And signs of weakness in the jet in chinese economy that many are attributing in part to the lingering trade fight with the United States seem to be driving the slip and Oil Prices Oil prices fell by about one percent on monday on reports of the growth rate of chinas industrial output falling to a 17 year low growing just 5 percent year over year in may concerns about chinese growth appeared to have exerted enough downward pressure on prices to roughly cancel out the upward push late last week in the wake of the apparent attack on 2 oil tankers in the gulf of oman what west texas intermediate futures rose by about one percent on friday while brant futures were up by about 4. 4 percent. On. And on hand now to break help us break down all the goings on in the Global Markets and oil trade and perhaps some surprising topics is name shes a market analyst at think markets. Name 1st 1st on oil prices what is your take on the slide in prices thats happening despite the tensions in the gulf lar
[000 00 00;00] with this is boom, bought the one bit show you care. The fordham it brings you more. Can i make it . Love is in washington coming up. It may be a new month, but its more of the same delay for the north, you and your pipeline. Well take a look at how tensions over ukraine are impacting the state and the completed project fly. All eyes are on opec loss, as it will. Prices remain your 90. 00 per barrel. Good. The car solid ramp up production that had a schedule for this guy. Then could the Federal Reserve raise Interest Rate sab been times this year. Well bring the latest connections with analysis. Got a lot to get to get started and we leave the program with the latest on the fate of the nordstrom to pipeline a mid another day of tensions in the u. S. Ramps up are possible military conflict with russia. The president of the European Commission said monday that the gas pipeline from russia to germany has been put on hold. And the commission is looking into the projects comp
United states and around the world. Im Fareed Zakaria coming to you from new well start todays program with two of the worlds critical hot first, ukraine, where president zelenskyy admitted this week that the counteroffensive is difficult as western officials tell cnn that further decisive progress by kyiv is highly unlikely. So where does the war go from here . Then to niger where a Military Ju Junta Launcheded A Coup three days ago. That makes for a sixcountry belt of coups spanning 3,500 miles right across the african continent. Well tell you what you need to know about the startling trend. Also, are you amazed by the power of Artificial Intelligence . Well, wait until you hear about Quantum Computing. It will make todays a. I. Look like childs play. I talked to the famous physicist miccio kaku about what he sees as the real gamechanger. But first, heres my take. In only may 2023, it seemed obvious that the United States was going to face an unmanageable Border Crisis in the Previou
United states and around the world. Im Fareed Zakaria coming to you from new york. We start with two of the worlds critical hot spots. First ukraine. Where president zelenskyy admitted that the counteroffensive is difficult as wes western Officials Say that kyiv is highly unlikely so where does the war go from here . And then to niger, where a Military Coup was launched, that makes for a six county belt of cues spanning 3,500 miles across the african continent. Well tell you what you need to know about this startling trend. Also, are you amazed by the power of Artificial Intelligence . Well wait until you hear about Quantum Computing. It will make todays a. I. Look like childs play. I talked to mitchia kaku about what he sees as the real gamechanger. But first, here is my take. In early may, 2023, it seems obvious that the United States was going to face an unmanageable border crisis. In the Previous Fiscal Year there were about 2. 4 million of apprehensions trying to enter the u. S. A
Hour. Stocks are set for a positive start after earnings reports, treasuries are falling. Chinese deflation danger growing. Softbanks vision fund set to return to profit. We are getting a slew of trade data from around the region. We see the goods trade surplus widening. We are seeing the current account surplus widening. This as we continue to watch the won as a key currency pair, sentiment has been souring. Not just south korea, always a bellwether when it comes to those first 20 days. We are expecting further weakness. The goods trade surplus is widening to 3. 985 billion, the current account number coming at 5. 8 billion. Shery take a look at how u. S. Futures are trading, we are seeing a muted picture. The s p 500 is being led higher by financials. There is a lot for markets to take in this week. We were talking about cpi numbers totaling more than 100 billion but the market has to digest. Were talking about more stability and investors are focused. Took a bit of time for digester