Obama. Plans. Adens we will bring you our interview with the ceo. Asian stocks edge higher after break a500 fails to record at the close. European futures point to a negative just over an hour away from cash trading in europe. Atures suggest we could see lupita of ever treat a little bit of a retreat. They just went up for the morning. We were flat and positive across europe. , we faileded states to make a new high at the close even though we traded above those february high levels. There, wouldd got there have been the breadth to make it mean that much . We have gothe gmm, south korea, closed yesterday. Broadly speaking, we are flat and positive across the asian equity segment. Drift, whether it is asian stocks, u. S. Futures. The dollar is drifting. Making some moves to the downside. Treasuries a little higher, yields come down. Still questions around u. S. Stimulus, an unanswered question for Global Equity markets. Some breaking news across the bloomberg. Persimmong sector, saying f
The brewing giant refuses to offer guidance for next year the pace of recovery, as you point out is uncertain and is very local infin yan shares jump as they point to a recovery in the chip maker. The outlook is improving within automotive, we have seen recovery. Also korea we expect that the worst is behind us. The threeway deal, President Trump says the u. S. Treasury should be paid a substantial amount of money for facilitating the part of the bid of the chinese app tiktok i think maybe a deal is going to be made it is a great asset but not in the United States unless they have the approval of the United States a very warm welcome to street signs. Lets get right to the Market Action trading has been under way about 60 minutes and has been a very turbulent hour currently about 25 basis points below the flat line. We have crossed into and out of positive territory the results front, some companies actually offering a fairly optimistic recovery on the outlook. Getting investors confide
Its been an unstoppable run for this stock up more than 160 from its lows in late march. One analyst think its got even more fuel in the tank. He will joins as power lunch starts right now the dow is higher for the sixth day in the row thats pacing for the longest winning streak since september lets get to bob for more on the markets. We are sitting at session highs. A little pop about an hour ago that was declared we had entered a recession in february. Let me show you because once again its the reopening story thats moving the tstocks laggig two weeks ago had been leadership groups. Tech is under performing its very interesting how its underperforming. Its not like they are selling them the volume is light in this sector its not a lot of buying interest the same with megacaps you know about the megacap leadership apple is at a new high this is another interesting group. Visa and mastercard have been monsters they have showing some lack of interest today a bit of rotation as we go int
And hundreds of millions of children desperately needing food we look at the difficulties for a agencies. Now yemen syria the rebels have told aljazeera they wont stop fighting while the country is under siege the Spokesman Says there have been continued land attacks and as strikes thats despite an announcement from the saudi u. A. E. Military coalition a 2 week unilateral ceasefire they say is to prevent a corona Virus Outbreak were but mentally as is reported. I haul in military operations in yemen. But in the days and even now essentially ceasefire came into effect. All too familiar scene supply lines across the country injured people taken to hospital after hutu rebels shelled the port city of her data more injuries to entails of the heavy shelling the hostess say the saudi u. A. E. Coalition also bomb targets in all just had to and cider although the coalition called for a cease fire spokesman told our just era they have not agreed to it so long as the siege is not lifted we have
Class those. Who would use it. And brazils president defends his controversial appearance with protestors on sunday and says he wants social distancing measures lifted this. Hello and welcome to the program for the 1st time benchmark u. S. Oil prices of crashed into negative territory meaning producers are now paying buyers to take it away in a massive one day drop west texas intermediate fell from about 17. 50 dollars a barrel to below 0 it was trading at around 60. 00 a barrel at the start of the year Global Demand has plummeted because of the coronavirus related lock downs and travel restrictions are stricture and fears of a lack of Storage Space this is despite continuous attempts to counter the havoc in Global Energy markets well earlier this month Russian Saudi arabia agreed to an unprecedented cut in output of almost 10000000 barrels a day to try to boost virus hit markets. Anish capacity is the rector of energy and Police Advisors an independent Research Provider in the oil and