo live from london. Lets get straight to what is happening in the market. The key feature has been the reevaluation of what the fed is going to do in their june meeting. We talked about that a lot yesterday. Overnight, we continue to see this flow of hawkish currency coming from the fed, but the market hasnt been responding in the way that many would have anticipated. The wirp function bloomberg to run these through where fed futures are pressing the market will move and we have a 20 chance of the fed moving in the month of june, or hiking in the month of june. That number has moved a lot. It went up to 32 yesterday, but then it fell again. If the market is supposed to be a greasy on june is a time when rates Interest Rate, why did that contract a little bit . What we have from heard overnight, and also from blackrock that we need to start counting in the fed as a player in june. Also suggesting in one note that perhaps the fact that u. S. Equi
If not in the immediate wake of the fed minutes coming out. The nasdaq and the dow all higher. The nasdaq is the winner of the day on Strong Technology numbers from Applied Materials and a general lift and technology. If you look at the week now for the s p 500, it is posting a gain of nearly half of 1 even though there was that rocking this in the wake of those fed minutes coming out. Week,still again for the snapping a threeweek losing streak for that index. In todays session, tech is the best performing sector here. Information technology up nearly 1. 5 . Financials also doing well as well as health care. Consumer staples not faring quite as well. , watchingage terms some of the best performance on the s p 500 today, i mentioned makerd materials, the of chipmaking equipment, with a forecast ahead of estimates as orders search. Endo Health Solutions apparently the federal trade commission is granting some kind of antitrust approval for an action, but its not clear exactly what its fo
Bit of a reversal as they try to figure out what comes next. A lot of people saying this is not a floor but a temporary reprieve. Was talking to david westin earlier about the idea of Financial Markets with a bounce today but i do not know if the political markets have a bounce. You see the Jeremy Corbyn conference. By no means do i feel and all clear. Francine when you speak to traders and market participants, it is very clear that they believe Central Banks will once again step in and that is why we are seeing a little bit of a bounce. Tom can i say quickly how cool it is to have Alan Greenspan one day and mervyn king the next . We are honored. Francine but get to the bloomberg first word news. British Prime Minister David Cameron meets with his fellow European Union leaders today for the First Time Since last weeks vote to leave the eu. He will be pressed on how he expects the u. S. To trigger article 50. Ruled himself has out of the race to succeed cameron as Prime Minister. He was