Valuation to secure an imf loan. Yousef and saudi bank stocks have never been so cheap. The pricetobook ratio for lenders at its lowest level bloomberg started tracking in 2006. It is in 00 a. M. Across the emirates, semiclock a. M. In istanbul. Im yousef gamal eldin. Angie and im angie lau in hong kong, where it is just past noon. Welcome to Bloomberg Markets middle east. What were watching here in asia as charles 11 make some comments for us in sydney in australia. We are also watching that u. S. Dollar strength really impacting the asian markets. We did start off strong when it came to oil, but we are paring those gains now. How about your neck of the woods . We were off to a slow start at the world energy congress, and then things kicked up when the heads of state walked in, including russian president Vladimir Putin, including rizzo erdogan, his turkish counterpart. Whether nonopec will join the conversation. This is what happened when the russian president started speaking about
System, and do you know how to buy shares of mcdonalds for just 6 bucks . Well show you how. The action begins right now. Lets get right to it and with todays rally stocks posted their longest weekly winning streak since october and driving the surge a breakout in crude which is up more than 40 from its february low. Is this rally sustainable . Lets get in the money right now. Mike, what do you think . You know, i think its kind of interesting here because the fundamentals for crude really arent that strong, right, so i think everybody had basically said this thing was going to go to 20. There were people talk become it going even lower than that and even with modest level declines were seeing builds week over week. I feel like we may have come too far too fast and bear in mind with 530 Million Barrels in store which are basically near alltime highs and in truth only 30 days of consumption for the united states. A really volatile commodity and thats why we basically use a lot what have
That does it for us tonight. It is time for the last word with lawrence odonnell. Sorry to eat your last 45 seconds. Its tough to watch. There are reports that said he was able to wave to people on the way out. He seemed to be coming back even when he was on the floor. Thats right. His aides and family both say he will be fine but obviously nobody likes to see that. We will be watching reports. Thank you, rachel. A new lawsuit could force President Trump to release his tax returns and finally revealing who he owes money to and other details because of the emoluments clause of the constitution. Laurence tribe is part of the lawsuit thats been brought about that clause. He will join us tonight. I wonder what its like when you are telling a kid about the story of George Washington cutting down the cherry tree and saying to his dad, i cannot tell a lie. I cut down the tree. Are kids still buying that story, or are they saying it wasnt a lie . It was a falsehood. I have a running war with t
Laurence tribe is part of the lawsuit thats been brought about that clause. He will join us tonight. I wonder what itsike when you are telling a kid about the story of George Washington cutting down the cherry tree and saying to his dad, i cannot tell a lie. I cut down the tree. Are kids still buying that story, or are they saying it wasnt a lie . It was a falsehood. I have a running war with the media. They are among the most dishonest human beings i know. This is off to a terrible start. This was the largest audience to ever witness an inauguration period. I dont trust anyone who ends a sentence with the word period. Imagine if someone said, look, im a doctor, period. Our secretary gave alternate facts. They are not facts they are falsehoods. You are worried your country is in the hands of this unpredictable man. Relax, i got this. The framers wanted a president who had undivided loyalty to the american people. Whats your reaction to lawsuits today . Hes not going to release the tax
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