Later on. Down. 0 orp ended. 01. A call before the storm feeling before tonights boj and fed decision. Matt individual stock movers today are big stories. Check out for example a couple mergers moving stock today, mergers we knew about. Dow and change in the s p. Gains for monsanto, for example. If the merger goes through, it will drop the monsanto name because that is just add pr. Hotels get approval from chinese regulators to get blocked by marriott. Starwood again or, fedex in moments with its earnings, the stock rallies into the release. Joe lets look at government bonds ahead of these big central bank decisions. Sorry, i forgot about wells fargo. Getting killed last week, but doing well this week. Pretty quiet as the final count ahead of those centralbank decisions. In theexpect more action next few hours with regards to the boj and the fed. I want to look at a chart of the 10 year yield. There is something i want to point out, around 6 00 a. M. , yields started to slide. It was f
The latest vote suggests the no count has taken the lead. Shares in ricardo trade higher despite a fall in profits. Chinese stocks hit a high as weak numbers suggest beijing will step up with fresh stimulus measures. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Good morning. Welcome to the show. Were just getting the report through that we had expected from the International Energy agency reporting that oil prices, quote, fell sharply in august. As we know, wti declines by 6. 32 to 96. 08. Brent down to 4. 79 to 103. 40. It says a slowdown in demand growth in the Second Quarter caused by a weaker outlook for europe in china underpibed those downward revisions. It said compared with a year ago, Global Supply was 810 thougs barrels per day. Referencing geopolitics, the iea said while conflijt in iraq and libya show in signs of abating, prices remain muted, that because of weakening demand growth and supply. We will be talking to the bnp s
Partially restored in north korea following a ninehour outage, but u. S. Officials deny any action against pyongyang. And another defeat, the greek government is once again tested as lawmakers head into a second president ial vote that could bring the country closer to snap elections. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hi, everybody. Good morning. Glad youre with us here on the next two hours on worldwide exchange. Weve seen another volatile saegz for the ruble. Its given up exchange against the dollar, but trading a little higher against the dollar at the moment. In the last hour, a report emerged that the countrys Prime Minister told the largest state exporter to sell part of their forex reserves. If its in an effort to try to stabilize the currency. It intends to hold consultations with these exporters on these particular measures. The ruble has lost almost 70 against the greenback against the dollar. The worst performing c
Time since 2002. We break that data in under 30 minutes times. Lets look at stocks. They rally after the u. K. Supermarket oust. German rival metro beating expectations on its consumer electronic division. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. All right. Oil continues to dominate the investigator discussion. Oil taking another leg down with wti and brent both slumping around 2 . Near a six year row. The iranian president delivered a fresh warning saying the dramatic drop in prices not only hurts iran but other producers including saudi arabia and kuwait. They defended the decision saying prices would stabilize at profitable levels. He also said the organization had no plans to meet before the next scheduled meeting in june. You can take a look at shares right now of oil trading down about 3 in todays trade. Indeed and the dramatic sell off comes as china reported record crude imports next month. China also posted a better than forecast ris
Mark hello. I am mark barton. Manus also bringing up, we have a closeup of what a 40 million watch looks like. Plus interviews with the ceos behind the brands. Mark treasuries rally as janet yellen proves she is predictable on patients. The exit from easing may be more gradual than markets anticipated. Yellen because we removed of word patient does not mean we will be impatient. Anna the dollar saw its biggest drop in six years as she stressed to there would not be a tightening until inflation returned to targets. These things might take longer than markets anticipated. She warned of the impact of the strong dollar. Yellen inflation has dropped below the longerterm objective. Declining import prices have also restrained inflation. In light of the appreciation of the dollar will likely continue to do so. Anna other currency swings on the backs of the news. Lets get over to manus at the touchscreen. Manus if you want to rep it up, my that woman packs a punch manus my that woman packs a p