Sanctions. Partslan to sell vehicle to help its turnaround and get back on track. It is also still looking for a new ceo. Shery lets check the markets. U. S. Futures unchanged at the moment. U. S. Stocks struggled throughout the session. S p 500 slumping after the fed rate decision. Markets taking it is a hawkish cut. In fact it did recover towards the end but it finished basically unchanged. We also had Energy Stocks dragging on the index. Crude falling for the last two sessions after that 15 gain we saw monday. At the moment unchanged, below 60 a barrel. Financials gaining ground today. We had yields plunging after the fed intervened and the repo markets injecting cash to soothe the money markets. That was paired back a little bit after the fed rate decision. 10yearold 10 year yield finishing around 1. 80. Paul some breaking news on the bloomberg terminal. The Hong Kong Monetary authority is cutting its base rate to 2. 25 . Pretty much as expected after the fed move today. So we have
Country in the history of the earth you are deemed as matter. For more information go to our website www. Studentcam. Org. Here to talk about security of the Global Oil Market is brian scheid, the oil news a Senior Editor for smp global plats, thank you for being here. Things or have any. Tell our viewers what exactly was struck in saudi arabia and how it impacted supply. About a week ago the oil market was in almost a general malaise over and over supply situation, there wasnt a lot happening with the crisis was very volatile market. Then saturday morning happened and there was an attack on the ad quick processing facility the largest in the world in saudi arabia and the crew raise field which is the second Largest Oil Field in saudi arabia there is still a lot of debate about what actually occurred during this attack and whos to blame, the u. S. Is already can blame on iran and we will see a lot more as that goes forward but what happened with prices was this knocked out 5. 7 Million
Are going to see people try to arm themselves with right information but no doubt about it this will change the economy in the coming years. Cheryl im excited because ive been talking for a few days and i know you talk today heavy hitters in the industry, cant wait to see it and i cant wait to see mornings with maria which is obviously starting right now, have a great show. Special debut sunday night at fox news 8 00 oclock, this morning we are gearing up for another big news day, good morning, everyone, im Maria Bartiromo, live this morning from washington, friday september 20th, 2019, top stories right now 6 00 a. M. On the east coast. Mark zuckerberg taking washington, facebook ceo met with President Trump and lawmakers yesterday and hes headed back to the hill today as he faces calls to sell instagram and whats app, back to negotiating table deputylevel meetings resume in washington this as President Trump prepares for tariff exemptions, exemptions on select goods. Is futures looki
Better than unemployment read as well. Lets have a look at some of the movers out there. It just shows that things are being priced in. The 10 year yield is pretty much unchanged. One move up on basis point. 10 year yields. An eye on what the bank of japan will say in a few hours time. Could be in an hourm could be this hour hour, could be this hour. No changes expected in that bank buyback program. It could go more into negative territory. Another Interest Rate decision is coming out of indonesia. Most people suggesting that we may see a cut. There is another body. It is a minority and they may stay after three Interest Rate cuts in a row. The indonesian rupiah has a dollars worth 14,090 in indonesian rupiahs. The bank of england a bit later. They are expected to state here. Stay here. Bloombergs u. S. Dollar index, we had some gains after the fed moved. E are holding on to those just up by a fraction. Ons look at what is going market wise. Have a look at some of those first word news
Point. Hang seng was up more and in europe theres active trading taking place with the early hours and youll also see that there are, well, its a bit of a mixed picture. Stocks are slightly weaker across the rest of the continent there. In the treasury yields here in the United States, thats what we continue to watch closely theres questions about what the fed does next and right now the ten year picked up a little bit of steam its 2. 073 . The ten year at 1. 584 so about 1. 5 and then the two year, look at that 1. 558 so no inversion at this point and you are seeing a little bit of gains in the yields. Thats a pretty big move. A quick move back. Right were not following it that closely. And the 30 year is well above 2 i think just psychologically its always like this but we give it to up days not just us but the collective we theres a point we were down 250 but we only ended up down 250. Right. But we did 372 yesterday but its very its the biggest two days of gains you have seen for s